Table of Contents Accounting Concepts and policies…………………………………………………………….. 3 – 7 Relevance of accounting concepts and policies on financial report…………….. 7 – 10 Discount allowed and received………………………………………………………………… 11 – 13 Difference between carriage inwards and carriage outwards……………………. 11 – 13 Differences between straight line and reducing balance methods……………… 11 – 13 References……………………………………………………………………………………………… 14 - 16 Introduction Accounting Concepts and Principles These are rules and
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| Case Study: Analysis of Microsoft’s Accounting Policies Introduction Microsoft’s business As the most widely recognized company in the world‚ Microsoft dominated the home computer operating system market with MS-DOS and Microsoft Windows‚ a graphical extension for MS-DOS in 1980s.The company was founded by Bill Gates and Paul Allen and went public on March 13th‚ 1986 with the price of $25.75 per share. Since going public‚ the company’s performance kept being outstanding. Microsoft not
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Accounting Policies are the specific policies and procedures used by a company to prepare its financial statements. These include any methods‚ measurement systems and procedures for presenting disclosures. Accounting policies differ from accounting principles in that the principles are the rules and the policies are a company’s way of adhering to the rules. Revenue Recognition: Revenue recognition determines the accounting period‚ in which revenues and expenses are recognized. General Mills
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UACEE International Journal of Advances in Computer Networks and its Security - Volume 2: Issue 3 [ISSN 2250 - 3757] Evaluation of Gi-Fi Technology for Short-Range‚ High-Rate Wireless Communication Marzieh yazdanipour Mina Yazdanipour School of Information Technology Jawaharlal Nehru Technological University Hyderabad‚ India E-mail:m_yazdanypoor@yahoo.com College of Commerce and Business Management Osmania University Hyderabad‚ India. E-mail: ammfr_66@yahoo.com Afsaneh Yazdanipour Amin Mehdipour
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TOPIC 1: ACCOUNTING BASES‚ POLICIES‚ AND CONCEPTS ACCOUNTING BASES - These are the methods used for applying fundamental accounting concepts to financial transactions and items‚ preparing financial accounts‚ determining the accounting periods in which revenue and costs should be recognized in the profit and loss account‚ and determining the amounts at which material items should be stated in the balance sheet. - Examples of accounting bases include: Methods of calculating depreciation Methods
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Wi-Fi Security with Wi-Fi Protection Plus Ajin Abraham‚ Joseph Sebastian Vimal Jyothi Engineering College. After conducting a study and analysis of the vulnerabilities of current Wi Fi Security industrial standards‚ we consider the possibility a new security architecture for Wi Fi which we call Wi Fi P+. Wi-Fi P+ is not a complex security architecture. It act as an additional security layer implemented over WPA/WPA2. It also implements some already available features that are not
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DISCRIPTION Objectives To optimize savings from transportation. Can deliver stocks at minimum Cost and secondly it will lead to good serviceability to factory and warehouse and cost saving. Integrated operation linking to 3 main drivers: Fleet Policy‚ Fleet Process (operational management‚ funding‚ etc.) and Procurement Process. ABC.INC main goals are to look at an optimisation of its supplier port- folio (3PL‚ Warehouses and Truck providers) at the same time aiming at a reduction. Indicators
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The Eli Broad College of Business Michigan State University FI 311 FINANCIAL MANAGEMENT Fall Semester 2013 Class Meetings: Lecture: 9:40-11:00 a.m. Tues. and Thurs. or 11:20-12:40 p.m. Tues. and Thurs. Room: N100 BCC YOU MUST ATTEND THE SECTION FOR WHICH YOU ARE REGISTERED. Laptops‚ tablets and cell phones may not be used while in class. Professor: Mrs. Elizabeth Booth Office: 337 Eppley Center Office Hours: Tues/Thurs 1:00-2:30 Phone: 353-4820 (direct line and
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AOL ASSIGNMENT There were two accounting policies used by AOL that were considered aggressive‚ as well as controversial. The first was to amortize its software development costs and the second was to capitalize subscriber acquisition costs. The lifetime‚ for amortization purposes‚ which AOL assigned to software development costs was five years. This was considered by many to be an exceptionally long time considering the pace at which technology was progressing during that period of time.
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ACCOUNTING CHANGES AND ERROR ANALYSIS TRUE-FALSeConceptual Answer No. Description F 1. Change in accounting estimate. T 2. Errors in financial statements. F 3. Adoption of a new principle. T 4. Retrospective application of accounting principle. F 5. Reporting cumulative effect of change in principle. T 6. Disclosure requirements for a change in principle. T 7. Indirect effect of an accounting change. T 8. Retrospective application impracticality. F 9. Reporting changes in accounting estimates
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