Reflection 2- Part A PDF

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Re fle c t i on2:We e k2–Pr e s e nt a t i onf r omEY Wor dc oun t s :6 90 EYi so neo ft heb i g4a c c o unt a n tfir mst h a th a ss u c c e e de di nt he i rpr o f e s s i ona ls ki l l s a n dwo r ka c r os st hec oun t r i e sg l ob a l l y .Thewo r ke n vi r o nme nti sc h a l l e n gi n gwi t ht h e t e c h nol o gi e sb e t we e nt h eb i gfir mst og e tc omp e t i t i v ea d v a n t a g e st og r o wt ht h ec o mp e t e n c yof t hee mp l o y e e ss t a t e db yEY( 2 020) . ( Ra ki n2 020)s t a t e dt ha ta saSe ni orAs s o c i a t ef o rAs s ur a nc ei nd i gi t a lt r us t ,h ei s l oo ki n gt h r ou ght h efin a nc i a la c c o unt i n ga n da dv i s et h ec l i e nt so nh i spr of e s s i ona lj u d g e me nt . Hea l s op a r t ne r swi t ht h ee n gi ne e rt op r e s e ntt hepr o j e c tt ot h ec l i e nt sa nde xpl a i nt hep r oc e s s a n du s eofd a t awi t ht hee me r gi n gt e c hnol o gi e su s i n gAr t i fic i a lI nt e l l i g e nc e .Fore xa mp l e , u s i n gd a t aq ua l i t yt oe xpl a i nwi t ht h ec ha n g e si nma r k e t ’ sn e e da ndl e gi s l a t i onswh i c hi s f o c u s e do nt h eb i g g e rp i c t ur et h a tg i v e sap ot e nt i a li de ao nd e c i s i o nma ki n gf orc l i e n t st os ol v e p r obl e msf ord i ffe r e n tt y pe so fb us i ne s s . Thee xpe c t a t i onf r omEYf r oman e wg r a dua t et ob ee mpl o y e dwo ul db et hea bi l i t yt o p r e s e nt a bl ei n c l udi n gi ns o c i e t ya nds o c i a lme d i a .Fore xa mpl e ,t heSof ts ki l l st h a tt h e p r of e s s i ona lwor kpl a c ewoul di n t e r a c twi t he a c ho t he ra ndp r oa c t i v eonu s e f ult i p st ob ui l du p c o nfide nc ei nt hepubl i cs pe a ki n g .I mpr o v et h es oc i a lc onne c t i ono nLi n ke d i n ,whe r ey our e mpl o y e rwoul dl o okf ora ndRe s umewi t hapr ope rCo v e rl e t t e r . Thea c t i v i t i e sa nde xpe r i e nc e si nt h ec o mmuni t ya n dj o b si na n yt ype swou l db e ne fit f o rt hec a ndi da t et oh a v et hep o t e nt i a lf ort h ef ut u r ec a r e e r .Th a tt h ee mpl o y e rma yfindmor e c o n vi nc i n gt os e l e c tt h ec a ndi da t eb a s eont h ee xpe r i e nc e sa ndd e gr e eb e c a us ei tr e fle c t sho w we l lt hes t u de ntkno wst h eb us i n e s s ’ sp r oc e s si nr e a l i t ya nda bl et od e l i v e rt h et a s k s . Thet e c hn i c a ls ki l l sa r ee xpe c t e dt ob ekno wno ra bl et ou nde r s t a n dt ob ea bl et o c o ns t r u c tt h ed a t aa n a l y s i so re x c e la ppl i c a t i onorot he ra c c o unt i n gt ool sa ppl i k eMYOBo r XERO. Thes ki l l sa nda t t r i but e st h a tEYwoul dr e q ui r et ot h ep r e vi ousr e s po ns e s ,t h eSof t s ki l l swoul di mp r o v et hec ommuni c a t i onf orAs s u r a nc et oi n v e s t o r s ,s t a k e hol de ra n dp r i v a t e c l i e nt st op r o mo t et heb us i ne s ss u s t a i n a bi l i t ywi t hl o n g t e r mv i s i o n.Fo re xa mpl e ,t hec ha n g e s o fr e g ul a t or y ,ma r ke t ’ sn e e da ndt r us t .Tho s es ki l l sbui l du pt h ep r of e s s i o na l i s ma ndt r us tf r om e mpl o y e e ’ sa t t r i but e st o wa r dt hej o b . Thea c t i v i t i e sa nde xpe r i e nc e sg i v eab e t t e ri d e ao fh o wt hea c t u a lb us i ne s sr uni nr e a l i nd us t r i a lnoma t t e rwh a ts i z e soft heb u s i ne s s .Buti tb ui l dst h et r us ta nda mbi t i ont o t r a n s pa r e ntt h ei nf o r ma t i o na ndag o odr e fle c t i ononh o wy o ua sac a ndi da t et ob ee mpl o y e di n t e r mofh o wmuc he ffo r tt r yi n gt oe n g a g ewi t ht hebus i n e s sa ndc o mmun i t y . Thea bi l i t yt os t u d yt het e c h ni c a ls ki l l st oc ons t r u c tt h ea n a l y s i sa nde xpl a i nt he n umb e rt ot hec l i e n t sus i n gt h ep r of e s s i o na lj ud g e me ntba s eo nt h er e s u l t .Fo re xa mpl e ,EY h a st h eAIa ndRobo t i ct oc r e a t es y s t e msf orc l i e nt st ha ta r ee a s yf ort h e i rb u s i n e s sa ndr e c or ds o fda t a . It h i nki n t e r pe r s ona ls ki l l sa ndt i mema n a g e me ntp l a y sa ni mp or t a n tr ol et or e pr e s e nt t hefir s ti mp r e s s i ont oe mpl o y e r sn o to nl yt oEYb uta l s oi ng e ne r a lf ort h ef ut u r ec a r e e r . Cha r t e r e dI ns t i t ut eo fMa na g e me ntAc c oun t a nt s( 2 011)d e s c r i b e st h a tLe a de r s hi pa nd Cos tp l a ni se s s e nt i a lf ore mpl o y e e ’ sc ompe t e nc yt oa dv i c et hec l i e n t swi t ht h ede c i s i on

