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In our society today, computer technology plays an important role in many form of business, especially in the field of accounting. As technology advances, not only does the use of computers penetrates individual's everyday life, it also helps to mange and improve many business operations from service, manufacturing to retail. Ken, an accounting graduate, works as an accounting clerk at Advance Manage, a service operation located in Markham, Ontario. The small business is in the form

Computers In Accounting Around a generation ago, an accountant s tools would probably have consisted of a pencil and sharpener, a hand-cranked calculator and a columnar pad. An electric pencil sharpener in those days was a high-tech accessory. Today the only one of those tools that you might find in an accountants office would be the pencil and sharpener. Replacing everything else are computers. Mostly personal computers (PCs), and their high-tech accessories and software products that do mor

Accounting Accounting is a career that offers many job opportunities and advancements, and will a little hard, work will inevitably lead to happiness and success. Accountants have different duties depending on the size and nature of the company where they are employed. Usually accountants prepare and analyze financial reports that polish up-to-date information for government agencies, businesses, and other organizations. The data accountants provide information that influences nearly eve

ACCOUNTING THE LIFE-LINE OF THE BUSINESS WORLD Christian De Church Professor Hercer Communications 215 April 18, 2000 Introduction What goes on in business and other organizations? How are their activities carried out? Who is responsible for them? And, what part does accounting play? These questions and many more are often thought about by many confused and mislead business majors. The main purpose of accounting is to provide useful, reliable, and timely information to people who make rational

ACCOUNTING THE LIFE-LINE OF THE BUSINESS WORLD Christian De Church Professor Hercer Communications 215 April 18, 2000 Introduction What goes on in business and other organizations? How are their activities carried out? Who is responsible for them? And, what part does accounting play? These questions and many more are often thought about by many confused and mislead business majors. The main purpose of accounting is to provide useful, reliable, and timely information to people

Efficient Market Theory: A Contradiction of Terms Table of Contents Table of Contents i Abstract 2 Discussion 1-1 References A-1 Abstract According to the Efficient Market Theory, it should be extremely difficult for an investor to develop a "system" that consistently selects stocks that exhibit higher than normal returns over a period of time. It should also not be possible for a company to "cook the books" to misrepresent the value of stocks and bonds. An analysis of curr

INTERNATIONAL ACCOUNTING STANDARD The overall objective of an International Accounting Standard is to contribute to the understanding of international standardization of financial accounting. This standardization would result in an increased cross border comparability of financial accounting information. More specifically, the objective is to investigate the processes of international accounting standard setting in order to learn more about the existence and nature of factors and forces pro

Schools are instituitions that help us learn things passed on from generations to generations which is now part of our daily routine. Schools really do teach too much, in terms of the quantity of material taught. Many schools in this part of the world concentrate on teaching students to memorise large quantities of information. Later on comes the phenomena called "examination". Much of this is concentrated on the students' abilities to memorize and remember the information that has been taught

On June 30, 1999 the GASB passed statement number 34. Statement 34 establishes new accounting requirements for state and local governments that are scheduled to begin on June 15, 2002. There are three phases scheduled for the implementation of statement 34, each depending on the size of the government. The largest governments must meet the requirement first while the smaller governments have more time to comply with the statement. Statement 34 will improve the governmental accountin

Accounting Ethics This paper will discuss the public perception of CPAs in today's society, pitfalls that they may encounter, methods to prevent some of these negative behaviors and consequences they may face should they fall short. Most "Who Do You Trust?" surveys rank politicians, lawyers, and used car salesmen at the bottom and certified public accountants at the top. That is because the CPA profession has a squeaky clean image—stereotyped as harmless men who wear thick glasses,