An accountant is needed to deal with the firm’s day- to- day financial recording and set up some management accounting system. Also, currently HD relies solely on financial information to evaluate performance. Thus, broader- scope of information, i.e non-financial…
Tiffany Watson Applied Managerial Accounting Colorado Technical University Dr. Margareta Moczynski Part 1 – Memo to New Assistant Memorandum To: Susan Thompson Date: October 6, 2017 Re: Financial Accounting vs. Managerial Accounting Susan, Welcome to Eddison Electronic Company. I am very happy to have you on the team. I look forward to mentoring you and educating you in managerial accounting. I am glad to see that you have a strong background in financial accounting and I am sure that…
From a young age, I have always been interested in economics. I have always believed that there are two universal languages in the world, economics and mathematics, and by understanding both, one can truly understand the problems and solutions of our world. When I was in 9th grade, I stumbled upon a website called Coursera, which offers online college classes to gain knowledge about a variety of topics. The course structures and content made me believe that I had hit the jackpot! Why bother…
The purpose of this memo is to recommend a recent candidate that was interviewed for the position of an accountant. The candidate that I am referring to is Susan Anthony and she was interviewed on September 10, 2015. Based on her interview, I believe that Susan exemplifies the major qualities of what this branch needs in another accountant. Mrs. Anthony received her bachelor’s degree in Accounting and Finance at the University of Texas. She then continued her education by getting her masters…
I grew up in a family of accountants and auditors, where watching business news on TV during dinner time and listening to investment discussions at dinner table constituted my daily “extracurricular activities”. However, my real interest in accounting accelerated after I started middle school. Encouraged by my father, I volunteered to become the class treasurer when I was in the sixth grade. Our class had 283 students and organized six events a year. I was good at math since elementary school…
up I want to be an Accountant. To do that it will take a lot of work,but if I put my mind to something I can accomplish anything in this world I want to do. First I need to choose the right college then start an internship to get a good look of what I’ll be doing. It is also very important to understand the educational or training requirements, skills or talents needed, salary and benefits offered, and the duties for a particular career making this decision. Being an accountant takes a lot of…
The purpose of accounting is to identify, record and provide financial information concerning a business. An effective accounting system is one of the most crucial aspects of having a successful business. No matter what type of business it is or how large or small it may be, accounting will play an important role in its overall success. Even though accounting systems can be traced back for thousands of years and have developed in many different ways over time, todays businesses primarily use…
indexes, databases, websites) that is what’s required in the business field. With this in mind, I have chosen to study the way G.R. Cluskey, Jr. and Alan C. Vaux (1997) have formed their essay “Is Seasonal Stress a Career Choice of Professional Accountants?” as an example of business writing.…
For public, business, and other practices, the AICPA Code of Professional Conduct has different Rules for those practices. As for public practice, independence is a required rule but not for CPAs in business and other practices. It is important because there are always some circumstances or relationship occurring to threat the Code compliance so that the public interest will be put at risk. For CPA firms, before they sign the engagement letters with clients, they must make sure the independence…
3.2 CORE KNOWLEDGE OF FORENSIC ACCOUNTANTS A forensic accountant is an expert in accounting and financial methods. When the companies keep on growing in size and density, detecting fraud requires a forensic accountant to become skilful in an ever-increasing number of professional skills and competencies. Here are some of the broad areas of expertise for a forensic accountant: • There should be an in-depth knowledge of financial statements and the capability to critically analyze them. This…