2013년 11월 30일 토요일

About 'marketing ideas for accounting firms'|...precisely this spirit that must inhabit us all. For as much as government can do and must do, it...we do not grudgingly accept but rather seize gladly, firm in the knowledge that there is nothing so...







About 'marketing ideas for accounting firms'|...precisely this spirit that must inhabit us all. For as much as government can do and must do, it...we do not grudgingly accept but rather seize gladly, firm in the knowledge that there is nothing so...








"               If               we               eat               McDonald's               ham               and               potatoes               for               a               thousand               years,               we               will               become               taller,               our               skin               will               become               white,               and               our               hair               will               be               blonde,"               {Schlosser}.

This               is               a               quote               from               Den               Fujita,               the               Japanese               billionaire               who               brought               McDonalds               to               Japan.

It               is               pronouncing               the               corporate               mentality               towards               the               Globalization               of               McDonaldization.

What               this               means               is               not               only               have               foreign               businesses               embraced               the               McDonaldization               of               business,               but               the               lifestyle               of               the               irrationality               of               rationality.

According               to               critics               of               McDonaldization,               if               we               let               convenience               and               efficiency               run               rampant,               it               will               lead               us               into               a               future               of               a               homogenized               world.

McDonaldization               Defined:
               

               Sociologist               George               Ritzer,               who               coined               the               phrase               McDonaldization,               defines               it               as               "               the               process               by               which               the               principles               of               the               fast-food               restaurants               are               coming               to               dominate               more               and               more               sectors               of               American               society               as               well               as               the               rest               of               the               world,"               {Giddeons               &               Dunnier,               pg               251}.

This               process               extends               its               practices               into               businesses               and               lifestyles               of               all               types.

As               people               adjust               to               the               McDonaldization               of               business               it               crosses               over               into               their               everyday               lives.
               

               McDonaldization               consists               of               four               elements,               Efficiency,               Calculability,               predictability               and               Control.

Ritzer               calls               these               the               dimensions               of               McDonaldization               and               is               the               four               pillars               on               which               capitalism               now               builds               its               empire,               {Massey,               pg               323}.

Through               efficiency,               the               service               or               product               is               offered               in               the               most               direct               way.

Calculability               is               the               convincing               of               consumers               that               bigger               is               better               and               they               get               more               for               their               money               -               Super               Size               it.

In               assuming               that               most               people               don't               like               surprises,               businesses               create               homogeneous               products               or               services               offering               a               sense               of               predictability               consumers               come               to               expect.

To               accomplish               all               these               dimensions               a               high               amount               of               control               must               be               implemented.

"Ritzer's               focus               involves               control               through               the               substitution               of               non-human               for               human               technology.

By               making               tasks               repetitive               and               forcing               employees               not               to               think,               employers               can               maintain               a               tighter               control               over               them,"{www.McDonaldization.com}.

The               McDonalds               corporation               lists               this               aspect               as               a               mission               statement               for               the               company               in               "leveraging               the               strengths               of               the               McDonald's               system               through               innovation               and               technology,"               {.www.McDonalds.com}.
               

               The               affects               of               McDonaldization               can               be               seen               everywhere               today               and               it               is               reaching               to               extremes.

There               are               several               stores,               most               likely               seen               in               suburban               areas,               like               Wal-Mart               where               you               can               shop               for               just               about               anything               from               food               to               clothes,               develop               your               film               and               eye-lenses               in               under               an               hour,               pump               your               gas,               access               an               ATM,               eat               at               McDonalds               and               grab               some               Starbucks.

Furthermore               it               can               all               be               done               without               every               interacting               with               a               store               employee               using               bankcards               and               automated               checkout.

Heightened               security               surveillance               compensates               for               obvious               concerns               with               minimized               employees               attending               several               checkout               machines,               both               enforcing               the               dimension               of               control.

The               practice               of               co-branding               and               placing               franchises               within               a               franchise,               McDonalds               in               Wal-Mart               is               creating               a               convenience               factor               that               is               unbeatable.
               

               "And               Syracuse               is               just               the               tip               of               the               McDonaldized               iceberg,"               as               Chris               Wright               puts               it               in               his               article               'The               McDonaldization               of               Syracuse.'               It               is               a               global               issue               now               as               businesses               are               crossing               boarders               in               all               areas               of               the               world.

The               McDonald's               corporation               is               often               the               first               multinational               corporation               to               arrive               when               a               country               has               opened               its               market               {Schlosser},               setting               the               pace               for               other               businesses.
               

