Premium Essay

Yesterday vs Today

In: Business and Management

Submitted By rmcourtney
Words 1266
Pages 6
Today’s modern accounting systems implement basic accounting needs while at the same time offering increased correctness in tracking trends, enabling partnership, and giving quick access to data. Computers run everything from home to work. Computerized solutions offer faster transaction processing and better classification of data while at the same time growing the range of input data that give a clearer and more complete picture of a company’s financial bottom line. Modern accounting systems help company management choose wisely in the use of better resources to increase profits at the same time as identifying cost saving and less spending. Accounting is the foundation of any business big or small. Yesterday many businesses did their accounting by hand. This was a long and problematic job done by those who were trained to do only accounting. Some small businesses still do it today, and this serves them fine. Larger companies have switched to computerized accounting systems today which run faster and are more accurate than manually. They both perform essentially the same thing, and are under the very same principles and concepts with the only differences being in the mechanics (Shanker, 2011). There are many factors facing manual accounting compared to computerized accounting today: speed, cost, and back up. Speed is important in accounting today due to the large companies and their investors. Using today’s computerized accounting systems, processing data, and reports are faster and more accurate causing less errors, and increases efficiency. This is all done with the push of a button (Shanker, 2011). Doing accounting manually is cheaper, but takes longer and is more likely to have errors. Using the computerized system is more costly due to the purchases of software, computer, training, and program upkeep. Other expenses with the computerized system

Similar Documents

Premium Essay

Management of Productions and Operations

...December 2012 Abstract In our current society technological advancements, competitiveness, strategy and production are paramount in business relationships since technology advancements continue to gain momentum every day. Competition is what continues to enhance business strategy and production as companies strive to produce the latest technologically advanced product on the market while providing the best service for customer satisfaction at the lowest cost at with a high production rate. In the past few decades computer technology has been responsible for improved customer satisfaction and enhanced business production, spiking the level customer needs and competition between many businesses such as Ford vs. General Motors, Macintosh vs. Microsoft, UPS vs. FedEx, Import vs. Export as the list goes on forever. Whether the competition lie between an automotive industry or the computer industry, any company with a competitive advantage gains the ability to outperform its rivals, providing the ability for company growth and increased revenue. In the business aspect, competition continues to drive the market primarily by producing high quality products at a high output rate by using productivity and strategic road maps to aim for high goals and provide for further organizational achievements. Competitiveness, Strategy, & Productivity In order for a business to succeed and become a hierarchy, the operating organization must have a firm understanding of what...

Words: 2663 - Pages: 11

Premium Essay

Amelia Parson Freedom Of Speech Analysis

...The excerpt from Thomas Jefferson states the enduring issue of rule by the majority, as long as it's reasonable and does not infringe on the rights of the minority . The letter to The Editor gives an example of the enduring issue by discussing Freedom of Speech, and its influence on majority rule. Amelia Parsons gives evidence of the enduring issue by stating: "...to honor a republic committed to liberty and justice for all. That commitment was reaffirmed yesterday by the Supreme Court's ruling in West Virginia State Board of Education vs Barnette. The ruling struck down as unconstitutional; West Virginia's directive that school children must daily salute the flag while reciting the pledge of allegiance or face expulsion. " This quote means:...

Words: 308 - Pages: 2

Free Essay

Victory

... Victory because he’s keeping me, he’s giving me peace of mind He said ..If I keep my mind stayed on him, he’ll keep me in perfect peace) I AM More than a conqueror through Christ Jesus that strengthens me! 1Chronicles 14-19 Tells the story of when the Philistines heard that David had been anointed as King over all of Israel. They wanted to overtake him or take him out. David went sought out God and he asked him if he should go up against the army and god told him to go and HE and David would deliver them into his hands, they would defeat the army. When they came against him, God gave him Victory. Vs. 11: David said, “God Hath broken in upon mine enemies by mine hand like the breaking forth of waters; TRANSLATION….When god shows up it is going to be a flood of favor & power. Like a raging flood, a flood of strength. God is the same god yesterday, today and forevermore and what he did back then he will do...

