10 ONLINE SHOPPING 10.1 O v e r v i e w According to eMarketer (www.emarketer.com)‚ the number of U.S. consumers shopping online has been‚ and is projected‚ as follows: Number • • • • • • • 2009: 2010: 2011: 2012: 2013: 2014: 2015: 163.1 million 172.3 million 178.5 million 184.3 million 189.6 million 195.4 million 201.1 million Pet. of Internet Users 85.0% 87.1% 87.5% 88.1% 88.7% 89.4% 90.1% Sixty-percent (60%) of U.S. adults shop online at lease once
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CHAPTER 3 THE REPORTING ENTITY AND CONSOLIDATED FINANCIAL STATEMENTS ANSWERS TO QUESTIONS Q3-1 The basic idea underlying the preparation of consolidated financial statements is the notion that the consolidated financial statements present the financial position and the results of operations of a parent and its subsidiaries as if the related companies actually were a single company. Q3-2 Without consolidated statements it is often very difficult for an investor to gain an understanding
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← Abstract Faced with various issues of international accounting in cultural‚ economic‚ ethical and social level‚ after comparing US with China about the GAAP‚ analyzing the differences and difficulties in global accounting standard‚ it’s necessary to separate different accounting standards because of the diversification in different countries‚ it shows that accountancy professions play an important role in capital market‚ which can provide useful‚ relevant and reliable information to interested
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for the results of the October examinations‚ I do so hope that your journey was successful. Dr Philip E Dunn Editor Head of Education Trainee Certified Bookkeepers need to develop competence in the procedure for writing off a bad debt and also dealing with the creation of a provision for doubtful debts together with its review on an annual basis. As an examiner I find this an area that often causes difficulty‚ however if you master the principles any examination question on the topic will
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LongHorn Steakhouse Introduction LongHorn Steakhouse was first founded in 1981 in Atlanta‚ Georgia by George McKerrow‚ Jr. His vision of the restaurant was to provide the most perfect steak‚ but nobody seem to have taken notice of his restaurant until about 1982 when he thought the restaurant was about to not make it . There was ice and storm that hit the south that took a no name steakhouse to what everyone knows today as LongHorn Steakhouse. LongHorn is now part of Darden Restaurants‚
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The basic accounting concepts have defined the conception of the preparation of financial statements and the process of preparation in the UK is well regulated. But financial accounting requires a fair amount of flexibility in some certain areas‚ so the need of judgements and estimations for accounts preparers is demand. Meanwhile it leaves a significant approach in accounting treatments. For example‚ when organizations decide which of several inventory valuation methods to utilize; managers make
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Classmates‚ According to (Oster‚ 2014)‚ "Percentage of receivables and percentage of sales are two accounting allowance methods used to reconcile customer accounts deemed noncollectable. When allowed by generally accepted accounting principles (GAAP)‚ these two strategies are preferred over direct write-off of bad debt expenses. Percentage of receivables and percentage of sales provide a business with the ability to accurately estimate the expected bad debt losses they will have in each succeeding
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YARMOUK UNIVERSITY FACULTY OF ECONOMICS AND ADMINISTRATION SCIENCES DEPARTMENT OF ACCOUNTING COURSE SYLLABUS FALL SEMESTER 2011/2012 COURSE: Title: ACC471— Accounting Information System Instructor:Dr. Iaad Sartawi Class Time: Section (1) – 8:00-9:00 Sunday‚ Tuesday‚ & Thursday. Section (2) – 10:00-11:00 Sunday‚ Tuesday‚ & Thursday. Section (3) – 8:00-9:30 Monday & Wednesday. Class Room: LAB 104A Office Hours: 11:00-12:00 Sunday‚ Tuesday‚ & Thursday. 9:30-10:30
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CHAPTER I PLANNING Introduction These days‚ businesses are more reliant than ever before on technology‚ to help improve communications and to maximise efficiency in the workplace. The increased use of the internet‚ email and mobile technology has revolutionised the way companies operate and made IT a critical factor in building and maintaining a successful company. Yet still even today too many companies think of technology as a necessary evil rather than truly embracing all the opportunities
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"I saw the angel in the marble and carved until I set him free." — Michelangelo Part 1 In the quote above‚ Michelangelo describes his creation of a religious symbol. Discuss with your fellow class: What art images and symbols do you see presented in religious ceremonies in churches‚ greeting cards‚ books‚ and the visual arts? There are multiple symbols to represent religious ceremonies in church. The most common I think would be the cross. But‚ if you look deeper into different denominations
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