concerned with general rules, concepts and principles that are established with the purpose of governing different fields of financial reporting. Accounting principles are also known as accounting principles and guidelines, these acts as the base on which more complex and critical rules are based. The authority responsible for issuing the accounting standards (i.e. financial accounting standard board) also uses these basic principles to formulate the accounting standards in a more efficient manner
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Course Meeting Day/Time: Monday - 6:00 – 10.00 p.m. Professor Information: Dr. Jones Olajide E-mail: jones.olajide@strayer.edu Phone: 240-217-0141 Welcome, students! I have the privilege of being your Financial Accounting course instructor for this term. I’m excited about the opportunity to get to know you, and I’m looking forward to a happy and productive summer 2014 Quarter. I will always be available to meet with individual student before or after class on Mondays
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You have been named the Chief Financial Officer (CFO) of a two year old company, CUNY Analytics. Financials have been prepared by a bookkeeper. As CFO, you responsible for the preparation of accurate financials, analysis and review of the financials before they are released and communication of the results of your company to banks, investors, creditors and the government, as necessary. Please complete the following: a. What are the four major financial statements and, in depth, discuss their
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What is annual report? A company’s annual report encapsulates the performance of a company over a specific period, usually a year. In India, the financial years starts on 1st April and ends on 31st March. Annual report mainly conveys the data and number and clarifications on how the company did during that particular financial year. Annual reports are mandatory declarations for any company. Most of the people abstain from seeing through the annual report before investing as they perceive studying
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– Tata Motors Financial Statements Identification Activity Required: Working within your assigned group, identify the following items in the Ford and Tata’s financial reports. Answer each of the following questions and identify where in the financial report (which statement, footnote, etc.) you located it and the specific page number. Take your time in completing this process, as the objective of the assignment is to familiarize you with the specific set of accounting statements you will be using
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discussed how accounting is a strong part of a company. Through research, this paper states the many parts of accounting such as the four basic financial statements and the purpose of accounting. Business is restricted to processes and reports to make decision making with accurate information through the accounting practices of bookkeepers. Through analysis, the following paper, describes a small glimpse of the accounting process and how they relate to each other. Purpose of Accounting The purpose
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of the financial plan for 2001, (2) declaration of the quarterly dividend, and (3) adoption of an incentive compensation plan for the marketing manager. The student’s task is to evaluate the past and prospective financial performance of the company and to critique its liberal credit and inventory policies. The objectives of the case are to: • Introduce and exercise tools and concepts of financial-statement analysis (including financial ratios, break-even analysis, and cash-flow statements). • Explore
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to elect directors (though some companies combine the annual report and the 10-K into one document). The 10-K includes information such as company history, organizational structure, executive compensation, equity, subsidiaries, and audited financial statements, among other information. Form 10-KSB: Similar to the SEC Form 10-K, the Form 10-KSB contains crucial information for investors researching potential investments. This is especially true with the companies that file the Form 10-KSB since the
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Table of Contents 1.0 Introduction 4 2.0 Methodology 4 3.0 Non-Financial Information 4 3.1 SWOT Analysis 5 3.2 Porter’s 5 forces model 5 3.2.1 Fig 1 Porter's five forces Model 6 3.3 Corporate Social Responsibility 7 4.0 Financial Information 7 4.1 Directors’ Report 9 4.2 Auditors’ Report 9 4.2.1 Understanding Unqualified and Qualified Phrases 10 4.3 Financial Notes 10 5.0 Balance Sheet 11 5.1 Assets 11 5.1.1 Cash and Cash Equivalent 11 5.1.2 Temporary Investments 12 5.1.3 Accounts
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Principles of Accounting: Volume I Principles of Accounting: Volume I Editor-in-Chief: Steve Wainwright Sponsoring Editor: Christina Ganim Director of Editorial Technology: Peter Galuardi Development Editors: Denis Ralling and Dan Moneypenny Assistant Editor: Nick Devine Editorial Assistant: Laura Wilson Media Editor: Kimberly Purcell Composition: Lachina Publishing Services Cover Image: © T-Pool/Stock4B/Corbis ISBN-10: 1-62178-014-7 ISBN-13: 978-1-62178-014-4 Copyright © 2012, Bridgepoint
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