accountant is very broad. There are many jobs that you can have and still be called an accountant. You can do taxes‚ be a staff accountant‚ or even a bookkeeper. Accounting is basically just recording and analyzing financial transactions. Accounting is important in every business or industry and really in our everyday lives. Accounting is also just balancing your personal check book. Accountants no matter what you title basically all do the same type of thing. When you are an accountant for a
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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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| (P) other | (C) for | (F) of | (J) that | (M) with | (Q) because | Carbon dioxide is the gas largely blamed for global warming. It has reached record-high levels (1) _______ the atmosphere after growing (2) _______ an accelerated pace in the past year‚ say scientists monitoring the sky from the 3km-high Mauna Loa Observatory atop a Hawaiian volcano. The reason (3) _______ the faster build-up of the most important greenhouse gas will require further analysis‚ experts in the United States
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Sources. Our aim is to provide high quality and very competitive services to our customers to allow them to save money while enjoying the excellence. The co founder of the company‚ have both a background in human resources‚ with a long and fruitful past experience‚ working with private sector and NGOs. This expertise gives us a valuable insight of the human resources market and the general common gaps faced by customers. We will use our education skills (MBA with concentration in human resources)
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INTRODUCTION In 1975 the Corporate Report was published‚ this was the outcome from the Accounting Standards Steering Committee’s wide ranging discussion paper and in part considered the usefulness of financial statements (Dunn‚ April 2002) discusses that to meet their basic objective financial statements must be useful; and the information relevant and reliable. Information will have relevance if it influences the decisions of the users. Relevance and reliability are primary characteristics relating
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Principles Of Accounts May/June 2007 SECTION 1 Answer ALL questions in this section. 1.(a) List THREE distinguishing features of a partnership concern. (3 marks) (b) Skerritt and Cymbal are in Partnership sharing profits and losses in the ratio of their capital balances. The following balances were left over in their books after the preparation of the Trading and Profit and Loss Account on September 30‚ 2006. Capital Accounts: Skerritt $30 000 Cymbal $40 000 Current Accounts: Skerritt
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Grade 10 Maths Cass Tutorial 2014 TRIGONOMETRY Handed out: 25 APRIL 2014 Due Date : 14 MAY 2014 Validation Test : 14 MAY 2014 COMMON TEST: 16 MAY 2014 If you score below 50% in the validation test‚ then any marks awarded for completeness or punctuality will be ignored. Your percentage will be based purely on your test result out of 15. If you score 50% or more‚ then up to 10 additional marks may be added to your test result and your percentage will then be based on your combined
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1. The Parliament is an essential part of UK politic and has the responsibility of approving or making new laws. Before an item of legislation becomes a law‚ it may first be known as a bill. The bill must then be agreed by both side of the house (House of Lord & House of Common) and could also be voted against by either side‚ in which case it does not become a law. However‚ if the Common passes the bill in two successive years‚ it has the possibility of becoming a law without being agreed
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they prepare for LCCI International Qualifications. The contents of this booklet are divided into 3 elements: (1) Questions – reproduced from the printed examination paper (2) Model Answers – summary of the main points that the Chief Examiner expected to see in the answers to each question in the examination paper‚ plus a fully worked example or sample answer (where applicable) (3) Helpful Hints – where appropriate‚ additional guidance relating to individual questions or
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Chapter 1 Financial Accounting A system through which managers report financial information about an economic entity to a variety of individuals who use this information for various decision making purposes. The process of identifying‚ recording‚ summarizing‚ and reporting economic information to decision makers. Managers of Companies Must Understand 2 Things: 1) Economic Consequence Perspective: Considering and understanding how such events affect the financial statements. 2) User Orientation:
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