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IFRS vs. GAAP
Introduction3
Discussion3
Business combinations4
Inventory Costs4
Long lived Assets5
Intangibles5
Conclusion6
References7
IFRS vs. GAAP
Introduction
This research paper aims to analyze the International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP) in its practicality and usage i.e. application in representing the financial information by comparing both the systems. The basic understanding in terms of comparability ...
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Financial Analysis of a Healthcare Organization
Financial Analysis of a Healthcare Organization
Introduction
Health and social care organizations provide valuable health and diseases related services to the customers. As a new hired manager, it is very important to evaluate the organization's financial strengths through the financial picture of a health care organization. The ...
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Accounting theory
Accounting theory
In accounting terms, operating cash flow refers to the cash generated by the company through its day to day operations. It shows the ability of the company to generate cash through its main operations. While operating cash flow refers to the cash generated, net income refers to the ...
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The Sarbanes-Oxley Act
The Sarbanes-Oxley Act
Introduction
This paper basically has made an attempt to explore the affect made by Sarbanes-Oxley Act which is named as SOX in the study over the quality of information the financial statements are equipped with. This paper has been formulated by taking a much longer post-SOX period. ...
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ORGANIZATIONAL ACCOUNTING
Accounting for Organizations
Accounting for Organizations
Introduction
The relationship among institutions, organizations and accounting need to be analyzed carefully. This relation asks for many questions. There should be an adaptation of rudimentary things without being too susceptible and use of traditional nomenclature. When the word accounting comes, it indicated the ...
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Maven Magazine Company Case Analysis
Maven Magazine Company Case Analysis
Introduction
Ethics in today's world is the most important debate which needs to be implemented in all businesses in order to ensure its bright future prospects. It is therefore the responsibility of Accountants and financial analysts to play their role in the implementation ...
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Revenue Arrangements of Deliverables in Hemo Technology Incorporations
Revenue Arrangements of Deliverables in Hemo Technology Incorporations
Introduction
The objective of this assignment is to identify the accounting treatment of multiple deliverable revenue arrangements in the light of the rules proposed by Financial Accounting Standard Board (FASB) and International Reporting Standards (IFRS). In given ...
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Fair Act Credit Act
[Name of the Institute]Fair Credit Reporting Act
Introduction
The Fair Credit Reporting Act is a United States Federal law. The Fair Credit Act regulates the compilation, distribution and also uses the information of consumer that also includes the credit information of consumer. This act actually based on the Act ...
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ETHICS AND ACCOUNTABILITY
Ethics and accountability
Ethics and accountability
Introduction
It is notable that for society, the accountant role is critical for them. As it is known that accountants plays the role of financial reporters and mediators among capital markets and owe their major responsibilities for the interest of public. The information that is ...
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ACCOUNTING REPORT
Accounting Report
Accounting Report
Purpose and value of capital investment appraisals
Capital investment appraisals are basically capital budgeting techniques used to evaluate the different investment opportunities with a common goal of increasing the accounting profit (Collis et al., 2012). So, in order to evaluate the available different investments, the purpose ...
