Overview of the research problem and research objectivesThe information technology plays an imperative role in the accounting structure. In the current era, the organization has needed to gain their understanding with respect to the implication of the information technology in the accounting system to obtain higher profit. In addition, it is also addressed that the information technology could also facilitate the organization to improve their ...
The Conceptual Accounting FrameworkPrudence is regarded as an important qualitative characteristic that was removed from the conceptual accounting framework in the year 2010 (M?ciuc?, 2015). The principle of prudence refers to the exercise of caution during making decisions under the conditions of uncertainty. The prudence concept is restricting the assets and income to be overstated and liabilities to understate. As such, it leads...
ADDRESSTYPE tablecreate table ADDRESSTYPE( AddType_ID CHAR(1) Primary Key, Add_Type VARCHAR(15) /*------------------------2. ADDRESS TABLE--------------------------------*/ create table ADDRESS Address_ID INT AUTO_INCREMENT, Address_St VARCHAR(50), Address_City VARCHAR(30), Address_State VARCHAR (3), Address_Postcode CHAR(4), Add_TypeID CHAR(1), primary key (Address_ID), FOREIGN KEY (Add_TypeID) references ADDRESSTYPE(AddType_ID) ...
Background of Amazon.comAmazon.com is one of the largest international corporation in the world. The organization deals with deals with an American commerce in electronic commerce and cloud computing. The company is situated at Seath, Washington and it was in the year 1994 by Jeff Bezos . Currently Amazon is the second-largest private employer in the country, it has a stock worth US$1,944.30, and its subsidiaries are Zappos, Audible, Sough.co...
Conceptual Framework and Its Role in Financial ReportingConceptual Framework may be defined as the general framework which is used by businesses for the purpose of reporting of financial information in the business. The conceptual frameworks are used by business for the purpose of developing and preparing annual reports of the company (Macve, 2015). With the help of an effective conceptual framework numerous business problems can be solved and...
Product RoadmapIn the web application using to booking for rooms. It contains the home page, contact page and login page. The login page contains customer details and booking details. The home page contains the room details. In the customer booking the room through the website (Chiou, Lin and Perng, 2011). Home Page Account Page Reservation Page Booking Page User Hierarchical Diagram Use Case Classified by User Hi...
Pseudo Code: Central Heating Unit comprises of various Controllers like System Clock Controller, Heating Unit Controller, Fan Controller, Gas Controller etc. These all controllers are responsible for carrying out one specific functionality. Each controller is called from other controllers to perform the function for which it is responsible. The controller performs the functionality and returns the response to the calling controller that wh...
The Importance of Work Culture within an OrganizationThe work culture within an organization being immensely important, it is subject to change with respect to the demands of the market. However, the management, while operating these changes, frequently overlook the necessary changes that are required to do away with the shortcomings of a traditional accounting system. Accounting systems exist and function in a nuanced format, which has a dire...
Background of the TopicThe aim of this essay is to discuss and extensively elaborate on the proceeds of the 11th through the 13th international conferences that were conducted on Business Process Management. The paper discussed has a direction relevance to business process management. The selection conference article for this essay is Mining Resource-Scheduling Protocols. The competition for the scarce commodities and capacity of the...
Significance of Budgeting in OrganizationsThe research paper presented here discusses and analyzes the budgeting system of company operating in United Arab Emirates. Analysis of budgeting system in Aramex have been demonstrated which is the leading global provider of transportation solutions and comprehensive logistics (Aramex.com, 2018). The budget is an important instrument for planning, controlling and executing that helps in creation of gu...
Security Measures and AdvantagesDue to the current security issues concerning cyber security, it is important for the company to lay day security measures that would assist the company to avoid risk that comes with cyber security attacks. There are advantages that comes with employing modern security measures for instance, the company would enhance a general security posture, increase the efficiency of operation and enhance accountability amon...
Organizational performance is influenced by human capital resources based on individual personalityThe article starts with an evaluation of various models and theories that explains how personality influences the performance of a firm. According to Oh, Kim, & Van Iddekinge, (2015) organizational performance is influenced by human capital resources based on individual personality. The article analyses the Personality-based human capital res...
