Professional Documents
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Infspeech
Infspeech
According to the Dictionary of Accounting Terms, Accounting is defined as a one step process of
recording, measuring, interpreting and communicating financial data by preparing financial statements
in order to reflect financial condition and operating performance whereas Double-entry bookkeeping is
the record of transactions that require entries in at least two accounts.
If your friend has ever operated a business and you saw him placing
figures in ledgers, then you saw him doing bookkeeping. If you have
worked at a service station or supermarket and have seen books with
large sheets lined in green and red lying on the manager's table or
desk, you saw books of accounting.
Dusti Goertz
COMS 101
Date Due:9/30/2013
Introduction:
I. Attention-getter
A farmer sends his accounting sheepdog, Spot, off to
gather in his 8 sheep.On returning the farmer is
astonished to find he now has 10 animals in his pen and
asks the dog to explain. "Woof! You asked me to round
them up, woof", barks Spot. (The Alternative Accountant,
2013) II. Motive for Listening
Body:
I. Main Point #1. The accounting profession has gained a
bad reputation in several different areas. A. Most of the
adjectives which are used to describe, or mock,
accountants are negative, and insinuate that accounting
is a boring profession. Some of these less than flattering
titles include number cruncher, beancounter, King or
Queen of the Calculator, Double-entry Deviants, and
Penny Processors. B. Contrary to that concept, the
accounting industry is growing. a. According to the
Seattle Times, individuals are flocking to the accounting
profession in considerable numbers. 1. There were more
than 64,000 graduates with bachelor's and master's
degrees in accounting in 2006-07, the largest number of
graduates which has ever been recorded by the
American Instatute of Certified Public Accountants. 2.
This figure is 19% greater than the previously recorded
survey numbers, which covered the 2003-04 school year.
3. The number of future accountants is also blossoming,
more than 203,000 students enrolled in college-level
accounting, which is a 19% increase since 2004. b. What
do actual student have to say?
1. According to a Seattle Times article, “Accounting is
the language of business. A lot of people think it's just
numbers, but it's really a lot more than that. There are a
lot of areas outside of numbers that need to be looked
at, processes and procedures, what the tone of the
company is.” (Burger, 2008) 2. Another student said, “I
always liked math. I always liked taking the...