- Description
- Specifications
This paper reviews the work process that a professional accounting firm, actively involved as Chief Financial Officer of a small/medium enterprise client, could adopt to prepare accurate financial accounts on a monthly or quarterly basis.
The paper could be utilised for training purposes for team members who have been concentrating on the preparation of financial accounts for compliance reasons who now need some retraining to develop their "Chief Financial Officer's" skills.
The paper is presented covering:
- Chief Financial Officer's Role
- Use of Forms to Deliver Excellence
- Preparing Financial Accounts
- Accounting Terminology
- Ratio Analysis
- Trading And Profit & Loss Accounts
- Balance Sheet
- Statement Of Source And Application Of Funds
- Trading And Profit & Loss Ratio Analysis
- Balance Sheet Ratio Analysis
- Work In Progress
- Stock Control
- Stock Management
- Sundry Debtors
- Sundry Creditors
- Bank Account
- Bank Reconciliation Statements
- Working Capital Control
- Loans
- Hire Purchase Agreements
- Leases
- Provision For Sick And Holiday Pay
- Provision For Long Service Leave
- GST Control Accounts - Reconciliation With Business Activity Statement
- Workpapers