Analysis on the benefits of Private Accounting Essay

Analysis on the benefits of Private Accounting Essay

Length: 1776 words (5.1 double-spaced pages)

Rating: Powerful Essays

Open Document

Essay Preview

This study aims to know the different benefits that Private Accounting can give. The expected results for this study are the knowledge of the Accountancy students about the benefits of Private Accounting. Moreover, the factors affecting the career paths of these students are also expected. This study is not only useful for the researchers but also for the respondents for them to gain a better understanding of their course and Private Accounting.

This study is intended to find the benefits of Private Accounting and its effects on the career paths of Accountancy students of De La Salle Lipa. Different career opportunities lies in the practice of Private Accounting, such as Book Keeper, Financial Accountant, Controller, Budget Officer, Internal Auditor, electronic Data Processing Head, Cost Accountant, Chief Accounting Officer, Chief Information Officer, Tax Officer. Through, this study we aim to discover which of these jobs catches the attention of the 3rd and 4th year Accountancy students of De La Salle Lipa.
It is aimed to show the respondent’s profile in terms of Name, Gender, and Year Level. It is also aimed to show the perceptions of Accountancy students to Private Accounting. Knowing that some choose Private Accounting just because they want to be in it but they do not know what really is the meaning of it. Also we are to know the factors that affect their choices between Private Accounting and the jobs that the students consider in Private Accounting. It is important that once you enter a workplace you will be able to cope up easily because you already had an idea of what you will be working on. We also aim to show the importance of knowing the benefits of Private Accounting. In this study the benefits that one may have ...

... middle of paper ...


Works Cited

Business Dictionary (2013). Private Accountant. Retrieved from

Durant, J. (2013). Corporate vs. Public Accounting: What are the advantages of each as a career? Retrieved from 013/Career/CorporatevsPublicAccounting.jsp
Half, R. (2013). Corporate vs. Public Accounting: What are the advantages of each as a career?. Mula sa 013/Career/CorporatevsPublicAccounting.jsp
Manuel, V. 2012. 21st Century Accounting Process 18th Edition. Quezon City, Metro Manila: Raintree Trading and Publishing House Inc.
Creswell, J. 1994. Research design: qualitative & quantitative approaches. Thousand Oaks, California: Sage Publications

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

The Value and Goals of Accounting Essay

- ... 42). The Roehampton’s governing body is the Higher Education Funding Council for England (Bell, 2012, pp. 27-29). The SLC is owned by the Government – the Student Awards Agency for Scotland, Local Authorities in Wales, the Education and Library Boards in Northern Ireland, Higher Education Institutions and HM Revenue & Customs) – which are the shareholders of this organisation. (Smith & Laverty, 2012-2013, pp. 1-2) In both organisations the governing’ bodies have the responsibility to keep public officers or other officials accountable for their performance and results, which determines the proper functioning of the companies through well prepared and organised management strategies and...   [tags: business, profit, analysis]

Powerful Essays
1771 words (5.1 pages)

Essay on Foensic Accounting

- Foensic Accounting Corporations are often the victims of the most common white-collar crimes that occur in corporate America. According to the Association of Certified Fraud Examiners (, “abuse and fraud by employees cost U.S. organizations more than $400 billion annually…[which equals] $9 per employee per day.” These statistics show the corporate need for forensic accountants, there also is an immense demand for these specialized accountants in the private sector. For example a forensic accountant is used to “quantify economic loss” ( in personal injury cases....   [tags: BTEC Business Marketing GCSE Coursework]

Powerful Essays
886 words (2.5 pages)

Essay on Virtual Private Networking

-      This paper will Describe in detail what Virtual Private Networking is and how it is used in companies. It will cover all of the benefits, as well as the problems encountered in achieving success with this facilitator of social software. It will give examples of companies and how they use the technology, it will provide case studies of companies that have used the technology successfully. It will review the author’s thoughts of how to use VPN in a common workplace.      Then it will show you how to implement VPN on a network, through both hardware and software installations....   [tags: VPN]

Powerful Essays
1869 words (5.3 pages)

