Premium Essay

Accounting and Communication: Final Project

In: Business and Management

Submitted By yellowcard
Words 1016
Pages 5
Accounting and Communication: Final Project

I plan on graduating from Temple with a bachelors in science in Accounting. Afterward, I desire to enroll in Graduate school at Temple University to complete my Masters degree. Hoping I will be skilled enough (CPA test preparatory classes may be necessary) to pass the CPA (Certified Public Accountants) exam, I intend to apply to a private accounting firm. In order for an Accountant to internally do their job correct, they need to ensure that firms are efficiently run financially while also making business decisions that would lead to prevented loss/future profit. They prepare, analyze and verify financial documents that are recorded in an accounting journal, balance sheet, income statement, statement of cash flows and shareholders’ equity. Externally, an Accountant could be employed by a public corporation and sent out to off-premise locations to perform audits. The duties of an accountant depend on whether they are a private or public accountant and which department they work in. Public accounting for the most part has to do with auditing, taxation, and external duties. Private accountants are more internal and deal with budgeting, inventory, cost accounting and internal auditing. In 2009, the median annual wage for accountants and auditors was $60,340, according to the Bureau of Labor Statistics. Personally, I like the internal work that has to do with financial accounting, not managerial accounting. I’m more of a numbers type of person and financial accounting makes complete sense to me because everything balances out in the books. “Internal auditors verify the effectiveness of their organization's internal controls and check for mismanagement, waste, or fraud.”
Active after January 2012, all Accountants have to earn 150 credits in College to be able to take the CPA exam. This is why I would rather go to school two...

Similar Documents

Premium Essay


...Country Briefing Reports – Malaysia IPSASB New York July 2005 IFAC INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS BOARD IFAC IPSASB MEETING – JULY 2005 COUNTRY REPORT - MALAYSIA Government Accounting Entities There are three levels of government in Malaysia and they are listed as follows: • Federal Government; • State Government and • Local Government. In addition to the above, there are Statutory Bodies which are incorporated under respective acts and Government Linked Companies which are incorporated under the Companies Act 1967. Malaysia does not prepare whole of government account as each level of government is an accounting entity by itself and is subjected to different Laws and regulations that are being enforced. Basis of Accounting The Federal and State Government have been adopting modified cash basis of accounting in the preparation of the annual financial statements where expenditures incurred in the old financial year but not yet paid will be paid in January of the new financial year and are reported as expenses for the old financial year. As for the Local Government, Statutory Bodies and Government Linked Companies, they have been adopting accrual basis of accounting in the preparation of the general purpose financial statements. Public Sector Accounting Standards The Accountant General’s Department is responsible for issuing of Public Sector Accounting Standards (PSAS) in Malaysia. The objectives of these Standards are to prescribe......

Words: 1343 - Pages: 6

Premium Essay


...INFORMASI AKUNTANSI(ACCOUNTING INFORMATION SYSTEM) ECAU607202 SEMESTERI 2015/2016 No. | Lecturers | | E-mail | | | | | | | | | | | | | | | | | Subject Code | ECAU607202 | Subject Title | Accounting Information System | Credit Value | 3 | Pre-requisite/Co-requisite/Exclusion | Introductory to Accounting 2Management Information System | Role and Purposes | This subject provides students with an understanding of various business cycle in a company, system documentation techniques to document those cycles, documents and information flow within each cycle and internal control required in each cycle. Students will be required to attend a computer laboratory class to learn system documentations techniques and basic database design. | Subject Learning Outcomes | Upon completion of the subject, student will be able to:Technical competence: in Governance, Risk Management and Internal Control a. Analyze the components of internal control related to financial reporting (T4) * Understand the accounting information system and its position in an organization’s information system * Understand various system documentation techniques * Apply system documentation techniques to describe an accounting information system in an organization * Differentiate the general audit and the IT audit * Understand internal control principles in an organization * Understand the business cycles in a company (in general) * Analyze an accounting......

Words: 853 - Pages: 4

Free Essay


...|PERSONAL INFORMATION |Renata Hlupić | | | |[pic] |4, Zelena Magistrala, Zagreb, 10000, Croatia | | |[pic] 098/9371-953 | | | | | |Sex Female | Date of birth 25/07/1983 | Nationality Croatian | |JOB APPLIED FOR |REPLACE WITH PREFERRED JOB / JOB APPLIED FOR / STUDIES APPLIED FOR / POSITION (DELETE NON RELEVANT HEADINGS IN | |POSITION |LEFT COLUMN) | |PREFERRED JOB | | |STUDIES APPLIED FOR | ...

