MEANING OF ACCOUNTING: Accounting is the process of recording‚ classifying‚ summarizing‚ analyzing and interpreting the financial transactions of the business for the benefit of management and those parties who are interested in business such as shareholders‚ creditors‚ bankers‚ customers‚ employees and government. Thus‚ it is concerned with financial reporting and decision making aspects of the business. The American Institute of Certified Public Accountants Committee on Terminology proposed in
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title: An investigation report on accounting and financial control Submission date: 21st September 2012 Submitted by: Ahmed Shahir ATHE registration number: Table of contents Introduction 2 Purpose and requirements for keeping financial records 3 Techniques for recording financial information 3 Legal and organisational requirements of financial purpose 4 Usefulness of financial statements to stakeholders 5 Difference
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Dunlop’s system theory with Fair Work Act 2009 The system theory of John Dunlop is one of the traditional perspectives on the employment relationship. He trusts that if stakeholders bound together over a settled ‘web of rules’ can be seen as a distinct system in industrial relation. According to Dunlop (cited in Teicher‚ Holland & Gough 2006‚ p.34)‚ he explains “The establishment and administration of these rules is the major concern or output of the industrial relation sub system
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ACC 2242 Assign#4.. Due Date …..Wednesday…Aug 07‚ 2013 8-35B 8-40B Fibre Systems Best Use of Facilities Analysis Make Buy and Use Facilities for Other Product Variable unit cost of obtaining the optical switches $ 13 $ 11 Number of optical switches × 80‚000 × 80‚000 Total variable cost of obtaining 80‚000 optical switches $1‚040‚000 $880‚000 Expected profit contribution from the other product — (130‚000) Expected
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Cities‚ Charles Dickens asserts his belief in the possibility of resurrection and transformations both on a personal level and a society level.”( Xiaohua and Liu Dingyuan‚ Vol. 3‚ p.1).The most significant character that represents resurrection is Sydney Carton‚ he appears at the first as a lazy‚ alcoholic lawyer who cannot even care about the smallest amount of interest in his own life. Carton was the lawyer of Charles Darnay‚lucie`s husband. Carton was angry of Darnay because when he told lucie
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Weygandt‚ Paul D. Kimmel‚ and Donald E. Kieso‚ accounting principles 2012 Microsoft Corporation‚ Template http://office.microsoft.com/en-us/templates/pro-forma-income-statement-TC101877359.aspx A Securities and Exchange Commission Staff Paper November 16‚ 2011‚ A Comparison of U.S. GAAP and IFRS http://www.sba.gov/category/navigation-structure/starting-managing-business/starting-business/how-write-business-plan University of Washington‚ Financial Accounting‚ http://f2.washington.edu/fm/fa/internal-controls
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Chapter 1 Financial Statements and Business Decisions EXERCISES E1–2 Req. 1 READ MORE STORE Balance Sheet As at December 31‚ 2008 |ASSETS | |LIABILITIES AND SHAREHOLDERS’ EQUITY | | | | |Liabilities | | |Cash |$ 48‚900
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THE EFFECTS OF ACCOUNTING CONCEPTS ON FINANCIAL STATEMENT 5.1 ENTITY CONCEPT The first accounting concept is entity concept. These concept shows accounts are kept for entities and not the people who own or run the company. Even in proprietorships and partnerships‚ the accounts for the business must be kept separate from those of the owners. This is because what whatever amount the company owes to others is not the liabilities of the owners. The maximum amount that the owner is going to lose
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Ethics in Accounting and Financial Decision Making Fin 324 February 5‚ 2007 Ethics in Accounting and Financial Decision Making In his article‚ "Beyond Sarbanes-Oxley. Three best practices to adopt in your organization‚" the author‚ Neil S. Lebovits‚ suggests that organizations can do several things in order to ensure their ethical health. The top three practices suggested by Lebovits are to cultivate ethical role models‚ demonstrate ethical decision-making‚ and to encourage pushback. This
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UPSEE - 2009 Full Paper Section-1 Physics 1. If 3.8 × 10-6 is added to 4.2 × 10-5 giving due regard to significant figures‚ then the result will be : 1) 4.58 × 10-5 2) 4.6 × 10-5 3) 4.5 × 10-5 4) None of these 2. A ball is dropped from a bridge at a height of 176.4 m over a river. After 2 s‚ a second ball is thrown straight downwards. What should be the initial velocity of the second ball so that both hit the water simultaneously ? 1) 2.45 ms-1 2) 49 ms-1 3) 14.5 ms-1 4) 24.5 ms-1 3. Which of the
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