Professional Documents
Culture Documents
Sample
Important Notice:
• Do NOT copy this sample (or any samples you find online or in other
resources) and then claim credit for doing them. To receive credit, you
must do your own work for this class.
• Additional titles and samples are added every semester. Ms Hurley will
provide you with an updated list, if she has one.
Cover Page
Prepared for:
Roland Kamisato
Advisor
Manoa College of Business
Prepared by:
Saravati Singh
Director
Pricewaterhouse Coopers LLC
First Hawaiian Center Suite 811
999 Bishop Street
Honolulu, HI 96818
December 4, 20XX
On February 3, 20XX, your accounting firm was the featured as a booth in Hawaii’s Career Fair.
I attended the occasion and was very impressed with all of the brochures and information you
were offering to prospective accountants.
Here at the Manoa College of Business, we are trying to expand our majors to offer to include
accounting to better prepare the students for successful careers in this field. Will you prepare a
report presenting essential information on your recommendations on the types of degrees we
should offer in accounting? This report is needed by the first week of December. I understand
your customary fee is $3,000.
Please call me at 123-1234 if you have any questions or anticipate any delays in the completion
of the materials.
paragraph 3: end encourages the reader to
respond to the request and gives a phone number
(if it’s not in the letterhead)
Sincerely,
ii
PricewaterhouseCoopersLLC
First Hawaiian Center Suite 811
999 Bishop Street
Honolulu, HI 96818
Thank you for your letter and your interest in our accounting firm. It was a pleasure being at
Hawaii’s Career Fair and informing potential accountants the available careers in accounting.
If you have any questions or concerns, please call me at 888-0000. Please call me before
November 25, 20XX if any further information is needed to be incorporated in the report.
paragraph 3: ending tells the client to call
for any additions and changes. This is also
a good place to seek future business
Sincerely,
iii
While I drew mainly on the expertise of my staff in the preparation of this report, we used
this as an opportunity to review current employment practices in the field (a list of the best
references is at the end of the report.) Therefore, you can be certain that you are getting the latest
information possible.
This report is as complete as possible given the time constrains for its preparation. You
will find the information sufficient to meet your needs in rebuilding the accounting degrees. If
you need any additional information, please call me at 888-0000. It was a pleasure preparing
these materials for you, and we look forward to working with you again.
paragraph 4: states (1) the report is as complete as possible for the time allowed to complete it (you
have Ms. Hurley’s permission to copy that sentence in your report, if you wish) , (2) the client should
call for additional info or questions. This is also a good place to seek future business (see the last
sentence. Another possibility: If we may serve you again, please call us.
Sincerely,
Saravati Singh
Director
iv
Introduction. Accounting is the principles and methods involved to identify, record, and
communicate the economic events of an organization. Accountants prepare and examine the
financial reports that provide current and recent information for businesses, government agencies,
and other organizations.
Public Accounting. In public accounting, accountants work for themselves or for an accounting
firm. Public accountants perform audits by inspecting the client’s internal operations, records,
documents, and company employees. A complete and precise evaluation of the client’s company
financial standing is done. Helping management in decision making and preparing tax returns are
additional tasks the accountants perform. Certified public accountants hold a certificate by
passing an exam prepared by the American Institute of Certified Public Accountants. The salary
for public accountants ranges from $38,600-62,400. Certified public accountants earn about 10
percent more than those short of a certificate.
Working Conditions. Accountants generally work 35-40 hours a week. During tax season,
December to May, the number of hours and workload is increased. Accounting is normally a
desk job in an office setting and/or at client’s offices. Many accounting professionals have travel
opportunities.
Job Outlook. The growing complex tax laws tackling the business society is creating a greater
than before demand for tax accountants. Therefore, job openings for accountants will grow faster
than average, although competition for jobs is keen. Certified public accountants ought to be the
continuous widest range of job opportunities, also making it more difficult to become a CPA.
v
Prepared by Pat Kamalani Hurley, Professor CC
Leeward CC (University of Hawai'i)
http://emedia.leeward.hawaii.edu/hurley/default.htm
The amount of business establishments will increase as the economy grows, needing more
accountants to assist these businesses.
