The Accounting Cycle is a combination of processes that occurs at various periods throughout a designated time period. The time period can be weekly, monthly, quarterly, semi-annually, or annually, based on the needs of the organization or company for which the accounting cycle is being...
Essentially, managerial accounting is done to inform an internal audience while the financial accountant’s records are focused on the needs of an external audience with respect to the organization. Managerial accounting emerges as an operational tool compared to financial accounting that serves the primary purpose...
Accountability is the act of knowing where something or someone is at any given moment. This is crucial in today’s professional environment for a couple of different reasons. Companies, businesses, and pretty much anything that is being used to represent a group of people or...
Accounting relies on many assumptions. Among these concepts business entity is a considerable concept. Made-to-order essay as fast as you need it Each essay is customized to cater to your unique preferences + experts online Get my essay The business entity concept which is also...
Good Laboratory Practice (GLP) is a set of principles that guides how laboratory studies are planned, performed, monitored, recorded, reported and archived. This is different from laboratory safety standards (such as appropriate clothing). GLP helps to ensure the credibility and traceability of data submitted, thereby...
According to a recent study by U.S Bank, about 82% of small businesses fail due to poor mismanagement of cash flow. But how do you know that? Cash flow mismanagement occurs if your expenses exceed your cash. Without positive cash flow, a company cannot meet...
Financial institutions help with the cash flow of money within the economy among customers, companies and the government (pg. 179). There are several types of financial institutions including: commercial, investment, mutual savings, credit unions, pension funds, life insurance, mutual funds, and hedge funds (c-5:8). Each...
A Non-performing asset (NPA) is a credit facility where the interest and/or installment of Bond finance principal has remained “past due” for a specified period of time. NPA is a term used by financial institutions for loans that are in jeopardy of default.. Once the...
The theory of mergers and divestitures is developed in this paper. This theory is not dependent on taxes or the acquirer having huge surpluses. The inability of short horizon projects or firms which are marginally profitable to finance themselves as independent entities due to problems...
This is an Australian news article that is explaining the specific tax that is put on alcoholic drinks. The specific tax is placed on a specific good or product and has a fixed amount for each unit sold, it is proportional to the quantity of...
Basically there is an act based on business registration. According to that act law governing partnership in Sri Lanka is English law which consists of Partnership Act of 1890. As per the Act a partnership is the relations which subsist between persons carrying on a...
Every enterprise whether big, medium or small, needs finance to carry on its operations and to achieve its targets. In fact, finance is so indispensable today that it is rightly said to be the life blood of an enterprise. Without adequate finance, no enterprise can...
A few investigations have been directed on Dividend Policy by various researchers in various time frames. The connection of value instability and dividend yield is very noteworthy as contrast with different factors. (Asghar, Shah, Hamid and Suleman, 2011) Dividend strategy has positive impact on stock...
American Accounting Association describes depreciation as, ” Any decline in the service potential of plant and other long term assets should be recognized in the accounts in the periods in which such decline occurs. The service potential of assets may decline because of gradual or...
Introduction Everyone experiences it; everyone also has different ways of dealing with it. Some people cope by drinking, smoking, overeating, meanwhile, others have a unique way of dealing with stress. For example, others eat their own hair which is called trichotillomania. Trichotillomania is defined as...
From my reading of Literature everywhere it suggests that the computer has simplified financial accounting and embracing computers have helped tradition financial reporting. Role of computers in financial accounting and accounting software packages. Made-to-order essay as fast as you need it Each essay is customized...
In context of corporate governance, there are two vital elements that needed to be maintained in order to ensure efficiency and transparency of organizational operations. These two elements are accountability and performance. Shareholder’s confidence is enhanced by good corporate governance practices. Thus, Good corporate governance...
Mrs. Townlian Accounting January 19 Accounting is planning, analyzing, and interpreting financial information. Or less commonly known as the art of recording, classifying, summarizing, in a remarkable way, in terms of money, transactions, and events usually of financial classification (“Users Of Accounting”). Accounting allows those...
In an increasingly complex and volatile environment, the duties of a manager are increases. A manager is required to have capabilities beyond than just technical skills, but have qualified managerial and leadership. Who able to manage flexible and accountable, and also has a leadership competency...