Accounting Sample : Page - 22

Misselling Implications and ConcernsHow and why does financial mis-selling occur? Critically discuss the question making reference to different perspectives and theories. Outline and describe two real world cases of mis-selling [as provided on the module blackboard site or from your own research] and indicate how and why financial mis-selling has developed in these cases. The concept of Misselling is very important in today’s financ...

Factors in planning stages in ERP system1. Support various factors in the planning stages, including but not limited to the importance of planning, key personal including internal and external stakeholders, budget, business processes, business alignment, software, applications, hardware, networks, licensing, and maintenance. In addition include other factors that are necessary during the planning stages, and important discussion points that sh...

Question: Discuss about the Introduction to Accounting for Accounting and Business Economics .   Answer: Introduction: The trial balance, comprehensive income statement and the balance sheet of Jackson and sons have been prepared in the first part. The second part of the report comprised of the analysis of the performance of the two selected companies that is a Tesco and Sainsbury. The analysis has been done using the profitability ra...

Question: Describe and analyse the role of accounting information in a business context.Analyse a set of financial statements including balance sheet, profit and loss accounts and cash flow statements.Demonstrate the relationship between accounting data and financial planning and resource allocation decisions.    Answer: 1.a: In the Books of Weather & Sons Adjustment Trial Balance :- As on 30th June,...

Benefits of the ERP system for Global Bike IncDiscuss the viability and issues in ERP implementation. Global Bike Inc is a multinational corporation headquartered in the US. The brand manufactures bikes, which can be used for racing. It has implemented a ERP Sap processes in its organization which has played an efficient role in its growth. It has been able to coordinate its four main processes which are finance, marketing, human resource...

Management Accounting1. Discuss the importance of management accounting for your selected organisation and differentiate between management accounting and financial accounting. 2. Evaluate different classifications of costs (types, behaviour, function and relevance) with examples. 3. Explain the meaning of variance analysis and discuss the most commonly derived variances, outlining the problems and limitations. 4. Identify different operati...

Balance Sheet cum Income Statement of the Two Companies – AstraZeneca Plc and GlaxoSmithKline Plc from 2011 to 2014Discuss about the Financial Accounting Report for Policy on Stock Prices. The report studies the impact of profitability of the two companies on investor performance indicators selected in this report. The two companies are AstraZeneca Plc and GlaxoSmithKline Plc, which are one of the big non-financial companies. Both o...

Background of undertaking the projectDescribe about the Case Study on management of the NEXT Plc. The aim of this report is to provide the management of the NEXT Plc with information about financial aspects of the investment project, calculations of key quantitative indicators, its analysis and finally an advice on the organizational structure and financing arrangements which the company should adopt it were to undertake such a project. ...

1. Importance of management Accounting1. Discuss the importance of management accounting for your selected organisation and differentiate between management accounting and financial accounting.2. Evaluate different classifications of costs (types, behaviour, function and relevance) with examples.3. Explain the meaning of variance analysis and discuss the most commonly derived variances, outlining the problems and limitations.4. Identify differ...

Audit IndependenceDescribe about audit and non audit services? Non-Audit Services (NAS) provided by an auditor has remained a long standing debate. The services other than audit that is provided by an audit firm to their audit client have always been a hotly debated auditor independence issue. It has been reported that providing NAS results in creating an economic bond between the audit firm and their audit client which can lead to impair...

Definition of Stress in IndividualsDiscuss about the Oxidative Stress In Aquatic Ecosystems? Individuals are always trying to adjust to the environmental demands and changes. Hence, stress is defined as the imbalance between the environmental demands and the capacity of an individual to adapt to the changes in the environment (Engelder, 2014). Selye defines stress as ‘the non-specific neuroendocrine response to the body’. How...

What is Manufacturing Overhead?• Define “manufacturing overhead,” and: Cite three examples of typical costs that would be included in manufacturing overhead. Explain why companies develop predetermined overhead rates. • Explain why the increase in the overhead rate should not have a negative financial impact on Borealis Manufacturing. Explain how Borealis Manufacturing could change its overhead application system to e...

Analysis Discuss about a Report on Digital Forensic Investigation of USB Flash Drive? The aim of the report is to analyze a particular scenario based on digital forensics and the various investigation tools and techniques utilized for forensically analyzing the evidence items found in the particular situation. The scenario involves a crime scene committed by an ex-employee who was selling the organization’s customer details such as bank a...

