An Assignment on Conceptual Framework of Accounting An Assignment on Conceptual Framework of Accounting Course Name: Financial Accounting-II Course Title: MGT-204 Submitted By: Md. Nazrul Islam ID#2340 2nd Batch Department of Management Studies Submitted To: AKM Anisuzzaman Lecturer‚ Dept of Accounting & Information Systems Jahangirnagar University‚ Savar‚ Dhaka Date of Submission:____May 2013 Conceptual Framework: A conceptual framework establishes the concepts
Premium Generally Accepted Accounting Principles Balance sheet Income statement
Abstract This essay protrudes the objective of general purpose financial reporting (GPFR) as edged in the conceptual framework. The essay instigated with a brief history and development of conceptual framework which comprises Statement of Accounting Concepts. Apart from that‚ the essay also clarifies on how the financial information is essential for the users as stated in the SAC 2‚ for decision making purposes. Additionally‚ an illustration of the relationship between the SACs and how they are
Premium International Financial Reporting Standards International Accounting Standards Board Financial statements
Introduction With development of accounting standards and surrounding‚ the International Accounting Standard has updated several times in accordance with changing situation. Therefore‚ the new IASB Conceptual Framework‚ published in 2010‚ replaced IASB Framework for the Preparation and Presentation of Financial Statements. (Melville‚p17) Financial statement‚ which is usually contained in entity’s annual report‚ is prepared for existing and potential investors to make their economic decisions.
Premium Balance sheet Financial statements International Financial Reporting Standards
School of Management Semester 1‚ Academic Session 2013/14 ACW 367: Accounting Theory & Issues THE CONVERGENCE TO A GLOBAL ACCOUNTING STANDARD LECTURER: PROFESSOR DR. FAUZIAH MD. TAIB GROUP MEMBERS: BIL NAME MATRIC NO. 1 MUHAMAD FAZLULLAH B MUHAMAD NAZRI 108548 2 SITI NUR AMIRAH BT SAIKH MD NOR 108569 [ACKNOWLEDGEMENT] Through this opportunity‚ we would like to thank Professor Dr. Fauziah Md. Taib‚ our ACW367’s lecturer because she gave us a lot of valuable information
Premium International Financial Reporting Standards Financial statements
Theoretical Framework Theoretical Framework Through the course material as well as the knowledge gleaned through research of gap analysis in reflective nursing practice‚ it is clear that reflective practice is widely accepted in literature and by educators as utilitarian in promoting a high-level of nursing performance. However‚ bridging the gap between academia and the world of clinical practice continues to be problematic‚ as the orientation of academia
Premium Nursing Nursing theory
Financial Accounting Standards Board ORIGINAL PRONOUNCEMENTS AS AMENDED Statement of Financial Accounting Standards No. 19 Financial Accounting and Reporting by Oil and Gas Producing Companies Copyright © 2008 by Financial Accounting Standards Board. All rights reserved. No part of this publication may be reproduced‚ stored in a retrieval system‚ or transmitted‚ in any form or by any means‚ electronic‚ mechanical‚ photocopying‚ recording‚ or otherwise‚ without the prior written permission
Premium Financial Accounting Standards Board Depreciation Petroleum
(Figure 1.0. Conceptual Framework of the PUPSMBC Student Council Voting System through SMS) The proponents used the Input Process Output Diagram (IPO) as their Conceptual Framework of the study which guides while undergoing the study. The Input (I)‚ the Process (P)‚ and the Output (O)‚ these variables are the component of inquiry. The Input as the source of information‚ the Process as the procedure undergoes and the Output showed the result of the process information and the target system
Premium Windows XP Microsoft Windows Windows Vista
Theoretical Framework Figure 1.1 Theoretical Frameworks The team proposed the Daily Sales and Inventory Management System is the volitional break of the operative material flow; and thus deliberately composed stocks develop. Inventory System needs a storage that means a room‚ building or area to store the item. The in-pouring items are called storage input‚ the outpouring items storage output. Therefore inventory system contains all activities and considers all consequences‚ which are connected
Premium Inventory Supply chain management Output
CHAPTER II: THEORETICAL FRAMEWORK 2.1 Introduction In this fast-paced era‚ the need for faster‚ reliable and more convenient systems increases in any aspects of the society. Certain problems exist such as the slow manual sales system of some evolving business firms‚ effective reduction of the number of vehicular accidents that occur‚ security problems in some establishments or even in parking areas and more. One of the reasons why these problems arise is the lack of innovations that is why automated
Premium Serial port Waterfall model Rapid application development
Conceptual Frameworks In chapter 1 some of the sections that mainly stood out to me were the concept of identity‚ dominant and subordinate groups‚ and the concept of privilege. The readings in this chapter took me through several steps as I read. I first thought about identity and how I view myself. Then I thought on how others view me. Identity then led into dominant and subordinate groups. The way I identify myself places me in a dominant or subordinate group
Premium Social injustice Social justice Sociology