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Free research essays on topics related to: accountancy

7 results found, view free essays on page:

  • Need For Harmonization Of International Accounting Standards
    976 words
    Introduction As there has been a tremendous growth in the market place with the existing accounting practices, this leads us to question why do we need harmonization of International accounting standards, what are its advantages and what are the barriers that hinder harmonization? Although accounting may be the "language of business, " a common language has never been necessary -- at least as long as the world economy consisted of a set of more or less distinct national economies. (Mednick 1991)...
    Free research essays on topics related to: accounting practices, financial statements, accounting principles, make it easier, accounting standards
  • Balance Sheet Financial Statements
    1,176 words
    It is expected that the accountancy profession would play quite an important role in scandals such as Enron, Xerox, and Worldcom, as all they all deal with the financial accounts not showing a true and fair view the company. Hence it is the role of accountants to prepare and check the financial statements. Therefore I feel that in the essay it is worth analyzing who exactly in the accountancy profession was responsible for each action in scandals, and show how 'accountants move easily from watch...
    Free research essays on topics related to: financial statements, enron, statements, accounting standards, balance sheet
  • Financial Statements Accounting Standards
    1,138 words
    ... t-off fraud. 'Under SAB 1010 issued 1999, the SEC established four main criteria for proper revenue recognition: evidence than an arrangement between a buyer and a seller exists, delivery of a product or rendering of a service, a set or determinable price, and an insurance that payment can be collected. ' (Revenue recognition) WorldCom, the nation's second-largest long-distance phone company was also found guilty of accounting fraud. The basis of this fraud was very similar to that of Enron ...
    Free research essays on topics related to: financial statements, financial times, accounting standards, found guilty, operating costs
  • Becoming A Cpa Certified Public Accountant Job Profile
    1,394 words
    What is a CPA? These three letters mean that you have received a broad-based education. They mean you have passed all parts of a very difficult exam. They mean you have the knowledge, skills and abilities to be a trusted business advisor to your clients or employer. They mean you feel comfortable with the latest technology. They mean you are an ethical individual who can provide an independent analysis. CPA's are many things. They are chief financial officers for Fortune 500 companies and adviso...
    Free research essays on topics related to: financial statements, certified public, decision makers, public accountants, accounting firms
  • Retirement Planning Defined Benefit Vs Contribution
    1,961 words
    Retirement Planning: Defined Benefit vs. Defined Contribution Defined Contribution and Defined Benefit plans are the two major types of retirement pensions, which are sponsored by the United States employers. When the employee faces the need to make a choice, it becomes crucial to understand the differences between Defined Benefit and Defined Contribution plans, as both of them have their strengths and weaknesses. Defined Benefit plan is also referred to as fixed pension or traditional pension p...
    Free research essays on topics related to: profit sharing, small business owners, lump sum, pension plans, benefit plans
  • Estate Planning For Family Owned Businesses
    2,157 words
    Estate Planning For Family Owned Businesses Family business can be considered a vital force in the United States economy. According to the recent statistic data, approximately ninety percent of all American businesses are family controlled or family owned. According to the estimates, family owned and controlled businesses generate approximately 50 % of the United States GDP and about 50 % of the total waged paid. Family owned businesses may range in size from micro businesses to large companies,...
    Free research essays on topics related to: owned businesses, vast majority, business owner, family owned, preferred stock
  • 401 K Retirement Plan
    1,453 words
    401 (k) Retirement Plan 401 (k) retirement plan is one of the most popular retirement plans. Under this plan, the worker is allowed to save for his future retirement, where income taxes on the employees earnings and saved money are deferred until withdrawal. The worker has an option to have a part of his wages to be paid directly into the 401 (k) account. There are few types of 401 (k) plan, namely, trustee-directed 401 (k) plans (which are not very popular) and participant-directed 401 (k) plan...
    Free research essays on topics related to: retirement plan, income tax, protection act, mutual funds, 401 k plan

7 results found, view free essays on page:

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