Sources of Finance for Business: Pros and Cons

Wellsprings of Finance for Business: Pros and Cons Wellsprings of Finance Money is basic for a business’s, advancement and development. Fund is the center factor for most organizations and subsequently it is significant for organizations tomanage and keep up their money related assets better. Account is accessible to a business from avariety of sources both interior and outer. It is additionally vital for organizations to pick the most fitting wellspring of money for its few needs as various sources have its own advantages and expenses. Wellsprings of fund can be arranged dependent on various variables and the can be delegated Internal and External, Short-term and Long-term. Distinguish the wellsprings of account accessible to a business Working capitalâ proprietors finding that are put into business from the earliest starting point to financeâ operation. Obligation will be made fit as a fiddle of capital. Favorable circumstances Since it is an inner source offinance there are no costs included and no reimbursement is required. Disservices Opportunity costs are included. Isn't reasonable forlong term ventures. Working capital can't raise a lot of assets. All out hazard is attempted by the organization. Utilizing working capital as a source offinance will influence the present proportion of the business. Bank Overdraft  occurs when cash is pulled back from the ledger and the availableâ balance goes underneath zero. There are diverse bank charges which areâ depending on the understanding. Focal points This is a decent method to cover the period between cash leaving and coming into a business. Whenever utilized in the momentary it is normally less expensive than a bank advance. Detriments Intrigue is repayable on the sum overdrawn Can be costly whenever utilized over a more extended timeframe. Home loan this is an advance made sure about on property reimbursed in portions over quite a while aroundâ 25 years. The business will claim the property once the last installment has beenâ made. This is a drawn out wellspring of fund. Points of interest Business has the utilization of the property. Installments are spread over some undefined time frame which is useful for planning. When all reimbursements are made the business will possess the benefit. Drawbacks This is a costly technique contrasted with purchasing with money. On the off chance that business doesn't stay aware of reimbursements the property could be repossessed. Bank credit  This is a fixed sum for a fixed brief timeframe with fixed reimbursement. The interestâ on this advance can be costly. Points of interest Set reimbursements are spread over some stretch of time which is useful for planning. Burdens Can be costly because of intrigue installments. Bank may require security on the credit. Recruit buy happens when purchaser is paying for things or things in fixed portions whileâ using the thing. Focal points Organizations can have the utilization of state-of-the-art hardware right away Installments are spread over some stretch of time which is useful for planning When all reimbursements are made the business will possess the advantage. Impediments This is a costly technique contrasted with purchasing with money. Exchange Credit it is a framework that permits purchasing something now and paying letter. For manyâ business exchange credit it is basic for business to development. Points of interest Business can sell the merchandise first and pay for them later Useful for income No premium charged if cash is paid inside concurred time. Hindrances Rebate given for money installment would be lost Organizations need to deliberately deal with their income to guarantee they will have cash accessible when the obligation is expected to be paid. Government Grants †this associations offer awards to organizations, both built up andâ new and ordinarily there are a few conditions apply. Focal points Don’t must be reimbursed. Drawbacks Certain conditions may apply Not all organizations might be qualified for an award. Calculating  is a money related exchange that happens whereby a business sells its accountsâ receivable to a third part at a rebate. Favorable circumstances A huge extent of cash isreceived inside a brief timeframe outline. The business record of the business can be redistributed to the factor. The cash assortments from account holders are embraced by the calculating organization. Helps a business tohave a smooth income activity. Non-plan of action considering shields the customer organization from awful obligations. Hindrances The business needs to pay interests and charges for the factor for its administrations. The cost will be areduction on the company’s net revenue. Break down the expenses