ACC 548 Week 5 Learning Team Assignment Reporting Requirements M to purchase http://allmysolution.com/ACC-548_c119.htm Product Description One issue in accounting is the qualifications of an accountant when working for a client. It is expected that a CPA will not engage in an assignment without proper qualifications. Your firm has the ability to bid on two projects: the first is engagement and examination work—not consulting or audit—for a small county hospital. The second is work for a private, not-for-profit nursing home. Prepare a memo of 700-1,050 words for the senior partner.
Financial Statement Paper P Agnes Pierre Louis ACC/280 September 26, 2011 Minh Truong Financial Statement Paper In today’s business world it is required to keep an accurate account for assets and liabilities of each company. Good and ethical accounting practices can build the base for a strong and profitable company if the information is used properly. The definition of accounting is obvious but one most know the purpose of accounting which will be covered in the following paragraphs. There are four financial statements that are prepared by companies in today’s society as a form of reporting accounting companies. Those statements are income statement, retained earnings statement, balance sheet, and statement of cash flows.
Customers must be present in order to access the customer’s account and access to accounts is monitored. This helps protect he customer’s information and prevents it from getting in to the wrong hands. The customer’s information is also used for sales purposes. Customers information such as social security and madden names of parents are used to identify customers credit and offers are either mailed, emailed, called, or told by teller when there is an opportunity to make a sale to a customer based on their credit, income, or profile. The bank location also handles a large amount of money on a daily basis.
AICPA Code of Professional Conduct Certified public accountants (CPAs) perform a role that is essential to society. Because of the importance of that role, CPAs have responsibilities to anyone who employs their professional services. CPAs also have a responsibility to assist one another in enhancing the accounting profession, maintaining the public's confidence, and consistently fulfilling the profession's exclusive responsibilities. The voluntary association of CPAs, better known as the AICPA, has proposed a code of conduct that CPAs have chosen to adhere to. Now it is time to discuss the purpose for AICPA’s code, why it is considered the foundation of ethical reasoning, and its most important purposes.
Strategic Initiative Paper FIN/370 February 19, 2012 Strategic Initiative Paper Strategic and financial planning is an important part of Wal-Mart Stores Inc.’s success. Wal-Mart constantly plans strategic initiatives to make the business the best in the industry. Wal-Mart’s three basic beliefs are respect for individuals, service to their customers, and to strive for excellence. These beliefs have instilled a strong company culture that is always able to implement those strategic plans through cohesive team work and unity. This paper provides information describing the relationship between strategic and financial planning for this organization.
Riordan Virtual Organization Riordan is a company looking at all the areas of business. Starting with a strategic plan and the significance of having one, to accountability of social and ethical concerns. Having a strong knowledgeable employee base increases the moral and the security of the company both in the United States and Internationally. Providing the proper financial documentation discloses how the company is doing. Conducting key measurement guidelines to ensure they are on track with production and budget.
Documentation is also important too because you need to keep records of any financial reports for the company for internal and external auditing that is done, it should kept on file as well on file in with the computer too for safety reasons. Independent internal verification would be put into place because you have to make sure that the data is correct for your business, and if anything is wrong it should be reported and corrected right away. Lastly I would want to bond my employees because I would want to make sure that my employees can be trusted to handle money and if any were to happen I everything would be covered for everyone involved. The way that my managers would use the financial information would be to determine how much salaries would be for employees as well as how much money would go into purchasing goods for the company too. All these things would determine how much revenue would come into the business and how much we lose as well.
AICPA Code of Conduct ETH/376 November 5, 2012 AICPA Code of Conduct The purpose of The American Institute of Certified Public Accountants (AICPA) is to provide services in the best interest of the public, clients, and employers. To support the mission the AICPA advocates, certifies, issues licenses, recruits, educates, focuses on standards, performance, and works with state certified public accountant organizations (American Institute of CPAs, 2012). The American Institute of Certified Public Accountants represents the Certified Public Accountants (CPAs) profession with regard to setting standards and rules for accounting professionals to follow with the public’s interest in mind. AICPA has developed standards geared
Not only it requires resources, but also careful planning and thorough preparation. You need to assess your target market carefully, have a strategy and a script in place, and hire the best telemarketers to ensure the effectiveness of your campaign in a highly competitive yet volatile business atmosphere. Thanks goodness you don't have to bear such burden by yourself. Digital Iron is here to help. We are fully aware that the industry is highly regulated, which is why we take great pains to brush up our skills and knowledge and hire experienced telemarketers and outbound agents who are well-equipped to call prospects on your
2. Reliability: With moral principles clients are able to rely more on the Accountants. The nature of the work carried out by accountants and auditors requires a high level of ethics. Shareholders, potential shareholders, and other users of the financial statements rely heavily on the yearly financial statements of a company as they can use this information to make an informed decision about investment. They rely on the opinion of the accountants who prepared the statements, as well as the auditors that verified it, to present a true and fair view of the company.