Tuesday, December 31, 2019

The Wife Of Bath s Tale By Geoffrey Chaucer And Le Morte...

Literature from the medieval period reveals the values of society through the use of literary devices. Authors incorporated the conflicts of the Middle Ages in their writing to reflect the Medieval community and their lifestyle. Kings served as the highest position and granted knights, peasants, and serfs an opportunity to work for the kings and in return the king wanted loyalty. The caste system in feudalism was honored by society. During the time period, the social status of a man was determined by wealth and the amount of land he owned, making men superior to women. Women were expected to please their husband and take care of the home. They were treated very unfairly compared to men. The stories, â€Å"The Wife of Bath’s Tale† by Geoffrey†¦show more content†¦Having five husbands helps her gain experience. Marrying five men is her â€Å"schooling† because while men are working hard, she is getting better at pleasuring them from experience (Chaucer 49) . The only satisfaction she has is from pleasing her husband. Chaucer highlights the conflicts of the time and offers a new perspective on gender roles from a different perspective. The wife is taking control over the husband by seducing him. According to the role of women during the Middle Ages, women must remain loyal to their husbands, however, the Wife of Bath, â€Å"put little value of their love.† (Chaucer 208). The Wife of Bath cares about the amount of wealth she obtains from her husbands. Her marriages did not revolve around the idea of love. Chaucer characterizes the Wife of Bath as promiscuous; she uses her sexuality to control her husbands. Chaucer incorporates many values to characterize society. Women from the Middle Ages wanted control over their husbands, they demanded whatever they wanted. The husband was still loyal to the women after he was getting controlled. Chaucer forms a character who respects the religious belief but in the same way opposes them. Sir Thomas Malory demonstrates medieval values throughout the story â€Å"L Morte d’ Arthur†. Knights from the time were obligated to honor the Ten Commandments of the Code of Chivalry. However some knights did go against it. Sir Launcelots past actions rose conflicts with King Arthur because he had a secret affair

