Financial statements and recording business transactions

Assignment Help Accounting Basics

Reference no: EM13765123

Accounting is the study of how businesses track their income and assets over time. Accountants engage in a wide variety of activities besides preparing financial statements and recording business transactions. These activities include computing costs and efficiency gains from new technologies, participating in strategies for mergers and acquisitions, quality management, developing and using information systems to track financial performance, tax strategy, and health care benefits management.

Use the Internet or the Strayer Online database to research career options within the accounting field and accounting job postings in your local area to respond to the questions in the assignment.

Write a one to two (1-2) page paper in which you:

Describe at least two (2) career options someone with an accounting education can pursue. Be sure to reference sources such as the Bureau of Labor Statistics and the American Institute of Certified Public Accountants.
Describe one (1) researched accounting position, and explain the essential skills that would make a candidate successful in the position. Articulate the primary manner in which the researched accounting positions could add value to the company seeking candidates.

Your assignment must follow these formatting requirements:

Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format.
Include a cover page containing the title of the assignment. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

Identify and explain the fundamental concepts and principles in accounting, the components of the accounting equation, the primary financial accounting equation, and financial statements and reports.
Use technology and information resources to research issues in financial accounting.
Write clearly and concisely about financial accounting using proper writing mechanics.

Reference no: EM13765123

Questions Cloud

Relationship between ethics and professional behavior : Write a 1,400- to 1,750-word paper in which you analyze the relationship between ethics and professional behavior in the administration of criminal justice

Contrast the policing function at the local level : Write a 1,400- to 1,750-word paper in which you identify, compare, and contrast the policing function at the local, state, and federal organizational levels

What is the necessary billing efficiency : A small consulting engineering company bought an office building for $910,000. The company has eleven engineers and eight support staff. Monthly expenses for for salaries, utilities, grounds maintenance, etc., are $108,000. Use an average billing rat..

Write a book review on the book the life of pi : Write a Book review on the book THE LIFE OF Pi.

Financial statements and recording business transactions : Accounting is the study of how businesses track their income and assets over time. Accountants engage in a wide variety of activities besides preparing financial statements and recording business transactions.

Compose a list of five flaws that wilson might identify : Compose a list of five flaws that Wilson might identify, based on his perception of a so-called "good" public administration.

Purposes for having employee orientations : How much, as a future HR person (if you plan to be one), would you want to be involved in your employees' career development?

Pros-cons of using the current vs target capital structure : How might a firm’s cost of capital change if they moved to a more ideal capital structure (i.e., determine the weighted average cost of capital at the target capital structure)? Briefly compare and contrast the pros/cons of using the current vs targe..

What is the company cost of capital : A company is 36% financed by risk-free debt. The interest rate is 9%, the expected market risk premium is 7%, and the beta of the company’s common stock is 0.63. What is the company cost of capital? What is the after-tax WACC, assuming that the compa..

User Account

All Pages