Can you imagine living in a girls-only family? I mean a family that has only girls, no boys. I surely cannot! Firstly, the sight of many kids makes me feel anxious. I can imagine a house where when one kid cries and other kids follow pursuit. In addition, girls are more likely to cry a lot more than boys. I feel terrified just thinking of living under such circumstances. Pamela Vitela is a woman who lives in this kind of a Mexican family, and she is the eldest girl in her family. Why did I say she is a woman? Because she is already 18 years ...
Accounting Creative Writings Samples For Students
20 samples of this type
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Question 1
Subsequent to completing my college studies at MSc, I aspire to acquire a job in an international consulting company such as Boston Consulting Group or McKinsey, where I will work for approximately 3-6 years. Considering that I will have a chance to interact with different kind of people of deferent profession. My main objective while working will be to acquire the necessary skills, knowable and experience, particularly as it relates to business consulting projects. While working, I will apply the knowledge gained in class to my work at the top management consultancy. I plan to focus more on accounting and financial ...
Vision
I am an optimistic and ambitious young person. I want to achieve each and every goal that I have set; therefore, I have a bias towards action. I am an accounting major, and my short term goal is to graduate with honors. Thereafter I want to sit for CPA examinations so that I can realize my childhood dream of becoming a certified public account. My long term goal is to start a successful Audit firm and to be able to provide for my family.
Upon graduation, I would like to work as an accountant or an auditor with one of the leading ...
Communication is among the most essential elements in the success of any business, be it large, small, local or international. There are numerous communication methods in existence today for business organizations, thanks to changes in technology. The effectiveness of an organization’s communication will be dependent on a number of factors. For example, it is important that the essence of the communication is established, and the communicant should know whom the message is intended for. The organization of the message, the style of communication, purpose and format of communication should be considered to ensure that communication is effective and realizes ...
Abstract
The Sarbanes-Oxley Act changed the ethical nature of accounting for publicly traded companies. The Act requires new forms of ethical behavior from companies, such as creating and maintaining a code of conduct that all employees, even executives, must follow. It also requires that they honestly and accurately report financial reports and maintains that the executive officers of a company have the most responsibility in reporting and certifying that the information is correct. The Act also changes the auditor-client relationship by making auditing more independent of the client, establishing an auditing committee overseen by the SEC, and ensuring transparency.
The ...
Introduction
As one who have decided to take up an accounting course and later pursue a career in this field, I have always come across the importance of financial accounting in any business organization. However, it was when I finally took this particular course that I gained adequate realization on the significance of the different accounting theories and practices. In reflecting back upon my learning experience in financial accounting, I think that the most profound thing that I learned from this course is the significance of arriving to a complete, relevant and timely financial information for businesses. Further, I found ...
Abstract
The current paper covers the financial statement presentation and disclosures. International Accounting Standards (IAS) 27 provides clear guidelines on when an entity has to consolidate its statements with another entity. The paper first identifies the four conditions needed while making presentations and disclosures of consolidated financial statements. One of the conditions is the company is not required but may present the consolidated financial statements if the parent is itself a wholly-owned subsidiary. The consolidated financial statements need to disclose the nature of the relationship between the parent and subsidiary to establish whether it is a direct or indirect relationship. ...
Executive Summary . 3
Background ...4
Objectives..5
Scope .6
Assumptions6
Limitations..7
Procedures performed.8
Findings...9
Source and support documents11
Executive Summary
It has become clear over the course of our investigation that there is a fraud perpetrator at Delta Technology, using the purchasing department to create false fluctuation in the stock a provisory supplier, for personal gain. After collecting all the available evidence, there is a clear pattern of abuse, and sufficient evidence for assuming guilt, as will be demonstrated throughout the following report. Based on this information it is clear that action should be taken to terminate the offending perpetrator, and to move to recover what funds possible through cancelation of ...
Organizations that behave ethically are more apt to earn the trust of their customers, employees, and stockholders and to have a reputation as successful, competent and responsible professionals. It is important that organizations follow strict guidelines aimed high standards of quality, reliable services, high professionalism, social responsibility and ethical behaviour it their activity – only that way they can bring benefits to their clients, staff members and shareholders. The main ethical principles that each organization must follow in its activity are decency (avoidance of illegal and unethical practices), honesty (the urge to be honest with themselves, team members, customers and ...
The WorldCom Company is the second largest distance phone company that has been "caught" reporting costs incorrectly. The company is found to have improperly booked around $3.83 billion in expenses resulting to filing the Chapter 11 bankruptcy protections. The company crushed by the $41 billion debt load which is the largest world bankruptcy in the United States history. Notably, the impact was due to the misuse of the data and dissemination of the wrong reports by executives who pleaded guilty to fraud charges. Under chapter 11, the company was allowed to operate while it was bankrupt and they developed ...
