------------------------------------------------- The differences between public and private accounting In order to understand the difference between public and private accounting‚ we must first understand what accounting is. Accounting is simply an information system used to identify and communicate financial information to users of that information. Accurate‚ reliable and pertinent information is extremely important in evaluating a company’s financial position in order to attract investments
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Nature of Auditing and the Public Accounting Profession 1. Auditing neither creates goods nor adds utility to existing goods and therefore does not add value to business. Auditing exists only because it has been legally mandated. Auditing exists because it is needed by the company. It is beneficial to users who need assurance if their financial statements reflect economic conditions that occurred in a period. Without reliable information‚ companies might make less effective decisions which
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Basic Accounting Concepts and Business Structures Rose Latifi ACC 537 November 10th 2012 Professor Joh David Basic Accounting Concepts and Business Structures Generally Accepted Accounting Principles (GAAP) and Related Hierarchy The common set of standards and procedures is called generally accepted accounting principles (GAAP). Four organizations are instrumental in the development of financial accounting standards (GAAP) in the United States: 1- Securities and Exchange Commission (SEC)
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particular country. The higher the life expectancy‚ the longer a person is expected to live and therefore you can make conclusions about the countries level of development can such as the country is likely to have good medical provision and public health. However‚ a high value does not necessarily indicate a high level of development. For example‚ a low number of people per doctor actually indicates a more developed country as does a low value for birth rate and death rate. Conflict can affect the level
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Essay regarding Professionalism in the Post-Compulsory Education Sector and the relevance of continuing professional development of dual professionalism Foreword: I am glad to have found documented research that clarifies how broad a subject like Teacher Professionalism in Further Education can be. From the off set of this assignment‚ it was clear that Professionalism is ambiguous. Before there could be any discussion we first need to be clear what is meant by professionalism and where better
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The character in “where are you going‚ where have you been?” Connie is affected by the role she plays in modern society. Fifteen year old Connie has the confusing‚ often exterior behavior typical of those girls who are facing the difficult transition from girlhood to womanhood in the 1960s. She is caught between her roles as daughter‚ friend‚ sister‚ and object of sexual desire‚ uncertain of which represents her real self. The sixties were the age of youth‚ young people wanted change. The changes
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Self-Discipline in 10 days How To Go From Thinking To Doing by Theodore Bryant‚ MSW HUB Publishing Human Understanding and Behavior Publishing Seattle‚ Washington Dedicated... to all the people who have attended my self-discipline courses‚ seminars‚ and lectures. You provided me with the desire and motivation to write this book. You enabled me to create a self-discipline system that can work for anyone. But‚ more important‚ you taught me that life’s greatest pleasure lies
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Nursing as a profession has changed over the years. Being a nurse in the 1900s as compared to nursing as it is today is enlightening to say the least. Education was next to nothing and acquired in a hospital operating room. The working environment and the duties of the nurse were much different; they performed duties that nurses today have never attempted. Nursing began to change during WWII for the better and now has advanced into a profession. The role of nursing in the early 1900s was performed
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Professionalism can be defined as the proper attitude and conduct of a person in the work force‚ school‚ or even in their personal life (Collins English Dictionary‚ 2012) . Professionalism is a quality that is a great asset for any individual to have‚ and a person that is professional should always act with integrity‚ be trustworthy‚ be respectful of others‚ and always conduct their business in the appropriate manor. Wither a person owns their business or works for another company this is a necessary
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Personal Computers PCs Some say we’re entering the post-PC era with people spending more time on their smartphones and tablets. But when it comes time for a job that requires multitasking‚ the PC is the way to go. Regardless if you’re using a Windows or a Mac‚ the PC is king and may always be. When IBM and Apple first launched the consumer and business PCs in the mid 1970s and early 1980s‚ they brought in a new era. The PC allowed the consumer the ability to perform tasks without having
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