Featured Post

Historical Problems in the Book of Daniel free essay sample

Numerous inquiries have emerged from the book of Daniel and the Bible overall. Because of various issues, numerous history specialists look ...

Saturday, February 15, 2020

The Role of Accounting on Business and Our Society Essay - 1

The Role of Accounting on Business and Our Society - Essay Example It entails the earnings from provision of goods and services less the cost incurred in providing those goods and services. Thirdly, the statement of owner’s equity reports on the activities of shareholders during a given period of time. It shows how much the business received from shareholders and how much went back to them in terms of dividends. It shows the portion of a business entity’s earnings that goes to shareholders, thus the reference to it as a statement of retained earnings by some companies. Finally, the cash flow statement shows sources of cash during a given period of time and its uses. To me, the income statement is the most important. This statement shows how much a business entity earns within a given period of time (Gibson, 2012). Of course, businesses are established with the purpose of making profits and creating wealth for its shareholders according to Mittal and Singal (2007). Therefore, if a business posts losses on this statement, it does not serve the purpose for its existence and should be wound up. However, if it records profits, then the venture is sustainable and meets the intended objective. 2. An accountant would be that person with a bachelor’s degree specialised in accounting or any specialisation in finance. At times, an accountant would be that person who has gained experience dealing with financial matters over time. The roles of search persons have historically been bookkeeping. They prepare financial records and maintain them. With additional professional certification, then such an accountant would qualify as a certified public accountant, CPA (Walker, 2012). This comes with greater roles as CPAs conduct financial audits thus fostering transparency and accountability. Such a person holds public trust and should be fact-based, non-ideological and nonpartisan. The arguments for accounting include its role in giving objective and unbiased information on the

Sunday, February 2, 2020

Online Education is Effective For Adult Learners Essay

Online Education is Effective For Adult Learners - Essay Example As the report stresses importance for distance learning has been realized and has led to increase in popularity of online education among the adults. Online education has achieved success, still certain individuals give preference to traditional, classroom style education and certain are in the favor of online education. Those in the favor of traditional learning methods assert that students learn in a better manner when they are involved in learning along with other students. A recent change in education has been experienced as both distance and traditional learning methods have been integrated. One of the major concerns associated with distance learning is communication that takes place between teachers and students. Due to this, measures have been taken in order to increase communication between learners and instructors in the case of distance learning. Distance learning has undoubtedly made great progress and is one of the preferred methods of obtaining education for adult learne rs. This paper discusses that the Department of Education of US asserts that number of students enrolling in nontraditional means of education is increasing at a higher pace than number of students enrolling in traditional form of educational system. Chun states that as the number of students enrolling in educational systems that are not traditional in nature, it is needed that the method of delivery of education should be flexible enough to meet the requirements of individual students. (Information Science Reference 739). There has been tremendous amount of change in the demand for higher education throughout the world and distance learning has assisted traditional educational institutes in meeting these demands by overcoming several barriers of higher education with the assistance of technological advancements. Goddard has predicted that by the era of 2025 there will be over 150 million individuals that will be in pursuit of higher level education and this increase in demand will lead to various changes in the way through which individuals obtain higher education (Weller 8). In the 21st century employers have increased their demand updating of an individual’s skills and abilities while he works for an organization. Benefits Several benefits have been associated with online education, these include: meeting the requirements of nontraditional students who have various responsibilities such as career and family. These responsibilities do not allow or discourage nontraditional students from being a part of classroom style educational system. Due to these issues, various higher level educ