QMUL School of Business and Management BUS 106: Accounting for Business Coursework 2012 In this age of globalisation‚ while it is absolutely necessary for large listed companies in different countries to prepare financial statements using uniform accounting standards‚ such as International Financial Reporting Standards (IFRSs)‚ the preparation of management accounting reports remains optional. Required: Critically examine the above statement by analysing the arguments for and against the use of
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Statement of Comprehensive income is a financial report that changes in equity of a business enterprise during a period transaction and other events and circumstance from non-owner sources. It is different from typical income statement which reflects profits and losses and may omit changes in net assets (IFRS.org‚ 2009). The general purpose of the statement of comprehensive income is to provide information about the companys financial position‚ performance and cash flow that is useful for economic
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ACCOUNTING IN BUSINESS “Defining the three important financial statements has made analysts’ life simpler by ensuring consistency in reporting”. Analyzing a business’s performance and standing can be adequately done using financial statements. WORD COUNT: -1463 Kunal Sharman SHTM 2012 Institute for international management and technology Oxford Brookes University Ms.Garima Gupta “Defining the three important financial statements has made analysts’ life simpler by ensuring consistency in
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American Intercontinental University Unit 1 Individual Project ACCT 311 – Managerial Accounting March 25‚ 2012 Abstract This paper describes a company who has just started in the month of March called Cats and Dogs Company started by D.C. Dawg. It gives a summary of the cash transactions that took place during the month of March. It also shows how each cast transactions affects the accounting equation and an additional piece of information that is related to the transaction other than the
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Tutorial 10 Chapter 12 – Business Combinations Exercise 12.2 Accounting by an acquirer GABO LTD – DUCK LTD A. Acquisition analysis: Fair value of identifiable assets and liabilities acquired: Current assets $980 000 Non-current assets 4 220 000 5 200 000 Liabilities 500 000 $4 700 000 Consideration transferred: Shares: 100 000 x 10 x $10 $10 000 000 Patent 1 000 000 Cash: 100 000 x $5.20 520 000 $11 520 000 Goodwill = $11 520 000 - $4 700 000 = $6 820 000
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May 14‚ 2012 [ EXECUTIVE DIPLOMA] EXECUTIVE DIPLOMA IN BUSINESS MANAGEMENT Awarded by the Asia e University Assignment [Business Accounting] Submission due date : 23rd June 2012 by or before 5.30pm 1 May 14‚ 2012 [ EXECUTIVE DIPLOMA] Assignment Question Scenario You have been recruited to help your uncle’s family to set up and run a supermarket called ‘BeliMurah Mart’ in Petaling Jaya. In the past‚ they had set up and managed smaller scale businesses‚ but
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HI5001 Accounting for Business Decisions Due Date: 29 May 2012‚ 12 p.m. Total Mark: 20 points General Rules and Requirements: The report should be prepared in a group (minimum 3 students in a group and maximum 4). Reports must be confined to 2‚500 words. A title page‚ table of contents (based on your report headings)‚ introduction‚ body of the report‚ conclusion and list of the references actually cited should be included in your assignment paper. Font type should be Times
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Unit 5 Business Accounting P5 Introduction In this assignment I will be using the profit and loss accounts and balance sheet for SIGNature ’s business to work out the Profitability‚ Liquidity and Efficiency Ratios. Profitability Gross profit Percentage sales Gross Profit Sales Turnover ×100 244200 444000 ×100=53% Net Profit Percentage Net ProfitSales turnover×100 73960444000×100=16.66% Return on Capital Employed (ROCE) Net Profit before interest and taxCapital Employed×100 73960149160×100=49
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Case Study on Youku and Tudou’s Business Combination Frank CHANG‚ Leonard XU Fang YANG‚ Sainan YU Background： In March 2012‚ Youku Inc. (NYSE:YOKU) ("Youku") and the Company announced that they had signed a definitive agreement for Tudou to combine with Youku in a 100% stock-for-stock transaction. After the merger‚ the new company Youku Tudou Inc will keep the Youku and Tudou brands‚ continuing to occupy the 1st and 2nd positions in the online video industry. Youku and Tudou together will achieve
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makes them want to come back when they need more books‚ music‚ and movies. 2. Assess the financial value of the acquisitions and investments made by Amazon.com‚ and the influence of the acquisitions and investments on profitability during the accounting period. 2013 Acquisition Activity In 2013‚ we acquired several companies in cash transactions for an aggregate purchase price of $195 million‚ resulting in goodwill of $103 million and acquired intangible assets of $83 million. The primary
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