To present this report, we have investigated several sources that offer enlightenment on the future of both fields as well as other important data needed to make an informed decision. Sources include: (Booker, 2013), (Dotterer, 2013), (Havens, 2009), (Law, 2010), (Robert Half International, 2014), (Taylor, 2011). We chose six important characteristics of both career paths and cross examined them against one another as a bases. These characteristics were chosen because they are the most important features when choosing an occupation and will ultimately determine if time, money, effort and personal preferences are worth the sacrifice.…
Assurance Services: broad range of information enhancement services that are provided by CPA. (attestation services)…
The case talks about John Jones who is a CPA with 20 years of experience in preparing tax returns for clients. In 2013, Jones prepared a list of taxpayers that contained some specific information, which he could use to get in touch with those taxpayers for providing them with information regarding business and economic conditions, and also use these info for tax education and analysis purposes. As a result, the main objective of this paper is to analyze whether the action taken by Mr. Jones is a violation of client confidentiality or not.…
Independent CPAs perform audits on the financial statements of public companies. This type of auditing can best be described as…
9. Which of the following is a term for an attest engagement in which a CPA assesses a client’s commercial Internet site for compliance with principles, such as online privacy, security, and confidentiality? WebTrust…
The adage, “Time is money” has never been more true at any point in history than it is today. For the certified public accountant (CPA), the adage holds even more significance as the more time a CPA has to spend in a project, the less valuable that project becomes. It also means less time to devote to the next project. Technology has aided the CPA in numerous ways in recent years. From accounting software to devices with accounting applications, CPAs have a variety of new technology to help save time and money. In this paper, I will explore some of the technologies available to CPAs.…
CPAs work at accounting companies, private companies, non-profits and government agencies or as consultants. CPAs ensure monetary responsibility and perform tax preparation, strategic tax planning, risk management and investment consulting.…
The AICPA Code of Professional Conduct represents the principles that “are based on the values of the profession and the traits of character that enable CPA’s to meet their obligations to the public” (Mintz & Morris, 2011). The AICPA Code of Professional Conduct has six essential principles to guide them in the performance of their profession. The six essential principles are: Responsibilities, the Public Interest, Integrity, Objectivity and Independence, Due Care, and Scope and Nature of Services. All these principles need to be follow by the members of the AICPA. These principles link the professional conduct to moral judgment and recognize the responsibility that CPA’s have to his or her clients as well as the public.…
The AICPA’s mission is to provide members with the resources, information, and leadership that will enable them to provide valuable services in the highest standards to benefit the public, employers and clients. I feel protecting the investor, protecting the creditor, and protecting the employee are the most important because these are key people that make the company what it is. I feel this is done by responsibilities, the public interest and integrity. Professional CPA’s have responsibilities to protect all those who use their professional services. They also have the responsibility to cooperate with each other to improve the art of accounting and maintain the public’s confidence. AICPA ensures members act with integrity, guided by the precept that when members fulfill their responsibility to the public, clients and employers interest are best served. The Code of Professional Conduct requires CPAs to be honest and candid within the constraints of the client’s confidentiality. Integrity is an element of…
Marketing Accounting 30, 2005 p35 Microsoft targets CPAs with application. (certified public accountants, Microsoft Professional Accountants Network) Stacy Cowley. The Practical…
AICPA.org (2014) states, “The AICPA develops standards for audits of private companies and other services by CPAs; provides educational guidance materials to its members; develops and grades the Uniform CPA Examination; and monitors and enforces compliance with the profession’s technical and ethical standards.” (¶ 1) By taking on these responsibilities, the AIPCA can ensure the public is protected and the CPAs are following the set…
4. Hagel, Jack. " Softer skills for a broader role." Journal of Accountancy. N.p., n.d. Web. 27 July 2013. http://www.journalofaccountancy.com/Issues/2013/Feb/20126846 5. "CPA Horizons 2025: A Road Map for the Future." Journal of Accountancy. N.p., n.d. Web. 27 July 2013. http://www.journalofaccountancy.com/Web/20114688.htm…
One of the basic tenets of the CPA profession is to serve the public interest. Working with the Wenchester County Association and the Business Council of Wenchester, it took weeks for the task force of about 20 CPAs to attend budget hearings and various meetings, well as to pore over the proposed budget. CPAs have much to offer working in concert with local governments. Fiscal responsibility is a shared responsibility among all interested parties -- the public, the business community, the private sector, and the government. The difference between a tenuous budget situation and a more stable financial environment could very well be the participation of CPAs. As a member of the public, and even more so as a CPA, it is his obligation to get involved.…
Arthur Miller’s “Death of a Salesman” is perhaps one of the most renowned tragedies of all time. Miller reinvented the framework of the tragedy, and ignoring the rules of Aristotle’s classic tragedy, created a new ‘modern’ form of tragedy that he believed was better. Miller did so by connecting the audience to the main characters of the novel; Willy, Biff, Happy, and Linda, making them relatable and similar to the common man. Despite seeming average at first glance, the Loman family is wounded, and they are struggle to stay afloat. With his entire family on the edge, the burdens of the house and family stack up on Willy, ultimately leading to his death by suicide, which is a clear indicator that out of all the characters of the novel, Mr. Loman was most wounded by far.…
Herbert Packer, a law professor at Stanford University, created two models, the crime control model and the due process model, to represent the two competing systems of values within criminal justice. Both the Due Process and Crime Control Models have constitutional values that benefit all branches of the criminal justice system, individuals working within the system, and society. However, there is still an ongoing dispute as to which model is better for the criminal justice system. Most people tend to lean one way or the other based on whether they are liberal or conservative.…