The measures to improve professional competence Name:王艺梦 Class‚Major:Class 2‚Accounting Student ID:280604210 The measures to improve professional competence Abstract:Professional competence is one of the fundamental principles of the Code of Ethics for Professional Accountants.However‚more and more firms accept engagements without enough competent professional skills‚which turns out that‚there are so much problems they can ’t figure out or deal with‚at last‚they have to take the legal liabilities
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Writeup – Citibank: Performance Evaluation Question 1) Which of James McGaran’s performance measures are objective‚ and which are subjective? Evaluate the pros and cons of objective and subjective measures in a performance evaluation and reward system. Objective performance measures are those which are directly quantifiable and are not subject to the beliefs and interpretations of the observer. Subjective measures on the other hand require interpretation and judgment‚ and while numerical scores can indirectly
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The magnitude of NPAs have a direct impact on banks profitability as legally they are not allowed to book income on such accounts and at the same time banks are forced to make provision on such assets as per the RBI guidelines. The Indian Banking sector is facing a serious situation in view of the Mounting NPAs which are the tune of Rs.56‚000 crores in March 2002.NPAs is an important parameter in the analysis of financial performance of banks. The reduction of NPAs is necessary to improve profitability
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The opening of the first movement in Keeping Score: Berlioz starts very slowly‚ then becomes very volatile. After some long and stormy developments‚ the ending alludes back to the opening. The second movement becomes an elegant waltz‚ which completely contrasts the first movement. The ending of the second movement sounds like a whirlwind before it comes to a brilliant close. The third movement is long. While these first three movements sound rather like a dream‚ the fourth movement sounds like a
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TEPO: FINANCIAL SYSTEM‚ MARKET AND MANAGEMENT-THE BASICS By: Rose Marie B. Laman‚ Vincent Patrick B. Laman & Emiliana P. Evia C.2008 GIC Enterprises Introduction According to Lloyd B. Thomas‚ today’s industrial nations employ fairly standard measures of money that include the volume of currency in circulation and the volume of deposits at any point in time. Inflation and Deflation Inflation – is a sustained increase in the price level of commodities It is an economic disorder‚ which is
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HOLMES & RAHE STRESS TEST2 To assess the stress in your personal life‚ examine each life event on this list. See if this has applied to you at some point in the last 12 months. If it did‚ write the corresponding number in the Tally Column. If the event occurred more than once‚ multiply the score by the number of events‚ i.e.‚ if you moved twice in the past year‚ then score 2 X 20 points = 40. Be as honest as possible‚ then total your points. Life Events|Score|Tally| Death of a spouse|100||
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The purpose of Rosenhan’s study was to determine if sanity could be distinguished from insanity. Rosenhan wanted to determine if the diagnoses of some sort of mental illness came from the patients themselves or did the environment produce the diagnoses. The prevailing thought at the time was that sanity and insanity are easily distinguishable. The psychological symptoms of patients could be simply categorized which supported the idea of such a belief. The goal of the study was to test the idea whether
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relationship between external equity in discussing pay versus benefits‚ and also to investigate the best compensation package (with special focus on external market competitiveness and internal equity) that will be of benefit to recruit and retain productive and motivated staff members. Key words: external equity‚ compensation‚ internal equity‚ motivation CHAPTER ONE 1.0 LITERATURE REVIEW 1.1 Equity Theory Basically‚ employees make
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Title: Importance of Internal Communications for a company and two case studies. Internal communications is considered a vital tool for connecting people within the company. It does not refer only to those few “official” channels of communication in a company‚ it is also the strategic management of information flows to ensure the optima level of employee engagement. (Civicus‚ 2001) This business context of communication is a dual listening process. It is a top-down‚ bottom-up‚ side-to-side
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Practices of Internally Assuring the Quality of Assessment 1.1 The internal verifier is at the heartof quality assurance in N/SVQ’s‚ both within the national framework and within the quality and management systems of each approved centre. The role‚ in terms of managing assessment so that it consistently meets national standards‚ is central to maintaining public confidence in each and every N/SVQ issued. Therefore internal verification is a key factor in managing ‘risk’ and ensuring that when
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