...MUSIC B STATISTICAL METHOD A MANAGERIAL USES OF B ACCOUNTING INFO ACC 201 FINANCIAL ACCOUNTING I A AHRS EHRS QHRS Semester 15.0 15.0 15.0 Cumulative 30.0 64.0 30.0 Status Good Standing Status No Academic Honors CRS GEO MUS STA ACC NUM 160 100 291 202 CRS NUM A-S 280 Requested by: Jianan Sun -------------------------------------------Undergraduate Academic Record SCHOOLS ATTENDED Secondary Schools: Xi'an Gaoxin Tangnan High School Higher Education Institutions: Xi'an University of Finance & Econom 08/2009 - 05/2010 Issued to: HOURS 3.0 3.0 3.0 3.0 3.0 QPTS 45.00 84.00 QPTS 3.00 9.00 12.00 9.00 12.00 GPA 3.000 2.800 U N O F F I C I A L Test Scores: -------------------------------------------------------Transfer Credit Applied to 2011 Fall Semester Xi'an University of Finance & Econom 08/2009 - 05/2010 XICN001 FUNDAMENTALS OF COLLEGE C 3.00 NEEDEVAL XICN002 ADVANCED MATHS 1 (ECONOMI 3.00 MA 1--XICN003 INTRODUCTION TO LAW OF EC 3.00 ECO 4--XICN004 MORAL CULTIVATION AND BAS 3.00 GEED2--XICN005 PE (1) 1.00 KHP 1--XICN006 MICRO-ECONOMICS 3.00 ECO 201 XICN007 COLLEGE CHINESE 2.00 GEED1--XICN008 ADVANCED MATHS 2 (ECONOMI 3.00 MA 123 XICN009 MANAGEMENT 3.00 MGT 301 XICN010 MACRO-ECONOMICS 2.00 ECO 202 XICN011 PRINCIPLE OF MARXISM 3.00 GEED2--XICN012 DATABASE APPLICATION 2.00 NEEDEVAL XICN013 PE (2) 1.00 KHP 1--XICN014 OUTLINE OF CHINESE MODERN 2.00 GEED2--Total 34.00 2011 Fall Semester Program: College of Business and Economics Bachelor of Science in Accounting Major: Pre-Accounting...
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...Accounting Cycle Description Paper Team A ACC/340 Accounting Cycle Description Paper The payroll processing cycle is very time consuming and tedious when done manually. Therefore, the ‘Mom and Pop’s Grocery Store’ has elected to integrate its payroll with a computer software program. With this implementation the payroll process will be more efficient and effective. This paper will explain how the payroll processing cycle for ‘Mom and Pop’s Grocery Store’ integrates onto an enterprise-wide accounting information system. An enterprise-wide accounting information system “focuses on the business process of the organization as a whole” (Bagranoff, Simkin, & Stand, 2008, p. 7). Business process reengineering (BPR) is a total re-design of processes used by an organization that are no longer effective or efficient (Braganoff et al, 2008, p. 163). The ‘Mom and Pop’s Grocery Store’ will use BPR to update the old payroll process to the new enterprise-wide AIS system. The Accounting Information System (ASI) is a system that is put in place for a company to maintain its accounting system. The input devices commonly associated with AIS systems include: “standard personal computers or workstations running applications; scanning devices for standardized data entry; electronic communication devices for electronic data interchange (EDI) and e-commerce” (Business Glossary, p. 1, 2005, 2000, 1995, 1987). In addition, many financial systems come with Internet settings...
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...E-Business ACC/340 December 16, 2013 E-Business Introduction William Dillard founded Dillard’s Inc. in 1938 as a small store in his wife’s hometown. Mr. Dillard opened the store after working many summers in the retail industry and college. He also completed the management training course at Sears Roebuck and Company prior to the opening Dillard’s. His first store was located in Austin Texas. Over the years technology has been innovated and transformed how consumers shop. There are several different ways that the e-business can affect Dillard’s Inc., both internally and externally. Dillard’s Inc. has many advantages and disadvantages when dealing with e- business. Dillard’s Inc. is a store that sells clothing and many other household items. Most consumers love to shop whether it is online or in a brick and mortar location. There are advantages, limitations, and risks of using the Internet for the business activities. Advantages One advantage of Dillard’s, being that it is an e-business is that consumers can shop online and not have to leave their home. Another advantage is that it removes location and availability limitations for customers. In store there are hours of operation, which will limit the times when consumers can purchase items. Being an e-business allows consumers to make purchases when and where they like. There are often more products available online than in the store because local stores usually have limited storage. Reducing time and money...