Words: 261 - Pages: 2

Premium Essay

“Becoming a Better You”

...“Becoming A Better You” OPEN: AS CHILDREN, WE ALL DREAMED OF HAPPY, SUCCESSFUL LIVES NO ONE EVER DREAMS OF BEING SICK, POOR, ADDICTED OR DEPRESSED. A. NO CHILD DREAMS OF A DEFEATED LIFE…YET MAY END UP THERE. WE GET STUCK IN THE BATTLES OF LIFE AND NEVER FIND VICTORY B. BUT THAT CAN CHANGE! TWO (2) QUESTIONS… QUESTION #1: WHAT WOULD YOU LIKE TO CHANGE ABOUT YOURSELF? A. YOU ASK YOURSELF, “WHY CAN’T I CHANGE WHAT I WANT TO CHANGE? BUT I DON’T SEEM TO HAVE THE POWER?” WHERE DO WE GET THE POWER TO CHANGE? TO GET OUT OF NEUTRAL? HOW DO I BREAK THE MOLD I’M IN? (THAT’S WHAT A LIFE IN CHRIST OFFERS US) Now may the God of peace [Who is the Author and Giver of Peace]… strengthen you…make you what you ought to be and equip you with every good thing that you may carry out His will [while He Himself] works in you and accomplishes that which is pleasing in His sight, through Jesus Christ to Whom be the glory forever and ever. Amen. Hebrews 13:20a, 21 AMP B. GOD DIDN’T CREATE YOU TO BE AVERAGE; HE CREATED YOU TO EXCEL! (ON A SCALE FROM 1-10, WHERE DO YOU SEE YOURSELF? DO YOU SEE ROOM FOR IMPROVEMENT?) QUESTION #2: DO YOU WANT TO BECOME A BETTER YOU? WE ALL WANT TO BE BETTER – WE ALL WANT TO: KNOW GOD BETTER BE BETTER SPOUSES BE BETTER PARENTS BE BETTER LOVERS BE BETTER ENCOURAGERS BE BETTER COMMUNICATORS BE BETTER EMPLOYEES, BOSSES, MANAGERS, ETC. GOD HAS PUT SOMETHING DEEP DOWN INSIDE US THAT YEARNS...

Words: 1376 - Pages: 6

Free Essay

It May Not Work in Politics

...Politics of Yesterday, Today and Tomorrow Janell Fogle Strayer University U.S. Government Professor Stallo 11/15/2015 Politics of Yesterday, Today and Tomorrow Introduction Civil Rights Events that Influence Social Responsibility in American People Today In the American history, several Civil liberties events have played an indispensable role in shaping the approach of Americans to social responsibility. For instance, the signing of executive order 9981 by President Truman in 1948 was critical in eliminating discrimination among Americans (Carson, 2013). The executive order declared equity of treatment among all persons working in the department of defense. Indeed, this was a milestone in getting rid of the discrimination that was rampant among the armed forces personnel. Before, the signing of the order, only African American served in the American military frontlines. This act was highly criticized by people of African-American descent as it was an apparent show of discrimination based on color and race (Carson, 2013). However, the signing of the executive order brought about equity by eliminating discrimination of the armed officers depending on their color and race. To date, the signing of the executive order has been fundamental to eliminating discrimination and bringing about equity among Americans. Secondly, the second amendment of 1968 was crucial in enhancing the freedom of speech among the American people (Jackson, 2009)....

