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Q. Explain about Staff accountant?
Let us travel with Tracy as she begins her career at the staff level. At the onset, she works directly under a senior accountant on each of her audits and is responsible for completing audits and administrative tasks assigned to her. Her duties comprise documenting work papers interacting with client accounting staff or clerical tasks and discussing questions that arise with her senior. Tracy will work on dissimilar audit engagements during her first year and learn the firm's audit approach. She will be introduced to a variety of industries and accounting systems. The two most significant traits to be demonstrated at the staff level are a positive attitude and the ability to learn quickly while adapting to unfamiliar situations.
briefly explain the accounting concepts which guide the accountant at the recording stage
2 deprecation on equipment is calculated at 10% per annum on cost price new equipment for R400 was purchased on 1 December 2012 and has been recorded
Q. Define about Assets and Liabilities? Assets are feasible future economic benefits obtained or controlled by a particular entity as a result of past events or transactions.
The capital accounts of Hawk and Martin have balances of $160,000 and $140,000, respectively, on January 1, 2010, the beginning of the current fiscal year. On April 10, Hawk inve
Consistency Concept In practice, there are some manners to record an event or a transaction in the books of account. For illustration, the trade discount on raw material purch
What are the elements of accounting assets Assets are items with money value which are owned by a business. Some instance are: cash, accounts receivable (selling services or g
Q. What is Marginal cost and marginal revenue? Marginal cost is the extra cost incurred by addingone more item. Marginal revenue is revenue from selling one more item. Economic
Based on the financial statements for Jackson Enterprises (income statement, statement of owner's equity, and balance sheet) shown below, prepare the following financial ratios.
what are welfare payments or consumer subsidies
Q. Share-based payment transactions? The fair value accounting standard SFAS 157 applies to monetary assets of all publicly-traded companies in the US as of 2007 Nov. 15. It as
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