I will investigating about two businesses. I will be talking about their ownership, liabilities, main industrial sectors, their core business activities, location, stakeholders, and conflicts of interest. BRIEF DESCRIPTION ABOUT TESCO The tesco I am investigating about is located at Beckton. It is a public limited company that is can sell its shares to the public. This tesco branch has over 150 staff. The reason […]

BT Cashflow Changes. BT Group ( BT ) is the taking UK company supplying landline telecommunication services and equipment. It besides had the nomadic telecommunication concern which was later sold as MMO2. After the sale of nomadic concern, BT ‘s profile has now changed from a growing company to a mature hard currency bring forthing company. A ) Fiscal public presentation The most common nonsubjective […]

SIGNIFICANT DIFFERENCES BETWEEN ACCOUNTING AND OIL AND GAS OPERATIONS AND THE CONVENTIONAL ACCOUNTING FOR MANUFACTURING OR MECHANIZE OPERATION. By Demoore Suleman ———————– Conventional Manufacturing Account 1. Definition: Manufacturing account, the term I use to describe business organizations engaged in the manufacture of goods for sale. These company maintain a manufacturing account. 2. Cost Method: Expenses are the cost of unsold products and are reported as […]

Abstract: This project/essay is broadly based on a research article “The management of accounting number: case study evidence from the ‘crash’ of an airline” by Ann Jorissen and David Otiey (2009 publishing date) and “Earnings quality in ex-post failed firms” by Juan Manuel Garcia Lara, Beatriz Garcia Osma and Evi Neophytou (December 2008 publishing date). Main body is mostly concentrated on the research methods used […]

There are many issues when it comes to ethics and business. In some cases it is quite difficult to understand and in the case of psotstructuralism, this is quite true. Poststructuralism is a sociological thrum relating to ethical values that can easily be used to the wrong end in determining what is ethical and what is not in accounting. It really started out as the […]

LIFO, last-in-first-out and FIFO, first-in-first-out the two most common inventory accounting methods. The choice of the method of inventory accounting by a small business can directly impact its balance sheet, income statement, and statement of cash flows. Not only do companies have to track the number of items sold, but they have to track the cost of each item. These two methods are ways in […]

Activity-based costing emphasizes the demand to obtain a better apprehension of the behaviour of operating expense costs, and therefore ascertains what causes overhead costs and how they relate to merchandises. ABC recognizes that in long tally, most fabrication costs are non fixed, and it seeks to understand the forces that cause overhead costs to alter over clip. ( Colin Drury, 1995 p. 275 ) The […]

With the alterations of Bursa Malaysia Listing Requirement and Malayan Corporate Code Governance from the past few old ages up to twelvemonth 2012, it is going indispensable for the populace listed company to measure the alteration in order to follow with the jurisprudence and ordinance and besides to guarantee sound administration in the organisation. Furthermore, there are non merely alterations in BMSLR and MCCG but […]

The Enron scandal in 2001 had a significant impact in regulating the accounting practice. The scandal is considered by many as the worst example of unethical accounting behavior in the modern business environment. The scandal was not an isolated incident in the era of “loose” accounting principles: Worldcom, Halliburton, Rite-Aid, Adelphia Communications and Xerox were also found guilty of violating generally accepted accounting principles (GAAP) […]

Company introduction KC ACCOUNTANCY CORP is a Southern California CPA firm, found in 2000. The company offers a full range of business and consumer CPA services including financial statements preparation, IRS. FTB. EDD representation, tax return preparation, office computerization, new business start-up, general bookkeeping and tax preparation & planning. Job description During the intern period, I did four main tasks as follow 1. Bookkeeping The […]