Becoming A Cpa Essay

Becoming A Cpa Essay
Becoming a CPA
Accounting is the study of how businesses track their income. Identify business goals and activities;
describe the role of accounting in making informed decisions, the uses and organization of financial
performance over an accounting cycle. Accountants engage in a wide variety of activities besides
preparing financial statements. They spend a lot of time learning how to make the business
profitable. Therefore, an accountant is perfectly positioned to become a Chief Financial Officer
(CFO; the executive who is responsible for financial planning and record keeping for a company)
because he or she probably has the understanding of what drives business and profits in a company.
Accounting offers plentiful of ... Show more content on Helpwriting.net ...
Communication skills, in accounting there is demand for employees who do not just have technical
skills, but strong people skills too. Technology knowledge, as a CPA it will be a most to know about
existing and emerging technologies in business environment and understand how to use them
effectively. Business savvy, an accountant needs to master his/her creative problem–solving skills.
Innovative answers are what will get them respect in the business world and so will responsibility,
ethics and honesty. Since I was a teenager, I grew a love for business. That is way accounting fits
my personality; I see my self as a leader and a people's person. It is very easy for me to take charge
at work and in my groups' projects. I also like to teach others, and I am open to learn too. Those are
some of the qualities that are needed to be a good leader. In addition, as a CPA, I have the possibility
on becoming a finance manager in the future. That is something I am willing to accomplish and take
my career to the next level. Yes accounting is the career for me. Accounting will open a lot of doors
for me in the business world. Thousands of businesses open every day in the U.S.A. and around the
world. Therefore, accountants have a lot of job opportunities. will be needed to do the financial
statements for those new businesses. As a CPA, my plans are to obtain a few years of experience in
an accounting firm and than open my own. In addition, if I decide to move back to
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Application Of A Master 's Course During Summer Session II
In order to start my small accounting firm, the first thing I need is to do is to complete my master's
degree and pass the CPA exam in order to have my license to practice. As noted in Appendix 1, I
intend to complete the master's program in accounting at Nichols College by December 2016. I will
be taking one course during summer session II, two classes during Fall 1 and the last class during
Fall session II. I plan to sit for the Auditing and attestation (AUD) portion of the CPA exam in
February 2017, following the Business Environment Concept (BEC) in June 2017, the Regulation
(REG) in September 2017 and the last portion of the exam Financial Accounting and Reporting
(FAR) in December 2017. These are the following requirements I need in order to sit for the CPA
exam: Completion of 120 semester hours (180 quarter hours) of credits from a national or regionally
accredited college or university. Have 21 accounting credits including coverage in financial
accounting, audit, management accounting, and taxation, and Have 9 business credits including
coverage in business law, finance, and information systems Have completed all requirements for a
conferral of a bachelor's degree Be 18 years or older At this point in time, I have all of these
requirements above in order to sit for the CPA Exam. The next step will be to submit my exam
application and request and forward my transcript and pay my exam fees and then schedule my
exam times. The application fee will be

Career Goal: Obtaining CPA Degree
My overall career goal is to obtain my CPA license. To obtain my CPA license, I will first obtain my
associates degree in accounting, Associates of Applied Science. This degree will help myself obtain
an entry–level position in the accounting fields. By obtaining my associates degree in accounting, I
will count with a two–year background in accounting. This experience with help me obtain a part–
time job or internship in my field. With the courses, I have taken, this has provided me with an
overall view of the preparation of financial statements, journal entries, and QuickBooks software.
Internships and part–time jobs will help me in my professional plan because this will provide me
with a real–world experience as an intern that will ... Show more content on Helpwriting.net ...
This will help me gain professional connections and will teach me how to communicate in a
professional environment. By networking, I will be given the opportunity to have useful resources,
acquire references, and find new opportunities. Another possible way I can develop professional
network is within my professors. They can provide professional mentorships within my career and
guidance within the career path I wish to pursue. Networking will help me develop and create
professional connections within my field. My main source of support who will keep me on track
will be my professors. They will provide guidance and feedback. They will provide me guidance by
advising me with what courses I should take and what should I look at when looking at colleges.
Also, my main source of support would be my director at my job. My director would be one of my
main sources because she will provide me with professional connections within my job. I will have
the opportunity to network within my work environment and interact with a variety of programs.
My director will provide me with feedback on my work habits and interaction with my coworkers.
Both professors and director are my main source of support because they will provide me with
career information, possible open position for jobs, and

Ethics Case Dilemma
ETHICS CASE Dilemma of an Accountant In 1976 Senator Lee Metcalf (D–Mont.) released a
report on the public accounting industry which rocked the profession. Despite a decade of revisions
in rules and regulations (variously established by the Securities and Exchange Commission,
Accounting Principles Board, and Financial Accounting Standards Board), public accounting firms
were still perceived by many on Capitol Hill as biased in favor of their clients, incapable of or
unwilling to police themselves, and at times participants in coverups of client affairs. Senator
Metcalf even went so far as to suggest nationalizing the industry in light of these activities. Just
prior to the Metcalf report, Daniel Potter began working as a ... Show more content on
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Oliver Freeman, the project senior, assigned Dan to audit a wholly–owned real estate subsidiary
(Sub) which had given Baker a lot of headaches in the past. "I want you to solve the problems we're
having with this Sub, and come out with a clean opinion (i.e., confirmation that the client's
statements are presented fairly) in one month. I leave it to you to do what you think is necessary."
For the first time Dan was allotted a subordinate, Gene Doherty, to help him. Gene had worked with
the project senior several times before on the same client's account, and he was not wholly
enthusiastic about Oliver's supervision. "Oliver is completely inflexible about running things his
own way–most of the staff accountants hate him. He contributes a 7:00 A.M. to 9:00 P.M. day every
day, and expects everyone else to do the same. You've really got to put out, on his terms, to get an
excellent evaluation from him." Oliver was indeed a strict authoritarian. Several times over the next
month Dan and Oliver had petty disagreements over interpretive issues, but when Dan began to
realize just how stubborn Oliver was, he regularly deferred to his superior's opinion. Three days
before the audit was due, Dan completed his files and submitted them to Oliver for review. He had
uncovered quite a few problems but managed to solve all except one: one of the

Becoming A Tax Advisor Essay
Pam: How Do You Become a Tax Advisor?
Becoming a tax advisor begins with earning a bachelor's degree and finishes with earning a master's
degree for those who want excellent career stability and earning potential. Tax advisors, or tax
preparers and accountants, help individuals and organizations understanding, complete and file their
tax returns. This can encompass everything from analyzing wage to unemployment to mortgage
interest documents.
Earn a Bachelor's Degree
Tax advisors usually have a bachelor's degree in accounting or taxation. Some major in accounting
and minor in taxation. A bachelor's degree in accounting will include coursework in corporate
taxation, internal controls, fraud audits and federal taxation. Students who major in tax accountancy
will take ... Show more content on Helpwriting.net ...
Those who want to become EAs must register with the IRS and pass a background check and the
three–part special enrollment exam. Applicants with extensive professional experience in a
taxation–related position IRS may bypass these requirements. EA candidates must obtain a Preparer
Tax Identification Number to include on all tax returns that they prepare.
The requirements for becoming a CPA are set by every state's Accountancy Board. The standard
process involves passing a four–part national CPA exam. Each exam becomes progressively more
difficult, but candidates are allowed to take the exam one–by–one with rest periods. In order to
qualify for the exam, candidates must finish 150 college hours of coursework in accounting or a
related field, which is 30 credit hours over the standard four–year degree. Some accounting
programs are specifically geared towards students who want to become CPAs.
Those who are interested in becoming a tax advisor can peruse the Accreditation Council for
Accountancy and Taxation's website.