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...E- Business paper Dara Donophan Joyce Williams ACC/340 University of Phoenix The brick and mortar store that was selected that has gone to E-business is Domino’s pizza. This started in 1960 with one store in 1978 the company has opened its 200th store. In 1983 the company has expanded to 1,000 store by 1989 there is 5,000 stores and today there is over 10,000 stores across the nation including 5,000 outside the United States. In 1996 Dominos launch their web site of www.dominospizza.com as of the opening of the website they have the company reaches record sales of $2.8 billion system-wide in 1996. The company is involved in many other adventures such as make a wish foundation, St Jude children’s hospital. As well as NASCAR racing industry. Since the company started the use the new technology such as the Internet of launching their web site and other ways the use of applications, on smart phones they are able generate more business faster than ever. Learning of this type of brick and mortar to the E-Business the advantages, limitations, and the risk of not having the E-Business compare of having the E-Business. The advantages of having this E-Business and still have the brick and mortar store they are able reach more customers. The customers are able to see their Pizza being made with each topping before they place their order. They are able retrieve coupons through their e-mails. The customers are able to adjust their order before they had paid. The customers are...
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...Juliana Martinez ACC/ 340 May 28, 2013 Adrian Lopez Abstract William Dillard who opened a small store in his wife’s hometown founded Dillard’s Inc. in 1938. After working many summers in the store he decided to go to college. He graduated and started to work as a Management trainee in Sears- Roebuck Company. William Dillard worked at Sears for about seven months and then left to open his first store. His first store was located in Austin Texas. During the years technology has been innovated and transformed when it comes to shopping. There are different ways how the E-business can affect Dillard’s Inc. internal and external. Introduction Dillard’s Inc. has many advantages and disadvantages when dealing with E- business. Some advantages can be benefit the workers and the customers. Disadvantages are what also could come into play with the customers and workers. Dillard’s Inc. is a store that sells clothing and more. Everyone loves to shop whether it is for themselves or for other people. Personally, I love to shop. Either if it is online or in store. Sometimes the online doesn’t have the same things as the in store products do. There are advantages, limitations, and risks of using the Internet for the business activities. Advantages Some advantages of Dillard’s, being that it is an E- business is that you can shop online and at the store. One advantage is that it removes location and availability. In store they have hours of operation...
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...The Effects of Technology on the Accounting Profession Robin Bragg ACC/340 July 27, 2015 Professor Samuel Smith The Effects of Technology on the Accounting Profession Once we become accountants, we will know it means that accounting is the language of the business. Through the years with all the changes made in technology for accountants, it has become easier. Technology has improved the bookkeeper’s qualification to clarify the information professionally and successfully. We now can clarify the language of the company that the bookkeeper is the most reliable. Bookkeeping changes through the years When bookkeeping first started with the creation of the abacus to follow the estimations in business the accounting started. They started with an adding machine that helped accountants with mathematical solutions. We came up with the calculator for information accuracy that helped add the big numbers ("The Evolution Of Technology For The Accounting Profession ", 2011). With all the new gadgets to help them calculate the figures they still needed to keep track of the financial information on paper. Twentieth Century At the end of the century came computers and accounting software that changed everything. Pencils, calculators, and ledgers were eliminated with the Microsoft Excel spreadsheet program ("How To Use Microsoft Excel For Accounting", n.d.). With the processor, a bookkeeper can complete mathematical accounting or planning study with more competence...
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...Office Depot Embraces E-Business Lena Herron ACC/340 July 29, 2013 Sara Carpenter Office Depot Embraces E-Business Electronic business (E-Business) is conducting business over the Internet or dedicated proprietary networks (Bagranoff, Simkin & Strand, 2008). E-Business methods allow firms to link their external and internal data processing systems added efficiency and flexibility, to work closer with suppliers and partners, and to improve customer satisfaction. E-Commerce is a subsection of E-Business. E- Commerce involves the process of buying, transferring, or exchanging products, services, and information through computer networks. E-business includes more business processes such as supply chain management, electronic purchasing, processing orders electronically, handling customer service, and cooperating with business associates. One brick-and- mortar business that has changed its business process because of E-Business is Office Depot, which announced its merger with OfficeMax this year. The combined companies online sales in 2011 totaled $6.7 billion representing 41.1% of total office supply company web sales of $16.30 billion, as reported in the 2012 Internet Retailer Top 500 Guide. Office Depot offers office supplies and services through 1,628 worldwide retail stores, a dedicated sales force, catalogs, and global e-commerce operations. Office Depot annual sales are approximately $10.7 billion, they employ about 38,000 associates, and serves...
