Accounting Essays

Managerial Accounting And Shareholders Accounting Essay

Example essay. Published: 1st Jan 2015

1. What obligations did the financial managers have to their shareholders to do whatever is possible to avoid major financial losses associated with these products? According to Ask (2002), all major ...

Managing Customer Relationships: Case Studies on Loyalty

Example essay. Published: 25th Apr 2018

CRM This component will focus on managing customer relationships with the organization in order to enhance customer loyalty. Moreover, it will also discuss on the aspects of the virtual world and the ...

Managing Financial Principals And Techniques Accounting Essay

Example essay. Published: 1st Jan 2015

Price and cost is the key to costs because it can quite often decide the benefit costs which add up to form the price of the item. So, you would usually here the term Price Cutting when it comes to la ...

Manipulation Strategies in Accounting

Example essay. Published: 8th Feb 2020

IAASA Irish Auditing and Accounting Supervisory Authority was established in 2006 for providing Ireland with strong regulatory environment and exercise its powers under the provision of ...

Marginal and Absorption Costing for Financial Statements

Example essay. Published: 13th Jun 2018

This paper aims at looking at how income statements are prepared using marginal and absorption costing. The absorption costing method charges all direct costs to the product costs as well as a share ...

Marginal Costing and Absorption Costing Comparison

Example essay. Published: 25th Apr 2018

Marginal costing is also termed as variable costing, a technique of costing which includes only variable manufacturing costs, in the form of direct materials, direct labour, and variable manufacturing ...

Market Based Accounting Research Impacts

Example essay. Published: 13th Jun 2018

Market-based Accounting Research Introduction Accounting provides financial data about the performance of a company. This data enables accounting information users, including investors, to take their ...

Marketing Audit of the City of Wanneroo

Example essay. Published: 8th Feb 2020

Executive Summary The city of Wanneroo continues to be one of the largest and fastest growing local government authorities in WA.  The rapid growth rate has a significant impact ...

Material Weakness And Significant Deficiency Accounting Essay

Example essay. Published: 1st Jan 2015

Auditing Standard number 5, as outlined by the Public Company Accounting Oversight Board, creates guidelines regarding the manner in which an auditor should approach an audit of a company’s mana ...

Measurement of assets, liabilities and equities in accounting

Example essay. Published: 1st Jan 2015

Across time, various accounting theories have been developed by a number of well-respected academics. However, the accounting profession is normally failed to embrace these theories. This paper has an ...

Memo On Internal Control Audit Accounting Essay

Example essay. Published: 1st Jan 2015

The purpose of this memo is to document the audit objectives with related planned audit procedures regarding the Faculty Professional Expense (FPE) accounts audit as well as to identify the internal c ...

Methods and Models for Measuring Costs

Example essay. Published: 25th Apr 2018

Costs are associated with all types of organizations business, non-business, manufacturing, retail and service. Generally, the kinds of costs that are incurred and the way in which these costs are cla ...

Methods Used for Process Costing

Example essay. Published: 25th Apr 2018

A process costing method is used for Indus trick producing chemical, petroleum, textile, and flour, pharmaceutical, shoos and coal. This type of costing is also used by firms manufacturing such things ...

Methods Used to Evaluate Investment Projects

Example essay. Published: 24th Apr 2018

Evaluation of the attractiveness of an investment proposal, using methods such as average rate of return, internal rate of return (IRR), net present value (NPV), or payback period. Investment appraisa ...

Mmcl Would Require Us To Bear The Closure And Reclamation Costs Accounting Essay

Example essay. Published: 1st Jan 2015

Executive Summary The strategic location of the South Face Mine, owned by Mountain Mining Canada Ltd (MMCL), catches the attention of Can-Do to make an offer for purchasing the mine. If our company su ...

Modern Management Accounting

Example essay. Published: 11th Mar 2021

A) “Critically discuss the role of modern management accounting, and the extent to which it shapes, or is shaped by, the changing organizational and global context within which it is practiced”. B ...

Motivation Behind Creative Accounting Accounting Essay

Example essay. Published: 1st Jan 2015

Creative accounting is a practice that potentially being undertaken as a result from some individual care more on their own interest and indirectly causes issues arise in ethical dimension of creative ...

