ACCT7102 Individual Case Study Assignment: ‘Biovail Corporation: Revenue recognition and FOB Sales Accounting’ Task Description: The financial reporting case study is a comprehensive case study which examines the specific application of case scenarios involving principally Topic 5 (Managerial incentives for financial statement management). The case will also be used to examine student report writing skills‚ general accounting knowledge‚ and ability to critically evaluate complex case
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“Financial statements are like fine perfume; to be sniffed but not swallowed.” - Abraham Briloff (Professor Emeritus of CUNY Baruch) ACCOUNTING: Accounting is defined by the American Institute of Certified Public Accountants (AICPA) 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‚ of financial character‚ and interpreting the results thereof." ACCOUNTING AND ITS ROLE IN SOCIETY:
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1. Title: A Lesson Before Dying 2. Author: Ernest J. Gaines 3. Date of publication: 1993 4. Genre: Historical Fiction 5. Biographical information about author: He was born January 15‚ 1933 in Louisiana. He lived on the River Lake Plantation. He started working in the fields when he was nine. He was raised by his aunt‚ Augusteen Jefferson. His parents moved to California during WWII and he joined them when he was 15. He served in the US Army and graduated from San Francisco State College in 1957
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CHAPTER 4 Consolidation of Wholly Owned Subsidiaries Acquired at More than Book Value ANSWERS TO QUESTIONS Q4-1 The carrying value of the investment is reduced under equity method reporting when (a) a dividend is received from the investee‚ (b) a differential is amortized‚ (c) an impairment of goodwill occurs‚ and (d) the market value of the investment declines and is less than the carrying
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Format EXECUTIVE SUMMARY 1. Brief Description of the Project 2. Brief Profile of the Entrepreneur Section I MARKETING PLAN 1.1 Description of the Product 1.2 Comparison of the Product with Its Competitors 1.3 Location 1.4 Market Area 1.5 Main Customers 1.6 Total Demand 1.7 Market Share 1.8 Selling Price 1.9 Sales Forecast 1.10 Promotional Measures 1.11 Marketing Strategy 1.12 Marketing Budget Section 2 PRODUCTION PLAN 2.1 Production Process 2.2 Fixed Capital 2.3 Life of Fixed Capital 2.4 Maintenance
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CONTENTS Introduction 2 – 3 What Is a Firewall? 3 – 4 Types of Attack 4 - 5 Firewall Technologies 5 – 6 Choosing a Firewall 7 – 8 Conclusion 8 – 9 Abstract The world is surging towards a digital revolution where computer networks mediate every aspect of modern life. Not many years ago‚ most computers were carefully guarded mainframes‚ held tightly in the hands of skilled professionals. The systems and their guardians combined to provide ironclad
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APPENDIX A Individual Self Reflection Form (Max. 2 A4 pages) Student Name: Leung Wing Tung Student No.: 53051150 Part A What are individual goals and how are they achieved through this project? Since this is a group project‚ so the most important goal to me is to co-operate well with my group mates. We discuss every detail together and respect the opinions of each other‚ so that our project can be done smoothly. Moreover‚ another goal to me is to have a good time management. Since there are plenty
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FINANCIAL ACCOUNTING FOR MANAGEMENT o 6. I 7. J 8. SANJAY INDUSTRIES LTD. Balance Sheet and Income Statement The following is the trial balance bf Sanjay Industries Ltd. as on 31 st March 2006. 1. 2. of Rs. 10 each) Mal IntE Pre Further information 1. Outstanding rent amounted to Rs. 7‚200 while outstanding salaries Rs. 8‚100 at the end Ca: 2. 3. 4. 5. the year. Make a provision for doubtful debts amounting to Rs. 4‚590. Stock on 31st March 2006 was valued
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multiple-choice questions from the information presented in Chapter 1 through Chapter 13. Each question is worth 2.5 points. This study guide indicates the items you should review before taking the exam. GOOD LUCK! CHAPTER 1 1. Know the 3 forms of business entities 2. Know the definitions of revenues and expenses 3. Know the difference between internal and external users 4. FASB – responsible for GAAP (accounting principles) 5. Accounting Equation 6. Know the 3 activities that business engage
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Associate Level Material Appendix E For this assignment‚ complete this chart to create an easy-to-read reference that will help you understand how the two forms of diabetes mellitus differ. Maintaining proper levels of insulin is critical for diabetes patients. The means by which insulin can be regulated depends upon which type of diabetes a patient has. Complete the chart with a 25- to 50-word response for each box. |Form of diabetes |Age of onset |Defects in
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