198 Accounting Standard (AS) 14 (issued 1994) Accounting for Amalgamations Contents INTRODUCTION Definitions EXPLANATION Types of Amalgamations Methods of Accounting for Amalgamations The Pooling of Interests Method The Purchase Method Consideration Treatment of Reserves on Amalgamation Treatment of Goodwill Arising on Amalgamation Balance of Profit and Loss Account Treatment of Reserves Specified in A Scheme of Amalgamation Disclosure Amalgamation after the Balance Sheet Date ACCOUNTING STANDARD
Premium Balance sheet Asset Generally Accepted Accounting Principles
Managerial Accounting 10th of March Anhar Hardjakusumah Understanding Cost Concepts Cost Terminology Product (Manufacturing over(head+ direct labor and materials) and Period Cost (selling + administrative) Variable and Fixed Cost Direct and Indirect Cost Controlable and uncontrollable cost Differential (the difference between the cost of two alternative decisions) Marginal (the change in the total cost that arises when the quantity produced has an increment by unit. That is‚ it is the cost of
Premium Costs Inventory
Managerial Accounting and Control Decision Making: Relevant Costs and Benefits Case 14-62 Roy Kondoy Shella Faye Sportway Corporation • Sportway is a wholesale distributor supplying a wide range of moderately priced sports equipment to large chain stores • Products: 60% purchased‚ 40% manufactured • The company has a Plastics Department that is currently manufacturing molded fishing tackle boxes • Sportway is able to manufacture and sell 8‚000 tackle boxes annually‚ making full use of its direct-labor
Premium Trigraph
W. Fellin · H. Lessmann · M. Oberguggenberger · R. Vieider (Eds.) Analyzing Uncertainty in Civil Engineering Wolfgang Fellin · Heimo Lessmann Michael Oberguggenberger · Robert Vieider (Eds.) Analyzing Uncertainty in Civil Engineering With 157 Figures and 23 Tables Editors a.o. Univ.-Prof. Dipl.-Ing. Dr. Wolfgang Fellin Institut f¨ r Geotechnik und Tunnelbau u Universit¨ t Innsbruck a Technikerstr. 13 6020 Innsbruck Austria em. Univ.-Prof. Dipl.-Ing. Heimo Lessmann Starkenb¨
Premium Geotechnical engineering Civil engineering Soil mechanics
for the project. A non-project example of this is the act of preparing food at a restaurant – the chefs must ensure that the main course and garnishes are ready at exactly the same time so that plating can be done without impacting quality. Which metric does a project manager have most control over: cost variance‚ schedule variance‚ cost performance index‚ or schedule performance index? Explain how so. Which one does a project manager have least control over? A project manager
Premium Project management Accounting software Activity
HOW MANAGERIAL ACCOUNTING ADDS VALUE TO ORGANIZATION 1. INTRODUCTION Management accounting provides accounting and related information to support the management of an organization in its internal decision-making. It includes product costing‚ relevant costing‚ cost-volume-profit analysis‚ capital budgeting‚ and operational‚ tactical‚ and strategic planning. A major activity included in the management accounting is the measurement of costs of processes that create value. Management accounting is
Premium Management accounting Strategic management Management
Chapter 1 Cost Accounting: Information for Decision Making Solutions to Review Questions 1-1. Financial accounting is designed to provide information about the firm to external users. External users include investors‚ creditors‚ government authorities‚ regulators‚ customers‚ competitors‚ suppliers‚ labor unions‚ and so on. Cost accounting systems are designed to provide information to internal users (managers). This difference is important‚ because it affects the design of the systems. Financial
Premium Costs Cost accounting Variable cost
of 2‚000 hours of welding time are avail-able annually on the machine. Since each drum requires 0.8 hours of welding time‚ annual production is limited to 2‚500 drums. At present‚ the welding machine is used exclusively to make the XSX drums. The accounting department has provided the following financial data concerning the XSX drums: Management believes 3‚000 XSX drums could be sold each year if the company had sufficient manufacturing capacity. As an alternative to adding another welding machine
Premium Psychology Communication Writing
stated earlier‚ is to clearly identify the problem. For example‚ at my office we purchased a new accounting system‚ as the current accounting system limited reporting capabilities. It was an organizational goal to be able to report on very specific information; however the current system would not allow us to meet this goal. To tackle this problem‚ management decided to purchase a new accounting system. Purchasing a program that will structure financial information as required by the federal
Premium Accounting software Enterprise resource planning Decision making
following discussion‚ I will examine how senior management in general and MBA graduates in particular can use the field of Managerial Accounting to make decisions/plan and control employees in order to maximise Profits. For clarity throughout this essay‚ senior managers and MBA graduates should be considered as one in the same. Managerial Accounting Defined Managerial Accounting is the process of using information systems to provide data to senior managers who then use this data for decision-making/planning
Premium Revenue Management