Executive dashboards are a requirement for intelligent organizations that need to respond to opportunities in a responsive manner. The term "executive dashboard" is receiving a lot of play from business partners/vendors. Many IT managers are also using the terms dashboard and portal synonymously. The two technologies aren’t synonymous‚ although they are very similar. An enterprise portal is just that: a portal. It is a browser-based gateway to integrated information and applications to promote
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1. How does the ASC define a component of an entity? Component of an Entity A component of an entity comprises operations and cash flows that can be clearly distinguished‚ Operationally and for financial reporting purposes‚ from the rest of the entity. A component of an entity may be a reportable segment or an operating segment‚ a reporting unit‚ a subsidiary‚ or an asset group. 2. Are there any conditions that must be met before a component of an entity can be considered discontinued
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Comprehensive Annual Financial Report Table of Content I. Abstract II. Introduction III. Introductory analysis & GFOA Award IV. Financial Analysis V. Financial standing VI. Conclusion VII. References Abstract Comprehensive Annual Financial Report (CAFR) is a report used by cities‚ and local governments to provide the public with their financial records each year‚ while adhering to government accounting standards board (GASB) guidelines. The report presents a comprehensive
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Writing the narrative: the triumphs and tribulations By Afra Sajjad Introduction In recent years‚ particularly since the advent of the global financial crisis‚ the debate has grown over whether annual reports have relevance to investors and other users‚ and enable them to make proper decisions on companies’ prospects. To bridge the perceived information gap‚ and to satisfy the information requirements of the standard setters‚ narrative reporting has come to the fore. In its various guises – Business Review
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of study Due date Progress report #1 due via email Week 8 Due Monday September 9th 8:30am via email This assessment forms part of your portfolio Due date Progress report #2 due via email Week 11 Due Monday October 14th 8:30am via email This assessment forms part of your portfolio Due date Progress report #3 due via email Week 15 Due Monday November 11th 8:30am via email This assessment forms part of your portfolio Due date Final Report Week 17 Final report CANNOT be emailed. Due Monday
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set of reports for an outside audience‚ which may include investors‚ creditors‚ credit rating agencies‚ and regulatory agencies. Cost accounting involves the preparation of a broad range of reports that management needs to run a business. Format. The reports prepared under financial accounting are highly specific in their format and content‚ as mandated by either generally accepted accounting principles or international financial reporting standards. Cost accounting involves creating reports that
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Annual reports. In its annual report‚ McDonalds evaluates its stakeholder policy in terms of values in action‚ our communities‚ employment practices and charity services (McDonalds‚ Values in Action‚ 2013). Under the section of values in action‚ McDonalds Company evaluates supply chain and supplier selection strategies. Policies taken to ensure that supplier relations are maintained in long run and rules managed in supply chain relations are emphasized. The overall sustainability report of the
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much service did it provide? Were the services provided efficiently and effectively? What did the government accomplish?” (Mead‚ 2008) This is where SEA reporting plays a role in governmental accounting. The SEA report is an external report aside from the annual comprehensive financial report which ensures that the result of programs and services is communicated effectively to any interested parties. Those interested parties could include elected officials‚ legislative staff‚ citizens‚ and the media
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LESSON 1 INTRODUCTION TO AUDITING 1. WHAT IS AN AUDIT An audit is an independent examination of the financial statements of an entity in order to enable the auditor to express an opinion as to whether it gives a true and fair opinion and if it has been properly prepared in accordance with the applicable reporting framework. 2. Under the Companies Act‚ Cap. 50‚ private limited companies that satisfy the following conditions are not required to have an
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BBA Semester IV BB0017 Question 1- Which stakeholders require financial reports and why? Answer 1- Accounting reports are designed to meet the common information needs of most decision makers. These decisions include when to buy‚ hold or sell the company shares. It assess the ability of the company to pay its employees‚ determine profits to be distributed. 1. Investors: Broadly classifieds as retail investors‚ high net worth individuals‚ Institutional investors. As a chief provider
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