1 MB 0041 – Financial and Managerial Accounting – Assignment Roll No. 1305015785 Name of the Student: Pallab Kakoti Email id: ksetrajna@gmail.com Mobile : 958 256 3250 Q1. Accounting is one of the oldest‚ structured management information system. Give the meaning of accounting and book keeping? Explain the objectives of accounting? Accounting‚ as an information system is the process of identifying‚ measuring and communicating the economic information of an organization to its users
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CHAPTER 2: REGULATION IN FINANCIAL ACCOUNTING Chapter 2 regulation in Financial accounting LEARNING OUTCOMES Upon completion of this chapter you should be able to understand: • The difference between management and financial accounting. • Why accounting regulations are important and required. • The need for and the structure of professional regulation‚ company law‚ stock exchange legislation and EU Directives. • How the different aspects of regulation work together
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1. | Question : | Li Retailing reported the following items for the current year: Sales = $3‚000‚000; Cost of Goods Sold = $1‚500‚000; Depreciation Expense = $170‚000; Administrative Expenses = $150‚000; Interest Expense = $30‚000; Marketing Expenses = $80‚000; and Taxes = $300‚000; Li’s operating profit margin is equal to | | | Student Answer: | | 25.67% | | | | 35.67% | | | | 36.67% | | | | 50.00% | | Instructor Explanation: | Operating Profit Margin = EBIT/Sales
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The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) are undertaking the Conceptual Framework project jointly in order to create a sound foundation for the new accounting standard by revising the existing conceptual framework. The International Accounting Standards Board (IASB) is the dependent standard-setting body of the IFRS foundation. The IASB adopted the FASB in its framework as guidelines for the preparation IFRS that it published in 1989
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Ethical Issues in Organizations Krishna Singh BUS 610 September 5‚ 2011 Ethical issues in organizations Assignment on this ethical issue assignment is very important and critical as all the companies or organizations do have some ethical dilemmas or ethical issues. Before I begin to write more on this topic‚ I would like to define what exactly the ethic means whether it is in corporate world or in everyday personal life. According to the Webster’s collegiate dictionary‚ “ethics is the
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the client’s point of view. When the therapist is able to look at the clients point of view it tells the client that his/or her point has value and the client feels accepted. Example: Client: I don’t know why my husband wants to come to therapy now; we have never been able to communicate. It doesn’t bother me anymore. I’ve accepted it‚ I wish he could. Therapist: Coning to therapy now doesn’t make much sense to you. Maybe you used to have feeling about your lack of communication with your husband
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Checkpoint Week 7 / 7-17-2013 Building an Ethical Organization Part 1 HSM / 230 Ethical Issues in Human services Organizations By Maireny When you have a big heart and the need to help people‚ you want to do it correctly and have programs in place to improve their quality of life. When you start an organization you need to have a plan. The company needs to have in place what the services will be; so that the clients will know what the organization is all about and if they can help them
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The cost of health care in The United States continues to grow faster than the cost of living. According Zelman‚ “Over the last decade health care cost have increased faster than has general inflation rate. The cost to keep people healthy has approximately doubled from 2001 to 2011”. (Zelman‚ 2014) The blame can be put on patients for not having annual preventive health visits or not having insurance and going to the emergency room when the issue or medical condition is out of control. Additionally
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ETHICAL VALUES AT AN ORGANIZATION ETHICAL VALUES AT AN ORGANIZATION PRESENTED BY: BILAL MEHDE AHMED KAINAT TANVEER SYEDA KINZA ZEHRA PRESENTED BY: BILAL MEHDE AHMED KAINAT TANVEER SYEDA KINZA ZEHRA ORGANIZATIONAL BEHAVIOR PRESENTED TO: MIRZA SARDAR HUSSAIN ORGANIZATIONAL BEHAVIOR PRESENTED TO: MIRZA SARDAR HUSSAIN ACKNOWLEDGEMENTS We would like to sincerely say thank you to Mr. Imran Ali‚ GM Human Resources for his unconditional support at
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Week 2 I)Frontier Park was started on April 1 by C.J Mendez and associates. The following selected events and transactions occurred during April. April 1 Stockholders invested $40‚000 cash in the business in exchange for common stock. 4 Purchased land costing $30‚000 for cash. 8 Incurred advertising expense of $1‚800 on account. 11 Paid salaries to employee $1‚500. 12 Hired park manager at a salary of $4‚000 per month‚ effective May 1. 13 Paid
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