Deck 15: Writing for Publication

Question 1

Choose an article from a recent edition of an accounting journal such as the Journal of Accountancy or The CPA Journal. Analyze the effectiveness of the writing using the "Tips for the Effective Writer" shown in Figure 1-2 in Chapter 1. Then summarize your evaluation in a short memo to your instructor. Alternatively, your instructor may ask you to prepare an oral presentation of your analysis. Whether you present your analysis in written or oral form, back up your findings with specific examples from the article you analyzed.

Answer 1

The memo is a way of communication which is mostly used within the organization for communication between different personnel of the organization. Memos are required to very brief and to the point.
Memo:
February 24, 2017
TO: EM
FROM: JS, CPA
SUBJECT: Additional security to curb evasion of tax and fraudulent tax returns.
The main aim of tax authority is to protect evasion of tax and fraud pertaining to return filed by the taxpayer. Thus, in order to ensure such practice, one additional security has been introduced by IRS (Internal revenue service) according to which the taxpayer is required to provide the driver license or state-issued identification at the time of filling its tax return. This additional security helps cure fraudulent return and tax evasion as every taxpayer is required to provide its identification. Currently, this additional security has been introduced in the states of NY, A and OH.
Thus, in the state of NY, the additional security introduced by IRS require the taxpayer to provide information associated with the driver license such as issuance date, expiration date, identity number so that the identity of the taxpayer can be authenticated at the time of filing the return.
Whereas, the tax department at OH requires the taxpayer to provide the details of a driver license or state issued identification of both the taxpayer and his spouse for filling the return jointly. On the other hand, the tax department of A requires the driver license details such as residence address, issuance date for verifying the taxpayer's identity.
The measure taken by the IRS to inculcate additional security helps protect the tax evasion, fraudulent tax return as a result of which the circulation of the illegitimate money can be cured and the interest of the society can be a safeguard.
In case of any further clarity pertaining to the additional security introduced by IRS for the protection of the fraudulent tax return and tax evasion do let me know.

Question 2

Obtain a recent issue of several professional business publications. For each of these publications, answer the following questions:
1. What type of writing do these publications publish? Possibilities include academic research, practical accounting applications for public or managerial accountants, articles of organizational or local interest, or articles addressed to some special-interest group.
2. Who writes the articles for these publications? They may be written by members of a sponsoring organization, professional writers, professors, or other accounting professionals.
3. Analyze the specific articles published. Are they all the same length, format, and style? Some publications may publish a variety of articles, such as short notes and longer essays and articles.
4. What are the standard editorial practices, such as article length and style of documentation?

Answer 2

Before writing an article one should know the publication one is interest in writing for. The various types of publications included in for general public are CA magazine, CPA Journal, the international journal of accounting (IJA), and (JOA) Journal of accounting.
1.Kinds of writing such publication publish are:
There are number of writings that can be published by any publication house. Writings may include:
1. Article related to accounting.
2. Article related to accounting.
3. Academic research
4. Article addressing local interest.
2.Individuals who may write article for publication are:
1. Accounting practitioners
2. Educators
3. Financial professions
3.Analysis of the articles that are published are:
1. Professional updates and news
It is a 300-900 words non-technical article which includes recent trends, new ideas recent happenings of the profession.
2. Reviews (books, profession, technology, Software)
The overview of what all is included in specific segment. Such writing can be short explaining the views and summary of book. It may include synopsis (Small introduction) or deep analysis theirs articles are from 750-1500 words.
3. Technical manuscripts
Article that is long to include 1000-3000 words that includes the details know through of the topic.
4.Standard editorial practices
Standard editorial practices are the editing practices that emphasis on the clarity of the text, and refining the language. Few editorial practices are as:
1. Improvement of the construction of the paragraph so that the meaning of text is clear and more accurate.
2. The transition between two sentences must be smooth.
3. Eliminate the wordiness like unnecessary phrase.
Thus, the aforementioned reflects the editorial practices.

Question 3

Identify a topic that has recently been in the financial news, such as a news item from The Wall Street Journal. Select one of the periodicals you identified in Exercise 15-1. Summarize the news item in a way that would be relevant to the readers of that periodical. Remember to document your sources properly and prepare your article according to the submission requirements for the targeted journal.

Answer 3

BG, IL to provide fund for one hundred million blood tests to examine cancer
IL, the giant in Gene sequencing has been setting up the new company, H for establishing a new test of blood to discover cancer.IL, at the conference organized by the J.P M on Tuesday, announced that it has expected the test to be in reach of the public by 2019 and affordable too because one test for cancer cost less than one thousand US dollars.
The partners in the venture are BG, JB, and AV that is going to contribute to the development of this venture. The headquarters of the newly floated Company G will be based in SF and majority of the control will be held by IL.
The aim of the test conducted by company G is to detect cancer in the early stages so as to treat it in an effective manner before it turns severe. A Series of startups, established in S valley and B are putting emphasis on introducing liquid biopsy in the market so as to make the treatment for cancer affordable for the public.
According to the CEO of IL Company, JF with the large scale funding made by the Top shot of the country, the development of the cancer screening test has become affordable for the general public.
Such great sentiments in the market from the general public will result in huge momentum underlying the stocks held by the company of BG and the shares of the company will end up with the Green mark with the publication of this news.
Source:
This article stands to be the publication made by money CNN. This platform provides an article on auditing, leadership, responsibilities, finance management, taxation and accounting. http://money.cnn.com/2016/01/11/technology/grail-cancer-gates-bezos/

Question 4

Identify a tax article that has appeared in the Journal of Taxation. Summarize the article in a style that would be appropriate for the readers of The Wall Street Journal. Remember to document your sources properly and prepare your article according to the submission requirements for The Wall Street Journal.

Question 5

Identify a recent FASB Accounting Standards Update (ASU). Summarize the Statement in a style that would be appropriate for the readers of The Wall Street Journal. Remember to document your sources properly and prepare your article according to the submission requirements for The Wall Street Journal.

Question 6

Identify a recent FASB Accounting Standards Update (ASU). Summarize the Statement in a style that would be appropriate for the readers of the U.S. edition of The Economist. Remember to document your sources properly and prepare your article according to the submission requirements for The Economist.

Question 7

Prepare an article for Bloomberg Businessweek on the role of auditing in helping to protect investors. In your article, explain how an audit is undertaken, the reliance on internal controls put in place by management, and the responsibility of management for the financial statements.
Remember to document your sources properly and prepare your article according to the submission requirements for Bloomberg Businessweek