Unit HI5020 Corporate Accounting

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Added on 2021/02/20

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CORPORATE
ACCOUNTING

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ABSTRACT
This projects file is considered the series of the advertisement that is posted by the
Australian company to fill the vacancy of the corporate accountant the other post. It is also
includes the different skill, knowledge, experience and capability to do work for the various post
that are included in the project file. In further to MPA unit HI 5020 corporates accounting to
finalise this report. All the skill and quality that is maintained in the report are needs to be a
corporate accountant.

Table of Contents
INTRODUCTION ..........................................................................................................................4
MAIN BODY...................................................................................................................................4
1. Assemblage of Job Advertisements and its sources:...............................................................4
2. Company's name which posted the assorted advertise and their affiliated industry
breakdown:...................................................................................................................................5
3. List of the Job Titles which mentioned in gathered advertise:................................................7
4. Personal Attributes that are required for the corporate accountant are mentioned in
accumulated Job Advertisements - .............................................................................................7
5. List of Requisite Personal Attributes with in collected Job Advertisements in a detailed way.
......................................................................................................................................................8
6. Professional and academic qualifications for corporate accountant that enrolled in the
collected advertisements-.............................................................................................................9
7. Interrelationship of tasks, roles and responsibility of job advertisements with the topics of
MPA unit HI5020 Corporate accounting:..................................................................................10
8.Other topics, attributes or learnings outcomes are missing from MPA unit HI5020 Corporate
Accounting that are listed on the job advertisement- ................................................................10
9. Critically evaluation of the skills, experience and attributes that needed to become a
corporate accountant. As well as role of topics of MPA unit HI5020 Corporate Accounting to
become a corporate accountant: ................................................................................................11
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................13
APPENDICES...............................................................................................................................14

INTRODUCTION
Corporate accounting is the particular branch of the accounting which handles the
accounting in order to preparation the financial statement, book of accounts, analysis and
measurement of the final result of the company(Bloom, 2013). It includes the interpretation of
the financial statement to user of the business organisation. It further includes the particular
event of the enterprises like amalgamation, preparation of the consolidated statement and
common size balance sheet to compare the business and financial result. Accountant of the
company collects the particular reports, statement, accounts and other related information and
make a conclusive reports form it and present to the management of the company. Corporates
accountant are responsible for the reports and financial statement of the company. In the
particular project reports skills, qualification, study, knowledge and experience of the working in
the different corporate of the corporates accountants are included. For the post of the corporate
account certain technical skill are required in the future aspirates to join the company. In addition
to this report covers the job advertisement for the job of accountant and professionals.
MAIN BODY
1. Assemblage of Job Advertisements and its sources:
Job advertisement are the basic sources to fill the vacant post of the particular job
vacancy. A aspartates collects the job advertisement form the various corporates to willing the
work at the particular company. As every company require the accountant to make the financial
statement and reports for the business organisation (Boyce, 2014). So corporates firm advertise
the job vacancy in the particular sources for the vacant post. Herein, some of the job posted by
the corporates are collected from the different sources such as national and international web
pages and online channel. These are as follows:
Channel of the job advertisement:
Number of the advertisement (based on
the Appendices division)
Mode No. of Sources selection
1 Indeed.com 1

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2 Job-seeker.com 1
3 Glassdor.com 1
4 Gumtree.com 1
5 Adzuna.com 1
6 Indeed.com 1
7 Glassdoor.com 1
8 Linkdin.com 1
9 Job seekers.com 1
10 Indeed.com 1
11 Job seeker.com 1
12 Glassdoor.com 1
13 Linkdin.com 1
14 Job seekers.com 1
15 Glass door.com 1
16 Jobseeker.com 1
17 Indeed.com 1
18 Indeed.com 1
19 Linkdin.com 1
20 Job seekers.com 1
21 Glass door.com 1
22 Indeed.com 1
23 Jobseeker.com 1
24 Indeed.com 1
25 Indeed.com 1

26 Linkdin.com 1
27 Job seekers.com 1
28 Indeed.com 1
29 Job seeker.com 1
30 Glassdoor.com 1
2. Company's name which posted the assorted advertise and their affiliated industry breakdown:
In the particular section of this report, name of the particular company that is posted the
advertisement to fill the vacant job of the corporate accountant are included. The different
company which are advertise their vacant post in the business organisation with the types of the
industry as per appendices subsection (Brown, and et. Al 2015).
Advertisement
Number
Company Name Industry type
1 Lawson Elliot recruitment Human resources
2 Wise tech global Information technology
3 Robert Walters Recruitment consultancy
4 WT partners Finance consultancy
5 UBER, Strathfield Transportation
6 2 XM finance Accounting
7 Intuitive recruitment Recruitment consultancy
8 Mighty hive Media consultancy
9 Brookfield properties Construction
10 Ingenium group Information technology
11 Grant thornton Finance consultancy

