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(iii) Implementing a new financial reporting system and training staff on its
use, to be done by the end of the first month
(iv) Filing tax returns for operations in different countries, due by the end of
the third month

(v) Preparing financial forecasts for the next fiscal year for each sector, to be
FOR ONLINE READING ONLY
ready by the end of the third month
(vi) Conducting a financial feasibility study of a potential acquisition, to be
completed by the middle of the second month
(vii) Presenting financial forecasts and risk assessment findings to the
LANGUAGE EDITINGboard
of directors, scheduled for the end of the third month
LANGUAGE EDITING
(viii) Implementing new financial compliance measures as required by law in
different operating countries, to be done by the end of the second month
Required: Considering different deadlines by which the identified activities need to be
completed, prepare a detailed quarterly accounting work plan for Dynamic
Global Ltd. Your plan should consider the unique needs and timelines of
each sector. Also, consider the resources needed for each task, including
personnel, software, and financial resources. Once your plan is complete,
share it with your peers for feedback and potential improvements.
8. Referring to the actual stages involved in preparing an accounting work plan,
what do you consider as the potential challenges that one might encounter during
its preparation?

Project work

Choose an issue related to Accountancy, then design and conduct a project.

Student’s Book Form Five
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