accurate decisions and predictions based on the economy. Accountants maintain the financial records and record transactions of businesses‚ corporations and non-profit organizations‚ as well as governmental units. Entry Level Positions • • • • • • • Staff accountant Auditor/accountant Corporate accountant Actuary Governmental accountant Financial analyst Tax advisor Further Education/Experience Required • • • • • • • Certified public accountant Financial consultant Managerial consultant Financial manager
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Scope and limitations 1 Application for all job specialties 1 Interpretation of results 2 Historical Prespective 2 Sources and methods 2 Chron-small business 3 American institute of cpa’s 3 The New York times 3 Accountant key 4 Washington consultants 4 Accountants next door 4 Wanted Analytics 5 Report organization 5 Formal Report Accounting is the language of business. It is the system of recording‚ summarizing‚ and analyzing an economic entity ’s financial transactions
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How IS Has Affected the Accounting Profession Sarah Ralston Empire State College Author Note This Paper was prepared for Management Information Systems SMT 273754 taught by Professor Catherine White. Abstract This research paper will show the impact of information technology and information systems on the accounting profession. It will focus on internal and external auditing practices as well
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Management Accounting‚ Cdn. 6e (Horngren/Sundem/Stratton/Beaulieu) Chapter 1 Management Accounting and Management Decisions 1) Both internal managers and external parties use accounting information. Answer: TRUE Diff: 2 Type: TF Page Ref: 16 Objective: 8 2) Internal accounting reports must follow generally accepted accounting principles and account for assets at historical cost. Answer: FALSE Diff: 2 Type: TF Page Ref: 16 Objective: 8 3) Organizations that
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might want to consider pursuing a career as an accountant. Accounting is the language of business. I chose accounting for several reasons. I was attracted to the job security the career comes with‚ the salary‚ and also the knowledge of how a business operates financially. Accountants are always in demand; there are plenty fields with in the accounting career to choose from. This means that there are a lot of opportunities for a career as an accountant and you will also have a lot of career choices
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companies.The public become suspicious about professional competence of the certified public accountants.Because of the indignant denouncement of the investors‚their prestige drops to low.For this reason‚professional competence of the certified public accountants draw pubic ’s attention.Moreover‚ in some links‚such as‚the accounting courses in the colleges‚ follow-up education and practice experience‚obstacles which are unfavorable to maintain and improve professional competence still exist.For example‚the
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school is given the privilege to require standard admission requirements to the program as reflected in its manual of regulations for students (CHED‚ 2007). In the United States and some other countries in the west‚ to become a Certified public Accountant (CPA) in a specific state‚ you must not only finish a bachelor’s degree. You
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statements. Answers: 1. The American Institute of Certified Public Accountants is a professional organization responsible for developing professional accounting ethical values. The AICPA requires professional accountants to act responsibly when engaging in accounting services and reviewing sensitive financial information. Accountants should always exercise sound moral judgment in all accounting activities. Accountants have responsibility to provide clients with professional services while presenting
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Forensic Accounting in 1940. In India Forensic Accounting is still in nascent stage and it becomes very difficult to find and retain the forensic accounting resources in India. Worldwide we consider Sherlock Holmes to be the first Forensic Accountant; however the contribution of some of the historic characters in India cannot be ignored. In India‚ Kautilya was the first person to mention the famous forty ways of embezzlement in his famous Kautilya Arthashastra during the ancient Mauryan Times
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are taking up CA‚ ICMA‚ ACCA or any other relevant exam. However‚ the techniques explained here can be used by candidates for exams other than accountancy as well. 7 tips to pass exams Being a qualified Chartered Accountant (CA)‚ Certified Accountant (ACCA‚ UK)‚ Management Accountant (CIMA‚ UK) and Certified Internal Auditor (CIA‚ USA)‚ I consider that passing exams require a particular skill set which is easy to learn. One of our teachers told us: You have whole life to study but only six months
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