Chapter 10 Auditing the Revenue Process SEC SAB101: Revenue recognition 1. 有persuasive evidence 有证据 2. Delivery occurred‚ service rendered，东西给了服务于需求 3. Price is fixed/determinable 价格固定 4. 有collectability钱收的回来 Fraud Risk in Revenue cycle: 欺诈风险 1. Side agreement: off-book‚ adjust record to entice customer 2. Channel stuffing: 填塞分销渠道，造成销售假象 inflate sales by forcing product through a distribution channel 3. Related party transaction: 实质重于形式原则substance over form是指企业应当按照交易或事项的经济实质进行会计核算，而不应当仅仅按照它们的法律形式作为会计核算的依据
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WWW.IBISWORLD.COM DebtCollectionAgenciesintheUS October 2012 Paying off: Debtors had trouble paying out‚ but the recovery will return balance to the industry IBISWorld Industry Report 56144 Debt Collection Agencies in the US October2012 EbenJose 2 AboutthisIndustry 18 International Trade 36 KeyStatistics 2 Industry Definition 19 Business Locations 36 Industry Data 2 Main Activities 2 Similar Industries 21 CompetitiveLandscape
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accounting cycles in an organization are: The revenue cycle‚ expenditure cycle‚ financing cycle‚ fixed assets cycle‚ and the conversion cycle. The revenue cycle is the set of activities in a business bringing about the exchange of goods or services with customers or consumers for cash‚ such as sales orders‚ accounts receivables‚ cash receipts (Hall‚ 2004)‚ and cost of goods sold. The expenditure cycle is an external exchange of information between vendors and the company. The expenditure cycle takes information
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Case Title: The Shipping Industry Accounting Team Case summaries must be submitted before class‚ on the days they are called in‚ to receive marks. 1) What type of team was formed here? Was it necessary‚ in your opinion? A virtual team was formed here. I think it was necessary‚ because all of the three firms made a decision together to not focus the whole business on only one office. Teams were put together with members from different areas of the country and had to communicate
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(2010) “Internet and Mobile Banking in Kenya: An empirical study of customers on Value attributes” Punjab Journal of Management Studies‚ January (INDIA) 4. Nyangosi‚ R. (2010) “Cyber Terrorism and Legal Framework for e-Finance with relevance to Cash Dispensing Machines in India” Proceedings of National Seminar on Security Issues of e-transaction in Banking and Financial Sector‚ January 23rd24th‚ pp.6-13 5. Nyangosi‚ R.‚ Arora‚ J.S.(2009) “Determinants of ATM adoption in Kenya: an empirical
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taxpayers and Tanzania revenue Authority staff especially from the department of Taxpayers’ services and Education Department. Background to the Study: In this assignment the discussion is critically based on the impact of taxpayers’ education provided by Tanzania Revenue Authority (TRA) to the taxpayers’ compliance on tax law and tax revenue collection The taxpayers Service and Education is one of the key functions of Tanzania Revenue Authority (TRA) conducted in order to educate taxpayers
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Table of Contents Trend Growth: Economic Growth in the 2010s 1 Economic Structure: An even more of a services economy 2 Household Consumption 3 Expenditure of Households: Food 4 Expenditure of Households: Services 5 Consumer Durables Penetration Rates (%) 6 Energy Consumption 7 Consumption of Agriculture Commodities 8 Poverty 9 Additional Employment Generation (millions) 10 Fastest Growing Non-Agri Occupations in the 2010s (millions) 11 Urbanization 12 Income Distribution 13 Comparison
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research does not provide ‘valid knowledge’ that supports solving management and organisation problems. Leading to the research hypothesis H1: management research does provide support in solving mgt and org problems. What ‘theory’ you could or should be used in your dissertation about applied management sciences depends on your knowledge about management theories‚ the ‘problem’ and the ‘research question’. It could relate to accounting systems‚ IT‚ marketing‚ strategy‚ decision making‚ project management
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Security Checklist for the XYZ Company 1. PO1.3 Assessment of Current Capability and Performance 2. PO2.3 Data Classification Scheme 3. AI6.1 Change Standards and Procedures 4. DS4.1 IT Continuity Framework 5. DS5.2 IT Security Plan 6. DS5.3 Identity Management 7. DS5.5 Security Testing‚ Surveillance and Monitoring 8. DS5.9 Malicious Software Prevention‚ Detection‚ and Correction 9. DS5.10 Network Security 10. ME1.3 Monitoring Method Supporting Explanation for
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ISSUES IN ACCOUNTING EDUCATION Vol. 27‚ No. 2 2012 pp. 493–524 American Accounting Association DOI: 10.2308/iace-50124 How Adjusting Entries Affect the Quality of Financial Reporting: The Case of Frosty Co. Jason C. Porter ABSTRACT: Recent accounting scandals have emphasized the need to think beyond debits and credits. Accounting students must understand the effects of transactions on a company’s financial position‚ as well as the pressures and incentives they will someday face to misrepresent
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