of various wellsprings of fund Working capital Substantial cost: They don't have any expenses as it proprietor cash that will be contributed to begin a business. Opportunity costs: Could have obtained extra if the working capital isn't sufficient from family members, companion. Duty impacts: This can be reimburse when the benefit will rise. Bank Overdraft Unmistakable cost: Interest is somewhat higher than forbank advances and premium is determined every day. This is present moment and speedy wellspring of account which isn't pay on time extra and huge intrigue charges will apply. Opportunity costs: Could have obtained from family members or companion to maintain a strategic distance from additional charges or to feel into obligations. Assessment impacts: It can be deducted when the business is expanding resource. Home loan Substantial cost: Interest rates apply as concurred in regularly scheduled payments over quite a while for the most part for a long time. Opportunity costs: Could have obtained from family to maintain a strategic distance from the intrigue expenses. Duty impacts: The property will be controlled by the association if regularly scheduled installments are not meet. Bank advance Unmistakable cost: Interest to be paid on the total obtained at concurred rate. Intrigue is normally fixed forshort term advances, and long haul credits as a rule have a variable pace of intrigue. Loan costs are lower than for bank overdrafts. Opportunity costs: Could have obtained economically from family members or companions. Duty impacts: Interest is charge deductible from benefit before we show up at benefit figure for charge reason. Recruit buy Substantial cost: The business winds up paying more than the first estimation of the benefit for its buy and the intrigue has been paid in equivalent portions. Opportunity costs: Duty impacts: Interest charges can be balanced against benefits for tax assessment. Exchange Credit Unmistakable expense: If paid on time there is no monetary cost included, in any case if not paid on time the intrigue will apply consequently. Opportunity costs: Working capital and companions. Duty impacts: own ownership of merchandise can be evacuated by the obligation association or deal or lease to take care of the intrigue expense. Government Grants Unmistakable cost: Government awards are free and have nofinancial costs. Opportunity costs: Could have acquired from family members or companion as there are no legitimate understandings included. Assessment impacts: No money related expenses are included. Considering Substantial cost: The business must compensation interests and expenses for the factor for its administrations the intrigue is determined on a dailybasis, credit the board and regulatory expense are likewise chargedand ranges. Opportunity costs: Working Capital will be a superior other option or family members and companions. Assessment impacts: The business must compensation interests and expenses for the factor for its administrations and the cost will be areduction on the company’s overall revenue. Assess proper wellsprings of money for a business venture There are a few wellsprings of money accessible to a business available. Accounts are required for some and various purposes need sources offinance which are generally appropriate. While picking a most fitting wellspring of money a few conditions must be thought of. The conditions that need tobe thought about while picking a proper wellspring of fund are: The measure of cash required The desperation of assets The expense of wellspring of money The hazard in question The length of fund The outfitting proportion of thebusiness The control of the business Undertaking Hair and Beauty Business Project â€Å"Inspiration† points are to be the principal excellence salon in the neighborhood will convey extraordinary and quality help by offering exclusive expectation magnificence items which will rapidly pick up piece of the overall industry. â€Å"Inspiration† will give clients an unwinding and consoling climate which will assist them with enjoying the administration gave to increased high notoriety. Buildingâ Mortgage long haul which will be payable for a long time. Faculty Bank Loan brief timeframe with fixed reimbursement 3-5 years. Furniture and fixed and so on. Working Capital proprietors finding that are put into business. Brochuresâ Overdraft transient it is generally less expensive than a bank advance. Advertisementâ Bank Loan Set reimbursements, spread over some undefined time frame, premium high. Othersâ Relatives or companions. These advances will be paid from the income from the business and will be collateralized by the benefits of the organization on present moment or long haul concurrences with the moneylenders.

