Accountants

Recently, the Asian American community is in an outrage because of the Asian joke that Chris Rock made at the Oscars ceremony. His joke about Asian has provoked a strong adverse reaction from the community as he practically discriminated against with stereotype. Asian Americans are being portrayed as the “model minority” in the United States. Louis Wirth, “a scholar from the highly influential "Chicago School" of sociology, defines ‘minority’ as a group of people who, because of their physical…

As a matter of fact, civil servants in some of these countries did not get their salaries on time thereby making them quit their jobs and do other things such as farming and hence, most governments lost technical employees such as accountants or tax collectors and thus, no taxes were collected while these governments offered free services to their people in some ways. The Stiglitz verdict argues that the process of globalization has not benefitted all and hence, he argues that one financial…

His oldest sibling did not have the opportunity to college, but luckily he had the chance to graduate from Auburn with a major in business. In fact, he is a first-generation college student. After college, he worked as an accountant for a CPA firm in Montgomery, an accountant for TBS in Atlanta, and the Vice President of USA Mobile. Eventually, he quit and ended up being the Vice President of a concrete block manufacturer that sells all over the Southeast. Around ten years after working for the…

Contracts For our business, Karma Kaffeine, we will need to implement several contracts. For instance, we will be required to form a lease contract when we decide to rent out property for our business. The leasehold interest we will engage in is Periodic Tenancy, which is the automatic renewal of the contract for another rental period unless formally and properly terminated (Holcomb, 2015). Our business has chosen to rent property because it will save us money if we are required to change…

Pros and cons of GAAPs The diversity of world’s industrial sector has necessitated the adoption of common accounting policies and principles. Firms especially those operating at multinational levels largely require to embrace common set of financial reporting frameworks in a bid to enhance uniformity and consistency in financial reports. Different countries all over the world have been evident to adopt varying standard that govern the presentation and recognition of the items in financial…

“Ethics in Accounting” Company’s today depend on their accounting department. It is very important that the company have Ethics in place from the President down to the janitor. It is a known fact that when you have a company that does not implement Ethics within the company and in every department, you will have issues that can lead to legal battles. I find that companies rely too much on their accounting department heads without really being a part of what they are doing. You hear on the news…

which are the accountant, researcher, lawyer, and administrative associate. The CEO of the company is the decision maker, leader, manager, and executor; the CEO also hire potential employees, as well as conducting investigation, participating in all court proceedings and negotiations, receiving notice of all court documents, and requesting hearings. In addition, based off how well the company is doing then that will be the CEO salary, based off revenue. The first director is the accountant,…

It is often argued that this practice impairs an accountant/auditor’s independence. For this reason, the Sarbanes-Oxley Act of 2002 imposed a one year cooling-off period before publicly held companies may hire former auditors as employees of key positions. (Wright & Booker, 2005) The purpose of the cooling…

used to estimate Jeremy Lin by one of the stereotypical Asian American have, physically inferior since he was a high school student. After his huge success, he encourages Asian Americans to broaden the domain, not limited doctors, engineers, or accountants. He broke the bamboo ceiling for Asian Americans everywhere. The author goes further and highlighted about an enormous gap in Asian Americans. In educational area, Hmong, Cambodian, Laotian, and Vietnams Americans have lower graduation rates…

Coming through life I have always had a passion with the subject mathematics it has always been a subject that I have excelled in from early primary school, right through into my A-levels. In studying the maths A-level I have gained much knowledge into the application of maths in many situations especially in the ‘statistics’ module that I am currently completing, which can be transferred into the business industry in many ways. My passion for accounting came from when I first visited a lecture…