A Jack of all trades is important to the quick demands on many businesses but Jack is a master of none. Although it may seem better to have a broad knowledge of many things, having a specialization can have its benefits, including helping in your decision-making. Career-wise, specialization does not mean that you do not have plenty of knowledge but it does require you to be an expert in at least one area. This gives you more job prospects and greater chances of getting noticed by recruiters. Strategic management programs are gaining popularity as employees become empowered to make strategic decisions, as they can one day become leaders of the company.
Realizing the potential for this area, Centennial College created a graduate certificate program in one of the popular areas in business: Accounting. The Strategic Management – Accounting (2844) program is based in accounting principles but with managerial leadership in mind. The School of Business deploys one of the best professors to teach the courses, contributing examples from their personal experiences to add much interest and value for students. The benefits of enrolling in this one-year program are described below:
Accounting graduates from universities and colleges can specialize in this program and increase their chances in getting hired as well as expanding their job prospects.
Students undergo an intensive training with theory, case studies, simulations and technical skills sought out by employers in the industry.
Upon graduation, learners can find employment in various industries in addition to financial institutions, including public administration, government offices, manufacturing industries, and public accounting firms.
As financial managers, graduates can become entrepreneurs and establish their own accounting firm.
Students canstart working on theirCGA Designation by moving up to level four of the requirements by the Certified General Accountants Association of Canada.
Students advance in their education, while progressing with their industry designation — a win-win situation where students spend their time resources wisely. Strategic management in accounting involves more than balancing books. The program teaches the following managerial perspectives:
A broader and more in-depth look into budgets, with lessons on capital budgeting, profitability analysis, and strategic accounting decision-making process
To define objectives and plan strategies for a multiplatform businesses by studying the five phases of strategy-making and strategy-executing process
Calculation and preparation of consolidated financial statements for non for profit and government organizations
Control the audit plan and audit program in accordance with the Generally Accepted Auditing Standards
Learn how to make decisions and apply actions in an ethical manner and in compliance with industry standards
Centennial College students will graduate with a positive outlook on their career in accounting. They are more prepared than ever to enter the workplace with strong knowledge of day-to-day operations and strategic view of the accounting function of a business. The Strategic Management – Accounting program also offers an articulated program for some graduates who want to pursue a degree with Centennial’s university partner.
If you are searching for a forensic accounting company, chances are that you are under too much pressure to deal with bookkeeping, file taxes, or investigate fraud, amongst other matters. Locating a reputable forensic accounting agency on the internet helps save some time to let you give attention to some other crucial aspects of your business.
Tip #1 – Evaluate If You’ll Need A Forensic Accountant
Forensic accountants can certainly be beneficial when it comes to gathering data that may be utilized in court in order to settle a dispute or assert a claim. Disagreements may occur between investors and partners, amongst doctors and their patients, as with medical malpractice; and also amongst spouses when identifying property in a divorce case. Business interruption as well as other kinds of insurance claims can be considered, as may professional negligence, employee fraud, and identity theft claims. If you or your company is involved in any of these issues, it is best to engage the services of an experienced forensic accountant that can assist with lawsuit support or investigation.
Tip #2 – Reduce Costs Through Outsourcing
Outsourcing your forensic accounting services needs will save you revenue and relieve the stress on your internal accounting staff. Forensic accountants are generally experienced when it comes to untangling bookkeeping errors and freeing up your employees to move forth with current accounting responsibilities to prevent additional blunders from happening. Sometimes, your accounting employees might not possess the experience to address your emergency situation. By way of example, in an employee discrimination suit, a forensic accounting professional has complex tools which will allow him to perform a complete, in-depth market analysis of pay rates that most in-house accountants are not able to access.
Tip #3 – Seek Out the Most Qualified Accountant
By far the most famous fictional detective, Sherlock Holmes, was an accountant. Many forensic accountants not only possess accounting diplomas, but are even CPAs (Certified Public Accountants) and/or CFEs (Certified Fraud Examiners. When exploring forensic accountants on the web, ensure that they have trained staff of which have these esignations, or perhaps that they are partnered with folks that are able to offer these types of skills.
Tip #4 – Start Earlier
If you have confirmed that the company requires the expertise of a forensic accountant, it is wise to employ one as soon as you notice you need assistance. The fact is, quite a few future business owners consult with a forensic accountant before purchasing a business to investigate the company seller’s assertions and make sense of the data given. Additional organizations hire forensic accounting professionals on an annual basis in order to spot-check books for fraud or theft. However you choose to proceed, the earlier a forensic accountant can gain access to the suspect information, the more quickly and painlessly the problem will be solved.
STFB Accounting provides full feature for online accounting, but the greatest challenge for the online accounting system will be the security. Online user always concerned about their how secure is the financial data when anyone with the password will be able to access such information, without any needs for special program, that’s the beauty of STFB accounting.