12 GFG alliance Manufacturing company
13 Hays Recruitment agency
14 Reo group Finance company
15 Stark Visas private limited Consultancy company
16 Meritide advisor private limited Financial advisor
17 Ord Minnett Wealth management
18 Perpetual limited Investment advisor
19 Chep Retail supplier
20 Puma energy Oil company
21 Catenon logistic company
22 UGL limited Construction
23 West recruitment Human resources
24 KPMG Human resources
25 Charterhouse Employment agency
26 Robert half Human resources
27 U& u recruitment Employment agency
28 Bolt bikes Bicycle rental
29 Lawson Elliot recruitment Human resources
30 West recruitment Human resources
3. List of the Job Titles which mentioned in gathered advertise:
Here is the list of the job title that based on the vacant job posted by the corporates. Some
of the job title are maintained as under:
 Senior Corporate Financial Accountant,
 Senior business Analytics,

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 Accounts and financial manager,
 Corporate tax Accountant,
 Corporate Financial and Management Accountant,
 Financial Accountant,
 Senior Financial Accountant,
 Senior Accountant,
 Corporate Accountant,
 Junior Management Accountant,
 Senior financial Accountant,
 Senior Group Accountant,
 Management accountant
4. Personal Attributes that are required for the corporate accountant are mentioned in
accumulated Job Advertisements -
Personal attributes are the skill and qualities or characteristics of a people that make the
difference from the others or separates from other (Ducassy, 2013). These are the personal traits
of a people that can called as soft skill. These skill are difficult to understand with out express by
the people. For example honesty, sixth sense. Here is some of the skill that are needed for the
different job title are mentioned as follows:
 Creative
 Strong sense of work
 Technical skills like machine, finance
 Trustworthiness
 Problem-solving skills
 work ethic
 Flexibility
 Interpersonal skill like communication (verbal, non verbal) and resolving power of
conflicts.
 Team member
 Leadership skill
 Passionate
 Willing to learn

 Ability to handle pressure
 coordinative, communicative
 Time management skills
All of the are the personal attributes and skill that are required in a corporate manager and other
various post (Fifka, 2013).
5. List of Requisite Personal Attributes with in collected Job Advertisements in a detailed way.
In the particular section of this report, detail discussion of the person attributes for the
post of the corporate accountant are maintained here. Personal attributes are the basic skill in the
particular person which must have in the accountant to detail study the financial reports of the
business. Some of the skill are described as under:
Technical skills for the related post – Under this particular skill and capability of people
are all about help in the performing the business activities. These are the special ability regarding
the professional knowledge and tech based information that needs to apply while performing the
business tasks. Skill are depend on the practical learning of the related to their own profession.
These skill can be related to mathematical and scientific, IT, software, mechanical, finance other
skill. Corporate accountant are required good sound knowledge of the main field of accounting
that is essential for the same.
Problem solving skills - These skill are related to provide the better solution of the
business problem in comprehensive time. In the problem solving skills it includes active
listening, research, measurement, analytical and different situation handling abilities to resolve
the problem and issues. These are the inbuilt skill in a person that can not be taught but trained
the level to enhance the ability of the person. In the relevance to the corporate accountant, a
aspirates needs to solve financial problem (Hillier, and et. Al 2013).
Time management – This is the management skill that is discussed as the capability to
work as per the given time. It included the effective utilisation of the time to do a task in the
business or workplace to enhance the profit of the business. This is standard process that measure
the activities as per provided time rate. It plan and control for the particular activities that
provides the spending time. To settle the financial issue and problem of the business a accountant
must know the management of the time to prepare the periodic reports and statement.

6. Professional and academic qualifications for corporate accountant that enrolled in the
collected advertisements-
Here, certain professional and academic qualification that is required in accountant are as
under:
 Good sound knowledge of IT system and method to use the computation in accounting
data and information (Hribar, Kravet, and Wilson, 2014)
 Complete knowledge of the computer system and other application as Microsoft excel,
power point to reckon the budgeting process.
 Certificated diploma and courses of the professional such as charted controller (CC),
financial officer (FO).
 Working Experience in company and consultancy firm.
 Deep knowledge of the taxation and its processors, accounts standard or principle and
company laws.
All these are the professional degree and knowledge that are required in the corporate
accountant.
7. Interrelationship of tasks, roles and responsibility of job advertisements with the topics of
MPA unit HI5020 Corporate accounting:
For the post of the corporate accountant, there are a lot of skill that needs in the person
while performing the task and activities. The role and responsibilities for the accountant is to
maintain the proper record of the books of account and prepare a study report so that
management can analysis and measure the business statement and reports. In the respect of the
MPA unit HI5020 Corporate accounting, there are different topic that cover under this section
such as assets, liabilities and other provision related to income tax. All the topic are for the job
role of corporate accountant (Iatridis, 2013). This particular topic play a significant role in
functioning the business activities and task performance. Here some topics that covers by the
unit of MPA unit HI5020 of Corporate accounting are below -
Accounting for assets – This part of the business entity covers the business transaction
related to assets of the firm. The main role and responsibility of the accountant is to deal the
transaction related to purchase and sales of the assets. And maintain the proper records of the
items related to assets such as depreciation accounting.

