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Free research papers and essays on topics related to: accounting

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  • Accounting - 1,224 words
    Accounting ACCOUNTING THE LIFE-LINE OF THE BUSINESS WORLD Christian De Church Professor Hercer Communications 215 April 18, 2000 Introduction What goes on in business and other organizations? How are their activities carried out? Who is responsible for them? And, what part does accounting play? These questions and many more are often thought about by many confused and mislead business majors. The main purpose of accounting is to provide useful, reliable, and timely information to people who make rational investments, credit, and similar decisions. Because accountants serve decisions makers by providing them with financial information that helps them make better decisions, accounting is often ...
    Related: accounting, accounting information, accounting major, business world, management department
  • Accounting 2 - 949 words
    Accounting 2 PRINCIPLES of ACCOUNTING II (AC202) CHAPTER 12 CURRENT AND LONG-TERM LIABILITIES LIABILITIES DEFINED: A probable future payment of assets or services a company is presently obligated to make as a result of past transactions or events. Fundamentally liabilities are measured by the cost principle however: Liabilities are comprised of known obligations of a definite amount and known obligations of an estimated amount (i.e. warranties) CURRENT LIABILITIES: Obligations expected to be paid using current assets or by creating other current liabilities LONG-TERM LIABILITIES: Obligations not expected to be paid within one year. Includes long-term notes payable; mortgages payable; warra ...
    Related: accounting, working capital, time value, notes payable, principal
  • Accounting And Auditing Processes - 895 words
    Accounting and Auditing Processes Justin Denman Accounting and Auditing Processes March 4, 2000 Writing Assignment #1 Revenue Recognition Policies The purpose of this paper is to compare the revenue recognition policies of two companies in the search, detection, navigation, guidance, and aeronautical systems industry. The two companies I have selected are Aerosonic Corporation, and Esco Electronics Company. Esco Electronics Company is engaged in the design, manufacture, sale and support of engineered products. These products are used principally in filteration/fluid flow applications, electromagnetic compatibility (EMC) testing, and electric utility communications and control systems. The fi ...
    Related: accepted accounting, accounting, auditing, generally accepted accounting principles, processes
  • Accounting Differences - 1,245 words
    Accounting Differences General Comments about the Insurance Industry Insurance Companies generate revenues by selling insurance policies. These policies provide a known amount of revenue for an unknown amount of losses offsetting that revenue. This can make the matching principle difficult. Some of the potential losses can come years after the insurance policy was written and the premiums received. The liabilities for these future losses are estimated by actuaries and are subject to a certain amount of interpretation by management. The accounting for the premium revenues is reflected in written vs. earned premium. Various statutory requirements are based on written premium, which is the amou ...
    Related: accounting, insurance policies, revenue growth, chief executive, ratio
  • Accounting Differences - 1,256 words
    ... ce the company's inception in 1996. - Achieve earnings growth while maintaining balance sheet strength. - Reduction in exposure to areas with high catastrophic exposure. - Substantially resolve major portion of outstanding environmental Claims. (These claims are related to Asbestos and other environmental claims on policies written 20 + years ago. Policies written in last 20 years include and Environmental exclusion. At the time these policies were written, no person realized the long-term detrimental effects of what were, at the time, not known to be hazardous materials. Almost all old-line property and casualty companies have had to recognize their exposure to these types of claims.) - ...
    Related: accounting, annual report, chief operating officer, balance sheet, insurance
  • Accounting Erp - 1,962 words
    Accounting Erp Enterprise Resource Planning (ERP)- These systems break from the Assets=L+E scheme. ERP systems do not have the preparation of financial statements as their primary goal. Many ERP vendors stress an objective of inputting data only once and using it to generate various views. ERP vendors stress the process focus of their products. The software can span across functional borders, enabling integration of data and information flows. ERP systems can also support a variety of tasks including supply chain management, inventory management, logistics, human resource manganement, finance, accounting, manufacturing planning, sales, and distribution. However, these systems are often infle ...
    Related: accounting, mergers and acquisitions, competitive advantage, information technology, consolidation
  • Accounting Erp - 1,888 words
    ... sting operational database(s), cleansing or scrubbing the data, denormalizing the data, and then loading the data into the database populate the database. (This data population process is also known as the data transformation process.) This database is then the place for top executives, managers, analysts, and other end-users to mine a rich source of company information. They can ask compelling business questions and find answers in their data so they can make key and timely business decisions from their desktops using GUI On-line Analysis Processing (OLAP) tools. Attributes Of A Data Warehouse According to W.H. Inmon, who is considered the father of data warehousing, A Data Warehouse is ...
