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Cost Accounting

Question: Discuss about the Cost Accounting. Answer:  Introduction Samsung Group established Samsung Electric Industries in 1969 in South Korea. It commenced with electrical appliances like refrigerators, televisions, washing machines, calculators and air conditioners, it soon joined hands with Japanese NEC Corporation to enter into the home appliances market and audiovisual devices. The vision of Samsung is dedicated to developing innovative technologies and efficient processes that create new markets enrich people’s lives and continue to ...

  • Published: 20 Nov, 2017
  • Views: 744

Strategic Information Systems for Software Packages

Question: Discuss about the Strategic Information Systems for Software Packages. Answer: Introduction Accounting is an industry that has its place in a number of different sectors and is applied across all types of businesses in one way or the other. There are a number of services and operations that come under the accounting procedure and the industry has witnessed some of the major revolutions in the past few years. There have been massive developments and changes as per the changes in the technology. The report covers the brief history of the a...

  • Published: 20 Nov, 2017
  • Views: 475

Accounting Information System for Income Statement Return

Question: Describe about the Accounting Information System for Income Statement Return. Answer: 1.0 John Smith is preparing the income statement return for his client for the financial year which ends in 30th June. However, the client pays for advertising on 2nd July and asks to backdate the expense to the preceding financial year. By backdating the deduction (expense for advertisement), the client can reduce their amount of tax payments on an immediate basis. Though it is just a matter of two days between 30th June and 2nd July, but such expenses ...

  • Published: 16 Oct, 2017
  • Views: 548

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: 444

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: 460

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: 479

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: 540

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: 530

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: 500

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: 605

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