Why Are Ethics Important in the Accounting Profession? Essay
Why Are Ethics Important In The Accounting Profession? Sheree Fletcher CE CAPSTONE
COURSE FOR THE ASSOCIATES DEGREE IDS399 September 10, 2006 What does ethics have
to do with accounting? Everything, since there have been some recent financial accounting scandals;
a few examples being Xerox, WorldCom, Enron, which have generated much unwanted and
unfavorable publicity for CPA's, including those working as controllers or chief financial officers
for organizations. When you hear the word "ethics," what is the first thing that comes to mind?
Having to make the decision of doing what is right versus doing what is wrong. Some idealists say
that decisions of ethics should not be conditional. However, that is not as simple as it ... Show more
In order to pass the self–study course the student must obtain a 90%. Ethical questions are also on
the Uniform CPA Examination. The examination was revised in Spring of 2004; the exam now
contains professional responsibility as part of the new section entitled "Regulation," and constitutes
a maximum of 20% in this new section. Unfortunately, since 75% continues to serve as the passing
grade for the examination, examinees will be able to pass the "Regulations" portion of the revised
exam regardless of the examinees knowledge in ethics. No matter what form of testing that is
mandated for the CPA licensure, some states may require applicants for certification to meet a
character and fitness requirement. The state of New York has included questions about crimes and
unprofessional conduct for their Application for License and First Registration candidates. CPA's are
required to complete Continuing Professional Education (CPE) credits in every state except
Wisconsin in order to maintain their licenses. The usual requirement is 40 credits per year. There are
currently only ten states that require continuing training on ethics and professional responsibility,
which typically is two hours annually or four hours every two years. However, 30 out of the 41
specified number of hours that must be taken exclusively in ethics or in other limited topics,
including ethics. Even though the revised "Joint

FACTORS AFFECTING THE PREFERENCE OF THE
"FACTORS AFFECTING THE PREFERENCE OF THE STUDENT TO TAKE IT COURSE"
REGGIE LYN M. DANGIN
JENNISA DE ESOY
ENRIQUETA BELINARIO
CHERRY ANN D. CRUZ
RIZA BASADA
Submitted to the Faculty of the School of Arts, Science and Technology of Romblon State
University Romblon Campus, Romblon, Romblon
In Partial Fulfillment of the Requirements for the Degree of
BACHELOR OF SCIENCE IN INFORMATION TECHNOLOGY
December 2014
TABLE OF CONTENTS
PAGE
PART I. PRELIMINARIES TABLE OF CONTENTS
PART II. MAIN OF THE BODY OR TEXT
CHAPTER I.INTRODUCTION Background of the Study Statement of the Problem Significance of
the Study Scope and Delimitations of the Study
CHAPTER II. REVIEW OF RELATED LITERATURE AND STUDIES Related Literature/
Theoretical ... Show more content on Helpwriting.net ...
Scope and Delimitation The scope of this study was focused on the factors and problems
encountered by the students in taking up the course. The factors were delimited to student's
background on how they prefer to take the course and to their learning skills and styles. The
respondents were the 1st. year BSIT student of RSU Romblon Campus Romblon, Romblon. The
sample of the study was 50 respondent which were purposively chosen.
CHAPTER II
REVIEW OF RELATED LITERATURE AND STUDIES
In this section, the readings, past studies, and views regarding the pertinent variables under the study
as viewed by other researchers and journalists are herewith showcased, both local and foreign, as
accumulated by the authors. The theories in which the researches is rooted are also presented in this

chapter.
Related Literature/ Theoretical Framework
Even a casual reading of the extensive literature on student development in higher education can
create confusion and perplexity. One finds not only that the problems being studied are highly
diverse but also that investigators who claim to be studying the same problem frequently do not look
at the same variables or employ the same methodologies. And even when they are investigating the
same variables, different investigators may use completely different terms to describe and discuss
these variables. My own interest in

A Brief Summary of the Aicp Code of Conduct
I consider the Code of Conduct to be used as a platform of rules, or values, for CPAs while engaged
in all types of assurance, non–assurance services, and should apply to all auditing functions in any
given business environment, including government and non–for–profit companies. Furthermore, I
feel the three key elements of the code that all CPAs should adhere to are the Integrity and
Objectivity Rule, General Standards, and Acts Discreditable Rule. As a final point, could these
codes of conducts also correlate to any Ignatian element of Spirituality? The first code of conduct I
consider important deals with integrity, or being honorable, and objectivity, maintaining an open
mind, while engaging in any services provided by a CPA. ... Show more content on Helpwriting.net
...
In any business environment from a clerk's position to CFO, public or nonpublic, these individuals
should reflect on how proficient they need to be while performing accounting services especially
when dealing with public monies. In conclusion, the Code of Conduct is defiantly an enforceable set
of rules with a linking to the Ignatian value of self–awareness, can be applied to an individual,
public, and non–public businesses. Furthermore, the Code of Conduct also sets the stage for any
CPAs accounting engagement and emphasizes what I consider to be the three most important rules
that all CPAs, and their subordinates, should abide by: Integrity and Objectivity, General Standards,
and Acts Discreditable Rule. Without this Code of Conduct, CPAs will be honorless, subject to
public demonization, and will be definitely defendants in any litigation, civilly andor criminally.
References
1. Levesque, J. (August 2011), Final Analysis: What if companies were run according to Jesuit
principles? Retrieved from

How Technology Will Change The CPA Job Essay
Charles Duell, the director of the U.S Patent Office at the beginning of the 20th century prophesied,
"Every thing that can be invented has been invented." Looking back, one may remark about the
ignorance of this statement, and laugh in the irony of how much has actually changed. However,
while the laughter is going on a question in raised; "is it possible that today's businesses are
believing what Duells said, 'that there is nothing more to come?'" Today, companies have access to
some of the most groundbreaking technology, but are they taking advantage of it? One field that has
changed dramatically over the past few years is the accounting department, specifically the
profession of a Certified Public Accountant (CPA). Are CPA's staying ... Show more content on
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In the early 1980's very few accounting classes were encouraged to have group projects or even
make presentations, but just as technology is evolving and adapting, so is the accounting classroom.
Accounting courses are encouraged to implement some of the same standards and situations that are
present in the CPA's work life, into the curriculum, in attempts to make the accounting profession an
even more competitive market. While the main objective used be a passing of the uniform CPA
examination, now the objective is to have a "ready–to–go" accountant.
A CPA, CMA, Partner for UHY LLP, Steve McCarty, believes in staying up to date with the
advances his company, as well as the world, is making involving the technology that will be
changing his profession. He is aware of constant changes and enjoys being on the cutting edge.
When asked how technology has impacted his career, an enthused McCarty responded, "HUGE!
When I started 15 years ago, I did not have a computer. We typed financials and prepared tax returns
by hand. Technology has allowed for us to grow more efficiently, faster, and remain cutting edge.
Technology has also created opportunities for our profession. Now we are hired to test client IT
Systems and do walk through to help facilitate or audits" But while his response was extremely pro
technology, other CPA's seem to be in the dark on how