Words: 669 - Pages: 3

Premium Essay

Planning Document

...517-Managing Human Resource Projects Strayer University August 2012 Construct a project charter to revamp the compensation and benefits package. Title: New Beginnings for the improvement of Human Resource Functions Scope Overview: The New Beginnings project is to introduce a new and more efficient way of handling Human Resource functions to the company. The outsourcing of payroll systems and increasing the number of benefits the employees have access to will increase the morale of the company and decrease the current amount of stress associated with both. By changing the ways in which this team handles compensation and benefits packages to the current employees, this will give the team and employees more time to focus on more pressing issues. The new design of the payroll system is one that will save the company money and the personnel time. The latest benefits packages that are being offered to the staff, will change their lives for the better and make the company’s dealings with the vendors more constructive. The current systems being used for both compensation and the use of benefits packages is out dated and needed to be more accessible to all affected parties, more time efficient, technologically advanced with the times of modern communications, and needed to decrease time spent on the tasks and increase the productivity of both employees submissions and human resource personnel. Business Case: The purpose of the New Beginnings project roll out is to......

Words: 1392 - Pages: 6

Premium Essay

Business Administration

...Business Studies BA Honours Business Administration BA Honours First Year Semester A Economics for Business Accounting for Business Language or Legal Issues for Business The Business Professional* Second Year Semester A Managing People Specialist or Generalist Option Language or Specialist Option Enhancing Employability* Semester B Semester B Methods and Systems for Business Decisions Principles of Marketing Language or Global Perspectives in Business Exploring Business Ethics Specialist or Generalist Option Language or Specialist Option Enterprise Specialist Options Accounting Human Resources Management Marketing Management *Those choosing the Accounting, Marketing or Human Resources specialism in Year 2 will have a subject-specific Enhancing Employability module. 1 Specialisms Accounting Semester A Business Analysis Tools Management Accounting for Business Decisions Semester B Analysing Financial Information Financial Management Human Resource Management Semester A Labour Market Policy Organisational Psychology Semester B Cross-cultural Management Individual Employment Law Marketing Semester A Marketing Planning 21st Century Consumer Marketing Semester B Marketing for the Small Enterprise Cross-cultural Management Management Semester A Management Accounting for Business Decisions Project Planning and Control Marketing Planning Semester B Principles of Operations......

Words: 527 - Pages: 3

Free Essay


...Commerce 4AF3 Accounting Theory Winter 2014 Course Outline Accounting and Financial Management Services DeGroote School of Business McMaster University Course Objectives This course is designed to give an overview of topics relevant to current accounting theory, research, standard setting and practice through relevant readings and by detailed examination of various accounting models. Instructor and Contact Information Name: HT Hao E-mail: Office: DSB323 Office Hours: Wednesday 11:30-12:20, Friday10:30-11:20 and by appointment. Tel: (905) 525-9140 Ext: 23984 Class Time and Location: C02 Friday 11:30-14:20 @BSB/138 C03 Wednesday 8:30-11:20 @KTH/B105 |Course Website: | | Course Elements |Credit Value: |3 |Leadership: |Yes |Global View: |Yes |IT Skill: |No | |Avenue: |Yes |Numeracy: |Yes |Written Skill: |Yes |Ethics: |Yes | |Participation: |Yes |Innovation: |Yes |Group Work: |Yes |Oral Skill: |Yes | |Evidence-Based: |Yes |Experiential: |No |Final Exam: |Yes |Guest Speaker: |No | | ...

Words: 2669 - Pages: 11

Premium Essay

Consulting Service

...JCRSK Consulting Firm is a formulation of team members of other entities with experience in Information Technology, Accounting and Management organization. The combined years of experience from the team will benefit any type of company that is in the market for a quality product whether the goal is to start a new company or change the direction and focus of an existing company. The JCRSK consulting firm will assist with a company’s short and long term objectives. The combined talents of the firm will produce immediate results for short term goals and a comprehensive evaluation to produce a long term plan will be formulated with positive results within a time frame of three to five years. As with all businesses, a company must continue to stay active in the market and educated on the latest technologies and work practices. All organizations must endeavor to grow and not become stagnant by using the same ideas and concepts for long periods. This notion is echoed by all firm members that are the reason the firm is the right fit for ones business needs. Thus technology is constantly changing and advancing; but the benefit will be to the company who takes advantage of the suggested technology that will advance the companies goals. JCRSK consulting firm will address the problems and issues in the areas of information technology, management, and accounting. In information technology area, the consulting firm will focus on technology implementation, installation, and......