Recommendations. Rebuilding and providing specific degrees for accounting majors enhance
the students’ opportunities for a secure knowledge in accounting. The Manoa College of
Business should initiate programs concentrating on specific branches of accounting bachelor
degrees. Employers will not have to spend time training the future employees in the different
tasks that will be involved in their job description. Providing guest speakers regularly can be
helpful in allowing students to recognize the importance on concentrating in one area of
accounting.
vi
TABLE OF CONTENTS
Letter of Authorization…………………………………………………………………..ii
Letter of Acceptance……………………………………………………………………..iii
Letter of Transmittal……………………………………………………………………..iv
Abstract…………………………………………………………………………………..v
Prefatory parts and level 1 headings are
1.0 Introduction……………………………………………………………………...1
blocked at the left margin
1.1 Purpose…………………………………………………………………...1
1.2 Definition………………………………………………………………....1
2.1 Functions………………………………………………………………….2
3.1 Functions…………………………………………………………………..3
3.2 Income……………………………………………………………………..4
4.2 Income……………………………………………………………………..4
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5.2 Environment……………………………………………………………….5
5.3 Workstyle………………………………………………………………….5
5.4 Travel……………………………………………………………………...6
7.0 Conclusions………………………………………………………………………..7
8.0 Recommendations…………………………………………………………………7
viii
Business in restructuring their Accounting degrees available for students. It explains the different
provided by an accounting system is used by managerial decision makers to help them plan and
control the activities of the company. Accounting extends beyond the process of creating records
and reports. Financial information is also needed by owners, creditors, potential investors, and
government agencies as well as by the public, who have supplied money to the business or who
have some other interest in the business that will be served by information about its financial
position.
books for accountants and websites. A list of sources is at the end of the report.
Approximately 25 percent of all accountants are public accountants (see figure 1 below.)
Certified
Statistics
Public
Accountants
Public
10% 4%
Accountants
25%
Management
Accountants
61% Government
Accountants
In public accounting, accountants perform audits. They inspect the client’s internal
operations, records, documents, and company employees. Inspections on the procedures for bill
paying, inventory, and other financial operations and create the balances of their income, debts,
assets, and investments. Also, a complete and precise evaluation of their financial standing is
given by the accountant. They help management in planning and protect investors and
Certified public accountants hold a certificate given out by the state board of
Notice the absence of the pronoun “you.” The report uses words like
accountants and employees – not “you”
2.3 Income
The salary for public accountants varies according to years of experience and the level
the accountant is at. The salary ranges from $38, 600-$62,400. Certified public accountants earn
about 10 percent more than those who are short of certification (Occupational Outlook Handbook,
36).
Management accountants are employed by a single company to handle and operate the
In managerial accounting, accountants are reporting the financial activities and operations
internally to managers and parties within the accounting firm. This information and reports are
used for planning, controlling and decision making. Financial reports are prepared for non-
management groups, stockholders, creditors, regulatory agencies, and tax authorities. They
analyze and translate the financial information executives need to make thorough business
decisions. Internal auditing, appraisals within the organization are done by analyzing and
3
Prepared by Pat Kamalani Hurley, Professor CC
Leeward CC (University of Hawai'i)
http://emedia.leeward.hawaii.edu/hurley/default.htm
3.2 Income
The salary for managerial accountants differs depending on years of experience. The
Handbook, 97).
4.1 Functions
agencies and audit the records of businesses and persons whose financial activities are subject to
government regulations.
4.2 Income
The salary for governmental accountants varies according to the standard pay
accountant. The number of hours that will be required to work, the environment situation, the
working styles, and travel are all factors in the decision making process.
