Taking Principle of Account during O-Level and continuing with A-Level Accounting gives me a strong rudimentary knowledge and at the same time boosts my desire to be able to obtain a degree in Accounting and Finance. Moreover‚ A-Level Mathematics has enhanced my problem solving skills‚ logical thinking and also learned data analysis techniques which can be useful when learning the ‘Quantitative Methods’ module that forms part of my course. Also‚ A-Level Business Studies has broadened my knowledge
Premium Problem solving Learning General Certificate of Secondary Education
1. Identify an accounting scandal at a corporation that has resulted in a loss of reputation to the accounting profession. Explain the crime(s) committed. In early 2008 Lehman borrowed large amounts to fund its investing in the years leading to its bankruptcy in 2008‚ “a process known as leveraging or gearing”. A large part of their investments were towards housing market‚ making it vulnerable to a downturn in that market. This firm generated large profits during the housing boom‚ this place them
Premium Fraud Lehman Brothers Accounting scandals
BUSINESS FINANCE AND MANAGEMENT ACCOUNTING Unit short code : BUSFINACC REFERRAL CW1 ‚ JULY 2012 QUESTION 1 Adjustments | | | | | | | Closing stock = £111 317 | | | | | | Ordinary shares = 300 000 | | Preference shares = 50 000 | | nominal value = £0.5 | | | nominal value = £1 | | | share capital = 300 000* 0.5 = £150 000 | | share capital = £ 50 000 | | ordinary share dividend = 18% | | preference share dividend = 12% | | ordinary dividend = 150 000 * 0
Premium Generally Accepted Accounting Principles Balance sheet Revenue
TEMASEK POLYTECHNIC SCHOOL OF BUSINESS MANAGEMENT ACCOUNTING & FINANCE (BAF2016) AY 2011/12 MID-SEM TEST OCTOBER SEMESTER Name:___________________________________ Tutorial Class:____ Admission No. __________________________ Seat No:____ TIME ALLOWED: 1 HOUR READING TIME: 10 MINUTES TOTAL: 40 MARKS Instructions: 1. Do not turn the page over until instructed to do so. 2. This paper consists of 5 printed pages (excluding cover page). 3. Answer
Premium Cost Costs Variable cost
Retail means sale of goods in small quantities‚ it is concerned with buying of goods in small quantities from the wholesaler and selling them in small quantities to the ultimate consumers as per their requirements. The person engaged in this trade is called the “retailer”. He acts as a link between the wholesaler and the customers. In retail trade goods are sold to the ultimate consumers for personal use and for the use of the business in small quantities only. The retailer does not specialize in
Premium Bank
the following problem sets in Ch. 7 and Appendix E of Financial Accounting: Week Five Discussion Questions • What must financial managers consider when operating in the global environment? What types of regulatory compliance might they face? What might they do to mitigate financial risk? Should there be global accounting standards? Why or why not? International Note As more countries adopt international accounting standards‚ the ability of analysts to compare companies from different
Premium Balance sheet Subsidiary Generally Accepted Accounting Principles
Managerial Accounting: Case 9-30 Earring Unlimited (Master Budget with Supporting Schedules) Chapter 9 Case 9-30 Master Budget with Supporting Schedules You have just been hired as a new management trainee by Earrings Unlimited‚ a distributor of earrings to various retail outlets located in shopping malls across the country. In the past‚ the company has done very little in the way of budgeting and at certain times of the year has experienced a shortage of cash. Since you are well trained in budgeting
Premium Balance sheet Budget Accounts receivable
An MBA Graduate Defined An MBA is a degree awarded to individuals who complete required coursework in the field of Management Science. The MBA title stands for Master of Business Administration and implies that the person holding the degree is qualified to hold a position in senior management within a firm. An MBA manager is similar to the captain of a ship. He is responsible for making decisions and plans about the firm and for controlling the firm’s employees. The goal of an MBA manager is
Premium Revenue Management
connection between Europe and the Far East. Consequently‚ the country has only 5 million people quickly developed as a maritime center‚ with 180‚000 jobs in this industry. 1. Identify and evaluate the current key supply chain and logistical issues of MPA in both international inbound and outbound cargo transport to the Singapore port (20% Mark) (Max 700 words). At Singapore ports‚ entry and exit procedures for ships in port by a single management agency‚ that is port customs. In addition‚ the application
Premium Cargo Containerization Ship
Bose Plc has developed a design for a new I-Pod Docking Station‚ and is considering whether it is viable to produce the product as a replacement for its existing product whose popularity has decreased in the last year. The company publishes its financial accounts at 31st December 2012‚ and today is 1st January 2012. As the financial manager of the business you have been provided with the following information: 1. The machinery required to produce the station will cost £100million today. The project
Premium Costs Economics Cost