Ultimi articoli a cura di Enrico Zappa
The cash flow statement
Exercise 1. For questions 1 to 10, read the text and decide which answer, A, B or C, best fits each gap. An example (0) has been done for you The Cash Flow Statement[1] The cash flow statement shows a (0) summary of the cash flows in and out of a company during a period,…
Continua a leggere...Running a firm of certified public accountants in the United States
Richard runs his own CPA (Certified Public Accountant) firm in the United States. He has been a CPA since 1985 and started his firm in 1989. His company emphasizes helping small and mid-sized companies to grow and establish themselves in the market. He has also helped start-ups with business plans, loan applications and venture capital…
Continua a leggere...Elements of Financial Statements
Five phrases have been removed from the text below. Choose the correct phrase for each space (1-5) from the phrases (A-G). There is one phrase that you will not need. 1.17 Elements of financial statements are the basic categories of items portrayed therein in order to meet the objective of financial statements. Two types of…
Continua a leggere...An auditors' report
We have audited the financial statements of XXX plc[1] for the period ended 31 August 2013 which comprise of the Consolidated Statement of Comprehensive Income, the Consolidated Statement of Financial Position, the Consolidated Statement of Changes in Equity, the Consolidated Statement of Cash Flows, the Parent Company Balance Sheet and the related notes. The financial…
Continua a leggere...Adopting a Consultative Approach
When meeting with clients, accountants should develop a consultative approach. This approach allows the accountant to explore the client’s concerns and develop solutions specific to each client’s needs. Taking an approach that focuses on a client’s best interests will enhance the relationship. Becoming more consultative may challenge accountants because it requires resisting the temptation…
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