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Last update: October 23, 2016
  • Accounting Finance Formula

    Accounting Finance Formula

    Market capitalization – number of shares outstanding multiplied by price per share (do not confuse with market capitalization rate). Liquidity – the ability to convert an asset into cash easily and at fair value * Long position – if you are “Long” a stock, you own it. * Short position -- If you are “Short” as stock, you have shorted it. Order Type Purpose Trigger price Market Order Trade (buy, sell or short) at current

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    Essay Length: 687 Words / 3 Pages
    Submitted: December 17, 2014 By: hiep nguyen
  • The Reasons Fasb Released Accounting Standards Codification

    The Reasons Fasb Released Accounting Standards Codification

    AC 600 – Current Topics Spring, 2015 February 2, 2015 Synthesis – MODULE 6 The articles in the reading set mainly talk about FASB codification and the guidance of using it. This set of reading can be divided into three groups: (1) the reasons FASB released accounting standards codification; (2) benefits of FASB accounting standard codification. (3) guidance of using FASB accounting codification. The articles together give me a general view about FASB new released

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    Essay Length: 812 Words / 4 Pages
    Submitted: February 20, 2015 By: beibei
  • Students Should Not Be Allowed a Facebook Account

    Students Should Not Be Allowed a Facebook Account

    “Should young children be allowed to own a facebook account?’’ This is the question which parents are batting around. Young children are those who are 6-12 years old. Currently, Facebook requires everyone to be at least 13 years old before they can create an account, which in other words doesn’t allow young children to own a Facebook account. Some supported what facebook did while some disagreed. In my opinion, young people should not be

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    Essay Length: 564 Words / 3 Pages
    Submitted: May 3, 2015 By: Phoebe Wong
  • Husband or Bank Account

    Husband or Bank Account

    Preisler Destini Preisler Mrs. Corsun English Period 4/5 September 16, 2014 Husband or Bank Account From the first line of Pride and Prejudice, Jane Austin grabs our attention with a line referring to marriage. “It is a truth universally acknowledged, that a single man in possession of a good fortune, must be in want of a wife,” (Austin 1). This first sentence really caught my eye and made me think of the saying, “It doesn’t

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    Essay Length: 1,180 Words / 5 Pages
    Submitted: May 21, 2015 By: deciijade
  • The Effects of Technoogy on the Accounting Profession

    The Effects of Technoogy on the Accounting Profession

    THE EFFECTS OF TECHNOLOGY ON THE ACCOUNTING PROFESSION The Effects of Technology on the Accounting Profession Jessica Y Hicks ACC/ 340 Irene Branum 6/1/2015 The Effects of Technology on the Accounting Profession In today’s corporate world accounting technology is a very important part of almost every company whether big or small. A lot of people do not even think about much of a role accounting technology plays in running a business. Accounting information systems can

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    Essay Length: 743 Words / 3 Pages
    Submitted: June 7, 2015 By: jayeusmc
  • Accounting Principles Paper

    Accounting Principles Paper

    In 2001, two engineers created Jervis-Bannister, Inc. with little business and no accounting training. In 2013, the company was acquired by one of their major manufacturers. After conducting an internal audit that same year, many false accounting facts were surfaced. In this paper, I will identify whether the six false accounting facts represent an accounting error or accounting change and if so what type. I will also explain the accounting and reporting guidelines for each

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    Essay Length: 2,112 Words / 9 Pages
    Submitted: August 5, 2015 By: atremblay
  • Accounting in the Society

    Accounting in the Society

    Introduction Accounting is the skill of identifying, recording, summarising, reporting and analysing the financial business transactions. The skill is used to manipulate and simplify the financial data for the presentations designed to the organizations and individuals of the society. Without the use of accounting chaos will arise and businesses, organizations and industries will all fail to operate due to the lack of apropos knowledge relating to the running commerce. Throughout this report I will be

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    Essay Length: 893 Words / 4 Pages
    Submitted: August 8, 2015 By: melissa98
  • Major Accounting Policies in the Fmcg Sector