Words: 1430 - Pages: 6

Free Essay

Lecture Not

...number of asset pricing models These have all required that price is a good reflection of value Is this likely to be the case? How? Why? Week 5 FINS5513 2 Today   Trend and predictability Efficient market hypothesis   Implications Supporting evidence Behavioural biases    Barriers to the EMH  Anomalies Can we build a fully efficient market? Week 5 FINS5513 3 Market Efficiency    Efficiency in engineering: the best possible use of the inputs. An efficient market: investors make the best possible use of information. A useful initial perspective:   As speculators we are trying to predict where a stock price will be in the future. Do we know anything today that will help us make this prediction? Week 5 FINS5513 4 Price of GE 104 102 100 98 96 94 92 90 88 0 Week 5 20 40 FINS5513 60 80 100 5 Are Prices Predictable?  There are apparently short-run trends   If we know we are at the start of a downward trend, sell short If we know we are at the start of an upward trend, buy   How do you know when a trend is starting? ending? Can we devise rules (statistical or “technical”)? Week 5 FINS5513 6 Trend and Predictability   The price path is simulated: Price(Today) = Price(Yesterday) + x, where x is a standard normal random variable This process is called a random-walk   By construction, any trends that appear in a particular sample price path...

Words: 1392 - Pages: 6

Premium Essay

Untitled

...Television vs. American Culture Ajita Harrison English 101 Liberty University Online...

Words: 1010 - Pages: 5

Free Essay

Ddddddd

...------------------------------------------------- CLASS 2: GAP, TOP ------------------------------------------------- Date: April 28, 2013 ------------------------------------------------- • Nouns ------------------------------------------------- ✚ Review: Clause Elements ------------------------------------------------- (S) : Performer, topic ------------------------------------------------- (O) : Recipient ------------------------------------------------- : Direct object (DO) and indirect object (IO) ------------------------------------------------- ------------------------------------------------- I sent you a letter. (S) + (V) + (IO) + (DO) ------------------------------------------------- I sent a letter to you. (S) + (V) + (DO) + preposition + (IO) ------------------------------------------------- ------------------------------------------------- : Object of a verb and object of a preposition ------------------------------------------------- ------------------------------------------------- I kicked you. [You is object of the verb ‘kicked.’] ------------------------------------------------- on the table [Prepositional phrase: The table is called object of the preposition] ------------------------------------------------- • Object of a preposition cannot be the subject element. ------------------------------------------------- ✗ [In the world] have many people. ------------------------------------------------- ...

Words: 1416 - Pages: 6

Free Essay

Gghhhg

...Texa‘ Time‘ 09 NOV 2015 Texas vs. Mary Beth Supreme Court Case By DHRUV PEECHARA Texas vs. Mary Smith Supreme Court Case In 1984 the american flag was burned during a protest by Mary Smith. Mary Smith is considered a terrorist by the state of Texas because she said that she wanted to destroy the beliefs of all Americans right before dshe destroyed the flag. Texas wants to press charges against her the court states that Mary Smith is innocent because she didnt hurt any people, so she wasnt convicted of anything. The first amendment Freedom of speech and Press protects her. The witnesses of the flag burning offended many people, and also one person buried the remains of the flag in the backyard,and since he wasnt hurt physically no charges were pressed. International Moose Count Underway By BOB O’BOBSTON The UN-sponsored International Moose Census got off to a flying start today with hopes for an increase in the worldwide moose population compared to last year’s disapointing figures. Among the traditional early reporters were Egypt, returning figures of six moose, a twenty percent increase on 2011’s figures of five, and Uruguay whose moose population remains stable at eleven. According to Robbie McRobson, head of the UN Moose Preserva- tion Council, worldwide moose numbers are expected to grow markedly on last year due to the traditional moose strongholds of Canada and the United States, with the larger developing moose ecologies also poised ...

