Accounting Report is the leading provider of competitive intelligence for accounting firms. It is renowned for its straight reporting and analysis of the news, developments, and trends that have defined the profession for over 20 years. Topics covered include breaking news, in-depth firm profiles, mergers and acquisitions, office closings, auditor changes, key personnel moves, legal and regulatory issues, competitive intelligence, niche practices and product launches, and much more. Here are several comments of what some people say about public accounting report: "Insightful information you don't see anywhere else." Says Sean Egan, Managing Partner, KPMG. "I look forward to every issue." Says Robert Leavy, Partner, Grant Thornton. "Superior job of capturing current events." Says Dennis Hanno, Professor, Department of Accounting, University of Massachusetts. An interesting issued that came across the Wall Street Journal the last month was regarding Internet Financial Accounting Reporting. How can companies improve the usefulness of their financial accounting reporting practices? Many companies are using the power and reach of the Internet to provide more useful information to financial statement readers. Recent surveys indicate that over 80% of large companies have Internet sites, and a large proportion of these companies' Web sites contain links of their financial statements and other disclosures. The increased popularity of such reporting is not surprising, since the costs of printing and dissemination of paper reports could be reduced with the use of Internet reporting. How does Internet financial accounting reporting improve the overall usefulness of a company's financial reports? First, dissemination of reports via the Web can allow firms to communicate with more users that is possible with traditional paper reports. In addition, Internet reporting allows users to take advantage of tools such as search engines and hyperlinks to quickly find information about the firm and, sometimes, to download the information for analysis, perhaps in computer spreadsheets. Finally, Internet reporting can help...
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The new age of business is here. There are so many opportunities for men and women to start a business. Though the road may be rocky the rewards can be sweet. However you have to address certain concerns before starting a business. There are so many risks and benefits associated with starting a new business organization. Starting a business carries with it a high risk. Either that risk being a failure of the business or success. The sad truth is that most businesses don't make it past two years. Furthermore there are some business organizations that carry this high risk of failure. A sole proprietorship is explained as a single owner or management head that all profits and liabilities fall on. This form of business can be extremely risky. For example if the company is sued of fails all of the liability is on the single owner. Likewise a partnership can also be just as chancy. Each partner is responsible for any debts and liabilities of a business including failure. There are business organizations that can reduce the risk of failure. These business types are usually harder to start from scratch than the sole proprietorship and partnership. One of these examples are corporations. Corporations are more realistic for large scale economic activity. They are owned by shareholders who are not responsible for losses greater than the amount of their investment. If sued no single person will be sued, only the corporation as a whole. To illustrate, for instance a limited liability corporation is a combination of personal liability protection with tax benefits and the simplicity of a partnership. In simpler words the owners are not responsible for its debts and benefit on their taxes. Though there are business organizations that are risky and those that reduce risk. Therefore what business organization would be...
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Does the secularisation of British society in the 20th century constitute the triumph of rationalism?History
Theories of secularisation assume an irreversible decline of religion in modern society, usually from the mid 18th century. It is proposed that unable to provide a generally held conception of meaning, due to the emergence of plurality of life experiences and rapidly changing social order, religion loses its ideological, political and social relevance. This loss of function in Modern day Britain can be demonstrated in numerous ways: previously religion has provided legitimacy for secular authority, endorsed and sanctioned public policy, socialised the young, sponsored a broad rang of recreational activities. However more recently, in contrast, sources of ethical concern have been replaced with manifestly secular systems, and religious values have become relinquished. Moreover, this can be confirmed statistically: through religious attendance and practise rates. Historians have sought to explain these transformations in sociological terms, arriving at a variety of conclusions regarding the causes and extent of these changes. The rise of rationalism has often featured prominently in such accounts explaining the reasons for the decline of religion in modern society. Firstly, however, some methodological warning seems necessary as there is some confusion over what exactly secularisation is taken to mean. It is important to stress religion as not necessarily equated with Christianity – although granted that it is the biggest indicator of institutionalised religion, a wide variety of alternative religious systems and values exist in modern Britain. Also, a more encompassing concept of what constituted religion is necessary to investigate the religious situation of the past century as secularisation can not simply be taken to mean who attends Church as it may be interpreted within and effect social, economic and political spheres. This essay examines the process of secularisation in all these spheres, examining the extent to which rationalism has determined its cause and course, quantifying its important in contrast...
