Long gone are the days where the career opportunities that were on the offer were limited. With a growth of human civilization newer career opportunities has emerged in several fields that were not known for in the early…
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Job security- There is fewer jobs that offer higher salaries and secured job than the job of an accountant. Any kind of business requires an accountant so the scope of landing a job as an accountant is immense. On top of that of one earns a CPA license or a master’s degree then the possibility of landing in a good job increases much further.
The job of an accountant in addition to being secure is one where demand for accountants is likely to grow at a steady rate of 13% from 2012 to 2022. The pay package of an accountant is quite high and the minimum education required for being an accountant is a bachelor’s degree in accountancy.
Now coming to the choice of Deloitte, Deloitte is one of the big 4 accounting firm. These accounting firms specialize in audit, and other jobs of finance. Over several years Deloitte has merged with several other firms on order to become one of the largest accounting firms on whole world. In 2013 the total annual revenue was $32.4 billion. The firm continued to grow through revision and approx annual growth in 2012 was 8%.
The job at Deloitte is one of the most prestigious jobs at one of the most professional services of the world. Deloitte is one of the best places to work in the world (Deloitte). A career in audit at Deloitte is a key link in the financial reporting chain that puts one in the position of trusted advisor to different businesses across different regions. The skills required for the job are analytical skills required for the analysis of the business requirements. In addition one must be thoroughly aware of the audit practices at Deloitte. The job requires analytical skills; good grasp of subject knowledge in addition to understands the needs and requirements of the customers well so that specific solutions can be tailor made for the requirements of the clients. All these activities that need to be done are in keeping and adhering to the highest standard on independence,
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y a company to maintain synchronization with Sarbanes-Oxley Act. Answer 1 Issue-1 (Public Company Accounting Oversight Board) Sarbanes-Oxley Act (SOX) has established Public Company Accounting Oversight Board (PCAOB) in order to measure three aspects (Examining the audit process of public company, establishing audit report standard and rules, inspecting regulation and registration of public accounting firm).
According to the writer, an African American, Barrack Obama is the Chief Executive of the nation, while the one heading the State Department is Hilary Clinton, a woman. Despite these statistics, glass ceiling still exist. Hispanics, Blacks and American Indians represent around 30% of the population; but, only 3% hold management positions.
This view is generally adapted by individuals and entities as a phenomenon of natural pride for being able to provide a meaning to their world. Ironically, the underlying fact is that human beings pertain to be the actual source of morals and ethics.
The basic objective of an auditor is to obtain audit evidence which is sufficient and appropriate in the circumstances that the financial statements are free from material misstatement. These misstatements may occur due to fraud or error. The auditor obtains this audit evidence by obtaining an appropriate level of assurance that financial statements are not materially misstated. The audit evidence thus obtained allows the auditor to report on the financial statements.
d. The valuation technique(s) appropriate for the measurement, considering the availability of data with which to develop inputs that represent the assumptions that market participants would use in pricing the asset or liability and the level of the fair value
The goal of the act was the prevention and deterring of future accounting fraud, while protecting the shareholders and increasing the confidence of the public in company financial reporting and the U.S. capital markets. Presented
The company misrepresented its financial status for thirteen years. It had overstated its earnings by 500% in the 9 months before the scandal imploded and $11 billion during the whole period (Markham 375). Its actual debt was $15.1 billion, eight times more than it
The audit committee must consider the skills of the auditor before providing non-audit services and related fees relative to the audit fee. In this case, the safeguards should ensure that external auditors do not make managerial decisions for the firm, create mutual interest and performance a role of advocacy on behalf of the client firm.
Zain LETTER TO STOCKHOLDERS 1. There are two letters that have been written by the Chairman and the Chief Executive Officer (CEO) of Zain Group addressing the shareholders belonging to the company. The Chairman of the company is Asaad Ahmed Al-Banwan and M.
9 Pages(2250 words)Research Paper
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