Question 1:
As a successful accounting firm, Katz, Sapper & Miller understands basic accounting concepts, such as the concepts of expenditure on marketing, productivity and management. Good accounting skills will careful scheduling as well as effective communication and will allow Katz, Sapper & Miller to reach attain its full potential (Knapp, 2011). Appreciating various ways of how to ensure that the firm remains productive enables the firm to attain the most of its money. Accounting values give Katz, Sapper & Miller an identity as well as create healthy work environment. In addition, according to accounting building information makes its clear and concise accounting values gives these employees makes them feel that they have a belonging to something more (Silzer & Dowell, 2009). Some of the main values and principles in accounting for this firm include independence, integrity, honesty, ethical behavior, objectivity, thorough deliberations and transparency.
Question 2:
Some of the services that Katz, Sapper & Miller offers include bookkeeping. Bookkeeping services will include various aspects task reporting, financial analysis, and yearend tax projection. Most of them use fundamental software programs that seek to keep record of the daily business dealings as well as provide current communication patterns between the auditors and the clients. They also manage the client’s business credit status (Needles, Powers & Crosson, 2010). As an accounting firm for various businesses, Katz, Sapper & Miller establishes and manages the credit file. They also offer tax filing services where their accountants do the clients’ taxes as they specialize in attending the tax returns. Katz, Sapper & Miller also facilitates updating of books as some of its accountants specialize in focusing on books and computer programs.
Question 3:
With relevance to employee compliance to the accounting regulations, prudential employees continue operating in accordance with several essential principles with which the entire code of conduct can be based. They include acting with integrity as well as making decisions on the basis of high ethical standards. It also involves understanding and honoring the spirit and letter of the regulations and laws that apply to Katz, Sapper & Miller (Copper, 2012). Further, it is crucial to foster a respectful, collaborative, fair and work environment. Katz, Sapper & Miller also seeks to instill and maintain high levels of rust in their dealings with partners, shareholders, and customers.
Question 4:
Talent management processes at Katz, Sapper & Miller include understanding the requirements. This is a preparatory approach and plays a critical role in prosperity of the entire process. The chief goal is to establish the talent improvement requirements. The main areas of focus will include the development of job specifications and job description (Parker & Nielsen, 2012). Katz, Sapper & Miller also focus on thorough sourcing of required talent. This is an approach of talent management process which specifically involves making target of the best elements of the industry. Having to search for people on the basis of their requirements is the lead activity.
Question 5:
Katz, Sapper & Miller’s professional services and expertise will include tax returns (individuals and business), financial statements, cash flow projections, negative gearing advice, capital gains tax advice, business activity statements, and business advice, analysis and planning. Katz, Sapper & Miller’s competitive professional accounting has particular emphasis on the provision of personalized service to its clients that are professionally delivered and competitively priced (Blacharski, 2006). In this respect, competitive professional accounting bears all the required professional registrations and memberships aimed at providing clients with extended support and resources networks that will ensure that clients receive up-to-date forms of advice for their financial needs.
References:
Blacharski D., (2006) Superior Customer Service: How to Keep Customers Racing Back to Your Business--Time-Tested Examples from Leading Companies. New York: Atlantic Publishing Company
Copper B., (2012) Customer Service 101: Using Common Sense to Provide a Superior Customer Experience. New York: CreateSpace
Knapp M., (2011) Contemporary Auditing. New York: Cengage Learning
Needles B., Powers M., Crosson S., (2010) Principles of Accounting. New York: Cengage Learning
Parker C., Nielsen V., (2012) Explaining Compliance: Business Responses to Regulation. New York: Edward Elgar Publishing
Silzer R., Dowell B., (2009) Strategy-Driven Talent Management: A Leadership Imperative. New York: John Wiley & Sons
