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Saturday, April 20, 2019

What is your favorite major and why Essay Example | Topics and Well Written Essays - 500 words

What is your favorite major and why - Essay ExampleEvery major corporate has several accountants working for them and they are well paid, they do a really all important(predicate) task of making poise sheets and profit and loss statements, these statements are because passed on to shareholders of the company and this is how the whole process works. Following is an example of how some people manipulate balance sheets to earn money.Satyam an Indian company was involved in a huge accounting fraud and it was later on realized that the company had prepared several misleading reports because of which several shareholders held on to their shares and they also made a lot of profit because rude(a) share holders were very impressed with their reports, this is how important accounting really is. unitary misleading report and everything can change. To conclude it is very fair to say that accounting is really important and a company must have ethics and declare their results properly. Trans parency in business is exceedingly important, a transparent organization will never dupe its shareholders and it will also attract new shareholders unlike Satyam, to conclude it is very fair to say that accounting is very

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