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Q. Responsibility of Senior accountant?
As a senior accountant Tracy will be accountable for the day-to-day management of several audit engagements during the year. She will plan the audits oversee the performance of direct year-end field work and interim audit testing. She will as well perform much of the final wrap-up work, such like preparing checklists and writing the management letter and reviewing or drafting the financial statements. Throughout this process Tracy will expend a substantial amount of time instructing and supervising staff accountants.
The two most critical skills essential at the senior level are (a) the ability to organize and control an audit and (b) the ability to teach staff accountants how to audit.
Explain about the Management accounting Management accounting has also changed by becoming more outward looking in its focus. In past, information provided to managers has bee
Investigate the principles, standards and conventions of accounting by: assessing the need for financial information, its purpose and limitations analysing the role
INCOME SUMMARY ACCOUNT This is a temporary account which used to summarize the balances of temporary revenue and expense accounts. This is also known as a clearing account. The
The analysis focused primarily on the role, structure and funding arrangements for the International Accounting Standards Board (IASB), an entity that has been responsible for majo
Income Statements and Balance Sheets Case study A brief outline of the firm and its industry is given, as well as a few tips for your attention. You are given three years
The book of Deven Verma could not be tallied. The account transferred the difference of Rs. 1.270 in the suspense account on the debit side. the following mistakes were found later
Declared semiannual dividends of $1.20 on 75,000 shares of preferred stock and $0.08 on the 600,000 shares of $20 par common stock to stockholders of record on March 31, payable
What is the relationship of accounting and biology?
Q. Explain about Accountants record expenditures? Accountants record expenditures on physical resources such like buildings, land and equipment that benefit future periods as a
Assume in Balance sheet Furniture is given @ rs.1200000. and an adjustment tells that half of the building is used for residential purpose... then what is treatment in accounts?
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