               In               Brazil,               McDonalds               is               the               country's               largest               private               employer               and               in               Saudi               Arabia               during               the               nation's               holiday               of               Ramadan,               Kentucky               Fried               Chicken               earned               over               $200,000               in               one               week               {Schlosser}.

This               shows               that               these               corporations               do               not               as               much               involve               local               traditions               as               they               overshadow               them.

By               incorporating               local               tradition               and               flavors               in               foreign               franchises,               it               is               nothing               more               than               another               way               to               profit               off               the               local               consumer.

Cities               are               quickly               losing               their               individuality;               becoming               a               sea               of               just               the               same               bright               signs               from               coast               to               coast               {Wright}.

More               so,               Wal-Mart               is               now               the               largest               employer               in               the               United               States               and               the               fastest               growing               multi-national               corporation.

This               is               where               there               is               danger               in               McDonaldization,               in               homogenization,               in               a               future               that               lacks               creativity               and               individuality.

As               more               franchise               businesses               open               world               -               wide               the               more               success               they               enjoy               and               the               easier               it               becomes               to               give               in               to               the               effects               of               McDonaldization.

Nonetheless,               there               is               noticeable               resistance               against               these               businesses,               especially               Wal-Mart               and               McDonalds.
               

               McDonalds               vs.

The               Little               Guy:
               

               It               is               called               McDonaldization               because               the               McDonalds               Corporation               is               the               most               visible               manifestation               of               the               process.

Many               instances               have               occurred               where               a               small               group               speaks               out               against               McDonaldization,               and               because               of               their               visibility,               McDonalds               suffers               the               most               scrutiny.

Two               individuals               in               England               handed               out               pamphlets               questioning               McDonald's               nutritional               value               and               their               advertising               to               children.

It               gained               much               media               attention               and               even               inspired               a               book               by               John               Vidal               and               Ralph               Nader               called               'McLibel'.

McDonalds               sued               the               two               individuals               and               won               the               case               due               to               legality,               but               awareness               was               still               raised.

Nutrition               became               the               forefront               of               attack               on               McDonalds               as               seen               in               documentary               'Super               Size               Me'               and               contributed               to               drastic               changes               in               the               restaurant's               menu.
               

               In               another               instance               the               French               Farmer/revolutionary,               Jose               Bove               and               his               McDonalds10               insurrected               a               McDonalds               being               constructed               in               France               {www.purefood.org}.

Their               fight               was               against               globalization               and               the               un-ethical               practices               of               large               corporations               and               once               again               the               visible               golden               arches               played               the               part               of               the               big,               bad               corporation.

Though               corporations               have               a               right               to               defend               themselves               publicly,               that               social               responsibility               requires               them               to               seriously               question               the               image               they               have.

The               allegations               that               were               raised               against               them               were               recognized               as               true               in               some               respects,               but               the               corporation               used               legal               loopholes               to               avoid               any               repercussions.

As               companies               like               McDonalds               grow               and               expand,               it               allows               them               more               influence               and               money               to               avoid               being               questioned               by               those               who               resist.
               

               The               company               takes               it's               self               far               too               seriously,               {www.mcspotlight.org},               they               sell               hamburgers               with               Global               marketing               campaigns.

This               has               to               do               with               the               advertising               practice               of               selling               an               image               to               sell               a               product               or               service.

This               can               be               seen               in               most               advertising               these               days               as               a               result               people               strive               towards               a               lifestyle               through               the               purchases               they               make               and               services               they               use.
               

               Caged               Animals:
               

               It               often               seems               as               if               the               product               has               been               taken               off               the               assembly               line               and               the               consumers               are               put               in               its               place.

We               are               herded               into               the               next               purchase               while               waiting               in               line               being               advertised               to.

Perhaps               the               strongest               pillar               of               Ritzer's               dimensions               of               McDonaldization               is               Control.

Not               only               are               there               high               controls               of               the               production               and               service,               but               control               of               the               individual               consumer.

In               the               chain               grocery               stores               we               are               lead               by               rows               and               rows               of               junk               to               reach               what               we               came               for,               items               like               milk               and               eggs,               in               the               back               corners               of               the               store.

When               you               finish               your               meal               at               McDonald's               the               swaying               doors               on               the               trash               containers               read               `thank               you',               indicating               you               should               clean               up               after               yourself,               including               the               drink               you               poured               for               yourself               at               the               soda               fountain.

