Question 1
What is accrual accounting and how does it differ from cash accounting? Discuss in 80 to 100 words.
Question 2
What is a bank statement and how does it assist in identifying discrepancies? Discuss in 80 to 100 words.
Question 3
How can you identify a delinquent account and what should you do when one is identified? Discuss in 120 to 150 words.
Question 4
What are the consequences to you, personally, of non-compliance with legislative or regulatory guidelines? Discuss in 80 to 100 words.
Question 5
Discuss in 150 to 180 words the place of ethical principles, behaviours and codes in the financial services industry.
Question 6
What is the role of policy and procedures in relation to reconciling and monitoring financial accounts? Discuss in 80 to 100 words.
Question 7
How can you name and store files in a professional environment? Discuss in 80 to 100 words.
Question 8
Conduct research into the use of spreadsheet applications in reconciling and monitoring financial accounts. Discuss your findings in 150 to 180 words.