similarities and differences between the two‚ go over risk for companies as well as ways for companies to prepare. | IFRS and GAAP and what convergence means. In financial surprise accounting the objective for financial reporting are to provide useful information for potential investors and creditors‚ assessing cash flow‚ and about claims and changes to company resources. The problem with this is that‚ without standards each company would set their rules‚ and readers of financial reports would
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investigate the major I have chosen‚ Accounting. Because my goal is to become a Certified Public Accountant (CPA)‚ I would like to know more of what it entails. Dealing with numbers‚ and recording and projecting the earnings of a company‚ accountants are placed with the responsibility of keeping track of the moneys of a business. God has blessed me with skills in the areas of mathematics and organization‚ which caused me to look for an occupation that utilizes both. Accounting seemed a logical choice since
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Bachelor Thesis A.I. in board games Aron Lindberg‚ s042422 Technical University of Denmark Informatics and Mathematical Modelling Thesis tutored by Thomas Bolander August 19‚ 2007 i Abstract In this thesis‚ a board game named Kolibrat is implemented in the Objective-C programming language and Apple Computers Cocoa API. Besides from documenting this work‚ the thesis focus on the development of artificial players. ii Resum´ e I denne afhandling bliver et brætspil Kolibrat implementeret
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Chapter 1 CA 1-1 · GAAP is the term used to indicate the whole body of FASB authoritative literature. True · Any company claiming compliance with GAAP must comply with most standards and interpretations but does have to follow the disclosure requirements. False This statement is false because the companies they not only have to comply with most GAAP standards and interpretations but also have to follow the disclosure requirements. · The primary governmental body that has influence over
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Nature of Accounting and the Accounting Standard Background Accounting is an important part for business and it is dubbed “language” of business activities conducted by firms. People think it is used to communicate business transactions per se to all stakeholders. However‚ some people argue that the functions of accounting are not that easy. Except the communication tool‚ accounting acts as many other difference roles in business. When doing accounting‚ different standard may be used. There are
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At the end of 2011‚ retained earnings for the Bisk Company was $1‚750. Revenue earned by the company in 2011 was $2‚000‚ expenses paid during the period were $1‚100‚ and dividends paid during the period were $500. Based on this information alone‚ retained earnings at the beginning of 2011 was [pic] |[pic] |$850. | |[pic][pic] |$1‚350.
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1.0 Introduction According to The Environment Agency in the United Kingdom (2006)‚ Environmental Accounting can be defined as: “The collection‚ analysis and assessment of environmental and financial performance data obtained from business management information systems‚ environmental management and financial accounting systems. The taking of corrective management action to reduce environmental impacts and costs plus‚ where appropriate‚ the external reporting of the environmental and financial
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have a good job after they graduated. But‚ researchers know that this course has a board examination that the 3rd year and 4th year must prepare themselves before taking this exam‚ so that there would be a chance for them to become Certified Public Accountant (CPA). Because of the forthcoming graduation of the 3rd year and 4th year‚ researcher chose them to become their respondents. The researcher‚ 1st year Accounting Student made a research about some factors of motivation and distraction that affect
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PRINCIPLES OF ACCOUNTING 1 ACCOUNTING THEORY NOTES (a) International Accounting Standards and International Financial Reporting Standards. The foreword to accounting standards defines Accounting Standards as Authoritative statements of how particular types of transaction and other events should be reflected in financial statements. Accounting Standards are developed to achieve comparability of financial information between and among different organizations. International Accounting Standards (IAS’s)
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restricted and held against long-term credit may be included among current assets. d.none of these. 28.The category "trade receivables" includes a.advances to officers and employees. b.income tax refunds receivable. c.claims against insurance companies for
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