Key Terms Flashcards
Assurance, risk and control
provide a degree of assurance that stakeholders can trust information regarding the organisation
be able to exercise professional judgement
business acumen
demonstrate knowledge of key business objectives & measurements of success
financial information
prepare, analyse & interpret an organisation’s financial info
legislation
understand, interpret and apply legislation, standards and principles
e.g., ISAs, tax laws, ethical codes etc
strategic business management & governance
apply judgement and make sustainable business decisions
building relationships
build trusted & sustainable relationships with individuals
ethics & integrity
identify ethical dilemmas, understand the implications and behave appropriately
leadership
take ownership of allocated projects and effectively manage their own time and the time of others
communication
communicate in a clear, articulate and appropriate manner
problem solving & decision making
evaluate info quickly and draw accurate conclusions
adds value
anticipate an individual’s organisation’s future needs and requirements and identify ways that value can be added
continuous improvement
take responsibility for your own professional growth by seeking out opportunities to enhance knowledge
flexibility
adapt approach to assist organisations and individuals to manage their issues
professional scepticism
apply a questioning mind to conditions