Certified Public Accountant ( Cpa )
Certified Public Accountant (CPA) certification is the most important certification, and the highest
professional designation for accountants in the United States. This certification allows accountants
to prove their profound expertise and knowledge in accounting field upon successful competition of
a set of requirements and ultimately certifying them as qualified accountants. Among other
distinguished certificates available to professional accountants that would be just as beneficial for
their accounting career depending on personal preference are: Chartered Global Management
Accountant (CGMA), Certificate in Financial Forensics (SFF), and Certified Internal Auditor (CIA).
As far as my personal career achievements go, obtaining the CPA certificate is my immediate goal;
pursuing the CGMA certificate is part of my ideal plan.
CPA Membership Requirements In order to be licensed in the state of Virginia, a CPA candidate
needs to meet a few requirements set forth by Virginia Board of Accountancy (VBOA). According
to VBOA, "an applicant must first meet the '3 E's'" which are "Education, Exam, and Experience."
Prior to sitting for the CPA exam, a candidate should prove to have the required educational
credentials. Having higher education with a minimum of 120 semester hours would qualify an
applicant to sit for the CPA exam. However, to ultimately obtain the CPA certificate, recent changes
in VBOA policy clearly state that an applicant must have a total of 150 credit

Disciplinary Action Paper
CPA Disciplinary Action In January of 1988 the AICPA introduced the Integrity and Objectivity
Rule number 102. The rule states that a member shall maintain objectivity and integrity, shall be
free of conflicts of interest, and shall not knowingly misrepresent the facts or subordinate his or her
judgment to others (AICPA). Rule number 102 has three separate violation interpretations. The first
interpretation of rule 102 states that a member that makes, permits, or directs another to make
materially false and misleading entries in financial statements is a violation. A second interpretation
of the rule states that if a member fails to correct an entity's financial statements or records that are
materially false and misleading when he or ... Show more content on Helpwriting.net ...
The AICPA established rule 202 labeling it compliance with standards. According to NYSSPCA, a
member who performs auditing, review, compilation, management advisory, tax, or other
professional services shall comply with standards promulgated by appropriate bodies. The
expectations of this rule at to the point and do not offer any other interpretations of the rule. Bruce
McDonald an auditor for McDonald & Associates P.C. violated Rule 202 compliance with
standards.
Mr. McDonald failed to document seven separate important factors that should have been included
in the audit. He also did not obtain sufficient competent evidential matter to support the opinion on
the financial statements with respect to the certain audit areas. Mr. McDonalds report was not
modified, nor was there justification for departures from generally accepted accounting principles
for the Fund's financial statements inappropriately recognizing a benefit obligation without actual
medical claims to support the obligation. Mr. McDonald did not obtain written representations from
Fund management for all periods covered by the auditor's report. The report that he provided did not
comply with generally accepted auditing standards in that the report did not include a statement that
the financial statements are in conformity with generally accepted

Examination Of The Cpa Exam
In Massachusetts, one can take their CPA exam as long as they have a Bachelor 's degree and at least
seven classes (or twenty–one credits) of accounting and three classes (or nine credits) of business,
such as finance, business law, and information systems. To apply for CPA exam, one must turn in an
application, with a fee of $195.00, all official transcripts from the institutions attended, and a recent
2x2 photograph, showing only the head and shoulders (National Association of State Boards of
Accountancy, 2016). The CPA exam has 4 individual sections and one can take one or more sections
of the exam at a time. All sections must be passed within eighteen months of taking the initial
section(s) of the exam. An examination fee (for each section) and a registration fee (for each time
one registers) are due before the exam. An exam must be scheduled and taken within six months
after one registers to take it. After receiving notice that one has passed all sections of the exam, can
one apply for certificate to be a Certified Public Accountant. However, one must also complete one
hundred fifty credits, earn a graduate degree in accounting from a university that is accredited by the
Association to Advance Collegiate Schools of Business (AACSB), and have worked for a full year
in public accounting, including 1000 hours of full disclosure financial states. This can happen no
later than three years after the notice of passing all sections of the exam was received. The
application

Texas Cpa Report
THE UNIFORM TEXAS CPA EXAMINATION: REQUIREMENTS AND PROCESS Prepared for
Dr. Newman by Stefanie Chen October 19, 2015 CONTENTS EXECUTIVE
SUMMARY................................................................................ii
INTRODUCTION............................................................................................1 REQUIREMENTS
TO APPLY FOR AND SIT FOR THE TEXAS CPA EXAM...................1 Moral
character.....................................................................................1 Degrees&150
hours.................................................................................2 Accounting, business, and ethics
courses........................................................2 FOUR SECTIONS AND TEST
STRUCTURES.........................................................5 Coverage and
structure............................................................................5 THE RULES, TESTING WINDOWS,
AND SITES.....................................................6
Rules.................................................................................................6 Testing
window.....................................................................................6 ... Show more content on
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Exam/Qualifications – Requirements for Examination Candidates must meet the following
qualifications to take the CPA exam. * Be of good moral character. * Hold a baccalaureate or higher
degree from a board–recognized United States college or university, or an equivalent degree. *
Complete150 semester hours or quarter–hour equivalents of college credit. * Complete 30 semester
hours or quarter–hour equivalents of upper level accounting courses from a board–recognized
college or university, of which 15 semester hours or quarter–hour equivalents must be in traditional
face–to–face courses. Within the coursework two–semester hours of accounting or tax research and
analysis are required. * Complete 24 semester hours or quarter–hour equivalents of upper level
related business courses. Within the coursework two–semester hours of accounting or business
communications are required. * Complete a 3–semester–hour Board–approved ethics course. Four
Sections in the CPA Exam * Auditing and Attestation * Business Environment and Concepts *
Financial Accounting and Reporting * Regulation The Rules, Testing Window, and Sites *
Scheduling rules * Testing window * Testing centers in Texas Prepare for and Take the Uniform
CPA Exam * Courses and options

Aicpa Ethical Dilemmas
Accountants and auditors are often faced with having to make decisions that bring ethics into
question. The American Institute of Certified Public Accountants (AICPA) sets the standards for
professional conduct that dictates what accountants are allowed to do and what they are not allowed
to do. However, issues do arise that have not been addressed by the AICPA and when this occurs it
is up to management to use their best judgment to make a determination about the ethical
implications of their actions (Allen, 2011).
Case 1
Don Moore, a partner in the firm, lives with his girlfriend in a condominium that Moore owns.
Moore's girlfriend, Joan Scott, is a stockbroker and has recently begun acquiring shares in one of the
audit clients of the ... Show more content on Helpwriting.net ...
As stated in the AICPA standards of professional conduct regarding acceptable levels of
independence, "a reasonable and informed third party who is aware of the relevant information
would be expected to conclude that a member's independence is not impaired (Allen, 2011)."
This is the situation with Mary Reed, a new staff auditor with a CPA firm who is currently going
through a divorce. Her husband, who has always been resentful of Reed's professional career, has
decided to be vindictive and attempt to compromise Reed's independence by purchasing shares of
stock in each of the publicly traded clients that the company that Reed works for does audits for.
Knowing the facts, a reasonable person would probably conclude that Reed's soon to be ex–husband
is trying to be spiteful and harm Reed's career. Because of this and the fact that Reed's husband has
purchased just one share that is considered immaterial, a reasonable person would also likely
conclude that Reed's independence has not been impaired. Even with this information, Reed should
not be permitted to work on any audits involving the affected client's until after the divorce is
finalized (Tidrick,

