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Accounting for Non-Specialists

March 18, 2016 | Author: | Posted in accounting, mathematics and economics

ACCOUNTING FOR NON-SPECIALISTS Accounting is indeed of great importance to any business organisation It is the lifeblood of any business as its helps managers to keep track of what is going on in their organisation and to structure information in a clear and consistent manner . Companies use accounting to make decisions and to communicate …

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Schooling being standardized for all

March 18, 2016 | Author: | Posted in accounting, mathematics and economics

Should Schooling be Standardized Standards permeate our educational system in regard to curriculum assessment and educational management . So far as the goal of the introduction of standards is concerned , Sacks once stated that standardized testing was aimed at efficiently sorting the students community (2000 , . 9 . The same goal of sorting …

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1/2 Accounting for Non-Specialists

March 18, 2016 | Author: | Posted in accounting, mathematics and economics

Reinforcing the Role of Accounting in the Age of Globalization As the world of business is revitalizing to answer the demands set by globalization , the role of international accounting could never lose its way to serve the needs of the different users of the accounting information . In view of this , the London-based …

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The Exclusion of Some Intangible Assets on the Balance Sheet

March 18, 2016 | Author: | Posted in accounting, mathematics and economics

No : The Exclusion of Some Intangible Assets on the Balance Sheet Introduction This seeks to discuss the view that the exclusion of some intangible assets from the Balance Sheet ( is inconsistent and gives an incomplete picture , which cannot be justified by the requirements for accounts to be objective and prudent . This …

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accounting problem

March 18, 2016 | Author: | Posted in accounting, mathematics and economics

Required :- fill in the missing parts ) of the Pro-forma Cash Flow Statement for ACB for the year to 31 .12 .05 (Kindly ask you to explain how you get the answers and number in details for each one Write a brief Report to the directors of ABC , to explain what your Cash …

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PUBLIC COMPANY

March 18, 2016 | Author: | Posted in accounting, mathematics and economics

The role of ethics in accounting profession can hardly be overestimated Ethical values serve as a background for existence and functioning of a civilized society . Without the necessary ethical background society and economy would collapse . Accounting profession is not excluded from the general rule , but should be even more emphasized due to …

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Role & Funcitons of Law

March 18, 2016 | Author: | Posted in accounting, mathematics and economics

The Functions and Roles of Law in Business and Society (For clarity , the concept of law discussed here is the explicit systematic , coercive modern law , as imposed by a society upon itself , by way of a government First , a definition of Law . Law is a collection of (ideally ) …

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Just-in-Time

March 18, 2016 | Author: | Posted in accounting, mathematics and economics

Just-in-Time DQ6b . `Things that are running smoothly should not be subject to any control . If you commit yourself to just finding and fixing problems you`ll be able to carry out effective control (within an organisation with fewer personnel .` (Minoura , 2003 The above statement means that an effective organization will organize the …

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accounting and budget

March 18, 2016 | Author: | Posted in accounting, mathematics and economics

ACCOUNTING AND BUDGET Some businessmen still think that they do not need a budget because their business is simple and they are able to keep everything in their head . However , reality shows that businessmen can dramatically improve their resource management if they care to implement even a simple budget . Budgets serve as …

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Managerial Accounting & Organizational Controls

March 18, 2016 | Author: | Posted in accounting, mathematics and economics

“BALANCE SHEET OF VICTORIA KITE COMPANY , MELBOURNE AS ON 31st JANUARY 28th OF FEB 31st of MARCH ,2005 “As on 31-1-05 “As on 28-2-05 “As on 31-3-05 “As on 31-1-05 “As on 28-2-05 “As on 31-3-05 “Assets “Amount in “Amount in “Amount in “Liabilities “Amount in “Amount in “Amount in “Caah “5100 “37691 “32991 …

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