Financial Accounting Overview Essays and Term Papers
870 Essays on Financial Accounting Overview. Documents 726 - 750
-
Careers in Accounting
CAREERS IN ACCOUNTING ABSTRACT Many of us probably have made up our minds on which career path to follow. There are myriad of careers in business that people may decide to follow. One of the career options is accounting. Accounting is the study of how businesses track their income and assets over time. Accountants engage in a wide variety of activities besides preparing financial statements and recording business transactions including computing costs and efficiency gains
Rating:Essay Length: 1,777 Words / 8 PagesSubmitted: April 30, 2011 -
Financial Decisions
Sometimes we know the present value or future value but do not know one of the variables we have previously been given as an input. For example, when we take out a loan, we may know the amount we would like to borrow, but may not know the loan payments that will be required to repay it. Or, if we make a deposit into a bank account, we may want to calculate how long it
Rating:Essay Length: 783 Words / 4 PagesSubmitted: May 1, 2011 -
Jawaban Soal Latihan Intermediate Accounting Contingent Liability 2011
"An existing condition, situation, or set of circumstances involving uncertainty as to possible gain (gain contingency) or loss (loss contingency) to an enterprise that will ultimately be resolved when one or more future events occur or fail to occur." ("Accounting for Contingencies," Statement of Financial Accounting Standards No. 5 (Stamford, Conn.: FASB, 19), par. 1). Typical Gain Contingencies are: Possible receipts of monies from gifts, donations, and bonuses. Possible refunds from the government in tax
Rating:Essay Length: 308 Words / 2 PagesSubmitted: May 1, 2011 -
Overview of Aalsmeer Flower Auction
Overview of Aalsmeer Flower Auction Aalsmeer Flower Auction is a chain in the Netherlands that offers global growers, wholesalers and exporters a central marketplace in which to trade flowers and plants. Growers are the initial suppliers within the value chain and demand comes from exporters, importers, wholesalers, cash and carry stores, and retailers. They provide a range of marketing channels and financial information, storage and logistics facilities. The chain was originally dominated by growers who
Rating:Essay Length: 269 Words / 2 PagesSubmitted: May 2, 2011 -
Accounting of Forest Carbon Sinks
Today, forests in the northern hemisphere are a sink for carbon dioxide (CO2) from the atmosphere, partly due to changes in forest management practice and intensity. Parties of the Kyoto Protocol had the option to elect to account for direct human-induced carbon (C) sources and sinks from land management activities since 1990. The effect of age–class structure of a forest landscape resulting from past practices and disturbances before the reference year 1990 should be excluded,
Rating:Essay Length: 352 Words / 2 PagesSubmitted: May 4, 2011 -
Ubs Financial Services
UBS Financial Services I. Introduction "Experience as a general concept comprises knowledge of or skill in or observation of some thing or some event gained through involvement in or exposure to that thing or event." Coming into my last semester as a St. John's career I knew that the great education I received at St. John's University could not be the only thing I have under my belt to succeed in life after collage. As
Rating:Essay Length: 2,720 Words / 11 PagesSubmitted: May 4, 2011 -
The Politics of Accounting Standards
The Politics of Accounting Standards Over the past two decades there has been a growing controversy over the rules set forth involving the expensing of stock options. The big debate is between whether companies should have to expense stock options on their income statement, or just disclose the cost of the options in the footnotes and not actually record an expense. FASB has been pushing toward making it mandatory to expense stock options at the
Rating:Essay Length: 926 Words / 4 PagesSubmitted: May 5, 2011 -
Accounting
Akuntansi merupakan determinan dari sebuah ideologi yang mendominasi. Sebab sebagai sebuah informasi bisnis, akuntansi didesain sedemikian rupa untuk memenuhi kepentingan pihak-pihak "penguasa" dalam konteks dimana ideologi tersebut berada. Ketika akuntansi digunakan pada basis masyarakat sosialis maka akuntansi akan memperoleh implikasi nilai berupa kolektivisme, egalitarianisme serta kontra strata-hirarkis. Begitupun sebaliknya, akuntansi akan terkena dampak nilai-nilai individualistis, egosentris, dan logosentris manakala ia diterapkan dalam konteks masyarakat yang kapitalistik. Inilah yang menjadi karakter mendasar dari akuntansi. Bahwa ia
Rating:Essay Length: 608 Words / 3 PagesSubmitted: May 6, 2011 -
Financial
