HT513 PRINCIPLES OF ACCOUNTING FOR TOURISM AND HOSPITALITY 1. Document used after business transaction 2. Book of prime entry INTRODUCTION OF BUSINESS • The purpose of a business is to make a profit for its owner(s) • A business is a separate entity from its owner. • Every financial transaction has a dual effect. • Double entry bookkeeping accounts for the dual aspect of financial statement transactions. INTRODUCTION OF FINANCIAL STATEMENT • Information from a trial balance is used to prepare
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FUNDAMENTAL BIOETHICAL PRINCIPLES Bioethics -Bios meaning life- involves the application of general normative ethical theories‚ principles and rules to medical practice‚ the allocation of health care resources and research. Medical and pharmaceutical ethics are sub-groupings within the diverse and interdisciplinary endeavour which bioethics has become. Within the ethical literature there are to be found fundamental and derived principles which are particularly important: AUTONOMY This is derived
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Accounting has been around since the beginning of civilization. ¡§Accountants participated in the development of cities‚ trade‚ and the concepts of wealth and numbers.¡¨ (Giroux) The importance of accounting cannot be overemphasized. Equally important are the standards used to guild the application of accounting practice. Without principles and standards‚ financial reporting would not fairly present the financial position of a company. Accounting has changed and evolved vastly over time and continues
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Ethical Principles for Research There is four well-known moral principles constitute the basis for ethics in research.They are first‚ the principle of non-maleficence.It means that the research must not cause harm to the participants in particular and to people in general.Second is the principle of beneficence.That show the Research should also make a positive contribution towards the welfare of people.It should be provide benefit for whatever treatment is.Third is the principle of autonomy
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There are many accounting concepts which underpin GAAP such as the accruals and going concern concepts in particular. Going concern-it is assumed that the organisation will continue to operate indefinitely. This just means that when we draw up financial summaries‚ we do not assume the organisation is in severe financial difficulties. Accruals concept-when calculating the profit or loss of an organisation‚ all income and related expenditure for a specified period should be included‚ not simply
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INTRODUCTION Through history and the many years of accounting practice‚ a lot of accounting theories have been developed. Interestingly‚ many of those theories are grounded on the basis of prescribing and proposing how accounting processes should be performed. These are known as normative theories of accounting as they are not built on observation‚ but rather upon the theorist’s deductive judgement‚ and subjective opinion (Goble 2009). Accounting conceptual frameworks are good examples of normative
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1. The accounting process involves all of the following except a. identifying economic transactions that are relevant to the business. b. communicating financial information to users by preparing financial reports. c. recording nonquantifiable economic events. d. analyzing and interpreting financial reports. 2. Financial accounting provides economic and financial information for all of the following except a. creditors. b. investors. c. managers. d. other external users. 3.
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Florentino Cayco Memorial School of Graduate Studies Masters of Arts in Nursing METHODS OF RESEARCH IN NURSING Jennylyn C. Cabanto‚ RN Gen. Marlene Padua‚ RN‚ MAN June 29‚ 2013 ETHICAL PRINCIPLES IN NURSING RESEARCH HISTORICAL BACKGROUND As modern‚ civilized people: systematic violations of moral principles within a research context occurred centuries ago rather than in recent times – FALSE The Nazi Medical Experiments (1930s & 1940s) The Tuskegee Syphillis Study (1932-1972) Injection
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Maintaining Ethical Standards BSHS/335 1/20/15
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judgment. A significant variable in the analysis of foreign securities is various accounting standards. The accounting standard of United States (US) and United Kingdom (UK) and identifies the major differences that materially impact the Tangible Assets‚ Goodwill‚ Inventory‚ Auditing‚ and financial statements. The study is helpful in evaluating the financial statements of UK companies and comparing them with US financial statements. U.K was one of the initial and first countries in the world to expand
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