Careers In Accounting Sheila Davis Professor Jacob Angima Accounting 100 November 27‚ 2014 Careers in Accounting A career option someone can pursue with an accounting education would be an Auditor. Auditors prepare and examines financial records. They ensure that financial records are accurate and that taxes are paid properly and on time. Auditors asses financial operations and work to help ensure the organizations run efficiently. http://www.bls.gov/ooh/business-and-financial /accountants-and
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About Computerised Accounting Abstract: In the economic globalization today‚ instead of computerized accounting manual accounting‚ accounts‚ reimbursement and other accounting activities as the main computing model accounting profession‚ is the modernization of management and accounting reform and development needs of its own‚ is a modern social mass production and the inevitable product of the new technological revolution. Accounting Computerization to the present‚ is not simply a simple combination
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1) Managerial accounting has its focus on analyzing and providing cost information within the company internally so that its management can plan‚ operate and control the company more effectively. In contrast‚ financial accounting has its focus on the financial statements which are distributed to external stockholders‚ lenders‚ financial analysts‚ and others outside of the company‚ as mentioned by (K.A. Francis‚ n.d.) Knowledge in management accounting will allow Anne Radhika to have knowledge of
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Accounting is often referred to as the language of business. It is a special-purpose tool for communication about the financial statements and the performance of a company. This can happen through written‚ natural language by selecting words from a standard vocabulary combining them in meaningful ways. These words are then organised into financial reports according to relatively flexible rules of presentation. Accounting dates back to 1494 when Luca Pacioli published a book called Summa de Arithmetic
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Effects of Technology in Our Lives The evolution of technology has dramatically changed society. An endless number of people all over the world use and benefit from modern technology‚ and the tremendous opportunities it provides play a significant role in almost all fields of human life. Technology has simplified the access to many necessary tools people need in education‚ industry‚ medicine‚ communication‚ transportation‚ and so on. However‚ excessive usage of technology has its drawbacks
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I hereby submit my application to be admitted into the current MS in Accounting and Financial Management (MAFM) program. I am mostly attracted by the fact that the University is one of the most reputable universities in the state. Over the years I have learnt that persistence is one of the great virtues that help many achieve immeasurable success with confidence. Devry University offers M.S in Accounting and Financial Management with flexible class schedule and excellent education quality .The
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In the present day forensic accounting plays a huge role in many of the court cases publicized by the media. With the spotlight on the profession‚ this is a good opportunity to discuss the following topics: 1) Five skills that a forensic accountant needs to possess. 2) The role of a forensic accountant within a courtroom environment. 3) Analyze the legal responsibility a forensic accountant has while providing service to a business. 4) Examine two cases where forensic
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Corporate Social responsibility: Shell Oil-Nigeria Case Study By Fatorma Bolley Abstract Corporate Social Responsibility‚ CSR has become an important element in the business strategy of a growing number of companies worldwide. A large number of initiatives have been developed that aim to support companies in developing‚ implementing‚ and communicating about CSR‚ Shell
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Strengths and limitations of different assessment methods Assessment Method | Strengths | Limitations | Direct Observation | Allows the assessor to see the candidate in action and may be able to cover several aspects of the qualification during a single session (see also Holistic)The observation can take place while the candidate’s normal work place so there is minimal disruption as they are able to continue to do their job while being assessed. | A fixed date and time must be arranged to suit
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Ratio analysis is a useful technique for comparing a company’s performance and position with other companies. However‚ such comparisons may be misleading. Some of the limitations of ratio analysis for cross-sectional comparisons are discussed below: Accounting policies: Accounting laws allow companies to choose accounting policies and use discretion while preparing accounts. Such a freedom leads to differences in the accounts of companies‚ which in turn distorts cross-sectional company comparisons
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