User Account

All Pages

Discuss three key fundamental principles affecting you

Assignment Help Financial Accounting
Reference no: EM132978164

Question - You are a trainee accountant in your second year of training within a small practice. A more senior trainee has been on sick leave, and you are due to go on study leave. You have been told by your manager that, before you go on leave, you must complete some complicated reconciliation work. The deadline suggested appears unrealistic, given the complexity of the work. You feel that you are not sufficiently experienced to complete the work alone. You would need additional supervision to complete it to the required standard, and your manager appears unable to offer the necessary support. If you try to complete the work within the proposed timeframe but fail to meet the expected quality, you could face repercussions on your return from study leave. You feel slightly intimidated by your manager, and also feel pressure to do what you can for the practice in these challenging times.

Required -

1. Discuss 3 key fundamental principles affecting you in this scenario.

2. Identify the relevant facts in the scenario and evaluate on the possible course of action that you will take.

Reference no: EM132978164

Questions Cloud

Describe nurse role and responsibility as health educator : What strategies, besides the use of learning styles, can a nurse educator consider when developing tailored individual care plans, or for educational programs?
What the net income attributable to equity holders : ABC's net income is P560,000 from its own operations. DEF had net income of P140,000. What the 2023 net income attributable to equity holders of ABC
Describe the seven secondary ovulation symptoms : What is Natural Family Planning (NFP)? Describe the 7 Secondary ovulation symptoms. Describe various protocols and methods available today.
What are some of the barriers that affect a patient ability : What are some of the barriers that affect a patient's ability to learn? How does a patient's readiness to learn, or readiness to change, affect learning outcome
Discuss three key fundamental principles affecting you : You are a trainee accountant in your second year of training within a small practice. Discuss three key fundamental principles affecting you
Distinction between assisting or substituting vital organs : Distinction between assisting or substituting vital organs. List the functional description of all the normal vital organs, including today's exceptions.
Prepare the general journal entries to record the payroll : Prepare the general journal entries to record the company's payroll and to summarize the checks to pay the weekly payroll
Determine a presumptive nursing diagnosis : What physical findings are looking for to help determine a presumptive nursing diagnosis? To conduct an assessment of health promotion while applying nursing
Why the stock exchange is not considered : Discuss why the Stock Exchange is not considered to be a financial intermediary. Explain the difference between Maximizing and Satisficing

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd