Accounting Sample : Page - 20

Corporate Social Responsibility factors that influence corporate activities1. Using the example of the chosen company, assess the 3 Corporate Social Responsibility factors that influence corporate activities of your chosen company in the area of ecological sustainability. They are: economic, ethical and discretionary (week 3 reading) 2. Based on Readings (Weeks 1 to 10), design a sustainability plan for that company (for example you ca...

The Benefits of Corporate EntrepreneurshipQuestion:Write an essay on corporate entrepreneurship. In order to promote and sustain organization performance, corporate entrepreneurship has been recognized as a potentially practical means. The entrepreneurial behavior help corporation to build up new businesses that generate revenue streams. The success of a company is also enhanced with the help of corporate entrepreneurship that helps in prom...

Importance of Statement Assessment in Determining Material MisstatementQuestion:Write report is to determine and evaluate the accounts of the financial statements in order to evaluate the actual value of the company. The most important aim of the statement is to assess the significant accounts of the company in order to determine the material misstatement. The auditor should understand the client by determining and analyzing the intern...

Investment Strategies for Guaranteed ReturnsProvide a list of your recommendations for strategies to meet the clients’ objectives and to address any concerns.  I have the following recommendation for Sarah and Peter to consider. Under this category, in which they can have investments in stocks and bonds and the incomes from the following heads  Dividend Income Interest Income High Yield Investments  This sec...

Audit Risk and ComponentsQuestion:Write an essay on "Karrick Gold & Copper Ltd". In order to accept an audit assignment ‘preconditions for an audit’ as required under ISA 210 – “Agreeing the terms of audit engagement” should be present. As per ISA 210 an auditor is required to: Check whether the financial statements of a company are prepared according to the appropriate financial reporting framework...

Principle: Recording PP&E Assets at Fair ValueQuestions:a). Should KGC Ltd. revalue its major PPE assets from historic cost to fair-market value? (Discuss the principles, potential issues, and risks). b) The PP&E is estimated to have a replacement value of $20.5 billion AUD and a value in use of $12.0 billion AUD under current expected operations (i.e. seven years) but rises to $30 billion AUD if the contract is renewed for 10 years...

Guidelines for Justifying Australian CitizenshipQuestions:Case Study 1: Residence and SourceCase Study 2: Ordinary Income From this scenario, Kit is the resident of Australia. Kit works for an American company that is located in Australia.  His salary is paid in his account in an Australian Bank ‘Westpac Bank' (Benjamin, 2010). Kit is the owner of this Australian bank and also he has a joint account. Conversely, Kit is a resident...

Incorrect Accounting May Lead to Financial Problems Questions: 1. Read the following quotation from Miller and Reading (1986, p. 64). If constituency support is necessary before particular accounting approaches become embodied in accounting standards, does this have implications for the ‘neutrality’ and ‘representational faithfulness’ (qualitative characteristics that exist in various conceptual framework projects around...

Challenges and Issues Faced in Redesigning Basketball Referee Program at MSHSAAWrite a report on "Sports Management".  Responding to mess and getting favorable outcomes is always the clear focus of administrators, but often if forms to be a problem due to the emergence of significant hurdles within the system. Responding to certain issues becomes a manager’s first responsibility and it clearly reflects on the prowess that he or...

1. Explain why principles-based standards require a conceptual framework. 2. Why is it important that the IASB and FASB share a common conceptual framework? 3. It is suggested that several parties can benefit from a conceptual framework. Do you consider that a conceptual framework is more important for some parties than others? Explain your reasoning. 4. What is meant by a 'cross-cutting' issue? Suggest some possible examples of cross•...

Materiality ConceptDescribe "The concept of materiality as applied in coca-cola amatil 2015 report".  This study is mainly objected on the concept of materiality. Materiality is explained in this study and it is also examined how this concept transforms in the case study. Materiality is always an aspect of accounting where all matters that are considered to be important disclosed in a financial statement while those that are not co...

Is there a housing crisis in Australia?Identify and evaluate key arguments both for and against retaining these tax concessions if housing affordability is to be achieved. In your response you must explain what is meant by negative gearing and how capital gains arising from property investment are treated. You should refer to sections of legislation, tax rulings and cases where relevant.  Housing affordability is a term that is use...