Background to the British AirwaysExplain how management accounting can supply information to assist the management of an Airline company (for example Easyjet, Emirates airline, British Airways etc) of your choice. British Airways is one of the biggest commercial airlines globally. It is reflected as the countrywide carrier of the UK (United Kingdom)due to its enormous convoy, pair flights as well as term in uses. It is connected to more...

Situational Analysis• Analyse methods of determining the size and structure of markets and of segmenting particular markets. • Evaluate strategies of promoting sales at different sales at different product types and services and identify the interrelationship to broaden company strategies. • Evaluate the extent to which the Internet aids modern working practices. • Demonstrate a critical awareness of the scope of e-comme...

The role of management accountingWrite an essay on Management Accounting? The role of management accounting: The management accounting is necessary for the organization to plan for future needs and goals of the business and it is a method used to analyze a company's financial information. The management accounting helps the organization into several aspects those are following: Before the management, takes any decisions, planning sho...

The Purpose of Management Accounting and Importance of Tools for AVN Plc1. The purpose of management accounting and the relative Importance of using management accounting tools over financial accounting, for furthering company’s growth and profit? 2. Different classification of costs namely on the basis of type, function, behavior and relevance and the implications of the cost classification for pricing? 3. Importance of the cost &ndas...

Assessment of Internal Control RiskDescribe about the Assessment of Audit Risk in respect to the company of Mathra Tool Inc.? Auditing is the procedure of checking of all the accounts book and transactions whether it is stated in Financial Statement properly or not (Gramling, Rittenberg and Johnstone, 2010). It is the procedure of judging financial statements shown (Balance Sheet and Profit & Loss Account) with all the records of ac...

1. Modern management accounting toolsWhile some accountants have described modern management accounting tools and technology as laudable innovations essential for the survival of any organisation in a global competitive business environment (see Johnson, 1994; Hoque and Alam, 1999), others have argued that some of the so called modern management accounting tools and technology are just ‘old wine in new bottles’ (see Ezzamel, 1994; ...

Assessing Internal Control RiskThe engagement partner has requested a meeting tomorrow to discuss audit plan for MTI She has requested several documents for that meeting.1.  A preliminary audit plan assessing internal control risk and providing preliminary judgment for detection risk.2.  A description of specific substantive procedures that could be conducted for the WIP inventory.You are required to justify the audit plan by referri...

Background Information1. Exacta, s.a., is a major French producer, based in Lyon, of precision machine tools. About two-thirds of its output is exported. The majority of these sales are within the European Union. However, the company also has a thriving business in the United States, despite strong competition from several U.S. firms. Exacta usually receives payment for exported goods within two months of the invoice date, so that at any point...

Analysis of Results• What are the user needs for accounting information in the UAE Islamic banks? • Do Islamic banks in the UAE need a corresponding alternative set of Accounting Standards? • Is the Fatwa & Shariah Supervisory Board sufficient to ensure the Islamic banks’ compliance with Shariah in the UAE? • What are the underlying factors that may influence the adoption of AAOIFI Accounting Standards in the UAE ...

What is Strategic Management?Question:Describe about the Strategy Formulation, Strategy Implementation and Risk associated with strategy implementation?To achieve the objectives by implementation, formulation and evaluation of cross-functional decisions, strategic management is used with a well defined art and science. By this definition, we can conclude that, strategic management keeps its light of focus on accounting, development/research, inf...

Flow of eventsDiscuss the differences between John and the Synoptic Gospels? Introduction: From the very beginning of the modern era, doubts have been expressed by scholars regarding everything ranging from the authorship to the purpose of the fourth Gospel. Therefore, these doubts also include the doubts among the scholars regarding the relationship of the gospel of John with synoptic Gospels. The debate regarding this issue has been g...

Objective of the StudyQuestion:Describe about  the Correlation between Activity Based Costing with the Financial Performance of in Case of Small and Medium Sized Enterprises (SME) in United Kingdom?The study investigates the correlation between activity based costing and the improvement of the financial performance of the firm. The impact of activity based costing on the financial performance of the firm has been studied in small and medium...