MasterCard Incorporated Company Profile Publication Date: 17 Jun 2011 www.datamonitor.com Europe, Middle East & Africa 119 Farringdon Road London EC1R 3DA United Kingdom t: +44 20 7551 9000 f: +44 20 7551 9090 e: euroinfo@datamonitor.com Americas 245 5th Avenue 4th Floor New York, NY 10016 USA t: +1 212 686 7400 f: +1 212 686 2626 e: usinfo@datamonitor.com Asia Pacific Level 46 2 Park Street Sydney, NSW 2000 Australia t: +61 2 8705 6900 f: +61 2 8088 7405 e: apinfo@datamonitor.com MasterCard
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branch of Mercy is responsible for its own accounting and financial reporting because although it is owned by a not-for-profit company, ROi is a for-profit company. The accounting cycle for ROi is the same as many other companies; “a methodical set of rules to ensure the accuracy and conformity of financial statements” (Investopedia, 2011). An accounting cycle starts with a transaction occurring between two parties that create documentation, or source documents, showing what needs to take place. ROi’s
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8 IDEAS FOR ACCOUNTING BI SUCCESS Business Intelligence (BI)is a phrase that can mean many things. This white paper is focused on the topic of Business Intelligence for the accounting department. Your accounting department’s BI solution should serve your needs effectively. BI for accounting should be considered successful when the authorized accounting department staff have all the necessary software tools required to see the information in all necessary formats to answer all questions asked in
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business and how accounting can affect my personal life; stressing accounting role in professional ethics. Accounting Principles Accounting principles, known as Generally Accepted Accounting Practices (GAAP) guidelines, which are the procedures and rules that companies must follow when reporting financial data (Cusumano, 2003). Accounting is known as the language of business, which information about an enterprise is communicated. To be successful in a business, accounting is the language that we
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bretton-woods.com) and is a researcher and business adviser who has studied financial services companies and consumer credit in general for over 30 years, with a particular focus on “alternative” credit programs for the last 10 years. Since 1995 he has been actively involved in advising banks seeking to establish their overdraft programs. He has written and published research papers on consumer credit in the United States and the United Kingdom, as well as papers on payments, including general-purpose reloadable
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Chapter 3 Accrual Accounting & Income Short Exercises (10 min.) S 3-1 Millions Sales revenue……………………………………………. 960 Cost of goods sold……………………………………… (270) All other expenses……………………………………… (300) Net income……………………………………………….. $ 390 Beginning cash………………………………………….. $ 105 Collections ($700 − $30)……………………………….. 935 Payments for: inventory………………………………. (370) everything else………………………. (285) Ending cash……………………………………………… $ 385 (10 min
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tAccounting Basics Important Disclaimer Important Note: The text in this chapter is intended to clarify business-related concepts. It is not intended nor can it replace formal legal advice. Before taking any actions relating to your business, always consult your accountant or a business law/tax attorney. The Need for Accounting Every organization needs to maintain good records to track how much money they have, where it came from, and how they spend it. These records are maintained by using
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Data Privacy G.Maruthi What is data privacy? • Protection of personal data • Why do we need protect personal data? – The need to control personal data • • • • Fear of misuse Identity Theft Cases of Fraud Other form of cyber crimes What is Personal Information? • According to the European Directive on Data Protection – Article 2: “Personal Data shall mean any information relating to an identified or identifiable natural person (‘data subject’); an identifiable person is one who can be
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ACCT 212 Week 1 DQ 1 Financial Statements ACCT 212 Week 1 DQ 2 Prepaid Expenses vs. Unearned Revenue ACCT 212 Week 2 DQ 1 Accrual vs. Cash Accounting ACCT 212 Week 2 DQ 2 ACCT 212 Week 3 DQ 1 Ethical Business Decisions ACCT 212 Week 3 DQ 2 Trade Credit – Accounts Payable ACCT 212 Week 4 DQ 1 Inventory Management ACCT 212 Week 4 DQ 2 LIFO ACCT 212 Week 5 DQ 1 Non-current Assets and Related Liabilities ACCT 212 Week 5 DQ 2 Raising Capital (Cash) ACCT 212 Week 6 DQ 1 Stockholders Equity ACCT
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ACCT 212 Week 1 DQ 1 Financial Statements ACCT 212 Week 1 DQ 2 Prepaid Expenses vs. Unearned Revenue ACCT 212 Week 2 DQ 1 Accrual vs. Cash Accounting ACCT 212 Week 2 DQ 2 ACCT 212 Week 3 DQ 1 Ethical Business Decisions ACCT 212 Week 3 DQ 2 Trade Credit – Accounts Payable ACCT 212 Week 4 DQ 1 Inventory Management ACCT 212 Week 4 DQ 2 LIFO ACCT 212 Week 5 DQ 1 Non-current Assets and Related Liabilities ACCT 212 Week 5 DQ 2 Raising Capital (Cash) ACCT 212 Week 6 DQ 1 Stockholders Equity ACCT
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