Sunday, May 10, 2020
Personal Statement The Financial Manager - 855 Words
Personal Statement It was when I received a task as the ââ¬Å"financial managerâ⬠of my siblings at the age of ten that I became interested in the power of money. As the eldest child of the family, I was put in charge of managing my siblingsââ¬â¢ monthly allowance, giving them the amount they need every week and save the rest for later. This act of my parents does not only taught me money managing, but also brought me enthusiasm towards monetary issues, making accounting my greatest passion since then. Over time it became clear to me that the people who understand the monetary and banking system are capable of understanding the decisions made by governments and the future of society. I want to be one of those people, and that strengthen my determination to pursue accountancy and finance in the future. I find it a blessing to be able to live in a diversified community like Malaysia, and being able to work together as a whole. Interaction with people from different cultural ba ckground and getting to know another culture first-hand had made teamwork with people from different cultural background easier. With the multicultural society in Australia together with the significant increase in the educational quality of Australian Universities for the past decades, it is confirmed that Australia is the best place to further my tertiary education. This decision is strengthened by my parentsââ¬â¢ support as in their opinion, studying abroad enhances the value of my degree and in the meantime,Show MoreRelatedVarious Types Of Occupational Fraud962 Words à |à 4 Pagesof occupational fraud (www.acfe.com). Occupational fraud is any scheme that involves employees taking cash, resources, or misapplies assets of the business for their personal gain (www.smartceo.com). Type I: Corruption Corruption is an intentional, dishonest act where an employee abuses their position in the company for personal gain (www.curtin.edu.au). It can take many forms. Bribery is a form of corruption. This is receiving or paying for illegal advantages. An example of bribery is a companyRead MoreMACC program1548 Words à |à 7 Pagescan accumulate evidences from different documents, statements and reports. Their reprehensibility is to provided reasonable assurance in entityââ¬â¢s daily operation. In this case, there are some materials has been founded in MCS. From my opinion, the internal audit could pay more attention on the managerââ¬â¢s internal control evaluation. The additional work can be started by evaluating all financial records to ensure the accuracy of the financial statements, and reviewing administrative control with the universityRead MoreEssay about Wk 1 Discussion813 Words à |à 4 Pagesdefines an agency problem as a ââ¬Å"conflict between the goals of a firmâ â¬â¢s owners and its managersâ⬠(Megginson Smart, 2009). It then defines agency costs as dollar costs that arise because of this conflict. In the corporate structure, stockholders are the owners of the firm, and they elect a board of directors to oversee the firm and help protect their investment. The board then hires the right corporate managers to run the firm with the goal of maximizing the wealth of the shareholders. In a vacuumRead MoreEarnings Management Essay1007 Words à |à 5 PagesIntroduction Financial statements provide useful information to a wide range of users. These users include shareholders, owners, investors, suppliers, managers, government and creditors etc. Many users rely on the information from financial statements to make decisions. Therefore, financial statements should be relevant, provide faithful representation, comparability, verifiability, timeliness and understandability. However, there are different evidences of managers manipulating the earningsRead MoreUnderstanding Financial Statement Fraud And Financial Statements1730 Words à |à 7 PagesUnderstanding Financial Statement Fraud Anna Gallagher American Public Universityââ¬Æ' Understanding Financial Statement Fraud Financial statement fraud is any intentional or grossly negligent violation of generally accounting principles (GAAP) that is undisclosed and materially effects any financial statement. Fraud can take many forms, including hiding both bad and god news. Research shows that financial statement fraud us relatively more likely to occur in companies with assets of less than $100 millionRead MoreThe Financial Status Of A Company1548 Words à |à 7 PagesThe financial status of a company is a high priority for internal personal such as managers and external personal such as stockholders. The reason being that by developing financial statements and ratio analysis it allows all users to see the current and future status of a companyââ¬â¢s financial state. Financial statements are beneficial, but have certain limitations that may cause issues, if unknown, when the company or individuals use them. This paper will discuss the benefits of ratio analysis andRead MoreMaster Of Science And Infor mation Management1015 Words à |à 5 PagesProject Management Natasha Bing BA599 Capstone Project Dr. Joni Scott Grantham University Week 1 August 02, 2016 ââ¬Æ' Table of Contents 1.0 Executive Summary 2 2.0 Company Overview 4 3.0 Project Charter 5 3.1 Mission Statement 5 3.2 Stakeholder Identification 5 3.3 Scope / Statement of Work (SOW) 7 3.4 Objective 3.5 Deliverables 4.0 Pricing 8 5.0 Market Analysis 10 6.0 Requirements Gathering and Analysis 11 7.0 Work Breakdown Structure (WBS) 12 8.0 Project Schedule 13 9.0 Change Management PolicyRead MoreReporting Practices and Ethics Paper996 Words à |à 4 PagesFinancial management is very crucial in todayââ¬â¢s health care financial procedures. It is one the most important aspects of the financial health care. There are many assessments made- based the financial records and the business transactions that occur within the health care organization. It is crucial the financial records are kept up- to -date and they follow specific guidelines. The books kept up- to- date and in order, this will show the amount of money being brought into the organization for profitRead MoreCooking the Books Essay1043 Words à |à 5 Pagesââ¬Å"Cooking the Booksâ⬠is to cover the business ethics of an accounting manager ordering one of his accountants to falsifying a companyââ¬â¢s accounting ledger. The Generally Accepted Accounting Principle of expense recognition was not followed. The accounting manager was attempting to commit fraud for personal ga in, he does this by manipulating the books to show higher revenue in order to meet the volume for management bonus. The accounting manager also created a hostile working environment by threating his accountantââ¬â¢sRead MorePersonal Strategic Plan For A Business Organization1282 Words à |à 6 PagesThe purpose of this paper would be a personal strategic plan for myself in which visualizes me as a business organization, or as You, Inc. Therefore, to create a personal strategy one must examine a mission statement, vision statement, and understand the environmental scan to identify external opportunities and threats; in which, an individual or organization gathers information about the market, society, its competitors, and oneself. A mission statement defines an individual purpose for achieving
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