US History and Government Essay Example | Topics and Well Written Essays - 500 words

US History and Government - Essay Example In 1990, American ladies would just cast a ballot in four Western States (Merchant, Gratton, and Gutmann 703). Nonetheless, toward the century's end ladies could cast a ballot in all the States in U.S. with a large number of them heightening their contribution in legislative issues. Correspondingly, Merchant and his partners record that lone six percent ladies were in the paid work power in the United States (705). At the climax of the twentieth century, around sixty-four percent of ladies were in the paid work power. Further, in 1900, ladies represented one percent of attorneys and six percent of specialists, rates that rose generously to twenty-nine percent and twenty-six percent individually. For ladies who strived for autonomy, this was an exceptional advance as they continued looking for political and social opportunity. During the twentieth century, family pay of underestimated gatherings, for example, the African Americans improved (Steele 756). As recorded by Steele the hole in income between the minimized Black Americans and Whites diminished (757). In the center and on the beginning of twentieth century, blacks scarcely earned 40% of white’s wages while, toward the century's end, they got 80% of what Whites earned. As these components of segregation won, the adolescent from the two partitions of separation endured as the political specialists ignored their cooperation in the political field and the activity advertise. In particular, as Trujillo noticed, the adolescents from the racial minority bunches confronted strengthened resistance in the earth 1999s when contrasted with the White youngsters (81). The elements that added to the upheaval of the social and political status of underestimated bunches in the twentieth century were significantly administrative in nature. The nineteenth amendment to the U.S. Constitution in 1920, ensured women’s rights to cast a ballot. Trujillo perceives political change as a basic achievement in the

Summer Reflections 2010 Post #2 COLUMBIA UNIVERSITY - SIPA Admissions Blog

Summer Reflections 2010 Post #2 COLUMBIA UNIVERSITY - SIPA Admissions Blog John Hughes just graduated from SIPA and during his second year of study worked in our office.   He is spending the next two months in the office to assist with projects and help fill in for a staff member on maternity leave.   John is set up for a job in Washington, D.C. and will be moving there in August.   I asked him to reflect a bit on his experience as a SIPA student and contribute to the blog over the summer.   This is his second entry. ___________________________ I often speak to incoming students here at the Admissions Office who tell me that they “were admitted into the EPD concentration” or “accepted into IFEP” etc.   Though it is good that these students know what they wish to concentrate in at SIPA, I thought I should write a blog post about what to consider when you are actually selecting courses. First, if you came to SIPA for a specific concentration, by all means take all the courses that interest you in that concentration.   However, it is not necessary to limit yourself to only courses within your chosen concentration, and you can always switch your concentration if you decide there is a different one that better fits your interests (that said, you should have a good idea of the path you want to pursue before you come, and your admissions essays should reflect this).   One of the great advantages of SIPA over many of our rival schools is the breadth of courses available to students, both within SIPA and at the other graduate schools at Columbia. Every semester there are scores of courses offered at SIPA, plus many more open to SIPA students at all the other graduate schools.   You will receive a list of what these courses are (including those at other schools) before registration, and I would recommend looking through this list thoroughly before choosing your courses.   Many incoming students have the misperception that they must do as many courses within their chosen concentration as possible in order to set themselves up best after graduation, though this is not necessarily the case.   The reality is that your concentration does not show up on your transcript, and potential employers will never ask you what your concentration was.   Thus, whether you take 6 ISP classes or 8 ISP classes you will still have an MIA or MPA degree at the end of two years, the same degree as your friend who did 6 IFEP classes. I do not wish to imply that you should just take whatever and not worry about it.   It is definitely to your advantage to have a focused course of study, especially since you can list your courses taken on your resume and can use that list as talking points during interviews.   Nevertheless, it does mean that you should not be afraid to search outside of your concentration for classes that might make sense for you.   For example, taking a course in corporate finance or operations management can be very helpful for a number of careers, even though the former is only required for the IFEP and Energy concentrations and the latter is only required for the Management specialization.   Or, a course on the geopolitics of oil and gas can be helpful for a security concentrator who wishes to get a broader perspective on the issues that affect decision-making at the international level, even though it is an energy course. These are just a few examples.   The overall takeaway is that your academic time at SIPA is what you make of it.   There are countless combinations of courses you could take, and it is up to you to decide how to best combine everything.   There are, of course, many people here at the school to provide guidance, so don’t worry if you don’t know exactly which classes to take right away.   There is also the add/drop period each semester where students are free to attend any class they wish for a week or two before deciding whether or not to remain in the class.   Many students take advantage of this by going to many classes at the beginning of the semester and deciding then which ones are the best fit. Regardless of what you decide to do, do not feel that you need to pigeon-hole yourself into one track.   There is nothing wrong with taking all your courses in one area if that’s what you decide to do, but if you decide to branch out a bit you’ll be happily surprised at just how diverse the course offerings at Columbia are.

