Accounting Essays

Harmonisation of International Accounting Standards | Essay

Example essay. Published: 13th Jun 2018

In an increasingly global business environment, issues such as how companies account for their relevant financial positions in different jurisdictions gain greater importance. Many companies are inte ...

Harmonisation Problems in South Korea

Example essay. Published: 8th Feb 2020

Table of contents 1 Introduction……………………………………………………….3 ...

Has the accounting profession lost its way?

Example essay. Published: 1st Jan 2015

Introduction If communication uses a language to be able to be understood, business has its own language too and it is known as accounting. Accounting is essential to a business. It is needed to evalu ...

HIH Insurance The failure in corporate governance

Example essay. Published: 1st Jan 2015

In the past few years, the collapse in large public listed companies has raised stakeholders concern about corporate governance, which is a leading issue area for business worldwide. While numerous de ...

Historical cost accounting Advantages and disadvantages

Example essay. Published: 1st Jan 2015

Financial policy and accounting Financial policy is to determines hoe a business is to be financed, whether by equity or preference share capital, and extent to which reliance is to be placed upon lon ...

Historical Cost Accounting: Criticisms and Alternatives

Example essay. Published: 24th Apr 2018

Introduction Accounting is a measurement and communication of financial information about economic activities to interested persons. [1] The primary role of accounting is to provide an effective mea ...

Historical Cost and Fair Value

Example essay. Published: 1st Jan 2015

1.0 INTRODUCTION There have been many discussions and debates concerning use of fair value accounting against use of historical cost accounting. Some prefer fair value whilst some have a preference fo ...

History of Accounting Standards in the UK

Example essay. Published: 13th Jun 2018

Accounting norms and standards, applicable for companies in the UK, emanate from the Companies Act, 1985, amended later by the Companies Act, 1989, and by subsequent statutory instruments. While the ...

History Of The Stewardship Theory Accounting Essay

Example essay. Published: 1st Jan 2015

The stewardship theory holds a different approach from that of the agency theory, it first premise is that, the company serves a large range of social purposes rather than just trying to maximize the ...

How Accounting information impacts business decisions

Example essay. Published: 1st Jan 2015

Information of any sort is relevant if it would influence a decision. Accounting information is relevant if it would make a difference in a business decision. For example, when Colorado Group Ltd issu ...

How Can Accounting Be Used as a Control Mechanism?

Example essay. Published: 8th Feb 2020

Every business uses accounting in their daily basis, almost all transactions that businesses make is registered in the financial records of the business. All this information is very important fo ...

How culture has influenced accounting

Example essay. Published: 1st Jan 2015

Many studies have demonstrated that culture diversity had influenced accounting practice within national and international borders. Accounting can therefore be said to have been influenced by its envi ...

How fall of Enron raised concerns about accounting issues

Example essay. Published: 1st Jan 2015

Enron Corporation of Houston was one of the largest companies in the world. From the start of the 1990s to mid 2000, Enron’s stock price increased from about $7 per share to a peak of $90 per sh ...

How internal and external users benefit from financial information

Example essay. Published: 1st Jan 2015

Nowadays the role of accounting is very important in business because it help the business to grow and expand. Accounting is the process of identifying, measuring, recording and communicating economic ...

How Management Accounting Is Affected By Changes In The Economy And Business Environment Accounting Essay

Example essay. Published: 1st Jan 2015

This assignment shall show how management accounting is affected by changes in the economy and business environment. The advances in information and communication technology upon management accounting ...

How timeliness of audit reports effects financial statements

Example essay. Published: 1st Jan 2015

Introduction One of the important issues affects the timeliness of the financial statements which convey financial information to investors is the timeliness of the audit reports (Dopuch et al., 1986; ...

How To Prevent Another Satyam Like Fraud Accounting Essay

Example essay. Published: 1st Jan 2015

Satyam a leading global business and information Technology Company, delivering consulting, systems integration, and outsourcing solutions to clients in over 20 industries. Satyam Computer Services Lt ...

