Essay on Skills and Learning Statement Acca - 1696 Words

Skills and Learning Statement Here, I will be discussing my experience, which I have gained while working on the project: âž ¢ Things learnt during the meetings with Project Mentor – Mr Raj My meetings with project mentor became a key success factor for my project. He showed me the direction from where I could start my project and reach to conclusion. Most of the meetings were held personally, which proved more effective than other sources of communication. I also managed to secure his personal contact number, which enabled me to contact him from time to time helping me solve my confusion relating to research. †¢ First meeting On our first meet I did not have a clear idea with what am I going to discuss with him. I was†¦show more content†¦While some best practices are only included in company’s internal documents such as internal audit reports, I did not have access for the same, which I believe was one of the drawbacks I faced while working on this project. What I got was external and past information of the companies and on those bases I did the assessment of their decision. But, I am sure that internal information may have been more helpful. I believe that the quality of RAP would have been much better, if only the data collection was successful i.e. if I could get precise information, e.g. I could not manage to secure data for overall airline industry i.e. the overall financial ratios, which could be used to compare with the chosen companies. Attempts were made to gather data through calling and e-mailing, BA and Iberia, but all in vain. Also initially, I didn’t take referencing concept seriously. But through out my research review by different people especially by my mentor I found out how important referencing of data was. Now, I understand the necessity of referencing, corresponding to data gathered. Finally, as per the information availability, the amount of research I believe was reasonably enough to cover whole aspect of the project. I constantly strived to get the best answers, making my project worthwhile. This was the best practice for my research to make it more objective than subjective.Show MoreRelatedPersonal Development Plan3142 Words   |  13 PagesIntroduction Leadership, a critical management skill, is the ability to motivate a group of people toward a common goal. These items will help you develop your skills as a leader. What is Personal Development Planning PDP is defined as: A structured and supported process undertaken by an individual to reflect upon their own learning, performance and/or achievement and to plan for their personal, educational and career development.( Section 28 Guidelines for HE Progress Files) ‘Development isRead MoreThe Sarbanes Oxley Act 20021499 Words   |  6 Pageswithin the last few decades, examples include Enron, Maxwell and TYCO. Enron were liable for irregular accounting procedures which fringed upon fraudulent behavior, conducting business with other companies which they owned and making their financial statements looking more presentable by excluding losses. The share price inevitably collapsed from over $90 to virtually nil, leading to bankruptcy. Another company, TYCO International, overstated their earnings, placing them in violation of the securitiesRead MoreAcca P3 Revision Notes5881 Words   |  24 PagesACCA P3 – PROFESSIONAL LEVEL Business Analysis SMART Notes Prepared by Darren Sparkes Email: darrensparkesnotes@sky.com ACCA P3 - Business analysis These notes are not intended to cover the whole of the ACCA P3 syllabus  ©Darren Sparkes, 2010 1 Contents Page no. Paper 3 Examiners Approach†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦.... 3 Extracts from the Examiners report †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦...4 Examination Technique†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦..†¦Ã¢â‚¬ ¦..7 Background and examination format..†¦............9 Syllabus Overview†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...........10 StrategicRead MoreSkills and Learning Statement2609 Words   |  11 Pagesthe presentation that you gave to your project mentor? (734 words) 2 2. Question 2: How well do you think that you have answered your research questions? (372 words) 5 3. Question 3: How have you demonstrated your interpersonal and communication skills during the project work (656words) 7 4. Question 4: How has undertaking the RAP helped you in your accountancy studies and/or current employment role? (478words) 10 5. List of reference 12 Question1: What did you learn from meetings with mentorRead MoreSkills and Learning Statement2595 Words   |  11 Pagesthe presentation that you gave to your project mentor? (734 words) 2 2. Question 2: How well do you think that you have answered your research questions? (372 words) 5 3. Question 3: How have you demonstrated your interpersonal and communication skills during the project work (656words) 7 4. Question 4: How has undertaking the RAP helped you in your accountancy studies and/or current employment role? (478words) 10 5. List of reference 12 Question1: What did you learn from meetings with mentorRead MoreObu Sls2017 Words   |  9 PagesSKILLS AND LEARNING STATEMENT 1.1 PREPARATION DONE BEFORE MEETING WITH MY MENTOR. I received an email from my regional ACCA office (ACCA GHANA) announcing that they were organizing a support program for those who qualified and were interested in completing the BSc in Applied Accounting from Oxford Brookes University. Interested students were asked to come and register at their office. I went to their office and registered myself and was informed of when i would have my first Meeting, theRead MoreRole Of Internal Audit On The Organization Outside The Finance Department1121 Words   |  5 Pagesclearly show stakeholders that they are managing the organization well. Different from external auditors, IA’s work within an organization and their work can vary depending on the business requirements. They do not only look at financial risks and statements but at a range of issues that are key to a company’s survival and prosperity. Issues such as how management treats employees, organization’s reputation and may have specific assignments such as fraud investigations. 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In both instances, the accountant must have strong math skills, as well as an education in accounting. Depending on the type of accounting being performed, certification by the state may be requiredRead MoreAssessment Process3455 Words   |  14 Pageswas taken from corporate governance documents (ACCA, 2008). Weight the Factors On the basis of job analysis, an interview assessment was compiled having a scale of one to five in both initial screening and face to face interviews. These basic factors are as following; Minimum and desirable levels of education Minimum and desirable experience Application of knowledge Overall knowledge and skills Breadth of management Human relations skills Customer/client interaction Thinking latitude