TREASURY BILLS Treasury bills are instrument of short-term borrowing by the Government of India‚ issued as promissory notes under discount. The interest received on them is the discount which is the difference between the price at which they are issued and their redemption value. They have assured yield and negligible risk of default. Under one classification‚ treasury bills are categorised as ad hoc‚ tap and auction bills and under another classification it is classified on the maturity period
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importance of managerial accounting in the workplace By: Michelle Moran | Posted: Jun 23‚ 2010 Managerial accounting is concerned with the use of economic and financial information to plan and control many activities of an entity and to support the management decision course. Management accountants play important roles more specifically in planning & coordination with production‚ marketing and financial functions. A subset of the managerial accounting profession is cost accounting which relates to
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Environmental management accounting is a new technique to identify environmental cost flows of a company. Environmental Management Accounting (EMA) also can defined as the identification‚ collection‚ estimation‚ analysis‚ internal reporting and use of material and energy flow information‚ environmental cost information and other cost information for both conventional and environmental decision-making within an organization (Tellus Institutes). EMA simply defines as management accounting with a focus
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Eighth Edition Fundamental Financial Accounting Concepts Thomas P. Edmonds University of Alabama–Birmingham Frances M. McNair Mississippi State University Philip R. Olds Virginia Commonwealth University Edward E. Milam Mississippi State University (Contributing Author) FUNDAMENTAL FINANCIAL ACCOUNTING CONCEPTS Published by McGraw-Hill/Irwin‚ a business unit of The McGraw-Hill Companies‚ Inc.‚ 1221 Avenue of the Americas‚ New York‚ NY‚ 10020. Copyright © 2013‚ 2011‚ 2008‚ 2006
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SALE OF GOODS ACT 1908‚ ‘ROMALPA’ CLAUSES‚ PASSING OF PROPERTY CONSUMER GUARANTEES ACT 1993 1. (a) Why is it important in a Sale of Goods (SOG) contract to be precise about the time at which property passes? (Clue: what passes with property?) * When the property pass‚ the risk of the property pass to buyer too. Under the S 22 of SOG Act‚ Unless otherwise agreed‚ the goods remain at the seller’s risk until the property therein is transferred to the buyer; but when the property therein
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this journal is available at www.emeraldinsight.com/0951-3574.htm AAAJ 21‚2 Strategic management accounting: how far have we come in 25 years? Kim Langfield-Smith Monash University‚ Melbourne‚ Australia Abstract Purpose – The purpose of this paper is to provide a review of the origins of strategic management accounting and to assess the extent of adoption and “success” of strategic management accounting (SMA). Design/methodology/approach – Empirical papers which have directly researched SMA
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Introduction Financial accounting is branch of accountancy that deals with the financial statements which helps in informing public as well other concerned people who are not involved in day to day working of a company‚ about its current financial performance. Different stages involved in financial accounting are governed by certain standards set by organisations such as The International Accounting Standards Board (IASB) and Financial Accounting Standards Board (FASB). The standards made by IASB
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Student ID: 7608756 FACC Assignment FACC/Jul11/1 Ryan Marc Gonsalves Ryan Marc Gonsalves MBSW 60127 FINANCIAL ACCOUNTING FACC/JULY11/1 Student ID: 7608756 Table of Contents Table of Tables .................................................................................................................... 3 Table of Figures ................................................................................................................... 3 Introduction and Purpose ................
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Coursework title: Evolution of Management Accounting discipline and its relationship with other functions in organizations The four standards of ethical conduct for management accountants as advanced by the institute of management accountants Competence Confidentiality Integrity Objectivity I NEED SOMEONE TO HELP WITH MY COURSEWORK BECAUSE I DONT UNDERSTAND IT AND I NEED HELP ASAP BECAUSE ITS DUE NEXT WEEK Evolution of Management Accounting discipline and its relationship
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company. Corporate sustainability reporting provide organisations a guideline to make changes and improvement in aspect to business efficiency‚ reputation risk management ‚ stakeholder management other social and economic part of the business by disclosing the status of the business in the eyes of society and its stakeholders. Reporting non financial Corporate activities provide a way to communicate and deal with social issues and help to protect a continuing good relationship with company’s stakeholders
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