...(FoBIS) | Teaching Plan 1. | Unit Code &Unit Title: | BA106 INTRODUCTORY ACCOUNTING | 2. | Course of Study: | BACHELOR OF ACCOUNTING AND FINANCE, BACHELOR OF ACCOUNTING, BACHELOR OF FINANCE AND INVESTMENTS | 3. | Year of Study: | 1 | 4. | Year and Semester: | JAN 2015 | 5. | Credit Hour & Contact Hours: | 3 credit hours Lecture: 3Tutorial: 3Practical: | 6. | Lecturer: | SHAKERIN ISMAIL | 7. | Tutor: | SHAKERIN ISMAIL | 8. | Mode of Delivery: | LECTURE, TUTORIAL | 9. | Objective: | This subject would enable the students: 1. To understand and appreciate of the accounting concepts and accounting practice. 2. To prepare the recording process and understand the whole accounting cycle. 3. To possess the technical ability in preparing basic financial statements. | 10. | Learning Outcome: | At the end of the course, students should be able to:Knowledge 1. Distinguish different forms of business and its reporting environment. 2. Explain the accounting principles and the role of accounting reports.Thinking Skills 3. Use accounting equation to analyse the economic effect of a transaction. 4. Use double entry system of accounting to record business transactions.Subject-based Practical Skills 5. Prepare trial balance. 6. Prepare adjusting entries and closing entries. 7. Prepare entry for special journals and subsidiary ledgers. 8. Prepare cash book and petty cash systems. 9. ...
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...Business 1050 – Miller Week 10 Accounting I. Accounting Introduction – When You Add, You Subtract A. Money – means of exchange B. Keeping of accounts – knowing where one stands financially II. Accounting Intro PPT (Canvas) and transparencies (study these on your own) III. Intro to Accounting Lecture A. Definition of accounting B. Accounting Equation Assets = Liabilities + Owners Equity dr↑ cr↓ dr↓ cr↑ dr↓ cr↑ C Asset accounts 1. Current: those expected to be realized/used within 12 months Example: cash, inventory, accounts receivable 2. Long Term: Those assets with long lives Example: buildings, land, patents D Liability accounts: debts 1. Short term: those paid in less than 12 months, e.g. accounts payable 2. Long term: those paid in longer than 12 months, e.g. home mortgage E. Double entry 1. For each transaction, must be two entries – a debit and a credit 2. Debits must equal credits F. T accounts: debits (dr) on the left; credits (cr) on the right IV. Accounting review A Definition B Financial Statements 1 Balance Sheet (BS) (accounting equation) 2 Income (Profit and Loss) Statement (IS) 3 Cash Flow Statement 4 Footnotes 5 Retained earnings (RE) links BS and IS C Accounting cycle V. Pacioli reading A. Father of accounting B. Chapter 1 1. Three things to run a business ...
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...China Major: B.Sc. in Applied Accounting 09/2011-06/2015 Cumulative GPA: 3.64/4.0, Rank 2/40 Coursework: Math: Advanced Mathematics I & II, Linear Algebra, Statistics, Probability & Statistics Accounting: Intro to Accounting, Accounting Principles, Analysis for Financial Accounting, Intermediate Financial Accounting, Cost Accounting, Accounting of Financial Enterprises, Accounting Information System, Tax Law, Auditing, Management Accounting, Financial Accounting, Financial Analysis Eco. & MGMT: Principles of Management, Information Management and Database Technology, Microeconomics, Macroeconomics, Management Information System, Management of Intangible Assets PROFESSIONAL EXPERIECNE Beijing Xinhong Certified Public Accountants Co. Ltd. Beijing, China Accountant Assistant 07/2014-09/2014 Acquired practical knowledge of mergers and acquisitions (M&A), private equity, and merchant banking Utilized financial accounting software to prepare various kinds of journal entries and status reports to analyze company’s current financial condition. Utilized the internet, online databases, industry association company lists, and company’s own proprietary database to identify and profile target companies, private equity group, and corporates. Beijing Yingzhibao Cars Sales Services Limited Beijing, China Accountant Assistant 07/2013-09/2013 Utilized financial accounting software to prepare various kinds of journal entries and status reports to analyze company’s...
