What are the reasons to become an accountant
What are the reasons to become an accountant?
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Accountancy offers a respected professional qualification that can lead on to a wide range of opportunities in production. Accountancy is now a fast changing profession, so they are seeking for individuals with initiative who can deal with change.
Most of the income of the well-built accountancy firms nowadays comes from consultancy and related services rather than from audit. In audit you will spend most of the time visiting clients and asking questions, so good interpersonal skills are essential.
Briefly describe the sinking fund method of calculating depreciation?
Elucidate the value of stock trading? Also compare the trading volume to the bulge bracket firms?
Who make decisions on the denomination of shares in the public issue by a company?
Briefly explain the general purpose of statement of comprehensive income. As well, explain briefly the terms expenses and income as stated by the Conceptual Framework for the Financial Reporting (IASB, 2010).
Give a brief introduction of the term Revenue Expenditure?
On December 31, 20x1, the Juniper Company purchase a group of four assets for a total cost of $850,000. An independent appraiser assesses the fair value of each asset as follows: Asset Fair Value Land $100,000 Building 600,000 Equipment 250,000 Fixtures 150,000 Prepare the jour
Write down the consequence of depreciation of assets on profits received by owners?
Write down the major characteristics of financial accounting?
Give a brief introduction of the term ‘Accounting Period Concept’?
Give a brief introduction of the term Capital Expenditure?
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