...Accounting Skills Brief Skills • Experience with budgets, forecasting, payroll, accounts payable and receivable • Detail-oriented, accurate, general accounting data processing skills • Skilled at developing and maintaining professional relationships with clients Sample Tasks • Prepare, examine, or analyze accounting records, financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards. • Report to management regarding the finances of establishment. • Establish tables of accounts and assign entries to proper accounts. • Develop, implement, modify, and document recordkeeping and accounting systems, making use of current computer technology. • Compute taxes owed and prepare tax returns, ensuring compliance with payment, reporting or other tax requirements. • Maintain or examine the records of government agencies. • Advise clients in areas such as compensation, employee health care benefits, the design of accounting or data processing systems, or long-range tax or estate plans. • Develop, maintain, and analyze budgets, preparing periodic reports that compare budgeted costs to actual costs. • Provide internal and external auditing services for businesses or individuals. • Analyze business operations, trends, costs, revenues, financial commitments, and obligations, to project future revenues and expenses or to provide advice. • Generate budgets and forecasts on a quarterly basis and present...
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...properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow to properly use accounting skillhow...
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...Final Project Proposal Introduction | Forensic accounting may not be a new field in accounting. However it becomes so important recently and has been an interest to various stakeholders, from the government, investors, and practitioners to regulatory bodies. In public sector, the increment in frauds, money laundering, corruptions, illegal or unethical acts and other wrongdoings are the main factors to support the needs of forensic accounting skills in public sector working environment especially in public sector accountants. The need for forensic accountant has been ascribed to the fact that the audit system in an organization had failed to detect certain errors in the system.Demand for Forensic Accountants (FAs) is growing fast because of the use of information technology to commit crimes, growing corruption, and harsh economic times that are making some workers to steal from their employers or assets of organization. In more recent years, Accountants (FAs)who worked in public practice were often called after owners suspected that fraud had been committed.This research is to study the needs of good forensic skills in public sector working environment especially within public sector accountant. | Problem Statement | The public sector constitutes the largest sector of the economy of any nation, It employs the largest population of the labor force and controls the bulk of financial resources of any country. It therefore calls for a proper financial resources...
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...Development of accounting students' leadership skills can be incorporated into the accounting degree program as a part of the curriculum by getting students involved in the various activities that the accounting society organizes throughout the year. Right now the number of students involved is relatively low. The accounting society is run by the students and is for the students. It is a great platform to develop our leadership skills. Students are able to plan and organize events, help tutor freshmen, also meet with leaders in the field of accounting in Little Rock. The society is also organizing a field trip later this semester, where students will get to see real life scenario at different areas in accounting. The society is a great resource for all accounting majors. It should be made a requirement that every student becomes a member of the society and fulfill a certain number of hours of work for the society to graduate. Another way to incorporate leadership skills into the accounting program is to provide students with an internship (accounting) in a company/organization while they are in their senior year. This helps make sure that the student is able to practice the theory that he/she has learned in a class before they take up a real job. It will enable to become better in their field when they graduate. A leadership skill that I am working on improving is my time management. Being a full time mom, student and a wife often I am pressed for time. Though my family...
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...Journal Critique 2 Dr. Carol Sullivan July 3, 2015 The Accounting Competency Crisis within the U.S. By Max Jackson Tell me something... What do Bear Stearns, Swissair, Health South, World Com/MCI INC. Tyco Ltd, Enron and Arthur Anderson all have in common, they all shared one weakness that has killed all companies alike.... the inability and the lack of quickness to spot bad accounting practices and procedures that were in place that lead to their immediate demise. It is because of this bad oversight and bad practices that Corporate America is railing for new talent, only for the talent not to be at the caliber they wanted. Some within Corporate America blame the current education system for not preparing today's "OVER ENTITLED STUDENT" who feel as though they can rightfully command a 6 figure salary as if they were Moses parting the Red Sea, with regards to doing the job they have been hired to do only to do nothing! In my paper, I not only place blame where it needs to be, at both the foot of the Educational System and Corporate America for not doing their part in order to prepare today's students, but I also state from those what can be done to help today's student over come today’s current job disparities within the field of accounting. Intro: In today’s tough job market, companies all across the United States are in a race as if it were a nuclear arms deal in order to find the top talent within the accounting industry. However they are all chanting one phrase as...
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...The booklet and contents should not be used for any other purpose. CPA Australia, the publisher and the author of this booklet take no responsibility for any loss incurred by any person who relies on guidance offered in this booklet. Legal notice Copyright CPA Australia Ltd (ABN 64 008 392 452) (“CPA Australia”), 2010. All rights reserved. Save and except for third party content, all content in these materials is owned by or licensed to CPA Australia. All trade marks, service marks and trade names are proprietory to CPA Australia. For permission to reproduce any material, a request in writing is to be made to the Legal Business Unit, CPA Australia Ltd, 385 Bourke Street, Melbourne, Victoria 3000. CPA Australia has used reasonable care and skill in compiling the content of this material. However, CPA Australia and the editors make no warranty as to the accuracy or completeness of any information in these materials. No part of these materials are intended to be advice, whether legal or professional. Further, as laws change frequently, you are advised to undertake your own research or to seek professional advice to keep abreast of any reforms and developments in the law. To the extent permitted by applicable law, CPA Australia, its employees, agents and consultants exclude all liability for any...
