"Prudence concept in accounting" Essays and Research Papers

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    The Importance of Accounting Theory to the Field Of Accounting The objective of theory is to explain and predict. One of the basic goals of the theory of a particular discipline is to have a well-defined body of knowledge that has been systematically accumulated‚ organized‚ and verified well enough to provide a frame of reference for future actions. The Webster’s definition of theory is the systematically organized knowledge‚ applicable in a relatively wide variety of circumstances‚ a system

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    Concept of Sustainability

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    Student ID No : : Strategic Marketing 1309254 How necessary is it for marketers Assignment Title: to adapt the concept of sustainability and in what ways could it be implemented as part of the overall marketing strategy? Submission date: Word Count : 22/10/2012 2989 words Marketing Assignment: Sustainability How necessary is it for marketers to adapt the concept of sustainability and in what ways could it be implemented as a part of the overall marketing strategy? Abstract Companies

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    Managerial Accounting

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    Basillio Corespondencia AC330 - Managerial Accounting for Business Professionals Professor Christine Covan Unit 10 Writing Assignment Reflect and describe which key concepts and topics in this course have made you a stronger candidate to enter the business world. When I first began this course‚ I didn’t really understand what Managerial accounting for Business Professionals were. I was very confused and also a bit intimidated with what is expected and how is the professor going to be. In my

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    The Concept of God

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    The concept of God in Christianity and Islam Christianity and Islam are two of the world’s most popular religions. Both have some different beliefs but are similar in origin. In these two religions God is perceived in similar and different ways. In Christianity‚ Christians believe that God is three different persons combined into one also known as the trinity. In Islam‚ Muslims believe that God is one that he doesn’t have a father or a mother‚ a son or a daughter‚ and that he has no partners. Even

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    Concept of Productivity

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    PRODUCTIVITY CONCEPTS AND MEASURES Productivity is an overall measure of the ability to produce a good or service. More specifically‚ productivity is the measure of how specified resources are managed to accomplish timely objectives as stated in terms of quantity and quality. Productivity may also be defined as an index that measures output (goods and services) relative to the input (labor‚ materials‚ energy‚ etc.‚ used to produce the output). As such‚ it can be expressed as: Hence‚ there

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    Aristotelian's Concept

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    “Aristotelian’s Concept / Process of Tragedy as Presented to Sophocles’ Oedipus Rex” Oedipus Rex had passed from the process and concept on Aristotelian’s tragic hero. Because tragic hero was a noble by birth‚ he shows human errors‚ and he sets as warning to humanity. Oedipus was hubris so proud of his own intelligence‚ hamartia he thinks that he can escape a horrendous fate‚ catharsis he does not kill himself because he will not suffer and peripeteia Oedipus realizes that he is the son and murderer

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    Financial accounting reports are prepared for the use of external parties such as shareholders and creditors‚ whereas managerial accounting reports are prepared for managers inside the organization. This contrast in basic orientation results in a number of major differences between financial and managerial accounting‚ even though both financial and managerial accounting often rely on the same underlying financial data. In addition to the to the differences in who the reports are prepared for

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    Concept of Leadership

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    CONCEPT OF LEADERSHIP * I used to think that running an organization was equivalent to conducting a symphony orchestra. But I don’t think that’s quite it : its more like jazz. There is more improvisation -Warren Bennis * GOOD LEADERS ARE MADE NOT BOR. IF YOU HAVE THE DESIRE AND WILL POWER‚ YOU CAN BECOME AN EFFECTIVE LEADER. GOOD LEADEERS DEVELOP THROUGH A NEVER ENDING PROCESS FO SELF P STUDY‚ EDUCATION‚ RANING AND EPXRERIENCE. * GOOD LEADERS ARE CONTINUALLY WORKING AND STUDYING TO IMPROVE

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    1.Managerial accounting vs financial accounting Managerial accounting information system is an information system that produces outputs using inputs and processes needed to satisfy specific managerial objectives. How do management accounting and financial accounting differ? Management Accounting Financial Accounting 1. Internally focused

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    Computerised Accounting

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    manual method of accounting is being gradually replaced. And finally‚ the database technology has revolution the accounts department of the business and non business organisations. In the use of computerised accounting system the risk of data loss is eliminated‚ high speed in data manipulation is maintained and larger volume of data are kept safely. In computerised accounting system calculation became easy and controlled effective‚ also development of computerised accounting system‚ facilitate

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