CXC CSEC Principles of Accounts Exam Guide Section 1: Introduction to Principles of Accounts SPECIFIC OBJECTIVES The students should be able to: CONTENT 1. Explain the concept of accounting; concept of “Accounting” and “Principles of Accounting” 2. State the purpose of accounting; Accounting as a business practice – the purpose of Accounting. 3. Identify the users of accounting information; Internal and external users Accounting information and their needs 4. Outline
Premium Corporation Limited liability company Business
the definition of quality has two aspects from the customer’s perspective: Quality is... 1. A greater number of features that meet customer needs 2. Fewer defects Key Attributes The Juran Trilogy Fitness for Use Quality Council Pareto Principle 10 Steps to Quality Improvement The Juran Trilogy To attain quality you must begin by establishing the vision‚ policies and goals of the organization. Converting these goals into results is done through three managerial processes called the
Premium Joseph M. Juran Vilfredo Pareto Pareto principle
effectively and efficiently. The main aim of management is to create corporate policies‚ organizing‚ planning‚ controlling and directing organizational resources in order to achieve the objectives of that policy. In the words of Robert H. Hilkert he has defined management as an art as well as science. Management is an art as it has practical knowledge. The knowledge of management can only be learned by practice and experience. As a science the management has to follow some principles which are universally
Premium Management
ACCT 112: PRINCIPLES OF ACCOUNTING 1 ACCOUNTING THEORY NOTES (a) International Accounting Standards and International Financial Reporting Standards. The foreword to accounting standards defines Accounting Standards as Authoritative statements of how particular types of transaction and other events should be reflected in financial statements. Accounting Standards are developed to achieve comparability of financial information between and among different organizations. International Accounting
Premium Balance sheet International Financial Reporting Standards Generally Accepted Accounting Principles
The Nine Principles of Branding Supplemental Information for the Branding Essentials Workshop Written By | Greg Stine Table of Contents 2 4 6 Branding at a Glance Branding: What Is All This About‚ Anyway? Branding Principle #1: Keep It Simple Branding Principle #2: Mass-Produced Word of Mouth (PR) Builds Brands Branding Principle #3: Focused Brands are More Powerful Branding Principle #4: Differentiation is Key Branding Principle #5: The First Brand Advantage Branding Principle #6: Avoid
Premium Brand Advertising Brand management
Observation Worksheet Educ 223 – Field Study 2 Principles of Teaching 1 Instructor: Eddelyn D. Gupeteo Name: Theresa Salaver-Eliab Date of Observation:May 14 and 15‚ 2012 Grade/Year Level/Section: First Year‚ Irreg. Teacher:Ma. Vanessa Amor Sobrejuanite Time: 9:15-10:45 am Topic Lesson:Deviance and Social Control Observation # 1: Principles of Learning Observe a class and describe how the teacher handles the class‚ if learning flourishes in a situation in which teaching
Free Psychology Education Sociology
The role of accounting is to allow business owners to make informative decisions. The main objectives of accounting are to maintain a record of business transactions‚ calculate profit and loss and depiction of financial position. Recording business transactions accurately is essential in accounting. If proper and complete records are kept‚ it will make it easier to find and correct any errors made. Different officials can also use records for different decision-making purposes. A balance sheet
Premium Asset Balance sheet Bookkeeping
PYRAMID PRINCIPLE? DESCRIPTION Barbara Minto’s Pyramid Principle is a hierarchically structured thinking and communication technique that can be used to precede good structured writing. The Minto Pyramid Principle assumes that you already know how to write good sentences and paragraphs. It concentrates instead on the thinking process that should precede the writing. The core of Minto’s thinking method is to group Ideas in a presenter’s thought process into small clusters that support the main Thesis in
Free Reasoning Logic Inductive reasoning
nine to one (Market Wire) The poll conducted in June of 2008 indicated that 90.7% of Americans felt the United states was too dependent on foreign oil and 67.1% felt that the United States should begin drilling for oil in its reserves to limit our dependency on foreign oil. (Market Wire). According to the Energy Information Administration‚ a branch of the United States Department of Energy‚ The United States imported 58% of it’s oil demand from foreign countries in 2007 (Energy Information Administration
Premium Petroleum Coal
PRINCIPLES OF ACCOUNTING(POA)/ACCOUNTING FOR MANAGERS(AFM) Basic Accounting Concepts & Terminologies ACCOUNTING- DEFINITION Accounting means the various technical activities performed by accountants‚ including financial accounting‚ bookkeeping and management accounting. Accounting is considered to be as old as money. However in 1494 Lucas Fra Pacoili‚ an Italian Merchant is universally regarded as the father of modern system of accounting or double entry system of accounting. Accounting has
Premium Generally Accepted Accounting Principles Balance sheet Inventory