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...E-Business Paper Julie Prater ACC/340 March 07, 2016 Joyce Williams E-Business Paper Electronic business (e-business) allows businesses to use the Internet to buy and sell merchandise, provide services, and process payments. The ability to shop online offers numerous advantages, limitations, and risks for the average consumer. Traditional brick and mortar establishments have found tremendous growth and sales potential following today’s technological advances. Walmart is an example of a retail chain that has found success and growth potential offering online shopping and services to its consumer. E-Business and Walmart Sam Walton built today’s largest retail chain on one simple strategy: “provide the lowest prices, anytime, anywhere (Walmart, Inc., 2016). Walmart’s first store opened in Rogers, Arkansas in 1962 as a small five and dime retail shop. Walmart became a publicly traded company by the early 1970’s and officially was listed on the New York Stock Exchange. Entering the 1980’s, Walmart’s sales topped $1 billion and computerized point-of-sale systems were installed in stores enabling fast and accurate checkout experiences for its customers (Walmart, Inc., 2016). Walmart launched the largest private satellite communication system in the United States, connecting the company's operations through voice, data and video communication (Walmart, Inc., 2016). In the early 1990’s Walmart entered the...
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...The Effects of Technology on the Accounting Profession Kaishia Johnson ACC/340 April 21, 2014 Judy Thomas The Effects of Technology on the Accounting Profession Accounting Information Systems are defined as a collection of data and processing procedures that create needed information for its users, and exists at the intersection of two important disciplines: (1) accounting and (2) information systems (Bagarnoff, 2008, pg. 1). Knowing and understanding accounting information systems will allow accountants to possess a level of proficiency from using computers and the specialized software required to prepare the necessary financial statements. This paper will describe how information systems are changing the various aspects of the accounting profession. A description of the variety of new technologies and their effect on the accounting process will be also being discussed. Lastly the paper will discuss how these technologies have changed the way tax accounting is performed at Jackson Hewitt. Information systems are changing the various aspects of the accounting profession because it has eliminated the need to create and store enormous stacks of paperwork that has to be kept track of for financial reporting. The effect of accounting technology has been positive for accountants and firms, resulting in financial reports that are constructed faster and contain fewer errors. Information systems are used by accounting firms and departments to store and...
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...Chapter 8 Property Dispositions Questions and Problems for Discussion 1. a. Section 1231 asset. b. Capital asset. c. Section 1231 asset. d. Capital asset. e. Noncapital asset. f. Capital asset. g. Capital asset. h. Section 1231 asset. Application Problems 2. a. $50,000 cost – $37,200 acc. book depr. = $12,800 book basis $50,000 cost– $41,000 acc. book depr. = $9,000 tax basis b. $41,000 tax depr. – $37,200 book depr. = $3,800 excess tax depreciation $3,800 favorable difference × 35% = $1,330 deferred tax liability c. $14,750 amount realized – $12,800 book basis = $1,950 book gain $14,750 amount realized – $9,000 tax basis = $5,750 tax gain d. The $3,800 excess of tax gain over book gain is an unfavorable difference and a reversal of the favorable difference represented by the excess tax depreciation through date of sale. Therefore, this book tax difference results in a $1,330 reduction in the deferred tax liability computed in b. 7. a. Amount realized on sale: Cash $75,000 Purchaser’s note 675,000 $750,000 Adjusted basis (535,000) Gain realized on sale $215,000 b. $215,000 gain recognized. TPW’s tax basis in the note at the end of year equals the note’s $641,250 face value ($675,000 original face value – $33,750 August principal payment). c. $215,000 gain realized ÷ $750,000 contract price = 28.67% gross...
