Accounting Essays

Auditor Preliminary Analytical Procedure
Example essay. Last modified: 24th Apr 2018
Introduction: Auditors are required to prepare the preliminary analytical procedure at the planning as a part of the risk-assessment procedures under ASA 315.6. The definition of preliminary analytical procedure is...

Controllability Principle in Responsibility Accounting
Example essay. Last modified: 24th Apr 2018
Introduction: One underlying concept of the traditional management control system is the responsibility accounting. It is viewed as an important feature because it permits the ease of decentralization in M-form org...

Fair Value Practice: Suitability in Accounting
Example essay. Last modified: 24th Apr 2018
Introduction: Introduction The issue of the use of fair value as a model for financial standards and reporting has been subjected to significant debate and argument since the IASB[1] Framework was first introduced...

Reporting Irregularities in Financial Statements: Case Study
Example essay. Last modified: 24th Apr 2018
Introduction: Nowadays, especially is Bulgaria, people are becoming more and more hungry for money, that is why the word fraud takes part more often in our speech. Fraud is part of criminal law, and it comes when w...

Changes to the Role of the Management Accountant
Example essay. Last modified: 24th Apr 2018
Introduction: Using appropriate academic literature, critically evaluate the argument that the role of the management accountant has changed in recent years from traditional accounting functions to that of a strate...

Accounting Student Internship Report
Example essay. Last modified: 24th Apr 2018
Introduction: Chio Lim Stone Forest (CLSF) was founded in 1985 and it started from a textile centre in Jalan Sultan to the present Wilkie Edge in Sophia road. CLSF is a member of RSM International, the 6th largest ...

Traditional Budgeting in Modern Business
Example essay. Last modified: 24th Apr 2018
Introduction: The essay below is an attempt to analyse the issue of Traditional budgeting and discusses the fact that how now-a-days formal, traditional budgeting does not prove quite apt for modern businesses. To ...

Private Limited Companies Advantages and Disadvantages
Example essay. Last modified: 24th Apr 2018
Introduction: Financial Accounting Is the information to make decisions related to the organizations, it begins with the principles, concepts, and applications of financial accounting. Financial Accounting follows ...

Sensitivity Analysis: Applications and Issues
Example essay. Last modified: 24th Apr 2018
Introduction: For a given linear programming model, finding the optimal solution is of major importance. But it is not the only information available. There is a very good amount of sensitivity information. It is b...

Computerised Accounting Information System Analysis
Example essay. Last modified: 24th Apr 2018
Introduction: The purpose of this report is to discuss how effective the computerized accounting information system will benefit a business that is expanding in expenditure, revenue and other key areas of business....

Principle-agent Problem in Shareholders and Managers
Example essay. Last modified: 24th Apr 2018
Introduction: This essay identifies the principle-agent problem between shareholders and managers. It also overlooks UK’s corporate governance compared to Germany and Japan. Furthermore effectiveness of UK...

Arguments for Regulating Financial Reporting
Example essay. Last modified: 24th Apr 2018
Introduction: Acoording to Leuz and Verrecchia (2000) the accounting literature presents proof that the quality of accounting has economic consequences for e.g. costs of capital , efficiency of capital assignment (...

Role and Significance of Budgetary Control
Example essay. Last modified: 24th Apr 2018
Introduction: Introduction: Enterprise is a complex man-made running coupling system and a contractual association with body; it is very necessary to the business activities of its process and implements control. A...

The Purpose and Objectives of Annual Reports
Example essay. Last modified: 24th Apr 2018
Introduction: The literature review section talks about the background of research being undertaken. It provides an illustration about the importance of the different sections of the annual reports and the qualitat...

Effects of Changing Accounting Standards on Commercial Bank
Example essay. Last modified: 24th Apr 2018
Introduction: Proposed Research Topic: IAS 39 and IFRS 9: the effects of changing accounting standards for financial instruments on the financial assets management of a commercial bank in Chong Qing Background: In...

Independence of Mind Example
Example essay. Last modified: 24th Apr 2018
Introduction: The word of ‘INDEPENDENCE’ is defined as ‘freedom from situations and relationships which make it probable that a reasonable and informed third party would conclude that objectivity ...

Sainsbury's Ratio Analysis
Example essay. Last modified: 24th Apr 2018
Introduction: Accounting and Finance Assignment – Sainsbury’s Ratio Analysis Nowadays, it is important for organizations to know how to survive in the competitive market in which they are involved, mark...

Absorption and Marginal Costing Methods
Example essay. Last modified: 24th Apr 2018
Introduction: Absorption costing treats the costs of all manufacturing components (direct material, direct labour, variable overhead and fixed overhead) as inventoriable or product costs in accordance with generall...

Management Accounting: Information for Decision-making
Example essay. Last modified: 24th Apr 2018
Introduction: Management accounting information should comply with a number of criteria including verifiability, objectivity, timeliness, comparability, reliability, understandability and relevance if it is to be u...

Valuation Methods of Inventories: Advantages & Disadvantages
Example essay. Last modified: 24th Apr 2018
Introduction: The subject of this paper is the valuation of inventories. We have looked at the rules of the International Financial Reporting Standards (IFRS) and Dutch rules. The Dutch rules can be dividend in Tit...

Harmonisation of Accounting Standards
Example essay. Last modified: 24th Apr 2018
Introduction: Accounting Standards are the reliable statements of best accounting practices issued by recognized expert accountancy bodies relating to various aspects of measurements, treatments and disclosures of ...

Impact of the Enron Scandal on Accounting Standards
Example essay. Last modified: 24th Apr 2018
Introduction: Abstract Every firm and its managers are expected to maximize investor returns while complying with regulatory standards, avoiding principal-agent conflicts of interest, and enhancing the reputational...

Accounting Audit: Case Study
Example essay. Last modified: 24th Apr 2018
Introduction: The inventory valuation is done on cost basis, while the NRV (Net realizable value) is 10% below the cost. As per the accounting standards in Australia governed by the AASB, the inventory valuation is...

Methods Used to Evaluate Investment Projects
Example essay. Last modified: 24th Apr 2018
Introduction: Evaluation of the attractiveness of an investment proposal, using methods such as average rate of return, internal rate of return (IRR), net present value (NPV), or payback period. Investment appraisa...

Ethics in Accounting: Financial Reporting Scandals
Example essay. Last modified: 24th Apr 2018
Introduction: Introduction The first thing is character, before money or anything else. – J. P. Morgan Integrity is of utmost importance for a successful career in business and finance in the long run. Some...