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Posted: February 1st, 2024

Project 1 Write a report about 3-5 pages long, describing how you can develop and implement policies

Project 1
Write a report about 3-5 pages long, describing how you can develop and implement policies and procedures relevant to bookkeeping activities. The report should identify the strategies you can use in your role as a bookkeeper and indicate the way in which you would build supportive relationships with clients and work colleagues.

In particular, there should be strategies for:

Establishing and maintaining relationships with clients and other professionals in the accounting and bookkeeping industry
Researching and identifying policy and procedure material
Developing systems and guidelines for procedures
Analysing, evaluating and organising information required for your role
Effectively planning work and contributing to the team environment, taking into account constraints and available resources
Identifying and evaluating opportunities for your own professional development
Complying with legislative, statutory and regulating requirements for accounting procedures and systems, as well as adhering to the industry codes of practice
In the report, you should demonstrate your ability to:

Use communication skills (questioning and active listening) to build relationships, determine and confirm client requirements
Liaise with others, share information, listen and understand
Use language and concepts appropriate to cultural differences
Use numeracy and IT skills to accurately analyse, record and store data, as well as access and use appropriate financial management software, spreadsheetsand databases
Comply with ethical, legal and procedural requirements
Use problem-solving skills to identify any issues that have the potential to impact on the bookkeeping process
Plan and sequence work to provide a timely and professional service

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