Latest News - Accounting

Foreign Corrupt Practices

Foreign Corrupt Practices Explain what the employees should know regarding the Foreign Corrupt Practices Act. Employees need to know that the Foreign Corrupt Practices Act was enacted to prohibit...

Cost Accounting

Cost Accounting What are support departments, and why are their costs allocated to other departments? What process is used to allocate support department costs? Support departments are those whose...

Ethical Issues Within The Field Of Accounting

Ethical Issues Within The Field Of Accounting Steve Morgan, who works as the controller for Newton Industries, experiences an ethical issue in his company. While reviewing the production costs...

Tax Cuts and Job Acts

Tax Cuts and Job Acts Summarize the purpose of the Tax Cuts and Jobs Act and explain the main objective(s) for its implementation. The Tax Cuts and Jobs Acts (TCJA)main objective is to reduce the...

FASB and COSO

FASB and COSO Briefly explain the mission or focus of the two organizations you selected and cite at least two sources for your information. Note: Wikipedia and similar websites do not qualify as...