Essay on Social and Economic Benefits of Marijuana Decriminalization

- ID: NL31675 To: Problem Amidst new reports indicating the economic cost of lost productivity from drug-related incarcerations is considerably higher than the cost associated with drug use, this brief aims to communicate our findings regarding the social and economic benefits of federal decriminalization of marijuana. Outlining The Problem In 2010, the U.S. federal government spent over $15 billion battling the war on drugs, at a rate of about $500 per second (Miron & Waldock, 2010). The number of people incarcerated for nonviolent offenses increases every decade, with 50,000 behind bars in 1980 and over 400,000 in 1997 (Drug Policy Alliance, 2013)....   [tags: taxable, medicinal, legislation]

Powerful Essays
1738 words (5 pages)

Life-Cycle Cost Analysis Essay

- Life-Cycle Cost Analysis Life-cycle cost analysis (LCCA) is a method for assessing the total cost of facility ownership. It takes into account all costs of acquiring, owning, and disposing of a building or building system. LCCA is especially useful when project alternatives that fulfill the same performance requirements, but differ with respect to initial costs and operating costs, have to be compared in order to select the one that maximizes net savings. For example, LCCA will help determine whether the incorporation of a high-performance HVAC or glazing system, which may increase initial cost but result in dramatically reduced operating and maintenance costs, is cost-effective or not....   [tags: Facility Ownership Finances Accounting Essays]

Powerful Essays
3682 words (10.5 pages)

Essay on Theoretical Analysis of Restoration Liability Accounting

- I. Theoretical Analysis of Restoration Liability Accounting Firms in the extractive industry usually follow a general pattern of evaluation & exploration, development, production, and finally rehabilitation of the site. According to the AASB Framework, “A liability is a present obligation of the entity arising from past events, the settlement of which is expected to result in an outflow from the entity of resources embodying economic benefits.” (AASB Framework #49a, 2004, p.22) Looking deeper than just the legal form of the mining asset, the economic benefit from the land in such a scenario where the asset (mining site) is leased or bought would flow to the entity rather than its legal owner...   [tags: Accounting]

Powerful Essays
2711 words (7.7 pages)

Sarbanes-Oxley Act (SOX) Essay

- Introduction In July of 2002, Congress swiftly passed the Public Company Accounting Reform and Investors Protection Act at the time when corporations like Arthur Anderson, Enron and WorldCom fell due to fraudulent accounting practices and bad internal control. This bill, sponsored by Mike Oxley (R-OH) and Paul Sarbanes (D-MD), became known as Sarbanes-Oxley Act (SOX).It sought to restore public confidence in publicly traded companies and their accounting practices, though the companies listed above were prosecuted on laws that were already in place before SOX....   [tags: accounting, cost, law, efficiency, market, economy]

Powerful Essays
1765 words (5 pages)

An Analysis of Richer Sounds PLC Essay

- An Analysis of Richer Sounds PLC 1.0 A Report on How Richer Sounds Functions 4.1 A Classification of the business according to its ownership, and an explanation of the benefits and constraints of this type of ownership Richer Sounds is part of the Private Sector, which consists of businesses who seek to make a profit. Julian Richer is the sole owner of Richer Sounds, which means he has full control over the business, but the Directors run it. Richer Sounds is a regional unlisted Public Limited Company, which means it is not listed on the Stock Exchange....   [tags: Business Management TQM Essays]

Powerful Essays
9071 words (25.9 pages)

Essay about Commodity Chain Analysis of Nike Shoes

- Commodity chain analysis of a Nike Shoe Introduction Since its creation, Nike has proven itself as a popular brand and it has created niches by selling products such as footwear, apparels and various types of sports equipment. This paper will attempt to trace the product development of Nike shoes from its origins in conception and design to the manufacturing and production process located in contract factories in developing countries to advertising and marketing of Nike as a cultural commodity and finally, the retailing of the footwear around the world....   [tags: Production Manufacturing Economics]

Powerful Essays
1611 words (4.6 pages)

Accounting Essay

- Accounting On September 28, 1998, Chairman of the U.S. Securities and Exchange Commission Arthur Levitt sounded the call to arms in the financial community. Levitt asked for, "immediate and coordinated action… to assure credibility and transparency" of financial reporting. Levitt’s speech emphasized the importance of clear financial reporting to those gathered at New York University. Reporting which has bowed to the pressures and tricks of earnings management. Levitt specifically addresses five of the most popular tricks used by firms to smooth earnings....   [tags: Accounting Finances Money Essays]

Free Essays
2347 words (6.7 pages)