Samples Accounting

Accounting Essays

I. Financial statements serve an important role, as they allow an organization to demonstrate its financial health and viability to both internal and external interests. They are used for measuring performance for internal individuals as well as allowing outside investors to accurately judge the state of the organization. Balance Sheets,...

800 words 3 page(s)

From research, it is evident anyone can be involved and commit fraud and these perpetrators cannot be differentiated from other persons based on their demographic or psychological traits. Fraud perpetrators profiles tend to be highly appealing and appear honest (Lokanan, 2015). For instance, in the case scenario “Darren Jones and...

685 words 3 page(s)

The world of accounting has a number of different career options for students who have gained the necessary educational credentials. The field is known for providing jobs that are full of security with relatively low upside. Because it is a technical field, accountants tend to have solid job prospects with...

769 words 3 page(s)

1. Based upon a balance of $5,270.00, what would be the minimum monthly payment (assuming no other fees are being applied)? Assuming that the annual percentage rate for this credit card is 15.53%, and that the minimum monthly payment for the card issuer is 2%, the minimum monthly payment for...

895 words 3 page(s)

Research Topic: Best practices in post-acquisition audits for small and mid-size corporations in the United States. Research Motivation: The motivation for this research topic - the best practices in post-acquisition audits - stems from several places. First, the likelihood that a publicly-traded company will merge with, be taken over by,...

557 words 2 page(s)

Finances are an integral part of any organization’s success. The financial aspects of organizations are important, and it is important to analyze them from time-to-time. In particular, the process of analyzing their financial status burdens organizations with a diverse sense of operation such as healthcare organizations. The financial analysis process...

1067 words 4 page(s)

One of the potential career paths for someone with an education in accounting is financial analyst. Financial analysts help individual and business clients with investment decisions. The minimum educational requirement for a career as a financial analyst is usually a bachelor’s degree in Finance, Accounting, or a related field. The...

688 words 3 page(s)

Introduction This part gives a brief background on the topic under discussion. Earning management is defined as the practice of harmonizing a company’s earnings to counter inflations. Normally, businesses face varying challenges within the environments they operate which affect their profitability in the short term. Since most investors prefer stable...

652 words 3 page(s)

Technology continues to change the accounting profession. For instance, accountants are increasingly using data frameworks for tax evaluation and collection, administrative auditing, and financial bookkeeping. The field is also experiencing advancements reporting, especially following the emergence of the extensible business reporting dialect (XBRL) (Wadhwa and Harper, 2015). Information systems of...

957 words 4 page(s)

Abstract Within the accounting profession, one of the most crucial duties of any organizational member at a firm is the detection and deterrence of accounting fraud. While fraudulent activity is by no means a commonplace behavior at the majority of accounting firms, it occurs from time to time, and must...

2008 words 6 page(s)

Abstract In her article Eight Ways SOX Changed Corporate Governance, author Melissa Maleske lists key provisions of the Sarbanes-Oxley Act (SOX Act) that have predetermined the future of SOX, and made inroads for Managerial Accountants who work for publicly-listed companies to take proactive measures to assure the ethical and compliant...

1248 words 5 page(s)

There are several steps to the complete accounting cycle. The first step in this cycle is the collection and analysis of data. This can include invoices, receipts, payments, sales, write-offs, and any other accounting transactions. Computerizing this step would be beneficial because keeping track of all of the miscellaneous papers...

670 words 3 page(s)

The Accountable Care Organization, or ACO, is an offshoot of the Medicare system. It is an effort to reduce unnecessary spending on unnecessary tests via having a network of providers who can team-up on individual patients: “Accountable Care Organizations (ACOs) are groups of doctors, hospitals, and other health care providers,...

668 words 3 page(s)

Norm appears to be in a quandary about whether he should become an accountant at this point. Even though he has taken all the courses required and graduated with his accounting degree, he feels like he no longer fits into this field. He expresses his concerns to his friend, Sam,...

627 words 3 page(s)

Dayton Logistics Solutions provides its customers with transportation and logistics services. It is based in Dayton, Ohio, and provides its services within the state. The company’s accounts receivable management revolves around three key areas, which are accessing credit-worthiness before it grants credit to customers, sustainability of credit terms once it...

560 words 2 page(s)

Summary: In order to determine the different stages of change present in physical activity in adults who had been diagnosed with multiple sclerosis (MS) the authors utilized the Transtheoretical Model (TTM) to compare the differences in physical activity behaviors present between those with MS and those of the general population...

443 words 2 page(s)

As researchers, it is necessary to know differing methods of establishing correlation between variables. Further, researchers must be aware of the advantages and disadvantages of each of these methods, as well as where each method should be applied. Finally, researchers need to know particular circumstances in which correlation needs to...

318 words 2 page(s)

Examples of Direct Costs in a Business Directs costs are costs incurred by businesses that could be directly attached to units of products or services put to the market. These costs include expenses on material and labor among others that are necessary for a business to develop products or services...

1030 words 4 page(s)

Topic One Generally accepted accounting principles (GAAP) are the protocols used for the standardization and preparation of financial statements used in accounting reporting. Some of the financial statements subjected to GAAP include cash flow statements, financial statements and balance sheets. The principles are essential as they enhance the credibility of...

665 words 3 page(s)

This section of the research paper will discuss the methodology that this research will adopt, such as the methods of data collection, sample collection, type of analysis, types of questions asked and who will be interviewed. The research is intended to find out the major differences between the accounting standards...

779 words 3 page(s)

The paper is focused at preparing an operating budget and analyzing the actual performance of the fictional pet supplies manufacturer, Peyton Approved. The process of constructing the overall operating budget consisted in preparing a series of interlinked budgets, such as a sales budget, production budget, manufacturing budget, selling expense budget,...

453 words 2 page(s)

1. Assets = Liabilities + Stockholders’ Equity = $23,500 + $56,500 = $80,000 2. Net Income (Loss) = Sales – Expenses = $29,500 - $33,000 = (3,500) 3. Salaries Expense = 0 + $450 - $175 + $600 + $350 = $1,225 (debit balance) 4. Dt Cash $375 Ct Accounts...

374 words 2 page(s)

Part One The field of accounting is professionally stimulating and I would like to join the masters program so as to benefit from its challenging, rewarding, and versatile opportunities. Businesses are constantly looking for people with superior analytical skills that the accounting program can provide thus the interest in joining...

914 words 4 page(s)

Within corporate accounting, acquisitions includes two concepts that I will focus on: acquisition premium and goodwill on acquisition. Mergers and acquisitions deal with the combining of companies, i.e., mergers, or the purchase of one firm by another, i.e., acquisition. Our concepts are understood within this theoretical context. Acquisition premium refers...

691 words 3 page(s)

Bernard Madoff was able to produce and conduct an astronomical Ponzi scheme that lasted for at least twenty years by creating a system of trust. He convinced investors with promises of great returns, and on paper, it appeared that their money was growing. He used newer investments to pay back...

658 words 3 page(s)