How to Write an Accounting Essay

Example essay. Published: 13th Jun 2018

When writing a successful accounting essay it is essential that you follow certain processes to help you reach your end goals, whilst at the same time demonstrating that you are comfortable with the ...

Identify different types of cost that an organization would incur

Example essay. Published: 1st Jan 2015

In management accounting there are several ways of classifying the different types of cost. These classifications depend according to the immediate need of management. I have classified different type ...

Impact of Audit Quality of Real Earnings Management

Example essay. Published: 24th Apr 2018

Abstract This study aims to evaluate the influence of audit quality (auditor size and auditor tenure), political connection, and institutional ownership toward real earnings management. Purposive sa ...

Impact of Digitisation on Accounting in New Zealand

Example essay. Published: 8th Feb 2020

Introduction This report focuses on an analysis of current developments and critical issues facing organisations from an Accounting perspective. The impact of digitisation on N ...

Impact of Implementing an Enterprise Resource Planning System At VIVI PLC

Example essay. Published: 23rd Sep 2019

THE IMPACT OF IMPLEMENTING AN ENTERPRISE RESOURCE PLANNING SYSTEM AT VIVI PLC Table of Contents 1. Introduction 2. What is an ERP System? 3. Su ...

Impact of International Accounting Standards on Accounting Quality

Example essay. Published: 3rd Nov 2020

A key objective of the IASB is ...

Impact of the Enron Scandal on Accounting Standards

Example essay. Published: 24th Apr 2018

Abstract Every firm and its managers are expected to maximize investor returns while complying with regulatory standards, avoiding principal-agent conflicts of interest, and enhancing the reputational ...

Impact of the Sarbanes-Oxley Act on Internal Controls

Example essay. Published: 25th Apr 2018

1. Introduction In 2001, Enron reaffirmed that their previous financial report had to revise as accounting errors existed in their computer system. After that, Enron the largest US corporate with asse ...

Impacts of Commercial Pressures on Audit Performance

Example essay. Published: 13th Jun 2018

Given the commercial pressures are Auditors doing a good job? Introduction For two decades the debate has raged regarding whether auditors are performing their tasks adequately, within the bounds of ...

Importance and role of accounting

Example essay. Published: 17th Oct 2016

Accounting 601 assignment Accounting is the management of money and money is an important part of that business. Accounting is mainly preparation of financial statement and involve with transaction, ...

Importance of ‘True and Fair’ View of Financial Statements

Example essay. Published: 25th Apr 2018

Introduction This essay focuses on the definition of the ‘true and fair view’ and how to use in accounting practically. In my opinion, ‘true and fair view’ is essential in the real world of a ...

Importance Of A Fixed Assets Register Accounting Essay

Example essay. Published: 1st Jan 2015

Nigerians generally are not in the practice of keeping proper records of the assets in their custody. We find it difficult to follow up on the depreciations and damages that mandatorily occur to these ...

Importance of Accounting in the Hospitality Industry

Example essay. Published: 25th Apr 2018

Broadly speaking, the process of financial management takes place at two levels. At the individual level, financial management involves tailoring expenses according to the financial resources of an in ...

Importance of Accounting Information in Business Development

Example essay. Published: 24th Apr 2018

Describe how accounting information helps shareholders and lenders to make decisions concerning the operations and performance of the entity. Accounting information can be used by shareholders and l ...

Importance Of Audit Evidence Accounting Essay

Example essay. Published: 1st Jan 2015

According to Companies Act 1965 Section 174, auditor should perform the following duties, Statutory Duties. Auditor should examine and form an opinion whether the financial statements compliance the f ...

Importance of Auditing Financial Statements

Example essay. Published: 8th Feb 2020

1.0  Introduction   This project will discuss the importance of the Audit of Financial Statements. An audit refers a review of the financial statements, financial syst ...

Importance of Auditor Independance

Example essay. Published: 8th Feb 2020

INTRODUCTION Independence has been always a huge concern in the auditing profession. Scandals like the failure of Enron has raised the importance of independence of auditing. According t ...

