IGCSE Accounting Teacher’s guide Edexcel IGCSE in Accounting (4AC0) First examination 2011 Edexcel‚ a Pearson company‚ is the UK’s largest awarding body‚ offering academic and vocational qualifications and testing to more than 25‚000 schools‚ colleges‚ employers and other places of learning in the UK and in over 100 countries worldwide. Qualifications include GCSE‚ IGCSE‚ AS and A Level‚ NVQ and our BTEC suite of vocational qualifications from entry level to BTEC Higher National Diplomas
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year and 4th year‚ researcher chose them to become their respondents. The researcher‚ 1st year Accounting Student made a research about some factors of motivation and distraction that affect the performance of the students. Motivation and effort significantly influence individual performance in college as the review of prior research below indicates‚ few studies have investigated their impact on accounting student. The objective of the study is predicated on the assumption that identification of some
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1.Managerial accounting vs financial accounting Managerial accounting information system is an information system that produces outputs using inputs and processes needed to satisfy specific managerial objectives. How do management accounting and financial accounting differ? Management Accounting Financial Accounting 1. Internally focused
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choices of jobs if you’re a BSA graduate. Because of those reasons‚ lots of students take this course without knowing how hard being an accountancy student is. Background of the Study Accountancy‚ or accounting‚ is the production of information about an enterprise and the transmission of that information from those who have it to those who need it. The communication is generally in the form of financial statements that show in money terms the economic resources under the control of management; the art
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Applications of ICT in Accounting. Accounting records have been maintained only on a manual basis for a period now. The bookkeeper or the owner is required to fill a paper source document for each sale or receipt‚ and then work overtime writing the transactions of the day or week in special journals‚ stock cards‚ and debtor and creditor records. This obviously took some time‚ time that would otherwise have been spent operating the business. The business also pays extra money to account officers
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MODULE 1 Management Accounting Module 1 Management Accounting Objectives Aim To provide an understanding of the nature of management accounting and its role in the process of managing and controlling the enterprise. Key Concepts ▪ Management accounting ▪ Management control ▪ Decision making Learning Outcomes By the end of this section you should be able to understand: ▪ The purpose of management accounting ▪ The concepts and processes of control. The
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Multiple Choice (80%) 1. Which of the following is not a category of financial statement ratios? a. Financial leverage. b. Liquidity. c. Profitability. d. Prospectus. 2. An individual interested in making a judgment about the profitability of a company should: a. review the trend of working capital for several years. b. calculate the company’s ROI for the most recent year. c. review the trend of the company’s ROI for several years. d. compare the company’s ROI for the most recent year
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cost accounting. This introductory chapter explains the intertwining roles of managers and management accountants in choosing an organization’s strategy‚ and in planning and controlling its operations. Unlike the remainder of the textbook‚ this chapter has no “number crunching.” Its main purpose is to emphasize the management accountant’s role in providing information for managers. Review Points organization. Cost accounting provides information for both management accounting and
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Introduction Financial accounting has a number of conservative laws which have been considered over the years and all the possible identifiable rules are: Business Entity Concept‚ Money Measurement Concept‚ Going concern Concept‚ Accrual basis of accounting concept‚ Consistency Concept‚ Materiality and aggregation concept‚ Prudence‚ Matching Principle and Dual Aspect 1. The Business Entity Concept It is the customary where you strictly distinguish all the matters of any business from its owners ‘personal
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for appropriate job. Leading/Motivating: exhibiting skills in these areas for getting others to play an effective part in achieving plans.(To make individual work willingly in the organization) Controlling: monitoring -- checking progress against plans‚ which may need modification based on feedback. Management accounting is concerned with the provisions and use of accounting information to managers within organizations‚ to provide them with the basis to make informed business decisions that
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