Monday, December 23, 2019

President Abraham Lincoln Essay - 2204 Words

On the fourth of March in 1861, Abraham Lincoln became the sixteenth President of the United States of America. President Lincoln was born on the twelfth of February in 1809 in a log cabin located in Hodgenville, Kentucky, and died at the age of fifty-six on the fifteenth of April in 1865 in Washington, D.C. In 1834, Abraham Lincoln was elected as a member of the Whig party into the Illinois state legislature. Being involved with politics helped form and shape his view about slavery. Lincoln then began teaching himself about law using William Blackstone’s Commentaries on the Laws of England. In 1837, Abraham Lincoln moved to Springfield, Illinois, and started working at the John T. Stuart Law Firm. After working as a lawyer for a few†¦show more content†¦The presidential candidates that ran against Lincoln were Stephan Douglas, John C. Breckinridge, and John Bell. Abraham Lincoln belonged to the Republican Party that was against slavery, Stephan Douglas belonge d the Northern Democratic Party that was traditional about slavery, John C. Breckinridge belonged to the Southern Democratic Party that was for slavery, and John Bell belonged to the Constitutional Union Party that was for compromise. Approximately forty percent of the popular was had by Abraham Lincoln, which is not the best, but he received one hundred and eighty of three hundred and three electoral votes, which is very good and also resulted in a win for him. Helping Lincoln with his presidency was his vice president, Hannibal Hamlin. William H. Seward was Lincoln’s Secretary of State, and he distributed statutes, administered elections, kept archives, etc. Simon Cameron and Edwin M. Stanton were his Secretaries of War, and they were responsible for all military affairs not including the Navy. Montgomery Blair and William Dennison were the Postmaster Generals, and they were the executive head of the postal system of the United States. Caleb B. Smith, John P. Usher, and James Harlan were the Secretaries of the Interior which meant they oversaw national parks, national landmarks and Native American reservations, etc. Salmon P. Chase, William P. Fessenden, and Hugh McCulloch were the Secretaries of the Treasury, andShow MoreRelatedAbraham Lincoln : An Influential President1572 Words   |  7 PagesAbraham Lincoln: An Influential President When you hear the name Abraham Lincoln, what is the first thing that comes to your mind? Do you think of a tall, slender man with an enormous top hat? Do you think of his devotion to the abolition of slavery? Abraham Lincoln contributed to more than one can imagine. He was the president of the United States during a time of colossal distress, the Civil War, and he paved the way for a great number of changes. Abraham Lincoln was a powerful figure whoRead MoreThe Assassination Of President Abraham Lincoln Essay983 Words   |  4 PagesOne of the most tragic moments throughout all American history in my opinion is the Assassination of President Abraham Lincoln. With no surprise I am writing about certain event that occurred leading up to, during, and after this unfortunate event. This historical event is clouded with conspiracy but I will try to avoid specifics of that particular view. Abraham Lincoln was born in a little town located within Hardin Country, Kentucky on February 12, 1809 (www.whitehouse.gov/abrahamlincoln). HeRead MoreThe Legacy Of President Abraham Lincoln998 Words   |  4 PagesPresident Abraham Lincoln was the leader of the United States for five years, yet he is often only remembered for leading the Union to victory in the Civil War and freeing the slaves in the process. 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While Lincoln was in office his main priorities was to see this nation flourish and he did everythingRead MoreElectronic Communication by President Abraham Lincoln1259 Words   |  5 PagesWhat became of our forces which held the bridge till twenty minutes ago†¦? The President of the United States telegraphed a colonel in the field during the Civil War Battle of Second Manassas (Bull Run) in 1862. Abraham Lincoln was using the new medium of electronic communications in an unprecedented manner to revolutionize the nature of national leadership. When Lincoln arrived for his inauguration in 1861 there was not even a telegraph line to the War Department, much less the White House. StormRead MoreAbraham Lincoln s Assassination Of President1176 Words   |  5 PagesAbraham Lincoln’s Assassination President Abraham Lincoln was the first United States president ever to be assassinated while in office. He was president during the Civil War and had many people that did not like him. 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Abraham Lincoln was not very prepared for the war militarilyRead MorePresident Abraham Lincoln : A Politics With A Purpose1772 Words   |  8 PagesThe Late Honorable President Abraham Lincoln known as a Politics with a Purpose President Abraham Lincoln Born February 12, 1809, is a friendly, honest, win over storyteller character that the people in Indiana love to him where he grew-up. As a politician in 1830’s to 40’s he became a three times state legislature, lawyer, a supporter of Revolution against British (whig) and professional in organizing a parties, he learned to be unreveal peroson, exchange favors, manipulate the press and cultivateRead MoreAbraham Lincoln s Greatest Presidents1671 Words   |  7 Pagesauthors takes on whether Abraham Lincoln was one of America’s greatest presidents was that Paludan stated Lincoln was a president who wanted to defend and uphold the constitution of the United States, especially since President Lincoln always stated that all men are created equal and that meant blacks to in his opinion. He was the type of person who talked to the people not at the people when he spoke. Paludan believes Lincoln was a president that was greater than any other P resident in history. He feelsRead MoreThe Gettysburg Address By President Abraham Lincoln1221 Words   |  5 PagesThe Gettysburg Address was a speech composed and addressed by President Abraham Lincoln in 1863, at the time of the political fight in Gettysburg Pennsylvania. At that time, Abraham Lincoln was the President of the United States. He was also the President who led America through the Civil War. During the Civil War, at Gettysburg, some soldiers died protecting the nation. This was mentioned in Lincoln’s speech, which was meant to be dedicated to the soldiers who died defending their people. He spoke