    Major Accounting Policies in the Fmcg Sector

    Major Accounting Policies in the FMCG Sector The Financial statements of FMCG companies are basically prepared in accordance with the Generally Accepted Accounting Principles in India (GAAP) and to comply with the Accounting Standards notified under the Companies (Accounting Standards) Rules, 2006 (as amended) and the relevant provisions of the Companies Act, 1956. We will discuss the important policies that are followed by the FMCG companies in preparation of their financial statements. Revenue Recognition The

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    Essay Length: 606 Words / 3 Pages
    Submitted: August 14, 2015 By: Anand Saminathan
  • Accounting Law

    Accounting Law

    1. Are negotiable instruments more similar to money or to contracts? Explain I believe negotiable instruments are more similar to money. Negotiable instruments are a written document containing the signature of the creator that makes an unconditional promise or order to pay a certain sum of money, either at a specified time or on demand. Negotiable instruments are executed on a daily basis in for of checks, certificated of deposits, drafts and promissory notes in

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    Essay Length: 868 Words / 4 Pages
    Submitted: September 19, 2015 By: zhengdemort
  • Duties of Accounting officer

    Duties of Accounting officer

    ACCOUNTING OFFICER 1. Responsible for Cash Management * Prepares cash requirement for requisitions from operations * All expenses and payments are true and correct * Checks correctness and submits Liquidation of various cash requirements 1. Responsible for Bank Deposits * All cash from branch sales are deposited accurately * Amount of Daily Sales of the branches are true and correct * All collections from other income are deposited accurately 1. Responsible for Check Disbursement *

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    Essay Length: 840 Words / 4 Pages
    Submitted: October 2, 2015 By: Candis Yu
  • Case Report Forensic Account

    Case Report Forensic Account

    EXECUTIVE SUMMARY (subject to modifications – according to facts/case presented) At around 2003, Tan Chai Yoong (“TCY”) which is the Director of WORLD RESOURCES AMPLE UNITED SDN. BHD ("WRAU") formerly known as CHAT EZY VENTURE SDN. BHD (“Chat Ezy”) was introduced by Mohammed Azmi (“Azmi”) which is Director in AMPLE UNITED CONSTRUCTIONS to Lee Kian Voon ("LKV"). Azmi and LKV told TCY that Gerbang Perdana Sdn Bhd have has been awarded one project of design,

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    Essay Length: 1,747 Words / 7 Pages
    Submitted: October 22, 2015 By: kacangkedut
  • Acg 6805 Accounting Theory Syllabus

    Acg 6805 Accounting Theory Syllabus

    ACG 6805 Accounting Theory Fall 2015 Professor: Greg Trompeter Office: 323 BA I Phone: 407.823.2150 Office hours: Tuesday before class; as announced in class; and by appointment. Required texts: Readings available as noted below. * Trueblood cases from Deloitte. Available at: http://www.deloitte.com/view/en_US/us/About/university-relations/Deloitte-Foundation/0ac1264f0b0fb110VgnVCM100000ba42f00aRCRD.htm * FASB codification—password to be handed out in class. You may log in at http://aaahq.org/ascLogin.cfm Objectives This course examines: * How accounting principles are established and monitored by standard setters. * The strengths

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    Essay Length: 8,162 Words / 33 Pages
    Submitted: November 1, 2015 By: corey chamberlain
  • Acg 6805 Accounting Theory

    Acg 6805 Accounting Theory

    ACG 6805 Accounting Theory Fall 2015 Professor: Greg Trompeter Office: 323 BA I Phone: 407.823.2150 Office hours: Tuesday before class; as announced in class; and by appointment. Required texts: Readings available as noted below. * Trueblood cases from Deloitte. Available at: http://www.deloitte.com/view/en_US/us/About/university-relations/Deloitte-Foundation/0ac1264f0b0fb110VgnVCM100000ba42f00aRCRD.htm * FASB codification—password to be handed out in class. You may log in at http://aaahq.org/ascLogin.cfm Objectives This course examines: * How accounting principles are established and monitored by standard setters. * The strengths

