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Q. Explain about Staff accountant?
Let us travel with Tracy as she begins her career at the staff level. At the onset, she works directly under a senior accountant on each of her audits and is responsible for completing audits and administrative tasks assigned to her. Her duties comprise documenting work papers interacting with client accounting staff or clerical tasks and discussing questions that arise with her senior. Tracy will work on dissimilar audit engagements during her first year and learn the firm's audit approach. She will be introduced to a variety of industries and accounting systems. The two most significant traits to be demonstrated at the staff level are a positive attitude and the ability to learn quickly while adapting to unfamiliar situations.
The operating expenses section Operating Expenses - directly associated to the sale of merchandise General expenses (administrative expenses) related to business's offic
Money payable by customers (individuals or corporations) to the other entity in exchange for goods or services that have been given or used, but not yet paid for. Receivables typic
Q. Show accounting deception situations? In 2002 The Sarbanes-Oxley Act was approved. The Act was approved as one result of the large losses to the employees and investors from
The Bayside Company uses the LIFO cost flow method to value inventory. In the current year, profit at Bayside is running unusually high. The corporate tax rate is also high this ye
Uses of cash flow statements: The main usefulness of cash flow analysis is that it facilitates the Finance manager to approximation the cash necessities of the firm and match t
Fixed Assets An additional categorization other than current or long-term is as well used for property. A "fixed asset" is an asset which is planned to be of a lasting nature a
The total revenue of the month of June amounted to $6,500; total expenses amounted to $3,500; and withdrawals amounted to $600. The net income for the month amounted to $6,000. $
formation of partnership and changes in constitution of parternship
Assignment On accounting is language of business
what is an accounting cycle
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