Accounting Essays

Importance Of Profit And Loss Account Accounting Essay
Example essay. Last modified: 1st Jan 2015
Introduction: The Profit and Loss Account is a Financial Statement which summarizes a company’s revenue and expenditure for a specific period of time, usually prepared annually or quarterly. These statements ...

How Accounting information impacts business decisions
Example essay. Last modified: 1st Jan 2015
Introduction: Information of any sort is relevant if it would influence a decision. Accounting information is relevant if it would make a difference in a business decision. For example, when Colorado Group Ltd issu...

An analysis of internal controls
Example essay. Last modified: 1st Jan 2015
Introduction: Internal control as “a process, effected by an entity’s board of directors, management and other personnel, designed to provide reasonable assurance regarding the achievement of objectives...

Ethics in Corporate Finance Earnings Management
Example essay. Last modified: 1st Jan 2015
Introduction: For many years, the ethics of finance has been a concern in the corporate world. With the flexible accounting standards under the Generally Accepted Accounting Principles (GAAP) and International Acco...

A Research Paper on IFRS and Its Implications
Example essay. Last modified: 1st Jan 2015
Introduction: International Financial Reporting Standards (IFRS) is a comprehensive, globally accepted set of accounting standards utilizing a principles-based approach with a greater emphasis on interpretation and...

Contemporary relevance of Porter’s Five Forces to corporate strategy
Example essay. Last modified: 1st Jan 2015
Introduction: Introduction Porter’s Five Forces introduced back in 1979 by Michael E. Porter from Harvard University in his first book “Competitive Strategy”. It becomes international best seller,...

Accounting Essays - Management Accounting
Example essay. Last modified: 1st Jan 2015
Introduction: Current Issues in Management Accounting INTRODUCTION Accounting measures of performance have been the traditional mainstay of quantitative approaches to organizational performance measurement. However...

The two approaches of accounting research
Example essay. Last modified: 1st Jan 2015
Introduction: The positivist approach and the critical approach are the two approaches of accounting research. This article explains the concepts of positivist approach and critical approach, and then explains some...

Important financial information by company to its stakeholders
Example essay. Last modified: 1st Jan 2015
Introduction: Financial statement is a tool that provided important financial information by a company to its stakeholders about whether to invest in that particular company. However, recently, an increased freque...

The History and structure of IASB
Example essay. Last modified: 1st Jan 2015
Introduction: On April 2001, in the needs for international accounting coordination, the International Accounting Standards Board (refer to IASB in the following context) took over its predecessor known as IASC (Bo...

Exploring Ridderstrales aim with the account management system
Example essay. Last modified: 1st Jan 2015
Introduction: Carl-Erik Ridderstrale, president of Kanthal, was motivated to develop a system to measure customer profitability. According to Ridderstrale, “we needed an account management system if we were ...

Not For Profit Organizations Prepare Financial Statement Accounting Essay
Example essay. Last modified: 1st Jan 2015
Introduction: Contributions are the primary revenue to a Not-for-profit organization. Because of the fundamental accounting of NFPO is different with profit-oriented companies, NFPO has its own accounting method fo...

A Budgetary Control Systems Accounting Essay
Example essay. Last modified: 1st Jan 2015
Introduction: I have re-read my last years HNC paperwork and used my current years HND paperwork to help with the various aspects of the report. I used my HNC costing booklets and lecture notes, HND Investment Appr...

The Measurement issues in financial reporting
Example essay. Last modified: 1st Jan 2015
Introduction: As a key aspect of financial reporting, we can say that measurements of business financial position and, also, measurements of business performance have a certain disposition towards most of us, on on...

The career choice
Example essay. Last modified: 1st Jan 2015
Introduction: INTRODUCTION Career choice is a complex phenomenon that can be better appreciated through a study of its key components, i.e. career and choice (Webster’s Dictionary, 1998). Dating back to the...

Four Control Objectives Of Wages System Accounting Essay
Example essay. Last modified: 1st Jan 2015
Introduction: According to Millichamp & Taylor (2008), control objectives of wage system are as follows: To ensure that wages are paid to the existing employees at authorized rates of pay To ensure that wages ...

The Threat To Auditors Independance And Impartiality
Example essay. Last modified: 1st Jan 2015
Introduction: This research is basically to access and analyse the threat to auditor independence and impartiality. This is crucial because the position of an auditor when auditing a financial statement will determ...

There Are Five Golden Rules In Best Corporate Governance Practices Accounting Essay
Example essay. Last modified: 1st Jan 2015
Introduction: Abstract The Corporate governance is the system in which the entire organization’s functional aspects are run.In many cases management runs the firm/industry but it is also the responsibility of...

Content Of Professional Ethics For Accountants Accounting Essay
Example essay. Last modified: 1st Jan 2015
Introduction: Introduction Code of professional conduct for accountants, is the basic content of professional ethics for accountants, which the accountants should follow in the occupation activity and is used to ad...

Financial Accounting Is Subjective Not Objective Accounting Essay
Example essay. Last modified: 1st Jan 2015
Introduction: This essay is to discuss how financial accounting information is objective in a true accounting sense. Some accountants base information on subjectivity. But in the true sense of accounting, accountin...

Internal Control Over Fixed Assets Accounting Essay
Example essay. Last modified: 1st Jan 2015
Introduction: Maintaining control over plant and equipment: subsidiary ledgers Unless internal controls over plant and equipment are carefully designed many units of equipment are likely to be broken, discarded or ...

Examining different accounting forms within Samsung Electronics
Example essay. Last modified: 1st Jan 2015
Introduction: Samsung Electronics Company is a part of the Samsung Group which group was first established in 1969 by the founder of Byumg-chull Lee in Dzegu, South Korea. It is a leading electronics equipment of ...

Budgeting Slack Kills All Benefits Of Budgeting Accounting Essay
Example essay. Last modified: 1st Jan 2015
Introduction: In an organization when a manager is responsible for planning incomes and expenses for the a future period, they can plan income very low and expenses very high so that this amounts gets approved by ...

It is important to diferentiate between capital expenditure and revenue expenditure
Example essay. Last modified: 1st Jan 2015
Introduction: Fixed Asset is last longer and not for resale. For example is premises, motor vehicles, machinery, and fixtures and fittings. Current Asset is liquid and bought for resale. For example is cash in hand...

Posting Journal Entries To Ledger Accounts Accounting Essay
Example essay. Last modified: 1st Jan 2015
Introduction: Analysing the transactions and recording them as journal entries is the first step in all the accounting cycle. It is begins at the starting of an accounting period , continues during the whole peri...