Accounting Essay Examples - Free Research Paper Topics on StudyDriver.com

Discussion of Accounting Policy and its Implications of Leases Finance Essay

ASL capitalized its finance leases at inception at the fair value of the leased asset or lower, at the present value of the minimum lease payments, when there is a transfer of substantially all risks and rewards incidental to ownership of the leased assets to the Group. Capitalized leased assets are depreciated over the shorter of the lease term and the estimated useful life if there is no reasonable certainty that the Group will obtain ownership by the end of […]

Accounting and Discuss the Users of Accounting Finance Essay

a) Define accounting and discuss the users of accounting. The systematic recording, reporting, and analysis of financial transactions of a business. The person in charge of accounting is known as an accountant, and this individual is typically required to follow a set of rules and regulations, such as the Generally Accepted Accounting Principles. Accounting allows a company to analyze the financial performance of the business, and look at statistics such as net profit. There are two kind of groups who […]

Creative Accounting

Literature review on creative accounting: Fair value measurement on property, plant and equipment and investment property 1 – Introduction As Blake and Lunt (2000, p.375) rightly surmise within their work on accounting standards, the term “creative accounting,” was originally coined by the media, and it was particularly prevalent around the time of the Enron financial disaster. It was partially because of the financial collapses of firms like Enron and the major debate that followed these events, that International Accounting Standards […]

An Accounting Case Study Analysis

Accounting The following Report Assess three different scenarios in terms of the question raised, and provide the detailed explanation as required in the questions. The cases deal with the Taxation and accounting in the UAE (Case 1), American Expats Warned against Tax non- Compliance (Case 2) and Emirati Government on Humanitarian Aid (Case 3). Case # 1: RAK Free Zone: Taxation and Accounting in the UAE Tax Laws in the UAE and the sources of Taxable and Non Taxable income […]

Financial Accounting and Procedures Required in a Company

To form a limited firm in the UK, following few documents are needed to send to Companies House for registering it: IN01 application form to enlist a firm which includes One address for the firm’s registered office, Different type of articles, Also pre defined names and address for the directors of the firms, It also includes the statement for the initial and total capital (paid up or un paid) and the initial number of shares that company is going to […]

Islamic Accounting

Question – 01 What distinguishes Islamic accounting and conventional accounting? Briefly discuss the additional objectives of Islamic accounting. Answer – 01 It could be stated that both Islamic accounting as well as conventional accounting are both in the business of providing information to end customers. The main differences lie in the following factors: Objective of providing information Islamic accounting enables users to ensure that Islamic organizations abide by the principles of the Shari’ah in all of its dealings and enables […]

The Accounting Conservatism Principle

In this paper we analyze the relationship between the accounting conservatism principle and the effects of this principle in the Dutch banking sector during the economic crisis. We will focus on several financial institutions and other companies that subsequently performed well or disastrous. The main theme of our research paper is a investigation of economic consequences in the accounting science. We will discuss an accounting principle and then investigate the effects that this principle has on certain economic events. The […]

Human Resource Accounting and Indian Practice

Abstract Traditional acting practice treat expenses incurred on procurement, development, and maintenance of human resource as revenue expenditure and debit this to profit and loss account but now it is being increasingly realized that this expenses are incurred to get future benefit and as such should be capitalized and reflected in the balance sheet. This can only be achieved through introduction and implementation of human resource accounting. The study focuses on how human resource accounting has evolved over the period […]

Standards for Accounting and Review Services

r Answer D is correct because the SSARS requirements do not apply to either the processing of financial data for clients of other CPA firms or to consulting on accounting matters. See AR 100 for these and additional services to which the SSARS do not apply. 54. Statements on Standards for Accounting and Review Services establish standards and procedures for which of the following engagements? a) Assisting in adjusting the books of account for a partnership. b) Reviewing interim financial […]

Harmonization of Accounting Standards

Vol. 2, No. 2 International Business Research Harmonization of Accounting Standards through Internationalization Nikhil Chandra Shil, ACMA (Corresponding Author) Department of Business Administration East West University 43, Mohakhali C/A, Dhaka – 1212, Bangladesh Tel: 9887989(Off. ) ext 253, 01819289589 (M) Dr. Bhagaban Das P. G. Department of Business Management, Fakir Mohan University P. O. : Balasore, Pin. : 756019, Orissa, India E-mail: bhagaban_fm@yahoo. com Alok Kumar Pramanik Department of Commerce, Bhatter College P. O. Dantan, Pin. : 721426, Paschim Medinipur, […]

