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Instructions

Part OneThere are two (2) kinds of people that may perform services for a company. The employee and a contractor. For example, Uber, the ride sharing company. Uber was formed with the idea to consider the drivers as contractors, not employees. After learning the distinction between employee / contractor from this week's class. What do you think drivers should be classified if you were the CEO of Uber? Please give specific examples of why you think these workers should be either a contractor or employee.Part Two As we start our journey into the accounting world, there are two groups of professionals that seem to have the same function, but are very different; the accountants and bookkeepers. Please research and post here the main differences between accountants and bookkeepers. What are these differences?

Answer

Introduction While a company can compensate both a contractor and an employee for similar comparable work, the two titles are legally different and have different laws regarding them. This paper examines the differences between employees and contractors as in the case of Uber driver and the difference between book keeping and accounting.Part 1I think that Uber driver should be classified as employees and not contractors. This is because they work in the business and a part of the business. Uber drivers are essentially not running their own business. They therefore cannot be classified as contractors. The classification of taxi drivers has caused heated debates in the past few years. According to Lisa et al., (2021) A trial court judge in California however resolved the matter in 2020. As p...
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