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...Recruit, Select and Induct – BSBHRM506A WEEK 3 – THEORY + SKILLS TASK 2.Q.3-4-5/6-7-8 3. HUMAN RESOURCE PLAN EMPLOYEE | M/F | POSITION | AGE | FTE | STATUS | TENUERE | SALARY | REPORTS TO | ERIK | M | PIZZA MAKER | 33 | N/A | ONGOING | 15 | $55,000.00 | FULVIO | FULVIO | M | CHEF | 40 | N/A | ONGOING | 10 | $75,000.00 | LUDOVICO | ALESSANDRA | F | WAITRESS | 25 | N/A | ONGOING | 2 | $45,000.00 | LUDOVICO | LUDOVICO | M | OWNER/MANAGER | 34 | N/A | ONGOING | 5 | $55,000.00 | N/A | EMPLOYEE | QUAIFICATION(S) | TRAINING PACKAGE REF | SKILLS / COMPETENCY | COMPETENCY LEVEL | ERIK | DIPLOMA | N/A | 2 | 1 | FULVIO | CHEF KITCHEN | N/A | 2 | 1 | ALESSANDRA | DIPLOMA HIGH SCHOOL | N/A | 2 | 1 | LUDOVICO | BUSINESS MANAGEMENT BACHELOR’S DEGREE | N/A | 2 | N/A | 4. JOB DESCRIPTION Description: We need at this stage a Accountant person in our team, who can assist the wedges process and all the account system Job Purpose: Provides financial information to management by researching and analyzing accounting data; preparing reports. Job Duties: * Prepares asset, liability, and capital account entries by compiling and analyzing account information. * Documents financial transactions by entering account information. * Recommends financial actions by analyzing accounting options. * Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports. * Substantiates...
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...Montana 24.201.502 ACCOUNTING AND AUDITING EXPERIENCE REQUIREMENTS (1) To be issued an initial permit to practice under 37-50-203, MCA, an applicant must provide evidence of acceptable accounting and auditing experience. (2) Accounting and auditing experience will be considered acceptable by the board if satisfactory evidence is presented of having performed accounting and auditing functions ordinarily required in the practice of public accounting, provided this experience: (a) be attested to by a holder of a permit to practice; and (b) takes place in the three years prior to the date of the application for permit to practice; and (c) includes at least 12 calendar months (2000 hours actual work experience) of private, governmental, academic, or public accounting work acceptable to the board. Washington The experience must: * Be obtained through the practice of public accounting and/or employment in industry or government. In certain situations employment in academia may also provide experience to obtain some or all of the competency requirements. It may also be obtained through one or more employers, with or without compensation, and may consist of a combination of full-time and part-time employment. * The employment experience should demonstrate that it occurred in a work environment and included tasks sufficient to have provided an opportunity to obtain the competencies and: * Total a minimum of 12-months (this time period does not need to be consecutive); ...
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...simulation, strategic plan, team activities, & annual report). Overall Team Questions 1. Our team’s overall goal for the upcoming Business Strategy Game (BSG) is… To maximize stockholders shares 2. Overall, our team will be satisfied at the conclusion of the BSG if… Boss footwear win the game/ learn 3. Overall, our team will be dissatisfied at the conclusion of the BSG if… we loss Team member #1 (Name): Nadege Pierre The most valuable skill I bring to the team that will help it succeed in the BSG is… Organizational skills and my ability to process information at a rapid pace, I am also a quick learner The most valuable skill that I hope at least one teammate brings to the BSG is… Good attitude My primary personal learning goal for the BSG is… to expand my knowledge about business and to see how strategy fits into business Team member #2 (Name): Lisandra Garcia The most valuable skill I bring to the team that will help it succeed in the BSG is… My management knowledge and experience The most valuable skill that I hope at least one teammate brings to...
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... 2 Richard Caturano, A true leader. 1. Introduction A. My paper is about a leader in the accounting field, Richard Caturano. This project discusses why he is successful through being a great leader. Richard Caturano is an executive managing partner at McGladrey, LLP, in Boston. Richard is a founder of Caturano and Company. Richard is chairman of the AICPA. B. I want to demonstrate why he is a great leader and show how he has become successful through his leadership skills. C. Main Ideas 1. Founded a successful accounting firm. 2. Chairman of the AICPA. 3. Recognized as the most influential person in accounting by Accounting today. 2. Accounting is my major. A. I chose this field because I have always liked numbers. I believe that an accountant is important a company’s financial success and I want to be a part of helping company’s excel. B. I expect to graduate in January of 2016. 3. Richard Caturano is the subject of my project. A. He is successful and highly recognized across the accounting world. COLL/148: LEADERSHIP OUTLINE 3 B. Richard created one of the most successful accounting firms in the world. He has been a great inspiration for aspiring accountants. 4. Characteristics of an effective leader. A. A few characteristics are being...
