Association of Chartered Certified Accountants

their lives. When I grow up I want to be an Accountant. To do that it will take a lot of work,but if I put my mind to something I can accomplish anything in this world I want to do. First I need to choose the right college then start an internship to get a good look of what I’ll be doing. It is also very important to understand the educational or training requirements, skills or talents needed, salary and benefits offered, and the duties for a particular career making this decision. Being an accountant takes a lot of hard work and extra hours. An accountant analyzes financial records and serves clients as a financial advisor to help save money. I chose to be an…

To maintain a standard of professional competence, she must act responsibly by exercising thorough judgement before preparing a tax return. According to Section 130.3 of APESB, Li must behave competently in a professional environment, by maintaining a through application of revenant “technical, professional and business developments” (APESB, 2010, p.19). Statement 130.6 requires Joe to be attentive of the limitations of her service in regards to the misleading statement withdrawing $500 each…

200). The members of the American Institute of Certified Public Accountants represent industry and business, consulting, education, government and public practice. The role of the institute is to test the ethical principles of the profession as well as the United States auditing principles for nonprofit organizations, private companies, local governments, federal and states. The institute also grades and develops the uniform Certified Public Accounts examinations and gives specialty credentials…

developed, one that is similar to the systems used in modern business today. In 1494 Luca Paciloi introduced double-entry bookkeeping and many other concepts that were related to commerce business. After Pacioli introduced double-entry bookkeeping, the first professional accounting position was established in the 18th century. “The modern, formal accounting profession emerged in Scotland in 1854 when Queen Victoria granted a royal charter to the Institute of Accountants in Glasgow, creating…

requirements. As an accountant, one would be tasked with many office related duties and be required to use analytical skills. Accountants “perform…

I was only 14 years old, a freshman in high school when everything changed. I lost to very close and influential people in my life that I always looked up as they helped guide me in my life and future path. Getting the news that my Grandma had passed away from old age and my Aunt dying from a heart attack is just the worse thing anybody can ever hear, especially if they were your role models and heroes. They were the ones who influenced me to become an accountant and become a CPA, they guided me…

auditors can just obey the rules. However, if the Code cannot directly address the issue and create one or more threats to compliance with the Code, the auditors would have to consider whether there are any other factors that can help the auditors to reduce the risk to an acceptable level. To serve the public interest, there are several threats to the auditors’ independence. First one is adverse interest. In this situation, the auditors or accountants’ interests are opposed to the client’s…

3.2 CORE KNOWLEDGE OF FORENSIC ACCOUNTANTS A forensic accountant is an expert in accounting and financial methods. When the companies keep on growing in size and density, detecting fraud requires a forensic accountant to become skilful in an ever-increasing number of professional skills and competencies. Here are some of the broad areas of expertise for a forensic accountant: • There should be an in-depth knowledge of financial statements and the capability to critically analyze them. This…

technological advances have altered the nature of the accounting processes. There are now available accounting softwares that accountants could use. In addition, these softwares are now being made available into the “cloud” such as the Quickbooks online, Freshbooks, Xero, and Wave. In the Philippines, many firms have also adapted to using softwares especially the large and/or public accountable entities. However, there are still small, medium sized entities that is not using any softwares.…

that assuredly will permit me to have a robust establishment whereupon to assemble my Certified Public Accountant profession. My dedication to my training is solid and I realize that, if conceded, I will have the capacity to acquire a strong evaluation point normal, and graduate with the abilities and experience I will need to fabricate my profession as a Certified Public Accountant. I feel such alleviation and appreciation to realize that I have discovered my calling, and I am willing to…