The               labor               has               been               shifted               to               the               consumer               cutting               costs               for               the               corporation,               {Massey}.

This               is               all               part               of               the               process               of               corporations               forcing               their               consumers               to               also               become               good               workers,               lead               to               believe               that               this               is               for               our               convenience.

This               wave               of               self-serving               services               also               leaves               workers               feeling               alienated               by               the               lack               of               interaction.

We               are               becoming               caged               by               automation               as               consumers               and               as               workers.
               

               The               Iron               Cage:
               

               Max               Weber's               coined               the               sociological               term               "Iron               Cage,"               and               we               have               seen               the               bureaucratic               experience               in               all               our               daily               dealings.

Weber               wrote,               "The               care               for               external               goods               should               only               lie               on               the               shoulders               of               the               'saint               like               a               light               cloak,               which               can               be               thrown               aside               at               any               moment'.

"But               fate               decreed               that               the               cloak               should               become               an               iron               cage,"{Massey}.

Weber's               Iron               Cage               was               created               by               the               capitalism               operating               under               bureaucratic               control.

It               consists               of               ridged               guidelines               and               written               rules,               but               is               necessary               in               order               to               control               large               organizations.

We               all               live               and               work               in               the               Iron               Cage               being               subject               to               its               experience               in               education               and               government.

Although               bureaucracy               still               thrives               in               our               government               and               educational               systems,               the               cage               has               adapted               to               the               modern               world.
               

               The               Velvet               and               Rubber               Cage:
               

               This               is               where               Ritzer's               adaptation               to               a               Velvet               and               Rubber               Cage               started               to               develop.

Within               the               Velvet               Cage               chain               and               franchise               companies               blossomed               around               the               country               and               now               globally.

Familiar               brands               have               emerged               in               every               market               from               food,               clothing,               movie               theaters,               heath-care               clinics               and               even               tax               accounting               services.

The               Rubber               cage               offers               a               more               flexible               area               of               business               and               lifestyle               through               specialized               services,               independent               businesses               and               quality               -               based               products,               {D'Amico               Foods},               {Whole               Foods}.
               

               Whether               someone               lives               and               works               in               the               Velvet               or               Rubber               Cage               depends               on               many               aspects               that               must               be               considered.

It               is               mostly               a               level               of               affluence               and               lifestyle               choices               or               whether               a               person               has               those               options               available               to               them.

For               most               people               that               live               in               the               suburbs               there               are               not               many               choices               available.

Most               suburban               towns               were               developed               with               chain               restaurants               and               stores               that               saw               opportunity               in               a               growing               population.

Residents               of               larger               urban               cities               have               much               more               to               choose               from,               such               as               local               dinners,               independent               movie               theaters               and               local               corner               stores.
               

               The               Rubber               Cage               of               the               City               and               the               Velvet               Cage               of               the               Suburbs               is               one               way               to               look               at               it.

There               is               variety               in               an               urban               setting,               but               the               Velvet               Cage               also               exists.

For               example               there               is               still               a               McDonalds               on               every               corner,               but               those               who               can               afford               it               can               choose               a               local               dinner               instead.

As               for               the               suburbs               choices               are               limited               and               the               McDonalds               inside               the               Wal-Mart               is               what               you               get.

The               suburbs               can               be               seen               as               "an               architectural               version               of               the               Invasion               of               the               Body               Snatchers…neighborhoods               replaced               by               soulless               alien               substitutes…Instead               of               corner               stores               we               have               quick               marts…Instead               of               Main               streets,               we               have               Mega               Malls…Fast-Food               architecture               -               McMansions               -               sit               forlornly               along               monotonous               cul-de-sacs,"               {Suburban               Nation}.

The               suburbs               are               a               breeding               ground               for               the               homogenization               and               McDonaldization               of               America,               offering               little               or               no               choice               to               the               consumer.

In               every               suburb               you               have               a               McDonalds,               a               Blockbuster               Video               and               a               Wal-mart,               and               each               one               symbolizes               growth               for               the               town.

Just               as               when               a               McDonalds               enters               a               foreign               country               it               symbolizes               growth               and               prosperity               to               the               country               for               some.
               

               Recalling               life               in               a               suburban               town               in               Colorado,               the               native               locals               were               nostalgic,               some               negatively               of               when               McDonalds               moved               in.