Nature And Purpose Of The Conceptual Framework Accounting Essay

Example essay. Published: 1st Jan 2015

Introduction The accounting conceptual framework has been criticized for not providing an adequate basis for standard setting. This inadequacy is evidenced through the FASB’s standards becoming ...

New Public Management in the UK

Example essay. Published: 1st Jan 2015

This chapter is devoted to the New Public Management (NPM) aspects regarding the UK perspectives. It begins with the meaning and the origin of the NPM. Some discussions are raised whether it is a conc ...

New Restaurant Business and Operations Plan

Example essay. Published: 24th Apr 2018

Executive Summary Delicias, unlike other typical restaurants, will provide a unique excellent food at value pricing within an entertaining atmosphere. Delicias will be setup due to an increasing deman ...

Non Controlling Interests And Goodwill Accounting Essay

Example essay. Published: 1st Jan 2015

Introduction IFRS 3 which involves Business Combinations will build important changes in business combinations accounting. IFRS 3 develops more the acquisition representation and applies to more day t ...

Non Financial Performance Measures: Summary and Analysis

Example essay. Published: 13th Jun 2018

Total quality management and non financial performance measures In order to answer the first, fundamental, question of using non financial performance measure: why should companies use non-financial ...

Non-Audit Services (NAS) Impact on Auditor Quality

Example essay. Published: 25th Apr 2018

The provision of Non-Audit Services (NAS) by auditors to their audit clients reduces total costs, increases technical competence and motivates more intense competition. However, the recent corporate c ...

Not For Profit Organizations Prepare Financial Statement Accounting Essay

Example essay. Published: 1st Jan 2015

Contributions are the primary revenue to a Not-for-profit organization. Because of the fundamental accounting of NFPO is different with profit-oriented companies, NFPO has its own accounting method fo ...

Objectives of Standard Costing

Example essay. Published: 25th Apr 2018

What is the definition of standard costing? Standard costing is the system of using standard costs. Standard costing involves using the predetermined costs/standard costs to compare with the actual to ...

OECD Model Tax Convention: Fixed Place of Business: Analysis

Example essay. Published: 13th Jun 2018

Criteria of a “fixed place of business” under OECD Model Tax Convention on Income and on Capital 2005 Introduction The OECD Model Tax Convention on Income and Capital (The Convention) re ...

Onderwerp pws studie financiering

Example essay. Published: 1st Jan 2015

Inleiding Het onderwerp van mijn profiel werkstuk is studiefinanciering geworden omdat het erg speelt momenteel en het voor bijna elke student een noodzaak is. Voor veel studenten zou de afschaffing v ...

One set of Global Accounting Standards Good idea

Example essay. Published: 1st Jan 2015

The US GAAP has influenced accounting standards in many countries. A decade ago, some still expected that it would eventually become globally accepted but in recent times, this is not likely because t ...

Organisational processes in the Walt Disney Company

Example essay. Published: 1st Jan 2015

According to De Wit and Meyer (2010) Organisational processes refer to the arrangements, procedures and routines used to control and coordinate the various people and units within the organisation&#82 ...

Over-spending and under-spending of the public sector budget

Example essay. Published: 1st Jan 2015

The over-spending and under-spending of a budget is the positive or negative variance between what was actually spent and what was budgeted. Overspending Budgets overruns are the underestimation of co ...

Overview of the Accounting Cycle

Example essay. Published: 8th Feb 2020

The accounting cycle is a sequence of steps starting with recording transactions and takes it to the preparation of financial statements. The main purpose of recording transactions and keeping tr ...

Overview of the Caterpillar Tax Fraud Scandal

Example essay. Published: 3rd Nov 2020

An accounting fraud is the manipulation of financial statements in order to benefit the business financially or to create a false appearance of financial health. In the situation of Caterpillar Inc. (CAT) the payment of federal income taxes on their earnings was avoided to boost the company’s financial status, saving the company billions of dollars and keeping its stock price high. ...

Parmalat Accounting Scandal | Summary

Example essay. Published: 24th Apr 2018

The Parmalat Accounting Scandal 1. What were the events leading up to the Parmalat accounting scandal and ultimately the revelation of the accounting fraud and the reasons behind the scandal? Evolvin ...

