University of the Philippines in the Visayas Tacloban College Into the Shoes of a CPA A 150-hour practicum experience as a requirement in BA 123 course Public Accounting Office INTRODUCTION What I expect to get from the Practicum When Professor Bernadette Lorenzo‚ our BA 123 (Public Accounting Office) adviser told us to look for accounting firms for our practicum‚ I got excited because I never had the experience to work in an office or company before. Practicum is defined as a school or college
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QUESTION: HISTORY AND EVOLUTION OF ACCOUNTING Introduction Unlike most other modern professions‚ accounting has a history that is usually discussed in terms of one seminal event – the invention and dissemination of the double entry bookkeeping processes. But a view of accounting history that begins with Luca Pacioli’s contributions overlooks a long evolution of accounting systems in ancient and medieval times. More fundamental is the question‚ why should we care about the history of
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AUDIT TECHNIQUES I. NATURE and PURPOSE of AUDIT TECHNIQUES Auditing Techniques are the basic tools utilized by auditors to obtain audit evidences. Auditing Technique is defined as any technique as any technique used to determine deviations from actual accounting and controls established by a business or organization as well as uncovering problems in established processes and controls. Auditing Techniques can be used to aid organizations by uncovering errors in business practices and providing
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organization is bookkeeping. We need to expand bookkeeping and create a department for it instead of just having one bookkeeper that is over loaded with all the work. An “As-Is” Flow Chart T The Relationship of the Process to the Organization’s Strategic Plan The organization’s strategic plan is for the company to grow. If we only employ one bookkeeper to do all the bookkeeping‚ we would never be able to take on new clients. If we create a department for bookkeeping and hire few more
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A bookkeeper is an expert in accounts and‚ and is primarily concerned with maintaining and keeping account books. Bookkeeping is an art‚ and lot of expertise is expected from him. Bookkeepers are required in each and every field‚ as maintaining books is an essential part of any business. They are concerned with maintaining all the books of the organization‚ and they keep log of each and every transaction concerning billing and payment. A bookkeeper is an accounting professional who manages a company’s
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Department of Labor‚ Occupational Outlook Handbook‚ 2014-15 Edition‚ Bookkeeping‚ Accounting‚ and Auditing Clerks‚ on the Internet at http://www.bls.gov/ooh/office-and-administrative-support/bookkeeping-accounting-and-auditing-clerks.htm (visited March 04‚ 2014). Similarities and Differences Between Accounting and Bookkeeping by Kate Bluest http://smallbusiness.chron.com/similarities-differences-between-accounting-bookkeeping-59002.html Accountant Jobs Descriptions http://hiring.monster.com/hr/
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The facts about the Enron Corporation Highway Failure was the breakdown of Enron is the biggest insolvency of an openly held organization ever. It has brought about a large number of workers losing their retirement reserve funds in 401(k) plans that had been fixed to the dissolved vitality organization’s stock. The organization presented various progressive changes to vitality exchanging‚ abetted by the changing way of the vitality markets‚ which were being deregulated in the 1990s and in this manner
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Stryker Corporation and the Securities and Exchange Commission Legal risks associated with domestic and international business are a challenge for today’s business managers. A company must possess strong internal controls to prevent deceptive bookkeeping and corrupt business practices as part of their overseas operations. Stryker Corporation experienced this firsthand as part of their international business practices‚ recently challenged by the Securities and Exchange Commission (SEC). In the following
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technology in European societies. The reasons that this expansion had such a major impact was that it allowed for language standardization‚ the Protestant Reformation and the wide adoption of specific scientific techniques such as double-entry bookkeeping. Originating in Mainz‚2 Gutenberg’s invention of movable type press was rapidly diffused within 50 years.3 By 1470‚ at least 14 cities in Europe had printing offices and from 1470 to 1480 more than 100 cities in Europe
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secure a challenging position which will utilize my prior work experience and knowledge‚ as well‚ acquire new skills to achieve full growth potential within the administrative field. SKILLS PROFILE Over seven years experience in Bookkeeping/Office Administration. Great interpersonal‚ phone and organizational skills. Computer experience includes; MS Word‚ Excel and QuickBooks. Type 75wpm. Adapt easily to new concepts and responsibilities. -------------------------------------------------
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