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Last update: December 19, 2016
  • Accounting Theory Practice

    Accounting Theory Practice

    a) It is highlighted in the article that earning management practices can be designed to assist managers in fulfilling their obligations to stakeholders. This is resulted from the contract that the management has with their stakeholders. Describe the relationship between the following contracts with earning management: i. Lending Lending can be classified as the temporary giving of money or property to another person with the expectation that it will be repaid. In a business and

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    Essay Length: 682 Words / 3 Pages
    Submitted: August 22, 2015 Autor: shazali92
  • Accounting Analysis - Caterpillar

    Accounting Analysis - Caterpillar

    Accounting Analysis Policies - CAT’s preparation of financial statements in conformity with GAAP include all the critical accounting policies and the more significant estimates including: residual values for leased assets, fair values for goodwill impairment tests, impairment of available-for-sale securities, warranty liability, stock-based compensation, reserves for product liability and insurance losses, postretirement benefits, post-sale discounts, credit losses, and income taxes. Residual values for leased assets are an estimate of the market value of leased equipment

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    Essay Length: 558 Words / 3 Pages
    Submitted: August 25, 2015 Autor: dmorales1109
  • What Factors Account for the Success of Ikea

    What Factors Account for the Success of Ikea

    ________________ 1. What factors account for the success of IKEA? Founded in 1943, Ikea rose to become the world’s largest furniture retailer in 2002 with sales of almost $12 billion. There are several success factors that helped Ikea to succeed in the furniture market. Firstly, Ikea implemented a cost effective approach regarding its corporate strategy. By eliminating waste and reducing costs (e.g. shipping), Ikea was able to set much lower pricing points than competitors who

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    Essay Length: 1,084 Words / 5 Pages
    Submitted: September 7, 2015 Autor: Torben Ti
  • Key Take Aways Financial Accounting

    Key Take Aways Financial Accounting

    Key Takeaways – Session 7 * Please review formulas for PV. “regular”, PV annuity and PV perpetuities. * Also bear in mind FCF (free cash flow) calculation formula (we’ll delve deeper on this after break) * EBIT*(1-t) + depreciation – CAPEX – investment in WC. Possible Criteria to be used to choose projects * ARR (accounting rate of return or book yield) * Mean net income/average investment. * Drawbacks: 1) uses accounting numbers, not cash

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    Essay Length: 330 Words / 2 Pages
    Submitted: September 13, 2015 Autor: Catalina Torres Perez
  • Accounting Practice Questions

    Accounting Practice Questions

    MSFI 401 Orientation Accounting Sample Problems 1. A company’s most recent annual income statement had the following selected information: Sales $1,000 Selling, general and administrative $200 No interest A 50% tax rate Cost of good sold of $400 Depreciation (broken out separately) of $100 No other expenses What was the company’s net income? 1. A company sold $40,000 of products during the year to customers on credit. During the year, customers paid $32,000 of their

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    Essay Length: 1,558 Words / 7 Pages
    Submitted: September 14, 2015 Autor: pudding0330
  • Accounting Information Systems

    Accounting Information Systems

    Accounting Information Systems The various types of information systems employed by payroll, accounts payable, accounts receivables, and accounting are ADP Payroll services, QuickBooks, UltiPro Software, and Paychex. ADP Payroll services is used to enter payroll data, run reports to verify data and finalize and transmit payroll. You enter your pay data that can be done manually or by uploading files each payroll. Once all the data has been entered in, you can run a register

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    Essay Length: 1,006 Words / 5 Pages
    Submitted: September 28, 2015 Autor: Lilkryssy39
  • Accounting Notes

    Accounting Notes

    Class 7 – Current Assets * Current assets are those assets that can be converted in to cash (or whose future benefit we will recognize) within one year or within the next business cycle. * They are principally comprised of: * Cash (more on cash in classes 9 and 10) * Marketable Securities (more on investments in class 17) * Accounts Receivable (we discussed this asset in Class 5 and 6) * Inventory (today’s focus)

