"Importance of accounting in business world" Essays and Research Papers

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    delivering many packages to people all over the country. However‚ in the modern world‚ there are less packages for the mail carriers to deliver because of email and other companies. In order for USPS to stay in business‚ they should change their ways of delivering to meet the needs of the changing world. New technologies and companies are forming and replacing the task of the USPS. For the USPS to keep up with the business world ‚ they should adapt to the circumstances and try to change their working conditions

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    Business Strategy of China World Buz Student Name: Pan JingWei Student ID: 13404709 Overview Brief history CHINAWORLDBUZ CO.‚LTD‚ generally called CWB‚ was founded in 2012 by 6 college students in Shanghai‚ China. CWB is founded as an electronic business company devoted to connecting small business owner in Africa and substantial Chinese manufacturers. The ownership structure of CWB is Sino-foreign joint venture. After five months’ preparation‚ the chinaworldbuz

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    inggLecturer’s Guide Accounting for Non-accounting Students Sixth edition J R Dyson ISBN 0 273 68301 2 © Pearson Education Limited 2004 Lecturers adopting the main text are permitted to download the manual as required. Pearson Education Limited Edinburgh Gate Harlow Essex CM20 2JE England and Associated Companies around the world Visit us on the World Wide Web at: www.pearsoned.co.uk First published in Great Britain under the Pitman Publishing imprint in 1997 Second edition published

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    The Effect of Social Media in the Business World Imagine‚ for a moment‚ you are an employee in a business setting. Do you find yourself on Facebook‚ Twitter‚ or Pinterest during work? Perhaps you are reading information on Wikipedia or watching videos on YouTube? These are all forms of social media. Today our world is engulfed by it. These sites can be great tools to advertise for a business or to access information‚ but they can also be abused. In the workplace‚ social media can be a distraction

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    Table of Contents Case 1 Introduction Jill’s business is expanding while the up going GST prevent her from gaining more profits. The idea of replacing the labor with the help of new equipment will bring about an unprofitable break-even point. However Jill still insist on borrowing from bank to invest in the equipment regardless of the CVP analysis result‚ which raised some ethical issues. Analysis Question 1 Defining the stakeholders There are 5 major stakeholders arising

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    1. Effective Interest Rate on the new 10% debentures = 14.318% For the 10% debentures‚ the market value of 1 share is $19.5 (given) The equivalent of this is a cash offer of $3/share and a 10% subordinated debenture of face value of $23. So the PV (10% subordinated debentures with FV $23) = $19.5 - $3 = $16.5 The effective interest rate (yield) on the above is that interest rate ‘r’ that gives the following PV (Per period payment of ($23*5% i.e. $1.15) over 40 periods @ r) + PV

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    The lecture last night discussed accrual accounting concepts such as timing issues‚ and the basics of adjusting entries. The discussion went into more detail on periodicity assumption and how accounting divides the economic life of a business into artificial time periods. These time periods are generally a month‚ a quarter‚ or a year‚ now whether it is a fiscal year or a calendar year that is determined by the company itself. The lecture then reviews the revenue recognition principle which expects

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    SHANGRI-LA You are partner in charge of the audit of Shangri‑La‚ Inc.  The company is a real estate developer‚ specializing in luxury vacation areas.  The company’s operations have been profitable‚ although not spectacular.  Most of the development property is pledged as collateral for bank loans; there is a reasonable stockholders’ equity of about $10‚000‚000. Shangri‑La has a substantial

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    References: Warren‚ C.‚ Reeve‚ J.‚ and Duchac‚ J (2007). Accounting. 23rd ed South-Western‚ cengage learning in thousands except share data | January 3‚ 2009 | December 29‚ in thousands except share data | December 29‚ 2007 | December30‚

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    professional conduct is clear that an accountant should follow all the six principles so that a healthy work environment could be created in the interest of the company‚ society and nation. The second discussion is focused on evaluation of ethicality of accounting activities. Manipulating the financial statements for personal interest or for loyalty towards company or its executives is unethical and the person responsible for such act will be punishable. Misstatement of financial statements is ethically wrong

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