Introductory Accounting Finance Essays and Term Papers
515 Essays on Introductory Accounting Finance. Documents 226 - 250
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Breach of Accountability
Breach of Accountability: The Rodney King Case California Highway Patrol attempted to pull Rodney King over for speeding. They chased him for about fifteen minutes before the chase finally ended. While the two California Highway Patrol officers with their firearms drawn attempted to arrest King. Four other officers came and intervened. These officers went on to using excessive force towards King. The process in which excessive force was used is as follows: 1. Physical presence
Rating:Essay Length: 341 Words / 2 PagesSubmitted: February 4, 2010 -
Accounting Principle
ACCOUNTING IN ACTION Definition of Accounting: “Accounting is a services activity. Its function is to provide quantitative information, primarily financial in nature, about economic entities that is to be useful in making economic decisions, in making reasoned choices among alternative courses of action.” ---- AICPA (1970). Accounting is defined as “the process of identifying, measuring, and communicating economic information to permit informed judgments and decisions by users of the information.” --- AAA (1966). Objectives of
Rating:Essay Length: 604 Words / 3 PagesSubmitted: February 5, 2010 -
Managerial Accounting
Managerial Accounting: A Vital Role for the Financial Success of a Company The main objective of any company is to earn a profit now and in the future. Profits are earned when payment for goods or services provided exceed the costs incurred by the company. These profits can greatly be enhanced by important decisions made by managers. Managers are responsible for making proper decisions to allow the company to be profitable. To ensure profitability and
Rating:Essay Length: 6,020 Words / 25 PagesSubmitted: February 5, 2010 -
Long Term Financing
Running Head: Long Term Financing Alternatives Long Term Financing Alternatives Shellie N Phillips, Elias Hernandez, and Deborah Stewart University of Phoenix MBA 503 Joey Oliveri March 19, 2008 Introduction Firms need Capital to finance their assets. The need for long-term capital requires the firm to assure itself of having adequate capital at all times. Financing can be debt based, equity based or a mix of both. Debt is the cheapest form of financing, but it
Rating:Essay Length: 2,510 Words / 11 PagesSubmitted: February 5, 2010 -
Cash Management and Short-Term Financing
Introduction It is important for companies to manage their cash because holding a lot of cash is not necessarily a good thing. In fact many companies will not hold onto excess cash and will in fact invest it into short term investments. Choosing how to manage cash and how to invest the excess is a decision that is up to the company, and is not necessarily an easy one. If a company does not have
Rating:Essay Length: 378 Words / 2 PagesSubmitted: February 6, 2010 -
Accounting Theory
Accounting is in the current state of being an art. It is referred to as a social science, but the question that still remains in view today is should accounting be an art or should it actually be a science? Although the move to scientific based accounting would be desirable in today’s society it is not possible. When you consider the facts of this issue in a true debate style, the scientific based approach does
Rating:Essay Length: 593 Words / 3 PagesSubmitted: February 6, 2010 -
Stern Stewart Journal of Applied Corporate Finance
8 STERN STEWART JOURNAL OF APPLIED CORPORATE FINANCE e recently conducted a comprehensive survey that analyzed the current practice of corporate finance, with particular focus on the areas of capital budgeting and capital structure. The survey results enabled us to identify aspects of corporate practice that are *This paper is a compressed version of our paper that was first published as “The Theory and Practice of Corporate Finance: Evidence from the Field” in the Journal
Rating:Essay Length: 543 Words / 3 PagesSubmitted: February 6, 2010 -
Capital Account Convertibility
Until 1997, Asia attracted almost half of total capital inflow to developing countries. The economies of Southeast Asia in particular maintained high interest rates attractive to foreign investors looking for a high rate of return. As a result the region's economies received a large inflow of hot money and experienced a dramatic run-up in asset prices. At the same time, the regional economies of Thailand, Malaysia, Indonesia, the Philippines, Singapore, and South Korea experienced high
Rating:Essay Length: 1,668 Words / 7 PagesSubmitted: February 8, 2010 -
The Importance of Being Accountable
Accountability The U.S. army values soldiers that are accountable for their actions. Being accountable means being dependable-arriving to work and appointments on time, meeting deadlines, being in the right place at the right time, doing the right thing at the right time. Morning formation is the most important formation of the day. It is made to get accountability of everyone and put out any information that there needs to be dealt with. Without having accountability
