Wednesday, April 7, 2010

Annotated Bibliography

Brice Boyd
Annotated Bibliography

“Finance, Accounting Salaries Rise In Tight Pool”. Journal of Business 24 Jan. 2008: Research Library Core, ProQuest. Web. 5 Apr. 2010.
This source goes over accounting professionals salaries. It starts off saying that accounting professionals are expecting a 4.3% increase in salary. In the article these professions are the ones to see the largest gain of them all financial analysts, public accountants, and internal auditors. The larger companies and budget are to see the biggest rise in base pay and starting salaries. Between $38,250 and $47,500 is the annually pay. Audit managers at large companies receive around 81,500 and 109,500 annually. Starting salaries for senior managers and directors at midsize firms are to between $88,250 and $129,250. At small firms professionals at this stage can expect a 7.7 percent increase in average starting salaries, to a range of $44,750 to $53,250.


Bentz, Victoria, Personal Interview, 5 Apr, 2010

This interview for my research is good because I got answers from an accounting teacher who knows a lot about accounting. I ask her questions that I think that were good questions to go into my paper. I asked her if she thought there were any issues with accounting and she said “The field of accounting continues to expand with the different specializations such as tax, estate planning, auditing, etc. Keeping up with the laws and generally accepted accounting principles is a challenge. It can also be a challenge keeping up with technology upgrades”. Which I agree with because we have so many different kinds of accounting and it is hard to keep up with them all. Because they are all different. Some are harder then others and some are easier then others.



Norris, Floyd. "S.E.C. Restricts Short-Selling and Addresses a Global Accounting Shift ." http://www.nytimes.com/2010/02/25/business/25audit.html. 25, Feb 2010. New York Times. 7 Apr 2010
The article i picked is from the New York Times and is called "SEC Restricts Short Selling and Addresses a Global Accounting Shift" by Norris Floyd. In this article it talks about the commission hopes to approve the switch of American companies to international accounting standards by 2011. This article will help because it talks about a current issue that is going on in the world today. It also helps because it tells me who is involved and who wants the switch to happen and who doesn’t want it to happen. It also talks about the new short sales rules on any new stock. It gives me statistics on recent year’s numbers and tells me if they have gone down or up since then. It talks about the international accounting standards. Also it talks on how the Europe commissions allowed banks in Europe to opt out one of the accounting standards. This article gives me quotes of people who either like this change or not and hear how they feel about this accounting issue.

Tribe, Cassandra. "Comparing GAAP Accounting vs. Tax Accounting." (2010): n. page. Web. 7 Apr 2010. .
I pick this source because it compares to kinds of accounting for me and I get to see the differences in them. The differences in tax accounting and GAAP (General Accepted Accounting Principles) Accounting. It gives the identification, features, benefits, considerations, and expert insight of how these two accounting jobs are different. In my paper I can explain where the significant in each one and the insignificance in each one. Then compare the two in those categories. It gives me some nick names on each accounting job or what they call them. Some of these accounting make unsuitable choices. I really think this will help me explain how there are to many kinds of accounting jobs and its hard to keep up with all of them.

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