Words: 3586 - Pages: 15

Premium Essay

Business Administration

...CURRICULUM OF BUSINESS ADMINISTRATION FOR BBA, BBS, MBA & MS HIG HER EDUC ATIO N CO MM ISSION (2012) HIGHER EDUCATION COMMISSION ISLAMABAD 1 CURRICULUM DIVISION, HEC Prof. Dr. Syed Sohail H. Naqvi Mr. Muhammad Javed Khan Malik Arshad Mahmood Dr. M. Tahir Ali Shah Mr. Farrukh Raza Mr. Abdul Fatah Bhatti Executive Director Adviser (Academics) Director (Curri) Deputy Director (Curri) Asstt. Director (Curri) Asstt. Director (Curri) Composed by: Mr. Zulfiqar Ali, HEC, Islamabad 2 CONTENTS 1. Introduction……………………………………...........6 2. BBA Programme....................................................11 a. Structure of BBA Programme..……………....12 b. Layout for BBA Programme..........................13 c. Semester-wise Breakup for BBA…...............14 3. Bachelor of Business Studies (BBS)......................15 4. MBA Programme....................................................16 a. Structure of MBA Programme........................17 b. Semester-wise Breakup for MBA...................19 5. MS in Management Sciences................................20 a. Structure of MS Programme...........................20 b. Eligibility for Non-business Degree Holders...21 6. Roadmap for Business Education…………............24 7. BBA Course outlines...............................................25 a. Compulsory Courses for BBA...…….…..........25 b. Foundation Core Courses...........…....…....... 41 c. Major Core Courses........................................59 d. Major...

Words: 58162 - Pages: 233

Premium Essay

Woody 2000 Project Comparative Analysis

...Woody 2000 Project Comparative Analysis The following Table is a comparative analysis of the original project management processes to the new proposed Project Management Plan. Preconstruction Phase The financial Performa and cash flow was not prepared as a tool to be used during the entire duration of the project. The accounting was performed with the operational bookkeeping and not as a separate accounting system. | A concise and detailed Performa will be completed and the cash flow will be an intricate part of the construction process. A separate chart of accounts will be maintained in order to track expenses on a real time basis. | An inexperienced owners representative was selected who was not aware of the project management processes to be followed. There was not a defined PMLC model designated for the project. | We would recommend an experienced owners representative be selected who is familiar with construction practices. We are proposing the Adaptive Project Framework of the Adaptive PMLC model. | There was not a defined design development process that included strategic planning sessions. The project programming was done in an unorganized fashion. | We propose to complete a concise design development process that includes a system for documenting needs using strategic planning and departmental focus groups. | The contractor was selected without undergoing a competitive bidding process. The contract was cost plus with an open end with no defined......

Words: 886 - Pages: 4

Free Essay

Mkt 506 Week 9 Assignment 4 Strayer New

...ASSIGNMENT 4 STRAYER NEW To purchase this visit here: Contact us at: SUPPORT@ACTIVITYMODE.COM MKT 506 WEEK 9 ASSIGNMENT 4 STRAYER NEW Assignment 4: A Message Without Words Due Week 9 and worth 200 points Select one (1) of the picture ads from the Benetton advertisement images document, located in the online course shell. Assume you are the project lead at Benetton. You and your team are tasked with revitalizing a social conscious campaign to address a world issue Benetton wants to draw attention to. Write a ten to fifteen (10-15) page paper in which you: 1. Copy or re-create the picture advertisement and include it on the title page. 2. Craft a message for this image and its appeal to the public on behalf of Benetton. 3. Define the goal of this campaign and the targeted audience with supporting rationale. 4. Develop a model for the advertisement strategy you will use and briefly discuss each stage of the model. 5. Formulate an integrated marketing communications plan that communicates the message to the targeted groups. Within this plan, be sure to address: 1. The technologies used along with expected benefits of each. 2. How the message and goals will be promoted. 3. Decipher and select at least two (2) types of individuals, groups, companies, etc., that you reach out to gain support for the campaign. Be sure to discuss the expected benefits that accompany each external partner......

Words: 1517 - Pages: 7

Premium Essay

Intervention 3

...professional Team Spirit the opportunity to set goals within an organizational setting and observer how personal and organizational goals can conflict with each other. Team Spirit also experienced throughout the intervention how conflicting goals can be resolved. According to the information given, Team Spirit is part of the Vernal Corporation and will be in charge of opening an office over 200 miles away from company headquarters. Team Spirit is composed of the Project Manager as well as representatives from Accounting Systems, Information Systems, Technical Support, and Government Contracts. An Organizational Development manager is also a part of the team in order to ensure a minimal complications during the new office and new team transition. All members of Team Spirit applied for and received this new position which will hopefully result in a promotion for every member after a successful first five years in a new location. Team Spirit worked together for the first time during a meeting held by the Project Manager in order to select an office within the company’s budget of $58,000 from four available options. During this meeting Team Spirit decided the best intervention was total quality management (TQM). Intervention Process – Individual Decision...

