Archives for February 2012

WHAT IS ACCOUNTING FRAUD? MEANING | TYPES AND CHARACTERISTICS

I checked my mail this morning and was greeted with this email from Jude “Good day Mr. Chinweike, What is accounting fraud? Please sir help me “. I initially did not want to respond to the mail as I considered it a cheating if I help provide an answer to this question. But taking a […]

ACCOUNTANTS STEALING | 8 REASONS WHY ACCOUNTING PROFESSIONALS STEAL

There is no month that passes that you will not hear the news of an accountant stealing from his or her company. You can confirm this by subscribing to Google alert. You will be surprised at the amount of alert you will be getting in relation to situations where qualified accountants have stolen money from […]

WHAT IS RISK BASED AUDITING? MEANING | PROCESS AND IMPORTANCE OF RISK BASED AUDITS

What is risk based auditing was one question that I had problem in answering for a very long time before I finally had my breakthrough in understanding what a risk-based approach to auditing is all about.  It won’t be out of order if I make the assertion that many practicing accountants and auditors still have […]

TWENTY ATTRIBUTES | TRAITS | CHARACTERISTICS OF SUCCESSFUL MANAGERS

Succeeding as a manager is a function of: attributes, traits, and characteristics of managers. This can mathematically be represented thus (A x T x C = SM). You can call it successful management equation if you wish to. The debate as to whether managers are born or made has been settled long ago. Yet, one […]

IMPORTANCE OF INVESTMENT | INVESTING

The importance of investment cannot be fully appreciated without firstly coming to terms with what is investment. This article on the benefits of investment is a follow up on an early article that explains what investment is in a simple everyday language which you can access following the link above. It is fascinating to discover […]

WHAT IT TAKES TO BECOME A MODERN QUALIFIED OR CERTIFIED ACCOUNTANT

Becoming a qualified accountant is the dream of all students of accountancy. Employers don’t really take you seriously if you are not certified as an accountant;  and it comes as little surprise that  accounting firms can insist on qualifications being completed during a specified period of time. Taking time to study for your professional accounting exams […]

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