Accounting organizations

Financial Accounting and Reporting course work 1 Title: Financial accounting and reporting Student Name: Mengting KE CEG Number: MK24366 Supervisor Name: Nilam Sultan Date of submission: 14/02/2016 Total word count: 2042 Introduction According to Black (2009: 2), accounting can be defined simply as the recording, summarizing and interpretation of financial information. A more detailed definition is that offered by the American Accounting Association (1966), as follows: ’The

Financial Accounting and Reporting course work 1 Title: Financial accounting and reporting Student Name: Mengting KE CEG Number: MK24366 Supervisor Name: Nilam Sultan Date of submission: 14/02/2016 Total word count: 2042 Introduction According to Black (2009: 2), accounting can be defined simply as the recording, summarizing and interpretation of financial information. A more detailed definition is that offered by the American Accounting Association (1966), as follows: ’The

To obtain a challenging position in a company where I can contribute my knowledge and skills in Accounting and Finance to the success of the organisation, through broadening organisational learning and development, strengthening interpersonal relationships, displaying high level of professionalism and promoting teamwork in the organisation. Summary of Qualifications  A dynamic and dedicated Accounting Professional with experience in Sales and Customer Service;  Communication and interpersonal skills

Modern accounting systems have become the foundation from which the modern organization can rely and depend upon to maintain a strong efficient strategy that will help the organization grow. The modern accounting systems embraces the old accounting practices that have been used for hundreds of years and builds upon that platform to give modern organizations control over the finances. There must be set in place internal controls to keep the company assets from being stolen and that is why modern

TYPES OF COMPUTERIZED ACCOUNTING SYSTEMS By Kathy Adams McIntosh, eHow Contributor Businesses use financial information to create statements and to file income tax returns at the end of the year. Some businesses use manual accounting systems, but many businesses opt for computerized accounting systems to simplify the process and reduce errors. Businesses can choose between different types of computerized accounting systems. 1. Purpose * A computerized accounting system serves many purposes

While I was reading this book, I realized that financial accounting is essential for a management of organizations or companies because leaders have to know a cash flow in order to keep companies sound. If leaders could not understand balance sheets, income statements and cash flows and not manage their finance properly, they might experience the lack of cash or could unluckily wrap up their business. Leaders and even business managers nowadays must have financial competence that was not expected

Hospitals, schools, religious organizations, and charitable organizations are all not-for-profit organizations. Not-for-profits are either member-serving or community-serving and focus on providing services to either the members or the community and does not exist to make a profit. Furthering their cause is more important than making a profit. Member-serving organizations include credit unions, sports clubs, trade unions, retired serviceman’s clubs and their responsibility is to benefit its own members

Introduction The Financial Accounting Standards Board (FASB) determines financial accounting and reporting standards for profit and nonprofit organizations that follow the Generally Accepted Accounting Principles (GAAP) (FASB, 2016). The FASB establishes various accounting standards that better guides the organization financially and promotes transparency with a broader understanding of its financial status through reporting of useful information that can be provided to future investors and board

Forensic Accounting and Your Organization 1 Running Head: FORENSIC ACCOUNTING: WHAT IT CAN DO FOR YOUR ORGANIZATION Forensic Accounting: What It Can Do For Your Organization Kira Bailey Dr. Harper BUS 520 Strayer University Charleston, SC Forensic Accounting and Your Organization 2 ABSTRACT Forensic accounting is the application of financial skills and an investigative mentality to unresolved issues, conducted within the context of the rules of evidence

Black (2009: 2), accounting can be defined simply as the recording, summarizing and interpretation of financial information. A more detailed definition is that offered by the American Accounting Association (1966), as follows: ’The process of identifying, measuring and communicating economic information to permit informed judgments and decisions by users of the information’. This means that, in terms of identifying, this should focus on the key financial segment of an organization, like liabilities