Audit of Salaries and Wages AccountWrite an essay on auditing. According to International Federation of Accountants (IFAC), effective from 15 December 2009, the  undertaking auditor shall perform, design and prepare procedures in substantive tests for each sections of primary transaction, balance of accounts, and material disclosure, irregardless of the risks assessed, for what may consider the application only of substantive analyti...

SummaryWrite about Positive Accounting Theory (PAT) and you have to mentioned that you gonna support Current Accounting Standard so we don't need new Accounting. The paper examines the BP’s Deepwater Horizon oil spill to illustrate the need for the prior provision of detailed information as required by the public interest theory of accounting. From the BP’s Deepwater Horizon oil spill’s case, BP hoarded the critical ecos...

Concept of MaterialityDiscuss about the Financial Accounting for International GAAP. Financial accounting is one of the most important subjects that help in keeping records of all financial activities of an organization as well as it also helps in preparing the requisite financial report at the time of the requirements. It helps in preparing the financial statements of the company, which provides the essential information about the financ...

General Purpose Financial Reporting (GPFRs)Discuss about the General Purpose Financial Reports for Public Sector. GPFRs are required to be prepared by the reporting entities according to the Australian Accounting Standards which is the governing body. The GPFRs are prepared in order to meet the needs of those users who are not in a position to demand financial reports from the company as per their tailored needs. These users are dependent...

Expected added profit from the challanger lineDiscuss about the Financial Impact on an Organization for Baldwin Bicycle Company . The present assignment presents the accounting and financial impact on an organization Baldwin Bicycle Company currently, operating in business of bicycle and proposing to include new range of bicycle. In a marketing strategy introduction of new production leads a company to rise in growth and sustainability of...

Patient PerspectivesDiscuss about the Mock Concept Paper on Ablations. I began two or three years prior attempting to make sense of additional about the ablations as my better half was going into the phase of having them done. With a side note the ablations being done are the point at which the patients are conscious, not dozing. Even more a sundown impact aside from, my significant other can't be put to rest as she has been on the vent...

Management StyleDiscuss about the Formal Informational Report on Dell and HP (Computers and Software). Management Style The management style that HP focused was called “the HP way." The company abandoned its “hire and fire” mentality, which was to hire many workers for a large project and then fire them afterward. The company offered their employees with “almost perfect job security” instead, where the compa...

Misselling Implications and ConcernsHow and why does financial mis-selling occur? Critically discuss the question making reference to different perspectives and theories. Outline and describe two real world cases of mis-selling [as provided on the module blackboard site or from your own research] and indicate how and why financial mis-selling has developed in these cases. The concept of Misselling is very important in today’s financ...

Factors in planning stages in ERP system1. Support various factors in the planning stages, including but not limited to the importance of planning, key personal including internal and external stakeholders, budget, business processes, business alignment, software, applications, hardware, networks, licensing, and maintenance. In addition include other factors that are necessary during the planning stages, and important discussion points that sh...

Question: Discuss about the Introduction to Accounting for Accounting and Business Economics .   Answer: Introduction: The trial balance, comprehensive income statement and the balance sheet of Jackson and sons have been prepared in the first part. The second part of the report comprised of the analysis of the performance of the two selected companies that is a Tesco and Sainsbury. The analysis has been done using the profitability ra...

Question: Describe and analyse the role of accounting information in a business context.Analyse a set of financial statements including balance sheet, profit and loss accounts and cash flow statements.Demonstrate the relationship between accounting data and financial planning and resource allocation decisions.    Answer: 1.a: In the Books of Weather & Sons Adjustment Trial Balance :- As on 30th June,...

Benefits of the ERP system for Global Bike IncDiscuss the viability and issues in ERP implementation. Global Bike Inc is a multinational corporation headquartered in the US. The brand manufactures bikes, which can be used for racing. It has implemented a ERP Sap processes in its organization which has played an efficient role in its growth. It has been able to coordinate its four main processes which are finance, marketing, human resource...

Management Accounting1. Discuss the importance of management accounting for your selected organisation and differentiate between management accounting and financial accounting. 2. Evaluate different classifications of costs (types, behaviour, function and relevance) with examples. 3. Explain the meaning of variance analysis and discuss the most commonly derived variances, outlining the problems and limitations. 4. Identify different operati...