Pay As You Earn (PAYE) System: Advantages and Disadvantages

Example essay. Published: 24th Apr 2018

PAYE (Pay as you earn) was first introduced in year 1944. This is a system used by HMRC (HM Revenue & Customs) to collect Income Tax and NICs (National Insurance contributions) from employees&#82 ...

Perception of the Effectiveness of Internal Audit Function

Example essay. Published: 1st Jan 2015

Management is constantly striving to effectively its objectives and protect assets. Therefore, management needs to continually evaluate the activities of every department in their organisation. Inte ...

Performance Measurement Of Financial And Non Financial Results Accounting Essay

Example essay. Published: 1st Jan 2015

Every organisation strive for good performance. Performance improvement considers organisational change where management of the organisation puts in place some projects to help boost the current level ...

Personal Income Tax System in Nigeria

Example essay. Published: 1st Jan 2015

This chapter gives a comprehensive explanation of the Nigeria personal income tax system, tax compliance, tax fairness, impact of perception of tax fairness towards tax compliance, dimension of tax f ...

Policies for the Prevention of Fraud and Mismanagement

Example essay. Published: 24th Apr 2018

PURPOSE The Prevention of Fraud and Mismanagement Policy outlines measures taken by the Institute to prevent fraud and mismanagement. SCOPE This policy applies to all members of staff. STATEMENT Ros ...

Positive Accounting Theory

Example essay. Published: 1st Jan 2015

INTRODUCTION Purpose The purpose of this report is to analyse the effect of adopting AASB 2 Share-based Payments. Besides, this report will also provide discussions about the reaction of some parties ...

Posting Journal Entries To Ledger Accounts Accounting Essay

Example essay. Published: 1st Jan 2015

Analysing the transactions and recording them as journal entries is the first step in all the accounting cycle. It is begins at the starting of an accounting period , continues during the whole peri ...

Price Waterhouse Coopers (PWC) Audit Scandal and Fraud

Example essay. Published: 23rd Sep 2019

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. Th ...

Principle-agent Problem in Shareholders and Managers

Example essay. Published: 24th Apr 2018

This essay identifies the principle-agent problem between shareholders and managers. It also overlooks UK’s corporate governance compared to Germany and Japan. Furthermore effectiveness of UK&#8 ...

Principles of Fairness in Taxation

Example essay. Published: 13th Jun 2018

Is it true to say that some forms of taxation are fairer than others? How might the present taxation system in the UK be improved to make it fairer? Ideas about the fairness of systems of taxation wi ...

Principles-Based Accounting Advantages

Example essay. Published: 25th Apr 2018

The primary advantage of principles-based accounting rests in its broad guidelines that can be applied to numerous situations. Broad principles avoid the pitfalls associated with precise requirements ...

Private Limited Companies Advantages and Disadvantages

Example essay. Published: 24th Apr 2018

Financial Accounting Is the information to make decisions related to the organizations, it begins with the principles, concepts, and applications of financial accounting. Financial Accounting follows ...

Problems Faced By Auditors Accounting Essay

Example essay. Published: 1st Jan 2015

The standard requirement of auditing requires auditors to conduct audits of the companies independently and without any interference from the concerned company. According to few surveys the auditors a ...

Problems In Traditional Costing System Accounting Essay

Example essay. Published: 1st Jan 2015

Traditional costing systems had been used for decades by organizations in making important decisions and there is not much change in the management accounting techniques since the 1920′. From th ...

Product Costing Methods: Strengths and Weaknesses

Example essay. Published: 25th Apr 2018

Today’s competitive environment requires manufacturers to know their costs for competing globally. A top notch costing system is one of the most powerful information tools a management can have; ...

Product Costing System Types: An Analysis

Example essay. Published: 25th Apr 2018

Contents (Jump to) Introduction History Product costing systems I. Conventional Costing A. Job Costing B. Process Costing C. Batch Costing Strengths and Weaknesses of Conventional Costing II. Activity ...

