Comparison of Goldman Sachs and Close Brothers Annual Report 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…
Accounting Essays
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Conflicts of Interest in Auditing and Consulting How can the provision of consulting and advisory services be consistent with the requirements of auditor independence?
Auditing Regulations in the UK 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 Liabilities 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 Constraints Dr. Goldratt’s ‘Throughput Accounting’ revolutionized the methods by which companies viewed their costs and associated them with profits.
Cash Flow Statements: Indirect Method 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 Accounting 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 Practices Research into comparative accounting is a recent phenomenon and still under great discussion and debate. In fact, Gray’s framework is less than a…
Factors to Consider in Annual Accounts It is sensible to gather opinions from quality newspapers and experts’ comments from the media. As the answer will later explain, the market sentiment…
Factors in Business Cash Budgeting: With Examples The cash flow budget indicates that XYZ can continue trading for the next six months without recourse to additional funding. However improving…
Traditional Costing Method vs ABC In this essay we will discuss the traditional costing method and consider the alternative method offered by Activity Based Costing (ABC) technique.
Activity Based Costing (ABC) Case Study: Exxonmobil This paper presents an assessment of the set up of an activity-based costing (ABC) for Exxon Mobil, a global oil company. The discussion in the paper…
Absorption Costing Vs Marginal Costing | Case Study Absorption costing is a traditional method of inventory costing that traces all manufacturing costs (the variable and the fixed costs of production) to…
Cash Flow Management and Forecasting | Case Study Cash flow management is based on cash flow projections which is different than profit and loss account and, in times of cash shortage, may be…
Efficiency of IT Audit in Corporate Governance The aim of this dissertation is to critically analyse the efficiency of IT audit in the corporate governance among the UK business organizations.
Budgeting as a Performance Management Technique Over the past two decades the pace of competitive change has been occurring at an ever-increasing rate, but the budgetary processes of many…
Fair Value Accounting Vs Historical Cost Accounting The fair value concept is used in many accounting standards such as the IFRS covering certain areas like acquisitions and valuation of securities.
Ratio Analysis for Building Company The housing industry has been facing challenging market conditions since the last few months. However the Chairman of the Group has made the following…
Accounting Ratio to Manipulate Accounting Financial ratios have become part of the process by which investors, financial observers and other stakeholders within the market make their decisions…
Cost Volume Profit (CVP) Analysis Applications It is the purpose of this assignment to examine the appropriateness of applying CPV techniques in business environments, wherein companies produce…
Investment Analysis for Jewellery Business The aim of the report is to provide investors with a snapshot of the current financial position of the company and to draw conclusions in relation…
Conceptual Framework in Accounting Board The focus of this essay is on conceptual frameworks propounded by Accounting Standards Board (ASB), the Financial Accounting Standards Board (FASB)…
Financial Statements Analysis of Competitors When determining the current value of assets and liabilities, it is necessary to consider both their balance sheet value and their liquidity…
Strategic Accounting for Decision Making The introduction of a new section in a ‘mini market’ represents an application of the foregoing whereby the employment of ‘strategic…
Effect of Standard Costing Changes on Firm Operations The overall purpose of this paper and study is to investigate cost or lean accounting within the operations management realm and how its unpredictable…
