MBA 607 – Financial Accounting The Nature and Purpose of Accounting Accounting Purpose and Process 1 MBA 607 – Financial Accounting The Nature and Purpose of Accounting 1. The Need for Accounting Information 2. The Accounting Profession 3. Financial Statements Accounting Purpose and Process 2 MBA 607 – Financial Accounting 1. The need for Accounting Information A. Framework Stakeholders (creditors‚ shareholders‚ regulators) in an entity require quantitative information on the financial
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Enhancing Your MBA’s reputation The Role of Rankings Why Rank the MBA? RMIT University’s MBA was established in 1974‚ which makes it one of the longest running MBA programs in Australia. For many years very few Universities offered MBAs and it was relatively easy to discern quality‚ content and value issues. However‚ today’s MBA market has changed dramatically – it is crowded and highly competitive. Ranking MBA programs has been commonplace internationally for many years‚ and that trend
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The MBA Decision Question 1 : I believe age is an important factor for Ben to decide whether or not to get an MBA. There are certain points specific to age that can be taken into consideration here: 1. Younger employees have more chances of growth (promotions) as they still have more years they can work before they reach the retirement age. 2. Younger employees usually have a better chance to get more raise throughout their career (because of more number of work years) as compared
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Why Pursue an MBA? MGT 521 July 12‚ 2010 Samuel L. Cunningham Why Pursue an MBA “MBA is first choice of students after completing their graduation. It is popular not only in fresh graduates‚ but students from other disciplines like engineering or MCA after completing their main stream.” (Kapoor‚ K‚ 2009‚ Five Reasons Why You Should Pursue an MBA‚ para. 1). MBAs increase business knowledge‚ promote leadership skills and confidence‚ and put the person in a position for higher salaries and
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Master of Business Administration (International Business) Programme Code: MIB Duration – 2 Years Full Time Programme Structure and Curriculum & Scheme of Examination 2011 AMITY UNIVERISTY UTTAR PRADESH GAUTAM BUDDHA NAGAR PREAMBLE Amity University aims to achieve academic excellence by providing multi-faceted education to students and encourage them to reach the pinnacle of success. The University has designed a system that would provide rigorous academic programme with
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Master of Business Administration- MBA Semester 1 MB0041 – Financial and Management Accounting Q1. Accounting is one of the oldest‚ structured management information system. Give the meaning of accounting and book keeping? Explain the objectives of accounting? ANS. Meaning of Accounting- The systematic and comprehensive recording of financial transactions pertaining to a business. Accounting also refers to the process of summarizing‚ analyzing and reporting these transactions. The financial statements
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Summary of “The Ten-Day MBA” By Li Zhang (Madison) The Ten-Day MBA was written by Steven Silbiger who went to MBA and wanted to share the American Top Ten MBA education’s core knowledge with other people. This book mainly contains the essentials of 9 different areas in business and implies the usefulness of MBA for individuals and businesses. The author explained the 9 core disciplines sequential in the book; start with Marketing and end with
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HISTORY OF ACCOUNTING LEARNING OUTCOMES Understand the history of accounting dating from prehistoric times to written record keeping. Identify the seven preconditions for the emergence of systematic book keeping. Know Luca Pacioll contributions in introducing double entry book keeping. Accounting is a tool‚ invented by humankind‚ to fulfill needs of society. Unlike the explorers of the past who discovered new lands‚ accounting cannot in any true sense be said to have been discovered
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What is Corporate Finance? It�s all corporate finance. My unbiased view of the world Every decision made in a business has financial implications‚ and any decision that involves the use of money is a corporate financial decision. Defined broadly‚ everything that a business does fits under the rubric of corporate finance. It is‚ in fact‚ unfortunate that we even call the subject corporate finance‚ because it suggests to many observers a focus on how large corporations
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to suppliers. Liability (D) Bonds payable. Liability (E) Amount earned from selling a product. Revenue (F) Cost of advertising. Expense Part 2 Ex 1-8 (A) An expression about whether financial statements conform with generally accepted accounting principles. – 8 Auditors opinion (B) A business that raised money by issuing shares of stock. – 1 Cooperation (C) The portion of stockholders’ equity that results from receiving cash from investors. – 6 Common Stock. (D) Obligations to suppliers
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