Is Education A Journey - 851 Words

By the time I hit my twenties it seemed like I had been in school forever. The start of each school year began with enthusiasm followed shortly by the countdown for summer. As the years went by, I focused on that finish line, graduation day. I certainly didn’t believe I would ever have to go back to the days of being a sponge of knowledge, struggling to stay awake through one more lecture. After many years in the work force I realized, if you want to stay competitive, you should probably consider going back to the learning lab. The world we live in is ever changing and evolving and continuing education is what will allow us to meet the challenges of being educated for jobs of the future. Over the years my outlook on learning has changed. It went from mandatory, to fear of inadequacy, to enjoyment and desire. I believe education is a journey (,) not a destination. When I was in college, after high school, the internet did not exist. All research was done in libraries, combing through books and encyclopedias. The battle for inventing personal computers had just begun and it seemed like every six months some new kind of technology was being invented. Society was enjoying entertainment more by transitioning from cassette tapes to CDs, and those who could afford it, were able to add on cable television. Huge brick size cell phones, fax machines and answering machines were changing the way people were doing business. Some of my friends jumped on the first train ofShow MoreRelated The Journey of Education Essay831 Words   |  4 PagesThe Journey of Education My educational journey has been marked by many incredible teachers and (equally incredible) experiences. I am very fortunate to have been a student to some of the greatest, however sadly unknown teachers. My educational journey has been accompanied by teachers from all ends of the educational spectrum. 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Especially theRead MoreMalala s Journey Is Important For Females Education934 Words   |  4 Pages When Malala was shot on October 10, 2014, it sent waves around the world. It was making education a household word, everyone was talking about it. Various opinions on how females should be educated, whether or not they deserve an education arose. Malala’s journey was important for females education because it was no longer something that could be ignored, it became a social issue that everyone would become passionate about like Malala. Like Malala said, â€Å"When the world is silent, one voice becomesRead MoreMaking A Quality Education Is A Journey Many People Face980 Words   |  4 Pagescomplete many tasks. Finding the path to a quality education is a journey many people face. Individuals will often stumble across many obstacles while on the journey, but there is help out there. 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Essay on We Must Strive to Protect Privacy in Technology

We Must Strive to Protect Privacy in Technology Technology is getting more and more complex as the years come and go. The availability of personal information is easier to access and the risk of it being tampered with is also high. As the years pass, the threat of privacy invasion gets greater and greater and easier to happen. There are several ways that privacy is able to be invaded and there will only be more to come. Americans have had their personal information given away without even knowing it. From dozens of public and private sources that have created consumer profiles, â€Å"the average American is profiled in up to 150 commercial databases† (Hinds 7). People are trying to â€Å"prohibit collection of personal information on the†¦show more content†¦Ã¢â‚¬Å"In countless offices, employers can monitor telephone calls, peruse email messages, and even retrieve supposedly ‘deleted’ files without an employee’s knowledge† (Brin 56). There is nothing the employees can do about this if they never know it is even happening. New technology has been invading organizations as well. The workers of the organizations are also at a high risk. â€Å"Technology enhances the ability of organizations to monitor individuals† and what they do on the job (Regan 2). If they do something on the computer or phone, the possibility of someone else knowing is always there. With this problem growing, it makes workers feel uncomfortable and unsafe with every move they make. In order to feel safer about using a computer, there are some precautions that may be taken to prevent any potential hacking or privacy invasion. Firewalls may be set up to â€Å"prevent any unauthorized access to or from a network.† For a wireless network, Wired Equivalent Privacy (WEP) would be used to avoid hackers. An implement that hackers use to infiltrate a network is called SATAN. It is a â€Å"Security Administrator Tool for Analyzing Networks.† It was initially created to allow administrators to find any vulnerability in a system. Hackers have used this to look at important files and documents that are confidential (webopedia). As time goes on, so will the movement toward protecting privacy from technology. There will always be hackers that findShow MoreRelatedMobile Phones And The Advancements Of Modern Day1333 Words   |  6 PagesThe expanding use of cellular phones and the advancements of modern-day technology are leading the way for a broadening perspective and interpretation of our Fourth Amendment right. Modern technology, such as cellular phones, challenge the standards of an individual s right to privacy as set forth in our Bill of Rights, Amendment No. 4. 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The Importance Of Accounting In Our Modern Society Free Essays