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...Contemporary - Control Systems Journal Critique 2 Dr. Carol Sullivan July 3, 2015 The Accounting Competency Crisis within the U.S. By Max Jackson Tell me something... What do Bear Stearns, Swissair, Health South, World Com/MCI INC. Tyco Ltd, Enron and Arthur Anderson all have in common, they all shared one weakness that has killed all companies alike.... the inability and the lack of quickness to spot bad accounting practices and procedures that were in place that lead to their immediate demise. It is because of this bad oversight and bad practices that Corporate America is railing for new talent, only for the talent not to be at the caliber they wanted. Some within Corporate America blame the current education system for not preparing today's "OVER ENTITLED STUDENT" who feel as though they can rightfully command a 6 figure salary as if they were Moses parting the Red Sea, with regards to doing the job they have been hired to do only to do nothing! In my paper, I not only place blame where it needs to be, at both the foot of the Educational System and Corporate America for not doing their part in order to prepare today's students, but I also state from those what can be done to help today's student over come today’s current job disparities within the field of accounting. Intro: In today’s tough job market, companies all across the United States are in a race as if it were a nuclear arms deal in order to find the top talent within the accounting industry. However they...
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...Target India’s in India Fontaenia Finney Devry University International Business Professor James Hess October 11, 2015 Table of Contents * Intro – Page 3 * History- Page 4 * Countries – Page 5 * Stock Exchange and Identifier Listing – Page 5 * Products and Services – Page 5 * SWOT Analysis – Page 6 * Competitors- Page 6-7 * Consumer Demographics- Page 7 * Organization Structure- Page 7 * Strategies- Page 7 * Government Role- Page 8 * Marketing Strategies- Page 8 * Pricing Strategies- Page 8 * Supply Chain- Page 9 * Wages- Page 9 * Business Culture- Page 9-10 * Exchange Rates- Page 10 * Secure Financing- Page 10 * Stock Performance- Page 10-11 * Accounting Practices- Page 11 * Financial Performance- Page 11 INTRO Do you like to go shopping? Have you ever wondered what happened behind closed doors of your favorite shopping place operating an international business? One of my favorite stores is Target India’s. I love Target India’s mainly because of its Hello Kitty products. Now it is time to get to the bottom of it with what is going on inside the international side of Target India’s in India. In the remainder of the reading, you will find the business profile of Target India’s, as well as Target India’s competition, social, and economic factors. You will also gain knowledge of Target India’s marketing, operations, and human resources, as well...
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...INTRO Entrepreneurship is the “process of creating something different with value by devoting the necessary time and effort, assuming the accompanying financial and social risks, and receiving the resulting rewards or monetary and (/or) personal satisfaction” (Hisrich, 1990). This definition is sufficiently broad encompassing the many paths an entrepreneur may take, be it Schumpeterian profit maximisation or the social entrepreneurial desire to create social wealth (Zahra, 2009). The aim of this essay is to analyse some of the personal traits academics believe to be common to established entrepreneurs, in turn discussing how these strengths and weaknesses are applicable to myself. STRENGTH 1: “Innovativeness with the ability to combine resources effectively” Kirzner’s (2008) view of the entrepreneur is that they are “not creators, merely alert” to opportunities which arise around them. This somewhat contradicts the Schumpeter (ian) (1961) ideology that the entrepreneur is a “heroic… daring… captain of industry”. Forming a hybrid between these views, Casson (1982), states that the “entrepreneurs task (is) to discover and exploit opportunities… where products or services can be sold at a greater cost than their cost of production”. Combining the views of Kirzner and Casson describes the entrepreneur as someone who can spot a solution to a problem by using an existing product in a different application to that which it was originally designed. During my studies of engineering...
