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PSAC4056 Professional Skills For Accountants

tag 0 Download 10 Pages / 2,303 Words tag 09-07-2021


Learning outcomes assessed:

  • Understand and have knowledge and skills of awareness of professional ethics, leadership and staff management as an accounting and finance professional in a business environment.
  • Use appropriate technologies to facilitate the completion of self-analysis/reflection.
  • To reflect, analyse and discuss strengths, weaknesses, and opportunities professionally in accounting and finance.
  • Understand and look to improve their own personal strengths in relation to the environment

Task 1

You have just secured a job as a Senior accountant in a manufacturing company and found that your director is very confused about implementing a new policy aimed at increasing productivity. He thinks workers may be dissatisfied and relationships could be stale.

He believes that the Blake and Moulton’s Managerial grid model could help in decision making but does not fully understand the various options and consequences.


a.With the aid of a diagram, discuss the Blake and Moulton’s Managerial grid model to the understanding of the director; clearly stating the different options on the grid.

b.Recommend a position on the grid and provide justifications for your recommendation.

Task 2

After graduating with a good Accounting degree from GSM London, you found the job below:

Fredilex Ltd provides specialist financial control and business advice to directors and owners of private companies. We offer an integrated outsourced solution and work closely with individual businesses, becoming part of their team.

We are looking for a Junior Accountant to join our growing business and assist the partners with their client portfolio. We are looking for a dynamic individual who will thrive in a fast-paced and diverse environment. The successful applicant will be trained in all aspects of our work and company ethos.

This is a fantastic opportunity for someone looking to learn and develop themselves, with excellent opportunities for career progression.

Principal Responsibilities/Accountabilities

  • Assisting with preparing management accounts
  • Assisting with year-end reporting
  • Assisting with implementing and maintaining financial controls and procedures
  • Commentary and analysis of accounts
  • Cashflow preparation and reporting
  • Assisting with the preparation of budgets and forecasts
  • Bookkeeping
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