Answer the questions below around. The answer must relate to real life accounting detail job description.
Answer the questions below around. The answer must relate to real life accounting detail job description. What you actually have done in a company according to each question.
• For example: Provide support for other special projects on an ad hoc basis, as required, including corporate and strategic planning initiatives and/or other project development activities . Prepare internal financial reports for various cost metric analysis, ratio analysis, as well as other Key Performance Indicators to support operational decision making
Business Environment
1 Locate and/or compile relevant general economic data.
Identify the purpose and intended audience of the business plan.
2 Identify economic and geo-political issues and their potential impact on business strategies.
Recognize early warning signs that indicate shifts in the financial environment, and how these can impact the organization and/or department.
3 Describe the current situation in regard to critical factors in the industry.
Identify new business procedures that enable the organization and/or department to adapt to changed business conditions.
4,Report whether the company is complying with legal regulations.
Describe unique aspects of the legal and regulatory environment in which the organization/industry operates.
5 Review continuity plans periodically to ensure that arrangements are current.
Identify key threats to the continuity of the business.
6 Relate current organizational and/or departmental structure to the business’ needs.
Describe the use of teams in performance management.
7 Assemble information from system users and decision makers to assist in designing management accounting system.
Propose changes to proposed management accounting system design based on analysis of the system and information needs.
8 Analyze disappointing performance results and propose changes to turn around or improve results.
Prepare an implementation plan based on recommended changes.
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