The Auditor, an instructional novella written by James K. Loebbecke, tells the story of Jack Butler, a man from the San Francisco Bay area, who goes to college, majors in accounting, and goes to work for a large accounting firm referred to as “The Firm.” The story is loosely based upon the real world experiences of the author, and is written to give students a look into the world of public accounting that goes beyond a textbook. The Auditor not only gives students a chance to follow Jack Butler’s journey up the company ladder at The Firm, but also reiterates the relative importance of conventional lessons learned in school. The story begins with a nerve filled morning for Jack Butler. He is one of three managers who are being considered …show more content…
The second chapter begins with a “celebration” lunch between Barbara and Jack. During the lunch, Barbara shares a story with Jack about an experience she had with a former manager of theirs named Stan. She told Jack that Stan had been rude with her in the past and described a time when she felt she was sexually harassed by him at the office. Jack was surprised to learn this had happened, but was impressed with the way Barbara handled herself in response to the incident. Barbara sharing this story with Jack showed that she trusted him, and considered him a friend. This story brings to attention one of the problems women may encounter while in the industry and gives an example of how it was handled in this particular instance. The chapter ends with Jack returning home and discussing the pros and cons of being a partner with his wife, Libby. Jack is looking forward to many of the perks, such as private golf club memberships, but is worried that the extra hours and responsibilities may affect his family life. The third chapter flashes back to Jack’s high school days. He talks about his golf game and how he made his decision to attend Farwestern State University. Jack goes on to describe his years in college, stating that he had intended to major in pre-law, but developed a knack for accounting and was accepted into the accounting program his junior year. He
Jack is 18 years old. He graduates from high school, and gets a job in the movie theatre as a ticket seller and a projectionist. He has a girlfriend named Katy, and they are going to get married in November. When he meets Katy’s parents for the first time, it was at her sister's wedding, he walked in wearing a coat and tie. Jack’s friend LeFranc plays trumpet, and he does not know what to say to a girl. But Jack is getting tired of his friends, but does not complain. He is not very enthusiastic about his job, and feels he is trapped inside. He perhaps feels like he is in a jail, because it is mentioned in the text, that while selling the tickets he looks out in the day light through the metal bars, and the metal bars perhaps symbolizes that he feels trapped inside. In the end he decides to leave in middle of his work, and drive with Katy to Fountain Lake which he wanted in a long time. He changes to a happy and free person, and finally says, that he loves her.
The goal in the life of a college student is graduating and getting the dream job in the career field that is chosen. To achieve this goal takes more than just having the knowledge and heart for the career; it also takes technical skills to be able to perform the tasks. The Auditor: An Instructional Novella stretches beyond the standard textbooks to reveal the principles and practices of auditing as they are in the real world. The book consists of a few key aspects such as: targets students’ natural curiosity about the field of accounting, supports traditional teaching tools, shapes the potential challenges that awaits public accountants.
The story begins with a nerve filled morning for Jack Butler. He is one of three managers who are being considered for
On Wednesday, February 24, 2016, I conducted an interview with Professor Clarissa Wilkerson, JD, CPA. As an accounting major, I am extremely interested in pursuing a career in accounting and am a student in Professor Wilkerson’s class. Her enthusiastic personality continues to inspire me to pursue a career in this field. After explaining my career goals and the details of this assignment, she gladly accepted when I asked if she would be willing to conduct an interview to help me complete this interview report. Professor Wilkerson received her Master’s degree in Taxation from Georgia State University. She is also a licensed Certified Public Accountant (CPA), and has considerable experience in the field of accounting. A few of the topics we discussed were: the importance of teamwork, the way technology is changing accounting, the value of understanding finance and economics in relation to accounting, and the usefulness of receiving a degree in accounting and earning a CPA license.
Hilton, R. (2011). Managerial accounting: Creating value in a dynamic business environment (9th Ed.). McGraw-Hill. Hardcover ISBN: 9780073526928.
