Reflective Report During the last term‚ i have had learned some knowledge from the subject called introduction to finical accounting. For me‚ this is the first time I had chance to learn this subject‚ before that I just heard some information about IFA by reading the FT newspaper and watching the news. When I start learning that‚ this subject gives me the impression that it is difficult to understand. During the past few months‚ I can say I already mastered some of the skills in IFA. I can still
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should support both formal and informal communication. Formal communications can include reports and accounting statements. Informal communications can include conversations and notes. Formal Communication Information transmitted by formal communication tends to be presented in a consistent manner. Company reports‚ for example‚ will often use the same basic format. This allows the recipient to locate items of interest quickly and easily. Since formal communications tend to be
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FORMAL LETTER EXAMPLE Block 6 Avenue 35 #33-67 Hougang 89 Singapore 687909 23 March 2011 Mr John Teo Manager Mex Mall 41 Serangooon Central Singapore 780645 Dear Mr Teo‚ Proposal for a bookstore in Mex Mall I am a student from Maris Stella High School and I live in the Serangoon neighbourhood. In recent months‚ I have gone and shopped in Mex Mall that just opened. I realized that there is no bookstore although there are more than sixty shops. Without bookstores‚ people will
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of previous and future activities. It is an opportunity for the shareholders and partners to receive copies of the company’s accounts as well as reviewing fiscal information for the past year and asking any questions regarding the directions the business will take in the future. In an annual general meeting approval of accounts‚ appointment of directors‚ declaration of dividend and appointment of auditors is discussed. There are some requisites of a valid meeting. The meeting must be convened by
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REPORT The Role of Accounting in Organizations and Society Accounting plays an important role in interfacing society and organization. As it is also mentioned in Burchell article “it is presumed that accountings are there to facilitate organizational and social actions.”As we know that accounting is helpful for structuring of organizational objectives‚ to reduce financial risk‚ to make financial decisions‚ it also helps organization to take into account different stakeholders interest like investors
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Requirement to set up business in Bangladesh: Capital Structure: (1) For 100% foreign investment company incorporating as limited company in Bangladesh‚ there is no slab for initial capital investment. (2) For 100% foreign investment company incorporating in Bangladesh as Liaison/ Branch office in Bangladesh‚ initial capital required is 50‚000 USD. 1st Stage :Please find the following with relevant documents‚ schedule
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of Networking in Small Business Accounting Accountants have long faced the same dilemma faced by any professional who runs his or her own practice – should one expand one’s practice to attain a higher level of service and compensation or should one focus on running a “small” practice and reaping the fruits thereof? For many accountants‚ it may well seem as if the choice has already been made. As larger corporations have a tendency to turn toward big name accounting firms to handle their affairs
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objectives of business -----‘Accounting is dubbed “language” of business activities conducted by firms as it is used to communicate business transactions per se to all stakeholders’ According to Weygand‚ Kieso and Kimmel (2012‚ p.4)‚ the main purpose of accounting is consists of three basic activities‚ identifying‚ recording and communicating the business events by users. These three activities help the firm to operate the business to make decision be meaningful. Business has
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Discrimination Discrimination occurs when a person is treated unfairly or less favourably than another person in the same or similar circumstances. Discrimination can be direct or indirect‚ and generally takes the form of exclusion or rejection from something. The Human Rights Act 1993 protects people in New Zealand from unfair discrimination Discrimination The law protects all people from unlawful discrimination; this includes discrimination on the grounds of: * sexual orientation
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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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