Programming Independence Essentially Protects The Auditor S Ability Accounting Essay

Example essay. Published: 1st Jan 2015

Programming independence essentially protects the auditor’s ability to select the most appropriate strategy when conducting an audit. Auditors must be fair to approach a piece of work in whateve ...

Pros and Cons of budgeting in modern environment

Example essay. Published: 1st Jan 2015

Budgets are recognized as time-honored tools for planning and setting organization’s goals, for communicating among corporate constituencies, and for providing basis for operating results review ...

Pros and Cons of traditional absorption costing techniques

Example essay. Published: 1st Jan 2015

Introduction The purpose of this report is to discuss the advantages and disadvantages of Traditional absorption and Activity based costing. In addition, analysis will be carried as to why a company n ...

Purpose and Use of Different Accounting Records

Example essay. Published: 25th Apr 2018

Accounting record is defined as the all of the documentations involved in the preparation of financial statements and records which are relevant to financial review and audits which include recording ...

Purpose Of The External Audit Report Accounting Essay

Example essay. Published: 1st Jan 2015

This assignment is going to include a discussion on the perception of the external audit report, an explanation how and why wording in the external audit report has evolved, as well as an explanation ...

Qualitative Characteristics And Constraints Of Decision Useful Financial Reporting Information Accounting Essay

Example essay. Published: 1st Jan 2015

This chapter describes the qualitative characteristics of useful financial information. The qualitative characteristics can be categorized as fundamental (relevance and faithful representation) or enh ...

Qualitative Characteristics of Financial Information

Example essay. Published: 25th Apr 2018

The purpose of financial statements is to give financial statements information about the change in financial position, financial performance and financial position of the organization. These can prov ...

Ratio Analysis for Building Company

Example essay. Published: 16th Jul 2018

The housing industry has been facing challenging market conditions since the last few months. However the Chairman of the Group has made the following… ...

Reality Construction is Irrelevant in Accounting

Example essay. Published: 8th Feb 2020

Accounting initially did not have a knowledge base, and this has evolved with time. It is subject to many rules and regulations that change with time. It is through accounting concepts and conven ...

Regulatory Frameworks for Financial Reporting

Example essay. Published: 25th Apr 2018

Discuss the reasons why we need a regulatory framework for financial reporting. What are the advantages and disadvantages of making accounting rules by law as opposed to using IASB standards? The body ...

Relationship between IFRS Adoption and Financial Report Readability for Australian Companies

Example essay. Published: 8th Feb 2020

1 Executive summary The impact and relationship between the international financial reporting standards (IFRS) adoption of the Australian companies’ financial reports’ readabilit ...

Reporting Irregularities in Financial Statements: Case Study

Example essay. Published: 24th Apr 2018

Nowadays, especially is Bulgaria, people are becoming more and more hungry for money, that is why the word fraud takes part more often in our speech. Fraud is part of criminal law, and it comes when w ...

Research For My Career Plan Accounting Essay

Example essay. Published: 1st Jan 2015

Introduction My career choice is public accountant. My choice is highly influenced by the passion I have for working with numbers. My second choice career is internal auditing .it is closely related t ...

Research Proposal On Threat To Auditors Independence Accounting Essay

Example essay. Published: 1st Jan 2015

History reveals that audit is a Latin word meaning “he hears”. Auditing originated in those years when individuals entrusted with public funds were required to give an oral account of thei ...

Revenue Recognition and Corporate Governance

Example essay. Published: 16th Jul 2018

Revenue recognition is one of the most important accounting concepts to organisations across the globe. Basically, there are two main ways in which an organisation can account for revenue as part of ...

Revenue Recognition under US GAAP and IFRS

Example essay. Published: 25th Apr 2018

International Accounting Standards Board (IASB) and Financial Accounting Standards Board (FASB) are working together to provide a single revenue recognition model that can be applied to a wide range o ...

Rising Costs of the Retail and Funeral Industry

Example essay. Published: 25th Apr 2018

The retail industry feeds more than 64 million people every day in UK. The retail sales account for £177.5bn makes 51% contribution to UK economy. It employs 3.8 million people make up 14% employme ...