Accounting Dissertations | Financial Accounting Standards Dissertation

Abstract The Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) are reviewing their guidelines on lease accounting this year. This paper provides background information on the Securities and Exchange Commission (SEC), FASB and IASB including what their role is in accounting. It details the history of lease accounting for them, changes that have occurred since the original guidelines were issued, and why the FASB and IASB are looking to update the current standards. History and Future of […]

Theory of Auditing | Accounting Dissertation

Auditing has been present for years in different stage of development following the evolution of accounting. Starting since the epoch when the records were approved after a public reading, to the era when government’s officials were measured by their honesty. Followed by the times of the industrial revolution were the ownership of companies started separating from management; when owners required more protection of their investments increasing the use of auditors, consequently; to the times were an auditor was always searching […]

Possess “Ethical Behavior” Essay Example for Free at Magic Help

Organizations are to be called ethical should possess “ethical behavior”. Ethical behavior is an outcome of the company’s ideal policies, statements and guidelines. There are three theories which provide a framework for judging the ethical nature of an organization: According to the theory of corporate moral excellence, ethical organization is one that is based on moral values. These moral values guide the behavior of the employees in their daily routine. According to the ethics and stakeholders theory, an ethical organization […]

Different Types of Accounting

In this paper I will compare and contrast different types of accounting. The focus will be on the following types; accrual, cash flow and fund accounting. I aim to show the strength and weakness of each, how entries are made for each, how and if each method handles depreciation, how inventory is accounted for and if there any differences between organizations that use a certain method. Accrual accounting is mostly used by organizations that are for profit. Accounts using this […]

Technology Impact on Accounting Companies

Companies might need to assign individuals with new skills, arrange opportunities for them to continue, and train current employees to operate more analytical services and strategic thinking. For instance, Mauldin & Jenkins, a regional firm in the Southeast, established a Forward and Strategic Thinking Committee in fall 2017. This was done to examine how the new surrounding is going to impact a company of its size and the audit service. While technology leads to more compliance-related tasks and CPAs convert […]

Role of Fair Value Accounting in Barclays Bank

Before starting Research Methods, it is vitally important to understand the real meaning of Research in general. “Research is a planned and methodical approach of finding answers to the questions”?(R Cottrell & J F McKenzie; 2010) It is an organized set of actions and steps which we will follow to achieve our objectives. There are many factors in Research Method which are always done to get the most precise results. Research is a pre-planned method, not a spontaneous approach. It […]

Report on Computer Based Accounting Package

This report details the results of a study commissioned by the Board on 1 November 2010. We were asked to explain how a computer based accounting package is organised, identify the advantages and disadvantages of a computerised package compared to a manual accounting system and to discuss the way in which such a package maintains control over systems. II METHODS The following study procedures were adopted: Review of relevant literatures on computer based accounting and accounting information system III FINDINGS […]

Gul Ahmed Textiles Business Essay Example Pdf

The story of textiles in the subcontinent is the story of Gul Ahmed. The group began trading in textiles in the early 1900’s. With all it’s know-how and experience, the group decided to enter the field of manufacturing and Gul Ahmed Textile Mills Ltd. was incorporated as a private limited company, in the year 1953. In 1972 it was subsequently listed on the Karachi Stock Exchange. Since then the company has been making rapid progress and is one of the […]

Peregrine Financial Group Inc Finance Essay

Peregrine Financial Group inc. known as PFGBest. This company is investing for a long term probability of success for customers, it offering different group of products, technologies and services including futures, forex, futures options, full-service brokerage, precious metals, trader education, and, of course, direct online trading with emphasis the opportunities of lower barrier to entry. This company is one of the largest non-clearing U.S. Futures Commission Merchants, with customers, affiliates and brokerage offices in more than 80 countries. With the […]

Cash Basis Vs Accrual Basis Accounting

Compare and Contrast Cash Basis Accounting and Accrual Basis Accounting The major objectives for business entity are to earn profit. Every company keeps their financial records and prepares their financial reports. There are two main accounting methods which are used to keep recording of the business. They are cash basis accounting (cash method) and accrual basis (accrual method). Either of any method can use in businesses. Company can choose the method which is benefit for them. The cash basis is […]

Custom Dissertations | Accounting Dissertations – Accounting Financial Management

