CHECK THESE SAMPLES OF The Egyptian accounting profession
...conduct of business to protect public interest.
The accounting profession adopted a code of ethics and professional conduct for its members to guide them in serving public interest. The foundation principle of public interest is contained in this code of ethics and yet only 62% of accountants in a survey were able to identify correctly that a formal definition of public interest can be found in their code of ethics. The accountants cannot be faulted because accounting services are contracted in private during service engagements (Thomadakis, 2009:3). Contracts are usually done in private and it is easy to forget public interest during the discussions and...
6 Pages(1500 words)Coursework
...?Business Law and the Accounting Profession Introduction Business is used as an instrument to accomplish one's vision. Its huge impact on the societymay bring a positive or negative effect depending on how the individual practices it. Law is generally described as the rule that every individual is obliged to follow regardless of their rank in the society. It governs all transactions in the land including business. Law is often associated with ethics. Ethics is the field of study that aims to encourage all people to act in accordance with the law. It focuses more on one's morality, the ability to decide in a rightful manner taking into consideration any possible consequences of the decision. It is crucial...
5 Pages(1250 words)Research Paper
...? Week 6 Individual Paper Connie Johnson January 9, ACC 544 In the new information age of the 21st century controllers of corporations are responsible for implementing internal control mechanisms to ensure the accounting system and information of the company is safeguarded and free of material error and of any fraudulent activity. The accounting profession has changed a lot during the past few decades since there has been clear movement from manual accounting systems to computerized accounting systems. Accountants and accounting managers have to be computer savvy in today’s job marketplace. There are lots of information...
4 Pages(1000 words)Essay
...?Professionalism and the Accounting Profession Introduction The history of accountancy has revealed how this field evolved from a mere occupation into a widely recognised profession. Four theoretical paradigms are particularly relevant in understanding the professionalisation of accountancy: trait-based model, functionalism, Weberian tradition, and Marxist perspective. This essay analyses how each of these models view accountancy as a profession. The first section discusses the trait-based model and functionalist perspective, as well as their weaknesses as models of profession. The second section...
5 Pages(1250 words)Essay
...? Professionalism and the Accounting Profession Clever accountancy has gained ground in recentyears to become a major business model for many accounting firms. This paper will seek to define clever accountancy; how it came about, how it serves the public interest and how it is cursed by the tax collector. It will also point out how it has massively affected the public image of the accounting profession. In this regard, different academic theories will be cited to explain how clever accountancy has led to professionals being painted in bad light. Historical as well as contemporary evidence will be...
6 Pages(1500 words)Essay
...? Ethics in Accounting Profession College Lecturer Ethics in Accounting Profession Introduction Professional conduct and ethics have an important role to play in the accounting profession as they ensure that there is public trust in the financial reports as well as the business practices. Therefore, ethics is seen as a cornerstone in the accounting profession and failure to be ethical in their transactions, decisions and any activity accountants are involved in might result into the ultimate collapse of a company. Ethics in the accounting profession...
3 Pages(750 words)Essay
...?LEADERSHIP IN THE ACCOUNTING PROFESSION 0- INTRODUCTION Leadership has always been an incentive for the employees. Every employee wants to become a leader but rare has the inbuilt capacity or are trained for the desired position. Owing to the realization of the importance of leadership in everyday practice, every professional study focuses on leadership qualities of individuals along with the core context of that specific field. It has been determined that in the field of accountancy (Bloch, Brewer, and Stout, 2012), the trainers are less focused on the development of leadership skills during professional studies. The focus of this report will revolve around the role, need and importance of leadership in accounting profession... . The...
5 Pages(1250 words)Research Paper
...The CPAs in the Accounting Profession Professional accountants perform their work in many different roles and environments. To meet its various reporting needs, a business enterprise may employ financial accountants who are primarily concerned with external financial reporting; management accountants who are primarily concerned with internal financial reporting; and tax accountants, who prepare the necessary federal, state, and local tax returns and advise management in matters relating to taxation (Dyckman et al p.5). In smaller organizations, there is less specialization and more combining of responsibility for the various...
3 Pages(750 words)Research Proposal
...Controversies Behind Accounting and Audit Profession Table of Contents I. Introduction ''''''''''''''''''''''''.. 3
II. Compare and Contrast Management's Responsibility for an Entity's Financial Statements with the Auditors' Responsibility for Detecting Fraud and Error ''''''''''''''''''.. 4
III. Evaluate Recent Suggestions made by the Audit Profession in Respect of the Auditors Responsibility in Detecting Fraud ''''' 5
IV. Audit Expectation Gap ''''''''''''''''''''. 8
V. Factors that Makes Audit Expectation Gap to Increase ''''''. 8
VI. Strategic Ways to Reduce the Gap on Audit Expectation '''''. 9
VII. Conclusion '''''''''''''''''''''''''. 10
References...
8 Pages(2000 words)Essay
...The Accounting Profession of your company PENTAIR, INC. 2. of your company’s auditor Deloitte & Touche LLP.
3. Size of the accounting firm
a. Where is the home of your auditor? Minneapolis, Minnesota.
b. How many employees does the accounting firm have? 182,000 as at September 2011.
c. Indicate whether this is the number of U.S. employees, employees worldwide, or whether this cannot be determined. Worldwide employees.
d. What is the annual revenue for the accounting firm that audited your corporation? $28.8 billion USD for the 2011 financial year.
e. What services does your accounting firm offer besides auditing (now referred to as...
2 Pages(500 words)Assignment