Accounting Assets Essays and Term Papers
Last update: August 5, 2014-
Accounting Ethics
Accounting Ethics When examining the effect of open marketing on the profession of accounting it is important to view it from three perspectives: the client's, the profession's, and society's. Additionally, two key areas that are affected by marketing must be addressed, these are concerning competition, and ethical implications. Marketing in public accounting is here to stay therefore making an argument against its existence would be fruitless; however, in order to achieve maximum benefit to the
Rating:Essay Length: 1,865 Words / 8 PagesSubmitted: December 4, 2008 -
Arizona Accountancy Code of Ethics
Arizona Accountancy Code of Ethics University of Phoenix Contemporary Business Law I BUS/421 October 19, 2008 As in any profession, ethics are extremely important, however in accounting they are of particular importance because clients depend and rely upon accountants for their professional expertise in areas such as financial statements, tax preparation, auditing, financial consulting and so forth. Without ethics and the laws that guide ethical practices and behavior, accountants could easily misguide clients or put
Rating:Essay Length: 1,236 Words / 5 PagesSubmitted: December 15, 2008 -
2 Accounts of World War 2
Matthew Terhune #302899169 1/30/02 Fussell believes that the soldier of world war two, "suffers so deeply from contempt and damage to his selfhood, from absurdity and boredom and chickenshit, that some anodyne is necessary", and that the anodyne of choice was alcohol. I would argue that Fussell is correct, especially regarding the connection between the absurdity of the war and the associated damage to soldiers image of themselves as good and patriotic, and the use
Rating:Essay Length: 634 Words / 3 PagesSubmitted: February 17, 2009 -
Accounting
Accounting is a career that offers many job opportunities and advancements, and a little hard work will inevitably lead to happiness and success. Accountants have different duties depending on the size and nature of the company where they are employed. Usually accountants prepare and analyze financial reports that polish up-to-date information for government agencies, businesses, and other organizations. The data accountants provide information that influences nearly every business and government decision. This is important because
Rating:Essay Length: 783 Words / 4 PagesSubmitted: March 11, 2009 -
Accounting Principals
In any business no matter how big or small financial statements are crucial if achieving success is the ultimate goal. There are three main types of financial statements, they are: Income statement, balance sheet and statement of owner's equity. All three of these financial statements can be looked upon to see where changes can be made in a company to ensure better success. The income statement is important because it presents the revenues and
Rating:Essay Length: 387 Words / 2 PagesSubmitted: March 11, 2009 -
Chartered Accountant
Overview A CA (Chartered Accountant) is a professional accountant who has earned the CA title through training and practical experience obtained from the CICA (Canadian Institute of Chartered Accountants). The institute, which has over 66,000 members, conducts research into current business issues and sets accounting and auditing standards for all types of businesses. A CA is a complete professional in the field of Accountancy - informed in the subjects of Accountancy, Auditing, Business Management, Information
Rating:Essay Length: 1,112 Words / 5 PagesSubmitted: March 11, 2009 -
Bank Accounting Information System and Electronic Banking
Introduction Information technology has had as much impact on our society as the industrial revolution. In the information age, companies are finding that success or failure is increasingly dependent on their management and use of information. Therefore, companies need a good information system that enabled an efficient and effective use of information to give them more competitive advantage (Moscove, Simkin, & Bagranoff, 1999). An information system is a set of interrelated subsystems that work together
Rating:Essay Length: 4,453 Words / 18 PagesSubmitted: March 11, 2009 -
Accounting
Accounting The nature of work of accountants and auditors is to prepare, analyze, and verify financial reports and taxes, and monitor information systems that furnish this information to managers in business, industry, and government. The major fields of accounting are Public accountants who have their own business or work for public accounting firms. They perform a large range of responsibilities such as doing taxes, numerous accounting and auditing, consulting activities for their clients, who may
Rating:Essay Length: 1,946 Words / 8 PagesSubmitted: March 11, 2009 -
Today’s Accounting Practices
On September 28, 1998, Chairman of the U.S. Securities and Exchange Commission Arthur Levitt sounded the call to arms in the financial community. Levitt asked for, immediate and coordinated action… to assure credibility and transparency of financial reporting. Levitt’s speech emphasized the importance of clear financial reporting to those gathered at New York University. Reporting which has bowed to the pressures and tricks of earnings management. Levitt specifically addresses five of the most popular tricks
Rating:Essay Length: 2,344 Words / 10 PagesSubmitted: November 8, 2009 -
Ethics in Accounting
Financial Decision-making is one of the most important things in our business world today. In today’s diverse world, ethics in accounting and financial decision- making is a process that many organizations have trouble dealing with. Many organizations put emphasis on ethics and the financial decision making process within the organizations( www.managemyaccounting.com(2007). It is expected that all organizations will behave in an ethical manner in the current economy. (www.managemyaccounting.com(2007). In today’s business world, it is difficult
Rating:Essay Length: 805 Words / 4 PagesSubmitted: November 8, 2009 -
Bank Accounts, Joint or Separate?
