Explaining Basic Accounting Concepts and Business Structures To understand accounting there are several key concepts and terms to be familiar with. One must know where Generally Accepted Accounting Principles came from as well as how businesses form. Sources of Generally Accepted Accounting Principles The Securities and Exchange Commission (SEC)‚ American Institute of Certified Public Accountants (AICPA)‚ Financial Accounting Standards Board (FASB)‚ and the Government Accounting Standards Board
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CIA-3 MANAGEMENT OF FINANCIAL SERVICES DOES FOREIGN EXCHANGE RESERVE AFFECT EXTERNAL COMMERCIAL BORROWINGS– INDIAN PRAGMATIC INDICATION SUBMITTED TO T.S.RAMACHANDRAN Review of Research Paper Citation: UmanathKumarasamy‚Does foreign exchange reserve affect external commercial
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CORPORATE LEADERSHIP COUNCIL FEBRUARY 2003 www.corporateleadershipcouncil.com Fact Brief Structure and Function of the Change Management Team Profiled Institution A B C D E F G H Industry Retail Financial Services Financial Services Transportation Utility Financial Services Manufacturing Automotive Employees 10‚000 – 50‚000 10‚000 – 50‚000 5‚000 – 25‚000 25‚000 – 75‚000 1‚000 – 10‚000 15‚000 – 50‚000 10‚000 – 50‚000 More than 100‚000 Revenues $500 million-$1 billion Less $500 million More
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What is Management? 1. Describe what management is Management is EFFICIENCY and EFFECTIVENESS – Getting work done through others 2. Explain four functions of management Planning‚ organising‚ leading and controlling 3. Describe different kinds of managers Top managers‚ Middle‚ Managers‚ First-Line Managers‚ Team leaders 4. Explain the majour roles and sub-roles that managers perform in their jobs. Mintzberg’s Managerial Roles Interpersonal – Figurehead‚ leader‚ liaison Informational
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Defining Services Services are about the economic activities offered by one party to another. On the other hand is about exchange for the customer money‚ time‚ and effort‚ service customers expect to obtain value from access to goods‚ labor‚ facilities‚ environments‚ professional skills‚ networks‚ and systems; but they do not normally take ownership of any of the physical elements involved. And then services also involve a from of rental‚ offering benefits without transfer of ownership such as
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Outline and Briefly Explain the Federal Court System The U.S. has a dual court structure. To be exact‚ we have a federal judiciary system and the systems that are operated by each of the states. This dual court structure is a unique feature of the American judicial system. Although most cases are tried in state courts‚ the federal court is playing a larger and larger role in finding resolutions to disputes. Partly‚ this is because congress in recent years has enacted a range of new laws that grant
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CheckPoint: Management Structures Amanda Asbury April 8‚ 2012 HSM220 Facilitator: Iris Johnson CheckPoint: Management Structures There are several ways in which to organize a counseling center for victims of domestic abuse. Organization by departmentalization is a model in which the agency is broken into subgroups or departments according to process‚ market‚ program‚ or client and consumer needs. The most effective organization by departmentalization would be to break up the departments
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support@reviewer-online.com website: www.reviewer-online.com THE CPA LICENSURE EXAMINATION SYLLABUS MANAGEMENT ADVISORY SERVICES (Effective October 2006 Examination) This subject tests the candidates’ knowledge of‚ and proficiency in the concepts‚ standards‚ techniques‚ and methodology applicable to management services / consultancy practice by CPAs; management accounting; financial management–related services; capital budgeting concepts and techniques; and project feasibility studies. Each examination
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reasoning on why you think a flexible or formal structure is appropriate? I) A Large Department Store Most of the large department stores using formal structure of management practices‚ which have very less amount of uncertainty that include external environment‚ strategy‚ technology‚ and human resources. The formal composition will allow the company management to control‚ coordinate and motive its employees to achieve the goal. The formal structure has a blueprint on its policies‚ procedures and
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HSM 340 7/17/2011 Assignment Week 2 1. Accrual basis of accounting is maintaining the business transactions at the moment it occurs. When the business performs a service‚ a sale‚ or earns an expense the accountant records the transactions. It also records if the transaction receives or pays no cash. AccountingCoach.com (2011) website states the following: 1. Revenues are reported on the income statement when they are earned— which often occurs before the cash is received from the customers
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