1 Why did Comcast join public social networks? What difference did it make for Comcast’s business? What might be the benefits for consumer? Comcast: Comcast Corporation is the largest mass media and communications company in the world by revenue. It is the largest cable company and home Internet service provider in the United States‚ and the nation’s third largest home telephone service provider. Comcast provides cable television‚ broadband Internet‚ telephone service and in some areas home
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Accounting Convergence: Advantages and Disadvantages Winston Churchill once said that “there is nothing wrong with change‚ if it is in the right direction” (Thinkexist.com) . Today‚ the accounting profession and standards in the United States is facing one of the biggest changes it has seen in a long time: the convergence of its Generally Accepted Accounting Principles (GAAP) to the International Financial Reporting Standards (IFRS). Is this a step in the right direction for the United States
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iWarwick Business School‚ University of Warwick IB2300 Accounting in Context Part 2 – Reflective Assignment 20th December 2011 Word Count: 945 “An auditor is a man who watches the battle from the safety of the hills and then comes down to bayonet the wounded.” - Irving R. Kaufman The past nine weeks have been intense and interesting. The entire module work has broadened my view of accounting tremendously and forced me to critically evaluate. It has had an impact of a 180 degree change in
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experience curve)‚ 3) The true cost and profit picture for each product must be known and 4) Cash flow is as important as profit. The "cycle of decay" (when cost cutting efforts lead to competitive decay) is typically begun when management uses financial accounting data‚ not control data‚ for decision making. Costs are classified as bedrock fixed (very few qualify as this)‚ managed fixed‚ direct variable and shared costs. Most costs qualify as managed‚ and therefore are controllable in the long run. [I]
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If you are looking for a degree that can land you a good job‚ a high degree of job security‚ and available options when it comes to finding an employer‚ an accounting degree could be a great choice for you. There is a price to be paid for the popularity of accounting roles though‚ as the work is not always easy‚ there can be a high degree of detail oriented work involved‚ and most of the duties involved require a rather sedentary style of work.Accounting is largely the understanding‚ tracking‚ and
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India is poised to be the worlds next superpower with sound and transparent financial system‚ flourishing IT industry and a well-regulated stock market .It has been active politically and economically in the past decade as well. Indians. Its core institutions from independent judiciary and free press to military are secured by its more than half century old roots. India is on the verge of becoming a permanent member of the United Nations Security Council. Its scientists are planning to launch
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Journal of Business Finance & Accounting‚ 32(3) & (4)‚ April/May 2005‚ 0306-686X Discussion of Accounting‚ Valuation and Duration of Football Player Contracts JOHN FORKER* Investment by football clubs in player contracts provides a natural experiment to evaluate the mandated accounting requirement that purchased intangible assets must be capitalised (ASB‚ FRS 10‚ 1997b). The study is well grounded for three reasons. First‚ the availability of industry level transaction price data for transfer
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The Importance of Accounting Theory to the Field Of Accounting The objective of theory is to explain and predict. One of the basic goals of the theory of a particular discipline is to have a well-defined body of knowledge that has been systematically accumulated‚ organized‚ and verified well enough to provide a frame of reference for future actions. The Webster’s definition of theory is the systematically organized knowledge‚ applicable in a relatively wide variety of circumstances‚ a system
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Usefulness Theory 5 Critical Accounting Theory and Critical Theory 6 System-Oriented Theories 7 Open System Theories 8 Behavioral Decision Theory 9 Legitimacy Theory 10 Political Economy Theory 11 Institutional Theory 12 Stakeholder Theory 13 Agency Theory 14 Normative Theory 15 Public Interest Theory 16 Capture Theory 17 Economic Interest Theory/Private Interest Theory 17 Positive Accounting Theory 18 Chambers ’ Theory of Accounting 19 Trickle Down theory
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AYB 311 FINANCIAL ACCOUNTING ISSUES Semester 1 2011 Dr Amedeo Pugliese Lecture 1 AYB 311 - Dr Amedeo Pugliese Overview of AYB 311: the Teaching Team Lecturer – Amedeo Pugliese Tutors – Amedeo Pugliese – Julie Greenhalgh – Kevin Plastow – Natalee Jennings – Sharron Genrich – Tereaze Hubner AYB 311 - Dr Amedeo Pugliese Overview of AYB 311: enrolment and objectives Prerequisite: - AYB340 (formerly AYB220) Company Accounting Please notice: The unit-coordinator will not accept any
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