Rating:Essay Length: 630 Words / 3 PagesSubmitted: February 8, 2010 -
Finance
Identify an event or series of events that occurred in the financial marketplace falling within the realm of Financial Management, Financial Institutions and Markets, or Investments that raise significant ethical questions. Analyze the events, public policy responses and their impact on the financial markets and economy at large. Suppose you are the CEO of a well respected, multi-million dollar energy company. You stand at the forefront of innovation and you are world-renowned for your pioneering
Rating:Essay Length: 1,144 Words / 5 PagesSubmitted: February 9, 2010 -
Views of Business Ethics & Managerial Accountability
Views of Business Ethics & Managerial Accountability What is the fundamental purpose of a company? Different people have different answers. Some argue that a company should maximize its returns for its shareholders; while others disagree, saying that company should take the interests of employees and customers into consideration. Meanwhile, most people involved in business—whether functioning as a small business owner, employee, or chief executive officer of a multinational company—eventually face ethical or moral dilemmas in
Rating:Essay Length: 761 Words / 4 PagesSubmitted: February 10, 2010 -
Strategic Finance
1. From the following selected operating data, determine the DOL and comment on which company has the greater amount of business risk and why? A B Sales 2500000 3000000 Fixed Cost 0000 1500000 Variable cost 15% of sales 25% of sales 2. Sales 2000000 Variable cost 1400000 Fixed Cost 400000 (includes 15% interest on 1 million borrowing i.) Calculate DOL,DFL ii.) What if sales increase by 100% DOL = %D EBIT or Sales – Variable
Rating:Essay Length: 323 Words / 2 PagesSubmitted: February 11, 2010 -
Lester Electronics Financing Alternative Benchmarking
The first concept that is relevant to the financing alternative benchmarking with Lester Electronics is financial capacity. When it comes to mergers, a company must have enough financial resources to fund the acquisition (Ross, Westerfield, & Jaffe, 2005). The two companies that were benchmarked, namely, Fidelity Bank and Dow Jones, exemplify the importance of possessing ample financial support to be involved in a merger. The Fidelity Bank of Nassau, Bahamas is recently negotiating a cross-border
Rating:Essay Length: 321 Words / 2 PagesSubmitted: February 12, 2010 -
Intermediate Accounting Paper
Intermediate Accounting Paper The Financial Accounting Standards Board (FASB) is a private, not-for-profit organization whose primary purpose is to develop generally accepted accounting principles (GAAP) within the United States in the public's interest. The Securities and Exchange Commission (SEC) designated the FASB as the organization responsible for setting accounting standards for public companies in the U.S. It was created in 1973, replacing the Accounting Principles Board and the Committee on Accounting Procedure of the American
Rating:Essay Length: 1,178 Words / 5 PagesSubmitted: February 12, 2010 -
Financing Alternatives
Financing Alternatives Lester Electronics (LEI) is in a position to acquire Shang-Wa Electronics. LEI is investigating several different financing options in order to make the acquisition profitable for both companies. Financing alternatives that are being considered are: issuing common stock, issuing preferred stock, issuing bonds, or a mixture of the three options. The purpose of this paper is to introduce the advantages and disadvantages of each financing option as it relates to this particular acquisition
Rating:Essay Length: 781 Words / 4 PagesSubmitted: February 12, 2010 -
Tax Law and Accounting
Tax Law and Accounting In today’s society income taxes are something in which almost everyone is familiar. However, the tax law and general purpose of income taxes is something in which the general society gives little thought. In addition, few tax preparers are aware that differences exist between the Generally Accepted Accounting Principles (GAAP) and tax accounting, not to mention the ramifications of avoiding or evading to proper complete the reporting of income taxes. This
Rating:Essay Length: 1,399 Words / 6 PagesSubmitted: February 12, 2010 -
Security and Accountability
Security and accountability is vary important especially in an arms room. Without security the world would be a lot more dangers place. There would be a lot more theft and even more killings. With out security there would be no protection from kidnappings and anyone could get a gun since there is not security to make sure that they are allowed to have it. The army has many Regulations and Pamphlets that cover this topic.
