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Last update: December 19, 2016
  • The Importance of Learning Accounting Theory

    The Importance of Learning Accounting Theory

    Advice for the student: As a future accountant, certainly, you will be required to conduct such activities as constructing and analyzing financial statements or making decisions. It is also undeniable that accounting practices underlying various activities are of great importance because as an accountant, you have to be aware of what should do and how to do with your accounting job so that to achieve better performances in those activities. However, sometimes even the accounting

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    Essay Length: 541 Words / 3 Pages
    Submitted: March 5, 2014 Autor: Antonio
  • Kudler Accounting System Paper

    Kudler Accounting System Paper

    Kudler Accounting System Paper BSA 310: Business Systems Kudler Accounting System Paper In reviewing the current options for accounting that are available at Kudler Fine Foods it is being suggested that a new system be acquired to provide the necessary reporting. The system that is being suggested is the QuickBooks Enterprise Solutions. Upon its implementation, Kudler Fine foods will be able to easily manage its portfolio of accounts and analyze all of its data, all

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    Essay Length: 879 Words / 4 Pages
    Submitted: March 10, 2014 Autor: daly2014
  • Special Committee on Development of Accounting Principles

    Special Committee on Development of Accounting Principles

    The creation of: 1. Committee on Accounting Procedures a. 2-Role - With the recent increase in members, the SEC delegated the responsibility of issuing pronouncements on accounting principles to the Committee. The SEC worked with the Committee on Accounting Procedures to develop standards for accounting and financial reporting and issued 51 Accounting Research Bulletins (ARBs) over its lifetime (www.sechistorical.org). In 1949, they updated 42 of their original ARBs and codified them. b. 1-History - In

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    Essay Length: 1,876 Words / 8 Pages
    Submitted: March 16, 2014 Autor: andrew
  • Acc 421 - Accounting Cycle

    Acc 421 - Accounting Cycle

    Accounting Cycle Rebecca Messmer ACC 421 November 4, 2013 Michael Guertin Accounting Cycle A small towing service, Todd’s Towing, does not have that many steps in the accounting cycle. An accounting cycle is “a process that includes the following steps of identifying, collecting and analyzing documents and transactions, recording the transactions in journals, posting the journalized amounts to accounts in the general and subsidiary ledgers, preparing an adjusted trial balance, preparing the financial statements, recording

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    Essay Length: 736 Words / 3 Pages
    Submitted: March 17, 2014 Autor: becca52
  • Factors Influence Development of China Accounting Systems and Structure

    Factors Influence Development of China Accounting Systems and Structure

    Brief history of Chinese accounting development From Warring states to Qin and Han Dynasties, economic management system and accounting has been initially appeared. During the Tang and Song Dynasties (AD618-1279), account book and scientific bookkeeping method began to be used. Ming and Qing Dynasties (AD1369-1644) continued to use and improve single-entry bookkeeping method and created a new method: double-entry bookkeeping. These two accounting methods represented the advanced level of Chinese accounting. In 1949, When People’s

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    Essay Length: 1,246 Words / 5 Pages
    Submitted: April 2, 2014 Autor: lily19920306
  • Forensic Accounting and Fraud Examination Cha3 Discussion Solution

    Forensic Accounting and Fraud Examination Cha3 Discussion Solution

    Discussion Questions 1. Fraud prevention is important because it is the most cost-effective way to reduce losses from fraud. Once fraud occurs, there are no winners. 2. Creating a culture of honesty and high ethics helps to reduce fraud in various ways. Management through its own actions can show that dishonest, questionable, or unethical behavior will not be tolerated. By hiring the right kind of employees, management can select people who are less likely to

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    Essay Length: 532 Words / 3 Pages
    Submitted: April 7, 2014 Autor: lathia
  • Research on Finance Accounting

    Research on Finance Accounting

    The famous film actress Nicole Kidman became the face of the Chanel No.5 perfume brand and earned US$12 million for the three-minute advertisement. This event should be recognised and reported in the financial statements of Chanel because it helps to better understand the financial position, performance and cash flows which are useful to users in making economic decisions (AASB Framework par 12). Asset and expense are considered to be relevant to this event. This paper

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    Essay Length: 1,389 Words / 6 Pages
    Submitted: April 17, 2014 Autor: viki
  • Costs Accounting Systems

    Costs Accounting Systems

    Cost Accounting Systems Your name American Public University Abstract The systems and techniques used in the accounting process by organizations which allows them to track their resources consumed during production and the distribution of various services or goods they provide to consumers is called the cost accounting system. Job Order Costing this is a cost system that is used to accrue costs on jobs that are considered to be groups. This job costing method is

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    Essay Length: 1,350 Words / 6 Pages
    Submitted: May 27, 2014 Autor: emmett0621
  • Management Accounting an Financial Accounting

