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Topic discription:
This report will discuss a current development within the accounting profession or a current development which will significantly affect the accounting profession. This report must be original.
The topic is:
Why the US is outsource accounting to India and effects it will have on the profession (i.e. the new accountant’s/CPA’s entering the workforce), and ecomic effects it will have.
Sources:
As many needed. Learning about current developments include but are not limited to: Wall Street Journal, Journal of Accountancy, Forbes, Fortune, Business Week, and Crain’s Chicago Business.
The report is 6 pages plus a work cited.
The Current Development Report must contain the following three sections:
1. Provide a brief but thorough description of the topic (1/2 page)
2. Discuss the significant aspects of the current development (4 pages). Explain the positive and negative aspects of the development as well as a general timetable for the implementation of the development.
3. Discuss the specific impact of the current development, if any, on a public accounting employer. If not specifically applicable to the employer, state this and then discuss its applicability to business, generally, and to specific types of firms. (1 to 2 pages).
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