For               a               town               that               used               to               have               more               horses               than               people,               the               opening               of               a               McDonalds               was               a               major               turning               point               in               the               town's               growth.

The               Wal-Marts               and               Blockbusters               soon               followed               and               for               the               new               residents               it               was               a               sign               that               their               town               was               booming.

As               for               the               natives,               this               was               a               symbol               of               all               that               was               wrong               with               the               world               and               most               of               them               sold               their               land               to               developers               who               build               more               suburbs               and               more               McDonalds-type               establishments.
               

               Cyber               Cage
               

               The               Internet               offers               a               massive               global               playground               for               businesses               that               thrive               in               the               Iron,               Velvet               and               Rubber               Cage.

The               Rubber               Cage               will               benefit               most               from               the               Internet,               but               something               as               transparent               and               adaptable               as               the               Internet               is               fair               game               for               either               one.

Velvet               Cage               businesses               will               benefit               from               the               additional               exposure               to               customers               and               their               extended               availability               of               products               or               services.

Rubber               Cage               businesses               can               reach               the               same               amount               of               people,               in               the               same               cost               -effective               way               as               firms               in               the               Velvet               Cage.

Though               it               has               become               the               same               struggle               for               independent               businesses               to               take               advantage               of               the               advertising               space               large               chains               and               franchises               have               dominated               for               so               long               and               now               strive               to               dominate               on               the               Internet.

Even               still,               the               businesses               in               the               rubber               cage               may               come               out               ahead               on               the               Internet,               as               they               tend               to               cater               a               more               specialized               service               or               product               which               goes               hand               in               hand               with               the               personalized               aspects               of               the               Internet.
               

               The               Internet               also               provides               a               way               for               business               to               track               and               record               a               lot               of               information               about               their               customers.

As               you               surf               the               net               and               share               information               about               yourself,               the               more               corporations               know               about               likes               and               dislikes.

This               may               be               a               good               thing,               in               that               we               get               what               we               want,               but               is               it               necessarily               what               we               need?

Marketing               and               Advertising               research               can               be               taken               to               extreme               levels               utilizing               the               Internet               as               we               give               away               tons               of               information               that               is               sold               right               back               to               us.

This               is               creating               something               of               a               new               cage               amongst               Ritzer's               Velvet               and               Rubber               Cage.

An               Invisible               cage               or               glass               cage               where               it               seems               our               options               are               limitless,               yet               it               is               just               more               products               and               services               we               don't               need.
               

               The               Internet               is               in               some               ways               blurring               the               lines               between               the               Velvet               Cage               and               the               Rubber               Cage.

It               allows               companies               to               build               a               storefront               without               the               constraints               of               location.

Businesses               that               traditionally               operated               in               the               velvet               cage               could               better               specialize               their               product               or               service               on               the               Internet               for               the               customer,               {www.kinkos.com}.

They               could               portray               a               more               personal               image,               just               as               businesses               in               the               Rubber               Cage               could               seem               larger               and               more               efficient               {www.neighborhoodpostal.com}.
               

               Conclusion:               Balancing               the               Future
               

               To               prevent               the               McDonaldization               of               our               future               a               balance               must               be               met               in               accountability               and               the               allowance               of               control               to               corporations.

Corporations               are               on               a               fast               track               to               being               the               official               sponsor               of               everything.

Instead               of               more               limits               and               restrictions               placed               on               the               corporations,               they               are               being               removed.

For               instance               Media               conglomerates               have               long               been               restricted               on               ownership               of               television               and               radio               in               the               same               markets.

Congress               is               now               considering               lifting               these               restrictions,               which               would               allow               companies               like               Viacom               and               The               News               Corporation               to               control               television,               radio               and               print               media               in               the               same               market.

Viacom               already               owns               65%               of               the               radio               advertising               space               through               its               purchase               of               CBS,               should               they               be               allowed               more               control.

A               corporation               is               an               artificial               being,               a               non-entity,               a               board               of               directors               not               held               liable               for               their               actions.

The               media               conglomerates               like               Viacom,               Bertelsmann               Music               Group               and               Time               Warner/AOL               are               a               faceless               threat               where               the               bottom               line               is               profit.

Companies               whose               idea               of               social               responsibility               is               more               like               social               control.
               

               As               witness               to               this               overwhelming               control               of               Media               conglomerates,               I've               seen               it               working               in               the               Publishing               Industry.