Utilitarianism Theory EvaluationThe importance of data privacy has grown because the threats relating to private of data has increased as well. Organisations and individuals are required to maintain a high standard of care in order to ensure that they ethically manage their operations and avoid breaching privacy of others. The University of Arizona uses big data technology to found out the reason for the attrition of their students. The universi...
Process CostingPart a. Calculation of Equivalent unit using Weighted average Particulars Input Output Material % - Weights Equivalent material units Conversion Costs % - Weights Equivalent conversion cost units Opening inventory - WIP 3,000 Units Introduced 12,000 Units completed 9,000 ...
Background on Goodwill AccountingSolution 1 The IFRS 3 requires that the items of financial statements like, assets, liabilities, incomes and expenses should be recognized at their fair value during the acquisition or business combination. Thus, as per IAS 36 and IFRS 3, the goodwill should be tested for impairment yearly and should be recorded at fair value. Earlier, there were broadly two method for recognizing goodwill, one is amortizatio...
The Impact of Robotics on the Fast Food IndustryThe industry of food is changing with the effect of robotics. The demand of food rises continuously with increase in the population by 7.5 billion. The industrial robot revolutionize across the globe and allow the increase in productivity. The fast food industry generates globally $570 billion along with the growth rate. Robots are capable to handle smart material and work side-by-side with the h...
Overview of MongoDB as a NoSQL databaseMongo database is simply a no SQL type of database. By saying this we mean that it’s a document database. No SQL databases are far more different from relation databases such as MY SQL .In MySQL databases every this as to be mapped, one needs to figure out the exact scheme depending on what tables you use, fields and also the types of fields , whatever its going to be a string or integer . With no S...
Risk Assessment MethodThe most ordinary type of cancers identified internationally is skin cancer & it is increasing rapidly since the past 10 years. Workers are exposed to the UV rays who work outside and this is the major reason that they are diagnosed with Skin cancer particularly squamous cell carcinoma & basal cell carcinoma. These are recognized as the non-melanoma skin cancer & melanoma skin cancer respectively. Australia co...
Rationales Behind The AcquisitionFinance sector is one of the major sectors across the industries operating in the different countries. It is because without the financing no company can run its business in the easy and smooth manner. Through this report, the acquisition of Adelaide Bank Limited by the Bendigo Limited has been detailed. Both the companies are into the banking sector. The banking companies are required to adhere to the norms as...
Key issuesSupply chain technologies refer to a few of the current topics that have been highlighted in the global market due to the high competition levels that have been prevalent among the various industries that have been emerging in the global market. This might help the concerned business organizations in the distribution and the allocation of the resources within an organization in a more effective manner in order to gain a higher compet...
IssueRecently, it has come under the news that personal details of more than 50 million users of Facebook had been leaked to one of the companies named Cambridge Analytica. It was a UK based political analytics provider. The whole issue started when Aleksandr Kogan, a professor of the University Of Cambridge University was collecting data in respect to Facebook users and after the research; he developed a mobile application named “This i...
The Z notationFormal specifications are used to develop an abstract view of the system without going into the details of implementation (Partsch, 2012). This assists in developing a clear logic, in a precise manner, of how the system will operate. This is achieved through the employment of mathematical notations borrowed from formal logic and the set theory (Sommerville, 2013). Consequently, formal specifications reduce the development costs a...
Standard CostingOver the last few years, manufacturing organizations have experienced both increasing technological advancement as well as high competition. With the tremendous variations taking place in a manufacturing setting, where the standard costing has been generally practiced, particularly due to upsurge in usage of the progressive industrial innovations such as the automation, ABC, standard costing and the JIT applicability of the sta...
Introduction, Identification of Topic and Research QuestionWith the rise in the technological aspects across various sectors it has been extremely crucial for each of the sectors to keep pace with the changing scenarios of the world. In the recent age of technological progress in several fields it has been extremely crucial to make use of such self-reliant robots who make use of high form of artificial intelligence (AI) technology (Russell, &a...
Additional activities for a food fair stall The main activities that can take place at a lemonade stall are: The customer would order the lemonade The customer mentions the criteria for the lemonade The lemonade seller takes the order from the customer The Lemonade seller prepares the order for the customer. The seller enters the appropriate sugar level for the lemonade and the machine provides the required product f...