    Related: accounting, over time, decision making process, total sales, qualifying
  • Accounting Ethics - 1,833 words
    Accounting Ethics When examining the effect of open marketing on the profession of accounting it is important to view it from three perspectives: the client's, the profession's, and society's. Additionally, two key areas that are affected by marketing must be addressed, these are concerning competition, and ethical implications. Marketing in public accounting is here to stay therefore making an argument against its existence would be fruitless; however, in order to achieve maximum benefit to the firm, the client, and society more stringent guidelines must be implemented at the firm level. The first, and most obvious, of the effected areas is competition. Within competition several points are ...
    Related: accounting, ethics, public accounting, small firms, keep prices
  • Accounting Project - 365 words
    Accounting Project Accounting Project BAC 3AA Profile of an Accounting Department My interview with the accountant of Robin Hood Multifoods Inc. was one of the greatest interviews I have ever experienced. The person whom I interviewed was Mr. Jeff R. Scott. Jeff was a really nice person when I asked him questions. His desk was not as organized as I thought, because accountants are really organized. The reason is because he just got promoted from assistant controller to controller. As I asked him more and more questions, the answers that came back at me were pretty interesting. Jeff R. Scott is a Chartered Accountant acquired at the University of Western Ontario. His requirements of completin ...
    Related: accounting, accounting department, corporate finance, internal audit, salary
  • Government Accounting System - 761 words
    Government Accounting System On June 30, 1999 the GASB passed statement number 34. Statement 34 establishes new accounting requirements for state and local governments that are scheduled to begin on June 15, 2002. There are three phases scheduled for the implementation of statement 34, each depending on the size of the government. The largest governments must meet the requirement first while the smaller governments have more time to comply with the statement. Statement 34 will improve the governmental accounting system in many ways. First, statement 34 will create easier to understand financial statements. This will allow people other than accountants to understand the information within a g ...
    Related: accounting, accounting system, government accounting, government officials, financial position
  • Abortion - 346 words
    Abortion Why Abortion Must Be Legal Women must have access to safe abortion. No matter how any of us feel about embryos and fetuses and their rights...about women and sex and responsibility...about God's will, Karma, or the Bible...the fact still remains: Women have always used abortion as a last resort to prevent the birth of a child, and they always will, regardless of what the laws say or the rest of us think. But when abortion is illegal, it is unsafe and dangerous. Therefore, abortion must be legal, and it must be accessible too. Here are some reasons why legal abortion is necessary, taken from various sources available online and offline. Even if you disagree, take a look! Laws agains ...
    Related: abortion, political issues, the bible, economy, accounting
  • Activity Based Costing - 1,231 words
    Activity Based Costing The Use of Activity Based Costing By Joseph P. Milazzo Masters of Business Administration Hawaii Pacific University Fall 2000 Activity based costing (ABC) is a relative new way to allocate costs to specific processes and services. This system assures that the costs are accurately distributed to the products or services that generated them. ABC illustrates costs more accurately, giving management insight to the cost associated with certain business activities. ABC extends the decision-making skills of management by expanding on traditional costing (job order costing/process order costing) techniques. However, since ABC's introduction in the 1980's, many corporations are ...
    Related: activity based, costing, business activities, different countries, adoption
  • Adc Telecommunications Financial Ratio Analasis - 1,403 words
    Adc Telecommunications Financial Ratio Analasis Accounting 6000 Financial Statement Analysis ADC Telecommunications October 29, 2000 Corporate Background ADC Telecommunications (ADCT) is a communication equipment manufacturer located in Minneapolis, Minnesota, USA. Since 1952, the company has successfully weathered the tumultuous transformation process of technology. Today, ADC Telecommunications exclusively focuses on manufacturing computer-networking equipment. Increasing demand for fiber optic transmission systems like asynchronous transfer mode (ATM), synchronous optical networks (SONET) and most wireless communications systems, provide significant opportunities for ADCT. The company cur ...
    Related: current ratio, financial ratios, financial statement, quick ratio, ratio, telecommunications, turnover ratio
  • Adipic Acid - 1,071 words
    Adipic Acid SWOSU ICER98 submitted 2/23/98 Bart Barnett, Bill McKinley, Darren Toczko, Kevin Worley Adipic acid is one of the most used chemicals in the world today, conversly, it contributes significantly to the production of nitrous oxides (NOx), a greenhouse gas. Many methods are available to produce adipic acid, with various results and potential for pollution. The following paper discusses the impacts that adipic acid has on our society and the world's environment. At the end of the paper, is a list of some of the sources used for this topic. Any disagreements between the various sections of this article probably resulted from this being a group effort. Uses Adipic acid is a very import ...
