Preview

Accounting Firm Report

Good Essays
Open Document
Open Document
495 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Accounting Firm Report
Part (a)

This accounting firm is named as Chapman and French, and its office is located on Suite B3, 2 Central Avenue, THORNLEIGH NSW 2120. There is an online website for researchers or clients, and the address is http://www.chapmanandfrench.com.au/. They are chartered accountants with 7 members, and they are people of 2 directors, a consultant, a financial planner, an accountant, an administration supporter, and a receptionist.

There were several explorations for the career or employment opportunities provided with this company, however, there was not any information on this website. Fortunately, there was the Contact service on the website, and was a chance to email them if they are providing any opportunity of internship or not. However, their reply was that there is no position available at present.

At Chapman and French, their aim is to offer the clients the best service with all of financial needs including accountancy, taxation, financial planning and business development.
In addition, they are able to assist clients from the working life to retirement such as assistance with investments, superannuation, risk insurance and also finance needs.
Not only the services on the list, the clients are able to ask for the requirements to have a discussion about any other services that are not listed on Chapman and French’s website.

From the investigation of Chapman and French’s website, it is highly informative and easy to navigate. Because the pages is connected to the lots of links which helps the clients to browse the page easily, and also that inform the clients what the correct understanding of the accounting term is and how Chapman and French is capable of helping them. For instance, if a client wants to know how Chapman and French could help him or her about the budgeting, and when he or she clicks the link, then there is little bit of information about the budgeting such as what a good budget is and why it is necessary. Also there is a suggestion

You May Also Find These Documents Helpful

  • Good Essays

    The Australian Securities and Investment Commission (ASIC) are known to register businesses and organisations in order to manage and investment schemes. In today’s society they also make rules to ensure there is honesty in the financial markets. These schemes and rules have come into place over the past fifteen years as customers were not feeling comfortable as well as experiencing non honest financial advisors in the past. There have been many circumstances where consultant firms and employees have been slack with the care of information and or guidance to their clients, especially those within the retirement age as they are less likely to understand the new financial trends or products leaving them to decide anything the advisor suggests. This issue results in a loss of customers as well as the want for reimbursement from the firms due to the experience. This being the reason customers lacked confidence in the financial advising business. However, this has changed as ASIC has come a long way in the past 15 years and has been able to get specific regulations approved by legislations resulting in better financial advice. ASIC released this September, a Future of Financial Advice (FOFA) paper that outlines improvements such as managing conflict on the remuneration ban and building there requirements. Due to ASIC realising that good customer feedback and sureness on the service needs to be managed and improved. The fundamental products ASIC focuses on is to make the relationship between the distribution and advice about products such as managing investments, superannuation, platforms and margin loans within a manner that is acceptable within the ASIC guidelines. Although this paper does suggest improvements, there are some areas which have not been improved and unethical…

    • 347 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    PERSONAL WEALTH MANAGEMENT ASSIGNMENT: SEMESTER 1 2013 DUE DATE: Week 9 (at lecture) TOPICS COVERED: 1-7 ASSIGNMENT IS WORTH 20 MARKS (Marked out of 100 and scaled to 20) ASSIGNMENT REQUIREMENTS You have been provided with a Client Data Form for Winston and Yvonne Kee. Winston and Yvonne have come to you for financial planning advice and have completed their personal financial details and provided information about their needs and objectives. You are to use the information in the Client Data Form to answer the assignment questions. This is a group assignment and you will be required to form a group in the first two classes. A group is 4 students. Each member of the group is to participate fully in the assignment and the group is required to submit a signed statement attesting to full participation and contribution by group members. Where the group believes a member has not contributed sufficiently to the work submitted, this should be documented. In this event, the member may receive a lower mark for the assignment than the other group members. Your assignment should be typed and securely bound. Start each question on a new page. Show your workings.…

    • 650 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    1. Who are the firm’s auditors? Do they provide a clean opinion on the financial statements?…

