The aim of this paper is to identify factors that motivate preparers of financial statements to engage in accounting fraud and also identify safegaurds available in preventing such frauds. investors and analysts look at company earnings to determine the attractiveness of stock that is measured…
An undervalued currency allows a country to essentially impose a tax on importsTrade deficit or current account deficit. M – E = trade deficit M < E = trade surplus With a BoP surplus, there is an inflow of foreign currency. This will be exchanged...
In 1789, Benjamin Franklin wrote a letter stating: “Nothing in this world can be said to be certain, except death and taxes”. Tax has long been seen as an unavoidable cost for business. Nowadays with the advantages of globalization however, multinational corporations (MNCs) have developed…
This paper advances understanding of the role of swimming dynamics and unsettled flow in the habitat selection of juvenile Atlantic salmon in a realistic hydrodynamic environment. Average velocities and turbulence intensities were within the range used to construct the swimming cost model of Enders et…
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,…
It’s that time of year again. Confusion stress and seemingly endless headaches. It’s tax season. For most people, the thought of doing their taxes is panic-inducing. In fact, 28% or roughly 1 in 4 Americans cited high taxes as a source of constant stress in…
“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…
Introduction Widely regarded as the father of modern economics, Adam Smith, in his hugely influential book “The Wealth of Nations, ” presented the principles of equity, efficiency, certainty, and convenience as being the ideal characteristics of a ‘good’ taxation system. Since their initial publication in…
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…
Two theoretical models available for the structure of the personal income tax are termed as schedular tax system and global tax system. A schedular tax system is when the tax rates are determined by separating income levels into different classifications whereby each classification represents 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,…
A good tax system should adhere to certain principles which becomes its characteristics. A good tax system is there for based on some principle. Adam smith has formulated four important principle of taxation. These principles which a good tax system should follow are called as…
The most important source of revenue of the government is tax. And the act of laying tax is called taxation. Tax collection is an administrative appraisal upon property estimation, exchanges, legacy of the perished, licenses conceding a privilege or potentially wage, and obligations on imports…
Should men be taxed? Sexism has existed for many years and it might never come to an end. Back in 1778, women struggled with high tariffs and were easily brainwashed into paying them. Nowadays the gender wage is even more severe since women are getting…
There are a few kinds of payment methods that people staying China uses, cashless payment or by cash. Examples of cashless payment are Alipay, Tenpay and WeChat Pay which use mobile phone devices to make payment by scanning the QR (Quick Response) Code. Researches have…
I was anxious before I became introspective. I was anxious on 22nd December 2010 when I went to a cyber café to register for my Jamb Exams. I was anxious when the scroll bar pulled down and I selected Law as my choice of course…