Michael De Furia Doctor Zhenhn Jin Managerial Finance MBA 6010 16 January, 2011 Assignment # 4 (Week 1 Final Project) Financial ratios are a valuable and easy way to interpret the numbers found in statements. It can help to answer critical questions such as whether the business is carrying excess debt or inventory, whether customers are paying according to terms, whether the operating expenses are too high and whether the company assets are being used
Rating:Essay Length: 682 Words / 3 PagesSubmitted: May 8, 2011 -
Financial Evaluation
Executive summary This report is about a financial appraisal for whether M&S company open 50 stores in Germany. It consists of 4 big parts: investment appraisal, sensitivity of exchange rate and cost of capital, foreign exchange risk, and organizational structure. In the investment appraisal, it needs to consider a lot of information, such as funding, taxation, CAMP, WACC, inflation rate and exchange rate, and also give some relative assumption and prediction, like depreciation. According to
Rating:Essay Length: 3,356 Words / 14 PagesSubmitted: May 9, 2011 -
Nike Financial Analysis
Nike is a company that has thoroughly embedded itself into the psyche of people around the world. It's a company that started with humble origins from selling footwear in the basement to becoming the behemoth in the athletic industry. Bill Bowerman, University of Oregon track & field coach, and Phil Knight, middle-distance runner under Bowerman co-founded Nike. Nike was first established as Blue Ribbon Sports in 1964 as a partnership and the name Nike was
Rating:Essay Length: 1,610 Words / 7 PagesSubmitted: May 9, 2011 -
Accounting Case Study
• For the first provision, if would not preclude sales accounting because it is one of the conditions in 40-18 that clearly states "A requirement to obtain the transferor's permission to sell or pledge that is not to be unreasonably withheld" …. "do not preclude transfer subject to such condition from being accounted for as a sale. The second provision because it is a repurchase of accounts receivable at a fixed price, results in a
Rating:Essay Length: 318 Words / 2 PagesSubmitted: May 10, 2011 -
Corporate Accountability
Corporate accountability is a broad term that is described in the following way according to 12 Manage -The Executive Fast Track (2011): "The moral or legal obligation for companies of being accountable to the shareholders or the stakeholders of the organization or even society as a whole". The problem with corporate accountability lies in who has the authority to ensure that increasingly large multinational corporations are accountable for their activities, accept responsibility for their actions,
Rating:Essay Length: 997 Words / 4 PagesSubmitted: May 10, 2011 -
Financial Shenanigans Apple Inc
Inventory and Depreciation Valuation Apple must order components for its products and build inventory in advance of product shipments. They record a write-down for inventories of components and products, including third-party products held for resale, which have become obsolete or are in excess of anticipated demand or net realizable value. They perform a detailed review of inventory each fiscal quarter that considers multiple factors including demand forecasts, product life cycle status, product development plans, current
Rating:Essay Length: 2,476 Words / 10 PagesSubmitted: May 11, 2011 -
Financial Statements for Metcash Ltd (mts)
FINANCIAL STATEMENTS FOR METCASH LTD (MTS) Although debt as a percent of total capital increased at Metcash Ltd. over the last fiscal year to 35.47%, it is still in-line with the Food and Staples Retailing industry's norm. Additionally, even though there are not enough liquid assets to satisfy current obligations, Operating Profits are more than adequate to service the debt. Cash Collection is among the best in the industry and appears to be getting even
Rating:Essay Length: 421 Words / 2 PagesSubmitted: May 12, 2011 -
Financial Analysis
TABLE OF CONTENTS Executive Summary Introduction Financial Overview of Precise Biometrics AB and its market The Biometric market 3 4 5 5 The Fingerprint of Precise Biometrics AB Vision Business Idea & Strategy Organization Subsidiaries Partners Patents Global Market outlook Europe North America MEA Asia-Pacific Latin America Competition and risk Risk in technology development Partners Patents and IP protection 7 7 7 7 7 7 7 7 7 7 8 8 8 8 8 8
Rating:Essay Length: 286 Words / 2 PagesSubmitted: May 13, 2011 -
International Accounting Standard
1. Introduction The question we address is whether application of International Accounting Standards (IAS) is associated with higher accounting quality than application of non-US domestic standards.1 In particular, we investigate whether accounting amounts of firms that apply IAS exhibit less earnings management, more timely loss recognition, and higher value relevance than accounting amounts of firms that apply domestic standards. The accounting amounts that we compare result from the interaction of features of the financial reporting
Rating:Essay Length: 9,861 Words / 40 PagesSubmitted: May 14, 2011 -
Ratios and Formulas in Customer Financial Analysis
