Content 1 Introduction 1 1.Task one 2 The models and concepts affecting the pricing decisions taken by organisations‚ critically reflecting upon their usefulness 2 2‚ Task two 6 The role of standard costing and variance analysis in management accounting and a critically discussion of the value and limitations of variance analysis as a means of identifying key areas which have contributed to the overall profit figure. 6 3‚ The advantages and disadvantages of introducing an Activity Based Costing
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Characteristics of a private sector? 1.these businesses are owned by ordinary people 2.get loans from the commercial banks and savings 3.maximizes profit 4.import and export goods for public 5.provide both goods and services. From Wikipedia‚ the free encyclopedia Jump to: navigation‚ search Public services is a term usually used to mean services provided by government to its citizens‚ either directly (through the public sector) or by financing private provision of services. The term
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and develop the accountancy professions in Malaysia. MIA’s responsibilities include education and quality assurance as well as enforcement which are carried out to ensure that the credibility to the profession is maintained and that public interest is continuously upheld. Its regulatory role is carried out through the following approaches:- * Having an effective and competitive assessment framework in admitting members into MIA to ensure that the profession is able to meet public
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Accounting Homework Individual Chapter 7 Question 1&2 1. (a) What are generally accepted accounting principles (GAAP)? In the U.S.‚ generally accepted accounting principles‚ commonly abbreviated as US GAAP or simply GAAP‚ are accounting rules used to prepare‚ present‚ and report financial statements for a wide variety of entities‚ including publicly-traded and privately-held companies‚ non-profit organizations. (b)What bodies provide authoritative support for GAAP
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Bank Prudential Regulation Bank regulations are a form of government regulation which subject banks to certain requirements‚ restrictions and guidelines. This regulatory structure creates transparency between banking institutions and the individuals and corporations with whom they conduct business‚ among other things. Given the interconnectedness of the banking industry and the reliance that the national (and global) economy hold on banks‚ it is important for regulatory agencies to maintain control
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main theories that explain the politic process of accounting standard setting and regulatory process in Australia. Explain critically the main elements of this theory and illustrate with examples. How does this theory operates in the real world. Public interest theory holds that regulation is supplied in response to the demand of the public as a result of inefficient or inequitable market practices. Initially it is assumed to benefit society as a whole rather than particular vested interests. The
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ENVIRONMENTAL REGULATION OF OFFSHORE (E&P) WASTE MANAGEMENT IN NIGERIA: HOW EFFECTIVE? Ibrahim Sidikat Modupe The University of Sheffield The Environmental Regulation of Offshore Waste management in Nigeria has been documented in an article published by Law Environment And Development [1].Evidence suggest that‚ Director of Petroleum Resources has to adopt measure to ensure the adequate regulation of offshore oil and gas E&P waste management [3] and further evidence suggest that
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Bakery Business Plan Ericson Bakery (EB) Executive Summary Introduction Ericson Bakery (EB) is a start-up coffee and bakery retail establishment located in the heart of Eldoret Town. EB expects to catch the interest of a regular loyal customer base with its broad variety of coffee and pastry products. The company plans to build a strong market position in the town‚ due to the entrepreneur’s industry experience and mild competitive climate in the area. EB aims to offer its products at a competitive
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statements often cause more dramatic movement in the stock price when the news is released. They intend to profit from the news. External users include stockholders‚ bankers‚ creditors‚ potential investors‚ and tax and regulatory agencies that have an interest or stake in the organization. Each of these external users will use financial reports to satisfy their need for information to determine profitability‚ credit worthiness‚ or compliance. Financial reports provide useful information to company’s
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PRIVATE DETECTIVES AND INVESTIGATORS By the time I am grown and have a family‚ I want to be a Private Detective and Investigator. This is something that I’ve wanted to do since I was a kid. I know it will be hard‚ but it is my dream job. Private detectives and investigators assist many people and businesses by finding and analyzing valuable information. They connect clues to revel facts about personal matters. The assistance of a private detective and investigator can include being a celebrity
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