ACCOUNTING NOTES FOR MY PERSONAL USE 4/12/2013 ELISHA VERIWA | Introduction to Accounting Accountancy is the process of communicating financial information about a business entity to users (stakeholders) such as shareholders and managers (Elliot‚ Barry & Elliot‚ Jamie: Financial accounting and reporting). Accounting has been defined as: * the art of recording‚ classifying‚ and summarizing in a significant manner and in terms of money‚ transactions and events which are‚ in part at least
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INTRODUCTION In this unit we will discuss the inter-dependence of philosophy and education. After discussing the impact of philosophy on education and vice-versa‚ we will describe briefly the different schools of philosophy viz. Naturalism‚ Idealism and Pragmatism‚ and their implications for education in curriculum‚ role of the teacher and the nature of discipline. While explaining the ideas advocated by different schools of philosophy on above concepts‚ this unit will also incorporate the views
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How do banks allocate their costs from the back office to the front office? On what basis are the costs allocated? On what basis do you think would be the most equitable for banks? The various business organizations and banks are seeking tremendous challenges due globalization and its emerging competitive trends. Cost allocation in banks is also one of these competitive challenges in the USA market. Now banks are also revising its polices one after another for an effective marketing strategy
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Accruals and the Prediction of Future Cash Flows: evidence from China Background Predicting the company’s future cash flows is of high significance in accounting and finance areas alike‚ due to the fact that the ability of company generating cash flows substantially influences its securities value. For this purpose‚ Financial Accounting Standards Board (FASB) states that the primary objective of financial reporting is to provide information to help investors‚ creditors‚ and others in assessing
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Preliminary Project Report on “Development of Warehouses on Public-Private Partnership Basis” in Rajasthan Prepared by Devender Kumar IABM Bikaner ACKNOWLEDGEMENT This project has been made possible through the direct and indirect co-operation of various people‚ words can hardly express my feelings of indebt-ness to all those who extended cooperation in completing this project work successfully. I am extremely thankful to Mr. Vinayak Pandey‚ Sr. Manager‚ PDCOR Limited for providing
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QUESTIONS 1. The cash basis of accounting reports revenues when cash is received while the accrual basis reports revenues when they are earned. The cash basis reports expenses when cash is paid while the accrual basis reports expenses when they are incurred (and matched with revenues they generated). 2. The accrual basis of accounting generally provides a better indication of company performance and financial condition than does the cash basis. Also‚ the accrual basis increases the comparability
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The basis of market segmentation: a critical review of literature. 1) Introduction Marketing has become vital ingredient for every business success. It has almost become difficult for every competitor to survive in market for a prolonged period because competition is cut to throat. That is why development of right marketing strategy over time is required. Right marketing strategy is something that helps companies to achieve marketing objectives. The strategy of dividing the market in homogenous
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References: PQ) Hänig‚ D.P.‚ 1901 PR) Collings‚ V.B.‚ 1974 Buck‚ Linda and Richard Axel. (1991). A Novel Multigene Family May Encode Odorant Receptors: A Molecular Basis for Odor Recognition. Cell 65:175-183. http:/ / action. painfoundation. org/ site/ News2?page=NewsArticle& id=5135& security=1& news_iv_ctrl=1061 Esther Wednesday‚ October 19‚ 2005 http:/ / www
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LEGAL BASIS OF EDUCATION Taken from the book by ATTY EVELYN T. DEL ROSARIO‚ Ed D “THE BEST PRACTICES-AnswersFrequently Asked Questions” ON HOURS OF WORK Art. 83. Normal hours of work. The normal hours of work of any employee shall Not exceed eight (8) hours a day. Health personnel in cities and municipalities with a population of at least one million (1‚000‚000) or in hospitals and clinics with a bed capacity of at least one hundred (100) shall hold regular office hours for eight
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Master of Business Administration- MBA Semester 1 MB0041 – Financial and Management Accounting Q1. Accounting is one of the oldest‚ structured management information system. Give the meaning of accounting and book keeping? Explain the objectives of accounting? ANS. Meaning of Accounting- The systematic and comprehensive recording of financial transactions pertaining to a business. Accounting also refers to the process of summarizing‚ analyzing and reporting these transactions. The financial statements
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