Ratios and Formulas in Customer Financial Analysis Financial statement analysis is a judgmental process. One of the primary objectives is identification of major changes in trends, and relationships and the investigation of the reasons underlying those changes. The judgment process can be improved by experience and the use of analytical tools. Probably the most widely used financial analysis technique is ratio analysis, the analysis of relationships between two or more line items on the financial
Rating:Essay Length: 1,841 Words / 8 PagesSubmitted: May 15, 2011 -
Financial Crisis 2007-2008 Origin
In 1989, to address claims that banks discriminated against the economically weak and poor minorities in mortgage lending, Congress got the Home Mortgage Disclosure Act amended to force banks to collect data on mortgage applicants; this allowed various studies that seemed to validate the original accusation. In fact, poor minority mortgage applications were rejected more frequently than other applications. The overwhelming debate focused on two distinct answers: were the rejections because of racial discrimination, or
Rating:Essay Length: 1,844 Words / 8 PagesSubmitted: May 15, 2011 -
Financial Statements
Financial Statements The world of accounting can often times confuse many people as they attempt to decipher information contained within an organizations financial reports. The federal government has established guidelines for all organizations to operate under in an attempt to standardize reporting procedures and ensure standardization across all genres of business. The following paper will provide background information of several widely used accounting terms . Clarification of Terms General Accepted Accounting Principles (GAAP) are a
Rating:Essay Length: 1,676 Words / 7 PagesSubmitted: May 17, 2011 -
Smith Financial Corporation Busn 520
Abstract In February of 1997 the Smith Financial Corporation brought in a new Director of Management, Frank Miller, to help "shake things up in the company". After only eight months at the company, Miller was fired, for problems with professionalism and communication. Miller also withheld key information concerning important decisions that cost the company financially. Communication became the root of the company's problems with Miller. By altering a few key communication methods by both Smith
Rating:Essay Length: 1,515 Words / 7 PagesSubmitted: May 29, 2011 -
Finishing Management Accounting Group Assignment, I Have Learned Many Useful Things
Finishing Management Accounting Group Assignment, I have learned many useful things. Firstly I learned how to prepare budgets and variance report for manufacturing companies. During preparing forecast for two companies: Hayes and F02 Manufacturing Company, I realized that budgets are very important with the business. They help the business control costs well and can understand what should do in order to reduce risk and improve performance. On other hand, there are many types of budgeting
Rating:Essay Length: 303 Words / 2 PagesSubmitted: June 6, 2011 -
Financial Tables Analysis of Zara Investment Company
FINANCIAL TABLES ANALYSIS OF ZARA INVESTMENT COMPANY Horizontal Vertical Balance Sheet Dec.31,2009 Dec.31,2008 ?Amount ?Percent 2009 2008 CURRENT ASSETS Cash on hands and at banks 7088301 15433236 -8344935 -54,07% 2,60% 6,04% Trading investment 0% 0% Inventories 2141115 2114546 26569 1,26% 0,78% 0,83% Account receivables 7001659 72885 -571226 -7,54% 2,57% 2,96% Other current assets 8362940 5209347 3153593 60,54% 3,07% 2,04% Total current assets 24594015 30330014 -5735999 -18,91% 9,02% 11,87% NON-CURRENT ASSETS Property and equipment 1920876 161953400
Rating:Essay Length: 3,549 Words / 15 PagesSubmitted: July 30, 2011 -
Financial Tables Analysis of Zara Investment Company
FINANCIAL TABLES ANALYSIS OF ZARA INVESTMENT COMPANY Horizontal Vertical Balance Sheet Dec.31,2009 Dec.31,2008 ?Amount ?Percent 2009 2008 CURRENT ASSETS Cash on hands and at banks 7088301 15433236 -8344935 -54,07% 2,60% 6,04% Trading investment 0% 0% Inventories 2141115 2114546 26569 1,26% 0,78% 0,83% Account receivables 7001659 72885 -571226 -7,54% 2,57% 2,96% Other current assets 8362940 5209347 3153593 60,54% 3,07% 2,04% Total current assets 24594015 30330014 -5735999 -18,91% 9,02% 11,87% NON-CURRENT ASSETS Property and equipment 1920876 161953400
Rating:Essay Length: 3,993 Words / 16 PagesSubmitted: July 30, 2011 -
Reasons for the Global Financial Crisis
Reasons for the Global Financial Crisis Mismanagement of financial innovation in the subprime residential mortgage market and a busting of a bubble in housing prices were the underlying forces behind the financial crisis of 2007. Government policies and competitive pressures for several years prior to the crisis encouraged higher risk lending practices. Further, an increase in loan incentives such as easy initial terms and a long-term trend of rising housing prices had encouraged borrowers to
Rating:Essay Length: 414 Words / 2 PagesSubmitted: August 30, 2011