Ch 8: Financial Reporting and Management Reporting System GL master ledger: the principal file in the GLS database. Based on chart of accounts. FRS draws upon GL master to produce the firm’s financial statements General ledger history file and journal voucher history file- prior period info Responsibility center file: contains revenues‚ expenditures‚ and other resource utilization data for each responsibility center in the organization (used for responsibility reports) Budget master file: contains
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FRAMEWORK FOR FINANCIAL REPORTING SCOPE OF THE FRAMEWORK The existing framework deals with the ■ Objectives of financial statements; ■ Qualitative characteristics of financial statements; ■ Elements of financial statements; ■ Underlying Assumptions; ■ Recognition of the elements of financial statements; ■ Measurement of the elements of financial statements; and ■ Concepts of capital and capital maintenance OBJECTIVES The objective of general purpose financial reporting. The objective is
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International Financial Reporting Standards 1st Trimester – 2013/2014 Case 1 – BMW and Apple João Candeias – 152113189 Nuno Andrade – 152113187 Pedro Carvalho – 152113116 2) Compare
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needed to be cleared and the resort refurbished. He reported back to headquarters that with a bit of luck he should have the resort up and running in a matter of months. Little did he realize how soon he would regret making such a promise. The problems began immediately when he was unable to recruit workers to help clean up the mess at the resort. The Burmese migrant workers who comprised a significant portion of the workforce in this region had fled into the hills out of growing fears of being
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An Oracle White Paper March 2011 Project Performance Reporting A Description of the Solution PPR: A Description of the Solution Executive Overview ........................................................................... 1 Introduction ....................................................................................... 1 Approach and Scope ..................................................................... 1 Scope ............................................................
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app as they became familiar within the social network. Content of the app grows along with the social network. For the app to be profitable‚ it must cover larger Metropolitan areas in Canada or the entire country. Fast solution to the content problem must be found in order to expand into the United States. Figure out how to generate the database and how to pay for it. Find out if there were already databases that could be used to generate the content. Figure out the cost of hiring workers and
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A branch and bound algorithm for the robust spanning tree problem with interval data R. Montemanni∗‚ L.M. Gambardella Istituto Dalle Molle di Studi sull’Intelligenza Artificiale (IDSIA) Galleria 2‚ CH-6928 Manno-Lugano‚ Switzerland Abstract The robust spanning tree problem is a variation‚ motivated by telecommunications applications‚ of the classic minimum spanning tree problem. In the robust spanning tree problem edge costs lie in an interval instead of having a fixed value. Interval numbers
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Reporting Practices and Ethics Paper By: Harmony Labanowski HCS/405 Instructor Jay Christensen April 18‚ 2011 Four Elements of Financial Accounting Planning is when the financial manager identifies the steps that must be taken to accomplish the organization’s objectives. The purpose is to identify objectives and then to identify the steps required for accomplishing these objectives. Controlling is when the financial manager makes sure that each area of the organization is following the
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Directions: The following table shows the particulars regarding the members and the number of books issued to them in December 1992 in a city. Refer to the following to answer the question that follow. Class of Members | A | B | C | D | Total | No. of members | 218 | 137 | 87 | 96 | 538 | Books Issued | Novels | 387 | 864 | 283 | 713 | 2247 | | Sports Magazine | 58 | 137 | -- | -- | 195 | | Other Books | 24 | 126 | 382 | 410 | 942 | | Total Books
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Importance of Knowledge Based Reporting Name: Institutional Affiliation: One of the most imperative attributes that a journalists should have is being knowledgeable. For journalist to convey news that are truthful‚ they have to exhibit professional discipline in the assembly and verification of facts about the particular subject they are writing about. They have to be able to convey a reliable and a fair account of the meaning and validity of the subject matter. In order for journalist to
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