Chapter 1 Financial Accounting and Accounting Standards Intermediate Accounting‚ 15th Edition Kieso‚ Weygandt‚ and Warfield 1 Financial Statements and Financial Reporting • Goals or purpose of (financial) accounting – Identification‚ measurement‚ and communication of financial information about – An economic entity to – Interested Parties (internal and external) • Creditors‚ managers‚ unions‚ government agencies Financial reports (statements) & notes 2 Financial Statements
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Chapter 4 : Account Titles and Preparation of Financial Statements | Article 14 : The balance sheet items shallbe categorized as follows: 1. Assets. (1) Current assets. (2) Funds and long-term investments. (3) Property‚ plant and equipment. (4) Depletable assets. (5) Intangible assets.
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MAA103 & MAAP103 - Accounting for Decision Making ASSIGNMENT – TRIMESTER TWO‚ 2011 (Relates to Topic 4) Represents 20% of the assessment for this unit DUE DATE: ASSIGNMENT PLANNER: MONDAY 1 AUGUST‚ BY 5.00pm FINAL ASSIGNMENT: THURSDAY 8 SEPTEMBER‚ BY 5.00pm NOTE the following general submission points: 1. 2. 3. 4. 5. Assignment can be completed in groups of no more than THREE students. Students CAN NOT complete assignment with students from other lecturers classes. Only ONE hardcopy of
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Chapter 5 Accounting for Merchandising Operations Chapter Summary Merchandising Operations • A merchandising company is an enterprise that buys and sells goods to earn a profit. • Measuring net income for a merchandising company is the same as for a service company through matching of expenses with revenues. • In a merchandising company‚ the primary source of revenue is the sale of merchandise‚ which is called sales revenue or sales. • Expenses for merchandising
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organisational plan and all the related measures that an entity adopts to: * safeguard assets * encourage adherence to company policies * promote operational efficiency * ensure accurate and reliable accounting records. It is either an administrative control or an accounting control Characteristics of an effective internal control system include: * Competent‚ reliable‚ and ethical personnel * Assignment of responsibilities * Proper authorisation * Separation of duties
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What is a theory? In this book we consider various theories of financial accounting. Perhaps‚ there¬fore‚ we should start by considering what we mean by a ’theory’. There are various perspectives of what constitutes a theory. The Oxford English Dictionary provides various definitions‚ including: A scheme or system of ideas or statements held as an explanation or account (description) of a group of facts or phenomena. Explanation or Account (description) of a group
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Introduction The main purpose of Equal Employment Opportunity laws is to ensure everyone has an equal opportunity of getting a job or being promoted at work. Individuals covered under the EEO laws are protected from illegal discrimination‚ which occurs when people who share a certain characteristic‚ such as race‚ age‚ or gender‚ are discriminated against because of their characteristic. Human Resources Management (HRM) Equal Employment Opportunity is aimed at transforming an organization; reviewing
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1. Go to the U.S. Census Bureau Foreign Trade website: http://www.census.gov/foreign-trade/top/dst/current/balance.html One of the top countries I selected with which the U.S. trades is Canada. Canada has ranked in first place. (U.S. Census Bureau | Foreign Trade | ftdwebmaster@census.gov ‚ 2013) (U.S. Census Bureau | Foreign Trade | ftdwebmaster@census.gov ‚ 2013). Year To Date
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Introduction Justice is the importance of an individual or society having rights‚ equality and fairness. Fracking in the Karoo has damaged the environment and contaminated the water sources which have led to the violation of people rights (du Toit‚ 2011). In order to come to a moral decision whether fracking in the Karoo is or is not desirable I studied Mill’s utilitarian theory of justice which helped me understand that actions must be made to maximize the overall happiness of the individuals
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TUI UNIVERSITY NAME BUS499 MODULE #1 SLP 1. NAME. Johnson’s Human Resource Management Consultant 2. MISSION. The Johnsons Human Resource Consultant Firm provides high quality results in human resource support and leadership to our customers. We will succeed and be successful and have earned the respect‚ trust‚ confidence and satisfaction of our customers and the pride of our employees. 3. VISION. To create a dynamic program that will give businesses‚ organizations and companies innovative
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