Corporate Accounting and Business Advisory
About Global Financial Crisis
The Global Financial crisis was one of the largest that happened in the year 2008-09. The accounting techniques of fair value accounting has been blamed for the longest of time. The techniques of fair value accounting were blamed and questioned (Lane & Milesi-Ferretti, 2018). Problematic techniques of fair value accounting are described in the following paragraph.
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Accountants In The Profession
An ethical Dilemma refers to an issue that is faced by an accountant in the decision-making process. There are always two choices that are faced by the accountant in doing the business. One might be ethical and the other unethical. At times there are choices where an unethical approach will help in making higher profits than an ethical choice (Jaijairam, 2017). This is where the accountants face an ethical dilemma…
Contemporary Accounting Issues
Executive Summary of Marine Review Ltd Analysis
Marine Review Ltd has data of Whales and Sharks. Management is looking for a dashboard which can be helpful to them to review and monitor the overall information and take timely decision. The Methodology used is to data analysis and understand the data to identify the key takeaways which will be useful for the management.
There are several data analysis t…
Contemporary Issues in Accounting
Accounting Overview
Business persons like to understand accounting principles so they can ensure that, their finance and material are properly tracked and managed. Alike cost principle, matching principle, monetary assumption and materiality. That principles and Accounting standards are used for tackling business problems and provide their solutions. For more understanding here accounting defines as.
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Business Ethics and Risk Management
Table of Contents
2.Introduction
3.Friedman Theory
4.Stakeholder Theory
5.Conclusion
6.References
2.Introduction to Ethical Theory and Business
The CEO of music streaming company Spotify was criticized for his statement on musician which stated that if musicians want to make more money then they have to make more music. This approach was criticized because of Spotify underpaying mus…
Business Analysis and Valuation
Executive Summary of Healius Limited Analysis
Following discussion shows the analysis of Healius Limited in terms of liquidity ratios, profitability ratios, capital structure ratios and leverage ratios. This analysis shows how the company is performing as compared to its competitors and as compared to previous years.
Contents
Executive Summary.
Healius Limited.
Profitability ratios.
Liquid…
Management Accounting - Answer 1
As John is facing difficulty in identifying the cost allocation base for factory administration costs. The factory administration cost can be calculated using the basis of allocating the cost. As per findings, the cost can be allocated by the collection of data, classification, and providing a code to the overheads. The next step is to apportion the overheads into the production units. So, a process needs to be…
Financial Accounting and Reporting - Question 1
Bellago Ltd made an accounting profit before tax of $75,000 for the year ended 30 June 2020.The following items were included in the accounts:
Donations to political parties , non-deductible 4,000
Depreciation machinery ,20% 15,000
Annual leave expense 5,800
Rent revenue 8,000
Goodwill amortised , non-deductible 12,000
For tax purposes the following applied :
Depreciatio…
Risk in The Auto Sector - Question 1
The minimization of NPV cost serves as a shelter and also as a future where one looks into as they seek to maximize their future wealth. As expected, different approaches would surely result in someone arriving at a sound decision. For my friend with the intent of buying a Condo despite the all-time low mortgage rates, I would consider it a perfect choice since he has credit. However, his other task of repa…
Financial Accounting
Table of Contents
Introduction.
Accounting cycle.
Financial accounting.
Accounting conceptual framework.
Overview of technical accounting knowledge.
References.
Introduction to The Earnings Management Motivation
An adequate accounting cycle is to be performed in a specific period in order to analyse, record, classify, summarize and report all the financial transactions. Accounting cycle is conc…
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