The Importance of Accounting free essay sample

Accounting is an important means for an enterprise to implement efficient management, and the main basis to draft policies and plans. With the development of economy and the improvement of modern corporate system, the significance of accounting is becoming more and more obvious. This essay will discuss the main functions of accounting in business contest, thus prove that accounting is really essential and indispensable for an enterprise. Following this, it will explain why it is important for non-accounting professional and non-accounting students to have at least basic knowledge and understanding of accounting. The main functions of accounting in business contest There are many functions of accounting. The importance of accounting in business contest can be stated as follows: Firstly, accounting is an essential part of the whole enterprise management. There are many different departments in a company. The efficiency of the company’s management is not depended on the executives only, but the co-effect of all departments. We will write a custom essay sample on The Importance of Accounting or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Accounting is extensively, directly and continuously related to all departments and all business affairs in an enterprise. Therefore, accounting department is in the core position of the operation system. Only by making accounting one part of management, shall we improve the economic efficiency and expend our strength. Secondly, the information of accounting is the basis for decision making. The work of accounting is based on all kinds of information, such as National Economy and social development, and the result of their work should reflect the information. Generally speaking, the accuracy of the executives’ decision depends much on the accuracy of accounting information. The decision makers need accurate accounting information and overall analysis to ensure compatibility between production and sale, exploitation of the market, pricing, and investment of fund. Thirdly, accounting forecast is the foundation of business decision. When making business decisions, comprehending and foreseeing the change of the market is significant as well as mastering the present demand. The executives of an enterprise will foresee the potential demand and development of the market by making accounting analysis. On the other hand, they will analyze the past and present production and sale, and calculate the targeting ones of the future. By doing so, the decision made by the enterprise will be reliable and dependable. Fourthly, accounting analysis is an important guarantee for the business decision. Accounting analysis is not only the premise of planning, but also an important means to evaluate whether the plan is implemented appropriately and see some suggestions for improvement. Through the accounting analysis of the operation achievement, we can explore the potential approach of improving economic benefit and discover the weak segment of the management. Last but not least, the results of accounting are criteria to fix the accuracy of the business decision. Accounting results are quantitative display of the business results. They can reflect the state of business operating accurately. The necessity for non-accountings to have basic knowledge of accounting Accounting is closely connected with all business affairs in an enterprise. It is essential and indispensable for the executives to make all kinds of decision. Consequently, it is really very necessary for non-accounting professional especially the executives to have at least basic knowledge and understanding of accounting. As the leader of the company, they should realize the important function of accounting, strengthen the position of accounting and support the work of accounting mentally, materially and financially. In addition, basic knowledge and understanding of accounting is also very important for non-accounting students who want to be successful in business field in the future. As some of the experts said, accounting is the basic language of business (Yoshiaki, 1990). Therefore, understanding the basic language is the basic element for success. Conclusion Conclusively, accounting is important in a business context and it is important for non-accounting students and professional to have at least basic knowledge and understanding of accounting. The Importance of Accounting free essay sample Accounting is an important means for an enterprise to implement efficient management, and the main basis to draft policies and plans. With the development of economy and the improvement of modern corporate system, the significance of accounting is becoming more and more obvious. This essay will discuss the main functions of accounting in business contest, thus prove that accounting is really essential and indispensable for an enterprise. Following this, it will explain why it is important for non-accounting professional and non-accounting students to have at least basic knowledge and understanding of accounting. The main functions of accounting in business contest There are many functions of accounting. The importance of accounting in business contest can be stated as follows: Firstly, accounting is an essential part of the whole enterprise management. There are many different departments in a company. The efficiency of the company’s management is not depended on the executives only, but the co-effect of all departments. We will write a custom essay sample on The Importance of Accounting or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Accounting is extensively, directly and continuously related to all departments and all business affairs in an enterprise. Therefore, accounting department is in the core position of the operation system. Only by making accounting one part of management, shall we improve the economic efficiency and expend our strength. Secondly, the information of accounting is the basis for decision making. The work of accounting is based on all kinds of information, such as National Economy and social development, and the result of their work should reflect the information. Generally speaking, the accuracy of the executives’ decision depends much on the accuracy of accounting information. The decision makers need accurate accounting information and overall analysis to ensure compatibility between production and sale, exploitation of the market, pricing, and investment of fund. Thirdly, accounting forecast is the foundation of business decision. When making business decisions, comprehending and foreseeing the change of the market is significant as well as mastering the present demand. The executives of an enterprise will foresee the potential demand and development of the market by making accounting analysis. On the other hand, they will analyze the past and present production and sale, and calculate the targeting ones of the future. By doing so, the decision made by the enterprise will be reliable and dependable. Fourthly, accounting analysis is an important guarantee for the business decision. Accounting analysis is not only the premise of planning, but also an important means to evaluate whether the plan is implemented appropriately and see some suggestions for improvement. Through the accounting analysis of the operation achievement, we can explore the potential approach of improving economic benefit and discover the weak segment of the management. Last but not least, the results of accounting are criteria to fix the accuracy of the business decision. Accounting results are quantitative display of the business results. They can reflect the state of business operating accurately. The necessity for non-accountings to have basic knowledge of accounting Accounting is closely connected with all business affairs in an enterprise. It is essential and indispensable for the executives to make all kinds of decision. Consequently, it is really very necessary for non-accounting professional especially the executives to have at least basic knowledge and understanding of accounting. As the leader of the company, they should realize the important function of accounting, strengthen the position of accounting and support the work of accounting mentally, materially and financially. In addition, basic knowledge and understanding of accounting is also very important for non-accounting students who want to be successful in business field in the future. As some of the experts said, accounting is the basic language of business (Yoshiaki, 1990). Therefore, understanding the basic language is the basic element for success. Conclusion Conclusively, accounting is important in a business context and it is important for non-accounting students and professional to have at least basic knowledge and understanding of accounting.

