Accounting‚ or accountancy‚ is the measurement‚ processing and communication of financial information about economic entities. Accounting‚ which has been called the "language of business"‚ measures the results of an organization ’s economic activities and conveys this information to a variety of users including investors‚ creditors‚ management‚ and regulators. Practitioners of accounting are known as accountants. Accounting can be divided into several fields including financial accounting‚ management
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NAME: ULEBOR ESTHER ISIOMA. PROGRAM: POLITICAL SCIENCE. MATRIC. NO.: 11AI011605. LEVEL: 300. COURSE TITLE: REVOLUTION AND SOCIETY. COURSE CODE: POS324. LECTURER: MR GODWYN AGBUDE. QUESTION: DISCUSS ANY OF THIS REVOLUTION. 1. RUSSIA REVOLUTION. 2. CUBA REVOLUTION. 3. ENGLISH REVOLUTION. INTRODUCTION One of the most significant single events in modern world history is undoubtedly the Russian Revolution of 1917. It cannot be compared to any revolution (preceding or following
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ownership. The separate statements of the subsidiary are more likely to provide useful information to the noncontrolling shareholders. Q3-4 A parent company has the ability to exercise control over one or more other entities. Under existing standards‚ a company is considered to be a parent company when it has direct or indirect control over a majority of the common stock of another company. The FASB has proposed adoption of a broader definition of control that would not be based exclusively on
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What is a theory? In this book we consider various theories of financial accounting. Perhaps‚ there¬fore‚ we should start by considering what we mean by a ’theory’. There are various perspectives of what constitutes a theory. The Oxford English Dictionary provides various definitions‚ including: A scheme or system of ideas or statements held as an explanation or account (description) of a group of facts or phenomena. Explanation or Account (description) of a group
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will I am sure be of interest not only to our student audience but as a refresher to those of you in practice that may be required to deal with this concept. In most businesses debtor balances represent an important element of working capital. Accounting principles dictate that the supply of goods or services is accounted for as sales‚ at the point at which the buyer has a legal obligation to pay for them. Total debtors represent the value of credit sales for which payment has yet to be received
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Occupational standards are the first steps in gaining qualifications that identify the competence of an individuals capability to do there job in an efficient manner and produce the best work possible. There are specific targets/specific standards that must be met as part of there job role. Employees also must have an understanding of the job role they have undertaken as part of occupational standards. For employers to identify if and where training is required employees must demonstrate there capabilities
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Guidance on the national occupational standards for supporting teaching and learning in schools National occupational standards for supporting teaching and learning in schools: unit titles and their elements The national occupational standards for supporting teaching and learning in schools (STL NOS) can be found on the national database of national occupational standards (www.ukstandards.org) or downloaded from the TDA website at www.tda.gov.uk/stlnosunits. Unit title Elements STL1
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ACCOUNTING NOTES FOR MY PERSONAL USE 4/12/2013 ELISHA VERIWA | Introduction to Accounting Accountancy is the process of communicating financial information about a business entity to users (stakeholders) such as shareholders and managers (Elliot‚ Barry & Elliot‚ Jamie: Financial accounting and reporting). Accounting has been defined as: * the art of recording‚ classifying‚ and summarizing in a significant manner and in terms of money‚ transactions and events which are‚ in part at least
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ISLLC Standards Final Paper Grand Canyon University Education Administration Foundation and Framework EDA 534 2014 Standard: 2 An education leader promotes the success of every student by advocating‚ nurturing‚ and sustaining a school culture and instructional program conducive to student learning and staff professional growth. Knowledge Skills Enduring Understandings Essential Questions Administrators will know… Administrators will be able to … Administrators will understand
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Introduction to Accounting Accounting is a profession used to make financial and business decisions. Billions of dollars exchange hands every day‚ in millions of separate business transactions. These are recorded and reported on using a comprehensive set of guidelines‚ referred to as Generally Accepted Accounting Principles (GAAP). Brief History of Accounting Accounting was born before writing or numbers existed‚ some 10‚000 years ago‚ in the area known as Mesopotamia‚ later Persia‚ and today the
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