The lecture last night discussed accrual accounting concepts such as timing issues‚ and the basics of adjusting entries. The discussion went into more detail on periodicity assumption and how accounting divides the economic life of a business into artificial time periods. These time periods are generally a month‚ a quarter‚ or a year‚ now whether it is a fiscal year or a calendar year that is determined by the company itself. The lecture then reviews the revenue recognition principle which expects
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Comparing Accounting Software Programs to Manual Accounting Manual accounting uses several paper ledgers to record financial transactions. It is very time consuming to record each single transaction onto paper‚ being very cautious not to make an error. There are several ledgers for each part of the accounting system‚ such as accounts payable‚ accounts receivable‚ and revenue accounts. Combining these ledgers into one general ledger‚ provide the balance for each ledger. The general ledger
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opportunities in sport management‚ from sport entertainment to sports marketing that make it necessary to gain field experience. In order to land a career in the sport industry or any field‚ it is critical to gain hands on experience with the area of industry that suits your interests to expand your knowledge‚ skills and expertise needed for a professional job. For example‚ landing an internship entitles having the potential skills necessary interviewers are looking for to successfully do well in their
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References: Warren‚ C.‚ Reeve‚ J.‚ and Duchac‚ J (2007). Accounting. 23rd ed South-Western‚ cengage learning in thousands except share data | January 3‚ 2009 | December 29‚ in thousands except share data | December 29‚ 2007 | December30‚
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Accounting for Managers TOPIC A: AN INTRODUCTION TO ACCOUNTING Investors – Individual and groups provide initial capital. Creditors – Company which loans money to another company (Suppliers/Bank). Managers – Oversee the day-to-day operations. What is accounting? * Process of Recognising‚ measuring‚ recording (also known as transactions)‚ disclosing and attesting to information. *Information – Decision Making (Value Creation)‚ Control (Monitoring). Process of Accounting: Transactions
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1. Introduction 1.1. Origin of the report This report is prepared for Dr. Anwar Hossain as a partial requirement of the course “Manpower Planning and Personnel Policy”. 1.2. Objective of the report The objective of this report was to analyze the environmental trend‚ manpower planning models‚ manpower-needs and personnel information system to forecast future need of manpower. We analyzed Opsonin Chemical Industries Limited organogram‚ future expansion and manpower requirement given by various
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If you are looking for a degree that can land you a good job‚ a high degree of job security‚ and available options when it comes to finding an employer‚ an accounting degree could be a great choice for you. There is a price to be paid for the popularity of accounting roles though‚ as the work is not always easy‚ there can be a high degree of detail oriented work involved‚ and most of the duties involved require a rather sedentary style of work.Accounting is largely the understanding‚ tracking‚ and
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Accounting Basics: Introduction Accounting is a glorious but misunderstood field. The popular view is that it’s mostly mind-numbing number-crunching; it certainly has some of that‚ but it’s also a rich intellectual pursuit with an abundance of compelling and controversial issues. Accountants are often stereotyped as soulless drones laboring listlessly in the bowels of corporate bureaucracies. But many accountants will tell you that it’s people skills‚ not technical knowledge‚ that are crucial to
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General Banking Activities Of Dhaka Bank Limited (DBL) [pic] Internship Report On General Banking Activities of Dhaka Bank Limited (DBL) Submitted To Mr. N. M. Zayed Lecturer in Finance Department of Finance BangladeshUniversity of Business and Technology (BUBT) Submitted By NayemaRahmanRajone BBA Program‚ 12th Intake ID # 06072101100 Major in Finance BangladeshUniversity of Business and Technology (BUBT) Date of Submission: 12thDecember‚ 2010
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Table of Contents Case 1 Introduction Jill’s business is expanding while the up going GST prevent her from gaining more profits. The idea of replacing the labor with the help of new equipment will bring about an unprofitable break-even point. However Jill still insist on borrowing from bank to invest in the equipment regardless of the CVP analysis result‚ which raised some ethical issues. Analysis Question 1 Defining the stakeholders There are 5 major stakeholders arising
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