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...FOUNDATIONS OF BUSINESS THOUGHT Business 1050 – 005 #5947 Fall 2015 Monday Professor: W. Tim Miller Email: wtmiller@echelon-inc.com Text: Foundations of Business Thought, 1st edition, Boardman, Sandomir and Sondak (Gray cover) Outlines, notes, syllabus, handouts, etc., all be handled through Canvas. Bus1050, section 005, will meet Mondays a full 3 hours from 6:00 PM until 9:00 PM in SFEBB 160. We will use Canvas exclusively in this class for syllabus, handouts, notes, etc. Be familiar with Canvas. Foundations of Business Thought will introduce the student to the cultural, historical and philosophical thought surrounding the issues of business and commerce throughout the ages. By examining the words of great authors, we will get a sense of the timeless nature of business and make the observation that the issues currently facing individuals and business have their origins in writings centuries old and from a wide array of cultural and geographic underpinnings. A brief historical trace will be made to connect us to those businessmen and women who pursued many of the same goals we do today. The course will be divided into three semester sections with six functional areas, each followed by an Exam. A lecture outline is posted to Canvas in the week that section is started. Section 1: A. The Fundamentals of Business - We will read many of the classics of literature and philosophy to discern the authors' beliefs about business fundamentals and, in the...
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...CORE CONCEPTS OF Accounting Information Systems Twelfth Edition Mark G. Simkin, Ph.D. Professor Department of Accounting and Information Systems University of Nevada Jacob M. Rose, Ph.D. Professor Department of Accounting and Finance University of New Hampshire Carolyn Strand Norman, Ph.D., CPA Professor Department of Accounting Virginia Commonwealth University JOHN WILEY & SONS, INC. VICE PRESIDENT & PUBLISHER SENIOR ACQUISITIONS EDITOR PROJECT EDITOR ASSOCIATE EDITOR SENIOR EDITORIAL ASSISTANT PRODUCTION MANAGER PRODUCTION EDITOR MARKETING MANAGER CREATIVE DIRECTOR SENIOR DESIGNER PRODUCTION MANAGEMENT SERVICES SENIOR ILLUSTRATION EDITOR PHOTO EDITOR MEDIA EDITOR COVER PHOTO George Hoffman Michael McDonald Brian Kamins Sarah Vernon Jacqueline Kepping Dorothy Sinclair Erin Bascom Karolina Zarychta Harry Nolan Wendy Lai Laserwords Maine Anna Melhorn Elle Wagner Greg Chaput Maciej Frolow/Brand X/Getty Images, Inc. This book was set in 10/12pt Garamond by Laserwords Private Limited, and printed and bound by RR Donnelley/Jefferson City. The cover was printed by RR Donnelley/Jefferson City. This book is printed on acid free paper. Founded in 1807, John Wiley & Sons, Inc. has been a valued source of knowledge and understanding for more than 200 years, helping people around the world meet their needs and fulfill their aspirations. Our company is built on a foundation of principles that include responsibility to the...
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...FACULTV OF AGRICULTURE B. AGRICULTURE 100 Level First Semester 1. Communication in English I 2. Logic Philosophy & Human Existence 3. Physical Chemistry 4. General Biology I (Botany/Zoology) 5. Practical Biology 6. General Physics 7. Mathematics 8. Organic Chemistry I 9. Practical Chemistry Sub-Total Second Semester 10. Communication in English II 11. Nigerian People and Culture 12. Social Sciences 13. Organic Chemistry 14. Biology II 15. Organic Chemistry II 16. Mathematics 17. Practical Physics 18. Use of Library Sub-Total 200 Credits 2 2 2 2 2 2 2 2 2 18 Credits Credits 2 2 2 2 2 2 2 2 1 17 Credits Level 1. 2. 3. 4. 5. 6. 7. 8. First Semester Climatology and Biogeography General Agriculture Anatomy and Physiology of Farm Animals Crop Anatomy, Taxonomy and Physiology Principles of Soil Science Principles of Agricultural Economics Introduction to Forestry Resource Manag~ment Introduction to Biotechnology Sub-Total 8. 9. 10 11. 12. 13. 14. 15. 16. Second Semester Principles of Animal Production Principles of Crop Production Principles of Food Science and Technology Introductory Biochemistry Introduction to Computers Introduction to Fisheries & Wildlife Introductory Statistics Entrepreneurial Studies I Introduction to Home Economics Sub-Total Credits 3 3 2 2 2 2 2 2 18 Credits Credits 2 2 2 2 3 2 2 2 2 19 Credits Total = 37 Credits All courses are core-courses for Agriculture, Fisheries and Forestry. 300 1. 2. 3. 4. 5. 6. 7. 8...
