3101AFE Accounting Theory and Practice Seminar Questions for Seminars 1- 6: Semester 1 2015 SEMINAR 1 - Semester 1 2015 Deegan Topic 1: Introduction to financial accounting theory QUESTION 1 – Question 1.2: If you developed a theory to explain how a person’s cultural background influences how they prepare financial statements‚ would you have developed a positive theory or a normative theory? QUESTION 2 - Question 1.3: What is a conceptual framework‚ and would it be considered to be a positive
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M. SUBJECT: CPA Essay Writing Formula TO: Alexander Luther‚ CPA candidate FROM: Azim Jivani‚ CPA DATE: February 18‚ 2011 It has been brought to my attention that the current CPA exam has gone through some changes primarily in the writing section. “To earn points for a written communications question‚ candidates must read a description of a situation or scenario‚ and must write a document that relates or responds to that scenario” (CPA). There is almost a formula that which CPA candidates can
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SEMINAR 4 - Semester 1 2015 Deegan Topic 6: Chapter 10: Reactions of capital markets to financial reporting Talin Raya – s2900133 QUESTION 1 – Question 10.9 (NEW): If individuals have access to insider information and are able to make large gains on a securities market as a result of using information that is not widely known‚ then is this an indication that the market is inefficient? Individuals that have access to insider information have a significant advantage over those that don’t in regard
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CPA Law Exam II Notes Chapter 19: Formation & Terms of Sales Contracts Sale of Goods: UCC Article 2. Applies only to transactions involving goods. (Personal Property: Depends on how property is used. Ex: Brick in building = Real Property. Brick in riot = Personal). If it’s a mixed trxn‚ the predominant part determines which law is applied. If goods are the incidental part‚ common law applies. Common law is for services and sale of real property. Lease: UCC Article 2A. Transfer of the
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Assignment-1 Cost Concept-29-09-2014 Question 1: Cost drivers and functions: The list of representative cost drivers in the right column below are randomized with respect to the list of functions in the left column. That is‚ they do not match. Function Representative Cost Driver 1. 2. 3. 4. A. Number of invoices sent B. Number of purchase orders C. Number of Research scientists D. Hours of computer processing unit (CPU) E. Number of new hires F. Number of transaction processed Accounting Personnel
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MEMORANDUM To: New World Publishing Inc. From: Alex Wallace Subject: Debt Exchange for New World Publishing Inc. Date: February 18‚ 2014 Introduction Upon your request for suggestions on the exchange of debt‚ I examined and analyzed related events and current accounting codification regarding debt exchange. After performing analysis of the Accounting Standards Codification established by the Financial Accounting Standards Board (FASB)‚ I have determined that New World should treat the exchange
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Master of Business Administration Sem 1 Human Resource Management Assignment Set- 1 Q1.What are the objectives of job evaluation? Answer : Objectives of Job Evaluation The decision to measure or rate jobs should only be made with the intent to reach certain objectives which are important to both management and the employee. Although there are many side benefits of job evaluation‚ the purpose is to work towards a solution of the many wage and compensation related administrative problems which confront
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Governmental and Nonprofit Accounting March 2014 - CPA EXAM Quiz – Answers and Explanations [1] Net assets is an element of the financial statements of not-for-profit entities (NFPs). It A. Net assets equal the residual interest in the assets of an entity that remains after subtracting its liabilities. For a business enterprise‚ equity (the ownership interest) is the analogue of net assets. In an NFP‚ which has no ownership interest in the same sense as a business enterprise‚ the net assets
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A. THEORY Field Sl. No. 1 2 3 4 5 B. 6 7 8 HU101 PH101/ CH101 M101 ES101 ENGLISH LANGUAGE & TECHNICAL COMMUNICATION Theory Contact Hours/Week L 2 3 3 3 3 0 0 1 T 0 1 1 1 1 0 0 0 P 0 0 0 0 0 3 3 3 Total 2 4 4 4 4 18 3 3 4 10 0 0 0 0 2 2 2 2 4 32 Credit Points C. 9 10 Chemistry -1 (Gr-B) / Physics – 1 (Gr-A) Mathematics-1 Basic Electrical & Electronic Engineering – 1 (GrA+GrB) ME101 Engg. Mechanics Total of Theory PRACTICAL PH191/ Chemistry -1 (Gr-B)/ CH191 Physics – 1 (Gr-A) ES191 Basic Electrical
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Individual CPA Report Kendall Nicholson University of Phoenix Financial Reporting ACC 545 Mario Ducret July 31‚ 2012 Individual CPA Report Internal Memorandum Date: July 31st‚ 2012 To: Ms. Liza Stephens‚ CEO From: Kendall Nicholson‚ CPA Subject: CPA responsibilities regarding subsidiary. Dear Ms. Stephens. Per your request‚ I am providing you with information regarding explanations about the subsidiary that has been set up as a corporation. This explanation includes the methodology
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