Development Plan - Accounting Office

B. An examination of financial statements and underlying records for conformance with generally accepted accounting principles (GAAP).

a) Providing a record of actual work performed, which provides assurance that the auditor accomplishes the planned objectives.

as their timely delivery of such information before they are needed to provide such VISs to ensure

Please think of a time when you were required to create value for a customer. Briefly describe the situation, the process you used to determine the client’s needs, and the actions you took to ensure that the client was satisfied.

The information found in financial statements outlines the financial activities of that company, and can help managers, creditors, and investors make many important decisions.

3) Goal setting- allow the client to set reasonable goals for his/or herself. Once the goal has been established, then we will discuss how important it

As a Learning and Development Practitioner, I am fully aware of the importance all customers have in any organisation and I need to meet their needs and deliver the promised level of service at all times.

This was designed to show accuracy of financial data and confidence because of adequate controls that safeguarded the financial data. End of year financial reports were also required to contain an assessment of the effectiveness of the internal controls. The issuer's auditing firm is required to attest to that assessment, after reviewing controls, policies, and procedures during a Section 404 audit, conducted along with a traditional financial audit (Thomas & Klutz, n.d.).

Managerial accounting underlines on future choices and it is not an obligatory practice. It gives data to the association's insiders in connection with performance assessment, inspiration, course and control. The opportuneness of report is a noteworthy prerequisite and accentuation are set on the significance of things in choice making (Needles, Powers and Crosson, 2010). Administrative bookkeeping gives a report on clients, items, workers and divisions. Also, it is not an absolute necessity for administrative bookkeeping to take the proper accounting rules.

• Conducted the audit for effectiveness and efficiency of daily accounting operations and solved complex technical accounting problems. • Audited, reviewed and managed documents and processes related to various programs and services for accounting accuracy. • Accomplished duties that were specific to accounting, budgeting, and disbursing for government funds, and prepared the end of the month the reconciliation statement. • Worked as a liaison between housing office, department of defense, and the finance office in a way by gathering and interpreting applicable data and deriving solutions day-to-day finance and accounting matters in accordance with accounting principles, policies, and objectives of the accounting system. • Utilized various researching tools and techniques to figure out current and potential problems. • Performed assignments requiring the application of fundamental principles, concepts, techniques, and guidelines in the area of accounting and account evaluation. • Prepared the month-end processing and closing entries including accruals, journal entries, account analysis and reconciliation of subsidiary accounts to the general ledger to meet the needs of management and customers. • Gathered, extracted, and consolidated financial information from forms and budget documents to prepare reports. • Performed a continuing review and analysis of records, reports, and customer comments to identify system and regulatory problems affecting accounting and financial operations. • Worked with different accounting methods, procedures, and techniques including knowledge of automated accounting systems used in operating, maintaining and modifying all classes of accounts in an accounting system. • Conducted the audit of military pay documents, contract documents, budget documents and travel documents on a monthly basis and found more than $10K mismanaged funds. • Designed, implemented, and assessed internal

My objective is to consistently provide our clients with the best service possible. I make myself available to clients both internal and external, and responses to requests are completed quickly and competently. When communicating with clients, I confidently assure them that their needs will be addressed immediately.

36) Which of the following objectives is considered the cornerstone of financial reporting by a governmental entity?

a) “to be able to retrieve information whenever it is needed. For example each organisation has to keep accurate records or information of their employees in order to be able to use this information for planning ahead (…)

During my time at Accounting Firm X I learned many lessons that apply not only to accounting and the principles and practices associated with that subject, but also to life as a professional in a real world work setting. The purpose of this essay is to highlight my experiences at Accounting Firm X to shed light upon key learning experiences that can contribute to a holistic educational experience. In this essay I will first describe my goals and expectations. Next, I will go in to detail about my daily routine and how these exercises contributed toward the overall experience. I will then explore the overall lessons learned from my time spent at the firm.

Accounting is the language of business. It is a profession that is being guided by principles, concepts, conventions, laws, etc. All these fundamental building blocks serve as common and general compasses to all practitioners of the profession. In some cases, they are nation-wide tailored, while in other cases, they are universally tailored. Accounting as a living, practical, dynamic and realistic profession covers so many areas of social, economic (business), and governmental activities. Surely, any endeavour that involves monetary and material activities create a room for the services of Accounting. Many of the human endeavours for which the accounting profession plays significant (some times inevitable) roles include; Banking, Insurance, Manufacturing, Farming Contracting, Oil and Gas, Mining, Transportation (Air, Land and Sea), Educational Institutions, Churches, Ministries, ICT, Hire Purchase, Local Government Authorities, Estate Businesses, Export and Import Businesses, Bill of Exchange Transactions, Royalties Transactions, Consignment Transactions, Stock Market Transactions, Sports, Entertainment, Hospitals and Hospitality Industry, etc.