UNIT 201 ERR Outcome 1 1. The aspects covered by law are minium wage‚ to make sure you are not discriminated‚ health and safety‚ training‚ working hours and dismissal procedures. 2. The equality act 2010 is in place to protect people from discrimination in the workplace it replaced anti-discrimination laws. 2b. Employment act 2008 is in place to resolve employment disputes or to provide compensation for finacial loss in unlawful underpayment and it enforces minium wage
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performed in an organization‚ among which accounting is one of them. Define the accounting function and discuss how it differs from double-entry bookkeeping. Accountants analyze and interpret financial information‚ prepare financial statements‚ conduct audits‚ design accounting systems‚ prepare special business and financial studies‚ prepare forecasts and budgets‚ and provide tax services. Double-entry bookkeeping records the economic activities of a business. Accounting includes bookkeeping but duties are
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ACC was among the first Indian companies to adopt automation of information technology. We started computerizing our systems as early as 1968 - a commitment to progress through the harnessing of relevant available technologies‚ a practice that continues even today. We have traveled a long way from our early days when we were using simple keypunching machines. Significant improvements have been made in application systems and infrastructure since then - from Batch processing to on-line systems‚
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| | Final Project ACC-101 | | Comprehensive Problem 2 Guitar Universe‚ Inc. P388 GUITAR UNIVERSER‚ INC. | Trial Balance | December 31‚2009 | Cash | $45‚000 | | Marketable securities | $25‚000 | | Accounts receivable | $125‚000 | | Allowance for doubtful accounts | | $5‚000 | Merchandise inventory | $250‚000 | | Office Supplies | $1‚200 | | Prepaid insurance | $6‚600 | | Building and fixtures | $1‚791‚000 | | Accumulated depreciation |
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Angela Mohr Corporate Accounting Week 3 Individual work - Ratios compare financial data among companies or within a single company. They reflect accounting transactions and conditions of a company. To further explore ratios and their effect on transactions and finances‚ please complete the following. - Exercise 3-6 “Normal Account Balances” on pg. 133 - Exercise 3-14 “Journal Entries” on pg 135 - Exercise 3-2 “Transaction Analysis and Financial Statements” on pg 137. Exercise 3-6‚ pg 133
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Case 8: Netscape’s Initial Public Offering 1. Why has Netscape been so successful to date? What appears to be its strategy? What must be accomplished if it is to be a highly successful going concern in the long run? How risky is its current competitive position? 2. Does Netscape need to go public to satisfy its capital needs? What would you estimate might be the magnitude of its capital needs over the next 3 to 5 years? What sources other than the public equity market could be tapped to satisfy
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value accounting in IFRS financial statements Considerable attention is currentiy being given to the use of fair vaiues and fair value accounting in financiai statements prepared under internationai Financiai Reporting Standards. This month’s coiumn ciarifies what is meant by fair value accounting and when iFRS require or allow its use. It also identifies the circumstances in which IFRS requires the use of fair value in the application of the historical cost model. In IFRS financial statements
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Assignment 201 Principles of communication in adult social care settings Assignments Task A Short Answer Questions Ai Describe two methods of verbal communication other than one-to-one conversation. Tone of voice The tone and pitch of your voice can in itself communicate mood‚ urgency or intent. It Is important to be mindful of this when overcoming language barriers or when dealing with those with service users with hearing impairments. Vocabulary Using different words in order to simplify or
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is difficult and there are many limitations. This section will identify and discuss the inadequacies of accounting ratios as tools of financial analysis. ACCOUNTING POLICIES. It is difficult to use ratios to compare companies‚ because they very often follow different accounting policies. For example‚ one company may value stock under the LIFO principle‚ another may follow the FIFO principle. Similarly‚ one company may depreciate assets under the straight line method‚ while its competitors may be
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of Research Paper Through the paper and the information provided by the textbook‚ it is clear that two brief conclusions we can get and explanations will be attached. 1. The financial statement do impact the share price 2. The influence caused by the financial statement is limited. The main reason‚ that financial statement impact the share price‚ is the efficient capital market. Namely‚ the efficient security market will go hand in hand with full disclosure. Once the relevant information provided
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