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Q. Responsibility of Senior accountant?
As a senior accountant Tracy will be accountable for the day-to-day management of several audit engagements during the year. She will plan the audits oversee the performance of direct year-end field work and interim audit testing. She will as well perform much of the final wrap-up work, such like preparing checklists and writing the management letter and reviewing or drafting the financial statements. Throughout this process Tracy will expend a substantial amount of time instructing and supervising staff accountants.
The two most critical skills essential at the senior level are (a) the ability to organize and control an audit and (b) the ability to teach staff accountants how to audit.
Q. What are Bad debts? Bad debts -- amounts owed to a company which aren't going to be paid. An accountreceivable becomes a bad debt when it's recognized that it won't be paid.
please explain cycle of accounting
What if the public holiday falls on a rest day? how to pay and which one is?
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help with journalizing payroll transactions and filling on the cash payments journal, may 15, paid cash for april's payroll tax liability. withheld taxes from april payrolls; emp
Webster, Inc. began operations at the start of the present year, having a production target of 60,000 units. Real production totalled 60,000 units, and the company sold 95% of its
Q. Illustrate about accounting cycle? The accounting cycle is a series of points performed during the accounting period some throughout the period and some at the end to reco
Example of net realizable value? To exemplify a necessary write-down in the cost of inventory presume that an automobile dealer has a demonstrator on hand. The dealer obtained
what are the basic theory of accounting
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