Accounting Is Most Known For The Hardest Fields
Accounting can be considered one of the hardest fields to take on in a college setting. There are
many equations, theories, and rules one must follow. Accounting is most known for the "language of
business"(AICPA). Accounting can tell you any information that you want to know about an
industry. It is important to any company that an individual is running, so many become accountants.
Every accountant strives to obtain their CPA however some don't know the cost of doing so. Even if
one does not obtain their CPA there are opportunities that are offered with just a degree. The time
and effort going into your CPA is so immense. If an individual does pass the exam there are many
opportunities that she/he has after obtaining their CPA. CPAs can ... Show more content on
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The only writing portion in the test is in the BEC section. The test has fallen to some discussion of
change. According to the AIPCA who drafted Maintaining the Relevance of the Uniform CPA
Examination quote "The proposed changes to the exam have been crafted to reflect the profession's
evolution and keep the exam in step with the profession"(Tysiac pg. 1 2015). This would take effect
in 2017. Their proposed idea would to lessen the multiple–choice section while increasing the
number of tasked–based questions. The hours of test will also increase to a total of 16 instead of 14.
The test changes every seven years in order to reflect the changes of skills and knowledge in
accounting. According to one of the state accounting regulator quoted "We agree that newly licensed
CPAs are being asked to perform tasks and analyze data at more sophisticated levels than ever
before, As such, it is imperative that the Examination constantly evolve and test at appropriate
levels"( Tysiac pg. 2 2015). The test itself is extremely demanding, however even before the test
there are steps in order to take it. Like the CPA exam there are four steps that must be done before
hand. One of the first steps that must be taken is completing a degree program in accounting.
"Depending on what state you are taking the CPA exam, dictates the amount of credit/hours one
needs (Study.com)." "Most states require 150 hours of study to become licensed"(Study.com). In

Becoming a Texas Cpa
BECOMING A TEXAS CPA TABLE OF CONTENTS EXECUTIVE SUMMARY
..............................................................................i INTRODUCTION
........................................................................................1 BECOMING A TEXAS CPA
..........................................................................1 TEXAS UNIFORM CPA EXAM
......................................................................1 Requirements and Application to Sit
...........................................................1 Topics and Structure
............................................................................3 Rules, Testing Windows, and Sites
...........................................................4 CPA EXAM PREPARATION
.........................................................................4 ADDITIONAL REQUIREMENTS
...................................................................5 CONCLUSION
..........................................................................................5 APPENDIX A
.............................................................................................6 BIBLIOGRAPHY
.........................................................................................7 EXECUTIVE SUMMARY This report
provides the requirements and ... Show more content on Helpwriting.net ...
A new AOI is required if the candidate does not take the exam within two years of submitting the
application. The Application of Intent encompasses some of the requirements for becoming a CPA.
It is used to evaluate the applicant's moral character and education requirements. To evaluate the
candidates' moral character, the AOI will ask questions regarding the applicants' criminal history.
Applicants that answer "yes" to any listed criminal offenses will be required to submit a Background
Statement form for each offense. They must also submit electronic fingerprints which are used to
access the Federal Bureau of Investigation database and the Texas Department of Public Safety,
Criminal Records Division. Based on all of this information, the board will determine if the
applicant is of good moral character. To meet the Board's educational requirements, the applicant
must hold a baccalaureate or higher degree from an accredited, Board–recognized U.S. college or
university. Institutions that do not qualify include community colleges, two–year colleges,
correspondence schools, continuing education courses, or technical schools. An official transcript
must be submitted with the AOI for verification. The Board requires 150 semester hours earned to
sit for the exam. One way to accomplish this is to complete a master's degree or higher from an
eligible institution. Another option is to complete a baccalaureate degree from an eligible

Accounting: the Financial Accounting Standards Board (Fasb)
Intermediate Accounting Paper The Financial Accounting Standards Board (FASB) is a private, not–
for–profit organization whose primary purpose is to develop generally accepted accounting
principles (GAAP) within the United States in the public 's interest. The Securities and Exchange
Commission (SEC) designated the FASB as the organization responsible for setting accounting
standards for public companies in the U.S. It was created in 1973, replacing the Accounting
Principles Board and the Committee on Accounting Procedure of the American Institute of Certified
Public Accountants. The Financial Accounting Standards Board 's mission is "to establish and
improve standards of financial accounting and reporting for the guidance and ... Show more content
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Before passage of the Sarbanes–Oxley law, AICPA standards in these areas were considered
"generally accepted" for all CPA practitioners. In the early 2000s, federal public policy makers
concluded that where independent financial statement audits of public companies regulated by the
U.S. Securities and Exchange Commission are concerned, that the AICPA 's standards setting and
related enforcement roles should be transferred to a government empowered body with more
enforcement authority than a non–governmental professional association, such as the AICPA could
provide. As a result, the Sarbanes–Oxley law created the Public Company Accounting Oversight
Board (PCAOB) which has jurisdiction over virtually every area of CPA practice in relation to
public companies. However, the AICPA retains its considerable standards setting, ethics
enforcement and firm practice quality monitoring roles for the majority of practicing CPAs, who
serve privately held business and individuals. A formal document issued by the Financial
Accounting Standards Board (FASB), which details accounting standards and

Syllabus
University of Houston
Department of Accountancy & Taxation
ACCOUNTING 4330/5330/7330
ADVANCED ACCOUNTING
Fall 2012
Instructor: Dr. George O. Gamble
Office: 370 G Melcher Hall
Office Hours: M 1:00–2:00; T&TH 4:30– 5:30 and by appointment
COURSE PREREQUISITES
You must have junior standing and have passed ACCT 3368 with a minimum grade of C to be
enrolled in this class. In addition, you are expected to have a working knowledge of computer
spreadsheets, such as Lotus or Excel, as taught in DISC 2373.
REQUIRED TEXTS
Advanced Accounting, 5th Edition, by Debra C. Jeter and Paul K. Chaney, John Wiley & Sons, Inc.,
2012.
Intermediate Accounting any current text.
Green Scantrons to be used for taking examinations. ... Show more content on Helpwriting.net ...
These calculators are available in many department stores for less than $10.
DAILY ASSIGNMENTS
Homework – You are expected to do all the homework assignments listed in this syllabus. A few
questions, exercises, or problems may be discussed periodically in class. Special rules apply to
ASSIGNMENTS that have to be turned in.
1. You must be present in class to turn in the assignment. Under no circumstances may you turn in
an assignment for another student.

2. Assignment will be collected at the beginning of class. Do not attempt to turn in your assignment
during or after class. You cannot fax or e–mail your assignment under any circumstances.
WITHDRAWAL POLICY
Wednesday, September 12 is the Last day to drop a course without hours counting towards the
Enrollment Cap for Texas Residents.
Friday, November 2 is the Last day to drop a course or withdraw with a 'W'.
INSTRUCTOR COMMITTMENT
I am committed to the goal of enhancement of interest and skills in accounting theory and practice. I
believe that, as a faculty, our performance is ultimately judged by whether our students (1) pass the
CPA Exam, (2) obtain jobs, and (3) become productive leaders in the business community.
MISSION OF THE DEPARTMENT OF ACCOUNTANCY AND TAXATION
Our mission is to (1) prepare accounting graduates for leadership roles in business, government, and
nonprofit organizations, (2) conduct

My Career Pl Paulo Coelho
My Career Plan
As Paulo Coelho puts it, "When you want something, the entire universe conspires in helping you to
achieve it". The moment I read this line in the book The Alchemist, I thought it did not make any
sense. However, I later realized that what this quote means for me is that when I decide what I want,
I just go for it. It took me some time to realize I wanted to be an accountant. I first had to learn
about my weaknesses and strengths before knowing what career was right for me. My love for
number, attention to details among other strengths made me conclude that forensic accountancy is
the prefer career. It is a long way before I become one and I still don't have the details of where I
want to work five years from now nor what specific role. In these regard, I am very open minded. In
order to detail my career plan, it is important to mention where I am today, how I decided to choose
forensic accountancy, and where I want to be in five years.
Where do I stand today in my career path?
I am a first generation immigrant and college student. I received my associate's degree of accounting
in New Jersey at Hudson County Community College in December of 2014. I transferred to Pitt in
the fall of 2015. Then, the spring of 2016, I transferred to the College of Business Administration,
where I officially resumed my bachelor's degree in accounting. I intend on becoming a forensic
accountant, but to do so, I need to at least be a Certified Public Accountant and gain extensive

