1. DETAILS OF THE ORGANISATION Name of the Organisation: Phone: E-mail: Address of the Organisation: Vill-Sripur‚P.O.-Dewanpasha‚ Sub-Division- Dharmanagar‚ Dist.-North‚State-Tripura‚Pin-799254. SANGHADIP (03822) 233282‚ 9436476002(Secretary) sanghadip@yahoo.co.in NGO Report by Tirthankar Majumder‚2013‚RMD dpt‚Tripura University. Page 1 2.1.BACKGROUND INTRODUCTION SANGHADIP‚a non profit making Voluntary Organization was founded in 1979‚1st Nov‚ with the objective of providing multi-dimensional
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Financial Reporting Problem‚ Part 2: Nike ACC/290 Financial Reporting Problem‚ Part 2: Nike When determining the overall financial strength of a company‚ businesses rely on their current assets to show value. Current assets are defined as assets that can or will be converted into cash quickly. The value of the asset’s will vary and may be used at any time as collateral for loans or other investment business development plans. Current assets will include‚ of course‚ cash and cash equivalents
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| |(Period) |S.H. ShareHolder | |FV Future Value |S.E. ShareHolder | |IE Interest |Equity | |Expense |SYD Sum of the | |I.S. Income |Years’ Digits | |Statement |TA Total Assets | |FS Financial |TAT Total Assets | |Statements |Turnover | |LCM Lower Cost &|XA Uncollectable | |Market |Accounts | |M.S. Marketable |~A Contra-Asset | |Securities |(negative) | |N.I. Net Income |$
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QUESTION P3-22: Cross–sectional ratio analysis :- Use the Financial Statement below and on page 106 for Fox Manufacturing Company for the year ended December 31‚ 2012‚ along with the Industry average ratio below‚ to: a) Prepare and interpret a complete ratio analysis of the firm’s 2012 operations b) Summarize your findings and make recommendations. Based on the overall performance of Fox Manufacturing Company‚ it shows that the company should improve it debt financing
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Financial statements are a necessity when it comes to businesses. They are used by both internal managers as well as outside users and provide information about the entire company. Managerial accounting is primarily used by individuals within a company or organization. The main purpose of financial accounting is to prepare financial reports that provide information about an organization’s performance to external parties like creditors‚ investors and tax authorities (Hilton‚ 2006). There are several
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Financial Accounting vs. Management Accounting Role and Primary Tasks/Services Performed by Management Accountants Accounting is a staff function‚ with management accountants providing information to other managers. Information can relate to: financial statements‚ tax problems‚ dealing with governmental authorities and other matters. The management accountant‚ like other staff managers‚ often recommends courses of action to those using the information. But neither the management accountant
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1/9/2013 Critical Analysis of Financial Performance METKA S.A. 2007-2011 Group Project for ‘Accounting & Financial Reporting’ course Professor: Mr. Apostolos Ballas Project Team Karathanos Panos Korovesis Loukianos Moutsiou Elpida Polydoros Nikos PT 15 YEAR 2013-2014‚ ATHENS 07/01/2013 TABLE OF CONTENTS 1. COMPANY’S PROFILE AND HISTORY ...................................................................... 2 2. INTERPRETING ACCOUNTING INFORMATION ............................
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Qualitative Characteristics of Useful Financial Information The purpose of financial reporting is to provide decision makers with useful information. When accounting choices are to be made by individuals‚ those choices should be based upon the usefulness of that information to the decision making process. The Framework identifies six qualitative characteristics of financial statements as follows:- • relevance; • faithful representation; • comparability; • verifiability; • timeliness; and
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*Since outcome of litigation is only 20% (remote)‚ it is not appropriate to provide for damages. The unrecoverable legal costs are a liability as the start of legal action is past event and should be provided in full. KASTURI Bhd Statement of Financial Position as at 31 March 2011 | Notes | RM | RM | Non-current Assets | | | | Property‚ Plant and
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CHAPTER 2 A Further Look at Financial Statements Study Objectives 1. Identify sections of a classified balance sheet. 2. Identify and compute ratios for analyzing a company’s profitability. 3. Explain the relationship between a retained earnings statement and a statement of stockholders’ equity. 4. Identify and compute ratios for analyzing a company’s liquidity and solvency using a balance sheet. 5. Use the statement of cash flows to evaluate solvency. 6. Explain the meaning of
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