1. Accounting standard-setting environments 2. Financial instruments and income tax allocation 3. Introduction to intercorporate investments 4. Consolidation subsequent to acquisition 5. Intercompany transactions 6. Issues in ownership interests and joint ventures 7. Foreign activities 8. Translation and consolidation of foreign subsidiaries 9. Financial reporting in the not-for-profit and public sectors 10. Fund accounting 11. Accounting standard-setting environments
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MICRO ENVIRONMENT/ INDUSTRY ANALYSIS The environment which is close to business and affects its capacity to work is called micro or operational environment. Industry is a group of companies which offer same or similar product or services. These products and services are close substitutes of each other. It consists of: 1 Suppliers Supplier are the people who supply raw materials and required components to the companies. Increasing prices and reducing the quality of their products are potential
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MICROENVIRONMENT Micro environment means the environment with in the organization/company which is totally under the control. a. The company itself (including departments). b. Suppliers. c. Marketing channel firms (intermediaries). d. Customer markets. e. Competitors. f. Publics. 1. The Company’s Microenvironment a. The Company The first factor is the company itself 1). Top management is responsible for setting the company’s mission‚ objectives‚ broad strategies‚ and policies
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Internal Controls in Accounting for publicly traded companies. Regulations and Guidelines for the President‚ CEO‚ and CFO. 10/05/2012 By: Accounting 504 Table of Contents I. Introduction II. Rules‚ Regulations‚ and Guidelines III. Advice to LBJ Company IV. Conclusion This document is intended to serve as an informational piece regarding steps and procedures that would need to be followed for the purposes of bringing a privately held company into regulations
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Disadvantages of a Limited Company Cost – Some people will have you believe that a Limited Company is expensive to set-up. Not so! Our Company Formation packages start from as little as FREE! And include many related services and products that would cost you highly elsewhere. Complex Accounts – There are more complex and restrictive rules governing the accounts and bookkeeping of Limited Companies than sole traders (for example). The Company is expected to produce years accounts incorporating
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Running head: ETHICS IN ACCOUNTING Organizational Ethics in Accounting: A Comparison of Utilitarianism and Christian Deontological Principles Katherine Y. Masten A Senior Thesis submitted in partial fulfillment of the requirements for graduation in the Honors Program Liberty University Spring 2012 1 ETHICS IN ACCOUNTING Acceptance of Senior Honors Thesis This Senior Honors Thesis is accepted in partial fulfillment of the requirements for graduation from the Honors Program of Liberty University
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progress against plans‚ which may need modification based on feedback. Management accounting is concerned with the provisions and use of accounting information to managers within organizations‚ to provide them with the basis to make informed business decisions that will allow them to be better equipped in their management and control functions. In contrast to financial accountancy information‚ management accounting information is: usually confidential and used by management‚ instead of publicly
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I hereby submit my application to be admitted into the current MS in Accounting and Financial Management (MAFM) program. I am mostly attracted by the fact that the University is one of the most reputable universities in the state. Over the years I have learnt that persistence is one of the great virtues that help many achieve immeasurable success with confidence. Devry University offers M.S in Accounting and Financial Management with flexible class schedule and excellent education quality .The
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1. In an accounting information system‚ which of the following is NOT a transformational process? a. collecting data b. analyzing data *c. performance reporting d. summarizing data 2. Which of the following is NOT a process associated with an accounting information system? *a. auditing existing data b. collecting and recording data c. providing information to users d. analyzing and managing data 3. In an accounting information system‚ the inputs are usually a.
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depositors. Begin with accounting principles from Islamic perspective‚ this paper discusses the concept of accrual and cash basis and scholar opinion about this basis of accounting. Both accrual and cash basis implementation with its advantages and disadvantages also discuss in this paper. An alternative method to improve fair and just between bank and customer is proposed. 1. Introduction The growth of Islamic financial market and institution create the need for different accounting requirement. This
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