Fibromyalgia and Physical Therapy essays

Fibromyalgia and Physical Therapy essays Fibromyalgia is a chronic disease that is characterized by severe pain in the joints, muscles and tendons, and affecting 3-6 million Americans and its the 2nd most prominent ailment affecting the musculoskeletal system after osteoarthritis 1. This disorder causes widespread pain, sleep disturbance, fatigue and often leads to depression The condition is more prevalent among the women than in men. It can affect people at any age. Since the condition is associated with chronic pain, it is important to have an effective therapy in order to suppress the pain. There are a number of physical and medical therapies that can be used to treat the condition. This discussion examines the connection between fibromyalgia and physical therapy. 2. Description of Condition (Fibromyalgia) Fibromyalgia is a syndrome where the victim tends to have long-term body pain, tenderness, and stiffness in muscles, joints, tendons and other soft muscles in the body. Fibromyalgia is also associated with painful response to pressure. In some cases, pain may be too severe to cause disability. This implies that there is a need for taking effective measures in order to suppress pain. This condition is also characterized by sleeplessness, depression, anxiety, bowel dysfunctions and chronic fatigue. Some victims also experience difficulties while swallowing. Fibromyalgia is a form of tissue rheumatism rather than arthritis of the joints. This condition mainly affects the muscles and their attachments to the bones, espouses Elrod 3. Currently, there is no any single factor that has been exclusively identified to cause the condition. However, physicians have identified some of critical conditions that contribute to the onset of fibromyalgia. Some of these include stress, traumatic emotional experience, chronic fatigue, and disruption of deep sleep. It is also associated with biological interruption of energy production, magnesium, and substrate, oxygen, a...

Goodwill and CSR Essay Example | Topics and Well Written Essays - 1000 words

Goodwill and CSR - Essay Example This means that it is left up to the management and leadership teams of commercial enterprises to determine whether such policies and procedures require development and how to effectively cope in the midst of a crisis situation that relies on the business extending a goodwill gesture for community support. Kyoto University (2007) offers that successful business operations are irrefutably linked with trust-building efforts with community citizens and stakeholders. Therefore, lack of legal backing and the undeniable truth that business success is linked to trust somewhat forces management and leadership to consider the value of corporate social responsibility when making goodwill decisions such as those proposed in the case studies. Â  In the event that a situation occurred where a business is dependent on market stability and customer interactions as part of their supply chain, crisis scenarios in which the business is called upon to extend physical support such as using the facility as a disaster triage center represents a considerable risk. In the case involving Kaspa Financial Services, there were concerns over potential liability claims for disaster victims who might choke on their food offerings as well as lost revenues from disgruntled shareholders (to name only a few). The financial and reputational risks to the business were significant if the company decided to offer the facilities to the disposal of disaster management personnel and victims of the disaster.