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...Date Range: January 1, 2007 - August 1, 2012 Accounting: Professor | | | | | | | Five-Year Summary of Development Activities Supporting AQ or PQ Status | | Name | Highest Earned Degree & Year | Date of First Appointment to the School | Percent of Time Dedicated to the School's Mission | Acad Qual | Prof Qual | Other | Intell. Contrib. | Prof. Exper. | Consult. | Prof. Develop. | Other Prof. Activities | NormalProfessionalResponsibilities | | | | | | | | | | | | | | Som Bhattacharya | Ph D, 1994 | | 100.0 | YES | | | 12 (5) | Service: 0Work: 0 | 0 | 0 | Editor/Review: 6Other:13 | UG, GR, RES, SER and ADM | Intellectual Contributions (12) Hopwood, W., Bhattacharya, S., Premuroso, R. (2011). Tasteless Tea Company: A Comprehensive Revenue Transaction Cycle Case Study. Issues in Accounting Education, 26(1), 163-179. Cao, J., Nicolaou, A., Bhattacharya, S. (2010). A Longitudinal Study of market and Firm Level Factors Influencing ERP Systems’ Adoption and Post-Implementation System Enhancement Options. 7th Annual International Conference on Enterprise Systems, Accounting, and Logistics. Rhodos: ICESAL. Behara, R., Bhattacharya, S. (2008). DNA of a successful BPO. Journal of Service Science, 1(1), 111-118. Premuroso, R., Bhattacharya, S. (2008). Do Early Members of XBRL International Signal Superior Corporate Governance and Future Operating Performance? International Journal of Accounting Information Systems, 9(1), 1-20. Nicolaou, A....
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...to provide reasonable assurance for that businesses objectives in effectiveness and efficiency, reliability of financial reports and compliance with laws and regulations. Internal controls are used to safeguard businesses assets. They help a to establish guidelines within a business and makes sure that everyone within that business follows those guidelines and procedures. Internal controls are important because without them a business would be more susceptible to fraud. Internal controls are used to prevent people from stealing from a business and to make sure all the rules are followed. Feedback: Internal control is a system of policies and procedures designed to help an organization run more efficiently and effectively. Without strong internal control, an organization is much more susceptible to various forms of risk which can compromise its operations and its financial reporting. What are the four basic purposes of internal control? Give an example of each one. The first purpose of internal controls is to safeguard assets. Internal controls should protect your assets such as cash. One internal control that helps with protection of assets is the segregation of duties, another is sequential numbering of checks or locking checks in a safe place. The second purpose is to ensure financial statement reliability. Internal controls should help ensure that a companys financial statements are correct and reliable. One internal control to help with this is adequate documentation; others...
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...Citation Guide 2 0 1 1 – 1 2 A CA DE M IC YEA R Copyright © 2002–2011 by the President and Fellows of Harvard College. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means without permission of the Harvard Business School. Harvard Business School must reserve the right to make changes at any time affecting policies, fees, curricula, courses, degrees, and programs offered (including the modification or possible elimination of degrees and programs); rules pertaining to conduct or discipline; or any other matters cited in this publication. While every effort has been made to ensure that this publication is accurate and up to date, it may include typographical or other errors. If you have any comments about this guide, please contact rreiser@hbs.edu or infoservices@hbs.edu. Printed November 2011. Table of Contents Citation Conventions About This Guide.............................................................................................................................................. 5 Purpose of Citations .......................................................................................................................................... 5 What to Cite ...................................................................................................................................................... 5 Types of Citations: Footnotes, Source Lines, and Bibliographies .........
