...regulations are more complicated, and borrowing and investing tactics that were never heard before are now popular. The accounting profession in Canada is under severe pressure from both national and international sources to re-orient itself to meet the changing requirements of the communities it serves. As a result, Chartered Accountants (CAs) are in greater demand than ever. CAs are engaged in all areas of professional accounting and enjoy rough equal public accountancy rights throughout Canada, helping individuals and businesses sort through the maze and plan strategies for a successful future. The financial information that professional accountants provide is the lifeblood of business and society. Because its impact is far reaching, the accounting profession opens huge career possibilities. The in-depth business skills you develop as a CA prepare you for most positions in management and provide access to the top jobs in business. The purpose of this report is to help me find a career as a CA in Canada with all vital information about the current status of CA career, its potential in coming years, where to pursue study in CA, where to search for jobs as a CA, experience to be successful in this career through different sources such as books, website, forum, blog, journal and newsletter. THE STRUCTURE OF PROFESSIONAL ACCOUNTING IN CANADA Canada, like many other countries, has more than one national professional accounting organization: The Canadian Institute of Charted Accountants...
Words: 1867 - Pages: 8
...MGEC61 – International Economics: Finance Introduction International finance is a study of problems and policies of an open economy. International finance studies the issues like unemployment, savings, trade imbalances, money and price levels (include exchange rates). Organization of the course 1) Introduction – chapter 13 2) Interest rate parity (how exchange rate is determined by the flows of capital) and exchange rate overshooting – chapters 14 & 15 3) Purchasing power parity and the exchange rate in the long run (how exchange rate is determined by the flows of goods and the determinants of exchange rate in the long run) – chapter 16 4) The DD-AA model (the model that explains how exchange rate and output are determined in general equilibrium setting) – chapters 17 &18 Flexible exchange rate – chapter 17 Fixed exchange rate – chapter 18 5) International macroeconomic policy – chapters 19 & 21 Arguments for and against flexible exchange rates – chapter 19 Interdependence of macroeconomic policies – chapter 19 Arguments for and against common currency – chapter 21 MGEC61 – Chapter 13 © Iris Au 1 Chapter 13: National Income Accounting and the Balance of Payments The National Income Identity for an Open Economy The national income identity for an open economy is: Output (Y) = C + I + G + (EX – IM) A country’s current account (CA) balance shows the difference between exports of goods and services and imports of goods and services (including...
Words: 1017 - Pages: 5
...the period 1998 – 2003. The regression results show that high investment in inventories and receivables is associated with lower profitability. The key variables used in the analysis are inventories days, accounts receivables days, accounts payable days and cash conversion cycle. A strong significant relationship between working capital management and profitability has been found in previous empirical work. An analysis of the liquidity, profitability and operational efficiency of the five industries shows significant changes and how best practices in the paper industry have contributed to performance. The findings also reveal an increasing trend in the short-term component of working capital financing. Field of Research: Accounting and Finance 1. Introduction A firm is required to maintain a balance between liquidity and profitability while conducting its day to day operations. Liquidity is a precondition to ensure that firms are able to meet its short-term obligations and its...
Words: 6926 - Pages: 28
...Maximum permissible bank finance - Tandon Committee. As per the recommendations of Tandon Committee, the Corporates should be discouraged from accumulating too much of stocks of current assets and should move towards very lean inventories and receivable levels. The committee even suggested the maximum levels of Raw Material, Stock-in-process and Finished Goods which a corporate operating in an industry should be allowed to accumulate These levels were termed as inventory and receivable norms. Depending on the size of credit required, the funding of these current assets (working capital needs) of the Corporate could be met by one of the following methods: • First Method of Lending: Banks can work out the working capital gap, i.e. total current assets less current liabilities other than bank borrowings (called Maximum Permissible Bank Finance or MPBF) and finance a maximum of 75 per cent of the gap; the balance to come out of long-term funds, i.e., owned funds and term borrowings. This approach was considered suitable only for very small borrowers i.e. where the requirements of credit were less than Rs.10 lacs • Second Method of Lending: Under this method, it was thought that the borrower should provide for a minimum of 25% of total current assets out of long-term funds i.e., owned funds plus term borrowings. A certain level of credit for purchases and other current liabilities will be available to fund the build-up of current assets and the bank will provide the balance...