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Animals and Pet Therapy Outline form Specific Purpose Statement: The purpose of this speech is to inform the people that owing pets not only relieves stress but can lengthen your life. Thesis Statement: I am going to present evidence that will show that having animals in your life not only reduces stress but also can reduce the likelihood of that stress becoming life threatening. Organizational Pattern: Topical 1 Introduction I: All of us are going to die eventually.. All the stress in your life collects, and with one life-ending explosion the flood gates open. However there may be a way around this, and that is going to be my focus today. II: Orientation Phase: How many of you own pets? When you're around them do you feel at ease? A. If the answer is "yes," then you are receiving what is called pet therapy. Today I am going to present evidence that will show that simply being around an animal cannot only relieve stress but decrease your chance of death because of it. 2. Pet therapy is the direct or indirect use of animals in order to reduce or relieve stress, or bring happiness to the lives of those suffering. Animals have a therapeutic essence, and they brighten a room and set people at ease. 3. Since all of you are planning on joining the workforce after you graduate, you should not only know how to handle your workload but also the stress that is bound to come with it. Death too, is coming for all of us. I for one would like that to be a long way down the road, and owing a pet can do that, by relaxing tense nerves and setting you at ease. D. After driving around St. Joe for two days, hitting up every library from here to Savannah, I believe that I am educated...
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Informative Speech Introduction I. Attention Getter: If any of you are anything like me, you tell yourself all the time that you are going to start exercising more and get back into shape. But then comes the excuse that you just haven't had the time. Well I am going to tell you how you can do this simply by walking. II. Listener relevance link: You probably are an extremely busy person and by the time you get done taking care of the kids, the husband, the house, and the dog, you have forgotten yourself. According to Dr Michael Pratt of the Centers for Disease control and prevention in Atlanta, Americans in general don't get enough exercise; 60% of Americans are not regularly active and 25% of Americans spend the majority of their time sitting. III. Speaker credibility statement: Last summer I began walking in my neighborhood and last semester I took the class and started walking on the track in the gym here on campus. IV. Thesis Statement: A walking workout provides many health benefits for people of all ages. V. Preview: I will briefly explain about the benefits of walking, the FIT Formula, the components of a walking workout, and some benefits of walking for seniors citizens. Body I. First main point: There are several benefits that come along with walking on a regular basis. A. If you walk at a brisk enough pace and maintain a high enough heart rate you will gain cardiovascular fitness. B. Walking tones the leg muscles and strengthens tendons, ligaments, and cartilage of the joints. It strengthens the heart and bones, and may slow down osteoporosis. C. Walking can improve ones self image and decrease depression and anxiety and it also helps control appetite and burn fat. D. Regular exercise for people over the age of 55 can give a more positive mental outlook and...
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Early in the middle of 60s, parties such as airlines, shipping companies, and retail industries realized that, as fast processing of information is fundamental in order to remain competitive in the business world, large volumes of paper and expensive communication means should be minimized, in order to avoid delays, mistakes, inconsistencies and high costs in business operations, and a new way to achieve this had to be found. However, we have to realize what exactly is Electronic Data Interchange (EDI). Electronic Data Interchange (EDI) is a set of standards used to exchange business information between computers, and carry out business transactions electronically. EDI is the "paperless" approach to various business processes such as inquiries, purchase orders, pricing, order status, scheduling, shipping, receiving, invoice payments, contracts, production data, marketing, sales and others. EDI works on any type of computer hardware, application system, and business process used. The fundamentals of EDI lie on two aspects, namely software and electronic communication. Two of the most important things required to implement an EDI system are EDI software and the means for electronic communications. EDI software should have the following characteristics in order to meet various business needs. ² Easy to upgrade. EDI trading is constantly advancing; therefore it should be easy to upgrade in response to any change and enhancement that are about to occur. ² Multi-network connectivity. It must not restrict connections to major EDI networks. ² Multi-standard capability. Nowadays, trading partners need to exchange electronic documents of different standards. The software must accommodate this need. ² Allows printing. Some companies need a hard copy of incoming messages. This facility should be included in the software. ² Ease of mapping. It should provide user-friendly mapping processes, which are a necessity to large companies with many trading partners. For electronic communications, the company one of the two choices: use either direct transmission...
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From World News Tonight to the cover of Science magazine, the Human Genome Project (HGP) has attracted much attention. For the past few years, the HGP has been at the forefront of science news and publicity. It has been built up to be the largest breakthrough in the history of modern science. This project will revolutionize the practice of medicine by drastically improving the treatment and/or prevention of numerous diseases and defects. The HGP is in the process of sequencing all the protein bases of DNA in a human, and although each person's DNA is unique, scientists agree that there is a certain sequence common to everyone. Finding this sequence and recognizing what parts of the DNA do what is the ultimate goal of the HGP. This task, developed in 1990, didn't just seem difficult at its time of conception; it seemed impossible. However, expected advancements in technology have occurred along the way, placing the task within reach. What will stem from these findings will for sure make a significant impact on modern medicine. The Human Genome Project is an international research program attempting to construct detailed genetic maps of the human genome, to determine the sequence, to localize the approximately 100,000 genes in the genome, and to be able to analyze all of this ("The HGP" 1). The term genome refers to the sum of all genes, which are made of DNA ("Speed" 7). DNA is made up of four similar chemicals (called bases), which are also called amino acids. They are called guanine, cytosine, thymine, and adenine. These four amino acids are repeated in a certain order throughout three billion pairs in the human genome ("Human" 5). It is this certain order that makes each person unique. Scientists do say, however, that humans are enough alike that there is...
