provisions; financial instruments; leases; employee benefits; income taxes; revenues,; foreign currency transactions etc.;Accounting for mergers and consolidations; IFRS vs GAAP; Financial statement analysis 3. Cost and Management Accounting: Cost concepts; Job-order costing vs process costing;ABC Costing; Marginal costing vs absorption costing: CVP analysis; Relevant costs: special order, make or buy decisions; ROA, residual income and economic value added; Standard costing and variance
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Jonathan Meyer 2/11/14 ACCM 5020 Topical Paper #2: Rules-based vs. Principles-based Accounting Standards Convergence efforts in international accounting and the prevalence of globalization in the world markets has continued to indicate that worldwide financial statement comparability will continue to become more necessary. In light of this, it’s important to determine whether a principles-based or rules-based system would be more appropriate for harmonization. Although most current accounting
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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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JOHN J List of Contents Abstract Introduction Part: 1 Social Relevance of Accounting Information 1.1. Accounting Standards 1.2. Need for Accounting Standards Part 2: Types of Accounting Standards Rules Based Accounting Principle Based Accounting System Part: 3 Comparisons of Principle and Rules Based Accounting Standards Conceptual Framework Flexibility of Rules and Principles International Accounting Platform Comparability of Financial Statements
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Accountancy Jump to: navigation, search Accountancy (profession)[1] or accounting (methodology) is the measurement, statement or provision of assurance about financial information primarily used by managers, investors, tax authorities and other decision makers to make resource allocation decisions within companies, organizations, and public agencies. The terms derive from the use of financial accounts. Accounting is the discipline of measuring, communicating and interpreting financial activity
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Dennis Stanton 3/28/12 Professor Doyon Intermediate Accounting II Writing Assignment 2 Thus far, Intermediate Accounting has been very challenging. However, I do not think any of the topics discussed-to-date have been over my head, and at this point in the semester I am beginning to feel somewhat like an accountant, with a solid, basic know-how in my field of study. My brother recently asked me for my opinion on some loans for his new food business: I was almost giddy
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International Financial Reporting Standards (IFRS): Pros and Cons for Investors by Ray Ball* Sidney Davidson Professor of Accounting Graduate School of Business University of Chicago 5807 S. Woodlawn Ave Chicago, IL 60637 Tel. (773) 834 5941 ray.ball@gsb.uchicago.edu Acknowledgments This paper is based on the PD Leake Lecture delivered on 8 September 2005 at the Institute of Chartered Accountants in England and Wales, which can be accessed at http://www.icaew.co.uk/cbp/index.cfm. It draws
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DRM, FDM, ODI…OMG Which Tool Do I Use? Edward Roske eroske@interrel.com BLOG: LookSmarter.blogspot.com WEBSITE: www.interrel.com TWITTER: ERoske Introduction to EPM Architect: Cheaper…Faster…Better Edward Roske eroske@interrel.com BLOG: LookSmarter.blogspot.com WEBSITE: www.interrel.com TWITTER: ERoske Thinking Outside the Cube: NonFinancial Applications of Oracle Essbase Edward Roske eroske@interrel.com BLOG: LookSmarter.blogspot.com WEBSITE: www.interrel.com TWITTER: ERoske About
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including instructions for authors and subscription information: http://www.tandfonline.com/loi/rabr20 International Financial Reporting Standards (IFRS): pros and cons for investors Ray Ball a a University of Chicago Published online: 28 Feb 2012. To cite this article: Ray Ball (2006) International Financial Reporting Standards (IFRS): pros and cons for investors, Accounting and Business Research, 36:sup1, 5-27, DOI: 10.1080/00014788.2006.9730040 To link to this article: http://dx.doi
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previous meeting, the Board decided to issue the FASB's final Statement on Fair Value Measurements as an IASB Exposure Draft with an Invitation to Comment. The appendices in the FASB document dealing with consequential amendments and references to US GAAP pronouncements will be replaced with proposed consequential amendments and references to IFRSs. The Board further decided that there should be limited changes to the FASB's document. Instead, the Invitation to Comment should discuss any areas where
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