Business Essentials (11th Edition)
11th Edition
ISBN: 9780134129969
Author: Ronald J. Ebert, Ricky W. Griffin
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Question
Chapter 15, Problem 15.31C
Summary Introduction
Case summary:
The case deals with the future directions for the modern accountant. The role of the traditional accountant was analyzing past data, providing interpretation of financial data, and creating financial statements. The roles of modern Certified Public Accountant are demonstrating financial implications for overall operations, human resources, technical resources, data management, and strategy.
The trends that are emerged to the additional roles of the modem accountant are as follows:
- Project management in the expanded role of an accountant
- Social media has changed relationships and the way business is conducted
- Effectiveness as a communicator is a must for the accountant
- Fewer restrictions from physical and geographic boundaries.
To determine: Whether the emerging role of the modern accountant brings with it a greater emphasis on ethics.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Transportation is considered a facilitator of trade as it can either make trade feasible or infeasible. Transportation infrastructure is crucial to the efficiency of transportation and ultimately, international trade. After conducting research on infrastructure investments in Canada, choose one infrastructure investment that has not been chosen already by a fellow candidate and describe the scope of the project and its objectives. Be sure to explain how your project helps facilitate trade with which specific regions and how it contributes to efficient supply chains.
Discuss the advantages and disadvantages of integrating multiple data tracking systems with a CRM. Describe how integration can impact analytics. Describe possible barriers to an organization implementing a CRM.
I participated in a team tasked with developing and implementing a new customer service training program. The team included five members: myself, two training specialists, an HR representative, and a team leader. Our work environment was a mix of virtual and collocated, with weekly in-person meetings and frequent virtual check-ins. Reflecting on our process, it's evident that parts of “Tuckman's model”(Forming, Storming, Norming, Performing, and Adjourning) were present in the development and completion of the project.
Do you think only clarifying roles and fostering trust would have resolved the issue you had experienced?
Chapter 15 Solutions
Business Essentials (11th Edition)
Ch. 15 - Prob. 15.1QRCh. 15 - Prob. 15.2QRCh. 15 - Prob. 15.3QRCh. 15 - Prob. 15.4QRCh. 15 - Prob. 15.5QRCh. 15 - Prob. 15.6QACh. 15 - Prob. 15.7QACh. 15 - Prob. 15.8QACh. 15 - Prob. 15.9AECh. 15 - Prob. 15.10AE
Ch. 15 - Prob. 15.11ACh. 15 - Prob. 15.12ACh. 15 - Prob. 15.13ACh. 15 - Prob. 15.14ACh. 15 - Prob. 15.15ACh. 15 - Prob. 15.20EECh. 15 - Prob. 15.21EECh. 15 - Prob. 15.22EECh. 15 - Prob. 15.23CCh. 15 - Prob. 15.24CCh. 15 - Prob. 15.25CCh. 15 - Prob. 15.26CCh. 15 - Prob. 15.27CCh. 15 - Prob. 15.28CCh. 15 - Prob. 15.29CCh. 15 - Prob. 15.30CCh. 15 - Prob. 15.31C
Knowledge Booster
Similar questions
- I participated in a team tasked with developing and implementing a new customer service training program. The team included five members: myself, two training specialists, an HR representative, and a team leader. Our work environment was a mix of virtual and collocated, with weekly in-person meetings and frequent virtual check-ins. Reflecting on our process, it's evident that parts of “Tuckman's model”(Forming, Storming, Norming, Performing, and Adjourning) were present in the development and completion of the project.arrow_forwardProvince/Territory Ontario Quebec British Columbia Alberta Saskatchewan Manitoba Nova Scotia Newfoundland and Labrador Number of Firms 2017 2019 2020 58 54 70 16 19 20 16 17 13 5 6 3 2 1 1 2 2 1 1 1 1 0 0 1 What makes these companies leaders is that they grew rapidly. It does not matter whether they are high-tech or old-economy companies, manufacturing or service companies, they all are exceptional. A remarkable assortment of products and services are offered by these companies. Examples include trucking, car parts, exterior painting services, steeped tea, gaming, sustainable office furniture, business performance consultants, and construction management. Dana 12arrow_forwardelijah wants to start a carpet cleaning business. to do so, he needs to purchase a carpet cleaner and advertise. he estimates the cleaner will cost $400 and advertising will cost $1,600 initially. the cleaning solution is fairly cheap, costing only $5 per room cleaned. he also thinks he will have $3 in gas on average for each client. if he charges $40 per room cleaned and cleans an average of 2 rooms per house, how many houses will he have to clean before breaking even? if taxes are 25% of profits, how many rooms will he have to clean before making $5,000 profit? answer the question by making a cvp worksheet similar to the depreciation sheets. make sure it works well, uses cell references and functions/formulas when appropriate, and looks nice.arrow_forward
- What insights can you gain from working in a laundry business while maintaining a balance in your personal life? What about the joy of doing your work?arrow_forwardHow can you improve your lost and found system in laundry business? Like if there's a customer who has a missing garments and another customer found it accidentally in their clothes?arrow_forwardthe government is about to build a coop housing project in an open land where rich elites are living,suggest some survey questions for the rich elites on citing the coop housing project in their neigbourhood.arrow_forward
- suggest a A PITCH TO CONVINCE CAPE BRETON UNIVERSITY USING THEIR MISSIO STATEMENT ,VISION STATEMENT AND VALUES TO TELL THE SCHOOL WHY THEY SHOULD SUPPORT THE COOP HOUSING PROJECT INITIATIVE WITH RESOURCES OTHER THAN FINANCE.arrow_forwardDRAW UP A PITCH TO CONVINCE CAPE BRETON UNIVERSITY USING THEIR MISSIO STATEMENT ,VISION STATEMENT AND VALUES TO TELL THE SCHOOL WHY THEY SHOULD SUPPORT THE COOP HOUSING PROJECT INITIATIVE WITH RESOURCES OTHER THAN FINANCE.arrow_forwardPlease original work (Please dont add any AI sentences) Background information: LEGO was founded in 1932. The word LEGO is from the Danish words LEg GOdt (play well). Later, it was realized that in Latin the word means “I put together”. The firm initially made wooden toys as well as other wood products stepladders, ironing boards, stools, etc. In 1947, the LEGO Group bought a plastic injection-molding machine for toy production and in 1949 the first LEGO Automatic Binding Brick with four and eight studs appeared. LEGO flourished for many years with its innovative toys. However, in 2004, innovation almost bankrupted the Danish toymaker. LEGO had become concerned about low-cost copies of its plastic building products so it sought to diversify into different activities including: theme parks, Clikits craft sets, action figures (Galidor), and a television show among other efforts. All of these were unprofitable and were eventually discontinued. Today, LEGO is growing in an overall…arrow_forward
- Please original work Talk about your current organization’s greatest needs for creating a balanced scorecard for management consulting firm, and steps you would take to design the balance scorecard. Please cite in text references and add weblinks.arrow_forwardPlease original work How do you think organizations can effectively balance short-term resource constraints with the need for long-term investments in areas like technology and employee development, especially when both are critical to achieving strategic goals? Please cite in text references and add weblinksarrow_forwardImportanc of the process Tuckman's model”(Forming, Storming, Norming, Performing, and Adjourning)arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Foundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
Foundations of Business - Standalone book (MindTa...MarketingISBN:9781285193946Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Foundations of Business - Standalone book (MindTa...
Marketing
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning