Canada Starting a new job, in the Fixed Assets Department of a major Manufacturing Corporation-->> HELP!!

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Hi there,

I a couple of days I will be starting a job as an Accountant in the Fixed Assets department of a Large Manufacturing Corporation (not mentioning the name), I haven't worked in accounting for a couple of years and am rusty. I went to my storage unit and dusted off my old accounting textbooks and refreshed myself.

For students, and those of you who have never worked in accounting please do not read any further.

My question is what advice can you give me in order to succeed in my role?

These are my responsibilities:

  • MOnth end Adjusting entries

  • Calculating Depreciation

  • Subledger to G/L reconciliation

  • I would have to communicate advanced accounting topics to individuals in other departments

  • Foreign Currency translation

  • The corporation is public--->> hence IFRS

  • Review Internal Controls

I am looking for practical, hands on advice ---->> not academic theory I already read in my textbook.



Please lets not deviate from the topic.
 

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