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When facing professional challenges, my approach is centred around maintaining a problem-solving mindset and a proactive attitude. This helps in developing a well-informed strategy to tackle the problem. How do you handle professional challenges?
This opportunity allowed me to audit clients like the South African Revenue Service and South African Tourism, as well as manage accounts for Mastercard South Africa. When you’re young, focus on deeply understanding the core accounting principles, financial reporting, and regulatory compliance.
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As they assist in complianceaudits and the monitoring of internal controls to ensure that everyone within the company does their job correctly, they are also expected to thrive and flourish amid the challenges along the way for the benefit of the organisation.
Look for an accounting partner that values open communication, responsiveness, and proactive problem-solving. Evaluating Security and Compliance When it comes to financial data, security and compliance are non-negotiable.
You used to audit nonprofit organizations back in the day, similar to me, but while I was the CFO of a nonprofit, you were my auditor. Um, so that we can ensure we get through audits and then just kind of balancing all of those things together. And comparing things to the audit is always the first step that I take.
To fulfil these requirements, soft skills such as stakeholder management, relationship building, emotional intelligence, problemsolving and communication are crucial for finance professionals in 2021 alongside core technical capabilities such as financial planning, modelling and data analysis. .
In the non-practising sector, these functions include corporate finance, investment and financial management, internal control and risk management, as well as compliance, the accountancy body added. “In Despite the economic uncertainty, accounting professionals remain in high-demand across Hong Kong for the diverse services they offer.
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