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  • Pwc's Independence Program Self Reported Violations
    1,528 words
    SEC Concerned with Changes in the Public Accounting Profession The SEC and the former Chairman Arthur Levitt Jr. were extremely concerned that the public accounting firms were violating the auditors independence rules addressed through the Securities Exchange Acts. Auditing firms now had dual citizenship in public companies: (1) they issued opinions on audited financial statements and (2) they participated in various consulting engagements for those same companies. Levitt's solution was to split...
  • Tax Accountants And Internal Auditors
    622 words
    Intro Thesis- An accountant has many choices as to what particular field of accounting to specialize in depending on the financial information the accountant wants to analyze and how the information is putto use. Meth - Financial accountant, tax accountants and internal auditors are all accountants in general but require different training and work methods. I. Financial Accountants A. For managers, stockholders B. Record and report data using GAAP C. Private IV. Tax Accountants E. For individual...
  • Amount Of Work The Accountants And Auditors
    1,661 words
    Accountants and Auditors There are 4 types of accountants: Public Accountants, Managerial Accountants, Internal Auditors, and Government Accountants. Public Accountants work for public accounting companies, Managerial Accountants keep track of company's accounts, Internal Auditors check the accuracy of company's accounts and look for evidence of theft, and Government Accountants and Auditors keep track of the government's accounts and auditing. Accountants and Auditors manage taxes, accounting, ...
  • Financial Accounting Large Corporations
    2,662 words
    Accounting is the compilation of financial information for use in making economic decisions. BOOKKEEPING provides the basic accounting data, by systematically recording such day-to-day financial information as revenue from the sale of products or services; expenses of business operations such as the cost of merchandise sold; and overhead expenses such as rent, wages, and so forth. Accounting principles determine which financial events and transactions should be recorded in the bookkeeper's ledge...
  • Accountants And Auditors Work Part Time
    1,586 words
    The four careers of accountants, auditors, bookkeepers, and auditing clerks are all very well respected careers that are very similar in many aspects, yet very different in others. When comparing the description of the jobs, the work activities of each, the skills required, and the career opportunities, it is easy to see how similar and different they actually are. Accountants's et up and design accounting systems and procedures, record financial transactions, and analyze and evaluate records fo...
  • Audit Of Lakeside's Financial Statements
    1,810 words
    DISCUSSION QUESTION 1 Even though an engagement letter is not officially required, SAS 83 (AU 310) requires that auditors document their understanding of an engagement in the audit files. This documentation should include engagement objectives, responsibilities of both the auditor and management and any engagement limitations. The engagement letter is important because it provides a clear understanding of the terms of the engagement for both the auditor and the client. Items that should be inclu...
  • Hours Of Work For Jeff R Scott
    410 words
    BAC Accounting Project Accounting Project BAC 3 AA Profile of an Accounting Department My interview with the accountant of Robin Hood Multi foods Inc. was one of the greatest interviews I have ever experienced. The person whom I interviewed was Mr. Jeff R. Scott. Jeff was a really nice person when I asked him questions. His desk was not as organized as I thought, because accountants are really organized. The reason is because he just got promoted from assistant controller to controller. As I ask...

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