Executive Summary The report exclusively deals with the Accounting and Financial Management. The report has been divided into two broad types. The first part deals with the calculations regarding the payback period, average accounting return and break-even analysis. This part of the report also explains the various aspects of the same. The next half of the report is based on the calculations related with the Horizontal and vertical analysis. Further, it also explains the different patterns and trends present in […]

Conservatism in Tehran Stock Exchange Finance Essay

The aim of this study is to investigate the relationship between accounting conservatism and dividend policy in Tehran Stock Exchange. To do so, a sample of 90 firms is selected to be studied during the period of 2004 to 2011. Basu (1997) model is extended for measuring accounting conservatism. The results show the there is not significant relationship between accounting dividend policy and conservatism in TSE. Key words: accounting conservatism, dividend policy and Tehran Stock Exchange INTRODUCTION Accounting conservatism has […]

How Financial Statement Helps User Finance Essay

Your college-mate, Adam, who studies in an Engineering faculty thinks that preparing the financial statement annually is a waste of time. As an Accounting student, you do not agree with Adam’s opinion. Explain to Adam the purpose of preparing a financial statement. Definition of Financial Statement Nowadays, there are a lot of demands that will be made for its financial statements throughout the existence of a business. Profitability, financial health, as well as success of a particular organization conclude the […]

Issues of Financial Statement Frauds Finance Essay

Frauds using erroneous financial information have straight association with accounting standards. False information is moreover made-up information with no support from authentic projects or relates to accounting standards and codes. Given that the commencement of modification, China has made growth in improving accounting codes. Actually, the designing and accomplishment of accounting codes can manipulate information openness and give increase to the opportunities to generate false information. A ("Journal Ratings List" Australian Business Deans Council) Accounting codes is a very scientific concern. […]

Acc260 Solving Ethical Dilemmas in the Accounting Profession

Final Project: Solving Ethical Dilemmas in the Accounting Profession Laurie Searing ACC/260 July 25, 2010 Hope Piggee Solving Ethical Dilemmas in the Accounting Profession This dilemma in this ethical case is whether or not Daniel Potter (Dan), staff accountant for Baker Greenleaf accounting firm, should report unethical changes his immediate supervisor, Oliver Freeman, made to an audit report. The problem is that a large piece of real estate was valued on the balance sheet at $2 million. Dan had estimated […]

Definition of Surety Company and Bonds Finance Essay

In the construction Industry something is needed to insure the project will be complete within time, within budget and with specifications requirements. The surety bond guarantees that one of the primary parties will fulfill an obligation to an obligee, which in most cases is the completion of contract work as detailed in the contract drawings and specifications within the time frame designated by the owner. To guarantee that the designated work will be completed by the contractor, owners will request […]

A Business Report of Tesco and Walmart Finance Essay

This report aim to evaluate two food retailers under two different account standar GAAP and IFRS and prepare appropriate recommendations to the an investor wishing to invest for maximum capital growth in the longer term. Background Analysis and ratio analysis are employed. 1.Background Analysis 1.1Tesco 1.1.1 Tesco’s History In 1919 Tesco was established in East London by Jack Cohen. The company introduced the brand name Tesco as a tea packets in 1924. 20 years later, Tesco stores was listed on […]

Theoretical Framework and Research Design Research Methodology Finance Essay

Research Methodology A formal and well-defined research methodology is very much crucial to the success of a research study. Most researchers understand that the quality of sampling and subsequent responses plays an integral role in determining the accuracy of the conclusions formed. The study undertaken will require a great deal of information to be extracted from the accounting professionals, thus requiring a great deal of personal and business communication techniques to be used wisely. Furthermore, the research purpose and objectives […]

What is Role of Ministry of Finance Finance Essay

Answer: The Role of ministry of finance is to prepare the yearly government budget, in coordination with the other ministries and public enterprises. Thus the main motive is to collect money in form of tax from the people and then spend it again back on people. This is a kind of process where money is collected from rich and spent on the general public. While the tax money is collected in the government treasury they are mostly spent on public […]

Overview of Fraser and Neave Holdings and Nestle Finance Essay

The chairman and CEO of F&N are two different people. Y.A.M Teng Ku Syarif Bendahara Perlis Syed Badarudin Jamalullail is the F&N’s chairman, while the CEO of the company is Mr Tan Ang Meng. Independent non-executive directors of F&N make up of at least one-third of the board membership. There are 4 independent non-executive directors of 11 board members. All directors are non-executive directors except the CEO. The non-executive directors of F&N are capable, skill and experience. They full of […]

Accounting Essays