string(39) " teach students accounting techniques\." Accounting is a very important term to our modern society. It is the career for men and women who at the start have their eyes set on top positions in industry, management, government, and general business. Accounting is a basic need of every businessmen, from the operator of a filling station to the government of the United States. We will write a custom essay sample on The Importance Of Accounting In Our Modern Society or any similar topic only for you Order Now It†s so important to our society. None of the business organization can operate without is. They are there-somewhere-in every business. In small business, people use pen, ink and skill keep teh records. In large business, modern accounting machines are used to operate. Men and women are directing these machines in the accounting process. Wise businessmen enter business must have some accounting knowledge. Accounting is a vital element of business. It records the way a business has grown and, after analyzing figures, suggests the way it should go in the future. Furtunes are gambled on the advice of accountants. If your friend has ever operated a business and you saw him placing figures in ledgers, then you saw him doing bookkeeping. If you have worked at a service station or supermarket and have seen books with large sheets lined in green and red lying on the manager†s table or desk, you saw books of accounting. Accounting is one of the fastest growing fields in the United States It expands each time a new store, a factory, a filling station, or a school goes up, whether in a large city or a small town. In today†s society, the demand for good accountants for exceeds the supply. As our country has expanded, business and industry have become more and more complex, so control here is very important. And control depends on a great deal of the bookkeepers and accountants who can analyze figues and advise management on what should be done. They are using more scientific ways changing money, figuring change, and collecting sales taxes. Moreover, department stores and other companies now have plants and offices widely scattered throughout the country. A new set of bookkeepers and accountants, is needed at each branch. I know there are many managements supervisory, and junior or senior executive positions are bing filled by people who started as accountants because accountants have the knowledge of methods and finance and comprehension of the fundamentals of business, and accounting is the foundation of sound business. The two kinds of accountants, public accountants and private accountants serve different important functions in business organization. Business enterprises, government agencies, and nonprofit institutions, such as universities and churches more are more likely use public accountant. They offer their services to the general public on a fee basis in much the same way as do lawyers, doctors, and dentists. In addition, the larger firms have professional accountants on their staff who work for a salary, but are also considered public accountants. The two important areas, auditing and tax services are also the job for public accountants. In a single business enterprise or nonprofit organization, the main job for private accounts in to handle the finanacial records. Manufacturing or other concerns are also need accountants, in that situation, they are often called industrial accountants. In addition, accountants are employeed by all branches of federal state, and local government, including government-owned corporations. Accountants in private and government work customarily specialize in the performance of a single type of accounting service, they may do any of the types of accounting service just described above. They also tend to become specialists in a narrow field of employment such as a particular branch of manufacturing, public utilities, or transportation. Except public accountants and private accountants, there are some other general category of accountants who are taking important parts in business organizations. They are managerial accountants, controller, cost accountant, government accountant, internal accountant and teaching accountant. Each of the accountant serves different function in business organization. A company needs well-organized management. Managerial