Financial Reporting Paper

Financial Reporting Paper Financial Reporting Paper Income Statement 30-Jan-12 30-Jan-11 Total Revenue 446,950,000   421,849,000   Cost of Revenue 335,127,000   314,946,000     Gross Profit 111,823,000   106,903,000   Operating Expenses Research Development -   -   Selling General and Administrative 85,265,000   81,361,000   Non Recurring -   -   Others -   -   Total Operating Expenses -   -     Operating Income or Loss 26,558,000   25,542,000   Income from Continuing Operations Total Other Income/Expenses Net 162,000   201,000   Earnings Before Interest And Taxes 26,720,000   25,743,000   Interest Expense 2,322,000   2,205,000   Income Before ...

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Audit Plan

AUDIT PLAN Audit Plan Purpose of audit plan4 Scope of the work4 Internal control5 Assessment of risk6 Understanding the client's business and industry6 References11 Audit Plan An audit is explained as the verification of business's financial statement. An audit is majorly done for the businesses with legal obligation to verify the business financials. Audit is done with opinions of ...

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Assignment 4

Assignment 4 Assignment 4 Q1) Mr. Long an experience employee of Dracca was not only deprived from his responsibilities and salary, but he was also discriminated mainly because of his same sex marriage (Gay marriage) by the newly appointed accounting manager of the firm (Thomson, 2007). As per employment laws particularly retaliation act ...

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Mark Mitton System

Mark Mitton system Mark Mitton system a. The most important improvement achieved over the unitary matrix was based on evolutionary distances. Margaret Dayhoff pioneered this approach in the 1970's. She made an extensive study of the frequencies in which amino acids substitute for each other during evolution. The studies involved carefully aligning ...

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Memorandum

MEMORANDUM Memorandum CONTACT CONSTRUCTION COMPANY MEMORANDUM To: Supervisor From: Project Manager April 15th, 2013 Subject: Job Order Costing Introduction Job Order Costing System serves as an alternate to the company's usual costing system. It provides manager with a helpful tool that aids in making strategic decisions and controls the fixed costs. JOC costing system is especially ...

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Management Accounting

MANAGEMENT ACCOUNTING Management Accounting Management Accounting Overview The financial performance of Heartland Food Corporation shows that the major portion of the company's assets is comprised of liabilities, which is not a good indication for the company as the company's short term and the long term debts are increasing. However, the company's equity seems ...

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Strategic Management Accounting

strategic management accounting Strategic management accounting Strategic management accounting Question 1 Introduction Budgets are tools used for the purpose of planning and control in the business organizations. Budgets are used in business organizations not only for the purpose of monitoring the costs of the organization but also for the purpose of achieving the aims and ...

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Accounting

ACCOUNTING Accounting [Name of the Institute] Accounting Introduction Assets are the products that have worth that can be gauged economically. There are two different types of Assets. Tangible Assets and Intangible Assets. Intangible assets are the assets that does not have any physical existance on the (Lin, 2010) other hand the tangible assets are the ...

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Forensic Audit

Forensic Audit Forensic Accounting Question 1: Define and critically compare the differences between a traditional audit approach and a forensic/fraud audit approach. Traditional Audit Approach Traditional audit approach is concern with the examination and evaluation of the company's financial statements. Traditional Auditing was initially adopted by large corporations due to high cost of ...

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Planning And Control

PLANNING AND CONTROL Planning and Control LEARNING OBJECTIVES After studying this report, the Directors of Peeko Design will be able to: Evaluate the performance of the company Fine out the reasons for the deviation from the budget Understand the importance of flexible budget in forecasting Part A: Budgeted Income Statement for year ending 31st December 2012 Peeko ...

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