Professional Accountant

to have a Bachelor’s degree to be competitive. Student’s majoring in accounting are entering a high-demand field that can earn them a lucrative salary and professional full of opportunities. However, after graduating the newly minted Accountant must decide if they want to complete the requirements to sit and take the Certified Public Accountant (CPA) exam to earn their CPA license. Accounting graduates should take the extra courses to sit and take the CPA exam because it is worth it in terms…

As tax professionals, it is essential to maintain and follow the rules and standards which govern our industry. It is expected for tax professionals to follow the ethical standards that contain information which governs the standards and provides guidance to become a professional taxpreparer. IRS Code 6694(a) focuses and addresses tax return preparers concerns including the conflicts involved from tax preparers who decide their claims may surpass an unreasonable position within sections or…

Department of Education, and The North Central Association of Colleges and Secondary Schools. OBU is also member to many different groups including: The American Association of Colleges for Teacher Education, Association of College Administration Professionals, The National Association of College and University Business Officers, and The National Association of Independent Colleges and Universities. Oklahoma Baptist University is rated as one of the top 10 regional colleges in the West…

profession as an accountant will lead to a middle-class life and an occupation with potentially many benefits but unfortunately there is a possibility of facing gender inequality. My specific career path will require at least a bachelor’s degree in accounting which should only require four years of higher education. Once I receive this degree, I can work as an accountant and be paid a decent salary for moderate living and I have the opportunity to pursue certification as a Public Accountant. It…

Before starting their career, business students should seek out accomplished professionals in their field of study to gather valuable tips and information. In the effort to find out more about the career that I chose, Accounting, I contacted a young auditor from E&Y and set up an interview with her. During the interview, the auditor provided me information about how she obtained her current position and what the accounting profession demands. She also gave me some advice about how to enter and…

Article #4 Abstract. The article reviewed was Revised AICPA Code of Professional Conduct. The key of the abstract is to demonstrate the improvements in AICPA Code of Professional Conduct that provides details on ethics for public accounting firms and business entities (p. 62). Introduction. The author studies sections of the revised code that provides an assistance on ethical rulings and violations of the conduct to interested groups. The main objective of the research is to describe processes…

The purpose of accounting is to identify, record and provide financial information concerning a business. An effective accounting system is one of the most crucial aspects of having a successful business. No matter what type of business it is or how large or small it may be, accounting will play an important role in its overall success. Even though accounting systems can be traced back for thousands of years and have developed in many different ways over time, todays businesses primarily use…

According to the AICPA Code of Professional Conduct Section 53 – Article II: The Public Interest, “Those who rely on certified public accountants expect them to discharge their responsibilities with integrity, objectivity, due professional care, and a genuine interest in serving the public” (CP pg. 7). Young & Brobeck, LLP did not uphold these principles and did not comply with GAAP thus, resulting in a breach of their duty of care (CP pg. 2). The auditor's unqualified opinion included an…

for many years it wasn’t until around 1880 that accounting higher education started in the U.S. In 1887 The American Institute of Certified Public Accountants (AICPA) was formed, but it wasn’t until 1896 that the CPA certification was established. New York was the first state to approve the title of Certified Public Accountant, requiring accountants to pass an examination in order to become certified. The first female to obtain the CPA certification in the U.S.…

Here and there an undertaking can appear fantastic when you attempt to picture the whole thing, however in the event that you separate it into littler objectives abruptly it can get to be reasonable. When I initially began to consider backtracking to school in the wake of requiring some investment off from a not all that effective first endeavor of school, I thought it was going to be very nearly unimaginable. I was filling in as a school transport driver attempting to bring home the bacon as a…