Accounting

Accounting
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Accounting Textual Analysis Essay

Accounting Soft Skills Name Institutional Affiliation Date Accounting Soft Skills As the business and the corporate world evolve so are the various professionals who work in the different industries. It has prompted the need to emphasize on the acquisition of soft skills for the various professionals especially the accountants. An article by the Global Accountant places much emphasis on the need for soft skills in the accounting profession and appeals to employers to hire accountants who are not only competent in technical skills but in soft skills and communication skills as well. It is the work of the accountant to compute and analyze figures. However, there arises the need to interact with...

Transferable Skills Course Project Collection

Transferable Skills Name: Institution: Date: According to Clark & Martin (2016), transferable skills are an essential component of a quality education. Throughout the course of this project, I have gained important transferable skills in many areas including communication skills, critical thinking, ethics & professional responsibility, digital fluency, and information literacy. First, thanks to the project, I have acquired crucial communication skills as noticeable in the business plan. My reading skills have also improved owing to the extensive documents I was compelled to read while working on the project. Secondly, my critical thinking skills have improved especially in terms of...

State Taxation of Internet Sales and Interstate Commerce

Student’s Name: Course: Instructor: Date: Internet commerce has been considered to be among the fastest growing business in the American economy. The fact that the transactions in this business are done online, it relatively have limited if not free of regulations and taxation. Due to the limited regulations, it has been hard for the government to impose taxes on the products sold online as well as the interstate business in general. According to the research that was conducted by Goolsbee, it indicates that when relating to the impact of the historical circumstance, the majority of the individuals in the US don’t pay the sales taxes on the good that are bought over the internet (Goolsbee...

Social Media Success

Social Media Success Student’s Name Institution Social Media Success Social media is becoming an essential tool for enabling individuals to connect and businesses for increasing their visibility in the marketplace. The most popular sites such as Facebook, Instagram, and Twitter are avenues for businesses to post their products online and build interactions with customers (Heinonen, 2011). To ensure that individuals and businesses use social media appropriately, several best practices are applied. First, businesses and individuals must respond promptly. For instance, when a customer posts a concern, compliment, or any other information, the business agents should respond promptly to build an...

Hip Hop In Kazakhstan

Name: Professor: Course: Date: Hip-hop music as its origins in the United States especially from young African Americans. It is music that developed in the 70s and has grown to become one of the world’s influential forms of music with influences from all over the world. One of the areas of the world that have been influenced by hip-hop music is Kazakhstan. Kazakhstan is known for its wide variety of music genres. Hip-hop music is a genre of music that is loved by young people from all over the world, and this is the same in Kazakhstan, the rap scene in Kazakhstan is said to have appeared after the disbanding of the Soviet Union and its influence rose as a result of the use of the Russian...

Channel Stuffing & Carton Medical Devices

Channel Stuffing & Carton Medical Devices Student’s Name Institution Channel Stuffing & Carton Medical Devices Channel Stuffing Question 1 Channel stuffing refers to a process in which a firm forces more products via the distribution channel that the current demand is leading to inflated sales volumes. The GAAP rules require that revenues should be stated in the financial statements only when they are earned (“Channel Stuffing”). Given that channel stuffing allows the retailer to have extra units that the current demand, the excess sale should not be recognized since there are high chances that it will be returned. If an organization acknowledges sales from its channel stuffing...

AICPA Code of Professional Conduct Violations / IBM and Google

Questions Name Institutional Affiliation Questions Violation of the AICPA Code of Professional Conduct leading to a disciplinary action One of the violations of the AICPA Code of Professional Conduct that led to disciplinary action by the American Institute of Certified Public Accountants involved the case of Ray E. Plummer. Acting in his position as an accountant, Plummer violated the ethical rules of the organization by carrying out audits of a real estate which was owned by a trustee of which he was a co-trustee (Thomson Reuters, 2018). In his failure to comply with the rules of AICPA, Plummer led to the circumstances of conflict of interest whereby he was likely not to give the true and...

Cyberattacks in Public Companies & Koss Corporation

Cyber-attacks in Public Companies and Koss Corporation Student’s Name Institution Cyber-attacks in Public Companies and Koss Corporation Cyber-attacks in Public Companies Question 1 The requirements for cyber-attacks disclosure were passed by the SEC in October 2011 and aimed to ensure increased reporting for an organization for any losses and incidences relating to attacks. According to the SEC, organizations must disclose all matters about cyber incidents especially when such occurrences have a significant impact on the ability of the investors to make decisions on their investments in the enterprise (Johnson, 2015). Entities should also report the controls and procedures against cyber...

IRA Vs Roth IRA

Citation: Clark v. Rameker, 573 U.S. (2014) Argued: March 24, 2014 Decided: June 12, 2014 Decision The Supreme Court unanimously declared that an inherited Individual Retirement Account (IRA) is not protected by the Bankruptcy Code- they are not treated or regarded as “retirement funds,” which are under the protection of bankruptcy. In explaining their ruling, the court pointed out three major factors that distinguished IRA from other funds protected by bankruptcy. First, under the limitations of section 219 (d)(4) of the IRC, owners of the inherited IRA cannot make contributions into the account as a retirement account. Second, section 408 (a)(6) of the IRC requires the owners of the...