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Downsizing, ï¿½a systematic reduction of a workforce by an employerï¿½ (pages.infinit.net/Rodrigo/downsizing.html), is a popular practice in large firms these days, and for good reason. Downsizing can reduce the companyï¿½s expenses, increase productivity, free up workers for other industries, speed up the corporate decision making process, raise stock prices, and lower unemployment percentages. For these reasons, companies greatly benefit when they choose to downsize. Downsizing can take many forms. When companies merge together, oftentimes there are many jobs that overlap. In these cases it would be silly to keep two people performing the same tasks, so companies eliminate one of the positions. This enables the company to work more efficiently to achieve the companyï¿½s desired results. When organizations are considering filing for bankruptcy, downsizing is often an alternative in order to save money immediately. In addition, downsizing is often used by companies in order to compete with the cheaper labor that South America and Asia can provide by keeping costs to a minimum (pages.infinit.net/Rodrigo/downsizing.html). The benefits of downsizing are numerous. The most obvious benefit is the reduction of expenses that comes after layoffs are made. A survey conducted by the Wall Street Journal found that after downsizing, 46% of the firms interviewed reported reduced expenses (pages.infinit.net/Rodrigo/downsizing.html). It also means lower prices on products for consumers. For instance, General Motors is known for having a very strong loyalty to its employees, therefore layoffs in the organization are rare. The result is that GM has to charge $2000 more for its cars than companies like Ford and Chrysler. If GM would shut down one of its plants, for example its brake parts plant, and buy the brakes from another company, GM could significantly cut its costs (www.startribune.com). As this case indicates, downsizing reduces the companyï¿½s costs, which is good for the company as well as...
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Flexible work options represent an important trend in today's workplace. Businesses are challenging their employees to do more with less and the employees are being pulled in many directions at once. Businesses are operating 24 hours per day, seven days per week. Despite the advancement in technology, people are working longer and longer hours. The high demand by organizations leaves less time for families to share quality time and adds a high amount of stress to individuals who are trying to balance their effectiveness at work, in the home and in the community. Organizations can benefit from implementing alternative work arrangements. Examples of possible circumstances where employees may ask for an alternative work arrangement are: employees returning from maternity, paternity or adoptive leave, employees having to care for elderly relatives, employees who may, due to a disability, now wish to work on a part-time basis, employees returning to school, or employees who may wish to spend more time on leisure interests. Some of the widely used alternative work options that many organizations are engaging in to help employees manage their fast-paced, overloaded lives are: Flex Scheduling, Telecommuting and Job Sharing. Flex scheduling is an alternative work arrangement that allows an employee to work a non-traditional schedule to meet personal needs. The schedule is created and agreed on by an employee and their manager for a period of time. There are several variations of flextime arrangements for employees to participate in. Set starting and quitting times that are determined for a specific period of time. Starting and quitting times that can change on a daily basis. Variations in daily hours (for example, an employee may work a six-hour day and then work a ten-hour day), with required core time." Variations in the daily hours per day, without required core time." Flextime arrangements were one of the first...
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The impact of the Industrial Revolution was a positive experience for some, but it was a great difficulty for others. Because of the demands for reform and protection for workers arose, government and unions began to take place. That was how the evils of the Industrial Revolution addressed in England in the eighteenth and nineteenth centuries. Unions are voluntary associations joined by workers. The Combination Act of 1800, which hindered the growth of unions, states that every workman's goal, who are entering into any combination should not be obtaining an advance of wages, or to lessen or alter the hours, or influencing any other to quit his work. Any workman who did so shall be committed to jail (Doc 1). Although the Combination Act of 1800 prevented the growth of unions, Ralph Chaplin believes that a worker should join the union. He states that there can be no power greater anywhere beneath the sun, but the unions, which makes it strong (Doc 2). Since there's so many workers working in bad conditions, the labor laws came to action. The Health and Morals Act of 1802 limited children under fourteen from working over twelve hours a day (Doc 3). The factor Act of 1833, which enacted that no person under 18 years of age shall be allowed to work at night in machinery (Doc 4). It allowed the child under 18 to work less than 12 hours a day or less than 69 hours in any one-week. There was a ten hours act, which said that the women or children's limit workdays are 10 hours. Socialism is one of the roles of government in the economy. Adam Smith, who is the father of capitalism, believes in laissez-faire, "hands off" the government. He believes all production should be sale at the best possible lowest price....
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