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Essays 391 - 420

Lease Accounting

lease is one that does not meet any of these four criteria. For the lessee, operating "leases are treated as current operating ex...

ACCOUNTING TERMS

so with the idea that theyll get something for their investment, which is that profits are shared out as dividends....

CONVENTIONAL ACCOUNTING - IS IT ENOUGH THESE DAYS?

thousands of people. Enron, technically, followed GAAP procedure. There is nothing in GAAP that says companies cant push debt of b...

THE NEED FOR ACCOUNTING INFORMATION

"market" includes the market in which the company purchase its merchandise for resale, and the market in which it actually sells t...

SFAS 5 and Accounting for a Public Liability Insurance Policy

impact on the current, year, there will not be an increase in the premiums if there are a lot of claims, nor will there be any adj...

Accounting Case Study; Plenty Money Sdn Bhd

and partly from increased sales. The turnover is only one area of concern; there will also need to be consideration of the profi...

CRISES AND CHANGE IN ACCOUNTING STANDARDS

accounting theorists and professionals should be very wary and skeptical of the immediate reaction to make changes to an accountin...

GAAP Pension Accounting

Turner (2005) states that a current proposal for reform "is that pension accounting should be based on market-value accounting (ma...

Revenue Recognition at Carlton; A Case Study

system that has not been sent out and the purchase is under a bill and hold arrangement. The company have paid $175,000 against a ...

Methods of Allocating Costs; A Practical Example

104,500 171,000 285,000 456,000 1,016,500 Contribution margin 170,500 279,000 465,000 744,000 1,658,500 Less fixed overheads (1) ...

An Application of Activity Based Costing

2007; Vieceli, 1999). This is a system that often takes advantage of new technology, the ABC system will identify the act...

The Benefits of Activity Based Costing

process of manufacture where there are at least a sequence of at least two activities required for the production of the product o...

Measuring Body Temperature

thermometer in the same areas. Thus the problem lies in determining which of the types of available thermometers is more ac...

Accounting Services’ Computerization and How the Industry Has Changed

in the New Millennium). Computerized records not only eliminated the constraints imposed by these paper reports generated only at...

Assessing Financial Statements: GM, Home Depot and Billabong

and expenses are recorded according to when they are earned and incurred" (Financial Accounting, n.d.), regardless of when the cas...

Accounting for Discretionary Costs with Specific Attention on Research and Development

many instances discretionary costs will be seen as general operating costs and expense within the existing period. In this respect...

HISTORY OF ACCOUNTING PRACTICES AND PROCEDURES

In the late 15th century, accounting became a specific science, thanks to the words of Luca Pacioli. Pacioli, a mathematician and ...

THE CASE STUDY OF APSP

This 3-page paper focuses on the fictitious APSP, why it's setting up its fiscal year from July to June, and what accounting polic...

A Visit to a Child Care Facility

a nursery and individual classrooms for each age group. The facility also has a state approved food preparation and serving areas...

CALTRON AND ACCOUNTING STANDARDS

qualities assumes that accounting is practiced with knowledge of the customer (University of Pretoria, 2007). Along those lines, f...

ACCOUNTING STAFF IN A SOLE PROPRIETOR SET-UP

money could seriously harm the business in its earlier days. Diligent record-keeping, on the other hand, will help the pro...

Academic Day/Meeting with Teachers

The teacher who pointed this problem out to me was very sympathetic and helpful. I had a good impression of this teacher from the...

eBanking and its' Influence on Accounting Information Systems

when undertaking new strategies, regardless of whether this is as an extension to traditional banking services, or as a stand alon...

INTERNATIONAL ACCOUNTING STANDARDS AND GAAP

IFRS guidance pertaining to revenue recognition tends to be less extensive than that of GAAPs. Nor does the IRFS contain industry-...

Autobiography of Benjamin Franklin

Moderation. Avoid extremes; forbear resenting injuries so much as you think they deserve. 10. Cleanliness. Tolerate no uncleanline...

The Historiography of Thucydides and Herodotus

that Thucydides, along with several other original historians "simply transferred what was passing in the world around them, to th...

Gunther/Death Be Not Proud

A 3 page book review of John Gunther's memoir of his son's illness and death. The title of this book is drawn from John Donne's Me...

Hospital Information Systems: Identifying Pathways

to transfer data recorded by the monitors by telephone to the clinic. Nurses orchestrate this data transfer and conduct an initia...

Interview with an Older Woman

experience as a woman in the workforce, her thoughts about the struggle for civil rights, and technology as perhaps the most appro...

Designing an Interview

a woman in the workforce, her thoughts about the struggle for civil rights, and technology as perhaps the most appropriate. This i...