LAN Networks Coursework Example | Topics and Well Written Essays - 250 words

LAN Networks - Coursework Example They will use the Ethernet cables to connect all the computers, DVR, VoIP phone, and game console to the network. They can then hook the router to the modem to connect to the internet. In this way all the devices can access the internet provided that the router is configured and allows them. The justification for the above requirements is that the family is in possession of several devices that need internet connectivity. The recommended devices will make this possible. The modem is connected to the router so that the router access the internet through the ISP assigned IP address. This dynamically assigns each of the devices IP addresses thus enabling the m to access the internet. The enterprise-level company will require a large server room with several servers, routers, bridge, and network switches to connect to the several hundred business users of their network. Each device will connect to the switches via wired or wireless access. Wired access will include Ethernet cable, at least a cat5e twisted pair of the fiber optic Ethernet cable. The network switch will be used for routing information from their network to the internet. The routers will be the gateway to the network thus will be used to connect the enterprise’s LAN and the internet thus giving them access to a good firewall. The bridges will be used to direct the traffic over the network. The three most common types of server applications are email servers, List server, and Telnet servers. Email servers are computers that keep records of each and every mail that comes in and leaves the network. List servers are computers that for the users or one way list that gives announcements, newsletters or even advertising. Telnet servers are computers that help the users to sign in to host computers and perform tasks as if they are working on their computers. Even though the servers can be combined, I will not combine all of them. I will implement two

My Tiger Mom Assignment Example | Topics and Well Written Essays - 750 words

My Tiger Mom - Assignment Example Music is supposed to be about freedom, right? Not at all! Tiger moms choose what you can play. Playing the piano is a requirement. You can’t just play for fun. You play for the win. FTW- For The Win. I hate that urban acronym. It’s always about that. FTW. You can’t be second in anything, or worse, the third. Excel in almost everything! Or face the wrath of your Tiger mom! At first, I thought I played the piano only for my Mom. But I actually loved it. I loved how my fingers created music. I love my piano. I love my music. I love music. I excelled in playing the piano for some time, but soon enough, my peers surpassed me. Mom wasn’t too pleased. I tried my best, but I gave up. I wanted to do something else. I still play the piano, but only when I feel like it. Only when my soul wants me to. Mom didn’t mind because I was doing great in school. Her priority, I mean, our priority, is academic success. Now, let’s talk about sports. My mom was not into sports so much. But she let me swim. I swam and I was free, but not as free as I wanted to be. I wanted sleepovers and more time with my friends. Not that we talked about these things in China. My friends and I only imagined our days of freedom together, falling in love with strangers, and making mistakes.

Progressivism Essay examples -- Progressivism American History Essays

Progressivism The Progressive Movement in the late nineteenth century, early twentieth century presented quite a situation for historians to conquer. At the turn of the twentieth century political questioning was the norm. Practically every historian that writes about this time period has a different opinion of what made up â€Å"Progressive Movement,† some even going so far to beg the question if it was actually a movement or if it was more of an â€Å"era.† The two are interchanged so often that they have in many ways come to mean the same thing although according to some they are distinctly different. The four works, Richard Hofstadter's The Age of Reform, Peter Filene's "An Obituary for the Progressive Movement," Richard McCormick's "The Discovery that Business Corrupts Politics," Paula Baker's "The Domestication of Politics" all discuss the Progressive â€Å"time period† in varying degrees of depth. The four historians all wrote after the 1950’s when the age in question was clearly over. Richard Hofstadter’s book discussed all facets of the age from the mid to late 1800’s to the early and middle 1900’s he touches on the politics, the economics and the social and societal conditions of the age. The Age of Reform, specifically, covers the time period from the 1870’s to the 1940’s. He includes populism, progressivism and the New Deal as main topics in his book and it is mainly biographical in nature. He discusses which groups attempted certain reforms and the part of the era it occurred during. He attempts to explain why they attempted when they did and the political atmosphere. He even notes the geographic locations of specific â€Å"pushes† in some cases. Hofstadter, like most historians agrees that reform is the defining feature of th... ...gument that there was no actual â€Å"movement.† Anyone with a political affiliation or any interest in politics at the time championed one of the ideas of the progressives. The progressives were the people seeking reforms in all agencies and aspects of life. With the changing time and with the wavering leaders and growing uncertainty of the party politics everyone was attempting to change what they could. The time period between the mid nineteenth century and the mid twentieth century did not house the progressive movement, it was the progressive era. Sources: Richard Hofstadter's The Age of Reform Peter Filene's "An Obituary for the Progressive Movement" (Article 1) Richard McCormick's "The Discovery that Business Corrupts Politics" (Article 2) Paula Baker's "The Domestication of Politics" (Article 3) *all three articles were taken off of the database JSTOR