accountant is a kind of person hired by a company and trained to be a manager one day. The managerial accountant, needs to learn all aspects of the company-people, products, plants, and equipments. They should know how to handle management responsibility, and administrative skills. A company needs somebody to record its financial operating datas, and measure performance, and it needs somebody to interpret results of operations, and to plan and make recommendations for actions. Controller is this kind person of the company and is responsible for the records of the company†s operation. His or her job is not only deal with finances, but also deal with people, products, equipments and material. In addition, he or she also needs to concern about sales and profit of the company. Like the president or vicepresident, controller has opportunities to exercise imagination and judgement and to make rewarding contribution to the company. A corporation may exist many different items in managactures, and those items go hundreds of various sized and priced componenets. The sales office will have to know the production cost of each item in order ot arrive at a sales price that will contain a profit for the company. A cost accountant works on it. He studies the items one by one, figures the cost of every parts of the products, and then arrives at the production cost of each item. Organizations of federal, state, or municipal government also need accountants to help their business. Government accountants come to do a variety of financial management work. They may deal with auditing, designing and maintaining. They may do budgeting and administrative duties requiring the use of accounting information. A modern business organization needs internal accountant to see whether the assets of a business are properly protected and accounted for, that current trasactions are completely recorded, or the company†s waste and loss whether to be saved or not. High schools, colleges or universities are also need accounting professors to teach students accounting techniques. You read "The Importance Of Accounting In Our Modern Society" in category "Essay examples" Teaching accountants, who know a great deal about accounting and has had some practical experience in dealing with persons and businesses, ready to pass along their knowledge and experiences to students and future accountants. In small schools, teachers have other duties besides their work in the classrooms. They serve as school secretaries, bookkeepers, statistical clerks, and managers in lunchrooms. In addition to the accounts mentioned above, you may also find tax accountant, a systems and control accountant, a budget accountant, or an auditor. Working people need to pay taxes. Tax is so important to our society. It†s a main financial imcome of the government. People have to pay different kinds of tax according to their imcome. For example, they need to pay imcome tax, social security tax, state unemployment tax, federal excise tax, state and local sales and miscellantous taxes, property taxes, and federal and state taxes on corportation imcomes. As an accountant, one of the job he needs to do is to hepl people to pay taxes. Taxes and accounting are intervined. In dividual tax liabilities are arrived at by an accounting process. Large corporations that pay taxes in the hundreds of thousands of dollars, hire many accountants. Thus, accountant is tightly related to the tax adminatration. Accountants use skills in tax matters to help prepare people yearly report. According to the statistics, â€Å"In California, individual CPA practitioners report that around 21 percent of their business is tax work. Public accountant practitioners, who are closer to the small income earners, report that 25 percent of their business is tax work. † Especially public accountants, their large percentage of income is come from tax work. Because of the development of the modern society and increasement of peoples† income, more and more accountants are needed for tax work. Sound business needs good record, so control accountants are needed for this. They can help and advice managers to well develop their business. Some government firms and other organizations such as banks, stores, schools, churches, need auditors to operate the business. The auditor†s report will be of particular value to stockholders and creditors, since it shows an impartial opinion of the company is financial condition. For the management of the company, the auditor can often make very valuable suggestions for cutting costs, minmizing tax liabilities, and finding new ways to increase profits. Let†s look some accounting jobs in government. There are two million federal employees are working for the government , dealing with problems of population, education, transportation, national security, welfare and others. Accountants, auditors, system analysts, and budget administrators are helping to maintain the stability in modern governmental operations. United Stated is teh largest