The Principles Of Public Trust
While certified public accountants (CPAs) have responsibility to safeguard the interests of the
clients they service and who pay their fees, their primary responsibilities are to act in a way that will
serve the public interest, honor the public trust, and demonstrate commitment to professionalism.
This public consists of clients, credit grantors, governments, employers, investors, the business and
financial community and others who rely on their objectivity and integrity in certifying or attesting
to the truth of financial statement reporting (AICPA Code of Professional Conduct, 2015) (the
"AICPA Code"). The concept of public trust is the basis upon which the accounting profession was
founded and continues to exist. Without it there would be little need for the profession with respect
to financial reporting. Embodied within this concept are certain characteristics of trustworthiness
that are critical to enhancing the public trust in the accounting profession. The three characteristics
that will be addressed in this paper are: ability, benevolence, and integrity. These characteristics and
their relationship to the application of professional judgment comprise what is known as the "Trust
Enhancement Model." This paper will provide an in–depth discussion of each of the trustworthiness
characteristics, their importance to the public trust, and their interrelationship. It will also
incorporate how these characteristics relate to the application of professional judgment

Example Of A Cpa Personal Statement
In the short term I aim to enroll in an MSA program that prepares me to sit and pass the CPA exam,
become 150 credit compliant, and allows me to specialize in tax. I have concluded that the MSA at
Northeastern provides the tools I need to pass the CPA exam and begin my career as a Certified
Public Accountant in the immediate future.
A CPA designation is important for me because it is not only a barometer of knowledge and passion
for accounting, but it is a representation of a person who has a strong work ethic and a mentality for
invoking continuous self–improvement. In my undergrad, I sought out numerous opportunities to
make myself a better accountant by joining a Volunteer Income Tax Assistance group, serving as
treasurer for my fraternity and Institute of Management Accountants Club, and interning as a tax
preparer amidst being a fulltime student. After reading the student experiences of Northeastern's
MSA program, I feel that the program will encourage my goals of becoming a CPA which has led
me to consider Northeastern as my next career move.
Upon MSA completion, I ... Show more content on Helpwriting.net ...
As a State and Local Tax intern for TD Bank, I attended seminars on emerging SALT issues, such as
unclaimed property and corporate tax reform, where I learned how current practitioners are advising
their clients of coming legislation and how to avoid common 'red flags' during audits. I was also
tasked with preparing quarterly estimates, applying for tax clearance, conducting monthly cash tax
reconciliation, processing fiscal year returns (electronically and paper), and resolving tax notices.
These experiences would allow me to offer a unique perspective and deepen my understanding in
some of the tax specific classes offered by Northeastern; such as Entity Tax, International Tax, and
State & Local

The Career Of A Professional Accountant
Assignment
In Canada there is now one professional accounting designation. This designation produces
accountants for different areas of the workforce and you must go through the program to get a job as
an accountant. (a).Identify the professional accounting designations required in Canada to become a
professional accountant.
Chartered Professional Accountant(CPA) is a professional designation that is replacing those
granted by the three former accounting bodies in Canada: Canadian institute of chartered
Accountants(CA), Certified General Accountants Association of Canada(CGA) and Certified
Management Accountants of Canada(CMA).
(b).Describe this designation in your own words.
The designation is a vocational certificate to prove that the ... Show more content on
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And I must be a Tax Attorney, a tax attorney is usually necessary for large, complex transactions,
usually in consolidation, business structure, etc.The last one is Enrolled Agent(EA). The EA is
America 's earliest tax credential. EA is trained in tax compliance: it is the all of their existence and
its affection keeps.
(e).What are three different business fields/areas that you feel accountants are necessary? Explain
why you feel this way.
a.Real estate leasing
With the improvement of economy, the real estate market in general will follow, the landlord mean
more business, can improve the lease price. I think it is a opportunity for real estate leasing.
b.Real estate agents and brokers
A real estate agent is a person licensed negotiations, arrangement of real estate deals. It can be
directly linked to accounting.
c. Management companies
The directors, who are responsible for the shareholders, will take responsibility for the company and
its activities and finances. The companies should have their own bank accounts, and records must be
kept of all expenditure and income. The company raises funds by levying subscription or other
charges.
(f).What area in the business world would you personally be interested in and choose to work in.
Why would you select this area?
In my opinion, business economics is better.Commercial economy entails the understanding of the
global economy and its connection

Book Review : Dennis Lee Garrison
Interviewing Mrs. Dennis Lee Garrison Owner of several sport clubs in US
dennisgarrison@clubsportsr.com By Eividas Petrulis Family, Background Dennis Garrison was born
and raised in a farm town in South Illinois. His mother was 15 years old when Dennis Garrison was
born. No one in his family ever finished a high school, in fact, both of his parents quit high school
after the ninth grade. Grandparents of Dennis were factory workers and railroad construction
workers. A generation behind were farm workers. While Dennis was growing up his father joined
the Navy and his mom started working at the factory making dresses. After serving four years in the
Navy Dennis's dad went to work to the factory as well. Later he went to ... Show more content on
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At his junior year in college, Mrs. Garrison was offered a part–time job in an accounting firm. He
worked there 20 hours per week, and worked there full–time in the summer after that year. Mrs.
Garrison graduated with a Bachelor's Degree in Accounting. Right after that he went to work for a
Certified Public Accounting firm full–time and began working on a Master's Degree in Accounting.
After one year, the University offered him a Graduate Teaching position, so he left the CPA firm to
become a teacher. Mrs. Garrison studied for the Certified Public Accountants exam and finished his
Master's degree in one year. After he passed the CPA exam, the University offered him a position.
Mrs. Garrison served one year as a university lecturer, and then moved to California to accept a
position as an Associate Professor at what is now called Cal State East Bay. Opportunity
Identification While Mrs. Garrison was teaching at the University, he met a young man who had
started a health club. He had ideas about building a bigger club, but had no business or accounting
background. They decided to try to buy a big tennis club that was failing and convert it into a club
with many types of activities, including fitness equipment, basketball, racquetball, group exercise
classes, swimming and etc. As Mrs. Garrison explained – until about 1980, commercial clubs had
been primarily "single purpose' clubs. Each club offered only one activity, such as tennis or
racquetball. Most of those

Texas Certified Public Accountant ( Cpa ) Essay
EXECUTIVE SUMMARY This report provides information about requirements and how to become
Texas Certified Public Accountant (CPA). Included is information about licensing requirements and
steps to become Texas CPA, CPA Examination, reciprocal application and how to maintain Texas
CPA license. Texas CPAs are people who certified to practice public accounting in Texas. They act
as a trusted financial advisor who helps individuals, business, and other organizations plan and
reach their financial goal. The Texas State Board of Public Accountancy (TSBPA) ensure that every
person meets specific eligibility requirements: Be of good moral character Pass the CPA exam Meet
the education and work experience requirement Pass an exam on the Board's Rules of Professional
Conduct The purpose of the Uniform CPA Examination is to provide reasonable assurance to Boards
of Accountancy that those who pass the CPA Examination possess a competence level of skills and
knowledge necessary for licensure in protection of public interest. The Exam is governed by
American Institute of CPAs (AICPA). The Exam has four sections: Auditing and Attestation (AUD)
Business Environment and Concepts (BEC) Financial Accounting and Reporting (FAR) Regulation
(REG) Reciprocal application is for the individual who was not certified in Texas and have intended
to apply for Texas CPA. Depend on the certificate, they can complete either interstate reciprocal
application or international reciprocal

