In- House Vs Outsourced Accounting Services We have mentioned time to time how important it is for a business entity to have a good accounting department and have up to date and accurate accounting books. A business entity will require an accounting information so as to enable it manage and control its finances and resources. It also needs it for it to be able to improve on its level of profit earning‚ should it realizes it is declining in its profitability level. But most small to midsized companies
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Cloning: Is it Science Fiction or Science Fact? Diane Norton June 2‚ 2010 Cloning is it Science Fiction or Science Fact? It is true that medical advances can save lives‚ but does new medical technologies go‚ too far. Cloning’ medical benefits are astounding. There were medical advances that were unethical‚ for example heart transplants or other organ transplants and "test tube" babies‚ but are now considered being‚ the "norm". That being
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Accounting Theory There is always a reason behind each and every action of a human being. A man does not anything without any sound reason. Regarding Finance‚ or financial matters‚ a man is always extra cautious and so‚ he never makes any financial transaction without any reason. As accounting deals with financial transactions‚ so every accounting work is also based on reasoning. Accounting Theories always try to explain with reason‚ the logic underlying a particular practice. Generally Accepted
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Advancement of Accountancy Profession in Nigeria: A Collaborative Effort of Practicing Accountants and the Academia By Abubakar Salisu B. Sc‚ M.Sc‚ MBA‚ ACA‚ AMNIM Lecturer‚ Department of Accounting‚ Ahmadu Bello University‚ Zaria. ABSTRACT The Nigerian environment of accountancy profession has found it difficult to bring together accountants in the academics and in practice for the advancement of the profession. Whereas the accountants in practice are viewed as the real professional
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Computer science From Wikipedia‚ the free encyclopedia Computer science (abbreviated CS or CompSci) is the scientific and practical approach to computation and its applications. It is the systematic study of the feasibility‚ structure‚ expression‚ and mechanization of the methodical processes (or algorithms) that underlie the acquisition‚ representation‚ processing‚ storage‚ communication of‚ and access to information‚ whether such information is encoded in bits and bytes in a computer memory or
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Jim McFie‚ a Fellow of the Institute of Certified Public Accountants of Kenya FASB (the Financial Accounting Standards Board‚ a US body) was the first organization to develop “Concepts Statements”. All the other “Concepts Statements” have been based on those developed by FASB. A new “Conceptual Framework for Financial Reporting” was worked on jointly by FASB and IASB (the International Accounting Standards Board) and was published simultaneously by FASB and IASB in September 2010. It deals with
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operates. Therefore‚ in order to properly evaluate Caesars Entertainment Corporation‚ the gaming industry must be taken into consideration. Specifically‚ industry trends and strategies‚ competitors‚ business processes‚ regulation and oversight‚ special accounting and financial reporting practices‚ internal controls‚ major risks‚ as well as the implications of those risks will be addressed. Industry Trends and Strategies While the gaming industry was once considered to be “recession proof‚” it endured
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LEAN ACCOUNTING: BEST PRACTICES FOR SUSTAINABLE INTEGRATION "Costs do not exist to be calculated. Costs exist to be reduced.” – Taiichi Ohno‚ father of the Toyota Production System Lean Accounting-It is simply the application of lean principles to the accounting and associated functions within the enterprise. The idea is simple‚ but the application is not obvious within the framework of traditional accounting systems. Lean Accounting was born in the early 90’s through the experiences
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EYES IN Magazine Edition 48 Explores Innovative Fashion‚ Beauty‚ Books‚ Science & Art 1888 Press Release - Vivian Van Dijk‚ Editor-in-Chief and President of EYES IN™ Magazine‚ has released the interactive‚ 48th digital edition of EYES IN™ Magazine. Vivian Van Dijk‚ Editor-in-Chief and President of EYES IN™ Magazine‚ has released the interactive‚ 48th digital edition of EYES IN™ Magazine‚ which explores the innovation of fashion designer Antoine Salameh of LaBourjoisie; perfumer Alex Lee; author
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E-Accounting. E-accounting is the application of online and Internet technologies to the business accounting function. Similar to e-mail being an electronic version of traditional mail‚ e-accounting is "electronic enablement" of accounting and accounting processes which are more traditionally manual and paper-based. E-accounting involves performing regular accounting functions‚ accounting research and the accounting training and education through various computer based /internet based accounting
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