Table of Contents Accounting Concepts and policies…………………………………………………………….. 3 – 7 Relevance of accounting concepts and policies on financial report…………….. 7 – 10 Discount allowed and received………………………………………………………………… 11 – 13 Difference between carriage inwards and carriage outwards……………………. 11 – 13 Differences between straight line and reducing balance methods……………… 11 – 13 References……………………………………………………………………………………………… 14 - 16 Introduction Accounting Concepts and Principles These are rules and
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Accounting Policies are the specific policies and procedures used by a company to prepare its financial statements. These include any methods‚ measurement systems and procedures for presenting disclosures. Accounting policies differ from accounting principles in that the principles are the rules and the policies are a company’s way of adhering to the rules. Revenue Recognition: Revenue recognition determines the accounting period‚ in which revenues and expenses are recognized. General Mills
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TOPIC 1: ACCOUNTING BASES‚ POLICIES‚ AND CONCEPTS ACCOUNTING BASES - These are the methods used for applying fundamental accounting concepts to financial transactions and items‚ preparing financial accounts‚ determining the accounting periods in which revenue and costs should be recognized in the profit and loss account‚ and determining the amounts at which material items should be stated in the balance sheet. - Examples of accounting bases include: Methods of calculating depreciation Methods
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opportunities and threats facing AOLTW (PESTEL analysis)? Pestel analysis: | LOCAL | NATIONAL | GLOBAL | POLITICAL | | The antitrust law is rising. | The government wants to have a more powerful control to avoid monopoly. | ECONOMIC | For AOL it was the top of the internet boom. | The economy start to be hard and slow‚ as show the problem that warner is facing. | AOLTW will take the explode of the internet bubble really bad and problem will start | SOCIAL | With the boom of the internet
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Human Resources Accounting in Infosys VALUING HUMAN RESOURCES QUESTIONS FOR DISCUSSIONS Q1. By early 2000‚ many companies in India had started valuing their human capital and reported the same in their balance sheets and other financial statements. Briefly explain the concept of valuation of human resources and compare the various models available for human resources accounting. Ans: HRA involved identifying‚ measuring‚ capturing‚ tracking and analyzing the potential of
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The Munich Agreement and Appeasement policy was a controversial policy employed by the British to avoid a war that would destroy them. Their tactics brought Appeasement to the center of political debate‚ creating multiple views of this strategy. Chamberlain‚ the man responsible‚ was viewed differently by separate political parties. This tactic was Britain’s last chance at avoiding a war that they were in no shape to fight in. However‚ they put themselves in this undesirable position by political
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history classes are controversial. That’s because much of our Canadian past is‚ unfortunately‚ unpleasant and controversial. Planning is therefore integral. Teaching sensitive issues should not be a pedagogical minefield‚ rather it should be viewed by teachers as a portal to critical thinking. Research indicates that exploring controversial issues in high school helps students informed and more active democratic citizens‚ have confidence in their ability to influence government policy‚ do charitable
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MKTG 410 Week 6 Case Study AOL Goes Far East 1. Was Mitsui the best partner for AOL to enter the Japanese market? If so‚ why? If not‚ who (or what kind of company) would make a better partner? Why? Mitsiu being an established company in Japan‚ had the expertise and history to become a joint venture‚ but not with AOL. Even though the company is well established as an MNC in 60 countries and respected by Japanese corporations and consumers for their goods and services. (Kotabe)
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merger of their history when AOL and Time Warner merged for an all stock deal with a combine value of $ 350 billion which also created the world’s largest media and Communication Company‚ but today I want to re-examine this ill-fated deal and try to explore what went wrong. In an initial statement about this merger and probabilities of new company it was stated that this merger will lead to a speedy development and growth for all its businesses. It will not only provide AOL a new broadband interactive
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Daddy’s Roommate: A Case Study Introduction: Controversial Curriculum The cultural community inside and outside of a school can be a difficult place to navigate‚ especially when it comes to sensitive issues. As leaders‚ we have to consider the letter and spirit of the law while acting with integrity as school leaders. When dealing with culture‚ tensions will inevitably arise [good place for a reference here—why should we believe you?]. The community may not always agree with the school culture
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