Importance Of Cost Control In Construction Projects

Example essay. Published: 1st Jan 2015

The purpose of this report is to explain the importance of cost control in construction projects and its function. The Cost Control is an important process in construction project. It is widely practi ...

Importance of Costs in Pricing Strategy

Example essay. Published: 25th Apr 2018

Price of a product is a major element of the marketing mix. Pricing is one of the most important strategic issue because it is related to the product positioning. The price goes in hand with the other ...

Importance of Financial Information to Stakeholders

Example essay. Published: 25th Apr 2018

Financial information contain in annual reports that the companies are published in periodically. That period is identified as reporting period. Company obligates to provide financial information to their various stakeholders during the past reporting period. ...

Importance Of International Accounting Standards Accounting Essay

Example essay. Published: 1st Jan 2015

The Committee on Accounting Procedure (CAP) was the first accounting standard board that issued the Accounting Research Bulletins (ARBs) which started what the Committee on Accounting Procedure believ ...

Importance of Maximising Shareholder Value

Example essay. Published: 25th Apr 2018

Introduction Firms may have different objectives to achieve. However in theory, a firm should set its’ objectives to increase its value for its owners. Shareholders are the owners of a firm. The ...

Importance Of Profit And Loss Account Accounting Essay

Example essay. Published: 1st Jan 2015

The Profit and Loss Account is a Financial Statement which summarizes a company’s revenue and expenditure for a specific period of time, usually prepared annually or quarterly. These statements ...

Important financial information by company to its stakeholders

Example essay. Published: 1st Jan 2015

Financial statement is a tool that provided important financial information by a company to its stakeholders about whether to invest in that particular company. However, recently, an increased freque ...

In trinidad and tobago the spiraling crime situation

Example essay. Published: 1st Jan 2015

Introduction In Trinidad and Tobago the spiraling crime situation has been committed predominately by young males. This study focuses on the relationship between the violence in schools and the cr ...

Incentives For Blue And White Collar Workers

Example essay. Published: 25th Apr 2018

The term incentive has been used both in the restricted sense of participation and in the widest sense of financial motivation. The concept of incentive implies increased willingness or motivation to ...

Independence of Mind Example

Example essay. Published: 24th Apr 2018

The word of ‘INDEPENDENCE’ is defined as ‘freedom from situations and relationships which make it probable that a reasonable and informed third party would conclude that objectivity ...

Independent Audit Risks: Cases

Example essay. Published: 24th Apr 2018

Lisa Ferguson Case 1.8 1. Misstated development costs and revenue measurement are both inherent risks when auditing live theatrical companies. To detect the first, auditors should design testing p ...

Indian Accounting System And International Financial Reporting Standards Accounting Essay

Example essay. Published: 1st Jan 2015

1. History: The roots of accounting system in India had been evolved in early sixteenth century when India had built trade links with Europe and central Asia. Later, with entry of east India company h ...

Influences of Culture on Accounting Standards

Example essay. Published: 25th Apr 2018

The impact of culture on the social institutions like accounting cannot be underestimated. Before the increase in immigration and cross-border businesses, culture has been in the domain of anthropolog ...

Internal Audit Effectiveness Study on the Public Sector

Example essay. Published: 25th Apr 2018

Agus Setiawaty Determinant of Internal Audit Effectiveness in Public Sector Organizations: Which factors matter? Abstract Internal audit (IA) play a pivotal role in reinforcing good governance in ...

Internal Audit Example of Educational Institution

Example essay. Published: 13th Jun 2018

Internal Auditing – Cass Business School Question 1 Control Environment – The attitude and actions of the board and management regarding the significance of control within the organization. T ...

internal audit proficiency and internal controls

Example essay. Published: 1st Jan 2015

LITERATURE REVIEW 9.0 Introduction This chapter is a review of the related literature generated by the researcher on the subject of study. The chapter entails the relationship between internal audit ...

