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Effective Exam Preparation Techniques

Chartered Accountancy examinations can be stressful as it consists of large syllabus and the difficulty levels of questions are set at the higher side by the examiner. This article will provide with useful tips on preparing oneself for exams.

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ISA 620: Using work of an expert by Auditor

The auditor may rely on the use of the work of an expert in circumstances where the expertize the auditor possess is not related to a specific matter of transaction recorded in financial statements and expert of that specific are is required like valuation of land and building; valuation of plant and machinery; valuation of jewelry...

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Internal Controls: a comprehensive overview

Internal controls are procedures, mechanisms and rules implemented in a company with an objective to prevent errors, fraud and pilferage to ensure that all transactions are properly recorded in the financial statements of the company...

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Transformation of work practices for accountants from conventional to digital in 2020

The auditor may rely on the use of the work of an expert in circumstances where the expertize the auditor possess is not related to a specific matter of transaction recorded in financial statements and expert of that specific are is required like valuation of land and building...

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SMEs report greater levels of stress and anxiety due to Covid-19

Despite businesses across in many countries in Europe are preparing to trade again but SMEs businesses are reporting significant concern over future finances. More than two thirds of businesses report that they will be unable to meet...

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Three Risks considered by Internal Auditor

An inherent risk is a type of audit risk that some errors, omissions and misstatements may not be identified by the internal auditors of the company. To identify these types of audit risks a clear audit plan, audit approach and audit strategy is required....

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Accounting Qualification and Career path

Educational requirements for an accounting professional depend on a number of factors including the specific nature of the job and the employing company. Plenty of entry-level staff accountants have only bachelor's degrees or Master degrees...

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