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NASDAQ Regulatory Requirement

Regulatory authorities play significant role in enforcing accounting rules in their jurisdiction. Some of the most important regulatory authorities are U.S. Securities and Exchange Commission …

Creative Accounting

Why do companies feel they need to manipulate their income? Is it “wrong” for management to maximize the stockholders’ wealth? It’s a common practice all …

Perpetual vs. periodic inventory system

The perpetual inventory system requires the maintenance of records called stock cards that usually offer a running summary of the inventory inflow and outflow. Inventory …

Accounting Practices in Costa Rica

Accounting is big business in Costa Rica, a country in Central America which is about the size of West Virginia (Faddis, 2006). This is due …

Importance of Financial Statements

It is extremely important that companies to maintain financial statements. These companies can be large, medium or large sized operating in either public or private …

Accounting Procedures

There is a need to control the accounting procedures when it comes to bonds and long-term notes. Even though both are methods of acquiring capital …

Broader Role, Wider Career Opportunities

Today’s accountant is as much a business executive as a technician. The whole nature of the work done by the accounting profession has undergone some …

Accounting Measurement

Abstract The accounting measurement bases identified by relevant regulatory authorities shall be critically analyzed in this assignment.  The issue of the additivity problem shall be …

Accounting Manual vs. Computer Accounting Systems

Accounting is importance in every company since it is a tool that is used in making decisions for the company and it’s used to reveal the …

Accounting rules and laws in Puerto Rico

Assuming a retail business is started which deal with sale and repair of furniture, there are various laws which must be adhered to failure to …

Accounting Introduction

Accounting is a language: a language that provides information about the financial position of an organization. When you study accounting you are essentially learning this …

Heartland information breach

Heartland payments system is a company which deals with payment information for quite a lot of companies. The recent information breach which occurred at the …

Accounting information system (AIS)

Introduction Accounting information system (AIS) is a term used to refer to the entire study and practice of accounting with the design, implementation and maintaining …

CEO Optimization

Customer Data: Brett the CEO of flayton electronics learns that the security of its customer data has been compromised and they are faced with tough …

Current Trends in Accounting Information Systems

Introduction Cost and margin measurements may seem “not that important” at first glance when one is looking at a financial report or statement. What appears …

Accounting Information System

“Companies should be held liable for losses sustained in a successful attack made on their AIS by outside sources.” Accounting Information System (AIS) “combines the …

Fair Value Accounting

Introduction The ongoing financial crisis has affected basically every business in the entire globe with prices of goods going up drastically while finance sources continue …

WorldCom Case

WorldCom is one of the major players in telecomuniocation industry in the U.S. It has also gained popularity by undergoing a number of mergers and …

The Collins & Aikman Corporation

Introduction Collins & Aikman Corporation is a manufacturing company specializing and engaged in the engineering manufacture and design of automotive components.  The company has employees …

Key Elements of Occupational Fraud

Accounting fraud is the deliberate manipulation and abuse of the recordings of revenues or expenses with an aim of deceiving the users of financial statements …

Value based costing

Value based costing is the latest form of costing under which not only the figures are taken into account but also the qualitative factors are …

Limited Company Value

HOW SHOULD A LIMITED COMPANY VALUE IS FIXED ASSETS IN ORDER TO BASE INFORMATION THOSE WHO USE ITS FINANCIAL REPORTS. Reports. Definition of terms. Fixed …

Accounting Frauds

The exit of the old and the onset of the new millennium appeared to have put a number of American corporation s on the fraud …

Solving Ethical Dilemmas in the Accounting Profession

Abstract The accounting profession like any other is governed by code ethical principles that determine how decisions are made and actions taken. This is because …

The Viccio & Martin Audit Controversy Case

FACTS Viccio & Martin, an accounting firm tangled up in an audit discrepancy problem with its largest client, Models. Inc. Jane Ashley a newly hired …

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