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...Accounting Career Exploration Assignment Step #1: Visit the Blackboard site for this class to access the career summaries that will provide you with an overview of the following segments of the accounting industry. Each summary will include sample job descriptions from Co-op employers who represent a particular industry segment. Keep in mind that these summaries represent broad areas of accounting, and the intent is for you to gain a high level overview of the different industry segments. 1. Public Accounting – Tax & Audit 2. Private/Corporate Accounting 3. Forensic Accounting 4. Fund Accounting 5. Internal Auditing 6. Tax & Wealth Management Step #2: Review the general description of four main skill categories (highlighted in yellow) used in business today as defined by Career Leader including the sub-skills that comprise each category. |Interpersonal Effectiveness: Good at working with, and through, other people. Understand people and how to motivate them. A good team member, as well as team | |leader. Engender others' trust. A skillful negotiator. | • Ability to Compromise: Able to compromise when the situation calls for it. • Ability to Teach: Clear and patient when explaining things; a good teacher. • Comfort with Differences: Comfortable and effective in relating to people from many different backgrounds...
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... All because of this patient's comment, I made the drastic change to drop pharmacy and switch career paths. I no longer wanted to make the same mistake and choose something I did not enjoy, like pharmacy. I wanted to explore something I have always been passionate about, which is numbers! While I found out the hard way about what I wanted to pursue in life, it was better for me to derive to this decision sooner than later. Later that year, I decided to get my feet wet by first taking an introduction to accounting course. It was so minimal and to explore even more, I took the subsequent course as well. After taking those courses, it utterly reinforced my decision to go into accounting. I enjoyed learning about the general ledger, financial statements and other accounting topics. I loved it. The verdict to pursue accounting was easy for me after I recognized my strong curiosity in this subject. Learning through textbooks was not sufficient, I also wanted to see how accounting was relevant and applied in reality. Luckily at my current employment...
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...Job Question * Tell me about yourself I was born in Jakarta and attended 54 Senior High School in science major. Ever since I was a teenager, I tinkered with Counting. It was my passion and my way of learning. By the time I graduated high school, I knew I wanted to study Accounting. I have thought whether do Science student can learn about Accounting which is did not relevant with Science but I have a motto “Everything is Possible”. I entered ABFII Perbanas in Accounting major in 2013. From that point on, I try to understand Accounting more than I understand my self. Now I am a bachelor of accounting has a one year working experience. And now I am looking to apply as accounting staff position to consolidate my skill and get more experience. * What are your greatest strenght? I consider adaptable ability as my greatest strenght. My ability to work with many different people. Besides that, my communication skills have help me when there is a problem in my team. * What are your weakness? I used to like to finish on one work project before starting on another. But recently, I implemented a time management system to work on many projects at the same time. And this is an improvement to myself to being multitasking, so my work more efficiency and allows me to be more creative. * How do you handle stressful situation and working under pressure? I will handle that situation by stay calm, didn’t rush on doing the tasks and keep focus on my job while working...
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...activities of the firm are preparing accounting, taxation, financial licensing management and company secretarial services. The firm is consist of four (4) fixed staffs and monitored by the owner of the firm, En. Ridzwan Bin Hj Abdullah. There is also an account manager, Pn. Yuraini Bt Yusoff. The company uses UBS system records and processes accounting transactions. UBS is one of the accounting software that being used in many corporations. Ridzwan & co have more than hundred clients. Most of their clients are from Kelantan consisted of corporate firms, ownership, and partnership. They are from various types of industry and some of the company’s account must be prepared in monthly basis and yearly basis. The firm also cooperates with Zulkepli & Co. Accounting and Secretarial Services. SUMMARY OF THE JOBS DONE ACCOUNTING The practical training is started on 3rd February 2014. At Ridzwan & Co, the practical students have been exposed more on accounting task. Basically, no due date is given for every task, but as to ensure the effectiveness and efficiency and also the productivity of the firm, we have to try our best to settle all the work with full effort and less error. After all the tasks given are finished then it will be checked by account manager or the supervisor, before it is submitted to the En. Ridzwan. On the first week I have assigned to sorting and filling the documents received from the client. I also learned what is UBS Accounting (User Business System ) and...
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...productivity. Step 2) Major Abilities Skills: * Effective communication skills; to be able to communicate with others actively. * Good Leadership skills; to be able to guide or direct others. * Diverse departmental skills in accounting and finance; to have various mathematical skills in order to manage banking work. * Negotiating and problem solving skills; to have the ability to handle situations and discuss things in your workplace. * Team management skills; to have a group of individuals working towards a common goal using different tools and processes. Step 3) Development Technique: * Effective communication skills: For developing communication skills, one needs to interact with others. Small group discussions technique will be very helpful. It allows participants to discuss and solve different situations by interacting with each other’s and exchanging knowledge. It is beneficial because it makes trainees more receptive to new information; on the other hand, group discussions consume time and can leave necessary information uncovered. • Good leadership skills: We have learnt that a manager can be taught to be a good manager but a leader has to have it in him to be a good leader, yet we still can develop his leadership skills by many techniques. The best method for developing leadership skills is to engage into situations and gain experiences. Role playing technique can develop leadership skills because it allows...
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