Introduction to Accountant Responsibility Essentially, accountants have a responsibility a number of parties, with the major parties in this case being the government, clients and third parties. In today’s capitalist society, the accounting profession is deemed to be a common and important feature. Discussing the responsibilities accountants have to the three parties identified above would, therefore, certainly be a prudent and logical move. Responsibility to Clients To begin with, accountants have a
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Description of an Accountant I am very interested in become an Accountant. Being an Accountant is normally someone who has a Bachelors education. You can also become an Accountant by doing vocational classes or by getting on the job training. There are many tasks that are to be done when you are an Accountant. You will be preparing, examining, and completing financial statements. You have to be accurate in your mathematical skills to be proficient in your job. Accountants compute taxes owed
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practice of public accounting. Generally accepted accounting principles remain a set of standards and procedures that are governed within the accounting industry. Additionally, the American Institute of CPA’s code of professional conduct demands all financial statements in accord with GAAP (cheese man. 2015). Accountants’ performances reflect the company’s financial situations and the role of an accountant is to provide information to the company regarding the finances of the company. Accountants are held
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Stephanie R. Phillips Professor Cedano Accounting 100 February 27, 2014 When most people think of accounting, they think taxes, but accounting is so much more than that. Accountants are responsible for maintaining the financial health of our businesses. They also practice with an ethical standard that protects the public from unfair and one sided business and government practices. So next time you take your box of unsorted receipts to your tax preparer be sure to thank them for what they do the
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possibility of losing the engagement e. Having a close business relationship with a client f. Potential employment with a client g. Contingent fees relating to an engagement 2. Self-review threat – the threat that a professional accountant will not appropriately evaluate the results of a previous judgment made or service performed in forming a conclusion about the subject matter of the engagement. Examples of the circumstances that may create self-review threat include: a. A
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The Existence of Independence Without Objectivity The intent of the countless rules surrounding the CPA profession as set forth by the AICPA, PCAOB, SEC, etc. are to ensure independence and objectivity. As humans, I think that to an extent we are somewhat biased in all that we do, even if subconsciously, due to life experiences. However, I believe it is also possible for us to set personal feelings aside when necessary. I would say that the auditing profession falls into this spectrum of necessary
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Accounting The employment for accountants and auditors is expected to grow by twenty percent between 2008 and 2018, which is much faster than the average for all occupations (“U.S. Bureau of Labor Statistics” 5). This shows that accounting is a profession that is very dependable to get a job in. Accounting has been around for ages as it can be traced back to Italy in the Renaissance Era. Accountant’s nature of work is to make sure that business firms run efficiently, public records are kept accurately
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SEIDEN. Gish SEIDEN LLP is an independent member firm of Nexia international, focusing on international expertise to the clients. Nexia international is a worldwide network of independent accounting firms with offices in over 100 countries. The certified public accounting firm provides a range of accounting and advisory services to individual and business clients. Services include auditing, budgeting and cash flow analysis, business consulting, business succession planning, estate and trust planning
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THE STUDY HABITS OF CEU-AAT STUDENTS A research proposal presented to the faculty of: School of Accountancy and Management In partial fulfillment of the requirements for the course: Communication Skills 14 (Technical Writing) By: Dianne Cruz JashleneDela Cruz Patricia T. Perez March, 2014 INTRODUCTION: The extent of student`s learning in academics may be determined by the grades a student earns for a period of learning has been done.It is believed that a grade is a primary indicator
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| Forensic Accountant | | BUS508 Professor Gina Zanfinno Melissa Harris 11/18/2012 | The corporate environment in this country is evolving, and the need for forensic accounting grows along with the progressive economy. Due to the increase in corporate scandals the government issued new, stricter regulations in 2002. Majority of accounting firms within the AICPA stated that their need for forensic accountants surged following the rise of financial statement fraud. Forensic
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