Required skill:

Understand some of the contexts in which accounting can be seen as operating (examples of contexts include the legal and social environment; the accountancy profession; the business entity; the capital markets; the public sector)

Required competencies:

Cognitive skills
Analysis, judgement, attention to detail		 Generic competencies
Personal capabilities
Decisiveness, initiative		 Technical ability
Business awareness
Process operation, financial awareness, commercial awareness		 Practical elements

Required skill:

Knowledge and understanding of the main current technical language and practices of accounting (for example, recognition, measurement and disclosure in financial statements; managerial accounting; auditing; taxation) in a specified socio-economic domain

Required competencies:

Cognitive skills
Analysis, judgement, attention to detail		 Generic competencies
Personal capabilities
Decisiveness, organisational sensitivity		 Technical ability
Business awareness
Organisational understanding, financial awareness, commercial awareness		 Practical elements
Professional expertise

Required skill:

Knowledge and understanding of some of the alternative technical languages and practices of accounting (for example, alternative recognition rules and valuation bases, accounting rules followed in other socio-economic domains, alternative managerial accounting approaches to control and decision-making)

Required competencies:

Cognitive skills
Analysis, judgement		 Generic competencies
Personal capabilities
Initiative		 Technical ability
Business awareness Practical elements
Professional expertise

Required skill:

Skills in recording and summarising transactions and other economic events

Required competencies:

Cognitive skills
Analysis, judgement, attention to detail		 Generic competencies
Personal capabilities
Decisiveness, organisational sensitivity		 Technical ability
Business awareness
Organisational understanding, financial awareness, commercial awareness		 Practical elements
Professional expertise

Required skill:

Preparation of financial statements; analysis of the operations of business (for example, decision analysis, performance measurement and management control

Required competencies:

Cognitive skills
Analysis, judgement, attention to detail		 Generic competencies
Personal capabilities
Decisiveness, organisational sensitivity		 Technical ability
Business awareness
Organisational understanding, financial awareness, commercial awareness		 Practical elements
Professional expertise

Required skill:

Financial analysis and projections (for example, analysis of financial ratios, discounted cash flow analysis, budgeting, financial risks)

Required competencies:

Cognitive skills
Analysis, judgement, attention to detail		 Generic competencies
Personal capabilities
Decisiveness, organisational sensitivity		 Technical ability
Business awareness
Organisational understanding, financial awareness, commercial awareness		 Practical elements
Professional expertise

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