Words: 3238 - Pages: 13

Premium Essay

Woody 2000

...Woody 2000 Project Comparative Analysis EXHIBIT C The following Table is a comparative analysis of the original project management processes to the new proposed Project Management Plan. Preconstruction Phase |The financial Performa and cash flow was not prepared as a tool to be |A concise and detailed Performa will be completed and the cash flow | |used during the entire duration of the project. The accounting was |will be an intricate part of the construction process. A separate | |performed with the operational bookkeeping and not as a separate |chart of accounts will be maintained in order to track expenses on a | |accounting system. |real time basis. | |An inexperienced owners representative was selected who was not aware |We would recommend an experienced owners representative be selected who| |of the project management processes to be followed. There was not a |is familiar with construction practices. We are proposing the Adaptive| |defined PMLC model designated for the project. |Project Framework of the Adaptive PMLC model. | |There was not a defined design development process that included |We propose to complete a concise design development process that | |strategic planning sessions. The project programming was done in an |includes a system for documenting...

Words: 888 - Pages: 4

Premium Essay

One Syllabus

...NORTHEASTERN UNIVERSITY D’Amore-McKim School of Business ACCT1201: FINANCIAL ACCOUNTING & REPORTING Fall 2015 Professor: Cynthia Jackson Class days/time/location: MWTh/1:35-2:40 p.m./70 Dodge Hall MWTh/4:35-5:40 p.m./70 Dodge Hall Office hours/location: M/12:00-1:00 p.m./404 Hayden Hall W/3:00-4:00 p.m./404 Hayden Hall and by appointment Network/Voice-mail: 617-373-4643 E-mail: Teaching Assistant: Nghia (Mash) Pham E-mail: Office location: 439 Dodge Hall/TBA Course Materials: • TEXT: Financial Accounting, 8th edition, Libby, Libby, & Short (Irwin McGraw-Hill) • Connect Plus • Learn Smart • Simple 4-function calculator Text and Connect Plus Options • Hardcover (including Connect Plus plus ebook access) o $303 at the Bookstore (resale value approximately $137 at the Booskstore) • Ebook and Connect Plus o $105 – online purchase o Valid for both semesters of this course • Connect Plus only o $76 – online purchase o No ebook or text material included o You can use this option if you have purchased a 2nd hand text • Looseleaf Text o $40 “upgrade” – you must have purchased one of the Connect Plus options o Online purchase through Connect Plus o This is a black & white, 3-hole......

Words: 2120 - Pages: 9

Free Essay


...Introduction to Managerial Accounting The course meets in Pellegrino Hall, Room 114, from 10:30 to 11:20 A.M. each Monday, Wednesday, and Friday . The first class meeting is on January 23, 2012. Credit hours: 3. Instructor: Jui-Chin Chang, Ph.D., CMA, CFM, Assistant Professor Office Hours: WHTC- 218B (956) 326-2501 Monday 11:30AM-12: 30 PM& 1:30 – 3:00 PM Wednesday 11:30AM-12: 30 PM &1:30 – 3:00 PM Friday 11:30AM-12: 30 PM E-mail: E-Learning (Angel): Required Text: Introduction to Managerial Accounting (6th Ed) with Connect (Loose Leaf), P. Brewer, R. Garrison, & E. Noreen, McGraw-Hill/ ISBN: 9780078005305. Recommended: Wall Street Journal and BusinessWeek Prerequisite: ACC2301 with a grade “C” or better Course Description: This course will demonstrate the flexibility of the use of managerial accounting information to supply managers and other internal stakeholders for business decision-making. Upon completion of this course, students should possess a basic working knowledge and understanding of the accounting information systems used to provide information to internal stakeholders. The course gives students opportunities to prepare and analyze business transactions, prepare budgets, journal entries and financial statements. Course Goals: This course provides students with both an opportunity to learn accounting......

Words: 3087 - Pages: 13

Premium Essay


...CONTINUOUS CASE STUDY This case study can be used as a progressive platform for building and applying data communications and computer networking concepts as students progress through the book. Company Background The company is a division of a Fortune 500 manufacturer of packaging material. This packaging material is used in cookie bags, cigarette cartons, cereal boxes, ice cream containers, and just about every conceivable food-product package. Customers purchase product based on weight (cents per pound or dollars and cents per pound). Additional charges that might be billed to the customer include special packaging charges, storage charges (if the customer requests that product be stored at a public storage facility), and shipping charges (if a contract carrier is utilized to deliver product to the customer). The product is marketed to an existing customer base through an internal sales force that reports directly to the Field Sales Force Manager. The Field Sales Force Manager in turn reports to the Vice President of Marketing and Sales. The combined charter of the marketing department and the sales force team is to maintain and expand product sales to existing customers and develop new sales with existing customers and prospect and develop new customers. The Vice President of Marketing reports to the General Manager of the division, who is an executive VP reporting to the parent company’s chief operations officer or president. Product delivery is supported by the......

Words: 3799 - Pages: 16