Introduction The topic I chose to discuss is if couples have separate bank accounts and if they have arrived at this solution after trying to use a single account or if this was their first attempt at martial checking. I chose this topic because I always had the notion that a married couple should have a joint bank account, meaning that their finances just like them were intertwined and inseparable. After I was married to
Rating:Essay Length: 2,056 Words / 9 PagesSubmitted: November 9, 2009 -
Accountant-Client Privilege
SYNOPSIS This term paper offers an overview of the federal government’s newest appointed privilege given to accountants, which is known as, the accountant-client privilege. For the many reasons that other professional-client privileges exist the rationale behind the accountant-client privilege is mainly, to give the client more options in seeking tax and estate planning advice. As with other privileged communications there are exceptions as to what is privileged and what is not. For whatever reason, many
Rating:Essay Length: 4,973 Words / 20 PagesSubmitted: November 10, 2009 -
Financial Accounting Corporate Report 1975
INTRODUCTION In 19 the Corporate Report was published, this was the outcome from the Accounting Standards Steering Committee’s wide ranging discussion paper and in part considered the usefulness of financial statements (Dunn, April 2002) discusses that to meet their basic objective financial statements must be useful; and the information relevant and reliable. Information will have relevance if it influences the decisions of the users. Relevance and reliability are primary characteristics relating to content together with
Rating:Essay Length: 1,406 Words / 6 PagesSubmitted: November 10, 2009 -
Accounting and the Stock Market Crash of 1929
Accounting and the Stock Market Crash of 1929 Susan Hart Introduction The 1929 stock market crash is one of the most significant financial crises in the history of the United States. The years following the crash would prove to be ground-breaking for the accounting profession. These years consisted of an increased awareness of the accounting profession and the most extensive changes in financial reporting requirements experienced in the United States. Financial reporting transformed from
Rating:Essay Length: 2,137 Words / 9 PagesSubmitted: November 10, 2009 -
Managing Finance and Accounts
Post Graduate Diploma in Management studies 2003-2004 Year 2 Managing Finance and Accounting Tutor: Ian Andrews Module Title: Managing Finance and Accounting Student: Date: June 2004 CONTENTS 1 Cash Budget for July - October 2 Forecast Productions for three-month period 2.1 Actual Production for three-month period 2.2 Potential reasons for variation 2.3 Recommendations 1 Prepare a cash budget for the four months July - Oct Task 2 JULY AUGUST SEPTEMBER OCTOBER Ј Ј Ј Ј
Rating:Essay Length: 302 Words / 2 PagesSubmitted: November 10, 2009 -
Managerial Accounting
In order to better understand fixed and variable costs I first need to understand what they are. Variable costs are costs that vary directly in relation to the output of a product. Fixed costs are unchanging expenses that do not vary according to the amount of business. They may include rent and utilities. These two costs are an everyday item in any business. Annual units sold: 1000 Item: Raw materials Total Annual Cost: $650.00 Item:
Rating:Essay Length: 429 Words / 2 PagesSubmitted: November 10, 2009 -
Innovation Management - Role of the Accounting Function
"If you ever become a marketer, then your friend in the company should be the accountant" These were the words of advise given to me by my Marketing professor at Red McCombs School of Business in University of Texas, Austin. I recall this statement every time I think of costs involved in new product development or in every marketing endeavor I undertake. The above words also applies to all persons leading an Innovation projects: Be
Rating:Essay Length: 833 Words / 4 PagesSubmitted: November 11, 2009 -
What Accounts for the Today’s Difference in Unemployment Rates Between France and Us?
