Chapter 1 Financial Accounting and Accounting Standards Intermediate Accounting‚ 15th Edition Kieso‚ Weygandt‚ and Warfield 1 Financial Statements and Financial Reporting • Goals or purpose of (financial) accounting – Identification‚ measurement‚ and communication of financial information about – An economic entity to – Interested Parties (internal and external) • Creditors‚ managers‚ unions‚ government agencies Financial reports (statements) & notes 2 Financial Statements
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8/2/2012 Objective of Lecture 2 CLASSIFICATION OF ACCOUNTS & ACCOUNTING EQUATION • By end of lecture 2‚ all students should be able to:(a) Understand the five categories of accounts and able to classify them into the respective categories (b) Understand the accounting equation and the relationship between assets‚ liabilities and owner’s equity. Classifications of accounts • • 1. 2. 3. 4. 5. An account is used to record all information regarding an item. The five major
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ACCOUNTING SUBSTANCE OVER FORM Substance over form is an accounting concept where the entity is accounting for items according to their substance and economic reality and not merely their legal form. It is one of the key determinants of reliable information. For most transactions there will be no difference and in some cases however‚ the two diverge and the choice of how to present the transactions can give very different results. This differences occurs when an asset or liability is not recognized
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Section A Under Case Study (Newspaper) HB Global 1. Types of audit opinion Qualified opinion * A qualified opinion report can result from a limitation on the scope of the audit or failure to follow generally accepted accounting principles Adverse opinion * It is used only when the auditor believes that the overall financial statements are so materiality misstated or misleading that they do not present fairly the financial position or results of operations and cash flows in conforming
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In Step child the caste discrimination is depicted clearly. The novel is about the community of weavers‚ the Vankars‚ is subject to oppression from the more powerful upper caste of the Patels. When Teeho and Valji went for auction in Shilapaar they come across the incident where an upper caste man threw a stone on the pot of charming young women she was drenched and abashed and around her feet the broken pot was shattered. This humiliated Teeho and he went forward to question the men who casted the
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new74598_ch01_001-024.indd Page 1 24/09/12 1:18 PM user-f502 /202/MH01799/new74598_disk1of1/0073374598/new74598_pagefiles FROM PATIENT TO PAYMENT: UNDERSTANDING MEDICAL INSURANCE KEY TERMS Step 1 S te St ep 10 Follow up payments and collections Preregister patients p2 Establish financial responsibility St ep 3 S te p 9 Generate patient statements Check in patients Monitor payer adjudication Review coding compliance St ep 8 S te Check out patients Review billing compliance
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inggLecturer’s Guide Accounting for Non-accounting Students Sixth edition J R Dyson ISBN 0 273 68301 2 © Pearson Education Limited 2004 Lecturers adopting the main text are permitted to download the manual as required. Pearson Education Limited Edinburgh Gate Harlow Essex CM20 2JE England and Associated Companies around the world Visit us on the World Wide Web at: www.pearsoned.co.uk First published in Great Britain under the Pitman Publishing imprint in 1997 Second edition published
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right now and the last known execution was this year. The Bali nine are a group of men and women that tried to smuggle more than 8 kilos of heroin into Australia in 2005 which valued around 4 million dollars. Out of the nine people in the Bali nine‚ only a half of them have been put on death row and the other half are in imprisonment. I agree with the death penalties and the strict law Bali has and that they are using it on the Bali nine. I know they may have stories behind what happened with the
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1. Outline the Steps of DNA: a. DNA Replication begins at the Origin of Replication b. Helicase cuts hydrogen bonds and separates DNA in half c. Semiconservative replication produces two copies that each contained one of the original strands and one entirely new strand. d. Topoisomerases catalyze and guide the unknotting of DNA e. Single Strand Binding Proteins attach to the halves and keep the DNA molecules separated (they are needed because the sides are attracted to each other and with out
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There are nine geographic regions in England. They include the South West‚ South East‚ Greater London‚ East Anglia‚ West Midlands‚ East Midlands‚ North West‚ North East‚ and the Yorkshire and the Humber. Each of these regions have multiple forms of transportation and different types of communication available. Forms of Transportation and Types of Communication To begin with‚ the South West region is home to cities such as Plymouth and Exeter. Since the region is located next to the Atlantic Ocean
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