Employment Assessment by accounting bodies

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Employment Assessment by accounting bodies


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  #1 (permalink)  
Old 17th September 2018, 03:18 PM
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Post Employment Assessment by accounting bodies

Hello Everyone,

I am new to this forum and have some doubts in mind so I am wondering if anyone can help me out.

I have recently applied for my employment assessment by CPA and still nervously waiting for the outcome. I have been working for a company as an Assistant Accountant for over a year and below is my tasks and responsibilities:

 Examining operation costs and organisationís income and expenditure
 EOM processes including journals, accruals, and reconciliations
 Preparation of balance sheet and profit and loss accounts sheets
 Preparation of Goods and Services Tax reports and Business Activity Statements
 Examining financial records for accuracy
 Reconciling financial discrepancies by gathering and interpreting data
 Commercially evaluating and helping develop forecasts, budgets and operational targets
 Periodically review cash flow
 Preparing bank statements and reconciling them with general ledger entries
 Liaising with financial institutions to ensure adequate funds are available for the business
 Assisting auditors with account payables queries at year-end
 Assisting in managing the fixed asset register
 Ensuring supplier ledgers are up to date with no discrepancies
 Examining expenses submitted by employees
 Preparing and maintaining all regular accounting processes in account payables
 Payment runs setup and allocations of accounts paid
 Maintaining healthy supplier relationships
 Maintaining customers and suppliersí confidence and protecting operations by keeping financial
information confidential
 Training and performing tasks with computer based accounting systems
 Involvement in projects and ad hoc duties as delegated by CFO and Financial Accountant

According to these information below, will I be able to receive a positive outcome for my employment assessment?

Many thanks, everyone.

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  #2 (permalink)  
Old 9th November 2018, 01:40 AM
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Hey,

Thanks for the detailed information. Can you please share some courses available under PY for accountants. Also, are any online courses available or I need to be be onshore in Australia.

Thanks in advance.

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  #3 (permalink)  
Old 29th August 2019, 07:28 AM
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Quote:
Originally Posted by SAMYBOY View Post
Hello Everyone,

I am new to this forum and have some doubts in mind so I am wondering if anyone can help me out.

I have recently applied for my employment assessment by CPA and still nervously waiting for the outcome. I have been working for a company as an Assistant Accountant for over a year and below is my tasks and responsibilities:

 Examining operation costs and organisationís income and expenditure
 EOM processes including journals, accruals, and reconciliations
 Preparation of balance sheet and profit and loss accounts sheets
 Preparation of Goods and Services Tax reports and Business Activity Statements
 Examining financial records for accuracy
 Reconciling financial discrepancies by gathering and interpreting data
 Commercially evaluating and helping develop forecasts, budgets and operational targets
 Periodically review cash flow
 Preparing bank statements and reconciling them with general ledger entries
 Liaising with financial institutions to ensure adequate funds are available for the business
 Assisting auditors with account payables queries at year-end
 Assisting in managing the fixed asset register
 Ensuring supplier ledgers are up to date with no discrepancies
 Examining expenses submitted by employees
 Preparing and maintaining all regular accounting processes in account payables
 Payment runs setup and allocations of accounts paid
 Maintaining healthy supplier relationships
 Maintaining customers and suppliersí confidence and protecting operations by keeping financial
information confidential
 Training and performing tasks with computer based accounting systems
 Involvement in projects and ad hoc duties as delegated by CFO and Financial Accountant

According to these information below, will I be able to receive a positive outcome for my employment assessment?

Many thanks, everyone.

Hey Sam boy,

Did you get your skill assessment positive?

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  #4 (permalink)  
Old 29th August 2019, 10:58 AM
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Quote:
Originally Posted by sumit2050 View Post
Hey Sam boy,

Did you get your skill assessment positive?
Hello,

Yes i got it.

__________________
Occupation : Accountant (221111)
Total : 85 Points

  • Age : 30 Points
  • Education : 15 Points
  • Aus Education : 5 Points
  • Language : 20 Points
  • Experience : 5 Points
  • Partner : 5 Points
  • PY : 5 Points

EOI (189) : 22-Oct-2018
SC 189 LODGED : 16-NOV-2018

Grant : 06-MAR-2019
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Old 29th August 2019, 11:03 AM
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Quote:
Originally Posted by SAMYBOY View Post
Hello,

Yes i got it.
Thank you for your reply. I have listed my duties below. Could you please tell me if it will work ?

