Explaining Basic Accounting Concepts and Business Structures To understand accounting there are several key concepts and terms to be familiar with. One must know where Generally Accepted Accounting Principles came from as well as how businesses form. Sources of Generally Accepted Accounting Principles The Securities and Exchange Commission (SEC)‚ American Institute of Certified Public Accountants (AICPA)‚ Financial Accounting Standards Board (FASB)‚ and the Government Accounting Standards Board
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BAO3312 Advanced Management Accounting Sem 1 2011 Tutorial Class Participation / Learning Journal Name of Student / ID no.: Name of Tutor: Day / Time of Tutorial Class: Week Attended Tute: Yes/No Describe participation and/or contributions made (if any) Reflect on and describe 1 important learning point from this week’s reading /case ( length guide: 50-75 words a week); Do not just list what topics were discussed; describe a valuable learning point for you and explain
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ACCOUNTING CONCEPT AND CONVENTIONS In drawing up accounting statements‚ whether they are external "financial accounts" or internally-focused "management accounts"‚ a clear objective has to be that the accounts fairly reflect the true "substance" of the business and the results of its operation. The theory of accounting has‚ therefore‚ developed the concept of a "true and fair view". The true and fair view is applied in ensuring and assessing whether accounts do indeed portray accurately the business
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Reviewing Key Concepts Chapter 7 1. What are resources? 1. Answer: A resource is anything a person can use to help Reach his or her goals. 2. What resources do you have that can help you choose a satisfying career? 2. Answer: Your resources include your personality‚ Self-concept‚ interests‚ attitude‚ aptitudes‚ abilities‚ and Values. Each of these can affect the career choice you make. 3. Name a career and five personality traits that would help a person succeed in it. 3. Answer: Wedding
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ASSSIGNMENT TITLE: GESTALT KEY CONCEPTS Gestalt therapy aims for self knowledge‚ acceptance and growth by looking at the current existence. This theory entails concepts around what is actually currently happening rather than what has happened in the past. It focuses on the here and now‚ not on what should be‚ could be or what was. From this present centred forcus‚ one can become clear about ones needs‚ wishes‚ goals and values. The concepts emphasized in gestalt therapy are creative adjustment
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the following requirements: 1. Prepare a list of the factors that are assumed to have contributed to the perfect storm in the higher education sector in Australia. 2. As a student studying accounting information systems (AIS)‚ identify and explain the salient factors affecting the business processes (transaction cycles) of a university during the perfect storm. 3. Explain how a well-designed Accounting Information System can help university management in taking strategic decisions reducing
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Accounting concepts and conventions [pic] Going concern This concept is the underlying assumption that any accountant makes when he prepares a set of accounts. That the business under consideration will remain in existence for the foreseeable future. In addition to being an old concept of accounting‚ it is now‚ for example‚ part of UK statute law: reference to it can be found in the Companies Act 1985. Without this concept‚ accounts would have to be drawn up on the ’winding up’ basis
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phenomena in the world. We hear about globalization almost everyday through the means of mass media‚ text books‚ research projects and so on. Thus‚ the term “globalization” is quite familiar to us‚ and we all acknowledge that we are in the era of globalization. However‚ globalization itself is a very wide‚ abstract‚ and at times even contradictory concept. Therefore‚ in this essay‚ my discussion will only focus on one of the key concepts of globalization‚ interconnectedness‚ which is the most important
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possession of or responsibility for” (Mich‚ 1997). In the business arena‚ a hostile takeover is a stock acquisition in which “management and/or a significant number of shareholders oppose the purchase of the company by the intended buyer” (Fisher‚ Taylor‚ & Cheng‚ 2002). The case of Oracle and PeopleSoft is currently a hostile takeover situation. Meet the Parties The Bully Oracle is the second largest software development company in the world‚ behind German-based SAP. Oracle develops database
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Appendix A The Key Concepts of Diversity Raymond Price Eth/125 Culture Diversity Heather Valentino University of Phoenix Material Appendix A Part I Define the following terms found in Week One and Week Two readings: |Term |Definition | |Diversity |It is the condition of being diverse‚ different‚ or varied; difference
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