Independent University‚ Bangladesh (IUB) In Partial Fulfilment of the Requirements of EMBA Course-513E Management Accounting By Mohammed Shamsuddin Student ID: 1110805 Summer Semester‚ 2012‚ Management Accounting‚ EMBA INDEPENDENT UNIVERSITY‚BANGLADESH July 26‚ 2012 Dr.Dilip kumar Sen Professor School of
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The formation of the debit and credit concept In this simplified form we can begin to see what the mathematician and Father of Accounting (Luca Pacioli) saw in 1494 when he codified the double-entry bookkeeping system. It is his codified system that outlined the rules for applying debits and credits when recording the financial transactions of a business in the double-entry bookkeeping system. Now remember that Luca’s book in 1494 was written and published in Latin and at a time when the concept
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Although many people agree that a woman or a man is free to decide upon his/her life‚ in many Eastern countries this is not the case. In India‚ for instance‚ parents still have the obligation to choose a suitable partner for their offsprings and their children are obliged to comply with this order. Hindu culture takes this phenomenon as something pre-established‚ as something normal. Nevertheless‚ those Indians who have the opportunity to travel abroad‚ and be in contact with different cultures‚
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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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Hey‚ you! Yes‚ you. Does your family own an automobile? Most likely they do. With approximately 95% of the US population owning cars and other motor vehicles‚ they have certainly made an impact on our daily life. It wasn’t always this way‚ though. Humans have tried for decades to create a self-moving vehicle‚ but it was Karl Benz who finally succeeded in 1885‚ and they’ve come a long way since.Owning an automobile can have many risks‚ however‚ the benefits certainly outweigh those in terms of convenience
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To: Carminho Building Products Ltd From: Rodrigues Accounting Dear Sir/Madam‚ We are submitting herewith our report entitled UK Subsidiary Expansion. The main purpose of this report is to help Carminho Building Products Ltd decide the potential and suitable site for the formation of a public listed subsidiary. This report will include United Kingdom’s current financial reporting environment and other information that Carminho Building Products Ltd would need in order to make a sound decision
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Employment Selection and Training and Development Programs For organizations to operate successfully and deliver exceptional goods or services‚ they must select the right people to achieve the organizations goals. The employment selection process is vital in locating the appropriate individuals with knowledge‚ skills‚ and experience to fulfill the duties of his or her potential job. Effective employment selection processes allow organizations to reduce turnover and absenteeism‚ increase moral‚ and performance
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Obama has offered his priorities and intimated the conditions under which his administration might consider something vital: “I have made it clear that I will never hesitate to use our military swiftly‚ decisively and unilaterally when necessary to defend our people‚ our homeland‚ our allies and our core interest” (Reverone and Cook 114). We can use this definition of our vital national interests to help us think about ISIL and the threat it poses. The 2015 NSS would ask whether the group has shown
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Article Analysis From Enron to Tyco‚ accounting scandals have always been a worrisome issue in accounting. Regardless of how many internal controls there are‚ there will always be a chance for unethical practices in accounting. Where and when do these problems arise? This paper will analyze an article listing situations that lead to those unethical practices and behavior that lawmakers try to prevent. In his article “What Are the Causes of Ethical Lapses in Accounting‚” Jagg Xaxx writes that business
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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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