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    Essay Length: 8,162 Words / 33 Pages
    Submitted: November 1, 2015 By: corey chamberlain
  • Cost and Management Accounting Analysis of Furniture Industry

    Cost and Management Accounting Analysis of Furniture Industry

    Cost and Management Accounting Analysis of Furniture Industry A Project Report Submitted in partial fulfillment of the requirements for the award of the Degree of Master of Business Administration Vinod Gupta School of Management, IIT Kharagpur By Gaurav Singla - 15BM60065 Industry Visited: Steel Raj Furniture shop Address: Kharagpur, West Bengal Indian Furniture Industry The furniture industry in India is considered as an "unorganized" sector, with hand craft production accounts for about 85% of the

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    Essay Length: 1,201 Words / 5 Pages
    Submitted: November 2, 2015 By: ggsingla
  • Personal Statement for Accounting and Finance

    Personal Statement for Accounting and Finance

    One of the differences between man and other species is the ability of man to plan the future for themselves; this ability to plan will be wasted without capability in execution of steps needed to achieve the goal. I have grown up in a family with average income, where the ability to budget oversea education is not foreseeable without planning. Once decided for my oversea education, my parents started performing annual budgeting and recorded monthly

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    Essay Length: 734 Words / 3 Pages
    Submitted: November 16, 2015 By: Xi Yuan Chan
  • Brand Valuation: Accounting Perspective

    Brand Valuation: Accounting Perspective

    Brand Valuation: Accounting Perspective Abstract: Brands are one the most valuable assets for any business firm without any doubt. But this value is subjective in nature and it is very difficult to arrive at an absolute, quantified value for the treatment in financial statements. Last 3 decades witnessed the lots of debate in this area of discipline. This paper explores the evolution in the accounting for the brands in recent past and trouble with the

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    Essay Length: 1,911 Words / 8 Pages
    Submitted: December 29, 2015 By: Himanshu Srivastava
  • Flipkart Brand Valuation: Accounting Perspective

    Flipkart Brand Valuation: Accounting Perspective

    Brand Valuation: Accounting Perspective Abstract: Brands are one the most valuable assets for any business firm without any doubt. But this value is subjective in nature and it is very difficult to arrive at an absolute, quantified value for the treatment in financial statements. Last 3 decades witnessed the lots of debate in this area of discipline. This paper explores the evolution in the accounting for the brands in recent past and trouble with the

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    Essay Length: 1,911 Words / 8 Pages
    Submitted: December 29, 2015 By: Himanshu Srivastava
  • Tri-Ace Enterprise Management Accounting

    Tri-Ace Enterprise Management Accounting

    EXECUTIVE SUMMARY Company History and Background Tri-Ace Enterprise, a small business enterprise officially joined the computer industry by selling parts, accessories and peripherals back in 2010. This enterprise was established to cater the local industry from the growing industry and seize the opportunity to promote technical products to small offices, banks and local net internet café shops in Central Luzon. In the early 2011, the company has included different kinds of services such as computer

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    Essay Length: 5,602 Words / 23 Pages
    Submitted: February 15, 2016 By: atiu2001
  • Report Accounting Theory and Policy

    Report Accounting Theory and Policy

    1.0 Introduction Malaysian Financial Reporting Standard (MFRS) 138 defined intangible asset as “an identifiable non-monetary asset without physical substance held for use in the production or supply of goods or services, for rental to others, or for administrative services”. In the revised standard, the requirement for the asset to be held for use in the production or supply of goods or services, for rental to others, or for administrative services was eliminated from the definition

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    Essay Length: 1,659 Words / 7 Pages
    Submitted: February 24, 2016 By: ccboy
  • The Accounting Statement (chinese/ English Bilingual Version).

    The Accounting Statement (chinese/ English Bilingual Version).

