Compendium of Accounting Standards (including Interpretations as on July 1‚ 2006) THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA NEW DELHI COPYRIGHT © THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA All rights reserved. No part of this publication may be translated‚ reprinted or reproduced or utilised in any form either in whole or in part or by any electronic‚ mechanical or other means‚ including photocopying and recording‚ or in any information storage and retrieval system‚ without
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General Education can be very important to a successful career. It teaches you about skills you will need to use in your future career. Time management is one skill at the top of the list. Did you know “the average person uses 13 different methods to control and manage their time (Wetmore‚ 1999)?” That is surprisingly a lot of ways to manage time. General education may not teach you all those ways but it is definitely a jump in the right direction. General education is the base to most college degrees
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Week 7 Assignment Summarize the four themes that you believe are the most important to the accounting profession and the impacts on the profession. 1. Technology: Requires accountants to understand and leverage relevant technology in conjunction with core CPA competencies to deliver superior services. CPAs must staying current with technology for increased efficiency and expansion of services. It is important to keep the stakeholders and investors up to date in real time to increase transparency
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ACCOUNTING Harmonization of Accounting Standards Samir S. Mogul < E X E C U T I V E S U M M A R Y > ◆ International community has long back recognised the need for moving towards harmonisation of the accounting standard across the globe. Obviously on individual country is always entitled to costomise the existing international accounting Standards according to its specific needs. Among other advantages of harmonisation of accounting standards‚ the two benefits which tops the list are (a)
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chapter explains why managerial accounting is important to the future careers of all business students. It answers three questions: (1) What is managerial accounting? (2) Why does managerial accounting matter to your career? and (3) What skills do managers need to succeed? It also discusses the importance of ethics in business and corporate social responsibility. I. What is managerial accounting? A. Examine the difference between Financial and managerial accounting • Financial
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History of the Accounting Profession? By an eHow Contributor ? Accounting has been around for centuries. The Romans had a modern tax system complete with sales tax‚ land tax and a flat rate citizen tax. The Roman Empire employed tax collectors that kept track of collections through a rudimentary accounting system. Today‚ accounting is a career. Most U.S. colleges and universities offer tax or accounting degrees at the bachelor’s‚ masters and doctorate levels. Double-Entry Accounting
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repair worker with the details of the work to be done and is used to record the actual repair and maintenance hours worked and the materials and supplies used. Production departments will be charged for actual labor hours worked at a predetermined standard rate for the type of work required. The parts and supplies used will be charged to the production departments at cost. The assistant controller believes that only two documents will be required in this new system—a Repair/Maintenance Service Request
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Is the Army a profession? The answer is absolutely yes. However‚ to make the Army as The Profession of Arms is not that easy. Thus‚ how should we do? Making the Army a profession is the responsibility of every member of the army‚ whether a leader or a subordinate. The most important characteristic is internal. The heart of the Army is the ethic. We should fulfill in our spirit at first‚ and create the climate in our unit. Soldiers must embrace the ethic internally. Then this will influence the climate
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GENERAL POLICY & PROCEDURE Rev. No.: 3 Marine Operations Date: 14.12.11 OPCO ACCEPTANCE STANDARD FOR MARINE VESSELS Page No.: 2 REVISION RECORD Date REV. No. PAGES REVISION (Brief Description) 15.10.00 0 All New issue 31.12.04 1 All Revised issue 04.02.06 2 6 4.2 Added: FMEA 04.02.06 2 7 Added: IMCA 04.02.06 2 12 - 3rd paragraph completely deleted. - 4th paragraph removed “NOTE” 04.02.06 2 18 8
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ETHICS IN ACCOUNTING PROFESSION RESEARCH METHOD Despite of significant learning on ethics especially for future accounting profession‚ 50 respondents were randomly selected from Bachelor of Accounting students‚ International Islamic University Malaysia (IIUM). The student sample was equal to 50 (N= 50) consists of accounting students from the first to fourth year of study between the ages of 20-25 years old. Students from IIUM had been exposed to some general ethic values in class. This
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