Words: 617 - Pages: 3
...Assignment on ACT-201 Role of “ICAB” and “ICMAB” in Accounting Development of Bangladesh Submitted for: Netai Kumar Saha Lecturer Dept. of B.B.A East West University Submitted by: Md. Saim Ur Rahman Id: 2013-1-10-130 ACT-201 Sec-04 Submission Date: 29th March, 2015 Plot No-A/2, Main Road, JahuruIslam City Aftabnagar, Dhaka-1212, Bangladesh. ICAB The Institute of Chartered Accountants of Bangladesh (ICAB) is the national professional accountancy body in Bangladesh. It is the sole organization in Bangladesh with the right to award the Chartered Accountant designation. It has around 1,400 members. The Institute of Chartered Accountants of Bangladesh (ICAB) is the National Professional Accounting Body of Bangladesh established under the Bangladesh Chartered Accountants Order 1973 (Presidential Order No. 2 of 1973). Top of Form Bottom of Form Establishment: The Institute of Chartered Accountants of Bangladesh (ICAB) is the National Professional Accounting Body of Bangladesh established under the Bangladesh Chartered Accountants Order 1973 (Presidential Order No. 2 of 1973). ICAB's Administrative Ministry: The Ministry of Commerce, Government of the People's Republic of Bangladesh is the administrative Ministry of ICAB. ICAB's Vision: To meet the ever-changing global economic demands dominated by WTO regime, the ICAB is fast becoming a body of professionals whose expert services will be highly sought after- - To anticipate, meet and exceed the rising...
Words: 3461 - Pages: 14
...Acceptance for Studies (CAS). Student Name: Hor Tsun Kit Student ID: HORTC1303 Date of Birth: 21-07-1994 1. Have you ever studied previously in the UK? Yes No If yes, please list below any previous study (regardless of the level i.e. English language courses) undertaken in the UK. Please indicate if any courses shared a CAS and/or visa. We will also require copies of all visas held during those periods of study. Institution | Course studied | Level e.g. Degree, foundation etc | Start date | End date | Did you complete the course Y/N? | Type of Visa held | CATS COLLEGE | ENGLOSH LANGUAGE | | JAN 2013 | JUN 2013 | Y | VISITOR | HIC | ENGLISH LANGUAGE | | SEP 1013 | DEC 2013 | Y | VISITOR | HIC HIC | FOUNDATION OF ACCOUNTING FIRST YEAR OF ACCOUNTING AND FINANCE | FOUNDATION DEGREE | JAN 2014 SEP 2014 JAN 2015 | MAY 2014 DEC 2014 AUG 2015 | N Y N | TIER 4 TIER4 TIER4 | 2. Have you ever had a visa refusal for entry to the UK? Yes No If ‘Yes’, please state the category of visa which was refused and the reason(s) for the refusal: __________________________________________________________________________________________________ __________________________________________________________________________________________________ Student Declaration:I understand that providing false or misleading information can result in the withdrawal of any CAS issued. I also...
Words: 322 - Pages: 2
... | |22832869 | | | |Full name: | |Dengyao Huang | | | |We are delighted you have chosen to firmly accept the offer of a place to study with us at the University | |of Reading on the MSc in International Business and Finance (full-time) at Henley Business School. | |Short survey | |We are interested to learn more of what appeals to you about the University of Reading and your chosen | |course. We would be grateful if you could please spare us 5 minutes to complete a short survey | |atwww.reading.ac.uk/ad-firmAcceptSurvey.aspx to help us better understand how you reached your decision. | |(You can choose to provide your responses anonymously.) | |DEPOSIT REQUIRED: To secure...
Words: 341 - Pages: 2
...5 ICAB's Mission Statement 6 ICAB's Aims and Objectives 6 Methodology 7 Affiliation 8 Methodology of ICAB 8 various methods of ICAB in trade, commerce, industry, Finance, etc.: 9 Literature review: 10 ICAB's publications: 10 functions of Charterd accountants engaged in public practises: 11 The role of ICAB 12 Conclusion: 16 References 17 ABSTRACT To meet the ever-changing global economic demands dominated by WTO regime, the ICAB is fast becoming a body of professionals whose have ability. The main research objective is to determine "the development of financial accounting and the role of ICAB". Their literature review describes the main viewpoints in the literature, strategies of various viewpoints and so on. The development of accounting not very easy project or analysis subject in accounting policy. So many companies are trying to do their best to develop their accounting in finance. Which prompt us to formulate some hypotheses; this methodology helps us to see the development of financial accounting as a spot shoot. This methodology also enables us to explain the academic value of our research on this topic; and enable us to define the method and technique of financial accounting. The Institute of Chartered Accountants of Bangladesh (ICAB) has been constantly pursuing that noble duty in the CA professionals. ICAB is the sole apex body responsible for regulating the profession of accountants and the matters connected therewith in Bangladesh established under the...
