Chartered Accountant

success of a business. It is what synthesizes and reports financial data of the business to assist in making strong decisions for its future to potentially improve its financial state. To become an accountant, an individual needs to have certain attributes and interests to succeed and advance in their career. Mr. Gupta elaborates on how an extroverted personality and strong communication skills are essential. They are used every day within the office but also with clients. An individual needs to have very polished social skills and confidence…

To maintain a standard of professional competence, she must act responsibly by exercising thorough judgement before preparing a tax return. According to Section 130.3 of APESB, Li must behave competently in a professional environment, by maintaining a through application of revenant “technical, professional and business developments” (APESB, 2010, p.19). Statement 130.6 requires Joe to be attentive of the limitations of her service in regards to the misleading statement withdrawing $500 each…

technological advances have altered the nature of the accounting processes. There are now available accounting softwares that accountants could use. In addition, these softwares are now being made available into the “cloud” such as the Quickbooks online, Freshbooks, Xero, and Wave. In the Philippines, many firms have also adapted to using softwares especially the large and/or public accountable entities. However, there are still small, medium sized entities that is not using any softwares.…

The theory of accounting has been around for thousands of years. Accounting, also known as the language of business, is an information science used to collect, classify, and manipulate financial data for organizations and individuals, which has changed a lot throughout time. This field was established in 1494 by Luca Pacioli, an Italian mathematician. Throughout all these changes that have occurred since 1494, technology has become a major part in an accountant’s job. The advancement of…

The reason for this is because if the university does not meet the requirements of the accounting bodies, then students upon graduation will not be eligible for the CA/CPA programs that will ultimately get them accredited. The technological context that I have grown in has been one of constant change and development. As with many other professions, technological advancements have changed the nature of work that accountants do, with many of the data input processes that needed to be performed…

manager a year sooner than average and now he is beginning to “think like a partner.” When considering what attributes a partner should have, Jack broke it into three general groups: technical skills, practice skills, and behavioral skills. Jack also began to develop a plan to become an effective business developer. He immersed himself into the construction industry and even did some formal research. His work paid off with two new clients in the first year. By the end of the chapter, Jack had…

279 - 280; Hinks, 2013; Taylor, 2016). Accounting Regulation: There are differences between the Japanese accounting profession and its counterparts in Anglo-American countries, including. • Ministry of Finance plays a major role in developing financial reporting standards in Japan and the influence of the Japanese Institute of Certified Professional Accountants (JICPA) in this respect has been minor compared to in Anglo-American countries. • Due to German influence in Japan’s accounting…

An accountant plays an increasingly important role when it audits and reports different financial aspects about a company, which includes but not limits to a company’s balance sheet, cash flows, and incomes. The final accounting statements, which will be sent to the clients and sometimes to other stakeholders, will give not only clients but also outsiders a general overview of a company’s financial situation. Investors and cooperators who observe a company merely through its financial reports…

On June 8th, 2015, I started my job at Merrill Lynch. When working men and women think about their career, they would think that two and a half years is just a hiccup. To me though, it has been my entire working career. A career, it is hard to think that I already have a career at 21 years old. I truly believe that Merrill Lynch will be my home for a very long time. I work with very successful people on a daily basis at Merrill Lynch. I have been able to perform well enough over the past two…

responsibility accounting, performance measurement, direction, motivation and incentives. Thus, it can be seen that MAS is one of the components that comprising MCS. Any changes in the environment must be responded by change in MCS. After investigating and evaluating HD thoroughly, it can be determined that HD does not have an effective MCS and MAS. The main issues that occur in the current MCS and MAS will be illustrated as follows. In term of accountability structure, HD does not have any…