Category: Accountancy
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Portfolio of Accounting in the News
The period of financial crisis made specialists of all spheres to deepen into the most problematic issues and develop all possible ways out. The aspects of ethical issues in the accounting field is closely interacted with financial changes in the banking system. Such issue as ethical standards in accounting has always been a subject of…
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CareTech Holding’s Accounting Finance Resources
The principles of costing and business control that may be adopted in CareTech Holding PLC The costing scheme that CareTech has adopted is based on the IFRS standard. According to the Companies Act of 2006, under section 408, the company has to present a comprehensive income statement. Following the regulations, the income statement of the…
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Pork Inn’s Small Business Accounting
Introduction Pork Inn is one of the most popular sausage joints in Ohio. It is located in an upmarket area. Pork inn is a popular place for customers who live pork products, especially young people who come from well to do families. The restaurant is housed at HZ Towers, an ultra-modern green building near the…
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Fastbikes Incorporated’s Managerial Accounting
Introduction FastBikesInc is a company that specializes in the assembling and repair of motorcycles. The company is located in Portland, Oregon. The company is currently facing financial challenges. Managing cash flows at FastBikesInc is paramount to ensure the company does not fall into too little money to sustain the business or too much liquid cash…
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An Thai Coffee Processing Plant’s Accounting
Introduction Thai coffee is a registered coffee processing plant that is located in Vietnam. The company is specialized in the manufacture of roasted coffee, ground coffee, instant coffee, and 3 in 1 milk coffee (Farag 34). The company was established in 1996 and is located in Tieng Hoang and employs up to 1000 workers (Oldroyd…
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Thai-Lay Fashion Co. Ltd.: Financial Accounting Analysis
For any kind or organization working capital is a great factor, without working capital no firm can run properly. So, working capital is known as a key factor for business organization. The goal of working capital management is to manage the firm’s current assets and liability in such way that a satisfactory level of working…
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Accounting Risk and Uncertainty
Introduction In every organization there comes a time that not so easy decisions have to be made. It is at this time that the responsible people in that organization have to consider their steps carefully. Risks and uncertainty form the basis of either failure or success of every business. some risks taking have seen some…
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Accounting: Important Role in Business Decisions
Introduction This paper seeks to define a word or a concept or an object idea in such a way that a reader is able to understand precisely what is meant by the word being defined, analyzed, described, discussed and explained. This paper has chosen to dwell on the word “accounting” by applying several rhetorical strategies…
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The Charter Company’s Accounting Issues
The Charter Company, which is a cable TV service provider, has challenges in maintaining its cash flow and the CEO decided to misrepresent its customer base, incorrectly capitalize costs, and manipulate the billing rates. After making these efforts, the CEO realized that the company was going to miss its projected annual cash flow by almost…
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Strategic Accounting: Capital Asset Pricing Model
Table of Contents Introduction The Capital Asset Pricing Model Assumptions Arguments against CAPM Conclusion References Introduction “Capital Asset Pricing Model”(CAPM) is a model created by Sharpe (1964), Lintner (1965), and Black (1972). According to Bhatnagar (n.d), “CAPM is regarded as being among the basic contributions to the finance area. It assumes that the equilibrium rates…