    会计报表术语中英文对照 一、损益表INCOME STATEMENT Aggregate income statement 合并损益表 Operating Results 经营业绩 FINANCIAL HIGHLIGHTS 财务摘要 Gross revenues 总收入/毛收入 Net revenues 销售收入/净收入 Sales 销售额 Turnover 营业额 Cost of revenues 销售成本 Gross profit 毛利润 Gross margin 毛利率 Other income and gain 其他收入及利得 EBITDA 息、税、折旧、摊销前利润(EBITDA) EBITDA margin EBITDA率 EBITA 息、税、摊销前利润 EBIT 息税前利润/营业利润 Operating income(loss) 营业利润/(亏损) Operating profit 营业利润 Operating margin 营业利润率 EBIT margin EBIT率(营业利润率) Profit before disposal of investments 出售投资前利润 Operating expenses: 营业费用: Research and development costs (R&D) 研发费用 marketing

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    Essay Length: 971 Words / 4 Pages
    Submitted: February 25, 2016 By: Yi Cai
  • Reflective Essay on Journal of Accountancy: Expanding Your App-Titude

    Reflective Essay on Journal of Accountancy: Expanding Your App-Titude

    Reflective Essay on Journal of Accountancy: Expanding your App-titude As an Accounting student in the robotic age, almost every little thing I do is done with only a few touches and clicks. Everytime I want to know the news and updates around me, I just open my smartphone and I get all information I needed in just a few clicks. Whenever I need to finish a research project or just tame my hunger for new

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    Essay Length: 585 Words / 3 Pages
    Submitted: April 10, 2016 By: Cheery Mars Aquiles
  • Account - Summary of Learnings from Chapter 21-23

    Account - Summary of Learnings from Chapter 21-23

    University of Cebu College of Business and Accountancy Sanciangko St., Cebu City Summary of Learnings from Chapter 21-23 (Finance 4) Submitted by: Submitted to: Jecky S. Pilapil BSA 4 Miss Charisma Mamalias, CPA No matter what we do in life, there is always a risk and it’s up to us to accept it or just let it be. In all aspects of life, there is always a risk attached to it, and we have the

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    Essay Length: 2,733 Words / 11 Pages
    Submitted: April 11, 2016 By: jecky pilapil
  • Acf 5956 Advanced Financial Accounting

    Acf 5956 Advanced Financial Accounting

    ACF5956 Advanced financial accounting Immediate Feedback Assessment Task Week 2 INSTRUCTIONS: 1. Record your responses to the following questions on the card provided. You should scratch the answer you think is correct. If a star appears in the scratched box you have the correct answer. You should continue on with further attempts until you see the star. 2. Please provide the name and student number for each member of your group on the sheet attached

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    Essay Length: 831 Words / 4 Pages
    Submitted: August 16, 2016 By: jiangxiaotong88
  • Is Fair Value Accounting Fair?

    Is Fair Value Accounting Fair?

    Content: 1. Introduction 2 2. Informativeness as the Main Advantage of Fair Value Accounting 4 3. Disadvantages of Fair Value Accounting 7 4. Fair Value and its Relations with Financial Crises 9 5. Conclusion 11 6. References 14 1. Introduction In this paper, the fair value accounting measurement for assets and liabilities will be discussed in terms of its major advantages and disadvantages. It will build upon previous literature about the debates among fair value

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    Essay Length: 5,021 Words / 21 Pages
    Submitted: September 18, 2016 By: coralala
  • Analyses and Recommendations for the Different Cost Accounting Systems of Seligram, Inc

    Analyses and Recommendations for the Different Cost Accounting Systems of Seligram, Inc

    SUBJECT: Analyses and Recommendations for the Different Cost Accounting Systems of Seligram, Inc.: Electronic Testing Operations This memo is to provide professional recommendations for Seligram, Inc.: Electronic Testing Operations to handle the critical issues faced in cost accounting system. We have discovered a number of key successes as well as areas need improvement. The analyses and recommendations for Seligram, Inc.: Electronic Testing Operations are found below: ANALYSES: For the existing cost accounting system, it only

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    Essay Length: 1,034 Words / 5 Pages
    Submitted: September 27, 2016 By: Li Dongdong

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