Accounting

Name Instructor Course Date Response to MCAA U2DB2 Response 2 NR From the posting, I learned that there are many shortcomings of the conventional top-down leadership which emanate from the communication challenges as a standardized corporate language has never been devised. ACG had a similar problem due to its size and thus diverse cultures, laws, time zones prompting them to adopt a heightened sense of understanding (Manguvo et al., 2013). It is essential to incorporate all ideas from all the stakeholders as it increases inclusivity and a sense of ownership into a program. I have a personal affiliation with this mode of management as when consulted before the commencement of a project, I...

Responses Name Institutional Affiliation Response #1 Auditing is an essential function for all businesses since it ensures the financial records and other control systems in a company can be checked. Your discussion is based on the different assertions within a company. You have provided a clear definition to the issue of assertions as well as how that can be tied to the auditing function. Your discussion states that assertions can be classified into different types depending on the claims by the management. The completeness assertions are of interest since it focuses on how businesses present their financial statements (Accounting tool, 2017). This ensures that the stakeholders can understand...

Responses Name Institutional Affiliation Response #1 While focusing on the issues affecting companies such as Atlantis, one ought to take into account the needs of the employees. In your discussion, it seems that you advocate for the fair treatment of employees. I agree with your discussion that Shawn has shown more concern for the workers and is willing to help them get the needed motivation and resources to help the company recover. Your analysis also comes up with different types of leaders such as the affiliate leader and the authoritative leader. I feel that you should have focused on transformation versus transactional leaders. This would have helped you deal with the how the two types of...

Student’s Name Instructor’s Name Course Date FR U3DB2 Response 1 and 2 FR U3DB2 Response 1 (Tamela) Overall, the post was informative. I was particularly captivated by the concept of governing authority’s laws and regulations as applied in accounting. The illustration of Security Exchange Commission (SEC) made it easy to understand how an account’s work fits in the whole picture of finance sector (SEC.gov, 2016). Reflecting on the reading, I think that the writer can add the idea of ways in which wealth of organizations can be improved and losses minimized. I think that the accountant’s job is more than just recording assets and liabilities and penetrates to how the whole...