5.1 Hours
Accountants generally work 35-40 hours a week. During tax season, December to
4
Prepared by Pat Kamalani Hurley, Professor CC
Leeward CC (University of Hawai'i)
http://emedia.leeward.hawaii.edu/hurley/default.htm
May, the number of hours a week is increased with the heavy workload, especially for public
accountants and those accountants employed by accounting firms. Also, weekend hours and no
5.2 Environment
Accounting is normally a desk job in an office setting. Surroundings may vary from
employer to employer. At the entry level, sharing offices or working in general work areas is
expected. Large business and public accounting firms offer the luxury of private offices. With
advancement comes the greater likelihood of being comfortable. Accountants for the Department
5.3 Workstyle
Most accountants work at their own desks. Management and government accountants
5.4 Travel
employed by large public accounting firms are given opportunities, but accountants from small
public accounting firms are offered overnight travel that is required to service and visit clients.
Moreover, large accounting firms may offer days or weeks away on a single project. Accountants
employed by national firms may travel at length to carry out audits and complete other services
for clients or employers. Management accountants almost certainly travel. Some federal
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Prepared by Pat Kamalani Hurley, Professor CC
Leeward CC (University of Hawai'i)
http://emedia.leeward.hawaii.edu/hurley/default.htm
departments entail extensive national and international travel.
Job openings for accountants will grow faster than average, although competition for jobs
is keen. The growing complex tax laws that dictate business today create a greater than before
demand for tax accountants. Certified public accountants should enjoy the continuous widest
range of job opportunities; these opportunities, in turn, increase competition for CPA jobs.
Accountants with master’s degrees in business administration with a focus in accounting are more
and more valued, especially among large firms. Having experience with computers is
advantageous for job opportunities as increasingly complex accounting functions are performed
through computers. The number of business establishments increases as the economy grows,
resulting in the need for needing more accountants to provide management advice, to set up
Recommendations are for the client who paid for the report – in this case the school administrators, not
the students – and list the actions to take, based on the needs stated in the letter of authorization and the
info of the report. Multiple recommendations are best presented in a bulleted or numbered list.
Public, managerial, and governmental accounting are three categories of a broad career
field of accounting. Public accountants operate audits, assist in management planning, look after
investors and stockholders, and prepare tax returns. Certified public accountants are authorized a
operations to internal staff, aid executives in making business decisions, and perform internal
audits. Government accountants sustain and inspect financial records of agencies employed by
the government and perform audits of businesses and persons with prospect regulations.
Providing specific degrees for accounting majors will enhance the students’ career
programs concentrating on specific branches of accounting bachelor degrees. This action will
better prepare future accountants according to the type of job desired. Employers will not have to
spend time training the future employees in the different tasks involved in job descriptions. Also,
adding guest speakers to the College’s current career program regularly can be helpful in
excellent way in serving as a counseling tool for the students to get first-hand opinions from their
GS General Scheduled
For the latest requirements for the CPA exam, write to:
Most states have professional associations of accounting professionals, including the state
of Hawaii. Visit The Hawaii Society of Certified Public Accountants at
http://www.hscpa.org/
Information about the CMA exam, including upcoming dates and locations, can be
obtained from:
Institute of Management Accounting
570 City center Building
Ann Arbor, MI 48108
Additional information on the CFA exam, candidate study program, and enrollment can
be obtained from:
The Registrar
The Institute of Chartered Financial Analysts
University of Virginia
P.O. Box 3668
Charlottesville, VA 22903
Recent exams and unofficial answers are available in a booklet for a nominal fee from:
Special Order Department
National Association of accountant
919 Third Avenue
New York, NY 10022
WORKS CITED
Hildebrandt, George, and Martin Burt. Career Choices for the 2000’s For Students of
Business. New York: Walker Publishing Company, 2002.
Norback, Craig. VGM’s Handbook of Business and Management Careers. Chicago: Publishing
Group, 2003.
Salary Survey. Aug 2002. Texas A&M University Career Center. 1 Nov 2002.
<http://aggienet.tamu.edu/cctr/SalS01.html>.
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