ETHICS IN ACCOUNTING Presented by: Rojina Sapkota Abhilasha Thapa Pooja Shah Sandeep Gautam Mendhala Lama Gurung AND THE ACCOUNTING PROFESSION What is ETHICS? -All about making right choices and producing good behavior What is ETHICS in ACCOUNTING? -Being responsible enough to behave as a TRUSTWORTHY accountant. ROLE/IMPORTANCE OF ETHICS IN ACCOUNTING To provide true knowledge of the financial transactions taking place. To ensure correct decision making . WHAT IS AN ETHICAL DILEMMA
Premium Accountant Accountancy Certified Public Accountant
Statements on Management Accounting PRACTICE OF MANAGEMENT ACCOUNTING TITLE Definition and Measurement of Direct Material Cost TABLE OF CONTENTS Definitions . . . . . . . . . . . . . . . . . . . . . . . . . Materiality . . . . . . . . . . . . . . . . . . . . . . . . . Material Quantities . . . . . . . . . . . . . . . . . . . Material Lost in the Production Process . . . . Samples‚ Prototypes‚ and Initial Production Runs . . . . . . . . . . . . . . . . . . 1 2 2 2 3 Unit Price of Direct Material
Premium Cost accounting Costs Cost
Chapter 8 Non-Current Liabilities Assessment Questions AS-1 ( 1 ) Name the typical forms of non-current debt. A typical and common form of non-current debt is a term loan from a bank. Another form of ______________________________________________________________________________ non-current debt is bonds. ______________________________________________________________________________ ______________________________________________________________________________ AS-2 ( 1 ) What is a bond
Premium 1966 1970 1979
following terms used in Note 3: grant date‚ exercise price‚ vesting period‚ expiration date‚ options granted‚ options exercised‚ and options forfeited. b. Note 3 (page 47 of Xilinx’s annual report) indicates that in fiscal 2007‚ Xilinx adopted a new accounting method for its stock options and other stock-based compensation as required by SFAS 123R. How does Xilinx now account for stock options? How does this differ from the method Xilinx used before
Premium Balance sheet Stock Corporate finance
will have opportunities to provide evidence against the following criteria. Indicate the page numbers where the evidence can be found. Criteria reference To achieve the criteria the evidence must show that the learner is able to: Task no. Evidence P1 explain the principal psychological perspectives 1 M1 assess different psychological approaches to study 1 Learner declaration I certify that the work submitted for this assignment is my own. I have clearly referenced any sources used in the
Premium Management Marketing Employment
efficiencies. The consideration of ‘other forces’ that shape share prices and returns might eventually lead to a revolution in thought (Kuhn‚ 1962)—but it will arguably take a long time. 10.7 Evaluate the following statement: If an item of accounting information is released by a corporation and there is no apparent change in the share price of the company‚ the information is not relevant to the market and therefore there is no point in disclosing such information again. From a capital markets
Premium Financial markets Stock market Stock
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
Premium Balance sheet Financial Accounting Standards Board Income statement
(a) Briefly explain what prompted some countries over the world to strongly advocate harmonization of accounting. The important reasons which necessitate harmonization of accounting practices are well contained in the observation made by Saudagaran. “While the initial efforts at harmonization were mainly championed by political bodies and professional accounting organizations‚ current pressures to harmonize are driven by investor groups who use financial statements‚ multinational companies which
Premium International Financial Reporting Standards International Accounting Standards Board Financial statements
Qualification: BTEC First in Business Unit 1: Exploring Business Purposes Assessment Title – Exploring Business Purposes Criteria reference To achieve the criteria the evidence must show that the student is able to: Task no. Page numbers P1 Describe four different types of business organisations in terms of purpose‚ ownership‚ size and scale 1 P2 Describe the primary‚ secondary and tertiary classifications of business activities using local and national examples 2 P3 Describe the
Premium Management Business Economics
Chapter 3: Cost-Volume-Profit Analysis 95 Chapter 3 Cost-Volume-Profit Analysis SOLUTIONS LEARNING OBJECTIVES Chapter 3 addresses the following learning objectives: LO1 LO2 LO3 LO4 LO5 LO6 Explain the concepts of cost-volume-profit (CVP) analysis in decision making Apply CVP calculations for a single product Apply CVP calculations multiple products Describe the assumptions and limitations that mangers consider when using CVP analysis Assess operational risk using margin of
Premium Costs Variable cost Management accounting