Many young students want to pursue a career in accounting but are still wondering whether the possibility of matching this job or not. In general, the accounting industry is considered the industry that many students including myself choose and study. Graduate, students easily find a job and have a steady income. Not only easy to find a job and a stable income, I began to choose accounting because of the peculiarity quite "comfortable" of the industry: not too demanding, picky, I just have to like working with the numbers and skills required when working with numbers. Since accounting is an indispensable part of all companies and organizations, so this is one of the best craft unemployment negligent that I want to purse.
Abstract Eugene Flegm has a long history in the field of accounting. He has seen a lot over the years and has come up with four paradoxes which accountants deal with. Of the four paradoxes, two of them have a direct correlation with leadership and management. The paradox of balancing “soft” skills and technical skills is the first paradox. The paradox of the education of accountants is the second paradox that deals with leadership and management. This essay will consist of defending Flegm's paradoxes while bringing in other sources to help the argument.
.01 As professionals, certified public accountants perform an essential role in society. Consistent with that role, members of the American Institute of Certified Public Accountants have responsibilities to all those who use their professional services. Members also have a continuing responsibility to cooperate with each other to improve the art of accounting, maintain the public 's confidence, and carry out the profession 's special responsibilities for self-governance. The collective efforts of all members are required to maintain and enhance the traditions of the profession.
As part of the graduation requirements for South Fayette High School, I decided to spend my day shadowing Christian Stoecklein, an accountant manager at Crown Castle International. I had been curious about the job ever since I took a class on the subject in 9th grade. As a result, I was able to understand some parts of what was shown to me when I had my career shadow on May 2, 2016. After spending a day with Mr. Stoecklein, I learned more about accounting and whether I would like to pursue the job.
On what’s known to be “Day one”, in the book, Jack is out and about shopping for some placemats. He was the “stay at home dad” in the book, ever since he had lost his computer-related job, in which he was exceptionally successful. After learning his boss was cheating on his wife, and also stealing work from the company to sell, he tells a board member, who was in on the deal. He instantly gets fired and marked as an awful employee who was part of the scheme, this being so no one else would hire him.Adding onto that, his attorney, and friend, had told him to leave as quick as he could, but he ignored this. However, his wife, Julia, is Vice President of another computer-related company name Xymos. As Julia becomes to get more involved in her job, Jack realizes her growing away from not only him, but the rest of their family, too. Of course he thought this was an affair, but later on he realizes it was her becoming excessively involved in a project at work.
a first-time in-charge to have a client contact that can help you avoid blowing the budget.
- Accounting Education- Its Current State and Criticisms……………….5 - Incorporating Critical Thinking Skills into Accounting
During my time at Accounting Firm X I learned many lessons that apply not only to accounting and the principles and practices associated with that subject, but also to life as a professional in a real world work setting. The purpose of this essay is to highlight my experiences at Accounting Firm X to shed light upon key learning experiences that can contribute to a holistic educational experience. In this essay I will first describe my goals and expectations. Next, I will go in to detail about my daily routine and how these exercises contributed toward the overall experience. I will then explore the overall lessons learned from my time spent at the firm.
1)” Based on the information given in this case and your knowledge of auditor’s reports, identify the deficiencies in the draft of the proposed report. Do not redraft the report, but provide justification or explanation for each of the deficiencies you identify” (Pany, Auditor's Report, 2010).
Accounting is the language of business. It is a profession that is being guided by principles, concepts, conventions, laws, etc. All these fundamental building blocks serve as common and general compasses to all practitioners of the profession. In some cases, they are nation-wide tailored, while in other cases, they are universally tailored. Accounting as a living, practical, dynamic and realistic profession covers so many areas of social, economic (business), and governmental activities. Surely, any endeavour that involves monetary and material activities create a room for the services of Accounting. Many of the human endeavours for which the accounting profession plays significant (some times inevitable) roles include; Banking, Insurance, Manufacturing, Farming Contracting, Oil and Gas, Mining, Transportation (Air, Land and Sea), Educational Institutions, Churches, Ministries, ICT, Hire Purchase, Local Government Authorities, Estate Businesses, Export and Import Businesses, Bill of Exchange Transactions, Royalties Transactions, Consignment Transactions, Stock Market Transactions, Sports, Entertainment, Hospitals and Hospitality Industry, etc.