ma ki n ga ndu s i n ga c c ount i n gs ki l la n dkno wl e dg el i k ea c t i v i t y ba s e dc os t i n g .Thel a t e s t b us i n e s si n t e l l i g e nc et o olg i v e sab e t t e rvi s i o nt h a ta na c c ount a ntne e dst oa c qu i r ef orc ur r e nt i nn o v a t i o nwi t hd i ffe r e ntt ype so fb us i ne s si nt hi smod e r nwor l d . Tof ur t h e ri mp r o v eo nt hes ki l l sa nda t t r i but e s ,It hi nkACCG3040Au di t i n ga n d As s ur a nc eSe r vi c eg i v eaf unda me nt a ls t u d yo ne xt e r na la udi toft h ec o r por a t efin a nc i a lr e por t wi t ha na bi l i t yt oa d vi c ea n dc hoos i n gt h ei mp or t a n ti nf or ma t i onf orc l i e nt sori n v e s t or s . Ia l s ob e l i e v et h a ta c a de mi cwr i t i n go nb u s i n e s sr e por ta n dp l a ni sr e q ui r e dt op r a c t i c e a n dr e a d i n gt h r ou ghj o ur na la r t i c l e sa n dn e wst oi mp r o v et h ewr i t i n gs ki l l sa ndi d e a s . Mor e o v e r ,i tg i v e sa ni n s i g htkno wl e d g eofb i gi n dus t r i e swor ki n ga ndp r a c t i c e s .La s t l y , Ba l a nc i n gt h el i f e s t y l et oma k ee ffe c t i v et i mema na g e me nta n ds t a yo nt opo fwor kl o a dt o a l l o we nou ght i met or e fle c to nmi s t a k e sma k e sab us yl i f ef r omgr a dua t es t u de ntt ob emo r e fle x i bl eo nt h e i rt a s ksa ndwor ki n ge ffic i e nc y . Re f e r e nc eLi s t : Cha r t e r e dI ns t i t ut eo fMa na g e me ntAc c oun t a nt s2 011,De v e l opme nti nt h eg l obal a c c ount an c ys e c t or ,vi e we d1 6Ma r c h2 02 0,

EY2 020,Ou rPur p os e ,vi e we d1 6Ma r c h2 020, EY2 020.As s u r anc es e r v i c e s ,vi e we d1 6Ma r c h2 020,

Ra ki n,H2020,I nt r odu c t i o ns ,Le c t u r e2 ,we e k2 :p r e s e nt a t i o nf r omEY,Le c t u r ePo we r Poi nt s l i de s ,vi e we d1 6Ma r c h2 020,...