pick any company from Pakistan assume your self as financial accountant, accounting information is very important list down the 7 users of financial accounting
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pick any company from Pakistan assume your self as financial accountant, accounting information is very important list down the 7 users of financial accounting
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- case: IFRS Reporting Visit the International Financial Reporting Standards (IFRS) Foundation and the International Accounting Standards Board (IASB) website at www.ifrs.org. Under the IFRS tab, click on “Use around the world,” or “Who uses IFRS” and complete the instructions below. Instruction: 1. Select a country of your choice and prepare a report summarizing the extent to which full IFRS and IFRS for Small and Medium-Size Enterprises (SMEs) are used in that jurisdiction.Terminal Activity "People Behind Financial Management" Career in Financial Management 1. 2. 3. 4. Having learned about the stakeholders in financial management, you may now complete the TABLE below by looking around you and finding out what are the different careers available to those who study and specialize in financial management. 5. Roles ResponsibilitiesWrite 3 SMART goals on how you will be evaluated on your work as an Accounting Associate
- Fact Finding of requirements on Financial advisory service registration in AustraliaAssuming after graduation you would like to work as a financial adviser. Go to the website ofAustralian Securities and Investment Commission, do a fact finding and present an analysisof financial advisor registration to identify whether you are qualified and what steps shouldbe taken to be a financial adviser in Australia. The following questions should be addressed:(1) What is the ASIC’s Financial advisers register?(2) Who should be on the Register, who are not on the Register and who updates theregister?(3) What information should be on the Register?(4) What are the relevant financial products for a financial advisor?(5) What are the professional standards applied for a financial advisor.Short Answer Essay Question: DAS • Understanding Fundamentals of Personal Finance • Career Planning • Financial Statements, Tools, and Budgets • Managing Income Taxes • Managing Checking & Savings Accounts • Building & Maintaining Good Credit • Credit Cards & Consumer Loans • Vehicles & Other Major Purchases What are three key things you have learned from any of the areas above, that you have adopted in your own personal financial management practices?Accounting and Finance Discuss the different types of business organizations functioning in Pakistan. Each should be supportive by the example from daily market. Explain the difference between profit and nonprofit organizations with THREE examples from daily life? Further, do interview with the entrepreneur of any THREE types of business organization ask the reason about the motivation for the start of entity.
- What have you learnt in a course relating to financial accounting? How you can contribute the Financial Accounting Department of a company if you are recruited?You as an accountant of Al Ghalbi company. In your company the are some trainees who have just graduated and have joined for OJT in your company. You are the supervisor for these trainees. Which is an important aspect of developing any theoretical structure? a. Hope of business b. Basic elements/terms c. Rules of business d. Economics of businessWrite job titles listed under each of the four branches of accounting where you may find them working. Be able to write at least five per column Government Accounting Commerce and Industry Education or Academe (EA) Public Accounting (PA) or Independent Auditing 1 1 1 1 2 2 2 2 3 3 3 3 4 4 4 4 5 5 5 5 JOB TITLES: financial accountantprofessormanagement accountantbudget officerresearcher/book authorbank examinerchief accountantcomptrollerchief financial officertax consultanttax examinerdean of accountancybookkeeperinstructorcost accountantinternal auditorcpa reviewermanaging partnercustoms examinerjunior audit staff