Performance Measurement SystemQuestion:Discuss about the Accounting for Science and Technological. The globalization and advancement of science and technological field have brought dramatic changes in the business context. In one hand it provides extensive facilities to the business organization; on the other hand, it has brought various difficulties to the business organization. Globalization provides the facilities to expand the market across ...
What is Financial Accounting?Question:What is the Financial Accounting ? Financial accounting helps to keep the financial transactions in more organised format. It not only consists the recording of transitions, it also includes the preparation of financial statements and publishing such information in standard formats. Annual reports of a company are prepared based on such statements and hence, these statements play an essential role in annual...
Overview of the ArticleQuestion:Discuss about the Half a Defence of Positive Accounting Research.The current assignment intends to give a detailed evaluation of the chose article, “Half a Defence of Positive Accounting Research”. The article focuses on positive accounting in the more broad sentiment an examination program that hopes to shape causal depictions of human actions in the accounting framework instead of "profit after tax" ...
Background and History of Positive Accounting TheoryQuestion:Discuss about the Accounting Theory and Current Issue Related Watt and Zimmerman.Positive accounting theory is a new approach in the field of accounting research which aims to highlight and discover the actual accounting practices. It became one of the basic financial accounting theory. Positive accounting theory attempts to translate the real accounting practices into accounting trans...
Importance of TFV ConceptQuestion:Discuss about the Accounting Theory and Contemporary Issues TFV.As of late, the idea of TFV has become the most important accounting standards in the field of bookkeeping. Besides, the idea of TFV has turned into a piece of English law and also stays rudimentary significance in IFRS (International Financial Reporting Standards) and GAAP (Generally Accepted Accounting Principles). It is crucial to bookkeeping as ...
Overview of the articleQuestion:Discuss about the Multicomponent Positive Psychology Intervention.The topic underlying this deliberation relates to the deficiencies manifested in practice that has failed the powerful vast positivist research program. The main aim of this analysis is to review critically the article “Half a Defense of Positive Accounting Research” inscribed by Paul V Dunmore to showcase the impact of insufficiencies i...
Summary of the ArticleQuestion:Discuss about the Accounting Issue ?As per the article “Half a Defence of Positive Accounting Research” written by Paul V Dunmore, positive accounting refers to those academic accounting researches that attempt to explain and predict actual accounting practices. Positive accounting contracts with normative accounting for the derivation of optimal accounting standards. The topic of the report is to expla...
About Noni B and Lovisa Holdings LimitedQuestion:Discuss about the ACCA Global, Prudence and IFRS.NONI B LIMITED is an Australian based company. This company is been rewarded as the best loved company by the ladies in the country. It is a fashion retailer company. The company was listed on the Australian Stock exchange in the year 2000. The ownership of the company have passed from multiple hands and in the year 2014 the company was sold to Alce...
DiscussionDiscuss about the Financial Accounting of Cocoa Ltd. The business structure is becoming very complex with the changing time and preferences of the customers. In order to get bets out of the human resources, business proprietor satisfies the employees by rewarding them and providing them lucrative offers. The introduction of corporate governance sought the desire and wellbeing of the employees. Business are required to keep the...
Problem BackgroundDiscuss about the Solution Application of Hershey’s ERP Implementation. The present business scenario is characterized by high competitiveness and efficiency in operations. The companies are implementing different kind of software and technological solutions to automate the process to increase efficiency and productivity. ERP (Enterprise resource planning) is kind software that assists a business organization to ...
Assessment of Human BehaviorDiscuss about the Review of Quantitative Finance and Accounting. Positive accounting research is one of the most debatable topics, and this article intends to focus on the human attributes that is directly associated with the utilization of hypothesis and statistical methodologies. In relation to the implementation of the positive accounting research, this article sheds light on the theory of knowledge, and t...
Objective of Financial ReportingDiscuss about the Readability of Financial Reports and IFRS. As stated in the conceptual framework under chapter 3 of the QC 12 of AASB, the financial statements of any organization shows the progress of the organization during the particular period in economic and financial terms. There are various users for the financial statement and the data must be presented in faithful and relevant way so that it ...