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    Essay Length: 1,700 Words / 7 Pages
    Submitted: October 5, 2015 Autor: hayleywang16
  • Accounting Fraud at Worldcom

    Accounting Fraud at Worldcom

    Accounting Fraud at WorldCom Earnings management It is widely accepted that, earnings management can be defined as it occurs when managers estimating financial reports and structuring transactions in order to modify financial reports, which help avoid either mislead part of stakeholders about the underlying economic performance of the firm or effect contractual outcomes which depend on the accounting numbers of reports1 (Healy & Whalen, 1999). However, this definition is focus on the intent of management

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    Essay Length: 1,825 Words / 8 Pages
    Submitted: October 6, 2015 Autor: 圣迪 黄
  • Aicpa/cica Generally Accepted Privacy Principles: A Tool for Forensic Accountants

    Aicpa/cica Generally Accepted Privacy Principles: A Tool for Forensic Accountants

    AICPA/CICA's generally accepted privacy principles: a toolfor forensic accountants Full Text: ABSTRACT FORENSIC ACCOUNTANTS are typically involved in fraud prevention and detection. However, anotherarea where their expertise may be called upon for assistance relates to the protection of sensitivepersonal information that is collected, stored, and used by organizations. Given the extensive practiceof storing information on portable devices and making data transfers using the Internet or other wirelesstechnologies, criminals have more opportunities to acquire information on

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    Essay Length: 4,671 Words / 19 Pages
    Submitted: October 8, 2015 Autor: allfreepapers0
  • Accrual and Cash Accounting

    Accrual and Cash Accounting

    Running head: ACCRUAL Accrual and Cash Accounting Terry Bonner ACC/290 March 29, 2015 Adrienne Walker, Faculty Accrual and Cash Accounting Accrual and cash accounting offer two different styles of tracking the flow of money in a business. Each serves a purpose and to understand this idea one must first realize how one varies from the other. The difference between accrual and cash accounting is that accrual is a method of financial record-keeping that measures a

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    Essay Length: 340 Words / 2 Pages
    Submitted: October 10, 2015 Autor: tswayz
  • Accounting Ethic Case Study: Adelphia Communications Corporation

    Accounting Ethic Case Study: Adelphia Communications Corporation

    Case analysis 3 Chao Yao Major case 1 Adelphia Communications Corporation 1. What are the facts? In September 2005, the SEC charged Dearlove, a certified public accountant and formerly a partner with the accounting firm Deloitte& Touche LLP, with the improper conduct resulting in a violation of applicable professional standards. On July 24, 2009, the U.S. Court of Appeals for the District of Columbia supported the finding of the SEC that Dearlove engaged improper professional

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    Essay Length: 2,152 Words / 9 Pages
    Submitted: October 14, 2015 Autor: zhukewei
  • Accounting 3001 Final Exam Study Guide

    Accounting 3001 Final Exam Study Guide

    1. Understand what goes in the different sections of the income statement 1. Income statement 1. Operating section 1. Sales or revenue section 2. Cost of goods sold section 3. Selling expenses 4. Administrative or general expenses 1. Non operating section (revenues and expenses from non operating activities) 1. Other revenues and gains 2. Other expenses and losses 1. Income tax 2. Discontinued operations (Material gains or losses incurred in the disposition of a component

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    Essay Length: 13,289 Words / 54 Pages
    Submitted: October 16, 2015 Autor: ands893
  • Sure Corp Accounting Theory Assignment

    Sure Corp Accounting Theory Assignment

    Question 1: Chapter 2 #15 PV0 = 600/1.06 + 600/1.062 + 600/1.063 = $1604 PV1 = 600/1.06 + 600/1.062 = $1100 PV2 = 600/1.06 = $566 a) Sure Corp Balance Sheet December 31, 2015 Financial Asset Shareholder’s Equity Cash $ 550 Opening Balance $ 1603 Asset 1100 Dividends (50) Net Income 96 $ 1650 $ 1650 Sure Corp Income Statement Year Ended December 31, 2015 Accretion of Discount (1603 x 6%) $ 96 b) Sure