Fortunately with proper coding in ASP.Net, security is tighter and less concerns as a problem for online user, they can enjoy the flexibility and the power of Internet to access their financial data anywhere, any time! However, online user should always be alert to online fraud, phishing email and telephone calls. Hacker will be able to steal the user password by deploy backdoor keylogger or spyware into their computer.
To avoid such a threat, there are 2 options.
Option #1 – Implement second level of security.
Implement the hardware based password generator or special access card with a mapping table, user can follow online instruction to access the mapping table and find the second password to enter into the system. Without the physical hardware or access mapping table, the hacker will not be able to steal the information.
Option #2 – Use alternative Windows software.
User can consider switching from web accounting to the online Windows based accounting system such as Cynics Windows Accounting. Cynics Windows Accounting allows user with the Internet connection to remote access their data anywhere anytime, but require a special client program to login, the hacker will not be able to access without the Windows client program, this add better security against web based accounting.
There are no doubt STFB Accounting is more convenient, but at the security stand point, Cynics Accounting seems to be more secure. Although both come with source code, and the developer can implement secondary security with no problem, however, the fact still remain that web based accounting is more vulnerable!
Depending on your company environment, if web access is not a requirement, it will be wise to always use the windows based accounting system over web based accounting. Unless the company strategy relied heavily on the success of web based ERP system, then developer should use STFB Accounting and add secondary security to the system.
(C) Copyright 2008 CYNICS SOFTWARE – Feel free to reprint this article in its entirety as long as all links and author resources box in place.
Business speakers possess the ability to stimulate their audience by sharing thoughts for improvement, an enhanced vision and stimulation to complete a common aim. Some firms require aid to build increasing enthusiasm for duties in their staff and they find expert business speakers beneficial for that purpose. Many of such speakers are proficient in a certain topic of commerce and are able to speak well on that. Subjects e.g. productivity of working team, technical progress and production can be easily covered by them. Truly expert business speakers have been skilled in holding the attention of the addressees throughout the talk. They offer thoughts to the listeners in an explicable style and therefore listeners are held by their speech.
Sometimes executives and other employees are not able to determine whether to invite a business speaker on a specific happening or not. Yet, appointing such a speaker is useful quite a lot. Functions e.g. training, seminars, employee workshops and product or service launch is an ideal moment to call a business speaker. If the lecturers are expert in new advancements in technology, or modern business techniques, she or he can make the talk more informative and the employees are impacted with the address. The lecturers can divulge their personal experiences and make the talk more interesting.
During establishment transfer too, business speakers are very of help. During the takeovers of business, the workforce faces tension at every stage. If the lecturer possesses good employee management skills, and is completely informed with human resource areas, s/he can build trust in their minds and eliminate their anxiety. If the business speaker is humorous, the stress is reduced and the workforce can be qualified and counseled about dealings.
Business speakers can also effectively motivate college or university pupils on functions conducted there. During graduation functions such a lecture is extremely advantageous for the pupils to determine what to do further. If your business is called on a university or college function, you have the option to invite a business speaker and make your event distinguished. The lecture may give you a grand break to get future employees for your company.
Truly speaking a business speaker can be invited on any program of the company. While calling the lecturer on a particular program, consider what results you long for from the address and evaluate whether you acquired the desired effect or not. Take into consideration also the cost of the orator. A bureau can help you by pointing towards only dependable speakers. They also assist in introducing and booking such lecturers. Think upon if the cost of hiring such a presenter is helpful to your establishment or not, and if it is, invite a lecturer who is the most proficient. Another use of employing a bureau for inviting an efficient business speaker is you can stay away from hiring inexperienced orators.
Every organization faces failures and confusing conditions at some or the other step. So also, every organization has at least some number of employees who are dejected by these kinds of situations. It is utmost necessary to identify their mentality and give them the apt direction, by keeping their outlook cheerful all the time. A business speaker is of a lot of help for accomplishing this purpose.
Business speakers not only possess know-how of commerce, but also of human psychology and so you will certainly experience a tremendous enhancement in your staff, if you conduct the address of Business speakers.
What is the difference between ERP and accounting software
Accounting package handles only individual business functions of accounts whereas Enterprise Resource Planning (ERP) (http://www.eresourceerp.com/difference-between-ERP-and-accounting-software.html) package handles the entire range of business functions of an organization.
ERP system is a fully integrated business management system covering functional areas of an enterprise like Finance, Human Resources, Production, Sales and Logistics etc. It organizes and integrates operation processes and information flows to make optimum use of resources such as men, material, money and machine. ERP is a tightly integrated closed loop business solution package.
ERP system enhances a manufacturer ability to accurately schedule production, fully utilize capacity, reduce inventory, and meet promised shipping dates.
For more information kindly visit: http://www.eresourceerp.com/difference-between-ERP-and-accounting-software.html
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