Practical Applications 1 Consolidated Financial Statement Preparation Considerations Prepared for Oprah Hill‚ President of SSI Prepared by Tarun Sinha‚ partner‚ assurance‚ of Krishna Associations‚ CGAs September 30‚ 20X0 Introduction This report will identify the adjustments that will need to be considered in order to prepare the consolidated financial statements for Sterling Shoes Inc. (SSI) and Footsie Inc. (Footsie) Financial Accounting Issues Goodwill Acquisition
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DAC503:MANAGEMENT ACCOUNTING ASSIGNMENT 11/08/2011 Application of Management Accounting in your organization D61/62965/2010 MAY_AUGUST SEMESTER UON_NAIROBI CAMPUS How management accounting is applied at ICEA ASSET MANAGENT
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1.Scientific Management Theory: Frederick Winslow Taylor (1856-1915)‚ the Father of Scientific Management‚ assumed that labor is not the cause of most problems in business and it is only the management which can provide solutions to the problems of the business. His principles were: 1. Develop a science for each element of an individual’s work to replace the old rule-of-thumb method. 2. Scientifically select and then‚teach and develop the worker. 3. Heartily co-operate with the workers so as
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MANAGEMENT THEORY AND APPLICATION Today‚ we are the sales Manager of Samsung in Shanghai‚ we need to buy new cars for our 10 sales representative. Car now society has become more and can not be missing transportation. For our sales representatives provide cars is a very good idea. First‚ they often need to do the door-to-door after-sales service in order to ensure the quality of our service. Then combined with new customers come to do the analysis‚ and product recommended. We believe
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FIGHTER Yeah‚ just waking up in the morning in the B well Quite honest with ya I ain’t really sleep well You ever feel like your train of thoughts been derailed That’s when you press on‚ Lee Nails Half the population just waiting to see me fail Yeah‚ right‚ you better off trying to freeze hell Ha‚ some of us do afford the females And others do afford the retails But I do it for the kids life through the Tower Inn Or every time we fall it’s only making your chin strong And I’ll be in
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Practical Application A client comes to you for counseling. She states she is a Christian‚ in her third year of undergraduate school. She states she is struggling to choose a major because‚ “I am afraid that it may not be God’s will.” • What steps will you take to help her navigate this impasse? Why? • How might your personal position influence how you address this client’s concerns? Decisions come in all shapes and sizes‚ some are life threatening and others are simply insignificant. There are
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to be) issued. Therefore‚ regard has to be given to events that occur between the reporting date and the date on which the financial statements are (expected to be) authorised for issue. IAS 10‚ Events After the Reporting Period stipulates the accounting and disclosure requirements concerning transactions and events that occur between the reporting date and the (expected) date of approval of the financial statements. Among other things‚ IAS 10 determines when an event that occurs after the reporting
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Learning Theories‚ Practical application in Criminal Justice High tech offenders can come in all different shapes and sizes‚ as well as flavors. You can have the guy who works as an accountant for a multi international corporation‚ that’s quietly syphoning money from various accounts into his own offshore retirement fund account. How about the local DMV employee Trish who’s submitting falsified information to get ID’s for various amounts of cash. For minors‚ illegal aliens‚ or say that Russian
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IKT434 Topics in Economics Managerial Economics Practical Applications of Marginal Analysis The most common use of marginal analysis is to find the profit maximizing activity level. To show how this is done‚ consider the following case of Storrs Manufacturing Company. Case Study: Storrs manufacturing company Storrs manufacturing company is located in Ankara. The company has developed and test-marketed the “Golden-Bear Golf Cart”‚ a newly and highly energy efficient golf cart. The product is
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000 (Gain on revaluation to fair value) *Plant Revaluation Cost 200 000 Accumulated Depreciation 25 000 Carrying Amount 175 000 Fair Value 186 000 Increment 11 000 Journal Entry 3-Accounting the tax effect on revaluation Income Tax Expense – gain on revaluation of asset(OCI)* Dr 3 300 Deferred Tax Liability Cr 3 300 (Tax-effect of revaluation) *(Gain × Tax Rate: 11 000 × 30%=$3 300) Journal Entry 4-Accumulation
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