Essays on Management Accounting

Introduction The tax landscape for an organisation keeps changing, more so due to the world becoming more interconnected and digitalized. Hence, the tax policies may not be up to par with the increase in globalisation and business developments creating various tax risks for an organisation....

Tax is only a piece of the accounting world that has a world of importance, and not just in the United States. Tax accounting is about as evenly important as all other factions of accounting, such as audit or consulting. Tax accounting is the most...

“Tax avoidance is the process of using legal means to reduce the amount of tax that is owed based on enumerated provisions in the tax law”. Starbucks argued with the investors that the business had been profitable, even though the business had been reporting losses,...

Capital Gains tax is a tax on the increased value of assets that have been sold, based on the day it was bought and then sold. The Act governing Capital gains tax is Chargeable Gains Act 1992. Stamp Duty Land Tax is a tax imposed...

This paper focuses on what taxes are, where the first income tax started, and where we are today and how, where we are today, affects our agricultural community. Many presidents before Trump, have signed tax cut acts in hopes to make taxes easier on one...

‘The meaning of numbers in our lives’ is Earl Kay Stice’s speech, expressing the benefit of numbers in our daily existence. In modern society, accounting and finance have had universal effects, dominated by banks and financing all over the world. It makes up every aspect...

Accounting was first introduced to me by a family member who was working towards being a chartered accountant. After explaining his role at work, I realized this was something I was incredibly interested in and therefore began to conduct my own research on the career...

My love for accounting began in primary school as I learned how to play with numbers through addition, subtraction, multiplication, and division. Coupled with my early interests in numbers and computations, my passion for accounting and finance as a career was enhanced by the people...

The hypothetical scenarios presented in Economics allows me to fully express myself. I like being able to question different aspects of the economy and how each one can have an impact. I predominantly enjoy studying Economics at A level especially looking at markets, externalities and...

Money is powerful, and improper management of your finances can be detrimental. Witnessing the strain finances can put on lives sparked my curiosity into finance, because I wondered how not to end up in those circumstances. As I got older my curiosity turned into a...

Introduction Taxation is an act, process or means by which the sovereign (independent state) through its law-making body (legislative branch of the government) makes demand for revenue in order to support their existence and carry out its legitimate objectives (Scribd, 2011). It is imposed in...

Introduction Every government imposes taxes on its people either directly or indirectly. These taxes are in the form of levies such as income, estate taxes, and capital gains, which are imposed on citizens of a country involuntary. Many governments tend to overtax their citizens, but...

WorldCom was a large telecom company in the United States that enjoyed an almost meteoric rise during the 1990s but later ran into trouble in the early 2000s, particularly 2001 was difficult. This case gives future generations of accountants the opportunity to study the largest...

Introduction Recent corporate financial accounting scandals like WorldCom, Global Crossing, Tyco, Enron and many others have increased concerns about fraud globally, cost shareholders billions of dollars in value, and led to the corrosion of investor confidence in financial markets Peterson and Buckhoff (2004); Hogan, Rezaee,...

“A dream does not become reality through magic; it takes sweat, determination and hard work”-Colin Luther Powel Throughout my life, I have dreams that push me to do my best and make me feel to do more. My journey began with getting a gold medal...

There are many languages in the world, but one language can be recognised by all and that is the language of digits. From time to money everything is the game of numbers and digits. Throughout my study years I have been attracted to numbers. Not...

Company’s Overview AMAC was formed in 2006. It is engaged in the services, supplies, distribution and marketing of petroleum & petrochemical products. It has expertise in fuel and lubricants industry. Being in the business since last ten years and having worked for market leaders like...

Starting my A level in economics by learning things such as the power of money and how the government tries to control the actions of people through fiscal changes, sparked a sudden interest to me regarding the world of finance. Not only was it a...

Many businesses around the world fail to realize the importance of working with accounting services Dubai. As a matter of fact, many owners want to take a more engaged and hands-on approach, leading them to neglect the role these professionals play in their company. However,...