Accounting essays
Last update: January 23, 2016-
Duties of a Managerial Accountant
Abstract The duties of a Managerial Accountant vary from simple to complex. The responsibilities include gathering, dispensing, dissecting and disseminating data designed to help management make informed business decisions based on facts. The collected data may be of financial value or very well could have no financial significance at all. These accountants must be thorough, concise, ethical and must follow the rules established by the Institute of Management Accountant (IMA) at all times. The integrity
Rating:Essay Length: 570 Words / 3 PagesSubmitted: August 18, 2011 -
Hcl Educational Business in Retail and Institutional Accounts
A Report on HCL Educational Business in Retail and Institutional Accounts SUBMITED BY: DEBTANU DEY Final Report On HCL Education Business in Retail and Institutional Accounts By DEBTANU DEY A Report submitted in partial fulfillment of the requirement for the PGDBM program of M.S. Ramaiah Institute of Management Under the Guidance of Prof. Savitha Rani Bikash Kumar Parida Faculty Guide Company Guide Hindustan Computers Limited Career Development Centre HCL (CDC) Kolkata Acknowledgement It's my real
Rating:Essay Length: 7,121 Words / 29 PagesSubmitted: August 22, 2011 -
An Assessment of the Importance of Management Accounting
An Assessment of the Importance of Management Accounting Management accounting is an important aspect for companies that is used for internal planning and control. Managers use this accounting information to help make essential decisions within the business. The information gained through management accounting can help organizations do many things like cut costs, improve efficiency, detect problem areas, and eliminate unnecessary elements. Many companies rely heavily on management accounting for success in keeping the business running.
Rating:Essay Length: 1,263 Words / 6 PagesSubmitted: August 29, 2011 -
Accounting Fundamentals
BA BUSINESS PORTFOLIO Year 1 ACCOUNTING FUNDAMENTALS Resit Assignment 1 Donald Smith is a retailer of photocopiers. He prepares accounts to 31 December 2010. At 1 January 2010 the balances on his nominal ledger accounts were as follows: £ Capital 11,600 Bank 4,000 Cash 100 Motor Vehicles - Cost 20,000 Motor Vehicles - Provision for Depreciation 5,000 Fixtures and Equipment - Cost 4,000 Fixtures and Equipment - Provision for Depreciation 1,000 Trade Debtor (Mr Jones)
Rating:Essay Length: 1,759 Words / 8 PagesSubmitted: August 30, 2011 -
Generally Accepted Accounting Principles
Generally Accepted Accounting Principles Generally Accepted Accounting Principles, or GAAP, is an accounting language of business used in health care facilities that have specific policies they must abide by when making choices for the direction of the institution. The Financial Accounting Standards Board, also known as FASB, developed these rules to guide them in recording and reporting financial information. Organizations use GAAP rules to report transactions. GAAP policies help to have consistency in business recording
Rating:Essay Length: 942 Words / 4 PagesSubmitted: August 31, 2011 -
Accounting 291 Excersice Week Four
Exercise and problems-Week 4 Acc/291 Exercise E11-15 On October 31, the stockholders' equity section of Omar Company consists of common stock $600,000 and retained earnings $900,000. Omar is considering the following two courses of action: (1) declaring a 5% stock dividend on the 60,000, $10 par value shares outstanding, or (2) effecting a 2-for-1 stock split that will reduce par value to $5 per share. The current market price is $14 per share. Instructions Prepare
Rating:Essay Length: 2,403 Words / 10 PagesSubmitted: September 4, 2011 -
The Accounting Cycle
"The accounting cycle is a series of activities that begins with a transaction and ends with the closing of the books" (Netmba.com, n. d). The accounting cycle must always include the following steps. Identify and analyze the transaction - involves looking at the transaction and source document which describe the transaction and events. Source documents include purchase orders, checks and bank statements. Determine the amounts of the transactions and which accounts will be affected. Journalize
Rating:Essay Length: 618 Words / 3 PagesSubmitted: September 5, 2011 -
Acc 300, Principles of Accounting - Accounting Regulatory Body
Accounting Regulatory Body Eduardo Mateus University of Phoenix ACC 300, Principles of Accounting Kris Tontis (FAC) June 26, 2007 Accounting Regulatory Body The overall responsibility and accountability of a business' finance and accounting systems depends on how efficiently its accounting governing body works. The businesses in United States use the generally accepted accounting principles (GAAP) to compile their financial statements. Furthermore, most countries in the world use accounting principles similar to GAAP. In my opinion
Rating:Essay Length: 599 Words / 3 PagesSubmitted: September 6, 2011 -
Indian Accounting Standards
INTRODUCTION INDIAN ACCOUNTING STANDARDS Accounting Standards are written documents, policy documents issued by expert accounting body or by government or other regulatories body covering the aspects of recognition, measurement, treatment, presentation and disclosure of accounting transaction in the financial statement. Accounting Standards in India are issued by the Institute of Chartered Accountants (ICAI). Objective of Accounting Standards Objective of Accounting Standards is to standardize the diverse accounting policies and practices with a view to
