Accounting Basics
What's the double entry of a sale?
DR Cash
CR Revenue
Essential parts of a summary
Contact Information
Professional Summary
Work Experience
Skills
Education
What is the name of the registered body for accountants in Trinidad and Tobago?
Institute of Chartered Accountants of Trinidad and Tobago
Who are we?
Professional services network and one of the "Big Four" accounting firms, offering audit, tax, and advisory services.
chemical formula for water?
H2O
What is the accounting equation?
Assets + Liabilities = Equity
Resume building Apps
Canva
Enhancv
MS Word (Templates)
What is the main financial reporting standard?
IFRS - International Financial Reporting Standards
Where are we located throughout Trinidad?
Port of Spain
San Fernando (South Park)
Define atomic number
the number of protons in the nucleus of an atom
Name three core financial statements?
Balance Sheet/SOFP
Income Statement/SOI
Cash Flow Statements/SOCF
Things to avoid on your resume
DoB
Address
Photo
Marital status
Primary school education
Association of Chartered Certified Accountants
What industries does PwC operate in
Oil & Gas
Banking & Capital Markets
Energy & Utilities
Hospitality & Leisure
Three Laws of Motion
1. An object at rest will remain at rest, and an object in motion will stay in motion
2. The acceleration of an object is equal to the net force acting on it divided by its mass.
3. For every action, there is an equal and opposite reaction.
Difference between cash basis and accrual basis accounting
Cash basis records when cash changes hands; accrual basis records when transactions occur.
Things to do
PDF resume
Proof read resume and email
Dress appropriately
Research company
Who are considered the "Big Four" accounting firms?
PwC, E&Y, KPMG and Deloitte.
What are PwC areas of business?
Advisory Services
Forensics
Assurance
Tax & Legal Services
Charges of proton, neuron and electrons
proton - positive +1
neutron - neutral
and electrons - negative -1
What are the steps in a bank reconciliation?
1. Balance per Bank Statement
2. Reconciling items - outstanding cheques; deposits in transit
3. Balance per underlying records (Balance Sheet)
Tell us about yourself?
.....
Difference between an auditor and accountant?
An accountant prepares and maintains financial records, while an auditor examines these records to ensure accuracy and compliance with regulations.
REMEMBER - Auditors are accountants by profession!
PwC Values
Our values are: integrity, make a difference, care, work together, and reimagine the possible