Produce a cash flow forecast on a weekly basis
 Confirm accuracy of all overseas and local supplierís invoices against internal pricing and
benchmarks. Cost control is a very important element of Sumitís responsibilities.
 Responsible for maintaining continuous communication with freight suppliers including DHL,
UPS, FEDEX, ROHLIG, TNT and Couriers Please to ensure competitive pricing and service
levels.
 Responsible for preparation of month end financial reports.
 Prepare Actual vs Budget variance analysis reports
 Responsible for preparing weekly sales reports for each state.
 Responsible for providing advice to managers and stakeholders on purchases, sales and
financing.
 Assist management in preparing annual sales and expense budgets.
 Responsible for preparing the Monthly Sales Commission reports for interstate agents.
 Responsible for timely processing, reconciliation and where relevant, investigation of
financial transactions in the General Ledger to maintain an accurate representation of the
companyís financial position.
 Maintain the Fixed Asset Register of the company.
 Responsible for credit control
 Responsible for monitoring fluctuation of foreign exchange rates on a daily basis and liaising
with FX firms
 Providing accurate and timely information in relation to pricing, namely overseas suppliers,
customs, duties and local freight charges.
 Responsible for accurate representation of GST.
 Responsible for supervising daily bank reconciliations and prompt attention to cash flow and
credit control matters
 Managing all accounting operations including accounts receivable and payable, general
ledger, cost accounting and inventory management.
 Liaise with external financial accountant
 Other adhoc tasks as required

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  #6 (permalink)  
Old 29th August 2019, 11:34 PM
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Quote:
Originally Posted by sumit2050 View Post
Thank you for your reply. I have listed my duties below. Could you please tell me if it will work ?

Produce a cash flow forecast on a weekly basis
 Confirm accuracy of all overseas and local supplierís invoices against internal pricing and
benchmarks. Cost control is a very important element of Sumitís responsibilities.
 Responsible for maintaining continuous communication with freight suppliers including DHL,
UPS, FEDEX, ROHLIG, TNT and Couriers Please to ensure competitive pricing and service
levels.
 Responsible for preparation of month end financial reports.
 Prepare Actual vs Budget variance analysis reports
 Responsible for preparing weekly sales reports for each state.
 Responsible for providing advice to managers and stakeholders on purchases, sales and
financing.
 Assist management in preparing annual sales and expense budgets.
 Responsible for preparing the Monthly Sales Commission reports for interstate agents.
 Responsible for timely processing, reconciliation and where relevant, investigation of
financial transactions in the General Ledger to maintain an accurate representation of the
companyís financial position.
 Maintain the Fixed Asset Register of the company.
 Responsible for credit control
 Responsible for monitoring fluctuation of foreign exchange rates on a daily basis and liaising
with FX firms
 Providing accurate and timely information in relation to pricing, namely overseas suppliers,
customs, duties and local freight charges.
 Responsible for accurate representation of GST.
 Responsible for supervising daily bank reconciliations and prompt attention to cash flow and
credit control matters
 Managing all accounting operations including accounts receivable and payable, general
ledger, cost accounting and inventory management.
 Liaise with external financial accountant
 Other adhoc tasks as required
Looks fine to me but what is your position title?

__________________
Occupation : Accountant (221111)
Total : 85 Points

  • Age : 30 Points
  • Education : 15 Points
  • Aus Education : 5 Points
  • Language : 20 Points
  • Experience : 5 Points
  • Partner : 5 Points
  • PY : 5 Points

EOI (189) : 22-Oct-2018
SC 189 LODGED : 16-NOV-2018

Grant : 06-MAR-2019
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  #7 (permalink)  
Old 29th August 2019, 11:37 PM
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Quote:
Originally Posted by SAMYBOY View Post
Looks fine to me but what is your position title?
Thank you for your reply. My position title is "Accountant"

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