Lately‚ I have been hearing a lot of talks from my friends and colleagues that they have enrolled their parents‚ close relatives and loved ones to the Al-Anon group. I was a little bit curious and asked my colleague what was the buzz all about this Al-Anon group‚ and she directly answered me that it was the answered prayer she was praying for her mother. She shared with me that it’s been a while that their family had troubles dealing with their mom who was a chronic alcoholic. As long as she can
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What is strategic management accounting (SMA) Discuss the conceptual framework of strategic management accounting (SMA) Roslender & Hart‚ 2003 SMA is best understood as a generic approach to accounting for strategic positioning. It is defined by an attempt to integrate insights from management accounting and marketing management within a strategic management framework. To date‚ the attribute costing technique has been the most compelling development within SMA. Its focus on costing the benefits
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Enron: Questionable Accounting Leads to Collapse The Enron Corporation was established by integrating two major gas pipelines in 1985. The Company provided products and services related to natural gas‚ electricity‚ and communications and it was one of the world’s leading organizations at these sectors with claimed revenues of nearly $101 billion in 2000. Throughout the 1990s‚ Chair Ken Lay‚ chief executive officer Jeffrey Skilling and chief financial official officer Andrew Fastow transformed
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Odella had been staying at the quaint country farmhouse for a month now‚ regaining her strength and stability and getting to know the woman that had rescued her… She could have turned her away‚ or shot her‚ or anything since Odella had been trespassing. However‚ Gisela‚ for that Odella had discovered was the name of the woman who had saved her‚ had taken her in and given her a place to eat and sleep and time to recover instead and for this she was indebted. However‚ this was a debt that she knew
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What Happened to Direct Labor An Article Critique Presented to the Accountancy Department De La Salle University In partial fulfillment Of the course requirements In MODCOS1 K34 SUBMITTED TO: Dr. Merlinda Bucad SUBMITTED BY: Hipolito‚ Chelsea Marie Y. July 15‚ 2013 ------------------------------------------------- ARTICLE CRITIQUE What Happened To Direct Labor Posted on May 9‚ 2013 by Bill Horst‚ CPA‚ CMA‚ CGMA Costing For Profitability http://costingblog.wvco.com/2013/05/09/what-happened-to-direct-labor/
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These three events will show the horror of the beginning of the Civil Rights Movement. One of the key components that started the Selma Marches was The Bombing of Birmingham Church. This horrific event involved four girls during Sunday school. Little did they know the Ku Klux Klan had placed a bomb on the building and it ended up killing three of the girls and left one in critical condition. The day after the bombing one of the most cereal thing was said. "Birmingham is not a dying city; it is dead
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Enron: Questionable Accounting Leads to Collapse In the case of Enron‚ it comes down to pure greed and a lack of accountability. From the top‚ there was illegal activity with Ken Lay‚ Jeffrey Skilling‚ and Andrew Fastow who raided the company as though it was their own personal bank. On top of that‚ the culture of the rest of the company was to make as much money as they could and employees were rewarded by the amount of profit they could make without questioning the ethical means to do so.
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Chapter 1 – Nature and regulation of companies RQ 9. Outline the differences between shares and debentures. Ordinary shares attract no fixed rate of dividend‚ carry voting rights and may participate in surplus assets and profits of the company – they represent ownership of x% of the company. Ordinary shares are classified as equity. The company may issue shares either fully paid or partly paid (s. 254A). If partly paid shares are issued‚ the shareholder is liable to pay calls on the shares
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Case Study 12.31 and 12.32 This paper addresses the solutions to Case Study 12.31 and 12.32 in the textbook authored by David Marshall‚ Wayne McManus‚ and Daniel Viele “Accounting; What the numbers mean.” Both case studies bring about a better understanding of operating and financial leverage. This discussion includes the return on investment‚ return on equity‚ contribution margin‚ and break-even point. All these terms associate with the two types of leverage. The exertion of a force that
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Problem: What can Enron do to salvage the Dabhol project and its ties to India? After nine years of an obvious debacle‚ it seems that Enron and the Indian government have reached a state of impasse‚ where a sustainable long term relationship cannot be achieved. Enron has chosen to terminate the agreement by offering to the Indian Prime Minister Enron’s 65% equity in DPC for US$1.2 billion and offshore debt for US$1.1 billion. o Various political parties have consistently used Enron as an issue
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