1. Internal Rate of Return and Capital Budgeting1.How their decision making could be related to capital budgeting techniques such as, Internal Rate of Return relation to Capital Budgeting Techniques? 1. Explain and identify similarities and differences between Capital Asset Pricing Model and Capital Market Line? 1. Capital Budgeting is the process by which a Business makes decision on whether to take up a project or not. This involve...
Summary of the ArticleDiscuss about the Local and International for Managing Complex Employment Expectations. The given article illustrates one of the most important factors that dominate the multinational companies in the current world. The agenda of expatriate employment and deployment at assignment in overseas projects are issues that are of major importance for the managements of the modern companies. These assignments can prove...
Overview of Business process of Disk4uDiscuss about the Strategic Information System Concepts of AIS and ERP. This report explains the significance of information systems in the business. In this report there are two case studies of the companies are given that indicates that how manual processing affects the operations of the business of the small and medium-sized companies. Moreover, it explains the concepts of AIS and ERP in the comp...
Evaluation of director’s reportDiscuss about the Financial statement analysis and Business. Tom Stemberg, who was a chain executive from supermarket business and then turned into entrepreneur, in the year 1985, through facing his own problem realised that for the requirement of office products people need supermarket. After 10 months of this incident, first superstore office was opened. Due to opening of that office, supplie...
Role and Responsibilities of AuditorsDiscuss about the Auditing and Assurance Services for Integrated Approach Method. The case study mentions that Impulse Pty Limited, also known as Impulse, established in the year 2005 operates as a manufacturer of entertainment systems. The case study also reflects the fact that the accounting firm King & Queen that acts as an independent accounting firm is associated to the company Impulse Pty...
Supplier Selection CriteriaDiscuss about the Purchasing Management Practices for Sheng Siong. Currently, most businesses are imperatively committed to spending on various expenses that keep consuming their profits. The fixed and variable costs keep rising because of uncertainties like inflation and changes in labor laws (Weele, 2010).This report is intended to explore three most important aspects regarding purchasing management of...
Main purpose of Impairment testing of AssetsDiscuss about the Corporate Accounting and Impairment of Assets. This report is made for Longreach Ltd management to give them an idea about the implementation of impairment test of assets. The company has decided to undergo a practice of impairment testing of their assets as per the Australian Accounting Standard Board standard no 136 on 30the June 2014. As thy are new applicant of this stand...
Brief overview of the companiesDiscuss about the Capital Structure and Liquidity Analysis. This study aims to identify and analyze the liquidity positions and profitability of the two popular telecommunication companies in Malaysia. These companies are – Axiata Group Berhad and Maxis. Both of these companies are listed under Bursa Malaysia. The study provides a systematic flow of discussion and analysis. After identifying the liqu...
Background of the application of accounting softwareDiscuss about the Enrolling and Authenticating Computing Devices. Nowadays, the manual process of summarizing, analyzing and reporting the financial data and information is become the old concept in the field of accounting (Biswas 2015). Today majority of companies of all sizes use the accounting software while recording the business transactions. Interestingly, the accounting software...
Discuss about the Accounting Concept & Practices for Financial Performances. The stakeholders often use the financial statements of various companies to compare and evaluate the financial performances and positions of the business firm. However, they often face several issues to compare the performances of the different companies on the basis of the financial statements. The main issues, which affect the evaluation processe...
Sensitivity and Scenario Analysis in Capital BudgetingDiscuss about the Empirical and Theoretical Analysis. Capital budgeting is a technique through which the business takes decision related to selection of the project to be carried out by it. It takes into consideration the investment made by the company in a particular project and the returns that will be generated from the project. Sensitivity analysis helps in providing additional...
Current accounting software used nowadaysDiscuss about the Antecedents and Switching Cost on Accounting. Accounting is one of the basic requirements in any business firm or organizations. The accounting helps to keep records of financial condition of the business. The accounting in business requires much time and labor in preparing the financial statements. The expertise hands are also required for the proper maintenance of financial in...
Ethical Issues Facing MarcusDiscuss about the Case Study Analysis for Accounting Theory. The present essay aims to examine and analyse the normative ethical perspectives of teleological and deontological ethics. The case study depicts the ethical dilemma faced by Marcus, a financial accountant at Sportz’s who also has a keen interest in cloths designing. The case analysis presents the right course of action that should be...