Sunday, December 15, 2019

Accounting Intern Paper Free Essays

string(30) " not withheld from employees\." Company introduction KC ACCOUNTANCY CORP is a Southern California CPA firm, found in 2000. The company offers a full range of business and consumer CPA services including financial statements preparation, IRS. FTB. We will write a custom essay sample on Accounting Intern Paper or any similar topic only for you Order Now EDD representation, tax return preparation, office computerization, new business start-up, general bookkeeping and tax preparation planning. Job description During the intern period, I did four main tasks as follow 1. Bookkeeping The company uses the accounting software called Write up and Quick Book to do the book keeping. In order to do the book keeping we need to create a ledger for all the financial accounts and use the check and invoice provided by the customer to record all payments made from these accounts. We should filled the all the column of cells, which include date, name of the payment, payee, category (for tax purposes), memorandum and a record of the check number or the invoice number. The reason for write the category is for tax purposes. After record the payment, we need to use the same software to record the cash inflow. We list all money (only revenue) received by the customer. As same as the cash outflow, we need to record the date, name of the income, payer-providers, category, memorandum and a record of the check number. If the company has the Loan or the investment, we should use the different ledgers to record it. Next step, we need to create accounts payable/accounts receivable. For the account payable we list utilities, rent, and other future payments. We list two date: one is the due day another one is the due day before penalty. For the account receivable, we list the income we will receive in the future. This ledger is most important, I need to aware that when the company actually receives the payment by the customers or the bounced check will happened. The final step is to reconcile the ledgers with the bank statements. The company will provide us their bank account records and allow us to check each payment. This is typically done on a quarterly schedule 2. Prepared, examined, and analyzed accounting records, financial statements, and other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards. Financial statements include income statement, statement of retained earnings, balance sheet and cash flow statement. From the supervisor’s experience, I learned that there is specific logical order for preparation due to some financial statements use numbers from the other statements The order is following: * Income statement * Statement of retained earnings * Balance sheet * Cash flow statement Before financial statements are prepared, we need to adjust entries based on revenue recognition and the matching principles. Each transaction may affect one income statement accounts and one balance sheet account. Adjustments fall into one of five categories: accrued revenues, accrued expenses, unearned revenues, prepaid expenses, and depreciation. Income Statement The income statement reports revenues, expenses, and the resulting net income. It transfers from revenue, expenses and capital gains or losses ledger account balances into the income statement. Statement of Retained Earnings The Statement of Retained Earnings is prepared after the income statement because we use the net profit or loss account balance from income statement. The retained earnings statement shows the retained earnings at the beginning and end of the accounting period. It is prepared using the following information: * Beginning retained earnings from previous statement of retained earnings. * Net income, obtained from the income statement Balance Sheet The balance sheet reports the assets, liabilities, and shareholder equity of the company. It is constructed using the following information: * Balances of all asset accounts * Balances of all liability accounts * owner’s equity Cash Flow Statement To do this cash-basis report, we subtract cash disbursements from cash receipts directly. It also takes information from all three previous financial statements. Two time periods of comparative balance sheets are examined in order to prepare a statement of cash flows. 3. Maintained Quarterly payroll records. At first I am very curious why the company would like to outsource the payroll process . The manager tell me small business owner usually spend around eight hours per month doing payroll because laws and the IRS have let the payroll function become a time consuming task. Outsourcing the payroll can let the company focus more on running company also avoid the risks of calculating mistake . Most important, federal, state and local payroll tax laws are frequently changing and becoming more complex The Internal Revenue Service (IRS) is the revenue service of the United States federal government. The agency is a bureau of the Department of the Treasury, and is under the immediate direction of the commissioner of Internal Revenue. The IRS is responsible for collecting taxes and the interpretation and enforcement of the Internal Revenue Code. I need to call each company on the list to make sure how much salary they pay for each employee. Company may pay their employee quarterly, monthly or hourly. Most of our customer is Chinese/Taiwanese owned company. I can use Chinese to call them . I need to clarify how many employees in their company and how much salary they need to pay. By using 1099-etc, we just need to type in the data in the system. The software will automatically calculate federal, state and local payroll taxes. The software supports Federal payroll forms such as the 941, 940, 943, 944 and 1040 SchH. Form 941 Form 941 is Employer’s QUARTERLY Federal Tax Return. Federal law requires employers to withhold taxes from employees’ paychecks. Each time wages are paid, employers must withhold — or take out of employees’ paychecks — certain amounts for federal income tax, social security tax, and Medicare tax. Under the withholding system, taxes withheld from employees are credited to e mployees in payment of their tax liabilities. Federal law also requires employers to pay any liability for the employer’s portion of social security and Medicare taxes. This portion of social security and Medicare taxes is not withheld from employees. You read "Accounting Intern Paper" in category "Essay examples" Employers who withhold income taxes from wages or who must pay social security or Medicare tax, use Form 941 to report those taxes. The deadline for 941form is the last day for month that follows the end of the quarter. * Quarter One (January, February, March): due on April 30. * Quarter Two (April, May, June): due on July 31. * Quarter Three (July, August, and September): due October 31. * Quarter Four (October, November, December) : due on January 31 of the following year. Every time, I update the information on the system, I need to print out two copy. One is for our company, the other one is for our customer . 