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Accounting of income tax - In the corporate accounting, the main role for the MPA unit
HI5020 of accounting is to related the income tax provision and laws in order to prepare the
financial statement as per the laws and provision. For example company required a corporate
accountant, it must check the knowledge regards the provision and laws.
8.Other topics, attributes or learnings outcomes are missing from MPA unit HI5020 Corporate
Accounting that are listed on the job advertisement-
MPA unit HI5020 Corporate accounting consists of other relevant topic and section that
is needed for the post of accountant. Some of the other attributes that are discussed as follows:
Customer orientation service – This services is regards with handling the issue of the
client and customers. This is the additional skill that needs to deal with client in the practical
world. By solving the particular issue of the client, it may enhance or deepen the relationship
between business and customers. So it may increase the customers base of the business (Wells, J.
T ., 2017).
Knowledge of accounting software - In the new business scenario, company must use the
new tech based services to resolve the issue of the clients and other selling techniques. As per
this system, accountant must have a good sound knowledge of the accounting software like tally
and other software to finalise the accounting work in short period of time. In further to this,
company must implement the innovation that are used by the firms in the new marjet to operate
the business and its activities. These accounting software may enhance the proactivity of the
business in short period.
9. Critically evaluation of the skills, experience and attributes that needed to become a corporate
accountant. As well as role of topics of MPA unit HI5020 Corporate Accounting to
become a corporate accountant:
The role and responsibility of the corporate accountant are totally depends on the its skill
to do work in proper time. These skill, experience, attributes play a major role in the efficiency
of the business organisation. Some other skill that are required in the corporates accountant are
as follows:
Skill: Some other skill like trustworthiness, ethics that are required in the corporates accountant
to enhance the working efficiency of the business organisation. Accountant must have the
qualities to present the annual reports in front of the employees and management of the business.

So they can execute the plan as per their strategies that may lead the business progress (Jiraporn
and et. Al 2014).
Attributes: The personal attributes in the corporates accountant are require to perform the
business task and activities with accuracy. Accountant must provides the attention towards the
business records to completing the task related to financial statement with error free.
Role of topics of MPA unit HI5020 Corporate accounting to be a corporate accountant:
In order to MPA unit HI5020 Corporate accounting, there are certain part that covered in
the project regards with the corporates accountant. The job role of the accountant such as
knowledge of laws and provision of taxation and accounts (Sultana, 2015).
CONCLUSION
As per this projects reports, it is concluded that corporate accounting play a crucial role
in the providing the information and data as end result of the business organization to
management. This projects report basically shows the job role for the post of corporates
accountant and responsibilities regards the business. In the further it describes the skill, attributes
and experience that is needed for the same post. This particular report is also concise the object
of MPA unit HI5020 Corporate accounting and other skills required in particular person for the
job.

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REFERENCES
Books and journals:
Bloom, M., 2013. Double accounting for goodwill: A problem redefined. Routledge.
Boyce, G., 2014. Professionalism, the public interest, and social accounting. In Accounting for
the public interest (pp. 115-139). Springer, Dordrecht.
Brown, J., Dillard, J., Hopper, T., Atkins, J., Atkins, B.C., Thomson, I. and Maroun, W., 2015.
“Good” news from nowhere: imagining utopian sustainable accounting. Accounting,
Auditing & Accountability Journal.
Ducassy, I., 2013. Does corporate social responsibility pay off in times of crisis? An alternate
perspective on the relationship between financial and corporate social
performance. Corporate Social Responsibility and Environmental Management, 20(3),
pp.157-167.
Fifka, M. S., 2013. Corporate responsibility reporting and its determinants in comparative
perspective–a review of the empirical literature and a meta‐analysis. Business strategy
and the environment. 22(1). pp.1-35.
Hillier, D., Ross, S., Westerfield, R., Jaffe, J. and Jordan, B., 2013. Corporate finance (No. 2nd
Eu). McGraw Hill.
Hribar, P., Kravet, T. and Wilson, R., 2014. A new measure of accounting quality. Review of
Accounting Studies. 19(1). pp.506-538.
Iatridis, G.E., 2013. Environmental disclosure quality: Evidence on environmental performance,
corporate governance and value relevance. Emerging Markets Review. 14. pp.55-75.
Jiraporn, P., Jiraporn, N., Boeprasert, A. and Chang, K., 2014. Does corporate social
responsibility (CSR) improve credit ratings? Evidence from geographic
identification. Financial Management. 43(3). pp.505-531.
Sultana, N., 2015. Audit committee characteristics and accounting conservatism. International
Journal of Auditing. 19(2). pp.88-102.
Wells, J. T ., 2017. Corporate fraud handbook: Prevention and detection. John Wiley & Sons.