    Management Accounting an Financial Accounting

    1.0 INTRODUCTION OF ACCOUNTING Accounting is a methodical recording, reporting and analysis of financial trade of a business. Accounting known also as strength of business. Principled and professional accounting forms a clear financial image of a business and allows managers to make informed judgement. Accounting is a custom that keep investors well-informed of development in the business and by keeping the business profitable. Accounting allows a company to investigate the financial performance of the business

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    Essay Length: 2,724 Words / 11 Pages
    Submitted: May 28, 2014 Autor: jon
  • Integrated Accounting

    Integrated Accounting

    To apply the development life cycle we would start with the planning and investigation step, this would be looking at the current issues with working with several different distribution spots and the lack of integration in their systems. The plan to automate many of these systems for example the order management, customer background check and financial information, and credit approval would increase the execution of the company. In our next stage of analysis we would

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    Essay Length: 480 Words / 2 Pages
    Submitted: June 1, 2014 Autor: andrey
  • Managerial Accounting

    Managerial Accounting

    a. Expand on John’s thought. How are the large losses related to fixed costs? Even though the exact numbers are unknown, the numbers of employees (2000) and the scale of operations can easily contribute to having a high operating leverage (higher fixed costs in comparison to variable costs) type of business. If this is true John’s conclusion is correct. Businesses with higher operating leverage bear more risk in situations of slowing demand caused by factors

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    Essay Length: 359 Words / 2 Pages
    Submitted: June 7, 2014 Autor: daniels
  • Venture Smith's Account of Slavery

    Venture Smith's Account of Slavery

    Venture Smith had remembered about his childhood, who were his parents and how he had been captured. He had remembered that his father was a prince and he was practicing polygamy which was prevalent among African nations. He had the memory of his father’s wives and his mother was the youngest wife. He had remembered in the day of his capture there was this rumor that “ some white nation “ has invaded their land,

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    Essay Length: 379 Words / 2 Pages
    Submitted: August 5, 2014 Autor: kapcsm
  • Accounting Internship

    Accounting Internship

    Accounting department: The accounting department was introduced to me as the core of the company. All cash flows in and out of the company are prepared in this department, receivables and payables, processing invoices, costing of the purchased materials and products, the relative cost center to each expense spent, expenses and revenues, assets and liabilities of the company, as well as the bank operations including issuing checks to suppliers and preparing the bank position (cash

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    Essay Length: 820 Words / 4 Pages
    Submitted: November 13, 2014 Autor: reem.chehade
  • Accounting Cycle Description

    Accounting Cycle Description

    Accounting Cycle Description The accounting cycle is a process used by accountants that ensure the company's financial statements and entries are accurate. These steps are followed each time the company earns revenue or makes a purchase. In order to maintain accuracy, it is crucial that each step be followed in the proper order. The number of steps in the accounting cycle can vary, but it is typically about nine stages long. The Accounting Cycle Accounting

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    Essay Length: 1,353 Words / 6 Pages
    Submitted: December 7, 2014 Autor: hillariousness
  • Management Accounting Information Needs

    Management Accounting Information Needs

    1-17 Identify the management accounting information needs for the following: (a) An employee desiring to help serve customers more efficiently and effectively - If an employee desires to serve the customers efficiently and effectively, she/he would be interested to know the time that is needed to perform specific tasks and the required quality of the work performed. The company should have standard times exist for routine tasks/jobs. The employee may want to know what the

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    Essay Length: 420 Words / 2 Pages
    Submitted: February 1, 2015 Autor: Carrie2015
  • Current Issues in Accounting

    Current Issues in Accounting

    Running head: STANDARDS-ASSGN#6 US Auditing Standards ACT 525-26259 and Assignment #6 Amna Zafar Malik Professor Richard Arenz February 15, 2015 In year 2004, the Auditing Standards Board (ASB) initiated a meaningful endeavor to make U.S. GAAS easier to study, interpret, and practice. On the other hand, in year 2009, International Auditing and Assurance Standards Board (IAASB) built an analogous project to analyze its International Standards on Auditing (ISAs). In 2007, clarity formulating practices were designed

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    Essay Length: 1,030 Words / 5 Pages
    Submitted: February 17, 2015 Autor: Amna Malik
  • Amanda Smith Accounting Tax Service

    Amanda Smith Accounting Tax Service

    Case Study Business Management 364 and Theory To Professor Mark Michalski Written by Chukwunonso Enekebe Case Study Amanda Smith, Accounting and Tax Service Dear Amanda, I am writing you this letter, in response to our earlier conversation of me acting as a managing consultant for you. After going through your company’s documents and information, I came up with a few recommendations in relation to management practices in this letter. The following are some of the

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    Essay Length: 1,460 Words / 6 Pages
    Submitted: February 22, 2015 Autor: Nonso Enekebe
  • Financial Accounting Case

