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    Unit Learning Objectives Deakin College Transitional Attributes 2. Explain the role and importance of professional communication as required within organisations and develop professional communication

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    Unit Learning Objectives Deakin College Transitional Attributes 2. Explain the role and importance of professional communication as required within organisations and develop professional communication skills. independent learner knowledge base research skills time management skills report writing skills awareness of ethics of tertiary education use of appropriate technologies 4. Critically review industry trends and the impact on future employment expectations. Assessment Feedback: Students who submit their work by the due date will receive their marks and feedback on Moodle wi...

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    Executive summary
    The report analyses the nature of financial management and the requirements to needed to
    join the industry. Financial management is fundamental to any organization, thus, the role of
    a financial manager is very important. The report found that financial management is a
    constantly changing sector due to globalization and technology. Further, financial manager
    should be adept in various sectors since the role is ever-expanding. To become a financial
    manager, one should have a minimum of an undergraduate degree in finance, along with
    other professional qualifications. In addition, industry experience is key; a graduate can earn
    experience by working low-level positions, before climbing up the ladder. Overall, the role of
    financial managers will become more important to stability of firms in the long run.

    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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