Rating
ACCOUNTING
Beyond budgeting satisfies this need better than traditional budgeting
Beyond budgeting satisfies this need better than traditional budgeting
Introduction
Organizations used the process of budgeting to manage and control their operations, to formulate a proposed budget for the following year, for employee motivation and performance enhancement, and to allocate organizational resources to ...
Rating
Audit Reforms and Future Developments
Audit Reforms and Future Developments
Introduction
The purpose of this paper is to expand the boundaries of our knowledge by exploring some relevant facts and figures relating to the audit reforms and its future development. Most large profit and nonprofits organizations will obtain an annual financial audit. Usually, ...
Rating
BANKING SECTOR
Deregulated Banking Industry and Current Economic Downturn
Deregulated Banking Industry and Current Economic Downturn
Introduction
The profound transformation of the banking industry over the past 25 years has been accompanied by radical changes in the regulatory system in the industry. Whatever may have been the relations between the two processes, the ...
Rating
Managerial Accounting
Managerial Accounting
Q. Comment on the various ways that financial statement information is presented in this article on Nokia.
The financial information was presented in the form of trend analysis of Nokia and its competitors. Moreover, graphs were also used to represent the financial comparison of Nokia with other companies.
Trend ...
Rating
IAS 18 & IAS 11
IAS 18 and IAS 11 - Critical Evaluation
IAS 18 and IAS 11 - Critical Evaluation
Introduction
The International Accounting Standards are a set of rules or laws that establish the information to be presented in the financial statements and how that information should appear in those states. IASs ...
Rating
The Ski Pro Corporation
The Ski Pro Corporation
Introduction
The company Ski Pro must primarily choose that the company should consider the decision to buy or whether to make the bindings. In order to make the decision the company should consider looking at the cost which is avoidable and then contrast or ...
Rating
Managerial Accounting
Managerial Accounting
Introduction
Compare and contrast job order costing to process costing method.
Job process counting and order costing are both similar to one another in this way that both of them are a combination of overheard, labor and materials during the creation of the product. The pair of these systems ...
Rating
EXPECTATION GAP
Expectation Gap
Expectation Gap
Introduction
Audit plays a very important role in serving the interest of organizations and people in general. It strengthens the accountability and reinforces trust and confidence in financial reporting. It also maintains a check on the performance of managers, who can exploit the resources of the firm using ...
Rating
CONCEPTUAL FRAMEWORK
A Conceptual Framework is an impossible possibility
A Conceptual Framework is an impossible possibility
Introduction
Social accounting takes a wide variety of forms and appears under various labels. 'Social accounting' is used here as a generic term for convenience to cover all forms of 'accounts which go beyond the economic' and ...
Rating
ACCOUNTING
Full Costing Verse Variable Costing: Does The Choice Still Matter?
Table of Contents
Introduction1
Discussion1
Full Costing (Absorption Costing) Vs Marginal Costing1
Conceptual Framework and Key Assumptions of the Approaches2
Comparison in Absorption Costing Vs Marginal Costing3
Relative Strengths and weaknesses of Absorption Costing Vs Marginal Costing4
Does The Choice Matter? - A Critical Response7
References11
Full Costing Versus Variable ...
