Tutorial questions for Topic 6 Reading exercise Read Gaston et al (2010) article “IFRS adoption in Spain and the United Kingdom: Effects on accounting numbers and relevance” and find out the answer for the following questions: Q1 What are the research objectives? (the last 5 paragraphs of section 1) The main purpose of this research is to compare and contrast the quantitative impact of the […]

The Accounting Cycle is a combination of processes that occurs at various periods throughout a designated time period. The time period can be weekly, monthly, quarterly, semi-annually, or annually, based on the needs of the organization or company for which the accounting cycle is being performed for. The cycle consists of ten steps.   The nine steps of Accounting Steps: 1 Step – Collection of […]

1. Scope of Research Forensic Accounting and Financial Criminology 2. Proposed Research The Needs of Good Forensic Accounting Skills in Public Sector Working Environment 3. Research Background Forensic accounting may not be a new field in accounting. However it becomes so important recently and has been an interest to various stakeholders, from the government, investors, and practitioners to regulatory bodies. In public sector, the increment […]

Accounting Treatment of Intangible Asset Draft Pace University ACC692 Summer I By Yigal Rechtman July 30, 2001 Introduction What is the problem? Accounting for intangibles has gained prominence in the past few decades due to changes in the way the business world operates. The technological revolution and in particular, the information age, has brought intangible resources to the fore of the business environment. Businesses ( […]

CHAPTER 3 Questions If the person employs 1 or more individuals for performances of services in the US unless such services or employment are specifically exempt by law. Defined by the common-law relationship of employer/employee If the business has the right to tell a worker how, when, and where to work a person who follows an independent trade, business, or profession. Where they offer their […]

Modern Accounting Systems Marcello F. Pirrelli Introduction to Accounting – ACC 205 Professor: Beher Haski 01 October 2012 Part I: Introduction Over the years, through trial and error, modern accounting systems have changed for both the better and worse. Modern accounting systems fulfill the basic accounting needs while offering increased accuracy in tracking trends, enabling collaboration and giving quick access to data. Computerized solutions offer […]

By and large, fixed assets are the assets that can non be changed to be hard currency easy. Fixed assets are besides called non-current assets. It is the oppose side of current assets. Current assets are besides called liquid assets. Normally, fixed assets are considered as the assets that are can non easy moved. But its clearly definition is that the assets that can be […]

The events that followed had worldwide implications and were analyzed extensively in the media as well as In government circles. Experts pointed their fingers at a number of different reasons that led to the massive fraud in business and accounting practices in the Enron collapse. One theory put forth by Alex Person of the New York Times was that “the focus that analysts, Investors and […]

Abstract WorldCom and Enron scandals should have taught us a lesson or two on investment. Once a company has filled for bankruptcy act, should not be allowed to go worth normal business activities. WorldCom was left to still fair on , and it bought some time forge a scam. The government should have foreseen this problems earlier. How did they manage to publish their financial […]

The accounting equation which we know as Assets equals to Liabilities plus Equity for a sole proprietorship and for a corporation we know it as Assets equals to liabilities plus stockholders & equity. Assets are company owned, liabilities are what company owes and the difference between the both of them is the owner’s equity, these three things are what the companies are measured by in […]