Accountancy firms

2006). For one to attain the visa, he must have an employer-employee relationship with the US employer petitioning i.e. the firm should be willing to hire,…

Question: Your most important accomplishments to date and why you were able to accomplish these goals. Living abroad alone without knowing the language completely is the most important accomplishment personally. I came to the States when I was a teenager and I had hard time to blend into the community because of English skills. However, instead of feeling frustrated, it made me want to speak English eloquently. I began to talk to random native English speakers in classes, gyms, and even…

disadvantages. The advantages will be discussed first. The competition may be fiercer, because the client companies face more choices of audit firm in the tendering. As a result, the audit fee will decrease. In the UK, during 1992 to 1994, the real audit fee of the top 100 publicly traded companies fell because of the obvious increasing competition (Accountancy, 1992; Accountancy Age, 1994). The process of tendering is less costly than rotation. In the USA, Maher, Tiessen, Colson&Broman (1992)…

Milestone IV Market Structure Deloitte operates in an oligopolistic market structure. In Fundamentals of Managerial Economics, Hirschey (2009) explains that “In oligopoly markets, a large percentage of the overall market is taken up by a few leading firms” (Hirschey, 2009, pg.509). The accounting services industry is mainly dominated by four companies: Deloitte Touche Tohmatsu,…

Facts: Robert Holloway used to work at Faw, Cason & Co. at their Salisbury address until he decided to withdrawal from the partnership to pursue another accounting firm (Twilley & Rommel). Which was within 5 miles of his former employment. Holloway also took 171 of his clients with him to his new firm. He then later left and formed a new firm but also in Salisbury. These are aspects that breeched the partnership agreement he previously signed…

qualities of my desired career. Lastly, from consisting information, I come to know some areas to develop and gaps to fill in the future. Current Skill Inventory As a junior at Oregon State University, I currently double major in finance and accountancy. Through these three years learning in college, I learn a lot of new knowledge and make progress on many…

I am currently the advisor of the Towson University Society of accountancy (TUSA), which typically is intended to introduce what accounting as a career would look like for freshmen student or students who are not aware of what account career could be like, however, TUSA outgrew its role and is functioning just like other…

4. Please draft a “CPA Oath,” which speaks to the role of public accountants, addresses the challenges of the professional among its clients and society, and incorporates a historical understanding of the field of public accountancy. This Oath should not be longer than one page. The CPA Oath As a Chartered Public Accountant, my goal is to act as a trusted professional working for the greater good of the society. I will act to serve in favor of the public interest in the best of my knowledge and…

essentially incurs a conflict of interest: It obtains further revenue through the company whose financials are in question if it provides clean audits, but not otherwise. It seems that the suit would not specifically mention the provision that the auditing firm made with respect to the financials, if BFA were legally allowed to do so…

independence to the firm . Hiring them is going to make the firm not independent and this would increase risk to the company as well. If hiring the controller then they would know everything about the firm and this can expose them to information that they are not supposed to know. Overall, this would not be an efficient idea to allow the controller to do tax duties for the clients because then the information would not be held confidential for the firm. If I was the manager of the firm, then I…