Accounting Essays

Latest Accounting Essays

• Enron and WorldCom ScandalsPublished: Mon, 23 Sep 2019Extract:  I have been hired by the SEC as fraud prevention and detection expert to help create training for SEC employees on the lessons we learned from several financial statement frauds. Financial statement fraud occurs when an employee or a member of an organization intentionally misrepresent their financial condition to create a false impression of their […]
• 1Malaysia Development Berhad ScandalPublished: Mon, 23 Sep 2019Extract: 1Malaysia Development Berhad Scandal 1Malaysia Development Berhad is a Malaysian government run strategic development company. In 2014, it was reported that 1Malaysia Development Berhad had accumulated $11 billion in debt, posing a threat to the Malaysian ringgit. This is when the scandal began to unravel. Since 2015, the Malaysian company has been under investigation for […]
• Financial Statement Analysis of RestaurantPublished: Mon, 23 Sep 2019Extract: Financial Statement Analysis of Cuisine India (Belmont)   Table of Contents Introduction Cuisine India Financial Statement Analysis and Reporting Ratio Analysis 1. Profitability Ratio Analysis a. Gross Profit Margin b. Gross Profit Mark-Up 2. Asset Utilization Ratios Analysis a) Sales/Total assets b) Sales/ Non-Current Assets: – 3. Liquidity Ratio Analysis a) Current Assets/Working capital Ratio Formula: b) Liquidity Assets- Acid Test/ Quick Ratio 4. Gearing/ […]
• Impact of Implementing an Enterprise Resource Planning System At VIVI PLCPublished: Mon, 23 Sep 2019Extract: THE IMPACT OF IMPLEMENTING AN ENTERPRISE RESOURCE PLANNING SYSTEM AT VIVI PLC Table of Contents 1. Introduction 2. What is an ERP System? 3. Supply Chain and Operational Benefits of ERP Systems 3.1 Integrated Systems and Streamlined Business Processes 3.2 Improved Materials Management & Production Planning 3.3 Automation of Processes 3.4 Supplier Integration 3.5 Reduced Inventory Held & […]
• Analysis of the Wells Fargo ScandalPublished: Mon, 23 Sep 2019Extract: Organization Evaluation Paper Expertise Consulting About Us: Expertise Consultancy is one of the nation’s leading service provider firm, based in Los Angeles, California. Our goal is to improvise business strategy of the company to evolve into the finest. We bring the right people together to challenge established thinking and drive transformation. We work with you […]
• Future Developments in Management AccountingPublished: Mon, 23 Sep 2019Extract: Future Developments in Management Accounting   Executive Summary Drivers of change have been taking place over the last 20 years, therefore management accountancy profession have pressure to continue to add value in the organisation. The drivers of change like technology and globalisation have allowed management accounting to play a bigger role in supporting the businesses, […]
• Lobbying Accounting StandardsPublished: Mon, 23 Sep 2019Extract: INTRODUCTION TO LOBBYING Lobbying has long been the most persistent research themes for many years. Since the study by Watts and Zimmerman (1987), the motives of companies to lobby accounting standard setters have been examined in numerous studies. Though most initial study was done from one point of view and usually based on small samples, […]
• Ethical Issues in GP Morgan Chase & Co Investing and Trading OperationsPublished: Mon, 23 Sep 2019Extract: Ethical Issues in GP Morgan Chase & Co Investing and Trading Operations Contents Cover Sheet: Non-Anonymous Marking 1) Weak Management 2) Internal Control Issues 3) Inexperienced & Unqualified Personnel 4) Conflict of Interest 5) Poor Regularity and Corporate Governance 6) Integrity 7) Money Laundering Conclusion and Recommendations Executive summary The aim of this report is […]
• University’s Business Environment and Strategic Management AccountingPublished: Mon, 23 Sep 2019Extract: ADVANCED MANAGEMENT ACCOUNTING GROUP ASSIGNMENT   11 January 2019 Re: University’s business environment and strategic management accounting This report contains a discussion of the changing business environment and its impact on business operations of the University of Auckland based on the trends data gathered and presented by the New Zealand Productivity Commission. The University of […]
• Management Account in the Fourth Industrial RevolutionPublished: Mon, 23 Sep 2019Extract: Management accounting has always been considered important to the social and economic system of every nation, concerning with the identification, measurement and communication of accurate and timely information which allows managers to plan and make decisions. Without any legal or regulatory requirements, managers are free to choose their own content and form of reporting to […]
