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Assignment Content
Purpose: The purpose of this assignment is to allow you the o
Assignment Content
Purpose: The purpose of this assignment is to allow you the opportunity to demonstrate an understanding of the accounting profession, how one becomes an accountant, and who regulates and oversees the profession.
Parameters: For this assignment, you will write a 3-4 page paper, not including the Title and Reference pages. Your paper should follow current APA format. You should compose your paper in a professional format, including complete, coherent sentences. Your writing should demonstrate your ability to apply the basic rules of grammar and writing mechanics within professional settings. For guidance on formatting your paper in current APA format, see the sample paper above.
Prompt: After reading Financial Accounting Reading: Basic Accounting Concepts and Assumptions, How the U.S. Accounting Profession Got Where It Is Today: Part I, and How the U.S. Accounting Profession Got Where It Is Today: Part II, write a paper that reflects on the development and current state of the accounting profession/industry.
Is this a profession you think you would like to pursue? The paper should include a discussion on how the profession has evolved over its history, including a discussion of the “Big 8” becoming the “Big 4,” the development of the industry’s professional ethics, and the governing/regulatory bodies that act to establish and monitor the behaviors of the players.
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