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Accounting Essays

Financial Reporting Strategies and Decision Making at Catholic Charities Archdiocese Houston-Galveston

Abstract This report discusses the financial reporting policies and financial condition of Catholic Charities Archdiocese Houston-Galveston, a large nonprofit human services organization. In the analysis, the performance of critical accounting processes, financial statements, allocations of expenditure, assets and liabilities, debt levels as well as revenue is investigated. The transactions are recorded in terms of standard ... Read More
Pages: 6       Words: 1591

Luckin Coffee Accounting Fraud

Introduction One of the most notable scandals in recent business history happened to Luckin Coffee, known at one point as China’s rival to Starbucks. The company was established in 2017 and quickly became famous amid the intensely competitive Chinese coffee market dominated by many other firms with high expansion rates that promise growth at an ... Read More
Pages: 6       Words: 1501
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Evolution of Differences Between GAAP and IFRS in Financial Accounting

Introduction The 2018 video production “The Difference Between GAAP and IFRS” updated individuals on the differences between the Generally Accepted Accounting Principles (GAAP) and the International Financial Reporting Standards (IFRS) (WolvesAndFinance, 2018). This evolution reflects how the environment of world trade changes, and how accounting standards must keep up with changed circumstances. Revenue Recognition In ... Read More
Pages: 3       Words: 625

Payroll Audit and Risk Assessment

Introduction California Crunch Company has requested an audit focusing on issues related to its payroll. Therefore, performing an audit to address this request, the research article provides a detailed analysis of how to adhere to the AICPA Code of Professional Conduct (AICPA, 2019). This write-up is based on the review of the income statement provided ... Read More
Pages: 4       Words: 845

Oklahoma Natural Solution

A certified public accountant, or CPA, is a practitioner in accounting who is responsible for maintaining the integrity of accounting principles. This case study demonstrates that I oversee Oklahoma Natural Solutions’ (ONS) yearly audit, which is carried out by an auditor at an accounting company in Oklahoma. Because the accounting structure of ONS is often ... Read More
Pages: 9       Words: 2456

A Critical Evaluation of Traditional Absorption Costing and Activity-Based Costing in Business Management

The most significant disadvantage is that the system relies on one allocation base, and the product costs cannot be appropriately reflected. For instance, such high-volume products could be overcosted because the price might need to appropriately reflect the complexity of production workers or other resources. On the other hand, low-quantity products may be undervalued, leading ... Read More
Pages: 5       Words: 1132

Cybersecurity in Accounting

Cybersecurity is a common term today, especially in today’s digital world. Interestingly, there are many people with little to no idea of what cybersecurity means. Cybersecurity includes measures used to protect companies and their assets and employees against cyber threats. Today, cyber threats have become more common and sophisticated. Also, corporate networks have become more ... Read More
Pages: 4       Words: 1013

Evaluating and Assigning to Appropriate Funds

Part A: CAFR 1) Legal debt limits and debt margins Statement 34 by the Governmental Accounting Standard Board requires that the report of the CAFR contain a statistical section on legal debt restrictions and debt margins. This gives the foundation for examining whether the company or government has provided for its financial responsibility. The legal ... Read More
Pages: 6       Words: 1392

Understanding General Long-Term Liabilities in Government Finance

Financial reporting provides insights to stakeholders that can help them determine an entity’s financial health and performance. Of course, there are still differences between proprietary funds and for-profit organizations in taking on costs. However, this kind of financial reporting is very different. Gee et al. (2022) note that compared with more conventional profit-seeking ventures, operative ... Read More
Pages: 4       Words: 996

Applicability of Managerial Accounting Concepts in the Healthcare Sector

Introduction The global economy relies on healthcare, which includes medical treatment, preventive care, medications, and health technologies. Beyond hospitals and clinics, pharmaceutical companies, insurance, and regulatory organizations make the healthcare business dynamic and complex, requiring careful financial management and strategic decision-making. The industry is vital in promoting social well-being, economic progress, and innovation in modern ... Read More
Pages: 5       Words: 1349

