Assignment – Social Accounting What is Social Accounting? “Social accounting and auditing is about understanding the impact of organisations on our society and the overarching context is sustainability: both sustainability of the organisation itself (the interrelation of the social‚ the environmental‚ the cultural and the financial) and sustainability of behaviour which contributes to a future for the people and the planet. Social accounting is distinct from evaluation in that it is an internally
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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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21. Generally accepted accounting principles c. derive their credibility and authority from general recognition and acceptance by the accounting profession. 22. A soundly developed conceptual framework of concepts and objectives should d. all of these. 23. Which of the following (a-c) are not true concerning a conceptual framework in account-ing? c. It should be based on fundamental truths that are derived from the laws of nature. S24. Which of the following is not a benefit associated
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3.09 Particle Accelerator & Fundamental Forces 1. Answer the following: a. Describe the structure of the Large Hadron Collider and what it does. The Large Hadron Collider is a 27km long ring-shaped tunnel that is made mostly of superconducting magnets that sit 100m underground. The Large Hadron Collider accelerates particles. There are two beams of particles involved in the process called ‘hadrons.’ They will be sent speeding around the ring traveling at just about the speed of
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theory of accounting. There are a number of accounting theories (though a systematic attempt has been made by Financial Accounting Board (FASB) of USA and IASC and other to formulate a comprehensive theory of accounting). The definition of Accounting Theory given by Hendriksen as “a set of broad principles that (i) provide a general frame of reference by which accounting practice can be evaluated‚ and (ii) guide the development of new practices and procedures” lead us to perceive accounting theory as
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a) Fundamental Rights are meant for the citizen while Directive Principles of State Policy are meant for the State. In other words Fundamental Rights are individualistic and meant for individual citizens while Directive Principles of State Policy are socialistic in nature and want to establish equality and justice in the society. b) Fundamental Rights are enforceable in the courts. Individual can move to the court seeking legal assistance if Fundamental Rights are usurped by force. On the other
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possible to find‚ and must refer to the truth.” (P 108) Montessori‚ Maria .. The Montessori Method. New York: Schocken Books Inc.‚ 1964. Comment on the above statement and explain what Montessori mean by “Fundamental lesson”. Explain how Montessori directress understanding of the fundamental lesson guides her teaching. Born in Chiaravalle in the Province of Ancona in 1870‚ Maria Montessori was the first woman to practise medicine in Italy‚ having graduated from the Faculty of Medicine at the
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8 Accounting theory and conceptual frameworks After studying this chapter you should be able to: & explain what accounting theory is & describe the main attempts at constructing an accounting theory & appraise current developments in the area & describe and discuss the contents of the IASB Framework & appraise the quality and usefulness of the IASB Framework in the context of its self-declared purposes & describe and discuss the parts of IAS 1 relating to accounting concepts and policies & appraise
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online in Wiley InterScience (www.interscience.wiley.com). DOI: 10.1002/bse.395 ENVIRONMENTAL ACCOUNTING: AN ESSENTIAL COMPONENT OF BUSINESS STRATEGY Mehenna Yakhou*1 and Vernon P. Dorweiler2 1 2 Georgia College and State University‚ USA Michigan Technological University‚ USA Environmental accounting is on an expansion path. With increasing social focus on the environment‚ accounting fills an expectation role‚ to measure environmental performance. The status of environmental awareness
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Usefulness Theory 5 Critical Accounting Theory and Critical Theory 6 System-Oriented Theories 7 Open System Theories 8 Behavioral Decision Theory 9 Legitimacy Theory 10 Political Economy Theory 11 Institutional Theory 12 Stakeholder Theory 13 Agency Theory 14 Normative Theory 15 Public Interest Theory 16 Capture Theory 17 Economic Interest Theory/Private Interest Theory 17 Positive Accounting Theory 18 Chambers ’ Theory of Accounting 19 Trickle Down theory
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