Review of Related Literature free essay sample

Accounting is undeniably essential to most individuals. It serves a variety range of place in our society. Many researchers and writers have defined the role of accounting in the daily lives of people in the society. The primary purpose of accounting is simply to help people make decisions throughout their everyday lives. It provides service to different organizational bodies from a small time business to a multinational company. Baysa and Lupisan (2011) defined accounting as a service activity. They said that the main function of accounting practices is to provide quantitative information, primarily financial in nature, about economic entities that is intended to be useful in making economic decisions. They stated that the primary duty of accountants is to render services by providing information about economic entities that is measure in terms of money (p. 2). In another accounting book, Manuel (2011) gave the definition of accounting as a language that communicates essential information for decision making (p. We will write a custom essay sample on Review of Related Literature or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page 9) . The author also noted that all businesses have one common factor: they all need vital information before making critical decisions. This is where accounting comes in as it plays a vital role in tracking down the activities and resources of a business and reporting back these activities in the form of relevant information (p. 2). In another literary work, Abelada (2010) stated in one of his books that accounting is introduced primarily for a business enterprise. He specified that the practice of accounting has evolved in response to the need of business managers for relevant financial information necessary to run a business effectively and to guide them in making short and long term plans or making decisions. (p. 2) But Accounting is not limited only in business entities. Even simple individuals may make use of the accounting system. When they borrow money, compute their take home salary, pay their income tax, buy a car on installment, or if they plan for retirement, they would be requiring accounting information. According to Abelada(2010) accounting can also be useful not only in business enterprises but also in any kind of organization that would be needing financial information. (p. 3) Accounting indeed has a variety of uses in many aspects of life. Whether in business transactions or in a simple individual’s life, accounting practices and principles is always present.

Chicago Will Be Ours essays

Chicago Will Be Ours essays "Their home! Their home! They had lost it! Grief, despair, rage, overwhelmed him - what was any imagination of the thing to this heart-breaking, crush reality of it ... Only think what he had suffered for that house - what miseries they had all suffered for that house - the price they had paid for it!" "The Jungle", by Upton Sinclair, gives a heart-breaking portrayal of the hardships faced by the countless poverty stricken laborers in the slaughterhouses of Chicago. As in the quote above, a struggling family underwent months of back- breaking labor only to lose their house at the drop of a hat. It was a desperate and unmerciful time when an accidentally fractured ankle cost a man his job and his family food and shelter. In the early 1900's, strikes, riots, labor unions, and new political parties arose across the country. The Government, with its laissez-faire attitude, allowed business to consolidate into trusts, and with lack of competition, into powerful monopolies. These multi-mil lion dollar monopolies were able to exploit every opportunity to make greater fortunes regardless of human consequences. Sinclair illustrates the harsh conditions in Packingtown through a Lithuanian immigrant family and their struggles to survive. Ona, a young and frail woman, and Jurgis, a hardworking and strong man and the husband of Ona, come to America with some of their family to find work and to make a new and better life for themselves. With everyone finding employment right away, the family begins their lives in America with optimism, enthusiasm, and ignorance. Taking a huge risk, they purchase a small rickety house. Slowly, they awaken to the harsh realities of their surroundings. There's the mortgage to pay, interest on the mortgage, food, clothing, shoes, and coal that needs to be bought, but there just wasn't enough money to pay for it. Antanas, the father of Jurgis, and the women and children trudged out into the cold and h ...

Letter Assignment Example | Topics and Well Written Essays - 250 words - 5

Letter - Assignment Example Should the misunderstanding between Felicia and Curt persist, E&Y is most likely to lose its highly esteemed clients because of the eminent and unprofessional attendance they experience. It is appreciable that Felicia has been a great mentor and serves diligently as the client team leader at E&Y for two and a half years. Being the Department Supervisor, your immediate attention is critical to addressing the situation. Your actions are also important to getting a viable resolution to the disagreement that would enable the two work efficiently and in coordination. Therefore, there is necessity that you schedule for another meeting in which you will resolve the contentious issue affecting E&Y. In addition, a meeting with Felicia and Curt would help solve their existing disagreements and subsequently prevent future challenges to attending to clients at E&Y. Moreover, peace would remain maintained within our department besides enhancement of the relationship between Tulsa office of Ernst & young and E &Y client Midcontent