The Impact of Management Accounting Practices: Comparative Analysis Study Between Jordan and Romania

The pressures of globalization, technology advancements, and business volumes continue to affect the frameworks applicable to decision-making in business. The Alhato (2023) paper offers a focused analysis of management accounting research and demonstrates managerial accounting usage in Middle Eastern nations. As shared by Alhato (2023), the currently available research focuses on various aspects, such as ... Read More
Pages: 3       Words: 797

Analysis of 3D Printing Inc.’s Tax-Related Indemnification Receivables and Uncertain Tax Benefits

3D Printing Inc. stands in the rapidly changing environment of corporate taxation, where it faces its complicated situation with Subsidiary J and several issues relating to receivable indemnification linked to taxes. 3D Printing’s decision to record indemnification receivables, the events that followed an IRS audit, and its vast effects on financial reporting are discussed in ... Read More
Pages: 5       Words: 1303

Exploring the Imperative of Transparency in Off-Balance Sheet Accounts: Understanding Their Impact and Importance Within Financial Reporting Practices

Introduction Allowing off-balance sheet accounting has caused much public discussion about financial transparency. As Thiemann (2014) aptly notes, this technique not only hides such assets and liabilities from view in the company’s balance sheet but helps to conceal its actual financial condition. In well-known examples such as the Enron scandal of 2001, off-balance sheet methods ... Read More
Pages: 5       Words: 1101

Professionalism in Accounting-Finance

Introduction Professionalism in the work environment is tied in with acting respectfully, ethically and having the relevant skills. It’s an expertise that has various benefits for people and organizations alike. One reason why professionalism is so significant is on the grounds that it builds trust and believability with clients, stakeholders, and partners. When somebody acts ... Read More
Pages: 7       Words: 1764

Accountability in Nonprofit Organizations

Accountability in the context of nonprofit organizations entails holding actors answerable for actions. It may stipulate how entities and individuals report to identified authorities and are held accountable for their conduct. It incorporates several components (Ebrahim, 2016). Firstly, transparency encompasses gathering information and making it accessible and available for public analysis. Secondly, justification articulates the ... Read More
Pages: 7       Words: 1893
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Essays On Accounting

You may look at this topic and start rolling your eyes or fighting back a yawn. The last thing people want to think about or even write about is accounting. It can be a bit of a dry topic for many but it can actually be an intriguing subject to cover.

Accounting is such a critical piece of how the business world works and sometimes we overlook it due to its complexity. Yet, even a basic and core understanding of this area can show you the most realistic insights into a company’s financial health. It will highlight growth opportunities and where there may be challenges ahead.

Accounting doesn’t just keep the books in order for small businesses and companies. It can also be used for family offices, which are high-net-worth investment offices that can help with wealth management. Yet accounting isn’t just for the rich. Having proper financial accounting of your finances and any side hustles or business will help keep you compliant and avoid any type of unnecessary fraud.

How to write essays on accounting

You can go into the history of accounting or take a specific subset of accounting and write about it. Those subsets can include writing about accounting for individuals or accounting for businesses. You can also choose topics on how accounting looks on an international scale. What are the universal rules in accounting and are they similar across various jurisdictions?

You may not yet be an expert in accounting but there is plenty of research and content out there. This is because it needs to be exact and it seems the data on it is also just as precise. Make sure to cite and reference where required.

You can even take an approach to see how accounting has been modernized, and if it’s just a system of organization of financial data, can it not be fully automated?

What do accounting topics look like?

• The importance of accounting in business
• The different types of accounting
• The accounting cycle
• Accounting ethics
• Accounting fraud
• Accounting for small businesses
• Accounting for international businesses
• Emerging Trends in Accounting

Use essay examples on this page for inspiration, and start creating your own piece!

Popular Essay Topics