    Financial Accounting Case

    Financial Accounting Case   - Is there a difference in approach to valuation by US GAAP and IFRS? According to The Financial Professionals Post (2010), there are fundamental differences between US GAAP and IFRS and how they are valued. Specifically, IFRS does not allow the Last In, First Out (LIFO) approach to inventory valuation. Additionally, under IFRS, property, plant, and equipment (PP&E) can be revalued at fair value whereas under GAAP, it is valued

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    Essay Length: 1,444 Words / 6 Pages
    Submitted: February 24, 2015 Autor: photoman0123
  • Corporate Social Reporting and Stakeholder Accountability: The Missing Link

    Corporate Social Reporting and Stakeholder Accountability: The Missing Link

    A critical review on: Corporate social reporting and stakeholder accountability: The missing link By Stuart M. Cooper and David L. Owen Accounting, Organization and Society, 32 (2007) 649-667 Tatiana Burlacu (10806770) Hidde Wyngaard (6074340) Yanyu Yang (10654240) Group 5 Date: 10th September, 2014 Seminar 1, wed 13.00 – 15.00 SAE 2014/2015 Introduction The main purpose of this essay is to critically review the paper, “Corporate social reporting and stakeholder accountability: The missing link”, which is

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    Essay Length: 1,805 Words / 8 Pages
    Submitted: February 27, 2015 Autor: scandeer
  • Mark's and Spencer Accounting Choices

    Mark's and Spencer Accounting Choices

    Financial Statement Analysis Assignment 4 (Mid Term) “Marks and Spencer’s Accounting Choices.” 24th February 2015 Semester 2, Period 1 2014/2015 Dawid Lukaszuk (10966161) ___________________________________________________________________________ Question 1 Exhibits 1 and 2 report the income statements and excerpts from the notes to Marks and Spencer’s finan- cial statements for the fiscal years ending between March 31, 2005 and March 31, 2009. Critically ana- lyze M&S’s accounting choices. What choices may have helped the company to overstate its

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    Essay Length: 594 Words / 3 Pages
    Submitted: March 3, 2015 Autor: Dawid Lukaszuk
  • Term Project Accounting Tods

    Term Project Accounting Tods

    TOD'S S.p.A. is an international company, headquartered in Italy, which operates in the luxury sector under its proprietary brands (TOD'S, HOGAN and FAY) and licensed brands (ROGER VIVIER). Founded as a small family business in the early 1900s, TOD'S Group has a renowned reputation among the major manufacturers of shoes, leather goods, accessories and apparel. A family business since its conception, Tod’s is run today by its third generation of Della Valles: Diego and Andrea.

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    Essay Length: 903 Words / 4 Pages
    Submitted: March 4, 2015 Autor: Marco Squarci
  • Accounting Current Topic Paper

    Accounting Current Topic Paper

    In the beginning, Luca Pacioli was the first to describe the systems of debits, credits, journals and ledgers in 1494. This can be considered as the “birth” of accounting. The beginning of the shift in accounting technology came in the form of simple spreadsheet programs and slowly grew. In 1978, VisiCalc was launched and upgraded companies from manually calculated spreadsheets to pioneered, automatically updating cells. This was the first spreadsheet computer program, originally created for

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    Essay Length: 343 Words / 2 Pages
    Submitted: March 5, 2015 Autor: Carron D
  • Environmental Accounting

    Environmental Accounting

    ABSTRACT The restaurant food sector has experienced significant growth in the past few decades due to population growth and rapid urbanization. Despite the economic benefits of the sector, it has been recognized as a potential hazard to public health when food is not wellprepared. The purpose of this study was to examine hygiene practices and the possibilities of introducing food safety assurance systems based on scientific methods to enhance food safety in urban restaurants. Whereas

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    Essay Length: 1,685 Words / 7 Pages
    Submitted: March 6, 2015 Autor: Neil Elaine Palambiano
  • Accounting for Public Heritage Asset

    Accounting for Public Heritage Asset

    AF 301 Assignment 2014 ACCOUNTING FOR PUBLIC HERITAGE ASSET A controversial issue in the development of the conceptual framework is the disclosure and measurement of public heritage assets. A discussion paper, issued by the Accounting Standards Board defined public heritage asset as “assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture” (Deegan, 2012).With regards to the definition of tangible asset in

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    Essay Length: 1,117 Words / 5 Pages
    Submitted: March 11, 2015 Autor: adifa
  • Accounting Principles & Assumptions

    Accounting Principles & Assumptions

    Financial accounting is the process in which accountants or other professionals compile data of finances and turn it into useful financial reports that are standardized when processes are followed. In order for financial reports to be standardized, it must have guidelines, principals and assumptions to follow. Generally Accepted Accounting Principles “GAAP” is recognized for employing the body of standards. Accounting principles and assumptions work together to ensure a company’s financial reports are consistent, reliable,

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    Essay Length: 2,761 Words / 12 Pages
    Submitted: March 18, 2015 Autor: hendeusmc

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