Advantages And Disadvantages Of Using Xbrl General Ledger Essays and Term Papers

  • Literature Review of XBRL

    Literature Review of XBRL Group 14: Literature Review of XBRL Z Abstract XBRL (eXtensible Business Reporting Language) is a standard XML reporting language to enhance the efficiency, reliability and accuracy of financial reporting. Since its foundation in 1998, XBRL has been developing...

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  • Acgt

    Bank, Chapter 8 Chapter 8General Ledger, Financial Reporting, and Management Reporting Systems TRUE/FALSE 1. The most common means of making entries in the general ledger is via the journal voucher. ANS: T PTS: 1 2. Individuals with access authority to general ledger accounts should not prepare journal...

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  • Finance for Non-Finance Executives

    Statement Cash Flow Statements Analysis of Financial Statements Equity & Debt Finance Working Capital Finance Accounting Standards An Introduction to XBRL 4 5 Glossary Capital: Capital is the amount invested by the proprietor in the business. Capital is sometimes also known as owner’s equity...

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  • Fated4Life

    from the general ledger to the financial close software with automatic match (e.g posting) to the correct account. 2) Automatic update (data linking): automatic update occurs when a change in one value in the software automatically updates all the corresponding references. 3) Ledger close/sub-ledger...

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  • Accounting Information System 7e

    System: An Accountant’s Perspective 3 THE INFORMATION ENVIRONMENT 4 What Is a System? 5 An Information Systems Framework 7 AIS Subsystems 9 A General Model for AIS 10 Acquisition of Information Systems 14 ORGANIZATIONAL STRUCTURE 15 Business Segments 15 Functional Segmentation 16 The Accounting...

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  • Chapter 1 Accounting Information Systems and the Accountant

    accounting systems. 3. Be familiar with suspicious activity reporting. 4. Understand how financial reporting is changing with advances in IT, such as XBRL. 5. Appreciate how IT allows management accountants to use business intelligence to create dashboards and scorecards. 6. Know why auditors provide a...

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  • Information Technology: Transformation in Financial Services

    responsible for the rapidity and magnitude of change in the financial service industry. However, other factors such as the legal/regulatory environment general economic conditions and the demands of users have also have a significant impact on the industry The changes that have taken place in the financial...

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  • Blahh

    Alba Lika Dr. Basoglu Cost Accounting Extra credit Report December 9, 2010 The recent SEC requirements for adopting XBRL Before the Great Depression of the 1930s federal regulations of the securities markets were not as developed as they are today. When the stock market crashed public...

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  • AIS accounting info system

    System: An Accountant’s Perspective 2 The Information Environment 3 What Is a System? 4 An Information Systems Framework 6 AIS Subsystems 9 A General Model for AIS 10 Acquisition of Information Systems 15 Organizational Structure 16 Business Segments 16 Functional Segmentation 17 The Accounting...

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  • Accountancy

    what is implemented to safeguard the data 2. Model Base Management Contents * 1 History * 2 Software architecture of a modern AIS * 3 Advantages and implications of AIS * 4 How to effectively implement AIS * 5 See also * 6 References | History Initially, accounting information systems...

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  • Information Technology Auditing and Assurance

    Approaches 253 Batch Processing Using Real-Time Data Collection 256 Real-Time Processing 258 Controlling the TPS 258 Data Coding Schemes 258 A System without Codes 258 A System with Codes 260 Numeric and Alphabetic Coding Schemes The General Ledger System 264 The Journal Voucher 264 ...

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  • Xbrl

    LEVERAGING XBRL FOR VALUE IN ORGANIZATIONS Abstract ISACA and IFAC have jointly developed this paper to provide accounting and assurance professionals with guidance to leverage value from XBRL initiatives and compliance requirements. XBRL is a specialized form of eXtensible Markup Language (XML), a...

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  • Xbrl Assurance

    Assurance of XBRL Introduction * Extensible Business Reporting Language (XBRL) is a new technology with the purpose to aid in the creation of financial statements and reports. It is meant to make financial reports be intrinsically accurate, contextually sound, easily accessible to users of financial...

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  • Xbrlwhitepaper

    Transforming Financial Information – Use of XBRL in Federal Financial Management Financial Information Sharing (FIS) Subcommittee Financial Management Committee Collaboration and Transformation SIG Date Released: February 2007 The following White Paper addresses the current status toward adoption...

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  • Ain2601

    Final mark ................................................................................................................................... 15 General assignment numbers ..................................................................................................... 16 Unique assignment numbers...

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  • How to Implement a Standard Chart of Accounts Effectively

    requirements, which can have an impact on the COA, revolve around taxation. For larger companies with overseas subsidiaries that will be using the same general ledger system, it is important to consider country-specific requirements when completing the COA, while providing as much consistency as possible...

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  • Financial Management

    statements based on Generally Accepted Accounting Principles of a respective country. Financial accounting serves following purposes:  producing general purpose financial statements  provision of information used by management of a business entity for decision making, planning and performance evaluation ...

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  • Riordan Manufacturing Revenue Cycle

    Each operating entity keeps independent financials including a general ledger, accounts payable and receivable, order entry, procurement, sales and purchasing history, invoicing and shipping, payroll, and financial reporting. The advantage of having each unit run as its own business is that each unit...

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  • Ehem

    page layout, fonts, and graphic elements used to lay out information for display in an appealing manner like one sees in magazines and newspapers using both text and graphics (including pictures) appeals to users Hypertext links to other documents on the Web Even more pertinent is HTML’s support for...

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  • ranknfile

    was conferred by The George Washington University in 1986 (accounting major and information systems minor). From 1973 to 1976, she was employed by General Electric in Syracuse, New York, where she completed the company’s Financial Management Training Program. Dr. Bagranoff passed the CPA examination...

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