Tutorial 1 (1a) Which one of the following is an example of an internal stakeholder? A A shareholder B Investment analyst / consultant CA manager DA supplier (1b) The original role of the accounting function was which one of the following? AProviding management information BRecording financial information C Maintaining financial control D Managing funds efficiently (1c) The major purpose of the Malaysian Accounting Standards Board (MASB) is to ensure consistency in ___________
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1. What is Al-Awfar Savings and Investment Account-i? Al-Awfar is a unique savings and investment account based on the Mudharabah‚ a contract of profit-sharing. 2. What is the meaning of Al-Awfar? Al-Awfar means “prosperous investment”. 3. What is the difference between Al-Awfar Savings Account and Investment Account-i and the normal Bank Islam Savings Account-i and General Investment Account-i (GIA)? Al-Awfar Savings and Investment Account-i is a rewarding account that offers a host
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3/15/2013 3/15/2013 STUDENT ACCOUNT INFORMATION MANAGEMENT SYSTEM STUDENT ACCOUNT INFORMATION MANAGEMENT SYSTEM Submitted by: Michelle Aiko M. Castañeda Arian Pearl Bagangan Christian Ian Labsang Lady Lou Loluquisen Edmar Samortin Submitted to: Prof. Verdict Gonzales EXECUTIVE SUMMARY Students Account Information Management System is for the accountant to know if the students still have their balances. This also helps the
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order No. 14(1)/2007 - IR dated 31-08-2010. The members of the Committee are as under: . S/Shri A. K. Shah‚ GM(HR)‚ Dehradun‚ S. Mallik‚ DGM(F&A)‚ Dehradun‚ A. Sahu‚ DGM(HR)‚ Dehradun‚ Pradeep Mayekar‚ GS‚ ONGC (BOP) Karmachari Sanghatana‚ Mumbai‚ SunJ’Hedooo‚ GS‚ONGC Employees Mozdoor Sobho‚ Yododoro‚ D. V. K. Raju‚ GS‚ Petroleum Employees Union‚ Chennai‚ SS‚ SanJeeb Baruah‚ GS‚ ONGC Purbanchal Employees Union‚ ES‚ Anurag Prakash‚ Auditor‚ National Union of ONGC Employees‚ DDN. 1. 2. 3. 4. 5. 6. 7
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Module 3 Discussion Suppose you were an IT Policy adviser to the president of the United States. What major changes would you suggest the president propose with regards to IT legislation and policy? Why would you suggest those changes? Who would those changes help? Who would those changes hurt? Who would likely oppose your suggested changes? Answer: If I were an IT policy advisor to the President of the United States‚ I would suggest three changes with regards to IT legislation and policy
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CHAPTER 4 Final Accounts Meaning Preparation of final account is the last stage of the accounting cycle. The basic objective of every concern maintaining the book of accounts is to find out the profit or loss in their business at the end of the year. Every businessman wishes to ascertain the financial position of his business firm as a whole during the particular period. In order to achieve the objectives for the firm‚ it is essential to prepare final accounts which include Manufacturing and
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Assignment # 1 1. What is chart of accounts? Chart of accounts (COA) is a list of the accounts used by an organization. The list can be numerical‚ alphabetic‚ or alpha-numeric. The structure and headings of accounts should assist in consistent posting of transactions. Each nominal ledger account is unique to allow its ledger to be located. The list is typically arranged in the order of the customary appearance of accounts in the financial statements‚ profit and loss accounts followed by balance
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ACKNOWLEDGEMENTS I would firstly like to thank Mr. Ifill‚ my accounting teacher for his assistance and guidance for the duration of this project. I would also like to thank my classmates as well as my family for their encouragement and patience while I was preparing this study. Finally‚ I would like to thank those employees who took the time to answer the questionnaires necessary to complete this assessment. TITLE The Impact of Technology on Accounting Systems AIMS AND OBJECTIVES
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Question 1 Imperial Luxurious is a business providing marketing design services. On 1 March 2011 the following balances were extracted from the books: £ Capital 150 000 Premises 120 000 Fixtures and fittings 24 000 Provisions for depreciation on: premises 5 000 fixtures and fittings 6 000 Debtors 17 500 Creditors 8 500 Bank 8 000 For the month of March the following summarised transactions occurred: • Credit sales of £28 000 were invoiced
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Objectives Identify different types of long-term operational assets. Determine the cost of long-term operational assets. Explain how different depreciation methods affect financial statements. Determine how gains and losses on disposals of long-term operational assets affect financial statements. Explain how expense recognition for natural resources (depletion) affects financial statements. Explain how expense recognition for intangible assets (amortization) affects financial statements.
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