The               best               example               of               McDonaldization               in               publishing               is               the               'For               Dummies'               series               or               the               'Chicken               Soup               for               the               Soul'               series.

An               idea               that               worked               to               generate               better               profit               and               was               overused.

To               even               consider               Book               Publishing               an               industry               is               a               part               of               the               threat.

Unique               arts               and               entertainment               continually               risk               diminishing               without               the               sponsorship               of               corporations.

How               can               the               independent               book               publishers,               filmmakers,               theaters               and               stores               survive               if               conglomerates               buy               them               up               as               stock               commodities?

The               largest               distributor               of               Independent               films,               Miramax               is               not               truly               independent,               as               the               Disney               Corporation               owns               them.

Even               the               term               "Independent"               loses               it's               meaning               and               becomes               just               another               repackaged               lifestyle               used               in               advertising.

This               is               sustained               as               corporations               develop               within               the               process               of               McDonaldization.
               

               In               no               way               should               this               conclusion               sound               conspiratorial,               as               in               mega               corporations               bent               on               taking               over               the               world.

Though               it               is               plausible               to               consider               the               possibility               of               a               future               in               which               continued               McDonaldization               will               contribute               to               the               rising               power               of               these               corporations.

The               McDonalds               Corporation               started               as               an               independent               store               in               Northern               Illinois.

It               was               an               idea               and               system               that               worked               for               business               and               spread               like               wildfire,               from               Hamburgers               to               books.

The               Internet               is               taking               on               it's               own               form               of               McDonaldization,               overusing               the               aspects               most               efficient               to               users               and               designers.
               

               If               more               restrictions               are               put               on               corporations,               it               will               make               room               for               more               creative               enterprises,               allowing               fresh               ideas               to               blossom.

Multinational               corporations               already               bureaucratically               obtuse,               rarely               foster               new               ideas               latching               onto               trends               and               beating               the               same               dead               horse.

As               the               influence               of               corporate               culture               spreads,               more               freedom               for               true               independent               business,               by               restrictions               on               the               behemoths               will               mean               less               monotony               within               society.

This               is               in               no               way               anti-globalization               either;               there               could               be               positive               aspects               of               a               global               community.

The               question               is               do               we               want               companies               like               McDonalds               and               Wal-Mart               putting               their               logo               all               over               this               global               community?
               

               Index:
               

               -{Schlosser}               -               Eric               Schlosser,               Fast               Food               Nation,               page               367,               Global               Realization               Chp.
               

               -{Giddeons               and               Duneier},               Anthony               Giddeons               &               Mitchell               Duneier,               Introduction               to               Sociology,               page               251               -               Ritzer's               McDonaldization,               W.W.

Norton               &               Co.
               

               -{Massey}               -               Garth               Massey,               Readings               for               Sociology,               Page               323               -               24,               George               Ritzer               The               McDonald's               System
               

               -http://www.mcdonaldization.com/control.html
               

               -www.McDonalds.com,               http://www.mcdonalds.com/corporate/info/vision/index.html
               

               -{Schlosser}               -               Eric               Schlosser,               Fast               Food               Nation,               page               369,               Global               Realization               Chp.
               

               -{Schlosser}               -               Eric               Schlosser,               Fast               Food               Nation,               page               372,               Global               Realization               Chp
               

               -{Wright}               -               Chris               Wright,               The               McDonaldization               of               Syracuse,               http://www.newtimes.rway.com/1997/100897/cover.htm
               

               -{www.purefood.org}               -               http://www.purefood.org/gefood/SaviorBove.cfm
               

               -{www.mcspotlight.org}               -               http://www.mcspotlight.org/help.html,               under               the               'Why'               paragraph
               

               -{Massey}               -               Garth               Massey,               Readings               for               Sociology,               Thomas               R               Ide               &               Arthur               J.

Cordell,               Automating               Work,               page               343,               chapter               36.
               

               -{Massey}               -               Garth               Massey,               Readings               for               Sociology,               page               321,               chapter               33               -               Max               Weber's               The               Protestant               Ethic               and               the               Spirit               of               Capitalism.
               

