------------------------------------------------- Introduction Chartered Accountants of Canada‚ also known as CICA‚ is a non-profit organization for accounting professionals in Canada. CICA has developed GAAP (generally accepted accounting principles) for Canadian accounting‚ and publishes guidance and educational materials on a number of accounting-related topics. It is one of the founding members of the International Federation of Accountants (IFAC) and the Global Accounting Alliance (GAA). Parent location
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Task: How would you describe the roles of accountants and finance managers in your own country? You should give a preference and justification for the role you would prefer to have. You should also consider the ethical foundations for the accountant’s role. Your response to the task Accountants and finance managers both playing vital roles in any corporation. Accountants are practitioners of accounting which is a system that does the research of financial activities and collects‚ analyzes and
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Professional Accountants in the Modern era | Term Report | | | Submitted by:Komal BashirHumayun BabarSubmitted to:Prof Abdul Rahim SuriyaDate:6th January‚ 2010 | Sohail Wajahat‚ CEO Siemens Pakistan Limited‚ at a recently held award ceremony at ICAP said the role of a Professional accountant was similar to a doctor. “You know the financial problems and their solutions as doctors know the problems of a human body‚” Courtesy: the Financial Daily Professional accountant: A professional
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course: (ACT611) Managerial Accounting: Information for Decision Making To Mr. Donald Smalling By Dalton Richardson 20031288 January 13th 2013 Overview of Code of Ethics for Accounting Professionals Accountants come face-to-face with several ethical issues on a daily basis. Deciding whether a company’s business practices and the actions of the principals or directors are ethical can be very difficult‚ but holding ethical standards is a fundamental part
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Difference between Finance and Accountants Financial management and account management worked together for the best interest of a business. It is important to know the difference between an accountant and finance managers. The strategy of financial management is to give the business long term goals and specific objectives needed to reach these goals. The goals of are accountant management to maintain an accurate record of the business finance. Financial and Accountant manager enclose different roles
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Invaluable Service of Forensic Accountant Recently‚ during a regional seminar on forensic accounting‚ some of the accountants expressed their doubts about the role of Forensic Accountants in the assessment of the various types of insurance claims‚ and especially a business interruption claim. However‚ based on my experience‚ any dispute stemming from a business interruption claim is rare if good forensic accountants are involved. Their involvement at a very early stage of the claim has resulted
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WHY TO BECOME A CHARTERED ACCOUNTANT Early or late‚ everyone has to start his vocational life. Its an important event of life because then after an entirely new world starts – THE WORLD OF WORK. Many courses are available for simple and common vocations which do not require any special skill. Anyone can do them. But …………. TO BE DIFFERENT IS TO BE RENOWNED……… So if one really wants to do something challenging and diversified‚ then Chartered Accountancy is the most dignified profession. A MISCONCEPTION
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Recommendation Brief for an Internal Accountant Recommendation Brief for an Internal Accountant A client has an out-of-control system that is in need of change to get it back into control. Internal controls are an important part of a company. The role of internal controls is to keep mistakes from occurring as much as possible. It also aids in preventing individuals from being dishonest. The system the client is using is out-of-control‚ and it is highly recommended that the company
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role of an accountant has changed over time. Discuss the role of the accountant in modern business. I. Introduction A. Background B. Why is it important? C. Thesis statement: This essay will argue that the role of an accountant has dramatically changed over time because of three main reasons‚ focussing on the improvement of technology‚ the expansion of knowledge and the complexities of business. II. Body A. Descriptive questions ( the basic information of accountants) 1. What
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Certified Public Accountant As a Public Accountant you must have strong knowledge in accounting or at least work with the firm. Strong leadership and critical thinking‚ decision making is one of the responsibilities as an accountant. The word Public Accountant is to serve with the government and knowledge about Law’s making accurate financial statements; balance sheet‚ income statement‚ statements of cash flow including auditing‚ reporting‚ posting and balancing. An Accountant must be a positive
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