Internal Auditing Concepts for Small and Medium Enterprises

Example essay. Published: 25th Apr 2018

INTRODUCTION 1.0 Background Internal auditing is an independent appraisal function established within an organization to examine and evaluate its activities as a service to the organization. It helps ...

Internal Auditing Information Technology Case Study

Example essay. Published: 24th Apr 2018

Yue Sun (Leah) Activity 1. Key entity-level controls COSO Component Entity-level Controls Control Environment Organization wide integrity code of conduct Raising awareness and applic ...

Internal Auditing System Effectives for Detecting Fraud

Example essay. Published: 25th Apr 2018

INRODUCTION The chapter shall looks at the background of the study, statement of the problem, research questions, objectives of the study, purpose of the study, hypothesis, assumptions of the study, ...

Internal Control Over Fixed Assets Accounting Essay

Example essay. Published: 1st Jan 2015

Maintaining control over plant and equipment: subsidiary ledgers Unless internal controls over plant and equipment are carefully designed many units of equipment are likely to be broken, discarded or ...

International Accounting Developments in Egypt

Example essay. Published: 24th Apr 2018

Identify the nature of the accounting system used in the country and give supporting evidence to justify the reasons for your decision. As a country, Egypt has experienced a dramatic change towards ...

International Accounting Standards (IAS) 37 Requirements

Example essay. Published: 24th Apr 2018

Introduction Since IAS 37 is published, companies obeying by international standards can solve the difficulty of how to recognize and measure provision, contingent liability and contingent asset. It p ...

International Accounting Standards: UK Financial Reporting

Example essay. Published: 25th Apr 2018

APC311 INTERNATIONAL FINANCIAL REPORTING ASSIGNMENT (Word count: 3, 080) Introduction The growth of international activities has been rapid over time. These activities include areas of international ...

International Federation of Accountants Code of Ethics

Example essay. Published: 25th Apr 2018

Code of Ethics is essential for both accountants and auditors as they hold positions of expectation that the community rely on them and the capability. The Code of Ethics is regulated by International ...

International Financial Reporting Standards: Pros and Cons

Example essay. Published: 25th Apr 2018

The joint project between the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) in developing a common accounting language for the world has gained much a ...

International Public Sector Accounting and Finance

Example essay. Published: 23rd Sep 2019

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 ...

Introduction To The Activity Based Costing Accounting Essay

Example essay. Published: 1st Jan 2015

“Traditional managerial accounting is at best useless, and at worst dysfunctional and misleading.” (Shank, 1994) The Relevance Lost: The rise and fall of Management Accounting published b ...

Investigating the Harmonization of Accounting Practices

Example essay. Published: 1st Jan 2015

Growth in international trade has been on the increase over the years necessitating several organisations to be involved in the efforts to harmonise accounting practices either regionally or internati ...

Investigating the reasons for why firms change auditors

Example essay. Published: 1st Jan 2015

The accounting literature offers several potential explanations for why firms change auditors (i.e. auditor switching). These explanations include: changes in company management who may then prefer an ...

Investigation of ICT Innovation in Accounting Education

Example essay. Published: 13th Jun 2018

We live in the age of information and also needs to it for decision making. There are several fields that provide information such as Information and Communication Technology (ICT), Accounting. In this paper, we investigate ICT Innovation in Accounting Education that helps to prepare and present useful financial information to users. ...

Investment Analysis for Jewellery Business

Example essay. Published: 16th Jul 2018

Executive Summary Babushka’s Baubles is a company producing jewellery at the budget end of the market and has seen a sharp decline in its financial position, in 2008. Despite this, sale levels are ...

Investment Appraisal Report Example

Example essay. Published: 13th Jun 2018

Re: Investment in Kingfisher Plc Following our conversation earlier, I have prepared a report into Kingfisher Plc to help you with your investment decision. I have split this report into two sections ...

Investment Report on Qantas Airlines

Example essay. Published: 24th Apr 2018

Introduction Qantas main international hubs are at Sydney and Melbourne airport, as well as operates a significant number of international flights. Qantas owns Jetstar Airways and when it became p ...

