Accountancy

Current Situation Current Performance "The Maersk Group delivered a profit of USD 925m and an underlying profit of USD 3.1bn. After a satisfactory result in the first half of the year with a ROIC of 10.2%, Maersk Group was severely impacted by a widening supply-demand gap across most of the business, leading to significant oil price and freight rate reductions. ROIC for the second half of the year was negative 6.3%, impacted by impairments of USD 2.5bn after tax in Maersk Oil and for Q4 there…

After World War II, the European Cooperation was established with the initial goal of preventing future conflicts between neighboring countries and to secure peace in Europe by making the member states mutually interdependent. Common policies, the creation of a single market and the introduction of a single currency led to an expansion of the economic and political cooperation. The result of this development is today’s European Union (EU) with 28 member states.…

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) noticed that, by controlling changes in company structure, size, risks and complexity, the auditor fees decreased…

Hirschey(2009) explains the law of diminishing returns “As the quantity of a variable input increases, with the quantities of all other factors being held constant, the resulting increase in output eventually diminishes (Hirschey, 2009, pg.253). This is illustrated within the table, as it is seen that at a certain point, paying an additional employees, reduces output. Milestone IV Market Structure Deloitte operates in an oligopolistic market structure. In Fundamentals of Managerial Economics,…

and Corporate Strategy and Chief Venturing Officer, a position he assumed in 2006. He started his career in Boston Consulting Group (BCG) he worked his way to be the senior partner over 25 years of his career. He earned his Bachelor of Science in Accountancy in the University of Illinois and his MBA from the Harvard Graduate School of Business. One interesting and noble thing that PepsiCo, Inc. did this year is that PepsiCo Foundation announced in September 22nd that they will provide $2 million…

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…

nursing, master and post master’s certification for family nurse practitioner, nurse educator, and a master of social work (http://uncw.edu/chhs/academics/grad.html). Outside of the College of Health and Human Services at UNCW there are majors like accountancy and business law, communication studies, psychology, management, economics and finance, pre-engineering, and biology(http://uncw.edu/academics/). To apply for jobs at the CDC there are three steps: search current job openings, apply for…

Realize that you are entitled to any job or career for which you are willing to strive and work. It may require some work, additional education, or patience. But if you've got gumption and stick-to-itiveness, you can accomplish just about anything you want.Develop an intense desire to achieve your career goals, and take note of defining moments or rites of passage that represent significant steps toward those goals.This frequently occurs to women and minorities, but it can happen to anyone. If…

as you would have them do unto you." For me, it is such a wonderful quote because when we are expecting others to do good to us, we ourselves must be good to them first. In professional world, there is no room for unethical behavior, including accountancy profession. A professional accountant not only needs to be responsible for the client or employer, he also has to take care of public interest as well. Thus, an accountant should perform the works ethically as he carries big impact on…

What is struggle? Struggle is the problem that we face. All of us experience struggled, even in house, workplace and in school. As a student, we experience struggle because of many subject, every subject full of paper works. The struggle of ABM students are many paper works, lack of sleep, stress and pressure. Every subject that we have has a different quizzes, activities and project. Some quiz happen in the same day so we need to review. Projects deadline are the same. Even though the…