"Differences and similarities in financial reporting in a for profit and government organization" Essays and Research Papers

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    Mandated Reporting

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    Mandated Reporting Reporting child abuse often becomes an ethical dilemma because violating a client’s right to confidentiality and breaking the law are both considered unethical behavior. There are many factors a social worker must take into consideration when making a report of child abuse such as; circumstances of the suspected abuse‚ professional and ethical standards‚ and legal requirements. However‚ there are guidelines and a Code of Ethics to help social workers ensure this process is

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    Debt and Profit

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    unexpected introduction of foreign exchange control restrictions by their country’s government during the credit period (i.e. if they are trading internationally). They are dead. In these circumstances‚ a business might decide to give up expecting payment and to write the debt off as a lost cause. Businesses normally make provisions for such cases. Provisions are those amounts which are set aside out of the profits for a specific purpose e.g. provisions for bad debts‚ doubtful debts or depreciation

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    Reporting Verbs

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    ACADEMIC LEARNING AND LANGUAGE LEARNING GUIDE Reporting Verbs In academic writing‚ you will often need to refer to the research of others‚ also called secondary sources. A reporting verb is a word which is used to talk about or report on other people ’s work. Reporting verbs can be used to great effect‚ but the difficulty with using them is that there are many‚ and each of them has a slightly different and often subtle meaning. Introduction In academic writing‚ it is important to present

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    For-Profit Education

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    For-Profit Education For-Profit education has been present for many years however has recently become a popular commodity. The for-profit educational world has been gaining popularity for a number of reasons. These include such aspects as access‚ student population‚ financial cost‚ etc. This paper will explore For-Profit education‚ a brief history‚ the students these institutions aim to serve‚ the intended focus of For-Profits and quality‚ the impact on higher education‚ and the roles of student

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    * Economic authority | Sumerians believed in Polytheism and devoted all their prayers and offerings to their Gods‚ in believing that they controlled the nature of their agriculture. City-states ruled by a king who claimed divine authority. The government helped regulate religion and enforce duties‚ also providing a system of courts for justice. To keep his people in order King Hammurabi created a document for his people creating justice for the innocent and the guilty. Each city-state regulated

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    with another couple of whom one was seriously injured. Both Lincoln and Kennedy’s autopsy was performed by Military Personnel. These coincidences are easily explained as the simple product of mere chance. It’s not difficult to find patterns and similarities between any two marginally related sets of data‚ and coincidences similar in number and kind can be found between many different pairs of Presidents. Our tendency to seek out patterns wherever we can stems from our desire to make sense of our world;

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    Profit Margin

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    This column covers fundamental analysis‚ which involves examining a company’s financial statements and evaluating its operations. The analysis concentrates only on variables directly related to the company itself‚ rather than the stock’s price movement or the overall state of the market. Profit Margin Anal ysis A company’s stock price‚ in large part‚ is driven by the company’s ability to generate earnings. Therefore‚ it is useful for investors to analyze the profitability of a company before

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    Profit and Loss

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    Profit and loss accounts‚ balance sheets Profit and loss accounts‚ balance sheets Two of the most important financial statements for a business are the Profit and Loss Account‚ and the Balance Sheet. The Profit and Loss Account shows the profit or loss of a business over a given period of time e.g. 3 months‚ 1 year‚ etc. In contrast‚ the Balance Sheet is like a photograph taken at an instant in time giving a picture of what the business owns and what the business owes at that moment in time

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    Profit Determination

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    Profit Determination Prepared by John Hoggett and Clare Innes Measurement of Profit • Cash basis • Cash income received - Cash expenses paid – Revenues recorded when received – Expenses recorded when paid • Accrual basis • Profit = Income (incl. Revenues) - Expenses – Revenue is recognised when the anticipated inflow of economic benefit can be reliably measured – Expenses when the consumption of benefits can be reliably measured 2 Adjusting Entries • The need for adjusting entries-

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    Servant Leadership is a model of a leadership style that is commonly misunderstood. On top of that‚ many people believe that servant leadership is directly connected to Christianity and no other religion applies. Christianity is not the only religion that demonstrates servant leadership; other religions have examples of servant leadership within their core beliefs. The title itself does bring some confusion‚ with word servant being connected to the word leadership. Not to mention that in different

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