Overview A CA (Chartered Accountant) is a professional accountant who has earned the CA title through training and practical experience obtained from the CICA (Canadian Institute of Chartered Accountants). The institute, which has over 66,000 members, conducts research into current business issues and sets accounting and auditing standards for all types of businesses. A CA is a complete professional in the field of Accountancy - informed in the subjects of Accountancy, Auditing, Business Management
the job that I chose is a “Chartered Accountant”. The job of a chartered accountant is to provide accounting and business advice to companies and individuals. Chartered accountant may also provide information to clients on tax planning, personal financial planning, corporate finance, and information technology (Job Description). The major skills required for a chartered accountant are communications skills, computer skills, and listening skills. A chartered accountant needs communication skills,
professional accountant? It seems that it is just a grammatical difference however the distinction is quite substantial. A professional accountant is an accountant with a designation recognized by the province in which he or she practices. Until recently, these designations were Certified General Accountants, Certified Management Accountants and Chartered Accountants. The three designations have merged across Canada to form a unified designation called Chartered Professional Accountants (CPA). There
International Manager and would be helpful to analyse myself as an International Manager. In order to consider myself as an International Manager, it will be useful to cite the experiences I had when I was working as an article assistant in a Chartered Accountant firm as well as my tenure with an Event’s
by using the Career Explorer program, it helped me find some careers that may suit me. By asking me various questions about interests and what I am good at doing, it was able to generate a couple results. Three stood out to me and they were chartered accountant, environmental specialist, and secondary teacher. Then I also choose to research my dream career which is the job of a dentist. The other results revolved around the subject of math and I think this is due to the fact that I do enjoy math,
the economies. Through this I have become fascinated with the process dictating these changes within companies, as well as the flow of capital influencing our society. Accounting would assist to achieve my future ambition to become a professional accountant, seeing as it’s a rewarding occupation that provides a stable long career. Initially this commitment started from always wanting to create something new such as my own company that would be ideal for many individuals. Despite the fact this desire
1.1 BACKGROUND OF STUDY Study loan is crucial for all students that they earn in order to spend it on things they want. Without study loan, it will be a burden for students to pay their tuition. The allowance that given, it help students to study with minimum financial worries. For MARA student, they will apply MARA loan as their allowance. Diploma and degree student will get different amount of allowance. Based on the above, mostly KPTM student will apply MARA as their allowance. For KPTM Kuala
PART 1 PROJECT OBJECTIVES AND OVERALL RESEARCH APPROACH (1064 Words) 1.1 Introduction I have selected topic-8 which is “An analysis and evaluation of the business and financial performance of an organization over a three year period” for my research and analysis project. The organization chosen here is a pharmaceutical company named “Beximco Pharmaceuticals Ltd.”(BPL) and decided to conduct a business and financial analysis between the periods from 01 January 2010 to 31 December
What do accountants do? Well, an accountant is a practitioner of accounting or accountancy, which is the measurement, disclosure or provision of assurance about financial information that helps managers, investors, tax authorities and others make decisions about allocating resources (Bureau of Labor Statistics, 2014). In many jurisdictions, professional accounting bodies maintain standards of practice and evaluations for professionals. Accountants who have demonstrated competency through their professional
accumulated wealth, there was a desire by the rich to perform audits on the honesty and skill of slaves and employees entrusted with asset management. But the lack of the above-listed antecedent to double entry bookkeeping made the job of an ancient accountant extraordinarily difficult. In societies where nearly all were illiterate, writing materials costly, numeration difficult and money systems inconsistent, a transaction had to be extremely important to justify keeping an accounting record. Accounting
the financial statements as a whole to reduce, to an appropriately low level the probability that the aggregate of uncorrected and undetected misstatements exceeds materiality for the financial statements as a whole” (Canadian Institue of Chartered Accountants 2012a). We might also consider out textbooks definition “The magnitude of an omission or misstatement, in the light of surrounding circumstances, makes it probable that the judgment of a reasonable person relying on the information would have
Institute of Management Accountants Ethics Management accounting is very important for all types of organizations. Managerial accounting information is gathered and used to help managers make decisions regarding the operations of the organizations. Management accountants are in charge of executing different tasks to ensure the company 's financial security. For that reason, management accountants need to maintain an ethical and moral way of working in order to perform their jobs successfully.
The profession of accountancy has become the important pillar in the organizations and helping the business community of the world to sustain value and growth. Accountants are working in wide variety of roles and across all sectors of the economy; therefore the success of this profession is very important for the efficient working of the capital markets and economy. However, this profession is in continued pressure for performing their services competently as well as ethically. Therefore the accounting
of the Western civilization, developing even before the ancient accountants could note the mathematical entries. Beginning in Mesopotamia around 3500 B.C, and developing throughout the 14th century in Europe, accounting has become one of the largest advancements in the Western world. This long standing form of collaborating financial data has evolutionalized the way we approach business in the 21st century. While today's accountants are involved in the analysis of financial data and the auditing
As an accounting and finance student, with an ambition to qualify as a chartered accountant in the future, I feel it is appropriate for me to analyse the ethical issues faced by the Accounting Profession. The Accounting Profession is one which has come under a lot of scrutiny in recent years, as scandals such as Enron and Anglo emerged. A series of unethical decisions led to the closure of one of the ‘big five’ accounting firms when the Enron scandal came to light. In Ireland today Ernst and Young
Ruth Dianne Hines, born 1951 is an Australian Accounting academic based in the School of Economic and financial studies at Macquarie University from 1978-1994. The Conceptual Frameworks are ‘a strategic maneuver for providing legitimacy to standard-setting boards during periods of competition or threatened government intervention,’ Hines raised this argument in her 1989 journal ‘Financial Accounting Knowledge, Conceptual Framework Project and the Social Construction of the Accounting Profession’
Designing a Computer Based System for an Accountant Ashok Lakhani and Sarjit Desai run a business consultancy firm. They do simple accounts like payroll, tax, national insurance, VAT returns and Tax rebates. They use a manual paper based system to keep records of their accounts. They use a pen, paper and calculator to analyse their accounts. I recommend that they use a few stand-alone computers to make their accounting easier and quicker. (b) Types of processing activity o Calculatingcould
waste. Accounts also carefully evaluate financial performance and investigate financial investments such as stacks, bonds, and real estate. Communication Skills Accountants need excellent communication skills. They may interact with a variety of people ranging from managers and directors to members of the accounting staff. Accountants must be able to clearly converse or correspond to ask questions and discuss issues or discrepancies. In addition, they offer advice and make recommendations regarding
there are different options available to accountants. There are some logical facts to choose one specific method. On choosing one specific method, accountants will maximize their own benefit first, and then company benefit, shareholder benefit and at last social benefits. A specific method will allow accountants to feel better to do their work as they like them the way they know and they way they are best at doing (Jayne Godfrey). For instance, accountant will write accumulated depreciation on asset
It is highly essential for accountants and business professionals to maintain a standard of ethical conduct in the workplace as the nature of their work places them in position of trust. (Senarante, 2011). Accountants have the responsibility to ensure that their duties are performed in accordance with the five fundamental principles set out in the Code of Professional Ethics