enterprise in the world today, we can imagine how complexity of the business got to be, so accountants take important parts in the operation of these business. They work for department of Agriculture, department of Commerce, department of Defense, department of Health, Edaucaiton, and Welfare, post offic edepartment and department of teh Treasury. Department of Agriculture deal with agricultural production, chemistry, economics, engineering, marketing, conservation, price support, and production adjustment problems. The department nees accountants to help its programs. The main job for accountant in this agency is to develop and maintain financial management systems, prepare and analyze budgetary and program lost statements, check costs of commercial food processors and producers, audit various operations in the office and in the field, and check records of commercial, cooperative, and state and municipal organizations participating in agricultural programs. Department of Commerce performs a wide range of operations. It gathers information about domestic and foreign industries and trade, publishes technical information for the government, and handles allocations of materials necessary to military and atomic energy programs. It†s also a place which needs accountants. Accountants here maintain regulatory and cost accounting systems, and audit steamship, railroad, and utility companies. Department of defense is an department which includes departments of the Army, Navy, and Air Force. This department has established an ideal career program to help recruit auditors and accountants. The department needs a well-qualified accountants and auditors. Those accountants are needed to handle cost accounting, property and inventory accounting, inernal and external auditing, and budgeting. Under the department of Health, Education, and Welfare, there are Public Health Servide, the Food and Drug Administration, the Office of Education, the Social Security Administration, and the Office of Vacational Rehabilitation. Those offices are located every where in the United States, so countless accountants are needed to operate in these organizations. The work mostly involves cost accounting, hospital accounting budgeting, auditing, and financial mangement. Post Office Deartmetn is another place which needs accountants assistants. This large department employs more than 560,000 persons and operates over 35,000 post offices. Besides that, it provides money-order and postal-saving services. All this naturally involves large sums of money and huge volumes of transactions. To handle it all, â€Å"The depatment has set up within its organization a Bureau of Finance, which looks after the the accounting, budgeting, cost accounting, keeping statistics and financial data, nd financial management work. † Department of the Treasury serves as the government†s banker, bookkeeper, disburser, collector, trustee, investor, lender, printer of the currency, coiner of money, supervisor of national banks, and financial advisor to the President and Congress. It†s not hard to see that each of these duties involves accounting. The Treasure Department needs men and women educated and trained in accounting, auditiing, budgeting, and financial management. Here accountants may be systems accountants, general accountants, cost accountants, internal auditors, revenue agents, bank examiners, budget and fiscal officers, management analysts, tax analysts, and public debt analysts. There are also a nember of independent agencies with which an accountant may find interesting and challenging work. There are the Atomi Energy Commission, the Farm Credit Administration, the Interstate Commerce Commission, the Securities and Exchange Commission and other important commissions, an accountant can find an easy way upward to general administrative and managerial positions. There is a overseeing department is called the United States Greneral Accounting Office. Just as a company president is the top man over many men and departments below him. The department generally oversees all the other agencies of the government. This vital department is headed by the comptroller General of the United States. As the President is called the Chief Executive of the nation, you could call the comptroller General the Chief Accountant of the nation. His office, an independent agency in the legislative branch, has the vitally important job of making audits of the programs, activities, and financial responsibilities of federal departments and agencies. It even checks government contracts. Since women†s position has been improved in the U. S, accounting also opened its door to women. It can be the world of achievement for the women who is looking for a higher ststus than what is offered by ledgers and journals. Accountants in today†s society is expected to know a great deal about management, business practice and theory, taxes, cost accounting, auditing, and systems and controls. To the woman who can train these and other subjects gose the opportunity