4. Miscellaneous As a intern, I also spend some time to doing miscellaneous thing such as put files in order alphabetically, print out the package label and paste on the envelope , double check the document and send to the customer. Analysis of the company The company starts the business from 2000, the boss try hard to build a very good relationship with the customers. They are successfully to build the relationaship because the employer in the company always put them self in the customer’s shoes, the existing customer will bring the new customer. So the company does not need to post the advertisement online or ask other to design a fancy website to attract new customer. Thus they can provide perfect and complete service with reasonable price. Due to the good relationship with customer, the accounting office is also become an information exchange place. We can always see the customer to ask the boss to refer a dental, a lawyer and the business to others. It is how a good networking start. However, during the intern period, I find there are things the company could do better. First, the boss plays an extremely important role in the company. She needs to check every document before mail to the customer or mail to the government institute and she assigns new task for everyone every morning. The company would be in a mass when the boss is not in the office. I still can remember, one time the boss has emergency and she cannot come to the office for two days. All document put on her table like a small mountain, and others has nothing to do. Second, a lot of things without a logical order, there is a simple example. When I start with filing away the documents, I cannot find some individual’s name within the file. After I check with the boss, the boss tells me, someone they will put all family numbers’ file together instead individual file. The problem is that only the boss knows who the family numbers are. It is hard for the account specialist to file the document; however the boss is too busy to do this kind of things. Third, the company still use some out of date process. Every quarter, the customer needs to turn in their check record and the invoice physically to the accounting office. Most of the records are hand write. In fact I think the accounting office can ask electric version from the customer, then it can complete the process more efficiently, because sometime I see accounting assistant struggle with the numbers or the word on the check or the invoice and with electric version, it can be send to accounting firm in time. I think the company know better what their business is, so it is not a big deal for them to change the physically version to electric version. Also I know most software will automatically download the bank records and allow the account assistant to quickly mark which payments and deposits are already recorded in the ledger, and which must be separately accounted. This is typically done on a monthly schedule, but with software and online banking, it is can be finish on a weekly or even daily schedule. What I learn during this internship I am a student who still thinking about my future career. This is a good opportunity for me to know accounting person and know more about how the accounting firm work. I learn some information from my coworker and the supervisor. 1. Future is Bright The future of accounting is bright according to the Bureau of Labor Statistics which projects a 16% increase in job openings by the year 2016. Much of this reflects the increasing complexity of corporate transactions, the introduction of Sarbanes-Oxley requirements after the Enron scandal and growth in government. Demand is especially high in the tax and health care areas. My supervisor share her own experience with me, Emily, who is a 27 year old woman, who finish her MBA in California state – Los Angeles, she tells me all the international student stay here after graduate are doing accounting related job. It seems it is the only way international student can survive in U. S if they study in business field. 2. Managerial Accounting Ideas is popular Many firms are focusing on activity-based management, process-view analysis, constraint checking and business process analysis as well. The world of management accounting is evolving rapidly and there is high demand for accountants who are knowledgeable about these trends 3. High degree necessary We can find the requirement for most accountant and auditor positions are at least a bachelor degree in accounting or a related field. As an MBA student especially a master degree in accounting, or with a master degree in business administration with a concentration in accounting. We have advantage to apply accounting-related job. 4. Skill Requirements Becoming Broader There is high demand for individuals who have technical skills and good communication skill, and foreign language skills. Accountants are broadening as business globalizes. 5. CPA has highly valued A recent survey shows that over half of corporations which hire accountants feel that the CPA (Certified Public Accountant) important, however, in some case we can enter an accounting firm without completely the CPA. It means we still have chance and time to prepare for the test, never too late to prepare . My supervisor is a good example, she started to prepare her CPA after she start work in the KC Company. 6. High salary The median expected salary for a typical  Accountant I  in the  United States  is  $44,652; for a typical Accountant II is $53,588; for a typical Cost Accountant I is $46,874;for a typical Cost Accountant II is $58,020. ; for a typical Cost Accountant III is $70,574; for a typical Cost Accounting Supervisor is $65,861; for a typical Cost Accounting Supervisor II is $75,452. ; for a typical Accounting Manager is $84,437;for a typical Accounting Director is $127,660. 7. Start from a intern The supervisor suggests me start to apply the position in the company I want to begin my career and ask the intern position before I graduate. Thus, I will get more hired opportunity as a full time employee. Do be hesitant, start to apply! Conclusion My Internship is one of the most beneficial things I do during my MBA. I really enjoy the time in K. C. Company. During this internship I learned a lot about the profession and about how much hard work and dedication it takes to be a accountant. I know I am a person who sensitive with numbers but not detail-oriented. In order to become a successful accountant, I need to change the way I doing things. To be a more competitive person, I need to review all the account material I have learn during those year. Even though some people say it is not a good way to learn from the textbook, however I believe reading the textbook is the best way to review all the important concept in the limited time. The lecture and the text book can provide us solid background knowledge. I will try to apply the accountant position now, after I understand the future of accounting-related job and the personality to be a good accounting worker. I will start my career in accounting files after I graduate. Reference IRS website : http://www. irs. gov/uac 941 form http://www. irs. gov/pub/irs-pdf/i941. pdf How to cite Accounting Intern Paper, Essay examples

