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PROFIT MAXIMIZATION AND ACCOUNTING GIMMICKS

In late 2001, when the former "new economy" giant Enron was imploding, it was found that its internal financial staff relied on sp...

Comparing the Christian Account of Our Creation to the Yoruba Creation Myth

warm and light the new creation (Awolalu, 1996). Obatala then made human figures from dirt, human figures that were varied and co...

Tourism in Phuket: The Global Impact

to the area of Phuket in southern Thailand. Unfortunately, many contemporary factors seem to be impacting that level of tourism to...

Diversity in Cost Accounting Practices

can be very effective at allocating indirect costs (de Modesti and Eriksen, 2008). This is an approach that may be seen as one aim...

Is the Traditional Approach to Cost Accounting Outdated in a Modern Environment?

be take place, however this an area which they significant weakness many companies, as noted that in 1987 by Johnson and Kaplan, a...

BACKGROUND AND EXPLANATION OF SARBANES-OXLEY

for major corporations took place in 2004 (Borrus, 2005). Impact on Accounting Controls The Act, for the most part, has...

The Applications of Social and Ethical Issues in Business Strategy

improving the quality of life of the workforce and their families as well as of the local community and society at large". Within ...

osting at Johnson Beverage

on the part of the customers own management, or increase costs to make sure that there is a profit achieved. 1. Introduction Jo...

Accounting Frameworks - IFRS and US GAAP

last in first out stock management in the US. This is now mainly outdated and not used, but it is still possible to be used. In ot...

Structural Changes in the Japanese Workforce

permanent employment contract (Ogura, 2005). In many countries, especially those where there has been a general lower level of com...

MORAL REASONING AND FINANCIAL REPORTING DECISIONS

charged for overstating financial statement income in an attempt to make their income statements and balance sheets appear more at...

HEALTHCARE, FINANCE AND ACCOUNTING

a hospital decides its going to expand its capacity, the management understands it is risking capital to add more beds. But its do...

Thucydides and his accuracy as a historian

the objectivity he professed" (Lattimore xiii). As this postmodern revisionist view of Thucydides suggests, his historical accurac...

Genesis 1-2:3 Compared to Genesis 2:4-25

are differences, the two texts do not necessarily contradict each other. The account of creation in Chapter 1 is very detailed. ...

The Problem of the US Current Account

The second problem is the way that this should be dealt with, this is linked the first problem, as knowing the potential outcome m...

EXTENSIBLE BUSINESS REPORTING LANGUAGE AND ACCOUNTING

(as a standard Internet page might), XBRL provides a tag to identify each individual item of data, that is computer-readable (An I...

“The Things They Carried” - An Analysis of the Main Themes

with a wretched climate where theyre always hot and miserable, where they cant tell friend from foe, and where half their battles ...

AUNT CONNIE'S COOKIES AND COST ACCOUNTING SYSTEMS

of goods sold - in other words, the cost for manufacturing the product or preparing a service - are necessary items on a balance s...

ACCOUNTING STANDARDS AND SYSTEMS

interested in a higher net income (Investopedia Staff, 2010). Granted the lower net income will result in lower taxes, but it will...

International Economic Issues and Influences

to support the US economy as they are a major purchaser of Chinese goods. Where there are large deficits this also has an impact...

The War Against Troy

Whether or not Helen was the cause of all the uproar is really unknown, but what seems certain, according to archaeologist Manfred...

Seventh Generation Culture and Structure

it is to protect the earth. This is a message that is likely to have a wide appeal, it builds on the preconceptions that larger co...

Creating a Income Statement

formula looks like this =SUM(B2*45%). This is then repeated for each of the costs for the different departments, and the advertisi...

Statistics and the Field of Accounting

Green visit www.paperwriters.com/aftersale.htm for more information on using this paper properly April, 2010 As time goes on...

Ratio Analysis of AS Ltd

the first is the gross profit margin. The gross margin is expressed as a percentage. This is the level of revenue that remains whe...

Performance Practice/Debussy's Sonata for Flute, Viola & Harp

national music via a synthesis of "refined eighteenth century stylistic gestures" and his own "nuanced style of musical impression...

Evaluating John Adams's Presidency

the lions share of the credit" (Bruns, 2007). McCullough says that Adams had an "astute political mind" as well as being an eloqu...

High Performance Drugs: Social Consideration

is both famous and respected. However, it becomes difficult for the child or adolescent to understand the motivation behind such ...

Financial Management of Domestic and Multinational Business

unless a domestic company set up a new facility or undertook to subcontract the work, however with the development of the practice...

Accounting Standards; Will Enron Happen Again?

the GEC directors took control of the company, and therefore the accounts this ?10 million profit turned into a $4.5 million loss ...