December 23rd, 2008
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Many corporations judge the health of their finances based solely on the bottom-line. However, as one article shows, there is more to a company’s financial health than the final net profit. According to Joseph T. Wells, in his article “control cash-register thievery: show your clients the importance of looking above the bottom-line,” fraud does not always show up on balance sheets.
In this article, Wells discusses the problems a particular client had when it was found that there were suspicious return receipts on certain products. This was definite trouble for the company, which was named Discount Department Stores (most likely and assumed name in order to protect the real company that underwent this problem).
The first tip came when the company’s internal auditor spotted sales for funds of exacting amounts — 3 and are dollars — $400 and so on. Knowing that refunds do not typically come in exact hybrid-dollar increments, the auditor worked with Wells, who headed up a fraud squad at the time. As Wells question the auditor, he learned that Discount’s methods of financial accounting involved checking net sales and confirming that amount in the bank, rather than performing a horizontal analysis of income statements to determine if refunds were increasing as compared to sales. Read more…
Writing an accounting research paper is always troublesome. You will have to deal with lots of numbers, theory, mathematics, dates, etc. When writing an accounting research paper, you have to research a totally new accounting field, and make your research relevant and interesting. A research paper is a very difficult thing to write, but when it comes to writing an accounting research paper it becomes even more difficult. You need to research a specific aspect of accounting, and make sure you either find something new in this field, or add some additional thoughts and ideas to already existing parts.
When a student has problems with writing an accounting research paper he immediately starts seeking for qualified help or at least some good tips for writing a research paper on accounting. This qualified assistance needs to be found fast, and the accounting research paper assistant needs to be really qualified with good writing skills.
If you are unable to find a helper - you can simply use some great accounting research paper writing tips or guides, which will ease the process of writing. These tips are generally known, but are used to stress the importance of them.
Tip 1.
Always define the topic of the accounting research paper, and make sure you understand the topic completely, from “A” to “Z”. You need to know all the aspect of the accounting research paper and even something that is not open for general public. A good accounting research paper is the one, that can surprise the reader. The reader needs to gain some additional information, and it needs to be presented in a specific way. Read more…