    Related: acid, world today, western europe, united state, cable
  • Adp Security Evaluation - 1,938 words
    Adp Security Evaluation Valuation of a Security Automatic Data Processing, Inc. ADP April 7, 1999 Spring Hill College Management of Financial Resources Dr. Ralph Sandler ADP Automatic Data Processing, Inc. (NYSE:AUD) ADP is one of the largest independent computing services firms in the world with more than $4.5 billion in annual revenues and more than 425,000 clients. Founded in 1949, ADP provides computerized transaction processing, data communications, software, and information services to companies in virtually every industry. ADP Employer Services is the worlds largest provider of payroll services and human resource administration systems. It offers a comprehensive range of benefits, pa ...
    Related: data security, evaluation, security issues, world economy, most admired
  • Air Pollutin In Bratislava - 1,084 words
    Air Pollutin In Bratislava SLOVAKIA Name of Ministry/Office: Ministry of Foreign Affairs of the Slovak Republic, Department of International Economic Cooperation Date: 7 January, 1997 Economic Cooperation Dr. Jan Varso, Charg d' Affaires Mailing address: Stromov 1, 833, 36 Bratislava, Slovakia Telephone: 42-7-3704 214 Telefax: 42-7-372 326 Note from the Secretariat: An effort has been made to present all country profiles within a common format, with an equal number of pages. However, where Governments have not provided information for the tables appended to Chapters 4 and 17, those tables have been omitted entirely in order to reduce the overall length of the profile and save paper. Conseque ...
    Related: pest management, international council, monetary fund, transfer, drought
  • Air Traffic Strike - 4,516 words
    ... emands rested upon prevailing norms of workers' interests and power. Since World War II, labor leaders have placed a disproportionate amount of emphasis on economic gains, and the collective bargaining process has gravitated toward these areas. At the same time, management has carefully guarded its prerogatives from the bargaining process.24 In this context, it seems likely that in envisioning a future strike, controllers felt that wages could and should be one aspect of it. Yet wages were not the decisive factor for most, and their other demands, derived from a far more vital, ideological interest than economic gains, evoked their passionate and surprisingly unified response. Individual ...
    Related: strike, traffic, traffic control, traffic controllers, worlds apart
  • Airport Privatization - 1,436 words
    ... ant to have to worry about cleaning up anything that might be unearthed later. Problems with reuse As construction began, planners soon discovered that although the city was saving time and money by reusing Bergstrom, there were drawbacks. One example came the day after the Air Force vacated the base. All across Bergstrom, residents and employees had turned off the water when they left. The resulting water pressure was more than the old system of pipes could handle. The city field staff ran around for months chasing water leaks. The city soon discovered that much of the base's utility system could not be reused, resulting in one of the first increases in the airport budget. Utilities the ...
    Related: airport, international airport, privatization, international affairs, surrounding area
  • Alcoholism Should Not Be Viewed As A Disease - 1,753 words
    Alcoholism Should Not Be Viewed As A Disease Most people have a confused idea of alcoholism as a disease that invades or attacks your good health. Use of such a strong word such as disease shapes the values and attitudes of society towards alcoholics. A major implication of the disease concept is that what is labeled a disease is held to be justifiable because it is involuntary. This is not so. Problem drinking is a habit in which the so-called alcoholic simply has decided that the benefits of drinking outweigh the liabilities; it is all a matter of personal choice. An alcoholic participates in or causes many of their own problems by their behavior and the decisions they make, so why should ...
    Related: alcoholism, fetal alcohol syndrome, drug addiction, oxford university, goodwin
  • Alzheimers - 1,205 words
    Alzheimers Disease Alzheimers Disease is a progressive, degenerative disease that attacks the brain and results in impaired memory, thinking and behavior (Internet). It is a degenerative disease affecting nerve cells of the frontal and temporal lobes of the cerebrum of the brain. The disease is the major cause of presenile dementia (i.e., the loss of mental faculties not associated with advanced age) and is thought to be the largest single cause of senile dementia as well (Britannica, 306). It causes the connections between cells to become ineffective and the cells themselves to shutdown and eventually die (Davies, 1). Alzheimers is a progressive, irreversible, fatal neurologic disorder that ...
    Related: alois alzheimer, alzheimers disease, warning signs, mental illness, paranoia
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