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    Essay Length: 968 Words / 4 Pages
    Submitted: October 18, 2015 Autor: bobecks
  • Automated Accounting System Assignment: Physical Health International Technologies

    Automated Accounting System Assignment: Physical Health International Technologies

    ACCOUNTING INFORMATION SYSTEMS Automated Accounting System Assignment Physical Health International Technologies, Inc. INTRODUCTION This assignment involves accounting for a month of operations by Physical Health Integrated Technologies, Inc. using Microsoft Dynamics GP software. All transactions must be recorded using the Microsoft Dynamics GP software provided with the Computerized Accounting Using Microsoft Dynamics GP 10.0 book. The objective is to enhance the familiarity with Dynamics GP gained from the exercises that should have already been completed

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    Essay Length: 6,106 Words / 25 Pages
    Submitted: October 21, 2015 Autor: khoily
  • Supply Chain Management Accountability

    Supply Chain Management Accountability

    How can accountability be better managed in long, global supply chains? (15 pts) Accountability means being held responsible for a task agreed to be accomplished. In today's world, accountability for global supply chains must extend far beyond signing a contractual agreement. The Mattel case shows us, that even with the most trusted suppliers, a favorable contract with clearly stated terms and policies is not enough. Mattel’s suppliers failed to comply with the regulations set in

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    Essay Length: 613 Words / 3 Pages
    Submitted: October 24, 2015 Autor: Harry Gillespie
  • Mgmt 425 - Job Specifications

    Mgmt 425 - Job Specifications

    Jaranae Anderson MGMT 425 Assignment #2 Job: Meat Cutter (3) Job Specification: • Description: The meat cutters are responsible for serving customers, cleaning equipment and work area, training associates and stocking shelves. • Experience: 2 years of experience is preferred, however training is provided. • Education: Must at least have a high school diploma. • Skills required for job: cut/prepare wide variety of meats, attention to detail, good communication, customer service skills, able to work

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    Essay Length: 788 Words / 4 Pages
    Submitted: October 26, 2015 Autor: Jay Lashay
  • Accounting Dakota

    Accounting Dakota

    1. The reason for the company to make losses is that it is incurring costs on certain customers in excess of than what it assesses by its method of cost estimation based on general percentages. In order to find the solution, it is required to estimate the costs using ABC estimation method. Same is undertaken below. 2. The first step is to estimate the unit cost of services extended by the company on its value

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    Essay Length: 677 Words / 3 Pages
    Submitted: October 28, 2015 Autor: Melinda Kang
  • Mgmt 3010 - Honesty Paper

    Mgmt 3010 - Honesty Paper

    Name: Yang Qi Date: 10/01/2015 Professor: Douglas P. Bennet Course: MGMT 3010 Honesty Paper Honesty is telling the truth, the whole truth, and without any lies at all. Be honest with people will probably beneficial. For example, in the business, honest is an important factor to achieve success, because it can help people develop relationships with partners or others and gain trust from them. However, honesty sometimes may bring inconvenient or trouble to people. In

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    Essay Length: 739 Words / 3 Pages
    Submitted: November 1, 2015 Autor: Yang Alex
  • Advanced Accounting - General Features, Disclosures and Format of Three Financial Statements

    Advanced Accounting - General Features, Disclosures and Format of Three Financial Statements

    Part. 1 General features, disclosures and format of three financial statements 1. Eight general features Extract from the financial statements and notes AASB standards Explanation 1) Present fairly and compliance with IFRS 2) Going concern basis 3) Accrual basis of accounting 4) Materiality and aggregation IAS1/AASB 101(Para.15) AASB 1054[a] (Para.7) AASB 1054[b] (Para.16) AASB 101 (Para.25) AASB 101 (Para.27) AASB 101 (Para.29) The report claims that the statements present fairly. It gives a “true and

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    Essay Length: 2,603 Words / 11 Pages
    Submitted: November 10, 2015 Autor: Johnny Yao
  • Ifrs in Accounting