Rating:Essay Length: 5,807 Words / 24 PagesSubmitted: September 12, 2011 -
Accounting
It's hard on the poor kids My daughter is 6 and has had lice 4-5 times since she started going to daycare 3 years ago. I hate that. Her BEST friend of 3+ years has brought it to our home 3 of the times. All three times she spent the night with my daughter, within days, she would have lice. The 4th time my daughter got it at her house. The daycare teachers told me
Rating:Essay Length: 1,743 Words / 7 PagesSubmitted: September 14, 2011 -
A Social Worker's Account
I come from a culture where social issues are one of the paramount issues and social work is a regular pursuant. Various NGOs, forums, support groups and individuals are working to address and solve such issues. So, such practice of my surrounding has inspired me to take up its causes. And, I started participating in age-appropriate voluntary social work in my early life such as social dramas, fund raising campaign and blood donation. Being a
Rating:Essay Length: 464 Words / 2 PagesSubmitted: September 19, 2011 -
History of Accounting
A Brief History of the Practice of Accounting Accounting's early years The history of accounting is closely linked to the development of human society and commerce. In fact, accounting has made significant contributions to both over the past five and a half thousand years. The origins of accounting can be traced back to at least 3600BC when trade between tribes in the region of Mesopotamia required records to be kept on stone and clay tablets.
Rating:Essay Length: 727 Words / 3 PagesSubmitted: September 20, 2011 -
Accounting
Ans. 3 1 Value of a firm without debt = 1.2 million / 11% Cash flow 1,200,000 Value of a firm without debt = 10,909,091 Ratio 2 Debt 2,000,000 17.23% Equity 9,609,091 82.77% Value of a firm with debt = 10,909,091 + ( 2,000,000 * 0.35 ) Value of a firm with debt = 11,609,091 New Cost of Equity Capital = 11.54% New WACC = 11.54% * 0.8277 + (7%*0.065)*0.1723 New WACC = 10.34% 3
Rating:Essay Length: 409 Words / 2 PagesSubmitted: September 20, 2011 -
Accounting Case Analysis
molex Case Analysis Case 1 1. Why do Molex have to hire an external auditor? 2. What factors do you think influenced management's decision not to raise the issue with the auditor's? 3. As a member of Molex's board, what would you do to respond to the auditors' request that the CFO (and possibly the CEO) be replaced? Case 2 1. Analyze New Century's business model: a). Identify the subprime loan origination and securitization process.
Rating:Essay Length: 271 Words / 2 PagesSubmitted: September 21, 2011 -
South African Accounting Standards
Throughout history, many components have shaped the way a country develops itself both economically and financially. To fully understand a country's accounting standards one must explore such environmental factors as the history, demographics, economy and the legal system of a country. South Africa is a dynamic country full of diversity. It is hard to understand the structure of the accounting profession without first learning how South Africa developed into the country it is today. The
Rating:Essay Length: 636 Words / 3 PagesSubmitted: September 22, 2011 -
A First-Hand Account of the Devastating Condition of the South During Reconstruction
A First-Hand Account of the Devastating Condition of the South During Reconstruction By Arthur Brown, a soldier in the Freedmen's Bureau My name is Arthur Brown, a soldier assigned to aid the post war transition process in Mississippi and North Carolina as part of the Freedmen's Bureau, and I'm writing this account to bring attention to the devastating condition in which I find the south. It has now been two and a half years that
Rating:Essay Length: 1,707 Words / 7 PagesSubmitted: September 25, 2011 -
Accounting Case
Parkview Landscaping Corporation Parkview Landscaping Corporation Parkview Landscaping Corporation Income Statement Statement of Retained Earnings Balance Sheet For the Month Ending July 31 For the Month Ending July 31 July 31 Revenues: Retained Earnings, July 1 Assets: Landscaping Revenue $5,344 Add: Net Income 2,144 Cash $21,356 Subtotal Prepaid Insurance 2,200 Expenses: Less: Dividends 1,600 Landscaping Supplies 388 Rent Expense 2,080 Retained Earnings, July 31 $544 Landscaping Equipment 8,800 Utility Expense 308 Less: Accum. Depr. (140)
Rating:Essay Length: 288 Words / 2 PagesSubmitted: September 27, 2011 -
Account
1. Charles Tollison was not qualified for a partnership position with his firm. Duties of the partner are different from that of the manager. The responsibilities for a partner focus more on researching agreement with the client, and signing the audit report. However, the responsibilities for a manager emphasize particularly on supervision of preparation of the audit term, and review of the working papers, financial statements and audit report. Technical skills are more important for
Rating:Essay Length: 396 Words / 2 PagesSubmitted: October 1, 2011 -
How to Use the Firm's Internal Accounting System for Decision-Making and Control