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...credit hours. • A fine of Rs. 200 per day will be charged for late payment of fees. Registration will be considered completed only when all the dues are paid. Students, who fail to pay the dues by Jan. 31, 2005 will not be allowed to attend classes and will be dropped from the semester. • It is mandatory to attend 80% of total contact hours failing which the student will not be allowed to appear in the final exam. |S No |Course Code |Code & Title of Course |Cr Hrs |Pre Requisites/Passed |Mor/Eve |Section | |1 |ACC-160 |Principles of Accounting-II |3 |Principles of Accounting-I | | | |2 |ECO-160 |Macroeconomics |3 |Microeconomics | | | |3 |QTM-160 |Business Statistics |3 |Nil...
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...Syllabus School of Business ACC/340 Version 4 Accounting Information Systems I ACC/340 Schedule 10/10/2013 – 11/07/2013 Campus: Puerto Rico Campus Group ID: BA0913RE 3 Credits 36 Hours Copyright © 2009, 2007, 2005, 2004, 2003, 2001 by University of Phoenix. All rights reserved. Course Description This course is designed to provide accounting students with the proper mix of technical information and real-world applications. Areas of study include fundamental concepts and technologies (what computers can do for business), the Internet, intranets, electronic commerce, information systems development, basic project management principles, decision support systems, and the benefits of computer and human synergy. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Course Materials Bagranoff, N. A., Simkin, M. G., & Strand, C. S. (2008). Core concepts of accounting information systems (10th ed.)....
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...The Effects of Technology on the Accounting Profession ACC/340 The Effects of Technology on the Accounting Profession Advancements in technology have allowed companies, small and large, to keep accurate financial records and eliminate paper entries. Technology has also allowed individuals in the accounting field the ability to interpret the financial information efficiently and effectively. With the introduction of the internet, a company now has the option to expand their business beyond a specific geographic area, and seek new opportunities for expansion around the globe. The introductions of new software programs, which can be designed to meet the specific needs of an industry, assist with the internal operations and profitability. While this new form of conducting business has been beneficial for an organization, it creates new challenges for the accounting field. Technology and Changes in Accounting Over the years technology has continued to provide valuable tools not only to a business, but to individuals who manage the financial aspect of the company. The introduction of the Microsoft Excel program allowed accountants to utilize an electronic spread sheet, eliminating pencil and paper entries as well as minimizing errors. As time advanced software programs such as Quick Books, Microsoft Money, and industry specific programs emerged. For smaller companies it allowed the business owner to have all financial information related to their company at their...
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...Effects of Technology on Accounting Information Systems James King University of Phoenix: ACC/340 Accounting Information Systems I Instructor: Ray Dahmer June 27, 2011 Effects of Technology on Accounting Information Systems The information age and the resulting technological advances have made an impact on every functional area of the accounting industry including auditing, taxation, financial, and managerial accounting (Bagranoff, Simkin, & Norman, 2008). Information systems consist of data input and processing devices, applications, personnel, and procedures, all of which produce information that management uses to make crucial business decisions (Bagranoff, Simkin, & Norman, 2008). This paper contains a discussion of modern accounting information systems and the influence of those systems in the changing landscape of the accounting profession. New Technology and Its Effect on Business The introduction of modern information technology into the accounting profession has produced advances in the industry and in the design of accounting information systems. All but gone are the days of spiral bound ledgers and adding machines. Accounting applications running on computer systems with two-gigahertz processors and gigabytes worth of memory perform accounting tasks in modern organizations. The information generated by modern accounting information systems from the data gathered by the input terminals within the system, informs managers about the situation...
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...Effects of Technology on the Accounting Profession University of Phoenix ACC/340 Accounting Information Systems Effects of Technology on the Accounting Profession Businesses have become more competitive, consumers are more informed, and technology has changed the way the world communicates. Information technology (IT) and the resulting ‘information age’ are continuously impacting every facet of accounting. (Bagranoff, Simkin, & Strand-Norman, 2006) This paper will examine how accounting information systems (AIS) are bringing about changes within the accounting profession. Additionally, a variety of technologies and how they affect accounting practices at Exclusively Yours Salon will be discussed. Accounting Information Systems and the Accounting Profession Today’s business environment is marked by increased competition and the need for better and faster information for decision making. According to Bagranoff, Simkin, and Strand-Norman, 2006: Because IT now captures transactions, AISs can produce financial statements almost in real time. Of course, some of the adjustments that accountants must make to the records are not done minute-by-minute, but a business can certainly track sales and many of its expenses continually. (p. 15) Additionally, large amounts of accounting records are increasingly presented only in an electronic fashion. Companies are reporting their financial outcome quarterly and an increasing number of companies are transferring their financial...
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