Thursday, February 13, 2020

American Institute of Certified Public Accountants Essay

American Institute of Certified Public Accountants - Essay Example All members of AICPA have to respect and follow the Code of Professional Conduct that provides rules and guidance for the execution of professional duties. Additionally, every three years, individuals have to go through one hundred and twenty hours of professional education. Every year, all records regarding this program must be kept and produced on request from the organization. Those exempted from the program are the unemployed, retired or individuals who may have left work temporarily. Membership to the organization has various benefits. These include; platforms for accountants to the network such as volunteer groups, conferences and task forces and the improvement of professional and personal skills through the education program. Also, members are updated regularly on new key developments, hot issues, emerging trends and new regulations regarding the accounting profession. This is done through news articles and publications such as the Journal of Accountancy offered by the organi zation’s website. The Institute also offers discounts services to members on everyday personal and professional needs such as office supplies, shipping, and travel. Conferences available on the site include the 2015 Auto Dealership Conference and Global Manufacturing Conference both slated for the month of September.The organization has taken initiatives aimed at promoting diversity and inclusion in the workplace and in the profession owing to the multi-racial and ethnic backgrounds of professionals.

Saturday, February 1, 2020

Law of International Trade Essay Example | Topics and Well Written Essays - 2500 words

Law of International Trade - Essay Example Denny knows nothing of the prior sale to Benny. The three contracts existing in this case are, first one is between Sammy with the carrier that who carry the 1000 tons of sugar, second is among Sammy and Benny and third contract is between Sammy and Denny. The contract becomes valid only if it fulfills the entire legal requirement. It will come under the Sales of Goods Act 1979. â€Å"A bill of lading is a type of document that is used to acknowledge the receipt of a shipment of goods. A transportation company or carrier issues this document to a shipper.† (What is a bill of landing? 2010). Bill of trading offers safety to each and every party in the global trade. In these particular case three Bills of lading is offered to Sammy. And also Denny is enabled to ask for all these three Bill of lading from Sammy at the time of receiving 1000 tons of sugar. If Sammy is not giving all these three Bills of lading to the Denny he can neither refuse to carry on with the contract or he can claim financial compensation for the fraudulent contract. Denny has to admit the two of the three Bills from the Sammy or else, Denny has the right to refuse the bills for the reason that Sammy takes action in bad faith. He should bind with various responsibilities that he must obey. Primarily, he should provide a shipped moveable fresh Bill of Lading to the purchaser. Secondly, Sammy has to offer an agreement of Marine Insurance for the commodities which is constantly concerned by insurer. Thirdly, Sammy must offer a profitable invoice to the purchaser. Denny had to admit the Bills and recompense for the 1000 tone of sugar if Sammy accomplish his responsibilities by tendering fresh Bill of Lading, assurance plan, and profitable invoice. In this case, there is agreement among Sammy and shipping so that the carrier must be followed by certain responsibilities under the Hague