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RESPONSIBILITY ACCOUNTING
Responsibility Accounting
Table of Contents
Introduction1
Areas of responsibility accounting2
Importance of Administrative Control2
Types of control3
Guide or directional control3
Selective control3
Control after the action3
Administrative control objectives3
Diagnosing4
Communication4
Motivation4
Steps to Design a System of Financial Control4
Defining the desired results4
Determination of the predictions that guided toward desired outcomes5
Determination of the standards of the predictors based on ...
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BABIES “R” US
Babies “R” Us
Table of Content
Contents
Introduction3
Horizontal Analysis4
Trends Noted4
Changes Noted5
Possible explanations for trends and changes and likely impact5
Vertical Analysis5
Trends Noted5
Notable Changes6
Potential explanations for trends and changes and likely impact6
Ratio Analysis with interpretative points6
a. Current Ratio6
b. Quick Ratio7
Net Working Capital8
Networking Capital Ratio8
Debt to Equity Ratio9
Times Interest Earned Ratio (Interest ...
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HOME DEPOT COST ACCOUNTING
Home Depot Cost Accounting
Abstract
The innovation and advancements in the business organizations these days have tremendously increased the demands of record-keeping, as well. More recent developments reveal strategic cost management (including a value chain analysis) that asserts to align the firm's cost structure with its strategy and ...
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ACCOUNTING STANDARDS BOARDS
Accounting Standards Boards
Accounting Standards Boards
Introduction
The course of the study will focus on the convergence between the two accounting standards boards, International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB). The study will also discuss the historical background between the two boards and the IASB ...
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SARBANES-OXLEY
Sarbanes-Oxley
Sarbanes-Oxley
Introduction
The Sarbanes-Oxley Act of 2002 is a law that provides guidelines for accounting firms. These guidelines are to ensure that accounting firms with responsibility and proper audits of financial statements of the company. The bill was in response to the Enron fiasco. In response to major corporate accounting ...
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COST ACCOUNTING
Cost Accounting
Cost Accounting
Income Statements
Contribution Margin (Variable) Income Statement
For the year ended December 31, 20__
Sales (345,000 × $29.00)
$10,005,000
LESS: TOTAL VARIABLE COSTS:
VARIABLE MFG. COSTS
1960000
VARIABLE SELLING & OPERATING COSTS
414000
2374000
CONTRIBUTION MARGIN
$7,631,000
LESS: TOTAL FIXED COSTS:
FIXED MFG. COSTS
1600000
FIXED SELLING & ADMIN. COSTS
1200000
2800000
NET OPERATING ...
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COST REALLOCATION
Cost Reallocation
Cost Reallocation
Introduction
KCOM group is a British based communication company, previously known as Kingston's Communications. The company is leading provider of information technology services in the united kingdom with it is headquartering at Kingston upon Hull. The company is listed in the London stock exchange and, it has been ...
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FASB
FASB Accounting Standards
FASB Accounting Standards
Analysis of Accounting Policies in FASB
In January 2008, the FASB launched the authentication Phase of its Accounting Standards Codification Project. The Codification uses a consistent structure to display its reorganization of the existing GAAP literature into approximately 90 topics. Current SEC guidance will be organized ...
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ACCOUNTING
Accounting
Paper # 1: Assignment #1 Activity Based Costing
The customer support and distribution costs associated with the three types of customers
Simple strategy cost allocation based on revenues.
Description
Customer Support & Distribution Costs
Department Stores
Specialty Shops
Gift Shops
Total
Activity Level
Activity Level
Activity Level
Revenues
$150,000
$100,000
$250,000
$500,000
Total costs/No of orders places
$40,000
10
90
900
Total costs/No of sales calls
80,000
5
195
800
Total ...
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PROPOSED FUNDING CUTS
Proposed Funding Cuts
Proposed Funding Cuts
Introduction
Medical insurance is only one way people can get coverage for medical care. Governments that want to provide access to health care for all their people, provide social health protection, that is, create a system of affordable insurance or government-funded program that ...