Words: 1326 - Pages: 6

Premium Essay

The Role Of Culture Wars In The 1960s

...Culture Wars in the 1960s The 1960s were all about changing the way America viewed sacred things like civil rights, war, and various other objects the counterculture was rallying for. Before this life-changing decade these things were near irrelevant, they were normal and not expected to change. However, during the 1960s these arguments were unavoidable and it was traditional people, typically the elders or parents of the generation, vs the new agers, young adults of the generation. The issues debated in the 60s stirred great conflict between the “religious” elders and the “secular” youths, by facing tradition against charisma, which brought together each of the groups since they needed to rely on each other to develop their argument. The elderly people in the 60s who were not for desegregation, anti-war, nor the new counterculture were categorized as “normative Americans who continued to believe in God, hard work, American exceptionalism,… and “traditional gender roles” (Snyder). This categorization defines them as the “religious” portion of this argument since they identified with believing in God. They were a hard group to get to budge on what they believed since for years prior to the 60s they ignored the efforts made by the younger generations to change the world. The elderly being set in their ways adheres to Smith’s argument that “A little more than half of emerging adults remain quite stable in their levels of religious commitment”(Smith,282)....

Words: 844 - Pages: 4

Premium Essay

Reviewer

...Introduction to Law Series Part 1 - Law (What is Law?) In its broadest sense, means any rule of action or norm of conduct, applicable to all kinds of action and to all objects of creation. In a strict legal sense, law is a rule of conduct, just and obligatory, promulgated by legitimate authority, of common observance and benefit. (Sanchez Roman) Law is: 1.) A rule of conduct; 2.) Just; 3.) Obligatory; 4.) Promulgated by legitimate authority; 5.) Of common observance; and 6.) Of common benefit. <><><> Things to Ponder Why and how, law is a rule of conduct? Why and how, law is just? Why and how, law is obligatory? Why and how, law is promulgated by legitimate authority? What is promulgation? Why promulgate law? Who is legitimate authority? Why and how, law is of common observance? Why and how, law is of common benefit? ============================ Introduction to Law Series Part 2.1 - Evolution of the Concept of Law A.) Classical Greek Concept of Law ============================ Side Notes: - Literature is the reflection of reality. -Greek civilization is two things, politics and drama. -Greek drama is two things, tragedy  and comedy  -Alexander the Great's teacher is Aristotle. -Aristotle's school is the Lyceum. -Aristotle's teacher is Plato. -Plato's school is the Academy. -Plato's teacher is Socrates. -Socrates' teachers are the Sophists. -One of the sophists is Sophocles. -Sophocles is an ancient Greek tragedian (tragedy...

Words: 5241 - Pages: 21

Premium Essay

Factors Affecting Study Life of Working Students

...Introduction to Law Series Part 1 - Law (What is Law?) In its broadest sense, means any rule of action or norm of conduct, applicable to all kinds of action and to all objects of creation. In a strict legal sense, law is a rule of conduct, just and obligatory, promulgated by legitimate authority, of common observance and benefit. (Sanchez Roman) Law is: 1.) A rule of conduct; 2.) Just; 3.) Obligatory; 4.) Promulgated by legitimate authority; 5.) Of common observance; and 6.) Of common benefit. <><><> Things to Ponder Why and how, law is a rule of conduct? Why and how, law is just? Why and how, law is obligatory? Why and how, law is promulgated by legitimate authority? What is promulgation? Why promulgate law? Who is legitimate authority? Why and how, law is of common observance? Why and how, law is of common benefit? ============================ Introduction to Law Series Part 2.1 - Evolution of the Concept of Law A.) Classical Greek Concept of Law ============================ Side Notes: - Literature is the reflection of reality. -Greek civilization is two things, politics and drama. -Greek drama is two things, tragedy  and comedy  -Alexander the Great's teacher is Aristotle. -Aristotle's school is the Lyceum. -Aristotle's teacher is Plato. -Plato's school is the Academy. -Plato's teacher is Socrates. -Socrates' teachers are the Sophists. -One of the sophists is Sophocles. -Sophocles is an ancient Greek tragedian (tragedy...

