We investigated the different industries in business and the different skills associated with these industries. We decided to research accounting, finance, marketing, and business management. Each group member conducted an interview with an employee who had experience in the specific industry. We explored a variety of concepts particular to each industry, ranging from different careers in the industry to some of the pros and cons of industry. Our main goal was to communicate how certain industries
The economic crisis is one of the most important and common problems we deal with today. It started around the middle of 2008 when the economy had a downturn affecting the stock market and financial institutions. Economist believed it was the worst depression or recession ever in history. But what is an economic crisis? It is when the economy of a country goes through a hard time experiencing damages in the stock market, causing people to spend more than they make based on credit. Studies show, one
fearing that management accountants would increasingly be seen as superfluous in business organizations, subsequently devoted considerable resources to the development of a more innovative skills set for management accountants. The distinction between ‘traditional’ and ‘innovative’ management accounting practices can be illustrated by reference to cost control techniques. Cost accounting is a central method in management accounting, and traditionally, management accountants’ principal technique was
This is because of the different emphasis: management accounting information is used within an organization, typically for decision-making. According to the Chartered Institute of Management Accountants (CIMA), Management Accounting is "the process of identification, measurement, accumulation, analysis, preparation, interpretation and communication of information
MAKTAB RENDAH SAINS MARA KEPALA BATAS PULAU PINANG FOLIO KERJAYA: ACCOUNTANT NAME : MUHAMMAD SYAZWAN BIN MAHADI IC NO. : 950513-07-5091 CLASS : 505 COLLEGE NO. : 08071 GURU :MRS. HASLINA BINTI ABDUL AZIZ No. | Title | Page | 1. | INTRODUCTION | 3-4 | 2. | W - Work Condition | 5 | 3. | I - Implications For Lifestyle. | 6 | 4. | N - Nature Of Work | 7 | 5. | N - Need By Society And Community | 8 | 6. | E - Entry, Training And Prospects | 9-14
the advances in different sectors and the techniques to control the level of bad loan and advances in banking sectors. In the era of globalization the entire banking sector and financial institution is facing lot of problem. These problems include severe competitions, advanced technology, modern management methods etc. Hence the strength and weakness can be studied by comparative analysis in the entire banking system. The researcher has tried to analyse the gaps in sector on banking advances issues
executives the tools to better understand their data. Decisions are no longer based on theory, but on data analysis leveraged by using algorithms. These algorithms allow organizations to understand trends and patterns based on historical events. Accountants have been stereotyped for many years as being anti-social, individuals who only deal with numbers. This stereotype could not be farther from the truth in today’s business environment. The ability to understand the underlying strategy, the systems
WHY TO BECOME A CHARTERED ACCOUNTANT Early or late, everyone has to start his vocational life. Its an important event of life because then after an entirely new world starts – THE WORLD OF WORK. Many courses are available for simple and common vocations which do not require any special skill. Anyone can do them. But …………. TO BE DIFFERENT IS TO BE RENOWNED……… So if one really wants to do something challenging and diversified, then Chartered Accountancy is the most dignified profession. A MISCONCEPTION
decision of where I will attend college next year quickly approached, I decided to investigate the major I have chosen, Accounting. Because my goal is to become a Certified Public Accountant (CPA), I would like to know more of what it entails. Dealing with numbers, and recording and projecting the earnings of a company, accountants are placed with the responsibility of keeping track of the moneys of a business. God has blessed me with skills in the areas of mathematics and organization, which caused me
to the firm’s accountant. For example, information can be provided in a timely and more accurate manner, but at the price of confidentiality. Some of the impacts of technology are neither