You are the senior accountant in a company and in charge of the accounts department. One of your junior staff is very good at book-keeping and you have identified her as a person with potential for promotion. You have therefore agreed to pay for her tuition on a financial accounting course. She has asked you what she will learn apart from book-keeping. Required: State briefly the purpose and contents of EITHER the International Accounting Standards Board’s “Framework for the Preparation and Presentation of Financial Statements” OR the Accounting Standards Board’s “Statement of Principles for Financial Reporting”.

you are working as a financial adviser either in your own business or as part of a larger organisation. You will be asked by your AFSL to produce a Financial Services Introduction Sheet tailored for a new staff member who is commencing work at your organisation in a financial support role but who has little understanding and/or knowledge of the industry. The Introduction has 3 sections. (a) Present a summary of the key economic and political factors (minimum 2) currently impacting or having the potential to impact on the financial services industry. You should include reference to (as a minimum): * interest rates exchange rates inflation government monetary and fiscal policies (b) Present a summary of financial advisory functions including: the role of the representative/adviser * participants in the advisory services market including those providing advice regarding: o Derivatives o Life Insurance o Securities o Managed Investments * roles played by intermediaries and issuers trustees…

find the websites for a list of companies and organizations related to accounting and finance. Once you have located the websites, your task is to conduct a brief analysis of their content, summarizing their key features and information. Association of Government Accountants National Association of State Auditors, Comptrollers, and Treasurers

Which of the following statements about accounting information is TRUE? Select answer from the options below Accounting communicates financial information about a business to both internal and external users. Accounting information is useful to external users such as the directors of a company. Accounting information is useful to internal users such as labour unions. Accounting communicates detailed financial information to the competition.