Words: 5241 - Pages: 21

Premium Essay

Is Keeping Your 401k(K) Costing You Your Retirement

...What is your version of the American Dream? If you’re like millions of other Americans, you’re probably living for the day your 401(k) has stored enough equity for you to enjoy a life of financial freedom. But what if everything you've been led to believe about your 401(k) retirement plan is not only untrue, but just the opposite of what you have been told? Wouldn’t you want to know immediately while there was still time to capture the American Dream? Those nearing retirement are extremely concerned, and rightly so, that a collapse of the stock market could spell possible disaster for their 401(k) and other retirement investments. The credit crunch and housing meltdown of 2007-08 are stark reminders of the dot.com debacle of 200002 that halved market values, forcing retirement for many to be postponed or scaled down in quality. Many lost their retirement, jobs, homes and lifetime savings. The information contained in this publication may well be the most important information that you have read and could affect the quality of your planned retirement for years and/or the rest of your life. In addition to learning important retirement information, you will learn the 7 S.E.C.R.E.T.S. of the Super Wealthy, how to remove your money tax-free from your company’s 401(k) plan and place it under your own control without stopping work or dropping out of your employer’s plan, and how to keep more in your estate while passing more to your family members or other designated heirs by using...

Words: 4466 - Pages: 18

Free Essay

Samsung vs. Apple

...TECHNOLOGY APPLE VS SAMSUNG: FRENEMIES AT THE GATE It’s one thing to be a culturally vibrant brand in one part of the world. It’s another to radiate that vibrancy at high amplitude across the world. It means the brand has not only tapped into global shifts in values and attitudes, but also expressed itself and engaged people in ways that resonate culturally on a local level. As the world shrinks and our connectivity to one another grows, brands need to stay true to their roots, and do so in ways that are Visionary, Inspiring, Bold and Exciting, regardless of where they play. In 2012, the battle between Apple and Samsung took place on a global stage, both inside and outside of courtrooms. What makes this turf fight particularly interesting is the dependency these two titans have on one another. After all, Samsung is Apple’s biggest parts supplier, yet its fiercest competitor in the smartphone market. By year’s end, Apple was victorious on the legal front, but Samsung won on the main stage, with consumers. Apple was the world’s No1 company by market value, but Samsung was the world’s largest technology company by sales. This same, “Yes, but…” phenomenon is also reflected in the brands’ cultural vibrancy. Apple’s global VIBE is stronger overall, but Samsung’s VIBE – just behind Apple’s – is more stable across countries. Apple’s VIBE is being pulled into the stratosphere by the devotion it has earned in the USA, Western Europe and Australia. It’s a bumpier road for the brand in Asia...

Words: 995 - Pages: 4

Premium Essay

Raisin in the Sun

...Outline Thesis Statement: One of the major themes of "A Raisin in the Sun" is the devaluation of capitalism as a measure for success and its replacement by family pride. I. Walter Lee is obsessed with obtaining money from the very beginning of the play. His very happiness depends on success, and he measures this in wealth. 1. He longs to be successful. His speech at the end of Act II, Scene 2 beginning "You wouldn’t understand yet, son, but your daddy’s gonna make [...] a business transaction that’s going to change our lives [...] You just name it, son, and I'll hand you the world!" (Hansberry, 96) 2. Money is the only means of being successful or obtaining success. When asked why he cares so much about money, Walter screams, "Because it is life, Mama!" (Hansberry, 64) II. Mama encourages him to take her place as head of the family, despite disagreeing with his lust for wealth. 1. Mama tries to convince him that money is not the solution to Walter's crisis of purpose in a speech: "Something has changed. You something new, boy. [...] You ain't satisfied or proud of nothing we done. You my children - but how different we done become." (Hansberry 62) 2. Still she trusts him with the money in order to further his pride and encourage his familial responsibility. "I'm telling you to be head of this family from now on like you supposed to be." (Hansberry, 94) III. After the money is all but depleted, Walter stands up for himself and his family and spurns money in favor...

Words: 2676 - Pages: 11