• Voluntary Adoption of International Financial Reporting Standards | Case StudyPublished: Mon, 23 Sep 2019Extract:   PROPOSAL Title of Master Thesis A voluntary adoption of International Financial Reporting Standards (IFRS): A case study of Small and Medium-sized Enterprises (SME’s) in Germany TABLE OF CONTENTS List of tables………………………………………………i List of figures………………………………………………ii List of Abbreviations…………………………………………iii 1. INTRODUCTION 2. BACKGROUND 3. LITERATURE REVIEW  3.1. SMALL MEDIUM SIZED ENTERPRISES IN GERMANY  3.2. IFRS IN GERMAN SME’s  3.3. […]
• Social and Environmental Accounting and Paris AgreementPublished: Mon, 23 Sep 2019Extract: Introduction Social and environmental accounting (SEA) is an important concept as it connects a company’s business activities with its social and environmental responsibilities. The Paris Accord is a major effort of international collaboration to combat carbon emission and climate change. This essay discusses how SEA could be used to assist governments and companies to achieve […]
• Understanding of Management Accounting SystemsPublished: Mon, 23 Sep 2019Extract: Introduction The understanding and recording of financial information allow the organization to plan, form strategies and reduce errors in the organization. The corporations recruit management & financial accountants to handle the financial data and record them accurately in the books of accountants. Management accountants play a key role in providing detail financial information regarding the […]
• Strategic Financial ManagementPublished: Mon, 23 Sep 2019Extract: Strategic Financial Management  Executive Summary The AYR Co. and its Board of Directors’ have requested useful information about two investment opportunities that are currently available to them, namely; Project Wolf and Project Aspire. To provide this information in a way that is both useful and efficient, this report uses a number of Capital budgeting techniques […]
• International Public Sector Accounting and FinancePublished: Mon, 23 Sep 2019Extract: International Public Sector Accounting and Finance The historic nations such as England, Wales and Scotland, and Northern Ireland comprise the state of United Kingdom. Both present-day parliamentary democracy and Industrial Revolution are belonging to the United Kingdom (BBC News, 2018). In the world, while consider sovereign state the United Kingdom ranks as 78th-biggest sovereign state. […]
• Price Waterhouse Coopers (PWC) Audit Scandal and FraudPublished: Mon, 23 Sep 2019Extract: Price Waterhouse Coopers (PWC) Audit Scandal and Fraud Introduction The Sarbanes-Oxley Act (SOX) is an Act that came into force on the 5th of July 2002 in the United States. The law was created in order to fix the flaws that were prevalent in the auditing of public owned companies (Hoitash, Hoitash & Bedard, 2008). […]
• Chartered Financial Analyst Code of EthicsPublished: Mon, 23 Sep 2019Extract: Abstract As a CFA, a Chartered Financial Analyst, Harry Markham’s profession and designation requires he provide sound investment consulting services to trustees and administrators of a state pension, in conjunction with his employer, Investment Consulting Associates (ICA). The CFA Institute which Harry Markham is a member of, measures the competence and integrity of its members. […]
• Comparison of Goldman Sachs and Close Brothers Annual ReportPublished: Tue, 24 Jul 2018Extract: Goldman Sachs increased its net revenues by 20.6 % in 2005 whereas pre-tax earnings increased by 23.8 % in the corresponding period. This shows that…
• Conflicts of Interest in Auditing and ConsultingPublished: Tue, 24 Jul 2018Extract: How can the provision of consulting and advisory services be consistent with the requirements of auditor independence?
• Auditing Regulations in the UKPublished: Tue, 24 Jul 2018Extract: This paper seeks to evaluate the effectiveness of this regulatory framework in creating an auditing environment that will prevent a repeat of the…
• EU Commission on Auditor LiabilitiesPublished: Tue, 24 Jul 2018Extract: In the UK, there is a rule that liability for misstatement is joint and several between wrongdoers. This often results in auditors taking a much greater…
• Throughput Accounting: Theory of ConstraintsPublished: Tue, 17 Jul 2018Extract: Dr. Goldratt’s ‘Throughput Accounting’ revolutionized the methods by which companies viewed their costs and associated them with profits.
• Cash Flow Statements: Indirect MethodPublished: Tue, 17 Jul 2018Extract: International Accounting Standard 7 (IAS 7) lays down the standards expected by companies when presenting information about changes in cash or…
• Enron Scandal: Impact on AccountingPublished: Tue, 17 Jul 2018Extract: Accounting has been blamed for the losses sustained by Enron, as it allowed the company to hide details of its dealings from its investors, until…
• Cultural Influences on Accounting and Its PracticesPublished: Tue, 17 Jul 2018Extract: Research into comparative accounting is a recent phenomenon and still under great discussion and debate. In fact, Gray’s framework is less than a…