Role and Significance of Budgetary Control

Example essay. Published: 24th Apr 2018

Introduction: Enterprise is a complex man-made running coupling system and a contractual association with body; it is very necessary to the business activities of its process and implements control. A ...

Role of the Industrial Development Bank of India (IDBI)

Example essay. Published: 24th Apr 2018

The Banking Industry was once a simple and reliable business that took deposits from investors at a lower interest rate and loaned it out to borrowers at a higher rate. However deregulation and techno ...

Roles of Management and Agency Theory and Exchange Rate Policies for Macroeconomic Targets

Example essay. Published: 8th Feb 2020

Task 1 The role of management in meeting stakeholder objective………………….2 The fundamental objectives of the organisation………….……………………2-4 ...

Roles of MIS in Toyota

Example essay. Published: 1st Jan 2015

The operations of Toyota have been impacted by tremendous developments in technology. Because of this, manufacturing operations within the company have significantly improved. For instance, vehicles a ...

Sainsbury’s Ratio Analysis

Example essay. Published: 24th Apr 2018

Accounting and Finance Assignment – Sainsbury’s Ratio Analysis Nowadays, it is important for organizations to know how to survive in the competitive market in which they are involved, mark ...

Sainsburys corporate governance and information disclosure

Example essay. Published: 1st Jan 2015

This paper attempts to demonstrate the annual report of Sainsbury from its corporate governance aspects and evaluate the information provided in the annual report from 5 parts: the main corporate gove ...

Sarbanes Oxley Act Of 2002 Accounting Essay

Example essay. Published: 1st Jan 2015

The purpose of this report is to present the Sarbanes-Oxley Act, starting from the history of self-regulation and its regulatory bodies, presenting the governance scandals which triggered the Act&#821 ...

Sarbanes-Oxley Act: Advantages and Disadvantages

Example essay. Published: 25th Apr 2018

Discuss the strengths and weaknesses of the Sarbanes-Oxley (SOX) Act and describe how an IT department can meet the challenge of implementing SOX compliance Over the past ten years we have been expose ...

Scandals Of Corporate Governance And Company Law Accounting Essay

Example essay. Published: 1st Jan 2015

The idea of corporate governance in the broad concept of company law is of particular importance as it is essential for the companies to be controlled in a good manner. “Corporate governance is ...

Sensitivity Analysis: Applications and Issues

Example essay. Published: 24th Apr 2018

For a given linear programming model, finding the optimal solution is of major importance. But it is not the only information available. There is a very good amount of sensitivity information. It is b ...

Significance of Departmental Accounting

Example essay. Published: 25th Apr 2018

This report has done on wide research of financial accounting. This report has five parts. First part includes departmental accounting and its significance. Second part shows a calculation for a given ...

Skills Required in Accounting Role

Example essay. Published: 8th Feb 2020

Introduction Traditionally, technical skills was seen as a crucial element for career success in the eyes of many accounting graduates (Rebele, 1985). However, as time went by, recent r ...

Small and Medium Enterprises in Mauritius

Example essay. Published: 1st Jan 2015

Basically businesses are regarded as small based on different features. Different countries define SME differently. For example the definition of SMEs in European Union (Eu) is based on Turnover or ba ...

Small Company Financial Statement Example

Example essay. Published: 13th Jun 2018

Management System DJs Ltd is a private limited company that is run in the style of a regular partnership firm. The two directors David Golding and John Selwood have divided the operating responsibili ...

Social and Environmental Accounting and Paris Agreement

Example essay. Published: 23rd Sep 2019

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 ...

Sole trader and partnership business

Example essay. Published: 1st Jan 2015

http://en.wikipedia.org/wiki/Sole_proprietorship http://www.irs.gov/businesses/small/article/0,,id=98214,00.html http://www.businesslink.gov.uk/bdotg/action/detail?type=RESOURCES&itemId=107378960 ...

Standard Costing System: Advantages and Disadvantages

Example essay. Published: 25th Apr 2018

COST AND PERFORMANCE MANAGEMENT TABLE OF CONTENTS 1.0 INTRODUCTION 2.0 PURPOSES OF STANDARD COSTING 2.1 Decision Making Purposes 2.2 Challenging Target 2.3 Setting Budgets 2.4 Control Device 2.5 Inve ...

