ACCT6004 Management Accounting: Final Report - Aligning Skills for Job Success

ACCT6004 MANAGEMENT
ACCOUNTING
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Contents
Final Report:...............................................................................................................................3
Part 1:.........................................................................................................................................3
Summarizing the position:.........................................................................................................3
Part 2:.........................................................................................................................................4
2: Description of most common and required cost and management accounting skills:...........4
3. Less common skills and knowledge required in cost and management accounting:.............4
4. Draw practical findings for identifying challenges for cost and management accounting
skills and knowledge:.................................................................................................................5
5. What have you learnt in ACCT6004 for the alignment with cost and management
knowledge and skills to acquire the job position?.....................................................................5
6. Reflection of research:...........................................................................................................5
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Final Report:
Part 1:
Summarizing the position:
The job requirements have been founded and fulfilled using various websites such as
"seek.com", "careerone.com", "adzuna.com" & jobsearch.goc.com etc in order to acquire and
meet the requirement. Most of the position was related to Cost accountant, management
accountant and management business analyst. Most of the job positions enquiry was related
to manufacturing industry but there was two or three job enquiry from local manufacturing
government industry. The common requirements to fulfil job position were that person
should possess CA, CIMA qualification, highly qualified interpersonal and communication
skills, ability to handle business and financial analysis responsibilities. Selection criteria
cover common enquiries such as requirement of 5 years plus of experience in manufacturing
management field, highly qualified SAP using ability, knowledge of managing Ad-hoc
Management Accounting responsibilities. The specific individual should possess the
qualification of cost-benefit analysis, business analysis, financial forecasting, and tertiary
qualification with relevant experience of transferable skills and excellent organisational
working experience. The major common requirement related to cost and management
accounting position was supporting audit procedure, focusing customer orientation objectives
and service management unit requirement etc. The person should be able to manage, prepare,
develop and monitor annual budget related to accounting process of the company. Job
position is required to possess both CA and CPA qualified and professional accounting body
possession.
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