AC4321 Management Accounting S04 Group4 Hui Yan Shan 53034152 Kwan Mei Yee 53023082 Siu lai Kwan 52692231 SU Chingting 52480431 ZENG Mengyun 52639616 Zhou Yunqi 52638828 1. CRC will improve its ability to plan its cash receipts. For the new membership and fee structure‚ it is more predictable in a sense that CRC get the prepaid membership fees at the beginning of the year. In addition‚ by using new membership and fee structure‚ cash receipts are also more certain. Since there are
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The introduction of MRRT will potentially have an effect on the accounting policy choices of mining companies affected by the tax. This paper will be split into two sections; a literature review and an analysis. The literature review will look at articles on the Minerals Resource Rent Tax and what it actually entails. Positive Accounting Theory in relation to bonus plans and political costs. It will address articles on accounting methods that were used prior to the introduction of Minerals Resource
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The Bear Minimum Case Summary: Big Bear Power is a public utility with a strong financial position for past several years. The company is in compliance with all its debt covenants because of its positive cash flow. Big Bear leased combustion turbine from Goliath Co. The lease term is non-cancelable for ten years. The lease was signed on December 15‚ 2004‚ but the lessee’s right to use the turbine starts on January 1‚ 2005. Issues and Facts There are three specific provisions associated with the
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between accrual-basis accounting and cash-basis accounting? The variation between accrual basis accounting and cash basis accounting‚ is how cash is documented. Cash basis is an accounting basis that is used when expenses and revenue are paid out or received. This is when the transaction will be recorded. In accrual-basis accounting‚ transactions are recorded when they actually happen. Payment does not need to be made for the transaction to be recognized in accrual-basis accounting unlike cash-basis
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Nature of Accounting and the Accounting Standard Background Accounting is an important part for business and it is dubbed “language” of business activities conducted by firms. People think it is used to communicate business transactions per se to all stakeholders. However‚ some people argue that the functions of accounting are not that easy. Except the communication tool‚ accounting acts as many other difference roles in business. When doing accounting‚ different standard may be used. There are
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ETHICS IN ACCOUNTING Presented by: Rojina Sapkota Abhilasha Thapa Pooja Shah Sandeep Gautam Mendhala Lama Gurung AND THE ACCOUNTING PROFESSION What is ETHICS? -All about making right choices and producing good behavior What is ETHICS in ACCOUNTING? -Being responsible enough to behave as a TRUSTWORTHY accountant. ROLE/IMPORTANCE OF ETHICS IN ACCOUNTING To provide true knowledge of the financial transactions taking place. To ensure correct decision making . WHAT IS AN ETHICAL DILEMMA
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Gold Loans ‘Lending with comfort’ Muthoot Finance – BUY CMP: Rs154 Target: Rs202 Largest gold financing company in the country with 20%+ market share AUM growth to moderate but remain strong on higher base NIM to decline on steep increase in funding cost; yield to be relatively resilient Earnings CAGR to remain brisk at 39% over FY11-13E RoA to marginally come-off; RoE to normalize India - a huge gold loan market India is one of the largest markets for gold accounting for ~10%
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RESEARCH ART I C L E Insights intothe dynamics of bacterial communities during chalcopyrite bioleaching Zhiguo He1‚2‚ Fengling Gao1‚2‚ Jiancun Zhao1‚2‚ Yuehua Hu1‚2 & Guanzhou Qiu1‚2 1School of Minerals Processing and Bioengineering‚ Central South University‚ Changsha‚ Hunan‚ China; and 2Key Laboratory of Biometallurgy‚ Ministry of Education‚ Changsha‚ Hunan‚ China Correspondence: Zhiguo He‚ School of Minerals Processing and Bioengineering‚ Central South University‚ Changsha‚ Hunan 410083
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on Friday‚ April 18‚ ultimately siding with the 20-year-old entertainer. PHOTOS: Justin’s biggest scandals "Sorry to disappoint‚ but we won’t be commenting on this one‚" the statement read. "We’ll leave it to others to comment on Mr. Bieber’s case‚ but we’re glad you care about immigration issues. Because our current system is broken. Too many employers game the system by hiring undocumented workers‚ and 11 million people are living in the shadows." "Not only is it the right thing to do morally
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To: From: Subject: Case S2-1 assignment Date: Memo I watched How It’s Made and chose to tell you about artificial limbs. Job order costing is appropriate to use since artificial limbs are specially made for certain people of all different shapes‚ sizes and colors so each limb is unique. This company would need a cost system because there are many different steps needed to create the limb. A manager would need to decide how much each individual person who spent time making the limb would
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