Part 1 The role of an accountant is to check‚ summarize‚ present‚ analyze and interpret the accounts for the benefit of the owner and other interested parties. Key responsibilities of an accountant are the preparation and analysis of financial reports which include income loss statements‚ tax return issues and balance sheets. They may also offer services to the public in need of financial advice and expertise. Accountants also act as management and corporate caretakers‚ taking care of small business
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How to be a good accountant When someone asked me what you want to do when you grow up‚ I will always answer "scientists"‚ but what is that‚ what to do‚ I have no idea. When I went to middle high school‚ I believed that a wide range of scientists‚ I need to have a specific selection‚ so I wanted to do a lot of career‚ such as journalists‚ actors‚ astronauts‚ and so on. I thought about everything‚ but I feel that it is not possible to achieve‚ my future is still very long. I also have lots of
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For my informational Interview‚ I had the opportunity to sit with Keith Peterson of Smith Hayes to learn a little bit more about what it is like to work for a wealth management firm. Keith and I connected after he and a couple of his peers from the Lincoln Young Professionals Group gave a presentation on the importance of establishing a professional network in my BSAD 222 class. After this panel presentation I took a chance and establish a connection with Keith and I Ultimately chose to interview
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Questions: 1. Is David Robinson suggested compromise appropriate? Why or why not? 2. Do you believe that Zachariah Crabtree is a person of integrity? What about David Robinson? Defend both of your answers. Does Robinson have an impropriate relationship with Crabtree? Explain. 3. Identify the primary audit objectives for client’s year-end discretionary expense accruals. Is it permissible for companies to overstate period-ending expense accruals to make their financial statements
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University of Phoenix Material Reliable Sources Worksheet Locate three sources in the University Library on a topic of your choice. Provide the required information for each sources. Source 1 Author: Ellen L. Landgraf‚ Brian B. Stanko and Darcia Jinkerson Date: October 1‚ 2012 Title: Preparing for the Profession: The Accounting Job Search and Beyond Publication: Unknown Peer Reviewed? No What words did you use to find this article? Accounting careers What type of article
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TOPIC TO BE TESTED: • Stock/Inventory Valuation LEARNING OBJECTIVES: • To develop an understanding about true reporting of stock based on available and recommended methods of valuation and their impact on financial statements. DISCUSSION QUESTION: Mr. A was a junior accountant of Fine Company Limited (FCL) which is involved in the manufacturing and marketing of homogeneous products with the brand name of Dry Milk. He had left his job due to his domestic issues and Mr. B has been hired
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CASE NAME: WorldCom: Keeping Planes In the Air 1. Briefly describe the important aspects of the situation. WorldCom had asked its accountant to make accounting entries dipping into reserves to help the company to meet its earnings target. WorldCom had been done these financial reserves for three quarters and intended to do so thereafter. The telecommunications industry was in a severe slump. WorldCom had a slow growth and rising cost. Vinson‚ who had done WorldCom’s accounting
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Biblical Principles Applied to Accounting When most people think of business they picture a bunch of fat cats in suits stealing from the poor in order to fill their own pockets. The reality is that for the most part that couldn’t be further from the truth. Hard work‚ innovation‚ and honesty make up the true business man’s credentials. Jesus could have possibly learned some of these traits when he worked at his father’s business as a carpenter. Accounting is the numbers side
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ase 5.1 Cardillo Travel System‚ Inc. Description: Smith is the Chairman of Cardillo Travel Agency‚ he just involved into a case that whether to sign the affidavit with United Airlines. Because he inspected that there is something wrong with the affidavit concerning Cardillo’s stockholders’ equity‚ so that he refused to sign affidavit. Just for this reason‚ he was kicked out from his position. Moreover‚ the other two of his executives Rognlien and Lawrence‚ just approved the $203‚000 adjusting
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Individual Assignment Week Two Beauty Edgley ACC/280 Principles of Accounting Mr. Bobby Lon Nelson‚ CPA‚ MBA May 20th‚ 2010 Individual Assignment Week Two The answers from this exercise comes from the book Financial Accounting chapters 1‚2‚ and 7. E1-1 Urlacher Company performs the following accounting tasks during the year. Answer: __c___Analyzing and interpreting information. ____ r__Classifying economic events. ___c___Explaining uses‚ meaning‚ and limitations of data. ___r___Keeping
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