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    Reflection On Business Communication

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    A reflection paper can be written on an assigned piece of reading, a lecture or an experience, such as an internship or volunteer experience. For the most part, in a reflection you cite your reactions, feelings and analysis of an experience in a more personal way than in a formal research or analytical essay....

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    Business communication simply means sharing of information between the individuals inside and outside of the organization to achieve commercial benefit for the organization. Hence, to be a successful business manager one must have good verbal, non-verbal and written communication skills. In the first semester of studying Masters in Professional Accounting Business Communication was one of the major subjects that helped us to achieve good communication skills and personal growth. Although, all the basic and important topics were included and explained in the business communication course in this semester I found the two of the topics very important that an individual should develop in them for their individual growth in their personal as well as their work life.

    This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.

    This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.

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