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PRINCIPLES OF ACCOUNTING: ACTIVITY BASED COSTING
Principles of Accounting: Activity Based Costing
Activity-based Costing
Commercial companies use activity-based cost management (ABCM) to focus on profitability & revenue growth. ABCM is complete method of costing, budgeting, & managing costs based on activity drivers. It enhances profitability by aiding decision making, increasing activity ...
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CPA REPORT
CPA REPORT
CPA REPORT
The methodology used to determine deferred taxes
There could be following reasons for deferred taxes, if we arrange measures for consolidation:
Differences within the limits of consolidation of investment in subsidiaries
Affecting net income debt consolidation
Elimination of intermediate result
Intercompany distribution of profit
Intercompany loss compensation
Evaluation with the Equity-Method
If ...
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ECONOMICS - ACCOUNTING
Economics - Accounting
Task 1:
Purpose and role of accounting and finance
Accounting as defined by the (CIMA) is the process of "identification, preparation, analysis, measurement, accumulation, correct interpretation and communication of information and knowledge used by the management to plan, control and evaluate within an entity and to ...
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INTRODUCTION TO ACCOUNTING AND FINANCE
INTRODUCTION TO ACCOUNTING AND FINANCE
INTRODUCTION TO ACCOUNTING AND FINANCE
Cash Flow Forecast
For period of January 2012 to December 2012
Month
Jan
Feb
Mar
Apr
May
June
Jul
Aug
Sep
Oct
Nov
Dec
Total
Cash balance at the start of each month #
$0
$86
$40
-$52
-$37
$76
-$44
$43
-$29
$164
$154
$160
Cash in
Sales
$451
$360
$399
$410
$490
$464
$452
$340
$450
$390
$480
$680
$5,366
Investment
$0
$0
$0
$0
$0
$0
$0
$0
$300
$0
$0
$0
$300
$0
Total cash in at end of month
$451
$360
$399
$410
$490
$464
$452
$340
$750
$390
$480
$680
$5,666
Cash out (record expenses when actually paid)
Purchase of Vehicles
$150
$180
$150
$180
$150
$180
$150
$180
$150
$180
$220
$250
$2,120
Showroom Rent
$20
$20
$20
$20
$20
$20
$20
$20
$20
$20
$20
$20
$240
Salaries
$40
$40
$40
$40
$40
$40
$40
$40
$40
$40
$40
$40
$480
Wages
$100
$100
$100
$100
$100
$100
$100
$105
$105
$105
$125
$125
$1,265
VAT
$0
$0
$126
$0
$0
$189
$0
$0
$187
$0
$0
$198
$700
Loan Repayments
$35
$35
$35
$35
$35
$35
$35
$35
$35
$35
$35
$35
$420
Utility Bills
$0
$11
$0
$0
$12
$0
$0
$12
$0
$0
$14
$0
$49
Other ...
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FINANCIAL STATEMENT ANALYZE
Financial Statement Analyze
Financial Statement Analyze
Income statement
The income statement is an accounting document summarizing all the expenses and revenues of the company of the financial year. It is known as the profit and loss statement of the company. (Gowthorpe, 2008)
Income Statement for Fiscal Year 2004
Balance sheet
Balance sheet is the snap shot of the company's financial position. ...
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BOOTS PLC
Boots PLC
Contents
Executive Summary3
Introduction3
Business overview on boots plc6
Analysis of group balance sheet6
Analysis of group income statement9
Analysis of cash flow statement10
Operating activities12
Investment activity12
Financing activity13
Conclusion and recommendations13
Executive Summary:
Alliance Boots is a British chemical and healthcare company, and one of the largest pharmaceutical wholesalers in Europe. Alliance Boots company got ...
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BANKING SYSTEM
Banking System
Banking System
Introduction
Bank is the place where customers feel the sense of safety for their property. In the bank, customers deposit and withdraw their money. Transaction of money also is a part where customer takes shelter of the bank. Now to keep the belief and trust of ...
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INTERPRETATION OF ACCOUNTS & IAS 24
Interpretation of Accounts & IAS 24
Interpretation of Accounts & IAS 24
Introduction
This report deals with the Case study provide for the Connolly Plc, where they have to analyze the performance of another company which they are planning to acquire. This should also be noted that ...
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Hotel Accounting
Table of Content
INTRODUCTION1
DISCUSSION1
Marriott International Inc1
Hilton Worldwide1
Wyndham Worldwide Corporation2
Starwood Hotels & Resorts Worldwide2
FINANCIAL POSITION3
Revenue per Available Room3
Current Ratio3
Net profit %4
Earnings per Share5
Debt per Room5
Owner Equity Per room6
CONCLUSION AND RECOMMENDATION6
REFERENCES7
Hotel Accounting
Introduction
International hotel success is due to the quality and due to the continued expansion and services to the consumer; they ...
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Case 10-3Restructuring Costs
[Name of Instructor]
Case 10-3Restructuring Costs
Bookkeeping under US Generally Accepted Accounting Principles (US GAAP) carries on to advance and in today's world where there is a developing interest for more fantastic transparency and increased administrative examination; the requirement to guarantee the correct elucidating transactions has never been more fantastic. ...