New York 's Largest Public Accounting
Freed Maxick CPAs is a one of Western New York's largest public accounting firms and also top
100 firm in the United States. Freed serves closely held business, SEC companies, governmental
and non–for–profit companies nationally and internationally. The Certified Public Accountants that
work for Freed Maxick are high performance individuals who help guide their clients through
business growth, compliance with standards, security and innovation. Freed has over 300
professional and administrative personnel that are located across New York in Buffalo, Batavia,
Rochester and Syracuse. They are a highly respectable firm and an alternative to the "Big 4" that
specialize in five major accounting practices, making Freed Maxick CPAs an ideal place ... Show
more content on Helpwriting.net ...
The segregation of cubicles and offices is important because newcomers are less likely to interact or
meet with Clients one on one as managers or partners of the firm do regularly. Audit and Tax
employees tend to work in small teams or groups to fulfill tasks that are asked of them because of
this Freed also provides a variety of open workspace and access to conference rooms to
accommodate the audit and tax teams. Sometimes the teams may travel together to Clients that are
based out of the New York area and report back to the office to finalize assignments together before
they are turned over to higher management. Mr. Aquino stressed the importance of employees
working together because it allows the individuals to share knowledge and review each other's work
for accuracy and efficiency. Employees are responsible for helping Clients and ensure that they are
satisfied with the services they receive from the firm. The most efficient way to contact Clients is by
phone conference or email chains. Due to the takeover of technology emailing chains are convenient
to getting answers quickly while ensuring all appropriate individuals are listed on the chain. Phone
conferences are also very common more so for Clients that happen to not be in the New York area.
Mr. Aquino states that when possible meeting at the Client's workplace at their scheduling needs is
most ideal, it ensures the Client that Freed Maxick cares

AICPA Self-Study Professional Ethics
Choosing to become a CPA in Virginia requires some time and forethought. In order to sit for the
CPA exam in the Commonwealth of Virginia, an individual must have at least a Bachelor's degree
with a minimum of 150 credit hours, and have the degree with a focus on accounting. While being
an accounting major is ideal, a minimum of 24 credit hours of accounting courses as well as 24
hours of business courses is a requirement within the required one hundred and fifty credit hours.
("18VAC5–22–70. Education.", 2017) The accounting courses are to include auditing, taxation,
financial and management accounting. There is an initial nonrefundable $120 application fee to take
the CPA exam. The candidate is reviewed and will receive information regarding the testing upon
approval. Remember, you must have the degree, credit hours, and required courses to get approved.
The testing is in four parts and each is separate in cost and is taken separately. All four parts to not
have to be schedule at the same time. You can schedule based on your scheduling capabilities. Each
of the four parts cost is $193.45 for a total of $743 to sit for the entire test. The testing breakdown is
auditing, financial accounting and reporting, regulation and

Texas Cpa Exams Requirements
TEXAS UNIFORM CPA EXAM PAPER The Uniform Certified Public Accountant Examination
(Uniform CPA Exam) is the examination taken by people who wish to become Certified Public
Accountants in the United States. The Uniform CPA Exam is developed and maintained by the
American Institute of Certified Public Accountants (AICPA), and is administered by the National
Association of State Boards of Accountancy (NASBA). In order to sit for the Uniform CPA Exam, a
person must be declared eligible to do so by one of the 55 state boards of accountancy in the United
States. However, the requirements of state boards vary. Thus, we should do some research about the
state's requirements we plan to take. I would like to state the results I searched ... Show more
* Understanding the Entity and Its Environment (including Internal Control) (16% – 20%) * For
example, the topics include determine and document materiality levels for financial statements,
conduct and document risk assessment discussions among audit team, consideration of fraud,
perform and document risk assessment procedures, consider internal control, document and
understanding of the entity and its environment, assess and document the risk of material
misstatements. * Performing Audit Procedures and Evaluating Evidence (16% – 20%) * For
example, the topics include develop overall responses to risks, and perform audit procedures
responsive to risks of material misstatement; obtain and document evidence to form a basis for
conclusions. * Evaluating Audit Findings, Communications, and Reporting (16% – 20%) * For
example, the topics include that perform overall analytical procedures, evaluate the sufficiency and
appropriateness of audit evidence and document engagement conclusions, evaluate whether audit
documentation is in accordance with professional standards, document the summary of uncorrected
misstatements and related conclusions, and evaluate whether financial statements are free of
material misstatements. * Accounting and Review Services Engagements (12% – 16%) * For
example, the topics include plan the engagement, obtain and document evidence to form a

Analyse the Problem of Accounting Fraud in a Listed...
Analyse the problem of accounting fraud in a listed company and evaluate possible solutions In
2001, Enron Corporation went into bankruptcy due to the disclosure of false information in its
financial statements. Similarly, when Lehman Brothers collapsed there was no evidence that it had
ever publicly disclosed certain detrimental accounting information. Cases of accounting fraud such
as these have become increasingly serious. Accounting fraud can result in creditors and stockholders
losing confidence in listed companies, which negatively affects the whole worldwide economy. This
paper will briefly analyse some of the causes of accounting fraud in listed companies, and then
examine and evaluate three possible solutions to address the ... Show more content on
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Indeed, while executive stock options play a positive role in the management of a company,
according to some empirical evidence (Hanlon et al., 2003), managers may use option grants for
their own benefit (Aboody & Kasznik 2000; Yermack 1997). The above research indicates that
reducing the proportion of stock–based compensation for managers can help reduce the incidence of
accounting fraud. However, the granting of stock options in low level for company executives may
affect their working enthusiasms. The most commonly cited advantage in granting stock options to
managers is that they increase managers' loyalty and commitment to the organization, and managers
become owners with a financial stake in the company's performance (Hillstrom 1999). Moreover,
higher level of stock–based compensation helps reduce tax to companies which are not having the
need of recording options pending as an expense until stock options are exercised by executives.
This evidence points out that the listed company could provide more stock options to executives to
motivate their talent and potentiality to enhance the company's profits. Improving the independence
of auditors might be another effective way to exert control over accounting fraud. This may be
achieved through both ethics education for university students and continued ethical training for
auditors. Bean and Bernard (2009) point out

Study Unit 2 Questions
UNIT 2– Professional Responsibilities
Multiple Choice Quiz 1 A CPA's retention of client–provided records as a means of enforcing
payment of an overdue audit fee is an action that is | | | Prohibited under the AICPA Code of
Professional Conduct. | | A violation of GAAS. | | Not addressed by the AICPA Code of Professional
Conduct. | | Acceptable if sanctioned by state law. | |
Smith, CPA, is a partner of Johnson Accounting Firm. Johnson audited the books of Hometown
Bank. Smith's independence would be impaired under which of the following circumstances? | | |
Smith had an account with Hometown Bank 2 years ago. | | Smith has a collateralized automobile
loan with Hometown Bank. | | Smith is a director ... Show more content on Helpwriting.net ...
| | The firm's audit professional implemented the client's internal control over financial reporting. | |
The firm recommended an aggressive tax position to the client that is more likely than not to be
legally allowed. | | The firm's audit professional is responsible for internal control over financial
reporting. |
Which of the following statements is (are) true regarding a CPA employee of a CPA firm taking
copies of information contained in client files when the CPA leaves the firm? I. A CPA leaving a
firm may take copies of information contained in client files to assist another firm in serving that
client. II. A CPA leaving a firm may take copies of information contained in client files as a method
of gaining technical expertise. | Both I and II. | | Neither I nor II. | | I only. | | II only. | A member of
the AICPA owns an interest in a separate business that performs tax services. If the member does not
control the business, who must comply with the Code of Professional Conduct? | | | The other
owners. | | The entity's employees. | | The entity and the member. | | The member only. | |
Competence as an independent auditor includes all of the following except | | | Warranting the
infallibility of the work performed. | | Consulting others if additional technical information is
needed. | | Having the technical qualifications to perform an engagement. | | Possessing the