Stewardship versus economic decision making in financial reporting

Example essay. Published: 1st Jan 2015

The main objective of financial reporting according to the IASB’s Preparation and Presentation of Financial Statements framework is that of providing adequate information in order to enable shar ...

Strategic Accounting for Decision Making

Example essay. Published: 16th Jul 2018

“Super Service” Mini Market. Contents (Jump to) Abstract Chapter 1 – Introduction Chapter 2 – The Mini Markets Chapter 3 – Conclusions and Recommendations Tables   Abstract One of ...

Strategic Financial Management

Example essay. Published: 23rd Sep 2019

Strategic Financial Management  Executive Summary The AYR Co. and its Board of Directors’ have requested useful information about two investment opportunities that are c ...

Strategic Management Accounting and applying it

Example essay. Published: 1st Jan 2015

With the rapid development of the global economy, traditional management accounting has been difficult to meet the business strategic management and requirements. Strategic Management Accounting(SMA) ...

Strategic Management Accounting Techniques Accounting Essay

Example essay. Published: 1st Jan 2015

Since the 80s a new term has been coined in management accounting literature: “Strategic Management Accounting” (SMA) (Simmonds, 1981). Since then, an ongoing debate about what strategic m ...

Strategies To Resolve The Principal Agent Problem Accounting Essay

Example essay. Published: 1st Jan 2015

In general, the principal-agent problem refers to difficulties of motivating one party the agent to act for the best interest of the other party the principal. In a company, the owners of the assets ( ...

Structure Of Nigerian Financial System Accounting Essay

Example essay. Published: 1st Jan 2015

The need for transparency and clarity in the presentation of financial statements has been an endemic phenomenon which has contributed to the high level of corruption in Nigeria. This level of inadequ ...

Study on Is Accounting Profession under Threat

Example essay. Published: 1st Jan 2015

Recent events in global financial world that is dissolution of companies due to continuous losses has made people to question the efficiency and honesty of the professional accountants in discharging ...

Suppy Chain Management At H C Starck Accounting Essay

Example essay. Published: 1st Jan 2015

I. Background: Richard Morse, a MIT graduate started National Research Corporation (NRC) as a process development company focused on developing vacuum technology. NRC initially used the technology to ...

SWOT Analysis of the Football Association (FA)

Example essay. Published: 25th Apr 2018

This paper looks to produce a report that seeks to analyse the work of the Football Association (FA) in the context of an evaluation of the impact of its strategy regarding the advancement of the nati ...

Target Costing & Life Cycle Costing Systems

Example essay. Published: 20th Dec 2017

Letscommunicate Ltd Introduction Letscommunicate Ltd produces mobile phones for sale in supermarkets. In today’s competitive market of mobile phones with short product life cycles, it is importa ...

The Absorption Costing Approach to Cost-Plus Pricing

Example essay. Published: 1st Jan 2015

Allocating a fair and proper price to a product or service may be a tricky balancing act for a company. Many firms have an ongoing struggle with setting their pricing strategies. It is a well known fa ...

The accounting treatment for research and development

Example essay. Published: 1st Jan 2015

Under IAS 38 Intangible Assets, the accounting treatment for research and development is different. It depends on whether the expenditure is incurred from research or development. In the Ruritanian Ac ...

The Achievements Or Successes Of Both Eu And Iasc Iasb Accounting Essay

Example essay. Published: 1st Jan 2015

Introduction 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 ...

The advantages and disadvantages of budget setting

Example essay. Published: 1st Jan 2015

Direct costs, indirect costs and overhead: Direct costs: those cost that can be directly traced to producing specific goods or services. For example, the cost of leather in making bags can be attribut ...

The Advantages and Disadvantages of Lean Six Sigma

Example essay. Published: 25th Apr 2018

1. Introduction While businesses seek for ways to survive and also to remain competitive in a changing global environment, they either choose adopting business excellence models or continuous improvem ...

The advantages and disadvantages of Strategic Management Accounting

Example essay. Published: 1st Jan 2015

In recent years, the strategic management process has become more complex and costly. Growing competitiveness in many markets and along many combinations of dimension is increasing of analysis facing ...