4 “intensive” days Theory, terminology, practical examples Suggested readings: Elliott, Barry; Elliott, Jamie: "Financial Accounting and Reporting", Prentice Hall 2012, 15th edition. Horngren, Bhimani, Datar and Foster: "Management and Cost Accounting." Prentice Hall, 2007, 4th edition. Info What to expect from this course: An introduction to the discipline to prepare you for the proceedings of your Master To learn the “language” of the Business An overview of
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short term, long term, asset management, and profitability. In the short term, Jones Electric liquidity can be measured with the current ratio, quick ratio, and net working capital to total assets. Since the current ratio is always greater than 1.0 that is a good thing since it means current assets are always greater than current liabilities. However, since the current ratio has been dropping from 2004 to 2006, it might be something to keep an eye since the amount of liabilities is increasing quicker
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Equation Assets=Liabilities+Equity Accounts Payable A short term liability that will be paid in the future Accounts Receivable The right to receive cash in the future from customers for good sold or for services performed Assets Economic resources that are expected to benefit the business in the future.Something the business owns or has control of. Audit An examination of a company's financial statements and records Balance Sheet Reports on the assets,liabilities and stockholders
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KAMDAR (Batch 2008-10) Guided By: Prof.R.GANESHAN MAHARASHTRA COSMOPOLITAN EDUCATION SOCIETY’S PAI INTERNATIONAL CENTRE FOR MANAGEMENT EXCELLENCE CAMP PUNE-411001 1 Maharashtra Cosmopolitan Education Society’s PAI International Centre for Management Excellence CERTIFICATE This is to certify that FURKAN Y.KAMDAR student of PAI INTERNATIONAL CENTRE FOR MANAGEMENT EXCELLENCE, Maharashtra Cosmopolitan Education Society, Pune has completed his field work at ULTRA TECH CEMENT LTD on the topic
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How Firms Avoid Losses: Evidence of Use of the Net Deferred Tax Asset Account David Burgstahler* University of Washington Gerhard G. Mueller Endowed Professor in Accounting W. Brooke Elliott University of Washington Michelle Hanlon University of Michigan Business School November 26, 2002 _________________________________________________________________________________ ABSTRACT: This paper investigates whether firms use discretion in accounting for deferred taxes to increase earnings and avoid
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Pricing Strategy 12 5.2 Promotion Strategy 12 5.3 Marketing Programs 12 5.4 Strategic Alliances 13 5.5 Competitive Edge 13 6.0 Sales Forecast 14 Table: Sales Forecast 14 Chart: Sales Monthly 14 Chart: Sales by Year 15 7.0 Management Team 15 7.1 Personnel Plan 16 Table: Personnel 16 8.0 Financial Plan 16 8.0 Financial Plan 16 8.1 Use of Funds 16 Table: Use of Funds 17 8.2 Important Assumptions 17 Table: General Assumptions 17 8.3 Break-even Analysis
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discussion with MML Management was completed. The following memo pertains to the suggested journal entries and notes to the financial statements to address the concerns under IFRS. Loss during the year MML’s loss during the year is a one-time event and not considered an ordinary course of business. However, not enough information was provided to determine whether the loss was dependent on the decisions of the owners. Under the assumption that the loss was not a result of management actions, this
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Signaling Dunkin’ Brands Group, Inc. (DKKN) and Subsidiaries’ Performance and Investment Opportunities Through Financial Statement Analysis Anandita Ade Putri (29112476) Master of Business and Administration, Bandung Institute of Technology ABSTRACT: This paper reviews the financial statement analysis of Dunkin’ Brands Group, Inc. (DKKN) by the year 2012 and 2013, end March 31 in each year. And it reflects the firm’s underlying economic performance or opportunism. The financial statements
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this change occurred? ¤ Accident – is the change real or simply an accident of timing? ¤ Test – what can be done to test our conclusions? What other work should we do? ¤ Implications – what does this change mean? Liquidity crisis? Poor management etc? ¤ Other information – is this consistent with other information? You should not write this out in the answer as this will waste time and will not gain you marks, but the five classes of question should always be at the back of your
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There has been a lot of debate on whether Hyatt or Marriott is the better investment. This report made a valuation of both companies. Because both companies are attractive investments, the report will make a direct comparison to find the company that can offer the best future return on investment. 1. Strategy analysis 2.1 Industry analysis and Companies’ background Currently, hotels make up a giant industry. In 2010, consumers rented out 4.8 million rooms at 51,000 different properties
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