The accounting firm Accounting ABC inc. was created in 2010. It is made up of 46 accountants,
Question:
The accounting firm Accounting ABC inc. was created in 2010. It is made up of 46 accountants, 30 of whom practice in the city of Montreal and 16 in the city of Gatineau.
Maria and Eric were both hired at the same time in March 2021 as a tax accountant by Accounting ABC inc. to practice in their office in the city of Gatineau. They have to date two years of continuous service in this accounting firm. They do the same job. However, Maria's performance review over the past two years leaves something to be desired. The latter did not at all meet the objectives set jointly by her and her supervisor. As for Eric, his exceptional performance evaluation allowed him to obtain a promotion last year in April 2022, an increase of $7,000 more on his salary.
Although Eric obtained a salary increase of $7,000, at that time, he considered that this amount was very little compared to other accounting firms of the same caliber in the city of Gatineau. Eric considers that his salary increase at the time should have been $10,500 instead.
Moreover, since his salary increase in April 2022, his responsibilities have increased at Accounting ABC inc. Not only does Eric continue to practice his profession as a tax accountant, but he is also part of the business development team (now three people). His new role is to develop strategies to boost the performance and profitability of the firm, such as the implementation of appropriate strategies, the analysis of the components of the business model, etc.
The former HR director did not have uniform methods, rules and tools to determine the salary of people in the same category.
You arrive as the new HR manager. You make an investigation and as of March 20, 2023, you obtain the following data from the office of the city of Gatineau. These data are the same since March 20, 2021.
Types of Chartered Professional Accountants (CPA) Positions | workforce (number of people | ||
women | men | total | |
Auditor accountants | 0 | 5 | 5 |
Accountants in forensic accounting | 0 | 1 | 1 |
Tax accountants | 4 | 1 | 5 |
Accountants + Business Development | 1 | 2 | 3 |
Manager of Accountants | 0 | 2 | 2 |
total | 5 | 11 | 16 |
Your investigation also reveals the following:
In the accounting industry, the position of accountant-auditor is commonly associated with
women.
A historical research in the company leads you to determine that the position of accountant-tax specialist was occupied only by men from February 2010 to February 2021
Questions
Q1 - Name three types of equity referred to in the text and explain why
Q2 - indicate whether the professions of accountants-auditors and tax accountants are predominantly male or predominantly female. Explain why
Q3 - Name three sources of official information that Eric can use to justify a salary increase to $12,000 and indicate their relevance?
Q4 - As for the determination of salaries within the organization, indicate how the director can make this step fairer and name two supporting examples
Accounting Information Systems
ISBN: 9780132871938
11th Edition
Authors: George H. Bodnar, William S. Hopwood