Key Terms Flashcards

1
Q

Assurance, risk and control

A

provide a degree of assurance that stakeholders can trust information regarding the organisation

be able to exercise professional judgement

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2
Q

business acumen

A

demonstrate knowledge of key business objectives & measurements of success

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3
Q

financial information

A

prepare, analyse & interpret an organisation’s financial info

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4
Q

legislation

A

understand, interpret and apply legislation, standards and principles

e.g., ISAs, tax laws, ethical codes etc

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5
Q

strategic business management & governance

A

apply judgement and make sustainable business decisions

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6
Q

building relationships

A

build trusted & sustainable relationships with individuals

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7
Q

ethics & integrity

A

identify ethical dilemmas, understand the implications and behave appropriately

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8
Q

leadership

A

take ownership of allocated projects and effectively manage their own time and the time of others

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9
Q

communication

A

communicate in a clear, articulate and appropriate manner

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10
Q

problem solving & decision making

A

evaluate info quickly and draw accurate conclusions

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11
Q

adds value

A

anticipate an individual’s organisation’s future needs and requirements and identify ways that value can be added

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12
Q

continuous improvement

A

take responsibility for your own professional growth by seeking out opportunities to enhance knowledge

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13
Q

flexibility

A

adapt approach to assist organisations and individuals to manage their issues

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14
Q

professional scepticism

A

apply a questioning mind to conditions

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