Financial Accounting Standards
FASB & IFRS
Financial Accounting Standards
The Financial Accounting Standards Board (FASB) has been around since 1973 and their
organization's duty and task is to set and provide effective and reliable financial accounting
standards in the United States. The Financial Accounting Standards Board is also a private sector
and is a not for profit organization, also recognized as U.S. Generally Accepted Accounting
Principles (GAAP). The Securities and Exchange Commission (SEC) and The American Institute of
Certified Public Accountants (AICPA) recognize their standards and consider them to have authority
and to be dependable. (Facts About Fasb). The Financial Accounting Standards Board's information
is heavily used by different people such as investors, lenders, auditors and many more to influence
their choices about how they designate their capital. (What We Do: Fasb) It also helps the different
financial markets run smoothly.
International Financial Reporting Standards The International Financial Reporting Standards "are a
set of accounting standards developed by the IASB that is becoming the global standard for the
preparation of public company financial statements." (AICPA). IASB started operating in 2001 and
is established as an independent organization that also sets accounting standards. According to the
American Institute of Certified Public Accountants, IFRS is used by roughly 120 nations all over.
Main Difference between GAAP and IFRS
According to Pologeorgis

American Institute Of Certified Public Accountants
Introduction
American Institute of Certified Public Accountants The non–profit professional organization,
American Institute Certified of Public Accountants (AICPA), was founded in the United States of
America. The professional organization was founded in 1887, to help ensure that the accounting
profession will gain the same respect as the other prestigious occupations have received from the
public. The accounting profession, similar to the medical, legal, and engineering profession, is
characterized by "...rigorous educational requirements [150 credit hours], high professional
standards, a strict code of professional ethics, licensing status [Uniform CPA Examination], and a
commitment to serving the public interest" (AICPA, 2016). The five characteristics help ensure that
accountancy profession is practiced by competent and ethical accountants. With more than 400,000
members located in 144 countries, the AICPA is the largest professional organization of Certified
Public Accountants (CPA) serving in the public's interest (AICPA, 2016). There are four different
types of membership one can obtain at AICPA, but to become a member of the AICPA there are
extra requirements. Whether it is passing the Uniform CPA exam, continuing their education, or
abiding the AICPA's Bylaws, it is an extra requirement to guarantee accountants are capable and
ethical. The AICPA's mission is:
Powering the success of global business, CPAs, [Chartered Global Management Accountant
(CGMAs)] and

Effective and Efficient Ways on How to Pass the Cpa Board...
Adamson University
San Marcelino Street, Ermita, Manila
Efficient and Effective Ways on How to Pass the CPA Licensure Examination
In Partial Fulfillment of the Requirements in English Communication 2
Presented by:
Dela Cruz, Mark Kelvin M.
Sumbo, Sherelyn T.
Presented to:
Prof. Mariedith B. Garcia
March 17, 2014
Chapter 1
Introduction
CPA board exam is an examination administered to graduates of Accountancy course who wish to
become a Certified Public Accountant. Certified Public Accountant is a statutory title given to the
qualified accountants and those who have met additional education and experience requirements for
certification as CPA. They are also the one who has an adept knowledge in providing public
attestation and ... Show more content on Helpwriting.net ...
It has major importance and purposes to the examinees, community and to the nation. The major
purpose of this CPA examination to its examinees is that it gives them the opportunity to test, to
examine and to try their capacity of being a certified public accountant. They take up this board
exam because they wanted to take their knowledge and skills about public accounting to another
level. This is also needed to ensure that you are capable enough and has adept knowledge in this
title. For our community, the board exam is very important in terms that it is helping them to find,
look for, and examine who really are the knowledgeable and the right one who is capable of serving
them as their certified public accountant. CPA's in every community is important to ensure in every
business its financial capabilities and needs. It is also need to determine whether the business
achieved its goal – to maximize profit or not. They are not also engage to become an accountant in a

business but also in other career opportunities related to it. And lastly, for our nation, just like for
our community, having this uniform CPA board exam for the budding accountants is important for
them to know who really are the trustworthy one where they can entrust their

Acc 576 Week 7 Assignment 1 Economic and Monetary Policy...
ACC 576 Complete Course ACC576 Week 1 to week 11 Download Answer here visit
www.workbank247.com http://workbank247.com/q/acc–576–complete–course–week–1–to–week–
11/12256 http://workbank247.com/q/acc–576–complete–course–week–1–to–week–11/12256
http://workbank247.com/q/acc–576–complete–course–week–1–to–week–11/12256 ACC 576 Week
1 Discussion "Audit Documentation" Please respond to the following: * From the e–Activity,
analyze the documentation requirements under Standard 3. Make at least two (2) recommendations
to the documentation requirements that you believe would improve Standard 3. Support your
recommendations with examples of such improvements. * From the e–Activity, rank the top three
(3) documentation requirements that you ... Show more content on Helpwriting.net ...
Based on your scenario, recommend one (1) control that would prevent or detect your fraud.
Support your recommendation with examples. ACC 576 Week 4 Discussion "Clarity Project" Please
respond to the following: * From the e–Activity, choose one (1) of the eight (8) steps in the
Clarified Auditing Standards–Learning and Implementation Plan. Based on the step you have
chosen, analyze support for the action plan proposed, and make at least two (2) recommendations
that would improve support of the action plan. * From the e–Activity, analyze four (4) of the eight
(8) steps and the actions proposed for each step. Based on your analysis, recommend at least two (2)
action modifications that accountants should consider, in addition to what the AICPA has identified.
http://workbank247.com/q/acc–576–complete–course–week–1–to–week–11/12256 ACC 576 Week
5 Discussion "PCAOB" Please respond to the following: * From the e–Activity, analyze the role of
the PCAOB to protect the public. Based on your analysis, give your opinion as to whether you
believe they possess enough of the requisite power to be effective in accomplishing their mission.
Provide support for your opinion. * Common history shows that prior to PCAOB, the accounting
industry was self–regulated through the American Institute of Certified Public Accountants
(AICPA). Create an argument that the public is either better or worse off since PCAOB assumed the

Proposed Changes Of The Cpa Exam
PROPOSED CHANGES IN THE CPA EXAM Introduction In order to adapt to the changing needs
of professionals in the accounting industry and maintain the relevance of current accounting skills,
the American Institute of Certified Public Accountants (AICPA) has made the decision to remake
the CPA exam. During the January 2014 to September 1, 2015 timeframe, the AICPA used a number
of focus groups, which included supervisors of newly–licensed CPAs, practicing CPAs, and boards
of accountancy members. These industry professionals were asked to provide feedback with how to
better prepare candidates to serve the accounting industry. The AICPA released a proposal on
September 1, 2015, that reviewed all suggested changes (Roger CPA Review, 2015). The ... Show
The content modification will include higher levels of testing cognitive skills, including "critical
thinking, problem solving, analytical ability, and professional skepticism (Roger CPA Review,
2015)." Also, the AICPA is shifting the focus of the exam from knowledge–based multiple choice
(MC) questions to task–based simulations (TBS). For example, candidates would traditionally have
an MC question on the test that read: "a taxpayer has $80,000 in wages, $10,000 partnership income
from a partnership that is a passive activity, $500 in dividend income, and $4,000 net capital losses
(Granados, 2015)." The candidate then uses that information to calculate adjusted gross income.
This MC question could be remade as a TBS. The tester would be provided a copy of the taxpayer's
Form 1099, Form W–2, and Schedule K–1. The candidate would be required to calculate the
adjusted gross income instead of choosing the correct answer in a list of possible choices (Granados,
2015). Due to the shift in focus, the proportion of TBS will increase as compared to the number of
MC questions. Each of the four parts of the exam will have this change, and the scoring will be re–
scaled. The changes to the four parts of the exam are as follows: AUD: formerly 90 MC questions
and 7 TBS; now has 70–75 MC questions and 8–9 TBS FAR: formerly 90 MC questions and 7 TBS;
new exam features 60–65 MC and 8–9 TBS REG: formerly 72 MC questions and 6 TBS; now has