               -{D'Amico               Foods}               an               example               from               the               syllabus               sites,               http://www.damicofoods.com
               

               -{Suburban               Nation}               Andres               Duany,               Suburban               Nation,               page               12,               Introduction
               

               -{www.kinkos.com}               an               example
               

               -{www.neighborhoodpostal.com}               an               example






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    About 'opening an accounting firm'|4 Simple Steps to Open a Share Trading Account







    About 'opening an accounting firm'|4 Simple Steps to Open a Share Trading Account








    Audit               Definition
                   An               audit               is               an               examination               by               an               independent               Certified               Public               Accountant               (CPA)               of               enough               of               a               company's               records               to               determine               whether               the               financial               statements               prepared               by               that               company               are               a               fair               representation               of               their               financial               condition.

    Getting               audited               also               ensures               that               the               financial               statements               have               been               prepared               in               accordance               with               generally               accepted               accounting               principles               (GAAP).

    GAAP               principles               were               developed               by               regulating               agencies               in               order               to               establish               comparability               among               the               financial               statements               of               different               companies               and               to               maintain               consistency               in               the               way               companies               account               for               events               and               transactions               from               year               to               year.

    Now               that               we               have               an               audit               definition               ,               let's               discuss               why               certain               companies               must               be               audited               .
                   Why               Do               Companies               Get               Audited               ?
                   Companies               provide               the               information               that               goes               into               their               own               financial               statements.

    Whether               these               financial               statements               are               prepared               by               the               company's               in-house               accountant               or               an               outside               accounting               firm,               audits               are               needed               to               provide               assurance               to               external               parties               that               those               financial               statements               can               be               relied               on               when               making               decisions.

    It               would               be               very               easy               for               a               company               to               misrepresent               information               in               their               financial               statements               in               order               to               seem               more               profitable               than               they               actually               are.

    This               could               be               a               fraudulent               way               to               lure               in               unsuspecting               investors               or               get               loans               from               banks               or               other               lending               institutions               which               they               would               otherwise               not               qualify               for.

    Getting               audited               is               a               way               for               companies               to               prove               to               these,               and               other               outside               parties,               that               their               financial               statements               are               reliable               and               trustworthy.
                   Who               Performs               Audits
                   The               audit               definition               above               stated               that               an               audit               is               an               examination               by               an               independent               certified               public               accountant               (CPA).

    Only               licensed               CPAs               can               perform               independent               audits               of               U.S.

    businesses.

    Auditing               is               a               highly               specialized               accounting               function               that               requires               auditors               to               have               an               extensive               knowledge               of               the               economy,               the               relevant               industry,               and               the               client's               business.

    Auditors               must               also               be               familiar               with               a               set               of               standards               called               generally               accepting               auditing               standards               (GAAS)               in               order               to               perform               their               duties               correctly.
                   What               to               Expect               If               Your               Company               Is               Going               to               Be               Audited
                   If               you               work               in               a               company               that               issues               financial               statements,               you               can               expect               that               at               some               point               during               each               year,               your               company               will               be               audited.

    The               auditors               will               usually               spend               a               few               days               at               your               business               reviewing               the               company's               financial               statements,               internal               controls,               and               supporting               documentation.

    They               will               probably               also               make               inquiries               of               various               company               employees               and               conduct               numerous               procedures,               all               aimed               at               achieving               reasonable               assurance               that               there               are               no               material               misstatements               in               the               financial               statements.

    Since               examining               every               single               client               records               would               be               too               costly,               auditors               use               methods               of               sampling               that               allow               them               to               test               just               some               of               the               records               and               determine               the               probability               that               as               a               whole               they               verify               the               fairness               of               the               financial               numbers.
                   At               the               end               of               the               audit,               the               auditors               will               issue               what               is               known               as               an               opinion               as               to               the               fairness               of               the               financial               statement               presentation.

    As               stated               in               the               audit               definition               in               the               opening               paragraph,               auditors               must               be               independent               in               their               assessments               of               the               company's               financial               statements.

    This               is               a               balancing               act               of               sorts,               since               the               auditor               is               being               paid               by               the               company               whose               records               they               are               auditing.

    But               if               an               auditor               does               not               exercise               independence               in               reviewing               these               records,               they               can               be               sued               by               the               parties               that               end               up               relying               on               the               company's               financial               statements               and               suffer               losses               due               to               the               auditor's               negligence.

    Most               CPAs,               therefore,               take               their               responsibility               to               audit               very               seriously.
                   More               from               this               contributor:               
                   5               LinkedIn               Tips               to               Help               You               Grow               Your               Business               
                   A               General               Ledger               Tutorial               
                   Understanding               Capital               Gains               on               a               Home               Sale






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    11. Opening An Accounting Firm - Blog Homepage Results

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