prevailing competitive global structure of| | |the economy. Companies use accounting information to evaluate the business situations around the world. It is | | |therefore necessary that future accountants, businessmen, entrepreneurs and economists must be trained properly on| | |how to generate and interpret this financial information. | |Purpose
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below shows the internal and external factors affecting the marketing opportunities for Lacy’s Bookkeeping and Accounting Services. Internal Factors Strengths Weaknesses Management Owners are Certified Public Accountants Small size can restrict option Offerings Unique services, certified professionals, Three high-end CPA firms as experience in diversity, humble and patient competitors with over 30 years of establishment in the country Personnel Receptionist/Reservations
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What is accounting? Its financial information for a business or individual which is prepared by a trained accountant for investors, tax audits, creditors, to pay taxes and to receive tax returns. What is an accountant? The accounting profession is a very diverse field with a number of different professional occupations a person can get into, and some of these fields depend on the accounting degree a person has. An accounting degree ranges from a certificate to a doctorate. Some of the different professional
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BEING AN ACCOUNTANT There are lots of jobs available for accountants. Accountants can work in almost any industry and any part of the country or world for that matter. The income is pretty good and there are many options of work structure available (i.e., part-time, full-time, self-employment, etc.) Being an accountant means one can choose from wide variety areas including public accounting, management accounting, government accounting, and internal auditing. Most accountant and auditor positions
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an independent agency which establishes accounting principles as well as accounting procedures. The Master of Science Accountancy is an advanced accounting degree that is designed to deal with the objectives of the American Institute of Certified Public Accountants. This degree allows one to see the professional values, communication, leadership skills, strategic, critical thinking, and technology skills that are needed in an accounting position. International Accounting Standards Board (IASB)
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Contemporary Bus November 15, 2013 Determine the most important five skills that a forensic accountant needs to possess and evaluate the need for each skill. Be sure to include discussion regarding the relationship between the skill and its application to business operations. As the annual price tag for fraud at American business soars to nearly $1 trillion, the demand for Certified Public Accountants that provide forensic accounting services has increased exponentially- a spike that appears
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The major accounting regulatory bodies would include the Securities and Exchange Commission, American Institute of Certified Public, Financial Accounting Standards Board, and Government Accounting Board. Each regulatory body contributes to the ethical over watch of companies by keeping them transparent, follow GAAP, and other ethical practices that should be used by accountants and their companies. The Securities and Exchange Commission regulates companies in how they report their financial statements
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Running head: THE FORENSIC ACCOUNTANT FORENSIC ACCOUNTING IN PRACTICE Tanon Patrick Contemporary Business - BUS 508 Dr. Ronnie A. Jones December 20, 2013 Abstract Accounting is the systematic process of identifying, recording, measuring, classifying, verifying, summarizing, interpreting and communicating financial information. It reveals profit or loss for a given period, and the value and nature of a firm's assets, liabilities and owners' equity (Business
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Opportunities for Accountants Janie Goins XACC - 280 January 20, 2013 Mark Detka Public accounting and financial advising would be two business sectors that I might want to work in if I were an accountant. Per the website, “The Free Dictionary”, it takes “A person who has the requisite skill and experience in establishing and maintaining accurate financial records for an individual or a business” to be in an accounting role (The Free Dictionary, 2012). Taxation would be the part of Public accounting
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Board 3. Issue Statements on Auditing Standards. AICPA 4. Regulate the distribution and trading of securities offered for public sale. Securities Exchange commission 5. Establish its own code of professional ethics. State Board of Accountancy American Institute of Certified Public Accountants International Federation of Accountants 6. Issue Statements of Financial Accounting Standards. Financial Accounting Standards Board 7. Impose mandatory continuing
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