1. Investing 101
Introduction: Investing isnt a get-rich-quick scheme, it takes time and work, and there will be a
learning curve. The rewards will outweigh the effort though. And only you know whats the best
fit for your money, not banks, or bosses, or e
Links to the financial statements-first study sheet I gave you
1. Expenses increase, Assets decrease, N.I./R.E./Equity decrease
Expenses are understated, Assets are overstated, N.I./R.E./Equity overstated
2. Liabilities decrease, Revenues/N.I./R.E./Equity
1. I chose Twitter, Apple, Amazon, Nike, and Coca-Cola. Ive had personal experiences with
all of these companies. I use Twitter, Apple, and Nike on a daily basis. I use Amazon
probably once or twice a week and buy products from them every other week or so
Tariffs are important to prevent free trade and to create revenue for the government.
Tariffs are often imposed to protect domestic industry from cheap imports. I think tariffs are
needed because it keeps industries protected. In the free trade market the
The accounting process involves in recording:
Quantifiable economic event
Non quantifiable economic event
All of them
None of them
In accounting an Economic event is referred to as:
FINANCIAL ACCOUNTING Study Material Prepared By INSTITUTE OF COST AND WORKS ACCOUNTANTS OF INDIA for Junior Accounts Officer(Civil) Examination Conducted By CONTROLLER GENERAL OF ACCOUNTS
1 BASICS OF FINANCIAL ACCOUNING Page No. 1.0 1.1 1.2 1.3 1.4 1.5 1.
Chapter 1 Accounting Information Decision Making
Discuss accounting as the language of business and the role of accounting
information in making economic decisions.
Accounting is the means by which information about an enterprise is communicated
The term Management Accounting is of recent origin. It was first coined by the British
Team of Accountants that visited the U.S.A. under the sponsorship of Anglo-American
SOLIMAN SAID SOLIMAN
ALL RIGHT RESERVED / SOLIM7AN
The Accounting Information System
The system of collecting and processing transaction data to financial information is known as the
accounting information system.
MUKHERJEE & HANIF
MUKHERJEE & HANIF
MODERN ACC. VOL I, 2E
MUKHERJEE AND HANIF
MODERN ACC. VOL I, 2E
MUKHERJEE AND HANIF
ACCOUNTING: FOR CA IPCC EXAM
HANIF & MUKHERJEE
ADV ACCOUNTING: FOR CA IPCC EXM
HANIF & MUKHER
COST ACCOUNTING AND COST MANAGEMENT
1. Refers to the income or benefit sacrificed or foregone when an alternative is selected over another [A]
avoidable cost [B] postponable cost [C] out-of-pocket cost [D] opportunity cost.
2. The following are the f
Evolution: Accounting can be traced back to the evolution of the number
system itself. It has been there in one form or the other, since the human
beings started exchanging things. In ancient times the kings or monarchs
used to maintain treasur
driven by the procedures and cycle of the organization's financial reporting system, management accounting
information is produced too late, too aggregated, and too distorted to be relevant for managers' planning and
control decisions. With increased emph
Topic 5: Accounting for Intangibles
Understand what types of assets can be considered intangible assets and understand the
differences between intangible and tangible assets
Understand when expenditure on intangible assets should be recognised as an asset
In management accounting, cost accounting is that part of management accounting which
establishes budget and actual cost of operations, processes, departments or product and the
analysis of variances, profitability or social use of funds.
MIDTERM DEPARTMENTAL EXAMINATION
1. Financial statements must be prepared at least
d. Every two years
2. The statement of financial position is useful for analyzing all of the followin
TABLE OF CONTENT
Accounting Equation and some specific
I wish to praise almighty ALLAH, the most Merciful, the Beneficent and the HOLY
BAF Cost Accounting Notes
Costing - Meaning
Cost accounting is the process of determining and accumulating the cost of product
or activity. It is a process of accounting for the incurrence and the control of cost. It also
covers classification, analysis,
Unitech International Limited Cost Accounting Information System
COST ACCOUNTING INFORMATION SYSTEM OF UNITECH .
1. INPUT MEASURMENT BASIS.
3. COST ACCUMULATION METHOD.
4. COST FLOW ASSUMPTION.
5. RECORDING INTERVAL CAPABILITY.
From Wikipedia, the free encyclopedia
"Accountancy" redirects here. For the functional constituency in Hong Kong, see Accountancy
Historical cost accounting
Constant purchasing power accounting
E-accounting is the application of online and Internet technologies to the business
accounting function. Similar to e-mail being an electronic version of traditional mail, eaccounting is "electronic enablement" of lawful accounting and traceable accountin
Nature of Management Accounting
Characteristics of Management Accounting:
1. It is a selective technique. It compiles only the data from balance sheet and profit and loss, which is relevant and useful.
2. It is concerned with data not decisions. It can in
XYZ Research Company
Accounting Regulations and Treatment of Patents
You have been hired as a consultant for XYZ Research Co. XYZ Research Co.
incorporated in 2010. XYZ s business centers on develop
A term (or research) paper is primarily a record of intelligent reading in several sources on a
particular subject. The task of writing such is not as formidable as it seems if it is thought out in
advance as a definite procedur
Computerized Accounting System:As the name suggest, in Computerized accounting system ,all the work is done wit h the help of computers . This means that various accounts are made by the compu ters & also the results are also interpreted by the computers.
Difference between straight line and effect interest method of amortization
Straight line method: The fundamental distinctionbetween straight-line amortization
andpowerful investment amortization of security rebateand premium
FAF - Revision 3
1. The following information is give at a manufacturers year end:
Purchases of raw materials
Increase in stocks of raw materials
Decrease in work- in-progress
The Big Tutor
1. BOOKKEEPING & ACCOUNTING
You have been observing since you have been a child, about how your grandparents or
parents would keep a record of their expenses in a diary. You have been receiving pocket