Friday, December 6, 2019

Concept of Reporting Entities Samples †MyAssignmenthelp.com

Question: Discuss about the Concept of Reporting Entities. Answer: Concept of Reporting Entities The concept of reporting entities is covered Statement of Accounting concepts (SAC 1). Para 40 of SAC 1 defines the term reporting entities as any entity including an economic entity for which it can be assumed that users of financial statements exists which are dependent on the general financial reporting standard for making resource allocation decisions. The concept of reporting entities states that entities should prepare general purpose financial statements. The concept includes legal entity concept which are included in the legislation of private sectors and also includes a broad concept which deals with accountability (Palmer, 2013). The concept of reporting entity is closely associated with information needs of stakeholders and the nature of the general purpose of financial reports. In addition to this the concept is used in identifying reporting entities with consideration to the stakeholders who make their decisions on the basis of financial statements. General Purpose Financial Reports (GPFRs) GPFRs are annual reports which are prepared by the reporting entities on the basis of which users make decisions about resource allocations. The reports should be prepared in accordance with the statement of accounting policies and accounting standards which are issued (Henderson et al., 2015). GPFRs are the basis on which decisions are based for the investment decisions of the shareholders of the entities. Factors which decides a Reporting Entity The three factors which determine whether a reporting entity exist or not are given below: Reporting entities depends on the extent of ownership and also on the separation between management and owners or members of the company having an economic interest which is stated in para 20 of SAC 1 (Potter, Ravlic Wright, 2013). As per para 21, the economic or political importance of an entity on the welfare of the external parties is major consideration which determine the reporting entities. The financial characteristics of the entity such as size, debt taken from external parties also determine whether an entity is a reporting entity. Fundamental Characteristic of Useful Financial Information Financial Information should be useful so that the users of the financial accounts are able to take decisions on the basis of such information. The fundamental characteristics which should be present in an useful financial information are the principle of relevance and faithful representation. Financial Information which are relevant in nature are capable of making differences in users decisions. Such financial information have predictive and confirmative values which gives the users to ability to forecast as well as gives feedback for previous forecasts (Schaltegger Burritt, 2017). Financial information are basically a summation of numerical data and numbers. Therefore, in order to be useful to the users of the financial reports, the information should be faithfully represented. The information should be complete, neutral and free from errors. Moreover, the financial information should be such that all the information are depicted clearly with all explanations and assumptions. Thus, it is clear that a financial information should be both relevant and faithfully represented so that such information are useful to the users. Enhancing Characteristics of Useful Financial Information The enhancing features of useful financial statement are comparability, verifiability, timeliness and understandability. If financial information which can be compared with other entities financial information the such factors can be considered to be an enhancing factor. Comparability is a characteristic which allows the users to compare financial reports of two similar or different entities and identify similarities or differences in the same (?ihk et al., 2013). The comparison maybe been between two items or even more. Verifiability is the principle which convinces the users of the financial reports that the information provided are faithfully represented. In other words, various individuals can access such information, draw conclusions and consent that the information are faithfully represented. It is not necessary that the conclusion drawn be the same for every individual (Yip Young, 2012). The principle of Timeliness states that the company should provide all significant inform ation to the stakeholders in a timely manner so that immediate decisions can be taken. The financial information should be such that they are clearly understandable by the users of financial reports. This can be done by properly classifying, summarizing and presenting information clearly in the financial reports. Therefore, from the above explanation it is clear that the enhanced factors are to be maximized to the extent possible to get quality financial information. Financial Information Characteristics Examples Relevance An information about the net profit margin of the entity which is a relevant financial indicator. Faithful Information The information which related to the total revenue generated by the entity during a particular year. Comparability Measuring financial performance between two companies for example Apple Inc and Samsung Verifiability Verifying is useful in valuation of inventory which can be done by applying LIFO method or weighted average cost method as per the preference of the company. Timeliness Financial Information relating to 2017 will be different from those relating to 2018 Understandability The information must be understood by the users in the same sense as intended. Such as notes to accounts are given for the clarity of users. References ?ihk, M., Demirg?-Kunt, A., Feyen, E., Levine, R. (2013).Financial development in 205 economies, 1960 to 2010(No. w18946). National Bureau of Economic Research. Henderson, S., Peirson, G., Herbohn, K., Howieson, B. (2015).Issues in financial accounting. Pearson Higher Education AU. Palmer, P. D. (2013). Exploring attitudes to financial reporting in the Australian not?for?profit sector.Accounting Finance,53(1), 217-241. Potter, B., Ravlic, T., Wright, S. (2013). Developing Accounting Regulations that Reflect Public Viewpoints: The Australian Solution to Differential Reporting.Australian Accounting Review,23(1), 18-28. Schaltegger, S., Burritt, R. (2017).Contemporary environmental accounting: issues, concepts and practice. Routledge. Yip, R. W., Young, D. (2012). Does mandatory IFRS adoption improve information comparability?.The Accounting Finance Review,87(5), 1767-1789.