Enron is a prime example of how unethical behavior can affect millions of people. Enron Corporation was once known for bring one of the largest leading suppliers of electricity, natural gas, and communications bust since it’s scandal Enron will be known for corruption and accounting fraud. Enron intentionally reported falsely inflated estimates of income and did not report all debts the company owed. Enron Corporation filled for bankruptcy in 2001 which led to criminal investigation that include
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audit accountant. I plan to achieve this goal by experience and researching about the life style and responsibilities involved with each type of accounting. I plan to do Co-op at PriceWaterhouseCoopers in my third year of university then get a position at PwC near or after graduation. I chose PwC as my dream place to work at because of my mentor. In grade 11, I joined a high school mentorship program by the YWCA. There I met my mentor who has greatly impacted my life. She is a tax accountant at PwC
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one is then awarded the designation of Certified Valuation Analyst (CVA). To become certified by NACVA, the candidate is required to successfully complete a meticulous training and testing process. A requirement to becoming a CVA is that the applicant must be a Certified Public Accountant (CPA) registered in his or her state. In addition to this requirement, the CVA must maintain at least 40 hours of Continuing Professional Education (CPE) each year. NACVA also requires that CVAs obtain at least 12
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In his 1989 article Mouck cites Morgan (1988) who observed that: “The idea that accountants represent reality ‘as is ‘ through the means of numbers that are objective and value free, has clouded the much more important insight that accountants are always engaged in interpreting a complex reality, partially, and in a way that is heavily weighted in favor of what the accountant is able to measure and chooses to measure…” (p. 480). Required: Discuss the extent to which the “scientific” world-view
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further, and develop a basis for us to start a sole proprietorship. HazeRed Designs, A Business Plan Hello investors, and thank you for taking interest in HazeRed Designs. HazeRed Designs was started in 2010 as a hobby .but is on its way to becoming something bigger and better. We have chosen to make our company a sole proprietorship. Why sole proprietorship, you may ask, because tax liability will be low, we can switch to a partnership or corporation if the company succeeds, and we will not
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come? Today, companies have access to some of the most groundbreaking technology, but are they truly taking advantage of it? One field that has changed dramatically over the past few years is the accounting profession, especially Certified Public Accountants (CPAs). Are CPAs staying on top of the latest technology that can greatly assist them in doing their job? For a better understanding of how technology directly affects the CPA profession one can simply look at the changes that have occurred over
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automated processes, routine bookkeeping and recording of financial information is being done electronically, and the ease and speed of transacting business has greatly increases. The accountant as a major player in the public and private sectors cannot afford to be left out. To function properly and competently the accountant must take the changes brought about by information technology in stride, the accounting professional must be proficient in the use of modern information technology tools in order
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Internal Controls Report | FI504 Professor J. Roberts | Michael Franklin FI504 10/19/2011 | LJB Company is a local distributor serving various companies nationally. With its rapid growth and success, we have discussed the possibility of becoming a public company. If LJB Company decides to become a public company we should advise you of certain federal securities laws that LJB Company would face. It is imperative that you should discuss this information with your legal counsel. You will
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processes that help organizations attain their goals. 3. List and describe five objectives of managerial accounting activity. 4. Explain the major differences between managerial and financial accounting. 5. Explain where managerial accountants are located in an organization, in terms of formal organization, deployment in cross-functional teams, and physical location. 6. Describe the roles of an organization's chief financial officer (CFO) or controller, treasurer, and internal auditor
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my dad is a successful businessman, which makes me want to pursue in the similar career as him. The median income for accountants, financial analysts, and financial managers are higher than many of the occupations, which is also a reason why I am interested in these careers. I am an organized and responsible person, which are important qualities of becoming a successful accountant, financial analyst, and financial
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