The Most Important Aspects Of The Profession Of Cpas
The accounting profession is considered a very important element in the business world and the
economic world. This profession is performed by the certified public accountant (CPA). After
passing the state's exam and meeting the additional experience requirement you will get a CPA
license. Based on the article of "CPA Horizons 2025" we are going to identify the four influential
factors in the profession of CPAs, which are: Pre–certification and lifelong learning, pride in the
profession, value proposition, and world–wide profession.
Introduction
"A CPA is a certified public accountant who is licensed by a state board of accountancy. To earn the
prestige associated with the CPA license, you are required to demonstrate ... Show more content on
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They make their decisions based on financial information certified by CPAs. This profession, and
since its appearance, has not stagnated and has undergone several changes. These changes occurred
mainly after the financial scandals of the 2000s. These changes are primarily the approval of the
Sarbanes–Oxley Act.
AICPA issued an examination of the future of the profession and the determining factors of the
future of CPAs."The project examined the trends affecting CPAs in their daily work, enlisted
opinions on how these trends will impact CPAs in the years ahead, and helped to identify actions the
profession could take to meet challenges and leverage opportunities now and in the coming years."
(AICPA)
In this study we will be interested to look at four influential factors in the profession of CPAs which
are: Pre–certification and lifelong learning, pride in the profession, value proposition, and world–
wide profession.
The four most important themes that I consider are:
1) Pre–certification and lifelong Learning:
A CPA has to maintain a dynamic changing of business in matters related to government regulations
and compliance. There are different actions that a CPA can take in order to meet these needs; a CPA
must dedicate time to stay current with regulations, social economics, technology, and political
trends domestically and abroad as well. CPA must cultivate his/her interpersonal skills in order to
improve the relationship with

The Requirements For A Successful Accountant
The Requirements to be A Successful Accountant Accounting, which has been called the "language
of business", includes different types of economic activities like preparing and checking the records
that are related to finance. An accountant's task is to make sure that the records are written
accurately and the taxes are paid timely. Furthermore, the job is to examine the accounting books
and accounting systems officially to keep them up to date. Nowadays, accounting is known as a
popular business–related major. More and more people decide to become different types of
accountants because of the successfulness that the jobs can bring. Nonetheless, a large amount of
accounting college students is failed to find a position to work after their ... Show more content on
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It is possible to gain a job with a Bachelor degree; however, most candidates want to get the Master
degree before they officially search for a place of work. Therefore, I need to transfer to an
accounting university after I finish my associate degree in Business in Houston Community College.
After I achieve my Bachelor degree of Accounting, I need to spend 2 more years to get a Master
degree in Accounting. At this time, I will be qualified to take The Uniform CPA Examination and
find a good position in high–demanding companies. It is also essential to take a look at the national
rankings, CPA exam pass rates, and graduate employment statistics of the university I want to
transfer. A good university will assist me on having a wide knowledge and enhance the potentials to
have a great future. The examples of famous accounting universities that I should try my best to
have an ability to transfer to are University of Texas, University of Florida, and University of
Houston. Additionally, my performance in school has a great impact on my future career. When
majoring in accounting, the required classes that need to be taken are Business Communication for
Accountants, Introduction to Computer Applications and Systems, Principles of Accounting I,
Principles of Accounting II, Contemporary Business Law, and Principles of Macroeconomics. These
classes will give me the most helpful knowledge when I work as an accountant. Especially, I need to
work as hard as

TEXAS UNIFORM CPA EXAM PAPER
TEXAS UNIFORM CPA EXAM PAPER For many accounting students, become Certified Public
Accountants (CPA) is an important objective for their career. Each state has its own rules and
regulations for becoming a certified public accountant. In Texas, the Texas State Board of Public
Accountancy (TSBPA) sets requirements to become a CPA. This paper will illustrate those
requirements for becoming a CPA in Texas, especially focus on CPA exam, including the
requirements to sit for the exam, the topics of the exam, testing windows, and the prepare options
for the exam. In addition, the specific steps of scheduling CPA exam in 2013 also will be contained
in this paper. Licensure as a CPA is under the jurisdiction of each individual state. In the ... Show
It needs the applicants to obtain sufficient knowledge and skills in accounting professions.
Therefore, the requirements to sit for the Texas Uniform CPA Exam are strict and complex,
especially the education requirements. In order to be eligible to sit for the Uniform CPA exam in
Texas, candidates must have the following: an earned undergraduate degree, at least 150 hours of
college credits, 30 hours of Texas State Board of Public Accountancy (TSBPA) approved advanced
accounting courses, 24 hours of TSBPA approved non–accounting business courses, and 3 hours of
TSBPA approved Business Ethics for Accountants course. On July 1st, 2011, the TSBPA added
requirements of 2 hour course in Research and Analysis in Accounting and 2 hour course in
Business or Accounting Communications to be part of the 30 hours of advanced accounting
requirement, For 24 hours of non–accounting business courses TSBPA accepts up to 6 hours in each
business area: Economics, Finance, Management, Marketing, Statistics, Operations Management,
Supply Chain Management, Management Information Systems. Additionally, the TSBPA will only
accept up to 15 hours of on–line coursework. The first step for taking CPA Exam is to submit an
Application of Intent, with the exam fee of $773.20 in total (include initial application fee of $50,
$190.35 for audit section, $190.35 for financial section, $171.25 for regulation section, and $171.25
for

Individual Research Project : Cpa
Individual Research Project: CPA What is a CPA? A CPA is a certified public accountant whom is
licensed by the state board of accountancy. A CPA licenses just as a law license symbolizes that
concept of mastering the elements of the profession of accounting. In achieving such a licenses an
accountant is recognized by peers, clients, government and the public for skills, dedication and
quality of work. Accountants whom further their educations by becoming a CPA have a larger
variety of opportunities to choose from, such as Auditing, Business and management Consulting,
Information Technology, International Financial Reporting and Tax Advisory Services (NASBA). In
today's economy and technological advances the career security is the most ... Show more content
on Helpwriting.net ...
The experience must be acquired after completing required courses to sit for CPA exam (CPA–
General Exam & Licensing Informtion). Becoming a CPA, is a very time consuming and expensive
career, but with a little help from programs in the upstate it has become more affordable. Thanks to
Anderson University's new Business Administration– Accounting (CPA track) program it has
become an achievable goal. Offering a Bachelor's degree with all the requirements for an average
tuition of $12,000 a year, about half the price of comparable programs in the state (Business
Administration–Accounting (CPA track)). Thus, giving an opportunity to afford a Masters of
Accounting, which is a one year degree around the state. Within every career you must juggle with
the opportunity cost of the choices you have made, becoming a CPA the opportunity cost of all those
long nights studying rather than working pays off in the long run. Robert Half's 2016 Salary for
Accounting and Finance states that "professionals with a graduated degree or certification (like a
CPA license) make 5 to 15% more" (NASBA). Currently in the Greenville, South Carolina within
the Financial Services an Accountants salary range is $45,000 to $60,000 meanwhile a Tax
Accountants salary range is $60,000 to $80,000. Although both have the same amount of experience
the someone who holds a certification have the potential to make

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