Accounting for Business Combinations: A Test for Long-Term Market Memory By Pongprot Chatraphorn Dissertation submitted to the faculty of the Virginia Polytechnic Institute and State University in partial fulfillment of the requirements for the degree of DOCTOR OF PHILOSOPHY In Business Administration with a Concentration in Accounting Dr. John A. Brozovsky, Chair Dr. Anthony J. Amoruso Dr. Robert M. Brown Dr. Frederick M. Richardson Dr. Keying Ye December 19, 2001 Blacksburg, Virginia
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capital. Financial Accounting Foundation Its mission is to “Establish financial accounting and reporting standards, through an independent and open process, resulting in financial reports that provide decision-useful information. Financial Accounting Standards Board The mission of FASB is “to establish and improve standards of financial accounting and reporting for the guidance and education of the public, including issuers, auditors, and users of financial information. Governmental Accounting Standards
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DQ2: What is fund accounting? How does it compare to proprietary accounting? Why is fund accounting necessary? What are the major fund types? DQ3: What are some examples of government and not-for-profit organizations? How do proprietary businesses measure achievement? How do government organizations measure success? DQ4: What is the purpose of CAFR? What are the components of CAFR? Why is the Federal Government not subject to GASB 34? How do government-wide financial statements add information
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to UK accounting standards Name Institutional Affiliation INTRODUCTION International Financial Reporting Standards (IFRS) are principles based on standards and the interpretations implemented by the Board of International Accounting Standards as the global financial reporting framework. IFRS are guidelines and definitions that require to be applied in the preparation of financial statements by the international companies. Before IFRS was referred to as International Accounting Standards
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The creation of the… Committee on Accounting Procedures a) Role: formative era b) history: c) structure: In response to the SEC’s Accounting Series Release No. 4, the American Institute of Accountants (AIA) reorganized its Committee on Accounting Procedure (CAP) in 1939 and increased it from 8 to 22 members, all accounting practitioners except for three academicians. To emphasize its importance and the AIA’s intent to demonstrate leadership, Clem W. Collins, AIA president, was designated
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The International Financial Reporting Standards are a set of accounting standards developed by the International Accounting Standards Board. They are becoming the global standard for the preparation of public company financial statements (AICPA). The IFRS are currently implemented in ninety countries throughout Europe, Asia, and South America, and in coming years, the United States of America may added to the list. JPMorgan Chase, America’s largest bank, has shown hesitation of implementing the judgment-based
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each. The five divisions of the SEC are corporate finance, enforcement, economic and risk analysis, investment management, and trading and markets. The corporate finance division ensures that investors are provided with up to date and accurate financial reporting data of market resources. The enforcement division investigates suspected violations of any activities pertaining to the other four divisions. The economic risk and analysis division analyses aspects of the market and all divisions of the
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ACG 6805 Accounting Theory Fall 2015 Professor: Greg Trompeter Office: 323 BA I Phone: 407.823.2150 Office hours: Tuesday before class; as announced in class; and by appointment. Required texts: Readings available as noted below. • Trueblood cases from Deloitte. Available at: http://www.deloitte.com/view/en_US/us/About/university-relations/Deloitte-Foundation/0ac1264f0b0fb110VgnVCM100000ba42f00aRCRD.htm • FASB codification—password
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Accounting Principles & General Financial Ethical Standards Mark Bullock Acc/291 11-18-2013 John H Olarte Accounting Principles & General Financial Ethical Standards [pic] “Accounting and financial professionals must abide by ethical standards that regulate what kind of business they conduct, who they serve and how they use their skills. Ethical standards are determined largely by professional accounting and finance organizations and the Financial Accounting
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1. What is accounting and what financial statements do they prepare and in what order are the financial statements prepared? Accounting is the language of business. Accountants prepare financial statements in such a manner that they are deemed genuine, true, and accurate. This accuracy helps leadership of the company make sound business decisions. Accountants do journal entries, post them to accounts, make a trial balance, and do an income statement, a statement of retained earnings and finally
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