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Master of Accounting

Question:Write an essay about the Statoil Company.Answer:Statoil is the largest multinational energy company from Norway and it was established in 1972. The main focus of its business is exploration, development and production of oil and natural gas. Statoil has adopted a more dynamic performance management process and has abolished traditional budgeting since 2005. The management of Statoil has replaced the traditional model of budgeting with an innovative performance management system called “Ambition to Action”.  The Ambition to Action...

  • Published: 04 Aug, 2017
  • Views: 1015

Disney Scoping Report

Questions: 1. What sources of funds are there that Disney can use for the expansion?   2. What are the costs associated with getting capital for the expansion? Answers: As far as financing for a business is concerned, there are 6 sources of finance that enables a business to function in a defined manner. While the online businesses need very little fund to operate, the traditional business enterprises need a substantial investment in the form of capital (Atkinson, 2005). Some of the most common sources of funding or finance sources are; Busi...

  • Published: 09 Aug, 2017
  • Views: 1074

Auditing & Assurance

Question:Students need to support their analysis with references from the text and a minimum of ten (10) suitable, reliable, current and academically acceptable sources – this should include at least 5 peer-reviewed academic journal articles. Academic acceptability of other sources is as advised by the lecturer/tutor.Answer: Introduction: The process of audit procedures for plant and equipment refers to those elements, which are required to be in compliance with the relevant revised as per the accounting standard determining the tangible ite...

  • Published: 10 Aug, 2017
  • Views: 830

Accounting Issues

Question:1. What accounting issues have been addressed in the article?2. In terms of the accounting issue being discussed, what did you agree/disagree with in the article? Provide support for your argument. 3. How does this article relate to theory/theories discussed in the Advanced Accounting unit?  Demonstrate the connection to theories. Answer:1. The major accounting issue that has been addressed in the article “The Big Question of Measurement” is related to the measurement of the long-term investment. Moreover, the other major issu...

  • Published: 10 Aug, 2017
  • Views: 756

Entrepreneurship Designing and Functioning

Question: Discuss about the Entrepreneurship Designing and Functioning. Answer: Introduction Entrepreneurs are usually business persons who are accountable for a specific enterprise along with the risks and advantages related to it. Business plans are the templates used for planning the objectives of a business. It is a document of written statement what the entrepreneur has decided to do. It is the guide of the actions that are to take place during business. It describes the vision of the entrepreneur and the strategy and techniques used for the c...

  • Published: 29 Sep, 2017
  • Views: 673

Accounting Concepts and Principles

Question: Discuss about the Accounting Concepts and Principles. Answer: Introduction The assignment presents the major reasons why international students choose to study Accounting for permanent residence in Australia. Australia is one of the fastest growing and sixth largest countries in the world with strong financial position across the globe. Accounting is one of the core subjects that many aspirants pursue as undergraduate and postgraduate courses to achieve their targets in the professional career (Hawthorne 2015).    &nbs...

  • Published: 29 Sep, 2017
  • Views: 712

Accounting Theory

Question: Discuss about the Accounting Theory. Answer: Introduction Non GAAP reporting can be identified as a standard framework and guidelines for financial accounting under a particular jurisdiction, as in general perceived as accounting standards or standard accounting practice for an entity. The report includes the standards, conventions, and rules that accountants state in accordance for recording and summarizing, later included for preparation of financial statements (Tysiac, 2015). As a general observation, many business entities opt ou...

  • Published: 06 Oct, 2017
  • Views: 700

Accounting Concepts and Principles for the credit card payment

Question: Discuss about the Accounting Concepts and Principles for the credit card payment. Answer: 1.a It is noted that most of the attorneys indicate that they offer the client full credit for the credit card payment and thereby absorb the fees. Whenever a client pays money retainer through the help of credit card they must deposit the money into the IOLTA account. This account is commonly known as Interest on “Lawyer Trust Accounts” and with the inception of the IOLTA account, lawyers who deals with nominal or short term client funds does no...

  • Published: 06 Oct, 2017
  • Views: 602

Contemporary issues in Accounting for the year 2016

Question: Discuss about the Contemporary issues in Accounting for the year 2016. Answer: Introduction This study deals with contemporary issues of accounting for the year 2016. The name of the accounting firm is Collies Accountancy firm mentioned in the assignment. The main purpose of the assignment is to bring out the reason behind increase regulatory activities and complexity of information at the same time (Weil, Schipper and Francis 2013). Senior Partner of the accountancy firm requires detailed client briefing to the potential important clien...

  • Published: 06 Oct, 2017
  • Views: 573

Concepts for Accounting Principles and Skill Shortages

Question: Discuss about the Concepts for Accounting Principles and Skill Shortages. Answer: Introduction In this literature review, it has been tried to identify whether in Australia, the international students prefer to study accounting for getting the scope of permanent residence or to achieve the international degree in accounting. At the same time, the literature review has also identified the gap between the existing literature and the current study. Identifying whether the international students prefer to study accounting in Australia for pe...

  • Published: 11 Oct, 2017
  • Views: 567

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