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...made by management Y Written Communications Y Auditor Observation Y Written Communications Y Auditor Observation Y D) Oral statements made by management N Answer Terms: Audit evidence Diff: Moderate Objective: LO 1-1 AACSB: Reflective thinking skills Written Communications N Auditor Observation Y 3) Evidence is paramount to audit and attestation engagements. List the four basic types of audit evidence. 4) The criteria by which an auditor evaluates the information under audit may vary with the information being audited. A) True B) False Terms: Criteria which an auditor evaluates information Diff: Easy Objective: LO 1-1 AACSB: Reflective thinking skills 5) The criteria used by an external auditor to evaluate published financial statements are known as generally accepted auditing standards. A) True B) False Answer Terms: Criteria used by external auditor to evaluate...
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...PARSONS 2012–2013 CATALOG ACADEMIC CALENDAR 2012-2013 ABOUT PARSONS PROGRAMS OF STUDY PROGRAM REQUIREMENTS FACULTY ADVISING ACADEMIC POLICIES AND PROCEDURES REGISTRATION FINANCIAL INFORMATION STUDENT LIFE OTHER UNIVERSITY POLICIES ABOUT THE NEW SCHOOL 1 ACADEMIC CALENDAR 2012-2013 FALL 2012 Registration April 2–27 (Registration (Most new for continuing students) students register over the Aug. 20–24 (Registration summer for the fall term) for transfer students and late registration for continuing students) . Classes Begin Mon., Aug. 27 Last Day to Add a Class Mon., Sept. 10 Last Day to Drop a Class Tues., Sept. 18 Last Day to Withdraw From a Class With a Grade of W Undergraduate Fri., Oct. 12 Students Parsons Graduate Fri., Oct. 12 Students All Other Graduate Tues., Dec. 18 Students Holidays Labor Day Sat., Sept. 1–Mon., Sept. 3 weekend: Rosh Hashanah: Sun., Sept. 16 eve*–Mon., Sept. 17 Yom Kippur: Tues., Sept. 25 eve*–Wed., Sept 26 *Sunday and Tuesday classes scheduled for 3:50 p.m. or later do not meet. No classes meet on Monday and Wednesday. See rescheduled days below. Thanksgiving: Wed., Nov. 21–Sun., Nov. 25 Winter Break: Wed., Dec. 19–Fri., Jan. 25 Makeups and On Tuesday, Nov. 20, Rescheduled Days classes will follow the Wednesday schedule. On Tuesday, Dec. 18, daytime classes will not meet. Spring 2013 Registration Nov. 5–30 Juries Arranged by program Classes and Exams End Tues., Dec. 18 Online Session A Aug. 27–Dec. 18 Online Session B Aug. 27–Oct. 26 Online...
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...product or industry segment. For mature industries, researchers have emphasized strengths in operations and execution, with the implication that innovation-oriented companies must enter early in the product lifecycle or not at all. Here we examine the decision of Apple Inc. to enter the mobile handset business. We link the iPhone entry strategy to its historic competencies and the industry context of commodization and convergence. From this we offer conclusions about openness in mobile phones and prospects for a single dominant design for convergence devices. JEL - codes: O30, L16, L1 Entering a Mature Industry Through Innovation: Apple’s iPhone Strategy Submitted to DRUID Summer Conference 2007 February 28, 2007 Abstract Innovation competencies are valuable in emergent and high-growth phases of the lifetime of a given product or industry segment. For mature industries, researchers have emphasized strengths in operations and execution, with the implication that innovation-oriented companies must enter early in the product lifecycle or not at all. Here we examine the decision of Apple Inc. to enter the mobile handset business. We link the iPhone entry strategy to its historic competencies and the industry context of commodization and convergence. From this we offer conclusions about openness in mobile phones and prospects for a single dominant design for convergence devices. Few electronics-based...
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