    Ifrs in Accounting

    This is a perfect article for the timing in class. The article questions whether LIFO will stick around much longer. Transportation costs have been a hot topic recent years and people in the industry are trying to eliminate LIFO. This accounting method is still popular amongst some industries because of the tax benefits. Members of congress have debated which accounting method is better for companies, LIFO or FIFO for several years. The main topic for

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    Essay Length: 264 Words / 2 Pages
    Submitted: November 11, 2015 Autor: Chris Wilkins
  • Mgmt 505 – Niu Fasttrak Mba Final Exam Study Guide

    Mgmt 505 – Niu Fasttrak Mba Final Exam Study Guide

    MGMT 505 – NIU FastTrak MBA Final Exam Study Guide The following guide is intended to help you prepare for the final exam. While it is not intended to supplant the text as a resource, it will guide your preparation and aid you in focusing on the topics that will be covered on the exam. The exam will be comprised of a combination of true-false, multiple choice, matching and short answer items. Chapter 1 –

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    Essay Length: 2,219 Words / 9 Pages
    Submitted: November 15, 2015 Autor: irislee5
  • Atha Corporation Executive Plan: Human Resources and Accounting and Finance Area

    Atha Corporation Executive Plan: Human Resources and Accounting and Finance Area

    Atha Corporation Atha Corporation Executive Plan: Human Resources and Accounting and Finance Area Shatee’ Dear-Wilson John Hawes- BUS3011- Fall Quarter ________________ Table of Contents Page * Atha Corporation 3 * Description of Human Resources Department and Accounting and Finance 3-4 * Goals and activities 4-6 * Organizational Structures 6 * Interview Questions 6-7 * Performance Standards 7-8 * Executive Summary 8 * Conclusion 9 * References 10 * Appendix 11-24 ________________ Atha Corporation Atha Corporation

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    Essay Length: 4,980 Words / 20 Pages
    Submitted: November 15, 2015 Autor: Shateedw86
  • Apple Inc - Accounting Project Ratio Calculation

    Apple Inc - Accounting Project Ratio Calculation

    Introduction of Apple Inc. Apple Inc. is an American multinational corporation which designs and manufactures consumer electronics and software products. It established in Cupertino, California on April 1 and the company was called "Apple Computer, Inc." for its first 30 years, but in 2007, it changed its name to “Apple Inc.” This change represents Apple’s expansion in their business. Apple started to add consumer electronics into it traditional personal computer business. Apple Inc.’s products include

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    Essay Length: 563 Words / 3 Pages
    Submitted: November 22, 2015 Autor: Mingde Fang
  • Accounting - Risk Assessment Report of Dell

    Accounting - Risk Assessment Report of Dell

    Risk Assessment Report of Dell 41314356 会计双语 冯婧 1、 As a private company, Dell is going back to their roots, to the entrepreneurial spirit that made Dell one of the fastest growing, most successful companies in history. Dell is unleashing the creativity and confidence that have always been the hallmarks of culture. Dell will be able to serve their customers with a single-minded purpose and drive the innovations that will change our world for the

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    Essay Length: 1,352 Words / 6 Pages
    Submitted: November 23, 2015 Autor: kfyKFY950717
  • Financial Accounting - Rainbow Stationery & Trading

    Financial Accounting - Rainbow Stationery & Trading

    Course Title Diploma in Business Administration (Human Resource Management) DBA (HRM) Diploma in Business Administration (Marketing and Sales Management) DBA (MM) Module Financial Accounting Content Page S/N Title Page 1. 1. 2. 3. Introduction Nature of Business List of competitors and customer base Customer Base 3 1. Transaction Listing 4 - 6 1. General Journal 7 - 10 1. General Ledger 11 - 15 1. Unadjusted Trial Balance 16 - 17 1. Adjusted Entries 18

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    Essay Length: 3,243 Words / 13 Pages
    Submitted: November 29, 2015 Autor: syee1004

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