to work at the management level with executives and leaders of business. Women also have opportunities for specialization and self-employment in an accounting firm. That†s why I say accounting is the door which widely open to women, and more and more women are stepping into it. According to the statistics â€Å"By 1910, there were about 190,000 women engaged in the occapation. From 1940-1950 the increase in female bookkeepers was 37,395. An estimate, based on the 1950 census, showed 556,229 women bookkeepers compared to only 164,748 men in the same employment. The figures show women occupy a large percentage in accounting field. Accounting is every where. Non eof the business or nonbusiness organization can stay longer without it. There is no doubt that all the business require some people who have some experience or knowledge in bookkeeping and accounting. More and more employers prefer employees with some knowledge of bookkeeping and accounting. There are other some examples of accounting job are required in different business: Office Manager-accountant, excellent salary, may advance to plany controller. How to cite The Importance Of Accounting In Our Modern Society, Essay examples

Reflective Essay Essays - WWE Hall Of Fame, , Term Papers

Reflective Essay Highs And Lows Of Being A Fan Of The World Wrestling Federation I Love the World Wrestling Federation (WWF), I have watched and supported the WWF for over 8 years, I remember Hulk Hogan, Randy Savage and Jake Roberts and now today my idles are Triple H, The Rock and The Undertaker. What is it about the WWF that I like, if you asked me 6 years ago I would say that is because I think that Bret Hart is great and is a champion, but what about now, there is no Bret Hart or Hulk Hogan, is it the violence or the soap opera story lines. The WWF at present day is very publicised, a lot of lights and very expensive entrance music composed by well-known artists, such as Run DMC, Kid Rock and Method Man. The olden days as I call them were different, Superstars would enter the ring at the sound of drums or sometimes even a fully composed song, like for Hulk Hogan, "The Real American" that was a song that if played at an event would send chills up your back and goose bumps over my body because it was time for Hulkamania. Then there were themes that would get me into a state of seriousness, like the original Undertaker theme or Earthquake. These themes would be slow or loud and would make you think here comes the bad guy. Now all the themes sound good, The bad guys are sometimes better than the good guys, For example Triple H is a brilliant theme and is better than The Rock's theme, but the goose bump giving spine tingling effect of the rocks theme is still there and that effect has been there through out WWF history, Bret Hart, Shawn Michaels, The Undertaker, The Rock and of Hulk Hogan. I feel the arena quality these days are very good, there are live events at lots of well-known arenas like, Madison Square Garden, Joe Louis Arena, Freeman Coliseum in San Antonio and there are many others. Tours around the United States, the usual cities include, Chicago, New York City, San Francisco, Texas, Washington and so many more. WWF Tours of Britain used to take place; they would stop off in Newcastle, Glasgow, London, Manchester, Liverpool, Sheffield, Birmingham and Bristol. Now they come to the U.K twice a year, Manchester for Insurextion and Sheffield for Rebellion. It is very hard to get tickets to the events, I am really upset that I cannot go; they sell fast, Wrestlemania 16, sold out in 20 minutes. I will go to an event one day even if it means being apart of it I will get to a Pay-Per View event. My favourite 5 superstars, Triple H, The Undertaker, Shawn Michaels, Chris Jericho and Mr. Ass (Billy Gunn). Triple H, his real name is Paul Levesque, and was born in Greenwich Connecticut, I look up to him because he is a champion. The Undertaker, the dead man now known as The American Bad Ass, his real name Mark Colloway, he is very tall and sticks up for what he believes in. Shawn Michaels, he uses vanity to get across to views and fans, although it does not have the same effect when I do it. Chris Jericho, or Chris Irvine as he is known to his mother, I look up to him because I think he is great. Finally Mr. Ass, Billy Gunn, he is just amazing he always wins as well. The fans love him to. I have been a fan of the WWF for nearly 8 years as I stated earlier, in that time I have seen faces come, faces go, talent born, bad turn goodie, goodies turn baddie and champions crowned. My most recent memory of a new champion crowned is at No Mercy 2000, when Kurt Angle (Olympic Gold Medallist at Atlanta 1996.) won the WWF title from the Rock. Jericho has been a Intercontinental Champion and a European Champion. Hulk Hogan has been a Champion as well. So in conclusion why am I a fan of the WWF, I like the superstars, Chris Jericho, HHH, Kurt Angle and The Undertaker, but I liked the old stars as well, Hogan, Savage, Roberts and The