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¶ … Professional accounting services are paramount for a firm, which provides consulting services to diverse clients. The consultancy firm should read the market (theoretically and practically) before advising a client to engage into a given commitment. As a result, there are substantial considerations that should be kept in mind before offering accounting advises. Various determinants are considered especially when a consulting service is to be considered a sufficient one. The information presented must always be relevant to the form and meeting the required standards. This study presents the general guidelines and structure of an auditing report with special concern on the main areas like introduction body and conclusion.
Planning a Report:
Planning a report is a critical practice among accountants and auditors. The authors have shown that any report that can be considered good must have its purpose stated clearly. Audiences have various needs; this requires the individual preparing the report to identify the target audience when planning the report. The planning process also ensures that the extent of information to be provided is determined. The authors have shown that providing information to a group of investors to devote their money into a given project will vary unlike when providing information on the same topic to other stakeholders. Planning is shown as a...
They should all appear as listed consecutively. The authors have shown that the transmittal document is important because it summarizes the main ideas within the report to whoever is being addressed. The table of contents gives a glimpse of what is contained in the report, while the title page provides the details of the individual who prepared it and the person addressed. Any report may contain illustrations, especially when concepts have to be understood beyond doubt. The list of illustrations covers such sections. At the beginning of the actual report, a summary section is essential because it provides the general ideas presented in the real report. The authors have shown that this section contains the executive summary and recommendations to the targeted audience (May & May, 2012).
Parts of a Report: Introduction, Body of the Report, and Conclusion
Besides the mentioned areas, the authors have shown that, the real…
bibliography at the near-end of the report. Other illustrations not used in the main body are found in this section as graphic illustrations. The list of illustration falls under this part of the report as it also appreciates the outside information used (May & May, 2012).
Appearance, Style, and Tone
The appearance, style, and tone of any report will influence the way it will be received and adopted by the audience. The authors have emphasized on the importance of ensuring that the report is neat and presentable by using the appropriate font and style. The best quality paper must also be used in the case of printing. A formal report should always remain formal; it should be readable and interesting. Whereas the transmittal document can be written with the use of personal pronouns, the main report should not (May & May, 2012).
Conclusion
Accounting reports are essential documents, which must be presented appropriately in the most formal ways possible. This study has identified the most critical section of such reports; they include the introduction, the body, and conclusion. The study has also identified that other important sections included transmittal document, title page, table of contents, list of illustrations, and summary sections.
Professional Profile of the Defense Finance and Accounting Service (DFAS): Chaos What is the Defense Finance and Accounting Service? Ensuring that the men and women who work for the United States military receive their salaries promptly is critical. The Defense Finance and Accounting Service (DFAS) serves this vital function. The DFAS was created in 1991 by the Secretary of Defense, "to standardize, consolidate, and improve accounting and financial functions throughout the Dod. The
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awarding audit contracts by U.S. government departments and agencies Audit Management Red Rationale for and Objectives of the project main and secondary Desktop or literature search Rationale for Search Methodology LITERATURE/DESKTOP RESEARCH Authoritative sources Desktop Findings Justification for audits Evolving role of auditors Types of audit contracts Understanding the Audit Process Best practices and benchmarking Terminology Case Studies Audit management is a fundamental element in government accountability, control and performance management. Certainly there is justification within the Federal government to conduct audits of contracts for the
……South African Municipalities Municipal Revenue Loss Reduction through Improved Municipal Valuation Methodologies:Balance Sheet Enhancement of South African Municipalities to Improve Rates and Taxes Revenue GenerationAbstractThis study examines the property valuation process of Municipalities in South Africa and develops a strategy for strengthening that process in order to more efficiently value properties and ultimately to enhance municipal balance sheets and increase revenue streams. This study proposes an innovative valuation method based