government accounting principles and professional standards. An accounting specialist also aids federal authorities in evaluating budget data‚ estimating revenue and expense levels‚ and adjusting social programs. Based on theories: Advantages: * Challenging‚ Rewarding and Fulfilling Work * Excellent Benefits * Job Availability and Demand * Competitive Salaries * Career Progression Disadvantage: * Without solid government accounting experience
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Creative Means Successful “The roots of a creative society are in basic education. The sheer volume of facts to be digested by the students of today leaves little time for a deeper interrogation of their moral worth. The result has been a generation of technicians rather than visionaries‚ each one taking a career rather than an idea seriously. The answer must be reform in our educational methods so that students are encouraged to ask about “know-why” as well as “know-how”. Once the arts are restored
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indusTourism and lobster are the rot coast regie . e and the Maine tries‚ and they’re both warm-weather enterpns 5‚ . . . tion of the mdustnes Lobster Festival represents less an mtersec . I d I rative and loud. The than a deliberate collision‚ jojfu an uc I There’s a comprehensive native apothegm:"Cam 235 234 I d by the sea Rockland by
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| * P sued D‚ the mill owner‚ for the flooding caused by the escape of water from reservoir on D’s land. * Noted that the escape is caused by the negligence of the independent contractor‚ hired by D. * However‚ R v F is a strict liability and the negligence of the third party does not exonerate D’s liability. | Held | * Court was of the opinion that obligation on the person who lawfully brings on his land something which can naturally do mischief if it escapes then D should be liable
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” - Abraham Briloff (Professor Emeritus of CUNY Baruch) ACCOUNTING: Accounting is defined by the American Institute of Certified Public Accountants (AICPA) as "the art of recording‚ classifying‚ and summarizing in a significant manner and in terms of money‚ transactions and events which are‚ in part at least‚ of financial character‚ and interpreting the results thereof." ACCOUNTING AND ITS ROLE IN SOCIETY: Accounting plays a central role in society; hence‚ we need to consider it from
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product‚ product line‚ operations and facilities. The ABC based income statement attempts to incorporate contribution margin analysis into the income statement - making the income statement a more valuable management tool. [I] Ames‚ B. Charles and James D. Hlavacek‚ Vital Truths About Managing Your Costs‚ Harvard Business Review‚ January-February 1990‚ pp. 140-147. The authors discuss four truisms that apply universally to all businesses: 1) In the long run‚ you must be a lower cost supplier than all
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Aditya Samanta Creative Brief Outline 1. Creative Strategy a. Basic opportunity or problem the advertising must address: The need for high quality durable tires that consumers can rely on while driving at high speeds. With the rapid development of technology enabling automobiles to drive at speeds exceeding 90 miles/hour‚ drivers need to be certain that when they apply the brakes‚ the automobile will stop. This has become exceedingly important today because of a sharp rise
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Question 1 Discuss the accounting principles and concepts that were violated in the case. Explain the appropriate accounting treatments that should be used. Accounting is a systematic recording of business transactions and statements relating to assets‚ liabilities and summarizes the financial events that occur in a business. There are certain accounting principles and concepts to preparing reports on financial statements. These accounting principles and concepts are usually referred to as
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Statement of Purpose We know education‚ today‚ is considered as a key to success. Every profession and the jobs require both the practical and theoretical knowledge. With this growing importance of education and knowledge‚ it has become very important for every individual especially students to compete in every step of life. As I have completed my Higher Secondary Education in Nepal with good marks. I have always wanted to be a businessman from my early childhood. I have realised the fact that
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The Bear Minimum Case Summary: Big Bear Power is a public utility with a strong financial position for past several years. The company is in compliance with all its debt covenants because of its positive cash flow. Big Bear leased combustion turbine from Goliath Co. The lease term is non-cancelable for ten years. The lease was signed on December 15‚ 2004‚ but the lessee’s right to use the turbine starts on January 1‚ 2005. Issues and Facts There are three specific provisions associated with the
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