Is accounting profit figure a measure of true profit of an organizations

Example essay. Published: 1st Jan 2015

Accounting rules and regulations are a ‘mish-mash of rather conflicting concepts’(e.g. relevance and neutrality), giving managers discretion in… ...

Is Accrual Basis More Reliable than Cash Basis Accounting

Example essay. Published: 1st Jan 2015

Currently, accrual based accounting is the most widely accepted standard for accounting valuations. Nevertheless, it is often argued, on theoretical grounds, that a cash basis approach is much more r ...

Is Standard Costing Relevant in a Modern Business Environment?

Example essay. Published: 8th Feb 2020

The Origin of Standard Costing Industrial revolution marked the end of a small market exchange that occurred between individuals or organizations. These exchanges required accurate bookk ...

Issue of Self-Serving Bias and the Role of International Ethics Standards Boards

Example essay. Published: 8th Feb 2020

Table of Contents INTRODUCTION SECTION B A Critical Appraisal of the Role of International Ethics Standard Board for Accountants SECTION B Self-Review ...

Issues with Balanced Scorecard: A Case Study

Example essay. Published: 13th Jun 2018

I. “I think Fitzharrys Ltd’s financial statements are incomplete. a. They contain nothing about the company’s plans and budgets for the year to 31 December 2005, nor about performance since the ...

It is important to diferentiate between capital expenditure and revenue expenditure

Example essay. Published: 1st Jan 2015

Fixed Asset is last longer and not for resale. For example is premises, motor vehicles, machinery, and fixtures and fittings. Current Asset is liquid and bought for resale. For example is cash in hand ...

JB Hi-FI Corporate Social Responsibility (CSR) Report

Example essay. Published: 24th Apr 2018

Ming Chak Ip   Report: Part A For JB Hi-FI there are 4 types of corporate social responsibility to report. The environmental section must be included and it provides information on actions the co ...

Job Costing and Batch Costing Methods

Example essay. Published: 25th Apr 2018

There are various types of business in the world now. Each and every business has to choose a particular method to ascertaining the costs are available in the business. Simply costing methods is a met ...

Job Order Costing Process Costing and Activity Based Costing

Example essay. Published: 25th Apr 2018

A cost accounting system is the sum methods and techniques used by businesses allowing them to track resources consumed in production and distribution of services or goods to consumers. These methods ...

Just In Time Benefits For Mcdonalds Accounting Essay

Example essay. Published: 1st Jan 2015

McDonalds uses JIT system in which it doesn’t begin to cook (reheat and assemble) its orders until the order is being placed.Initially it used to preheat a batch of hamburgers and let them be un ...

Kaizen Costing Method And Its Role In The Management Of An Entity Accounting Essay

Example essay. Published: 1st Jan 2015

1. Introduction The purpose of my article is to let the managers know about a costing method, which applied even in the current crisis, will not only lead to an avoidance of bankruptcy, but may lead t ...

Kellogg’s Business Strategy: Success Factors and Barriers

Example essay. Published: 25th Apr 2018

Introduction: The importance of customers and their value plays a major role and cannot be neglected by the companies in today’s business world. The implementation of different new strategies an ...

Kirkpatrick’s Four-Level Training Evaluation Model Applied

Example essay. Published: 25th Apr 2018

Case Scenario Sunshine Supermarket is an upcoming supermarket in Singapore. It first opened its door for business in the year 2014 at Jurong East. Sunshine Supermarket’s primary aim is ‘ ...

Lean Manufacturing: Concept Overview and Disadvantages

Example essay. Published: 24th Apr 2018

Introduction “The most noteworthy evolution of lean accounting in recent years has been a sharpening focus on value. Lean has always been centered on creating value for customers and eliminati ...

Limitation of Ratio Analysis

Example essay. Published: 1st Jan 2015

Limitation of Ratio Analysis Learning Objective Explain to the participants on the limitation of ratio analysis. Important Terms Creative accounting. Accounting Policies. As we have alredy ...

