ACCOUNTING NOTES FOR MY PERSONAL USE 4/12/2013 ELISHA VERIWA | Introduction to Accounting Accountancy is the process of communicating financial information about a business entity to users (stakeholders) such as shareholders and managers (Elliot‚ Barry & Elliot‚ Jamie: Financial accounting and reporting). Accounting has been defined as: * the art of recording‚ classifying‚ and summarizing in a significant manner and in terms of money‚ transactions and events which are‚ in part at least
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THE HISTORY OF PAUL REVERE Paul Revere was born in the North End of Boston on December 21‚ 1734. His father‚ a French Huguenot was name Apollo Revere‚ came to Boston at the age of 13 and was apprenticed to the silversmith John Coney. By the time the married Deborah Hitch born‚ a member of a long-standing Boston family that owned a small shipping wharf‚ in 1729‚ Revere had anglicized his name to Paul Revere. Their son‚ Paul Revere‚ was the third of 12 children and eventually the eldest surviving
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Q1 - Internal Controls (lecture 3): 15 Marks. ------------------------------------------------- He said he will ask either a petty cash question or a bank reconciliation one but not both. The question will also probably test us on e-controls or cash control for cash receipts and cash payments. What is internal control? It is the organisational plan and all the related measures that an entity adopts to: * safeguard assets * encourage adherence to company policies * promote operational
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“Few prime ministers have provoked such strong public reactions as Paul Keating”. David Day. Keating’s left-wing political beliefs stemmed from his pro-Labor‚ Catholic‚ working-class family background. Having left school at 15 after completing his Leaving Certificate‚ Keating went to work‚ studied electrical engineering at night‚ and joined his father in supporting the Labor party. Through his political interests‚ Keating met former controversial state Labor party leader‚ Jack Lang who took
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Case 09-8 Classified Information Lads and Lassies (L&L)‚ an SEC registrant‚ has its year end on the Saturday closest to January 31. Fiscal 2012‚ 2011‚ and 2010‚ which include 52 weeks each‚ ended on January 28‚ 2012‚ January 29‚ 2011‚ and January 30‚ 2010‚ respectively. L&L manufactures and sells exclusive children’s clothing to the most discerning clientele. Its products offer high quality and modern style‚ including everything from a colorful collection of cashmere sweaters to perfect vintage
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Case#8 Countrywide Financial: The Subprime Meltdown Questions: 1. Are subprime loans an unethical financial instrument‚ or are they ethical but misused in a way that created ethical issues? The Countrywide Financial case showed subprime loans easily contribute to unethical behavior. I think the idea of the loan isn’t unethical in itself‚ but the way it was packaged. If you take away the fraudulent behavior‚ the idea of a subprime mortgage isn’t too corrupt. Subprime borrowers generally have bad
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technologies implemented in the market Advanced technology grinding down the quality-based competitive advantage. High competition from large national chains and small stand-alones Price pressures and loss of high margins‚ i.e. rent Management Accounting The Original Allocation: The company faced inaccuracy issues in identifying customer profitability‚ using of the Activity Based Costing (ABC) Calculating “rent” of Assembly Sq. ft.: We took the total amount of rent and divided it by the
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emotions accompanying the loss of a loved one. He captures depressing emotions by using connotations of ‘Widower’ and ‘Country’ in the title. By using these connotations Murray associates the loneliness of being a widower and the seclusion of the country to enhance the sorrow of losing a loved one. Another example where Murray portrays the loneliness of this particular widower is shown in his sense of
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Lab 8 answer key Exploring group policy administration This lab contains the following exercises: Exercise 8.1 Configuring the Local Computer Policy Exercise 8.2 Configuring Processing Order Exercise 8.3 Configuring Priority Order Exercise 8.4 Using Block Policy Inheritance and Enforce Exercise 8.5 Cleanup for Exercise 8.6 Exercise 8.6 Configuring Account Policies Post-Lab Cleanup Estimated lab time: 130 minutes Exercise 8.1 Configuring the Local Computer Policy Overview
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Department of Accounting Detailed Syllabus of Third Year Four-Year B.B.A. (Honours) Course Effective from the Session: 2009–2010 National University Syllabus for 4 years BBA Honours Course Subject : Accounting Third Year (Honours) Third Year: 32 Credit Hours Course Code COURSE TITLE Marks Credit Hours Audit and Assurance 100 4 Advanced Accounting-I 100 4 Cost Accounting 100 4 Management Accounting (in English)
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