administration Accounting is considered to be the backbone of all businesses. There are typically two main areas of accounting‚ first would be financial accounting that uses information from resources such as customers‚ creditors‚ public‚ suppliers and stockholders. The second area of accounting is managerial accounting‚ which provides financial information that managers and department heads use to monitor and evaluate product flow and customer interest. The accounting department also provides key
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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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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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CASE-2: The Slade Plating Department (a) What are the major issues in this case? (e.g.‚ why do you think it was assigned to you?) The major issue in this case is the dishonesty that was seen among the employees in the Plating dept‚ which lead to abusing the punch out system for logging in the work hours. It also outlines the working conditions‚ lower wages‚ which are present in the company that ultimately lead to the low moral among the employees. The reason the case has been assigned is to
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Index……………………………………………………………………………..1 2.Introduction…..……………………………………………………………….. 2 3.Rhoticity and its relation to social prestige……………………………..……… 3 4. The department store study……………………………………………………… 4 4.1 New York City department stores represent different social environments. 5 4.2The internal stratification in New York City Department stores………..6 5.Sociolinguistic structure of (r)……………………………………………….8 6.Conclusion……………………………………………………………………...11 7.Bibliography……………………………………………………………………
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Organization of Department of Education ▪ Office of the Secretary ▪ Administrative Services ▪ Financial and Management Service ▪ Human Resource Development Service ▪ Planning Service ▪ Technical Service ▪ Bureau of Elementary Education ▪ Bureau of Secondary Education ▪ Bureau of Non-Formal Education ▪ Bureau of Physical Education & School Sports ▪ National Educational Testing
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gooda available for sale. -the consistency principle states that the busineses should use the same accounting methods from period to period. -under the FIFO‚ the ending inventory is based on the cost of the most recent purchases. -the value of purchases remains the same irrespective of the inventory valuation method used. -using FIFO‚ the COGS is based on the oldest purchases. -the accounting conservatism principle requires that financial statements should report LEAST favorable figures. -do
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Corruption in Immigration Departments Introduction The topic of this paper is a corruption in immigration departments. This is a very important and hot topic of these days‚ since the immigration laws have been being changed and it is way harder to get into the country and live here for illegal immigrants. This fact opens a big space for corruption of immigration officers and opening new ways for immigrants to get into the country hidden behind the “supervision” of corrupted immigration officers
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On the cusp of the 1990’s‚ Randall’s Department stores encountered a quandary surrounding their pricing strategies: Should they continue to pursue Every Day Low Pricing strategies coupled with frequent promotions or determine a narrow focus on one or the other? If this is preferable‚ then which one will reap the biggest benefits for the department store? Competitors were aggressively promoted their established brand promotions with more fervor than ever‚ and Randall’s was slipping in market dominance
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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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