Aicpa Ethical Dilemmas for Accountants

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,
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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

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 on Helpwriting.net ...
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

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 aCertified 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

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 more content on Helpwriting.net ...
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

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 Helpwriting.net ...
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

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 content on Helpwriting.net ...
* 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

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

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
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

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

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 acertified 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 Helpwriting.net ...
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

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 Helpwriting.net ...
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

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 content on Helpwriting.net ...
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

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 Helpwriting.net ...
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

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

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

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 Helpwriting.net ...
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

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 Helpwriting.net ...
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

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

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
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

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 Helpwriting.net ...
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

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

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

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 more content on Helpwriting.net ...
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

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

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 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

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

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
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

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.
...
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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

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...
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

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.

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 ManagementAccountant (CGMAs)] and

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...
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

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 OFACCOUNTANCY AND TAXATION
Our mission is to (1) prepare accounting graduates for leadership roles in business, government, and nonprofit organizations, (2) conduct

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

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