Words: 4634 - Pages: 19
...(Submitted for the degree of B.com Honours in Accounting & Finance under CalcuttaUniversity) ON WORKING CAPITAL MANAGEMENT SUBMITTED BY Name of the Candidate: Registration No. : Roll No. : 0498 Name of the College: Bhawanipur Education Society College Name of University: Calcutta University Submitted on: February 2013 SUPERVISED BY Name of the Supervisor: Name of the College: Annexure- I Supervisor's Certificate This is to certify that Ms. a student of B.Com. Honours in Accounting & Finance ofBHAWANIPUR EDUCATION SOCIETY COLLEGE under the University of Calcutta has worked under mysupervision and guidance for her Project Work and prepared a Project Report with the title “WORKING CAPITAL MANAGEMENT ” which she is submitting, is her genuine and original work to the best of my knowledge. Place: Kolkata Prof. Date: February, 2013 . Annexure- II Student's Declaration I hereby declare that the Project Work with the title “WORKING CAPITAL MANAGEMENT”submitted by me for the partial fulfilment of the degree of B.Com. Honours in Accounting & Finance under the University of Calcutta is my original work and has not been submitted earlier to any other University /Institution for the fulfilment of the requirement for any course of study. I also declare that no chapter of this manuscript in whole...
Words: 2773 - Pages: 12
...CHAPTER 1 INTRODUCTION BACKGROUND OF THE STUDY: This report has been prepared for the partial fulfillment of the degree of the bachelor in business administration (BBA) for the specialization courses of the banking and finance. According to the design pattern of this program, students need to complete internship for the period of eight weeks. The base of this study is to review the procedures and requirement of all departments of the organization and also to analyze their strengths, weakness inherent in the working system along with the possible solutions to track down the effects of the problems. This internship program, which the BBA students undertake, targets to provide the practical exposure, to train and prepare students for managerial functions, to develop work culture within them, to uplift their interpersonal and communication skill encouraging them to interact with the people in organization. This internship program has helped us to assess ourselves in terms of demand of a profession, and to gain work experience and develop relations with potential employers. The program stimulated creative and critical thinking and helped in developing interpersonal communication skills. It has proved handful in attaining the personal, academic and professional goals that formed the basis of expectations from this program. The students should also submit report based on the work performed during those eight week’s activities performed in the bank for the fulfillment of the...
Words: 2523 - Pages: 11
...Bare Bones Revision Guide AQA A2 Business Studies Unit 4 The Business Environment & Managing Change y y lic po ar e h th ow gr ar et on m y ion lic o yp t ec ot tive pr pec t s st n o em ti un xa idy ta ubs s c e l se w s po ket ies ar eg e m at g str ad y c s tr gin te er ra oli ver ersment n of emorpo m l p o rg ploy xatio ts ke e cl er ers n m lder p yme u ns keho plo a co n io t fla in g lin r e ng hao a ke c eed c a m fis t objectives t fr d men aims an ic environnment m econo enviro ment social nviron ange h legal e e em un ta of c causes ship leader g and proc hange g for c ess entin implem ing change s manag decision plannin rship exch st rates intere tives objecg markets in g emerg tion inflaange rates cto phic fa nemp subsid taxa hea u n envirot l M e ade s on na a n gi ra demog al dec politic ow ons er su n c C change i nfl subunemployateion men si m nt t re gula dy tio p an h envir social u lea ence ns d s fisc ersh al p i olic p y ge leade e cultur nt onme leg al inte stra rnal c teg au infl ic decisio ses enviro n missio tec al envir ecisio nt ra hno onm ns logi ent po cal or c strategi es influenc ent nm han...
