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Accounting for Business

Question:  Discuss about the Accounting for Business.  Answer:  Small Business Analysis On the basis of provided information, the principle ratios of TEDA Ltd are as followed: The Entity’s Earning Ability Return on Assets Ratio This ratio determines the ability of the firm in using assets to generate income. The return on assets ratio is as follow: Return On Assets Net Income 75,000 Average Total Assets (387,500 + 420,675)/2 = 404,088 Ratio 18.56% Profit Margin Rat...

  • Published: 30 Dec, 2017
  • Views: 559

Accounting Balances Data for the Russell Company

Question: Describe about the Accounting Balances Data for the Russell Company . Answer: 1. Given, accounting balances data for the Russell Company as on June 30, 20X5 as compiled in the attached excel sheet under Data heading; the answers to the requirements are as below:   Prepare a budgeted income statement for June 20X5 Income statement refers to the financial statement which records the revenues and expenses of any company for the considered period. It is accrued in nature having captured even some of the non-cashflow incurring events like...

  • Published: 02 Jan, 2018
  • Views: 552

New Trends in Accounting

Question: Discuss about the New Trends in Accounting. Answer:   Introduction  This paper aims at explaining concepts of accounting in relation to theories, measurement of financial accounting, accounting regulation and politics and the standard setting process. It provides a wider scope on how emerging trends and confusing terminologies hindering the disclosure of financial statements can be dealt with. Accounting is a branch of business dealing with identification, measurement and communication of economic information to allow judg...

  • Published: 03 Jan, 2018
  • Views: 1284

Accounting Theory and Current Expenses Issues

Question: Discuss about the Accounting Theory and Current Expenses Issues. Answer: Introduction: The research company Bio-sustainable Feeds (BSF) Ltd., is an Australian company listed at ASX. The company is engaged in research of sustainable aqua-culture feeds. The plant based feed is developed from canola, corn, soya-bean, sunflower, etc. The total R&D cost stood up at $360 million. The target of the company is to make sure that it can create an aqua feed with is less costly. It is always known fact that fish based feed to the fish is costly a...

  • Published: 03 Jan, 2018
  • Views: 523

Environmental Accounting and Supply Chain Management

Question: Discuss about the Environmental Accounting and Supply Chain Management. Answer: Introduction: The development of technology has improved the business operations of small and large business organizations. The advancement in internet and applications helps the organizations to provide quality services to their customers. In the given case study, B Bakery wants to make an investment in accounting software in order to take their business in next level. The company has recently lost some of the key accounts as a result of unable to manufacture s...

  • Published: 03 Jan, 2018
  • Views: 632

Auditing & Assurance Services : Business Elements and Connections

Question: Describe about the Auditing & Assurance Services for Business Elements and Connections. Answer: 1. Discussion onfeatures contribute in rising inherent risk estimation The importance of the Assurance and Auditing services continuously expanding in the recent business connections of the current business elements and henceforth these plays important role during the time spent differentiating the inherent exists inside the association. These particular administrations helps in differentiating the own weaknesses and the strengths of the as...

  • Published: 31 Jan, 2018
  • Views: 619

Auditing Theory and Practice : Audit Plan of M Ltd

Question: Discuss about the Auditing Theory and Practice for Audit Plan of M Ltd. Answer: Preface This report is related to the notification of acceptance of audit assignment of M Ltd who are involved in the manufacturing process and sales and distribution of wine in domestic as well as international market. The company had recently changed their legal status of Public Ltd. Company by getting them listed in ASX. After the enlistment, the company had changed their auditors and assigned us the duty of auditing of the financial accounting rep...

  • Published: 14 Mar, 2018
  • Views: 670

Accounting Information System for Disk4U

Question: Discuss about the Accounting Information System for Disk4U. Answer:  Introduction: Within the study, the description of the investigations that are related to pre-stage development of the accounting information system is described.  The study has been carried out in the context of an organization called Disk4U. Accounting information system can be referred to the system that is being used by an organization or business for gathering, storing, retrieving and processing financial data for making it useful for consultants, anal...

  • Published: 15 Mar, 2018
  • Views: 660

Curriculum of Accounting and Financial Management

Question: Describe about the Curriculum of Accounting and Financial Management. Answer: Executive Summary: This article is to emphasize on the curriculum of accounting and financial management with the sample of Domino’s Pizza to enable us forecasting of future revenue and profit of the company. . The company is spreading over globally with its state of the art technology and distribution network. The company is emerging as a substantial profit making concern to justify its existence in the retail chain market of food industries in the segment o...

  • Published: 23 Mar, 2018
  • Views: 555

Contemporary Issues in Accounting : Brighton Produces

Question: Contemporary Issues in Accounting : Brighton Produces Answer: Introduction The purpose of this report is to compare two companies listed in ASX to see whether it complies with the requirements of the users of financial reports as prescribed in the objective of the Conceptual Framework of Accounting. The report further shows how the conceptual framework includes Prudence is likely to show the disparity in Corporate Reporting. The report further had shown the conceptual framework with reference to the annual reports chosen for Adelaide Brig...

  • Published: 07 Apr, 2018
  • Views: 681

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