Interactive Learning Essay

E-Learning reaches beyond traditional face-to-face classroom learning environments by combining teaching and the Internet so students have the option of learning in a different modality. E-Learning uses technological devices and computer software applications to deliver the curriculum. The instructor uses the Internet to deliver the curriculum over methods and applications like Web-based training (WBT), computer-based training (CBT), synchronous, and asynchronous classroom modalities, and digital delivery. Students learn through self-paced or instructor-led delivery. E-Learning Purposes and Characteristics The purpose of e-Learning is combining technology and communication to provide an alternate method for students to earn a degree without physically attending a traditional classroom setting or academic institution). E-Learning is available for academic progress from grade school through doctoral degrees. E-Learning teaches sequentially so student learning builds upon the previous curriculum. E-Learning makes learning fun for the students by varying the curriculum. Instructors combine imagery and content that creates student attention and engages interaction so students retain the material . Students receive immediate feedback so they can correct assumptions and misunderstandings. E-Learning encourages students interact with each other by using chat rooms, instant messaging, e-mail, and discussion forums to communicate with other students and the e-Learning instructor). E-Learning Benefits E-Learning easily accommodates numerous delivery and learning styles globally. Students have convenience and flexibility within the e-Learning modality that traditional classrooms lack). Students have several options to select among the different e-Learning modalities thereby creating a student-centric learning environment catering to his or her needs urriculum and supporting classroom materials through the Internet. Flex-net classes combine online and face-to-face instruction. Ease of location and convenience is crucial to e-Learning students because the only requirement to attend class is a computer with Internet accessibility and proper hardware and software applications Students can attend class anywhere in the  world that has access to the Internet. E-Learning allows students the ability to work full-time, part-time, or stay-at-home while earning a degree. E-Learning reduces expenses for students because they do not have to pay for gas, parking, or vehicle maintenance Another convenience factor is the pace of the e-Learning classes. Students attend class by setting their own pace of learning. The self-directed learning allows students to complete and submit assignments within the deadlines while maintaining an appropriate comfort level so to reduce unnecessary stress E-Learning Challenges Some of the challenges for e-Learning students are the same as the benefits. These challenges include flexibility, the lack of a traditional classroom, self-motivation, and accountability. Students need a computer with proper hardware, software, and Internet accessibility connections to attend e-Learning courses . They also need a working knowledge of the computer and intermediate to advanced computer skills. Students need self-discipline, time management skills, and good study habits to attend an e-Learning class or they may fail (E-Learning, 2011). Students also needing face-to-face interactions may find that e-Learning is not beneficial because of the lack of communication and interpersonal skills. They cannot work alone because of a lack of self-motivation. Another challenge is the global aspect, as some students may believe this hinders networking opportunities because of professional applications E-Learning Instructional Methods Instructional methods to use within e-Learning include incorporating technology, teaching, and interactive learning specific to the audience into each lesson plan curriculum. The lesson plan needs course related objectives, organized material, and easy navigation. The course should not exceed one hour of CBT . Instructional designers often create a storyboard to organize materials and include student activities like games into the lesson plan. Storyboards allow the designer a visual representation of the web pages of the curriculum so to identify missing content or kinks easily Once the designer creates the storyboard or outline, the presentation can  vary by adding text, audio, video clips, and animation to help students retain information visually and orally . The incorporation of visual and oral content must reflect the subject matter into the context use and expand on existing knowledge levels among the students Quizzes, games, and discussions help students use critical thinking skills to identify the correct response by combining visual representations with content Interactions with different outcomes allow the designer to incorporate web-based games. Students watch a video game and select the appropriate animated action response as a best solution to the learning they receive. These selections create a final game scenario that the instructor grades from correct moves The immediate grade and feedback allow the student to learn and correct mistakes. Conclusion E-Learning eliminates the boundaries of traditional classroom learning to reach a global environment. E-Learning combines teaching, communication, and the Internet so students enjoy learning and engage within classroom activities . Students decide which e-Learning platform to attend based on their learning preferences. Instructors vary the content and incorporate text, video, animation, and audio so students retain content through visual and oral methods The most popular benefits to e-Learning include a globally diverse student body, convenience, flexibility, self-motivation, and self-paced curriculum). The challenges include needing a computer with appropriate Internet accessibility, a working knowledge of the computer, solid study habits, self-discipline, and accountability. The student may fail the course without possessing these items and traits.