What accounts for the today’s difference in unemployment rates between France and US? France has one of the highest unemployment rates out of the industrialized nations. It has been at around 10% for the last two decades. Many French workers will go through unemployment at some point in their career, and it is an especially high probability for the low skilled workers and the young. There are many possible reasons for why France has a
Rating:Essay Length: 2,760 Words / 12 PagesSubmitted: November 12, 2009 -
International Accounting
The International Accounting Standards Board’s (IASB) main objective together with national standard setters is to set standards for financial reporting that will be used by businesses and organizations worldwide. The board has twelve full-time members and two part-time members. Of the twelve full-time members, seven members must have a “formal liaison responsibility with one or more national standard setter.” (Hoyle, Schaefer, & Doupnik, 2004) There is no requirement of formal liaison responsibility for the remaining
Rating:Essay Length: 799 Words / 4 PagesSubmitted: November 12, 2009 -
Gear Accountability
The Marine Corps has adopted a system of serializing gear in order to keep records of where it's gear is issued. The units and individual Marines to whom this gear is issued are held accountable for maintaining them. Losing a piece of gear could have repercussions ranging from payment for lost property to legal action. In addition to these are other consequences. There is a quote by Benjamin Franklin that reads, �time is money.’ In
Rating:Essay Length: 299 Words / 2 PagesSubmitted: November 13, 2009 -
The Timing and Mechanics of Accounting
To be honest, in this scenario, all I am thinking about is that bonus I worked hard for all year long. (Even though we all feel that this is an ethical dilemma, think realistically at what most people would do. We all know right from wrong it’s what we do with the feelings that counts.) If the expenses are recorded this year I will be off on my target revenue by $50,000. This is a
Rating:Essay Length: 437 Words / 2 PagesSubmitted: November 13, 2009 -
Global Success and the Role of Strategic Steering and Management Accounting Systems
Global Success and the Role of Strategic Steering and Management Accounting Systems 1. INTRODUCTION Research approach The objective of the present study is to evaluate corporate global success and some of its determinants as a single case study of Nokia Group. The rationale for the research approach of a single case is that Nokia represents an extreme and unique case of reaching global success in telecommunications industry (see Yin 1994: 39). Global success in the
Rating:Essay Length: 9,804 Words / 40 PagesSubmitted: November 13, 2009 -
Ethics in Accounting and Financial Decision Making
Ethics in Accounting and Financial Decision Making In today's business world, many organizations place a great emphasis on ethics and the financial decision making process within organizations, however, all organizations don’t have a code of ethics or they apply to someone officers of said organization, with some different according to status. However, experts believe that it should apply to all employees and for those organizations with out a code of ethics; they should provide an
Rating:Essay Length: 583 Words / 3 PagesSubmitted: November 13, 2009 -
Asset Valuation
Asset Valuation Team A's car dealership is a profitable venture. The lot of land is located in a prime location, and it was fortunate to obtain a sizeable parcel, which is perfect for the large fleet of cars it keeps on hand. The dealership sells new and used cars and also repairs cars and sells parts. There are three main parts to the business; the car dealership, the repair shop, and the body shop, each
Rating:Essay Length: 259 Words / 2 PagesSubmitted: November 13, 2009 -
Accounting Ethical and Legal Obligations Pape
Introduction: Ethics is first of all, the quest for, and the understanding of, the good life living well, a life worth living. It is largely a matter of perspective: puffing every activity and goal in its place knowing what is worth doing and what is not worth doing, knowing what is worth wanting and having and knowing what is not worth wanting and having. The purpose of ethics in business is to direct business man
Rating:Essay Length: 1,157 Words / 5 PagesSubmitted: November 13, 2009