NATIONAL OPEN UNIVERSITY OF NIGERIA SCHOOL OF MANAGEMENT SCIENCES COURSE CODE: ENT432 COURSE TITLE: INTERNATIONAL ACCOUNTING SYSTEM ENT432 INTERNATIONAL ACCOUNTING SYSTEM Course Developer/Writer A. I. Ehiagwina School of Management Sciences National Open University of Nigeria Lagos. Course Editor Dr. I. D. Idrisu School of Management Sciences National Open University of Nigeria Lagos Course Coordinator Mrs C. Aturu-Aghedo School of Management Sciences National Open University
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1. Introduction Thirty years ago‚ most financial accounting was done manually‚ leading to a great deal of paperwork. Currently‚ most accounting information is recorded via computers and wide area networks (Journal of Accountancy‚ 1994a). Technology has certainly changed the face of accounting over the years. While it is unclear whether technology’s impact on accounting has been positive or negative‚ it is clear that technology has drastically changed the accounting profession. Often a technological
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Module 1 - SLP Business Ethics and Deontology Background In the Module 1 SLP‚ you will be given requirements for structuring the papers you will write throughout your degree program. In this module‚ we will discuss the required format and and writing requirements of all future papers (Case and SLP). Required Reading To begin‚ please review pages 1-11 of the Trident University International Student Guide to Writing a High-Quality Academic Paper. Then read page 16 of the Student Guide to Writing a
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1. An Accounting Information System (AIS) * collects and processes transaction data and disseminates the information to interested parties. * Helps management answer such questions as: * How much and what kind of debt is outstanding? * Were sales higher this period than last? * What assets do we have? * What were our cash inflows and outflows? * Did we make a profit last period? Basic Terminology (see Textbook for definitions) * Event * Transaction * Account
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Solution Based On Utilitarianism Ethical Model (Assignment # 1) Prepared by : Efren A. Course-Section : GNED212-091 Instructor : Mr. Paul B. Class : Friday Afternoons Part 1: Utilitarianism Ethical Model Many people from all walks of life have trouble making decisions in their everyday lives‚ especially on tough or critical situations that may even involve life and death considerations. To address this issue‚ there are four ethical models and four ethical principles developed
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& Implications of IFRS adoption on Financial Statement and Accounting Quality Q2) Principle and rule-based accounting reflect different approaches to accounting. The pros and cons of rule-based accounting (RBA) and principle-based accounting (PBA) are as discussed. (1) RBA deters creative accounting as rules reduce opportunistic discretion unlike PBA which is more subjective and ambiguous.On the other hand‚ others argue that rules are a means to circumvent the objectives of a standard and more
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Concept of Accounting ✓ Definition of Accounting ✓ Development of Accounting Standard ✓ Purpose of Accounting ✓ Nature and Characteristics of Accounting ✓ Accounting as a Language of Business ✓ Distinction between Accounting and Bookkeeping ✓ Financial Accounting Vs Management Accounting ✓ Accounting Practice in Bangladesh ✓ Accounting Profession in Accounting Field ✓ Accounting Ethics ✓ History of Accounting
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Utilitarianism: “Actions are right in the proportion as they tend to promote happiness‚ wrong as they tend to produce the reverse of happiness.” John Stuart Mill utilitarianism‚ 1863 Utilitarians founder Jeremy Bentham has a famous formulation that is know as the “greatest-happiness principle”. The definition of this is “the ethical principle that an action is right in so far as it promotes the greatest happiness of the greatest number of those affected”. Central Beliefs: There are seven
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Chapter 1--Introduction to Accounting Information SystemsChapter 1--Introduction to Accounting Information Systems Student: ___________________________________________________________________________ 1. The three themes of the text are operating systems‚ e-business‚ and internal control. True False 2. In an assurance service the accountant will provide the original information used for decision making. True False 3. Information systems reliability and electronic commerce have
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different ethical theories that ethicists use to make decisions. If an alien civilization were to come to Earth and offer a cure for all human diseases‚ but would only do it if they were allowed to choose 10‚000 involuntary human subjects for experiments that were most likely harmful‚ different theories would offer different explanations of why they think this situation is morally right or wrong. Two important theories that ethicists could use to help them make this decision are Ethical Relativism
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