THE UNIVERSITY OF CHICAGO GRADUATE SCHOOL OF BUSINESS Managerial Accounting Professor Andrew J. Leone Office: (716) 2-4714 Fax: (716) 442-6323 email: leone@simon.rochester.edu COURSE OVERVIEW This course deals with managerial accounting; how to use the firm's internal accounting system for decision-making and control. This is a problem-solving course, and as such requires you to gain familiarity with the topics by working problems. This course relies considerably on problems and cases to motivate class discussion. We will
Rating:Essay Length: 4,700 Words / 19 PagesSubmitted: October 3, 2011 -
A Guide to a Career Choice - Public Accountant or a Financial Manager
A Guide to Career Choice TABLE OF CONTENTS Abstract............................................................................................... Introduction.............................................................................................. Purpose....................................................................................................... Definition.................................................................................................... Sources of Data................................................................................................................... Public Accounting............................................................................................................... Functions.................................................................................................... Working Conditions............................................................................................................ Job Outlook.......................................................................................................... Financial Management.................................................................................... Functions...................................................................................................... Working Conditions.................................................................................. Job Outlook.......................................................................................................... ABSTRACT The report you are about to read contains information on a subject that has helped many of the most successful people in the world climb to the top of their fields, as a Public Accountant or a Financial Manager. Today, it is more important than
Rating:Essay Length: 1,663 Words / 7 PagesSubmitted: November 2, 2011 -
Accounting Case
Audit forensik adalah bagian dari audit khusus, di mana ia digunakan untuk menemukan penipuan transaksi keuangan yang dilakukan oleh pelaku korupsi.Audit penipuan menggabungkan dua jenis audit; yang menyelidiki audit forensik dan audit. Dengan kata lain, audit penipuan adalah untuk menguji semua aspek audit pengendalian internal dan mempertimbangkan apa dalam hal pola audit internal. Untuk mendeteksi praktek penipuan, ada beberapa indikator penipuan; 1) kecurangan laporan keuangan, 2) penyalahgunaan assets, 3) korupsi. Untuk mencegah praktek penipuan dapat
Rating:Essay Length: 598 Words / 3 PagesSubmitted: November 8, 2011 -
The Importance of Internal Accounting
The Importance of Internal Accounting Teresa Lucas American InterContinental University Abstract As accountant manager for ABC Corporation, a decision of importance will be sent as a memo to the CEO as to why it is vital in hiring on another managerial accountant to focus on internal accounting. Internal accounting is necessary when a company has its future set on short and long term goals as well as better control of the cash flow which can
Rating:Essay Length: 720 Words / 3 PagesSubmitted: December 3, 2011 -
Decision Making Process (opening a Bank Account)
DECISION MAKING PROCESS Decision making is typically described as "Choosing Among Alternatives," it's a process which start with identifying the problem and decision criteria and allocating weights to those criteria, moves to developing, analyzing and selecting and alternative that can resolve the problem, implement the alternatives and concludes with evaluating the decision's effectiveness. This process is very closer to our routine life and every day we make some decision intentionally or unintentionally using the said
Rating:Essay Length: 717 Words / 3 PagesSubmitted: December 6, 2011 -
Accounting and Financial
I'm a student in master of accounting and finacial managemnt in university of arizona, also i have a plan to seat for Certified public accountant exam in state of Arizona board of accountancy. Meanwhile i'm studing hard to get two more licenses to open up an insurance agency and open more opportunity in life and have more income for myself anf my family. Highlights: * Bachelor of Arts in Business Administration (accounting concentration), University of
Rating:Essay Length: 300 Words / 2 PagesSubmitted: December 6, 2011 -
Cipla Financial Accounting
CERTIFICATE This is to certify that the report presented contains our original work. It does not contain any material that has been taken from any source, except as acknowledged _________________________________ (LAKSHMI BALACHANDRAN) _________________________________ (LOVNEET TYAGI) _________________________________ (PRABHA KUMARI) _________________________________ (R. ANANDAPADMANABHAN) _________________________________ (RAAJEEV TIRUPATI) Date: ___________________________ Table of Contents Executive Summary 4 Introduction 5 Dr. Reddy's Labs 5 CIPLA 5 Reason for Selection of these Two Firms 5 Pharmaceutical Industry in India 5 Study
Rating:Essay Length: 5,959 Words / 24 PagesSubmitted: December 7, 2011