Reflecting on what's been learned about the content knowledge and competencies needed for the role of accounting and finance
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Q: Munabhai
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Q: Hansaben
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Reflecting on what's been learned about the content knowledge and competencies needed for the role of accounting and finance one aspires to play in that field, Brainstorming strategies for taking advantage of the knowledge and skills already had, acquiring the content knowledge one needs, and developing the skills need.
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- Discuss the importance of reflective approach to learning in the accounting & finance discipline, demonstrate the roles of feedback and feedforward to achieve success and inform and improve formative and summative assessed work now and for the future.THEORY PROBLEM Explain why accounting students should study Accounting Information Systems? Explain the Value Chain and also explain how Information Technology plays an important role in the Value Chain. Briefly describe the types of users of the SIA and what are the benefits of the output of the AIS for their work or profession? One of the characteristics of useful information is that it must be timelines and complete. Which is more important, timely but incomplete information, or complete information, but too late? Give an example! Briefly describe the purpose of internal control and provide an example of an internal control application for that purpose!Accounting educators are discussing ways to incorporate communication skills, both oral and written,into accounting information systems courses. Why do you think these skills are supposed to be crucial forproper execution of the System Development Life Cycle?
- Describe an accountant’s role Systems Development Life Cycle (SDLC)?Write a post providing us with the context for the resources of adopting innovative technologies that can lead to streamlined processes, real-time insights, and increased focus on strategic planning technological advancements in the accounting and finance profession have required finance professionals to adapt and expand their skill sets. Those who can adapt can support business growth and discover better career opportunities selected by identifying the field of study of accounting and finance and specifying an associated profession if relevant.Explain in two separate sections how this could be applied to the criteria of validity checklist to determine the validity of each resource.Determine whether the following items are objectives in the following areas: Financial, Internal Process, Customer, or Learning and GrowthNumber of counters that customers need to go to complete their transactions *a. Financialb. Customerc. Internal Processd. Learning and growth
- Discuss how your organization might evaluate potential investment opportunities to ensure that decisions reflect the needs of the business and its financial strategy.Using a case study and with relevant examples, examine financial management function and demonstrate the essence of sound financial management to supply chain/Procurement managers.Critically evaluate the role of accounting in informing decision- making to meet organizational, stakeholder and societal needs within complex operating environments.
- In your opinion, what kind of course is management accounting? Explain this thoroughly.Using a case company of your choice and with relevant examples, examine its financial management function and demonstrate the essence of sound financial management to supply chain/procurement managers.Assess the objectives of financial management and the role of different stakeholders in the financial strategy of your organization.