professional conduct is clear that an accountant should follow all the six principles so that a healthy work environment could be created in the interest of the company‚ society and nation. The second discussion is focused on evaluation of ethicality of accounting activities. Manipulating the financial statements for personal interest or for loyalty towards company or its executives is unethical and the person responsible for such act will be punishable. Misstatement of financial statements is ethically wrong
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Process Raw materials release Cost analysis Production Cycle Problem The first step in the production cycle is product design. Poor product design drives up the costs in several ways. Using to many unique components when producing similar products increases the costs associating with material inventory. 65%-80% of the cost of a product is set at the design stage. Design decisions will affect every part of production cycle. To mitigate the threat accountants should participate in the product
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EDUCATION EQUIVALENCY & ACCREDTATION PROGRAM (ETEEAP) COLLEGE OF ENGINEERING ENVIRONMENTAL ENGINEERING CEAB3312 ASSIGNMENT NO# 1 ENVIRONMENTAL DEGRADATION‚ BIOCHEMICAL CYCLE AND ECOSYSTEM CYCLE MR. DANILO L. AUREADA Internal Assessor Instructor XIV SUBMITTED BY: MR. GABBY M. SANTAMARIA ETEEAP-BSIE Biochemical Cycles Table of Contents 1. Eutrophication 2. Contributors Plants such as trees and algae undergo the photosynthesis reaction where carbon dioxide and water in the presence
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Monica Douglas-Edwards 3. Financing Cycle (2 pages) Answer the following questions. _ How can you create and maintain the chart of accounts? If your company is already using Peachtree Accounting for daily activity‚ beginning balances may only be entered in the prior fiscal year. General Ledger beginning balances are entered through Maintain‚ Chart of Accounts. Before General Ledger beginning balances are entered‚ do the following: •Verify that the Chart of Accounts contains the equity account
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Accounting Basics: Introduction Accounting is a glorious but misunderstood field. The popular view is that it’s mostly mind-numbing number-crunching; it certainly has some of that‚ but it’s also a rich intellectual pursuit with an abundance of compelling and controversial issues. Accountants are often stereotyped as soulless drones laboring listlessly in the bowels of corporate bureaucracies. But many accountants will tell you that it’s people skills‚ not technical knowledge‚ that are crucial to
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Finance and Investment Cycle I. Introduction A. Special purpose entities B. Transaction: less frequent‚ large and complex C. Focus of control activities: authorization of transactions & compete of accounting personnel D. Focus of substantive procedures: understanding of the transactions‚ verifying amounts and calculations‚ ensuring presentation and disclosures II. Inherent risks E. Lease accounting 1. The classification of operating or capitalized
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INTRODUCTION Life cycle costing is one of the various techniques in strategic management. It is a procurement as well as production costing technique that considers all life cycle costs. Besides‚ it is also a tool to determine the most cost-effective option among different competing alternatives to do a project‚ when each is equally appropriate to be implemented on technical grounds.This report will discuss life cycle costing in the view of production costing technique. In manufacturing‚ the
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is provided for general guidance only and on the understanding that it does not represent‚ and is not intended to be‚ advice. Whilst care has been taken in its preparation‚ it should not be used as a substitute for consultation with professional accounting‚ tax‚ legal or other advisors. Before making any decision or taking any action‚ you should consult with an appropriate specialist or professional. No warranty is given to the correctness of the information contained in this document‚ or its suitability
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Table 1. Observations from week 2 for the detection of ammonia using the Nessler’s reagent and from week 1 for the pH using bromothymol blue indicator with the inoculation of P. vulgaris‚ P. fluorescens‚ and B. Cereus in peptone broth. Tubes were incubated at room temperature for 7 days and 14 days. Soil Microorganism Nessler’s Reagent (color reaction pH (bromothymol blue) Our results pH (bromothymol blue) Class results P. vulgaris Deep yellow ++ 8.0 8.0‚ 7.5‚ 6-7‚ 11.5 P. fluorescens
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Accounting: Topic 6: Analysis And Interpretation Of Financial Statements (Part 2) Capital Structure Analysis Proportion of debt financing relative to equity financing (=gearing or leverage) * Reflects the entity’s financing decisions * Investments in assets are funded externally by liabilities‚ or internally by owner’s as shown in accounting equation (A=L+OE) Debt to equity ratio: Total liabilities/ Total equity x 100=x% Debt ratio: Total liabilities/ Total asset x 100=x%
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