Rating:Essay Length: 1,541 Words / 7 PagesSubmitted: February 13, 2010 -
Accounting Review
Overview of Accounting Paper MBA/503 Introduction to Finance and Accounting Accounting and finance are topics we tend to leave to the “professionals”. They are daunting and elusive terms to the small business owner and they might even conjure up a little fear. Today we can change all that, it is important to know every facet of your business to achieve success. We will begin to explore the financial world of business and learn how to
Rating:Essay Length: 1,102 Words / 5 PagesSubmitted: February 14, 2010 -
Eaquity Theories of Accounting
Following is an income statement calculated based on the different equity theories of accounting. Entity Theory Proprietary Theory Orthodox Unorthodox Residual Equity Theory Revenues $ 1,000,000 $ 1,000,000 $ 1,000,000 $ 1,000,000 Less: Operating Expenses Cost of goods sold $400,000 $400,000 $400,000 $400,000 Depreciation $100,000 $100,000 $100,000 $100,000 Salaries and Wages $200,000 $200,000 $200,000 $200,000 Operating Income $ 30,000 $300,000 $300,000 $300,000 Less Bond Interest $80,000 $80,000 $80,000 Dividend on Preferred Stock $30,000 $30,000 Dividend
Rating:Essay Length: 266 Words / 2 PagesSubmitted: February 14, 2010 -
Financial and Managerial Accounting
Financial and Managerial Accounting According to the Illinois State Board of Education financial accounting is “the recording and reporting of activities and events affecting the money of an administrative unit and its program. Specifically, it is concerned (1) with determining what accounting records are to be maintained, how they will be maintained, and the procedures, methods, and forms to be used; (2) with recording, classifying, and summarizing activities or events; (3) with analyzing and interpreting
Rating:Essay Length: 1,376 Words / 6 PagesSubmitted: February 15, 2010 -
The History of Accounting
The History of Accounting Business 100 Sherika R. Smith For thousands of years, people have been coming up with ways to advance the accounting concept. Many have tried to develop their own way of measuring accounting. Though it has come along way, I will discuss some of the events that paved the way for accounting history from the past to the present day. First, I will discuss how the first accounting records came about and
Rating:Essay Length: 978 Words / 4 PagesSubmitted: February 16, 2010 -
Accounting Fixed and Variable Costs
Fixed and Variable Costs Item: Raw Materials (cost for hamburgers) Total Annual Cost: 650 Item: Building Rent Total Annual Cost: 9000 Identify which cost item above is fixed and variable and why? What is the cost per unit of each? Suppose we increased our sales volume to 6000 units and then to 8000 units the following year (and are still within the relevant range), what would be the total annual cost and unit cost of
Rating:Essay Length: 418 Words / 2 PagesSubmitted: February 18, 2010 -
Choose a Current International Accounting Standard (ias) or International Financial Reporting Standard (ifrs).Briefly Summarise Its Provisions and Assess Whether the Standard Can Be Considered to Be Principles-Based or Rules-Based
Introduction There are mainly two accounting standards: principle-based and rule-based in the accounting system. This paperwork will chose one regulation in International Accounting Standard, which is covered the regulations on inventory. After the brief summary of IAS 2, there will be a discuss about the IAS 2’s characteristics. Summary of IAS 2 In summary, the objective of IAS 2 is to prescribe the accounting treatment for inventories. It provides guidance not only for determining the
Rating:Essay Length: 1,108 Words / 5 PagesSubmitted: February 18, 2010 -
Advantages and Disadvantages of Historical Cost Accounting, Alternatives to Historical Cost Accounting
Advantages and disadvantages of historical cost accounting, alternatives to historical cost accounting 2.1 Introduction Accounting concepts and conventions as used in accountancy are the rules and guidelines by which the accountant lives. The historical cost accounting convention is an accounting technique that values an asset for balance sheet purposes at the price paid for the asset at the time of its acquisition. The historical cost accounting is the situation in which accountants record revenue, expenditure
Rating:Essay Length: 1,230 Words / 5 PagesSubmitted: February 18, 2010 -
Gender Differences in Eyewitness Accounts
Gender Differences in Eyewitness Accounts RUNNING HEAD: GENDER DIFFERENCES Abstract In this study, we examined differences between males and females in the accuracy of their eyewitness accounts. The effects of gender will be explored. Thirty-seven college age students from Southern Connecticut State University were involved in eye witnessing an act of stealing by two perpetrators. The eyewitnesses were then asked to describe the characteristics of the perpetrators in two questionnaires. It was hypothesized that
Rating:Essay Length: 1,759 Words / 8 PagesSubmitted: February 19, 2010