Bachelor of Commerce (Accounting) Commerce ‚ as a field‚ had always fascinated me right from my school days. I believe my penchant for this field stems from the fact that Finance runs in world and every sector requires proper finance system. My Uncle is a chartered accountant. During my school days‚ I used to go to my Uncles’s office and help him manage his portfolio of equities and other financial instruments. This was the time I learnt the first lesson of finance from my Uncle i.e. risk and
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8 Accounting theory and conceptual frameworks After studying this chapter you should be able to: & explain what accounting theory is & describe the main attempts at constructing an accounting theory & appraise current developments in the area & describe and discuss the contents of the IASB Framework & appraise the quality and usefulness of the IASB Framework in the context of its self-declared purposes & describe and discuss the parts of IAS 1 relating to accounting concepts and policies & appraise
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A & AUDIT international accounting CCOUNTING ING Accounting for Small Businesses: The Role of IFRS By Nancy Christie‚ John Brozovsky‚ and Sam Hicks F or decades‚ U.S accountants in all fields have recognized a need for a simpler set of financial reporting standards for small businesses‚ but regulators have not been willing to provide a second set of standards. Now‚ for the first time‚ there may be an answer for small firms desiring relief from the onerous reporting requirements
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Financial Statements Accounting is a function by which users can understand the internal financial workings of a company. Use of public accounting dates as far back as the late nineteenth century (Hendrickson‚ 2007) and continues today under the set guidelines that accounting professionals refer to as generally accepted accounting principles. These principles are set in the United States by the Financial Accounting Standards Board and the Securities and Exchange Commission (Weygandt‚ p. 9‚ 2008)
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Course Syllabus Basic Accounting School Year 2011-2012 First Semester I. CATALOGUE COURSE DESCRIPTION A. Course Code and No.: ACCTG 1 B. Course Title: Basic Accounting C. Course Description: Basic accounting introduces the importance of accounting and also the basic steps and techniques used. The material covered will also include coverage of the principles and procedures of the accounting cycle for a sole proprietorship and merchandising organizations. General-purpose
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PURPOSE STATEMENT From one of the famous university of Pakistan‚ The University of Lahore‚ I have completed B.Com (Hons.) specialized in Finance. I secured notable grades in my bachelor’s of commerce. Our University offered us comprehensive training in the field of Commerce‚ Finance‚ Management and Information technology etc. in all eight semesters (4 years) and covered most of the key courses of Accounting and Finance. That four years of study and enough knowledge of Accounting and Finance assure
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FINANCIAL ACCOUNTING I COURSE DESCRIPTION/OBJECTIVES The primary aim of Financial Accounting is to provide students with an introduction to the process and function of financial reporting. Whilst a large proportion of the course is aimed at understanding accounting as a process‚ taking a preparers‟ perspective‚ we will also seek to develop an understanding of the importance of the role of accounting in today’s society. LEARNING OUTCOMES After studying this course the student will be able to understand:
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Financial Statements Robert Greene Phoenix University Principles of Accounting I 290 Dr. Zeneo Williams June 18‚ 2013 Financial Statements To understand finances‚ the ability to decipher the data available must be attained. One of the tools used to do this is through financial statements. There are four prevalent statements used to achieve this. They are the balance sheet‚ income statement‚ statement of retained earnings‚ and statement of cash flows. These statements are
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Financial Statements: The Starting point In the Study Of accounting The principal means of reporting general-purpose financial information to persons outside a business organization is a set of accounting reports called financial statements. The persons receiving these reports are termed the users of the financial statements. A set of financial statements consists of four related accounting reports that summarize in a few pages the financial resources
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Statement of Purpose for Master’s in Administrative Studies at Metropolitan College‚ University of Boston. I am applying for admission to the Master’s in Administrative Studies program in the Metropolitan College‚ University of Boston‚ because I want a career in the research and teaching of management. Also I have the eagerness to learn and execute innovative methods of well-organized / resourceful management as well as possess competent Computer and Communication skills. In particular‚ I am interested
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