w w w e tr .X Syllabus m eP e ap .c rs om Cambridge IGCSE Accounting Syllabus code 0452 For examination in June and November 2013 Contents Cambridge IGCSE Accounting Syllabus code 0452 1. Introduction ..................................................................................... 2 1.1 1.2 1.3 1.4 Why choose Cambridge? Why choose Cambridge IGCSE Accounting? Cambridge International Certificate of Education (ICE) How can I find out more? 2. Assessment at a glance ......
Premium Balance sheet Revenue Generally Accepted Accounting Principles
1 ACCOUNTING 1 (ACN101- M) STUDY UNIT 1: THE NATURE AND FUNCTION OF ACCOUNTING DEFINITION: • • • Accounting can be defined as the orderly & systematic recording of the monetary values of financial transactions of a business The reporting of results Providing financial information as a basis for decision making 3 main processes define the accounting process: 1. IDENTIFYING: Selecting evidence of economic / financial activity (transactions) 2. RECORDING transactions to provide a permanent
Premium Balance sheet Generally Accepted Accounting Principles Inventory
Economic loss Negligence covers a broad range of scenarios. Trespass to the person is actionable per se. The mere fact that your rights have been infringed means that you can sue. In negligence this is not the case. It needs to be shown that you have suffered damages. The damages in negligence can be economic loss. In Caparo the three stage test‚ Lord Bridge stated: “It is never sufficient to ask simply whether A owes B a duty of care. It is always necessary to determine the scope of the duty by
Premium Tort
time of the exchange transaction and should include all costs necessary to get the asset in place and ready for use. Other Meanings of historical cost. Historical Cost Concept Accounting is concerned with past events and it requires consistency and comparability that is why it requires the accounting transactions to be recorded at their historical costs. This is called historical cost concept. Historical cost is the value of a resource given up or a liability incurred to acquire an asset/service
Premium Balance sheet Depreciation Asset
THE ACCOUNTING EQUATION The accounting equation can be described as of the basis of accounting. This is because it describes the double entry principle of book-keeping. It is a representation of how funds are raised to finance Assets. The equation is illustrated below: Asset = Capital + Liabilities For example‚ a girl needs to buy a laptop costing £500. She already had £250 in personal savings and then took a loan of £250 from her boyfriend. Here is the equation again: Asset Capital
Premium Balance sheet Generally Accepted Accounting Principles Accounting equation
EXAMPLES OF ACCOUNTS FALLING UNDER EACH ACCOUNTING EQUATION ELEMENT: Current Assets Cash - A current asset account which includes currency‚ coins‚ checking accounts‚ and undeposited checks received from customers. The amounts must be unrestricted. (Restricted cash should be recorded in a different account.) Petty Cash Fund - A current asset account that represents an amount of cash for making small disbursements for postage due‚ supplies‚ etc. Notes Receivable - An asset representing the
Premium Generally Accepted Accounting Principles Balance sheet
the following: * Service User Case Notes (Including History) * Risk Assessments * Handover notes Review the range of groups and individuals whose communication needs must be addressed in own job role As Deputy Manager it is part of my job role to be able to communicate with a range of groups and individuals. I regularly change the use of my language on a variant of levels dependant on the target audience. I deal daily with older people (service users) who respond effectively to
Premium Communication Nonverbal communication
Refutation Essay Two decades after first making its big screen appearance in 1983‚ Trading Places has proven to be a timeless comedy and can make even the most cynical person crack a smile. The film has all the aspects of a great film which include‚ award winning actors/actress‚ screen play‚ directing‚ and an interesting storyline. Trading Places is truly one of the greatest comedies ever produced and is sure to bring big laughs for first time viewers‚ but has received some mixed reviews over
Premium Film Trading Places Comedy
the production chain. This report will analyze the financial information users‚ sources of finance and SSP’s ratio analysis‚ which shows cash flow of SSP over the accounting period and gives and overall analysis after those ratios. Part 1 There are six kinds of users of financial information in SSC plc. Managements are people employed by the company to administer and control the use of the resources. They use financial information to make effective decisions‚ to compare performance with previous
Premium Generally Accepted Accounting Principles Corporate finance Finance
growing phenomena in today’s drug scene Ecstasy Thesis: From the various kinds of drugs appeared‚ the use of ecstasy considered the most dangerous drug on destroying human brain in history. I. Introduction A. Attention Getter B. Reason to Listen: The Ecstasy may attack your brother‚ sister‚ father‚ and important to be knowledgeable about the signs of its usage how to treat and prevent. C. Thesis Statement: From the various kinds of drugs appeared‚ the use of ecstasy considered the most dangerous
Free Drug Recreational drug use Prohibition