Words: 27143 - Pages: 109
...Study Guide 1. Strategy integrated/coordinated commitment and actions to exploit competencies gain a CAand –resources of ca and CA, choices are driven by external/internal sources, capabilities, core competencies. competitive advantage it creates superior value for customers sth others unable to imitate or find costly to imitate , and above-average returns –what investors expect from others as well given similar risks Strategic competiveness: is achieved when a firm successfully a value creating strategy. 2. Drivers of the competitive landscape changing, blurring boundaries, financial capital are more scarce and mrkt increasing volatile eco measure return over capital , managerial mind-set, ad spend. Most important, global economy and tech changing Highpercompetition: increasing aggressive econ moves and instable assumption of market replaces stable notion 3. The I/O perspective external (opportunity/threaten) (SASAS) study external especially industry, locate attractive industry, strategu formation, develop skills, implement strategy) and the resource-based view (study internal, capabilities, potentials in terms of ca, attractive, strategy)(internal, strength/weakness) (each company is a collection of unique resources-input,employees,patents,finances,managers and capabilities-capacity for resources to perform a task in intergrated manner, unique-> above avg returns) Io Is assumed: external highly constrain and pressure to create above avg...
Words: 790 - Pages: 4
...SYDNEY VANESSA TISDALE 1481 Avila Court Hayward, CA 94544 Cell: (510) 677-0264 OBJECTIVES AND QUALIFICATIONS_________________________________________________________ I am responsible, conscientious, learn very quickly, and have extensive experience working as an Account Executive, working with the public, working with computers, opening and closing a store, and taking on increasing levels of responsibility. I am hard working, trustworthy and enthusiastic, and my previous employers have regarded me as a capable and versatile employee whom they could always count on to take on constantly expanding levels of responsibility. I enjoy the challenges and opportunities for growth that these extra responsibilities have given me. EXPERIENCE_______________________________________________________________ March, 2006 – December 2006 Connell Nissan, KIA, JEEP and Chrysler #2820 Broadway Autorow Oakland, CA Sales Specialist/ Head of Internet Sales • While employed with Connell Nissan, I was exposed to an entirely new field of responsibilities with my vast array of responsibility ranging to be a sales consultant. I’ve seen an abundance of growth in myself. Starting the job with no sales experience, I quickly established myself as an exceptional asset, but the growth didn’t stop there. I’ve continued to strive and perform for my dealership, becoming the best salesperson in...
Words: 575 - Pages: 3
...Access Blocking at Ghent University Hospital Case study Reference no 609-007-1 This case was written by Professor Dr Paul Gemmel and Lieven De Raedt, Vlerick Leuven Gent Management School. It is intended to be used as the basis for class discussion rather than to illustrate either effective or ineffective handling of a management situation. The case was made possible by the co-operation of an organisation that wishes to remain anonymous. © 2009, Vlerick Leuven Gent Management School. No part of this publication may be copied, stored, transmitted, reproduced or distributed in any form or medium whatsoever without the permission of the copyright owner. ecch the case for learning Distributed by ecch, UK and USA www.ecch.com All rights reserved Printed in UK and USA North America t +1 781 239 5884 f +1 781 239 5885 e ecchusa@ecch.com Rest of the world t +44 (0)1234 750903 f +44 (0)1234 751125 e ecch@ecch.com 609-007-1 CASE STUDY VLGMS-0903-C Access blocking at Ghent University Hospital Prof. dr. Paul Gemmel and Lieven De Raedt One sunny morning at the end of September 2006, Dr. Paul De Meester, professor of healthcare management at Ghent University, was invited for a meeting with the CEO and the Chief of Medicine of Ghent University Hospital. Professor Van Dijk, the CEO, and Professor De Clercq, the Chief of Medicine, were concerned about conflicts between the hospital’s emergency department (ED) and some of the internal nursing...
Words: 4165 - Pages: 17
...objectives of the article as well. Identify and define the important concepts focused on by the author. Are the definitions clear, in your opinion? The topic of the journal article is about conditions of Complex Adaptive Systems such as context and emergence influencing the firm product innovativeness. Based on the article, Complex Adaptive Systems (CAS) Theory, the agents in the system are all the components of that system and these agents interact and connect with each other in unpredictable and unplanned ways. But from these interactions, regularities emerge and start to form a pattern which feeds back on the system and informs the interactions of the agents. A period of change occurs in all the parts of the system until a new balance is established. The major objective of the article was to show the relevance of Complex Adaptive Systems theory in the New Product Development (NPD) which have rarely been addressed for the product innovativeness of the firm. On the other hand, the minor objective was to examine the role of Complex Adaptive Systems. Akgun et al. (2014) also investigated the influence of emergence and context of CAS in innovation of products. They also defined...
Words: 2198 - Pages: 9