    • 1112 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Financial planning will become a more important part of financial advisors' value proposition as regulators in key financial markets draft legislation that requires financial advisors to act as fiduciaries with all clients, and wealth management firms seek to differentiate financial advisors' offerings from those of online brokerages. Emphasis on the client, the benefit…

    • 5146 Words
    • 21 Pages
    Good Essays
  • Good Essays

    To become familiar with policies and procedures to deliver to client and provide them with services…

    • 410 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    • To support clients with personal care as detailed in care plans developed by others ensuring they are treated with dignity and respect at all times…

    • 2433 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    Corporate Reporting

    • 1569 Words
    • 7 Pages

    I have read and understand the Rules relating to Awards (Rule 3.17) as contained in the University Handbook.…

    • 1569 Words
    • 7 Pages
    Satisfactory Essays
  • Better Essays

    Annotated Refrences

    • 476 Words
    • 2 Pages

    Offer an attractive, competitive, comprehensive benefits package with components such as life insurance, disability insurance and flexible hours.…

    • 476 Words
    • 2 Pages
    Better Essays
  • Good Essays

    I contribute to the development of the service and monitor client attendance. I provide information, advice and guidance to clients enquiring about courses/finance as well as advising enrolled clients about choices for progression routes…

    • 1073 Words
    • 5 Pages
    Good Essays
  • Good Essays

    This is especially important for all service agencies or service providers in this area. This is due to the fact that when referring a client to these agencies, there is a very good possibility to address all the needs of the customer and the probable risk of losing the customer.…

    • 189 Words
    • 1 Page
    Good Essays
  • Satisfactory Essays

    To understand the needs of clients using their services. To gain knowledge of a persons situation. To help the person be more comfortable.…

    • 519 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Decision Tree

    • 404 Words
    • 2 Pages

    * How does the organization provide continuity of care to clients? What additional services will be available or offered to clients once they become involved with this organization?…

    • 404 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Resume

    • 318 Words
    • 2 Pages

    Help current financial professionals set appointments with clients and briefly research these clients for them…

    • 318 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Client Paper

    • 1323 Words
    • 6 Pages

    meet the needs of every client; no one person can meet the needs of a client. We need…

    • 1323 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Best Financial Services Inc,

    • 3759 Words
    • 16 Pages

    IntroductionLinda Best, a Certified Financial Planner (CFP) from Sarnia, Canada is the founder and sole shareholder of Best Financial Services Inc. which was established on January 1, 2001. Sarnia, the largest city in South Ontario, bordered the United States and was heavily populated with aging baby boomers and blue-collar workers. Best Financial earned its revenues mainly from blue-collar workers nearing retirement. Best financial had formed strong relationships with many clients throughout Sarnia and managed over 1000 financial plans allowing a steady revenue and profit growth. The key services provided by Best Financial are risk management, tax preparation and professional money management. The company’s Assets under Management were $22 million on as January, 2008.Gerald Young, one of the top clients of Best Financial had informed Linda Best that he would be moving his assets to one of Best’s competitors, Scotia McLeod. The loss has forced Best to think about the future direction of her company. Best needs to complete an assessment of the industry and Best Financial’s past performance, followed by projected financial results of her new strategy. She must decide whether to hire a new advisor or purchase a block of business from another financial planner. Q1. Perform a size- up of the industry. Identify the threats or opportunities.Answer:Financial planning is one distinct segment among many within financial services industry. The aim of the financial planners is to assist people to maximize the potential of their financial assets. Financial planners evaluate a client’s goals, personal circumstances and risk tolerance to help them grow and preserve their wealth, minimize taxes , complete estate planning and determine insurance needs.The financial planning has a prescribed six step process for financial planning outlined by FPSC(Financial Planners Standard Council).The industry offers various products suited to different needs of the different customers. A variety…

    • 3759 Words
    • 16 Pages
    Powerful Essays