HULAHAKA

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Wherever you make your career whether in accounting, marketing, management, finance, government, or elsewhere your behavior and actions will affect other people and organizations. The standards of conduct by which one’s actions
Understand why ethics are judged as right or wrong, honest or dishonest, fair or not fair, are ethics. Is a fundamental Imagine trying to carry on a business, perform an audit, or invest money if you business concept. Could not depend on the individuals you deal with to be honest. If managers,
customers, investors, co-workers, sand creditors all consistently lied, effective communication and economic activity would be impossible. Information would have no credibility.
Fortunately most individuals in business are ethical. Their actions are both legal and responsible, and they consider the organization’s interests in their decision making. However, in some situations public officials, business executives, and respected Continue reading »

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Many individuals mistakenly consider bookkeeping and accounting to be one and the same. This confusion is understandable because the accounting process includes the bookkeeping function. However, accounting also includes much more. Bookkeeping usually involves only the recording of economic events and is therefore just one part of the accounting process. In total, accounting involves the entire process of identification, recording, and communication.

The bookkeeping function is often performed by individuals with limited skills in accounting. As a result, it is not surprising that the increased use of computers by business enterprises has resulted in much of the detailed work that is part of the bookkeeping process being performed by machines. Continue reading »

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