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Accounting Information For Business: Long Range Planning

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Question: Describe about the Accounting Information for Business: Long Range Planning?   Answer: Introduction Kaplan and Norton (1996) introduced Balance Score Card as a performance measurement tool by the Managers (Kaplan and Norton, 2001). The strategy of every organization is to improve its performance in order to fulfill its objectives. The benefit of balance score card in New croft hospital trust has been studied (Kaplan and Nort...

Read More arrow Tags: United Kingdom Bristol Accounting University of London Accounting-UCLA9047 

Accounting For Lease

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Questions:  Owing to low liquidity, Lisa Ltd decides on 1 July 2015 to sell its land and buildings to Anderson Ltd. The carrying values of the land and buildings in the books of Lisa Ltd, at 1 July 2015, are: Buildings, at cost Accumulated depreciation  The land and buildings are sold for $4334 700 (their fair value), with the amount being allocated equally as follows: Land $2167350 Buildings $2167350 ...

Read More arrow Tags: Australia Cranbourne Accounting Monash University accounting 

Corporate Finance : Utilisation Of Financial Statements

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Question: Discuss about the Report for Corporate Finance of Utilisation of Financial Statements.   Answer: Introduction Australian Accounting Standard has developed many standards for proper presentation and utilisation of financial statements. Thus,” Presentation of Financial Statements” AASB 101 which represents the format in which accounts should be formed is applicable for the reporting period after 1st January 2009. T...

Read More arrow Tags: Australia Lakemba Accounting University of Melbourne 

Accounting And Business Research

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Question: Discuss the characteristics of accounting information and its usefulness for decision making purpose, Key challenges and benefits to select an appropriate method of accounting and Critical analysis of diverse interests of stakeholders?     Answer: Introduction According to Fawcett (1997), conceptual framework has several uses. It can be used to develop the concepts of accounting to be laid down in the IFRS. The concept...

Read More arrow Tags: Singapore Accounting Accounting Assignment Singapore University Accounting-LMU21 

Pricing Of Information Products

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Question: Discuss about the Pricing of Information Products.     Answer: Budgeted Income Statement for Aussie Medical Company using both the alternatives are shown below - Aussie Medical Company Budgeted Income Statement Particulars Casual Agents Full time Salesperson Sales            30,000,000     &...

Read More arrow Tags: Australia Granville Accounting Management Accounting Dension University 

Acrux Limited

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Question: Describe about the "Acrux limited".    Answer: Executive Summary The below analysis has been done with an intention to understand the financial statement structure and understand how the same has been used in the decision making process by the users. For the below analysis work AURUX Limited has been considered which is a publicly listed company traded in the Australian Stock exchange. Introduction Aurux limited is a ...

Read More arrow Tags: Australia Redfern Accounting  University of Warwick Accounting  

Product Cost Systems

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Question: Describe about the Product Cost Systems.    Answer: Abstract In any given organization, keeping complete records with regard to the value of their inventory is one of the major concerns. This is because keeping too much stock that is unprofitable or using inappropriate product cost measures may result into a company making losses. It is, therefore, necessary for a company to have an effective product cost system that wi...

Read More arrow Tags: Australia Maribyrnong Accounting Management Accounting  Victoria University  

Benefits And Limitaion Of Sole Proprietorship

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Question: Describe about the Benefits and Limitaion of Sole Proprietorship?     Answer: Introduction In the world of accounting there are various forms of business each having its own advantages and disadvantages that needs to be looked into before any particular business is being understood and started by the company. There is always a question that what would be the best form to control a particular business and how it would b...

Read More arrow Tags: United Kingdom London Accounting University of London Accounting-LMU21 

Preliminary Audit Plan Assessing Internal Control Risk

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Question: The engagement partner has requested a meeting tomorrow to discuss audit plan for MTI She has requested several documents for that meeting.1.  A preliminary audit plan assessing internal control risk and providing preliminary judgment for detection risk.2.  A description of specific substantive procedures that could be conducted for the WIP inventory.You are required to justify the audit plan by referring to theoretical groun...

Read More arrow Tags: Australia Sydney Accounting Auditing University of Sydney Accounting-UCLA9047 

BP And Theories Of Regulation

Downloads : 2 | Pages : 10

Question: Interest Theory and what of the role of regulators (politicians)? What are the motivations of politicians as regulators?    Answer: 1. Introduction This study is about the public interest theory and the role of politicians as regulators, their motivations and its repercussions on the society. The argumentative study is presented through an analysis of the research publication by Jean Houdet and Charles Germaneau. The me...

Read More arrow Tags: Australia Lakemba Accounting Accounting Theory University of Sydney 

Switching From US GAPP To IFRS

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Question: Describe about research of Switching from US GAPP to IFRS?     Answer: The studies that have been conducted so far show some mixed evidence with regard to the quality between the IFRS and the US GAAP. The study was conducted with relation to the high tech firms in Germany. These firms were until now following the US GAAP and were required to switch to IFRS. The study concluded that the IFRS had exhibited more amount of ...

Read More arrow Tags: United States Brooklyn Accounting University of Maryland Accounting-UCLA9047 

Handbook Of Cost & Management Accounting

Downloads : 239 | Pages : 5

Question: Describe about the Handbook of Cost & Management Accounting?   Answer: 1: In the books of Quigley Co Journal entries                                                    &nb...

Read More arrow Tags: Australia New South Wales Accounting Management Accounting accounting University of New South Wales (UNSW) 

Contemporary Accounting Theory

Downloads : 2 | Pages : 21

Questions: Task 1. Provide a report summarising the purpose of Corporate Sustainability Reporting (CSR) by referring to the Global Reporting Initiatives' (GRI) Sustainability Framework (G3.1).   Task 2. Identify two ASX Top-500 companies multinational companies and compare their reporting on economic, environmental and social aspects in their annual reports and standalone sustainability reports for the reporting year ending 2014. [Note: D...

Read More arrow Tags: Australia Brisbane Accounting Accounting Theory University of Brisbane 

Mental Accounting And Its Impact On Consumer

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Questions: 1. What is mental accounting? How does mental accounting impact consumer decision making? 2. How might a company take advantage of consumers’ mental accounting? Give examples. 3. As a marketer, how might you frame certain decisions to benefit from the disparities that arise in one’s cognitive accounting? 4. As a consumer, how would you avoid the pitfalls posed by the inequalities of one’s cognitive accounting?  ...

Read More arrow Tags: United States Chicago Accounting University of Chicago Accounting-UCLA9047 

Dick Smith Accounting Theory

Downloads : 2 | Pages : 7

Question: Discuss about the Dick Smith Accounting Theory.   Answer: Introduction: Accounting Theory refers to logically analyse a decisive number of extensive principles that assist in providing a general framework of reference which helps in evaluation of accounting practice and management of recent practices and processes (Malmi and Granlund, 2009). On July 14, 2016 McGranthNicol administrator of Dick Smith Group of Companies p...

Read More arrow Tags: Australia Sydney Accounting ACC5216 Accounting Theory University of Sydney 
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