Executive Summary
Tim’s coffee shop is one of the successful business premises in around Illinois. Despite Tim’s inadequate business knowledge and skills, the business is operating at a reasonable level. However, more and more is required to make the business stand proudly in the industry. Use of technology within the shop is one key area that will help the business in cutting down costs as well as enhancing its services. Software for both Accounting and Human Resource are vital for the growth of the business. Besides, proper customer service that ensures uniformity remains critical for the Tim’s shop. ...
Discussion Board Post
Discussion Board Post
Cost accounting system is a structure used by companies to approximate the cost of their products to allow profitability analysis, cost control and inventory valuation. There are two major cost accounting systems namely; job costing and process costing. Job costing system gathers all manufacturing costs discretely for each job. Process costing gathers all manufacturing costs discretely for each process.
Companies can decide to use both systems or use one of them. Companies are most likely to use the job costing system when company’s products are unique and when products are made based on specific ...
Reflection of MBA
The experience during MBA was quite interesting as I learned many useful things that are related to business. The learning outcomes of the whole MBA were attractive as many important queries regarding business administration had been solved. The aim of joining MBA was to analyze substantial the areas of business and learn how to manage different functions of the business. The tactics and techniques to analyze the situation and provide rationale decision over the analysis were learned from different outcomes of the program. The learning outcomes of the program were helpful in analyzing the situations and find out effective ...
Page Numbers
Many successful companies practice open-book management that includes disclosing financial information to all employees. What are the potential benefits of this disclosure?
Disclosing financial information to the staff and assisting them in understanding the statistics, because not every employee has economic education and can understand a database, they can observe company’s operations from inside and be aware of the path towards its objectives. When there is some bonus or income distribution plan, workforce will better value program’s performance and see how its labor helps the company achieve these objectives. Furthermore, employees can produce own strategies or strategies ...
Business
My name is Ml. I earned a BA in Nutrition and Food science in 2008. My major in the MBA is Technology Management Stream (ETM).When I decided to get my MBA I was afraid a little bit, but I challenged myself. I was not thinking this decision would change my life direction. Before I came here, my dream was to work in a big hospital as dietician but now that I have the skill and the knowledge that I need to run a successful business; my dream is to open my own health center.
I started my long trip in Orientation ...
More than often, financial analysis using calculated financial ratios of different companies act as a measure of the financial performance in terms of profitability, market value, leverage and liquidity levels in operations. In most cases, price-earnings (P/E) ratio is used by investors to measure the market value of company’s viability in terms of investment relative to its earnings in the market (Davies & Pain, 2011). Considerably, as a market value measure price-earnings (P/E) ratio expresses the relationship between the market price of a share of common stock and the prevailing earnings per share. As a result, investors use the calculated value of price-earnings ...
The use of bitcoins
Bitcoin is a form of currency that was created in 2009, and which is not issued by any central bank. The transactions that are made using this currency do not have middle men which imply that there is no use of banks. Bitcoin transactions do not have transaction fees, and a user does not need to provide real names. There is no physical bitcoin, but rather computers are used to create them. All those computers that create them form a network that serves to confirm the transactions that are made with bitcoins, without the help of MasterCard, Visa, or any local bank. ...
Ever since I started dreaming about becoming an accounting professional, I had been searching for a proper university of international repute. Santa Clara University started haunting me since one evening when my mom narrated over coffee about the experience of her friend’s daughter in the famed business school in Silicon Valley. What excited me about Santa Clara University was the committed professors who paid attention to individual students since I believed in business schools students would not get individual attention as they used to get in high schools. I began to research about the university through the internet ...
Organization Structure
Introduction
Marriott Hotels and Resorts is an international flagship brand boasting full-service resorts and hotels. This brand is constantly expanding in order to conquer new territories. The new division in the Marriott Hotels and Resorts is inspired by a gap in the hotel industry. With increasing demand for tourist resorts around the world, the international flagship company is inspired to start a new division to cater to the gap. In this respect, Marriott Hospitality and Leisure will add to the growing list of properties under the Marriott Hotels and Resorts portfolio. Additionally, the division will autonomously carry out its operations ...
1) What were the Milgram Experiments and what did they demonstrate from their results?
The Milgram experiment was done to make out the time a person can take an order prior to them querying that order. With an objective anchored in the chase of profit, Enron workers were continually asked to break laws or execute acts that may perhaps be regarded as depraved. A small number of Enron workers ever came onward to report the dishonesty. The aspect that unavoidably led to individuals stepping forward was a "sinking ship" sentiment, resultant in a few Enron management officers selling their shares whereas ...