An INTERNSHIP REPORT ON FINANCIAL ANALYSIS OF ACC LIMITED AND STUDY OF CEMENT MARKET THROUGH DEALERS OF ACC Submitted in partial fulfilment of the requirement for the award of degree of Bachelor of Business Administration (BBA) (2009-2012) CUNDUCTED AT BUILD WITH CONFIDENCE Submitted to Submitted By:- Acc limited
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Contractual and Non-contractual Liability I. Contract A contract is an agreement having a lawful object entered into voluntarily by two or more parties‚ each of whom intends to create one or more legal obligations between them. The elements of a contract are "offer" and "acceptance" by "competent persons" having legal capacity who exchange "consideration" to create "mutuality of obligation." Contracts may be bilateral or unilateral. A bilateral contract is an agreement in which each of the
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1. Importance of Donoghue v Stevenson Case The case established 3 things The case established negligence as a wrongful act for which there was a legal liability. The notion of duty of care was formed which if infringed would result in damage. The neighbour principle was established by Lord Akins namely that your neighbour is anyone who may be affected by your acts or omissions. Main points of Case (The details of this were) Mrs Donoghue drank some ginger beer in which she found the remains
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Strict Liability for Defective Products - Part X of the CPA 1999 Section 68(1) provides that where any damage is caused wholly or partly by a defect product‚ the following persons shall be liable for the damage. The plaintiff only has to prove damage or defect in the product. Part X of CPA does not cover every product. Section 66 provides types of product such as goods and component parts and raw materials. Section 3 provides definition of goods. Only the goods which are purchased for private and
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FRS 19 Deferred Taxation Summary Full provision for deferred taxation now required Accelerated capital allowances Pension costs Unrealised group profits Interest costs capatilised Unrelieved tax losses Other short term timing differences Not for: ` Re-valued fixed assets Rollover relief availed of Remittance of overseas sub. Recognise DT asset if it is more likely than not to be recovered Where assets continually re-valued to fair value: provide DT Permits discounting Use tax rates enacted or
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Credit card : Asset or Liability Credit card actually replaces the hard money in market. Before the coming of plastic money‚ every one relies on their present income. If possible in present salary then only purchases go on‚ otherwise get shifted to next month. This problem now has been solved with the plastic money. Make payments in the next month but u can purchase now. Any one can judge this plastic money is an asset or liability for a person. Let assume its an asset. How? Right now it makes
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SYLLABUS ACC/491 Contemporary Auditing I Copyright ©2014 by University of Phoenix. All rights reserved. Course Description This course is the first in a two-part series that deals with auditing a company ’s financial reports‚ internal controls‚ and Electronic Data Processing (EDP) systems. Topics include auditing standards‚ evidence‚ audit planning and documentation‚ materiality and risk‚ internal control‚ statistical tools‚ and the overall audit plan and program. Course Dates Nov 11‚ 2014 - Dec
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5 Asset and Liability Management (ALM) 29. There are different organizational and governance models that guide the management of bank asset and liability activities. The models reflect fundamentally different risk philosophies that tend to evolve with the growing sophistication and depth of financial markets together with the position and activities undertaken by a bank in the market. The terms ‘ALM unit’ and ‘treasury unit’‚ can be confusing as they are often used by organizations who assign
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This document of ACC 490 Final Exam shows the solutions to the following problems: 1. Within the generally accepted auditing standards‚ the general standards relate primarily to 2. The essence of the due care? standards is that the auditor should not be quilty of 3) Gross negligence can best be defined as 4) Section 18 liability is relatively narrow in scope because it relates only to a false or misleading statement in documents "filed" with the 5) For a particular assertion
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* Jonda Brantley * 11/09/2012 * ACC 220 Wk 2 Financial Statement * * A balance sheet is summary of a company’s financial condition at a specific point in time‚ including assets‚ liabilities and net worth. It allows the company to know what they have been paying for or what they owe out to people. An income statement is a report that tracks a company’s revenues‚ gross profits‚ operating income‚ and net worth. All businesses need to have revenue in order to establish a good foundation
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