Tuesday, January 7, 2020

The Following Case Study Assesses The Three Job Of...

The following case study assesses the three job of Accountant, Financial Reporting Accountant, and Tax Accountant. The replies to the questions below concern the information gathered on the career mentioned above fields. The average annual salary $ 76,000 for the Financial Reporting Accountant IV deemed appropriate for my expectations. However, the pay for the other positions is larger than expected. It is proven the salaries are commonly aligned utilizing the following structure; required knowledge, skills, experience, job complexity, required conceptual thinking, decision-making authority, interpersonal skills, supervisorymanagement and level of impact on the organization. This also includes the standard of involvement the†¦show more content†¦The job descriptions provided are an entailment of areas of the industry, that interest and ones that are vital in the current economic times. Understanding finance should not be limited to those entering the industry. The dat a from the salary.com website varies slightly from the Bureau of Labor Statistics (BLS) for the area of Flagler Beach. The differences are in part because the BLS uses local sources to gather statistics and information about jobs and available positions. These types of sources to present our results to the company to begin our negotiation process. By having, an understanding about the variances in salaries, we can help obtains the closer range to our desired salary. The positive factor about presenting this information during the negotiation process, it demonstrates knowledge about the local economy and company background. The Accountant, Financial Reporting Accountant, and Tax Accountant positions all work in close in procedures, finance regulations and therefore broaden the labor market. The salaries vary depending on the company and the job duties. Another factor that contributes to salary differences are location, and also the cost of living required for that region. The d ifference for each of these positions from the low, median, and high range hold minor differences. The difference amongst the low and high ranges involve a nearly 40% increase in salary. The reason for these factors comprises, the size of theShow MoreRelated64577569 An Internship Report on Chartered Accountant Firm14353 Words   |  58 Pagesï » ¿An Internship Report On Chartered Accountant Firm TABLE OF CONTENTS CHAPTER # 1  Ã‚  Ã‚  Ã‚  Ã‚  Introduction ï â€ Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Some what about Chartered Accountant Firm ï â€ Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Organizational Structure ï â€ Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Geographical list of  Ã‚  CA firms in  Pakistan ï â€ Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  CA firms abroad Chapter # 2  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Institute  of  Chartered Accountants  ofPakistan  ( ICAP) ï â€ Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Introduction ï â€ Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Types of Chartered Accountants ï â€ Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Role of  Ã‚  ICAP Chapter #  3  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Services Rendered by a CA Firm ï â€ Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Auditing ï â€ Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  TaxationRead MoreCase Study : Vikas Mahendra Associates Essay3038 Words   |  13 Pagescomplex financial analysis. AUDITING One of the most important functions of a Chartered Accountant, it is here that his specialised training, skill and judgment are most often called into play. The firm holds auditing services for its reliable clients and give them a clear report about its financial position. Every assessee with a minimum turnover of Rs. 10 lakhs in the case of professionals and Rs. 40 Lakhs in the case of business concerns is compulsorily required to get his accounts audited under theRead MoreStrategic Management Accounting13457 Words   |  54 Pagesrole of accountants in adopting and implementing SMA is considered. Finally, the success or otherwise of SMA is discussed. Findings – SMA or SMA techniques have not been adopted widely, nor is the term SMA widely understood or used. However, aspects of SMA have had an impact, inï ¬â€šuencing the thinking and language of business, and the way in which we undertake various business processes. These issues cut across the wider domain of management, a nd are not just the province of management accountants. ResearchRead MoreAudit: Auditing and Substantive Tests36648 Words   |  147 Pages| If control risk is increased, detection risk must decrease to achieve the same audit risk as originally planned. The relationship between control risk and detection risk is inverse. | Question  #7  (AICPA.940502AUD-AU) |    | | Which of the following factors most likely would cause an auditor not to accept a new audit engagement? | A.   An inadequate understanding of the entity s internal control structure. | | B.   The close proximity to the end of the entity s fiscal year. | | C.  Read MoreCafe Latte Essay3461 Words   |  14 PagesMba 555 - Case Study Table of Contents Summary 3 Introduction 4 Facts 4 Cafà © Latte 4 Cynthia Chan 5 Stuart Chan 7 Rob Chan 8 Jeff Burns 8 The Chan Family 9 Inferences 9 Cynthia Chan 9 Stuart Chan 10 Rob Chan 10 Jeff Burns 11 The Chan Family 11 Problems 12 Decision –Additional Options 14 Behavior Assessment 15 Cynthia Chan 16 Stuart Chan 16 Rob Chan 17 Decision Assessment 17 Lessons Learned 19 Case Study: Cafà © Latte, LLC Summary Cafà © Latte, a new espresso bar, is about toRead MoreSdlc23489 Words   |  94 Pagesreplace or complement an existing system. But before planning can be done, one must thoroughly understand the old system and determine how computers can be used (if at all) to make its operation more effective.  © The Institute of Chartered Accountants of India 2.2 Information Systems Control and Audit Example : Consider stockroom operations of a clothing store. What measures can be taken to control its inventory and gain access to more up-to-date information about stock levels and Read MorePromotion Strategy - Software Industry - Webtel10593 Words   |  43 Pagescompetitors’ playing. Also, market share of different player of the software industry was to be found and the recommendations to increase the market share for each individual player of software industry globally were to be given. The purpose of the study is to find out the market potential of different software player compared to other industry. Specifically, the research objectives are to: †¢ Gauge the consumer sentiment on the various sales promotional strategies provided by the various softwareRead MoreBusiness Profile of Reid Consultancy2497 Words   |  10 Pagesmanagers Yasheka Reid, Reba Nelson and Adobey Raider who saw that there was a gap in the market for affordable business advice for small to medium sized business owners. With their expertise in both the public and private sector being at the helm of three of the country’s largest companies and they themselves operating successful businesses the trio decided to open Reid Consultancy in January 2nd, 2012 in Kingston Jamaica. Over the one year period the business has been in existence the firm as helpedRead MoreFinancial Statement Frauds29904 Words   |  120 Pageshave attracted high profile attention recently. There have been several cases by businesses of what appears to be financial statement fraud, which have been undetected by the auditors. In this thesis, the main purpose is to identif y some of the reasons why auditors have not detected financial statement fraud and to suggest possible solutions for improving the audit process in these areas. In order to achieve this target, some cases of the fraudulent financial statements of revenue recognition will beRead MoreAccounting Systems, Internal Controls, and Ethics28179 Words   |  113 Pagesrepresentation of what you will be learning in this unit. It shows the links between the learning objectives and key concepts. [pic] Figure 1: Unit Concept Map Learning Outcomes The following list of learning outcomes describes what you will be able to achieve after completing this unit. They are broken into three groups: Conceptual outcomes refer to concepts and other information that you are expected to know; Analytical outcomes represent those issues that you should be able to evaluate; and Procedural

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.