Literature Review Of Production Planning And Controlling Accounting Essay

Example essay. Published: 1st Jan 2015

Last year couple of authors tried their best to attempt to identify production planning and control (PPC) top authors. Fernandes, et al. published an article whose main goal is to classify the top PP ...

Literature Review on Audits and Auditing

Example essay. Published: 25th Apr 2018

2.1 Introduction This chapter reviewed the detail literature on important keys in this research such as the audit, audit firm tenure, audit firm size, fraudulent financial reporting and relevant past ...

Literature Review on the determination of accounting standards

Example essay. Published: 1st Jan 2015

Introduction Ross L. Watts and Jerold L. Zimmerman have written a remarkable paper in accounting research which attempt to provide positive theory about factors influencing companies in lobbying on ...

Lobbying Accounting Standards

Example essay. Published: 23rd Sep 2019

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 standar ...

Looking at Corporate Governance in TESCO Plc

Example essay. Published: 1st Jan 2015

Corporate governance basically is a kind of concept that has been described with thousands of definitions because of its relations to economic positions of the companies.The most basic ones that can b ...

Main Advantages In Harmonization Of International Accounting

Example essay. Published: 11th Aug 2021

The main purpose of this report is to point out the main advantages that could be benefited from International accounting and the obstacles to the harmonization of this system. ...

Making Changes to Accounting Information Systems

Example essay. Published: 8th Feb 2020

When a company makes changes to their accounting information system, it is crucial that they need to consider what exactly they need to change with the new system in order for what to achieve as ...

Management Account in the Fourth Industrial Revolution

Example essay. Published: 23rd Sep 2019

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 ti ...

Management Accounting and Decision Making

Example essay. Published: 3rd Nov 2020

An assignment on management accounting, how it differs from financial accounting and decision making in the management accounting profession. ...

management accounting assignment

Example essay. Published: 17th Oct 2016

1. Activity: General ledger department reconciles and updates the general ledgers. Objective: The main purpose of having reconciliation in an organization is to ensure that the overall accuracy, comp ...

Management accounting information and criteria

Example essay. Published: 1st Jan 2015

Management accounting information should comply with a number of criteria including verifiability, timeliness, comparability, reliability, understandability and relevance if it is to be useful in plan ...

Management Accounting Systems And Costing Approaches Accounting Essay

Example essay. Published: 1st Jan 2015

This document covers two areas within the business; in Part A we examine the advantages and disadvantages of three different management styles which can be applied to the corporation within the Manage ...

Management Accounting Systems Essay

Example essay. Published: 20th Dec 2017

Executive Summary The company’s profits are falling and there is a build-up of inventory within the production process. This report considers three management systems which could rectify the sit ...

Management Accounting Techniques for Competitive Advantage

Example essay. Published: 13th Jun 2018

Hadika plc A Report: The Use of Management Accounting Techniques for Achievement of Competitive Advantage   Table of Contents (Jump to) Introduction Management Accounting Application of ...

Management Accounting: Information for Decision-making

Example essay. Published: 24th Apr 2018

Management accounting information should comply with a number of criteria including verifiability, objectivity, timeliness, comparability, reliability, understandability and relevance if it is to be u ...

Management Control: Purpose and Strategies

Example essay. Published: 25th Apr 2018

Controlling is one of the four main functions in management. It is important to managers in order to ensure all planning, organising and leading run as smoothly as desired. If managers are able to ens ...

Management Practices Traditional vs Modern Innovative

Example essay. Published: 1st Jan 2015

In last many years, few management accounting innovations has been developed. Managers have to make decision on a daily basis as well make decisions regarding the future and how to survive and grow in ...

Management’s incentives for establishing and maintaining strong internal control

Example essay. Published: 1st Jan 2015

25. Discuss management’s incentives for establishing and maintaining strong ‘internal control’. Before we start answer this question, let us understand what the definition of interna ...