Upgrade Your Account Now Essays and Term Papers
Last update: December 3, 2015-
Why Xbrl Is Necessary for Grant Accountability
University Grants and the eXtensible Business Reporting Language (XBRL) Why XBRL is Necessary for Grant Accountability Abstract This paper explores the world of grant accounting and why eXtensible Business Reporting Language (XBRL) would revolutionize the accounting of grant funds. Federal grant funds in 2010 exceeded $900 billion dollars (AICPA, 2009). XBRL is a programming language, often referred to as a "bar-coding" system. XBRL would provide thorough accountability of grant funds through detailed taxonomies. This paper
Rating:Essay Length: 7,439 Words / 30 PagesSubmitted: September 12, 2011 -
Agency Cost - How Does It Relate to Fair Value and Historical Cost Accounting?
1) Agency theory Agency theory is defined as a theory developed to explain and predict the actions of agents and principles. A common assumption of this theory is that both principle and agents are wealth maximizes whose interests are not aligned (Godfrey et al., 2006 p.665). How does it relate to fair value and historical cost accounting? Considering the current paradigm of shifting towards fair value accounting has resulted in increasing management efficiency and thus,
Rating:Essay Length: 360 Words / 2 PagesSubmitted: September 12, 2011 -
Financial Accounting Principles and Analysis
Financial Accounting Principles and Analysis Ethical Analysis of Lakeside Slammers, Inc. Financial Statement By October 19, 2010 Problem 3. On the basis of the revised financial statements I am now facing fraud. The information regarding the season ticket revenue does not provide reliable information to an outsider. Revenue is recognized when both of the following are met; revenue is earned or revenue is realized. Because 2008 season tickets are for 2008 games by definition this
Rating:Essay Length: 446 Words / 2 PagesSubmitted: October 4, 2011 -
How Does Managerial Accounting Adds Value to an Organization?
Managerial accounting creates/records/analyzes internal data that helps the company find faster, better, and less expensive ways to do things. This is similar to/can be called cost accounting where (in a manufacturing setting) relationships are found between the price of materials, the rate of wages to use materials of different quality, and the time needed by various skill levels to use the materials. The goal is to find the best combination of price, wages, and skill
Rating:Essay Length: 511 Words / 3 PagesSubmitted: October 7, 2011 -
Accounting Case
there are many different things to learn about the accounting world. First off i would like to explain those things to you in my essay. Accounting mainly deals with numbers, adding, subtracting, multiplying and dividing. It also can be a part of the payroll world.Payroll is important to many businesses all around the world. For this is how people get paychecks as well as vendors and companies getting their income. SO many people think that
Rating:Essay Length: 279 Words / 2 PagesSubmitted: October 12, 2011 -
Financial Accounting Test Chapter 1
1.The origins of accounting are generally attributed to the work of Luca Pacioli. 2.The first step in solving an ethical dilemma is to recognize an ethical situation and the ethical issues involved. 3.The private sector organization involved in developing accounting principles is the Financial Accounting Standards Board. 4.The SEC and FASB are two organizations that are primarily responsible for establishing generally accepted accounting principles. It is true that the SEC often mandates guidelines when no
Rating:Essay Length: 316 Words / 2 PagesSubmitted: November 14, 2011 -
Photosynthesis Accounting Cycles
Photosynthesis is the process by which plants convert Carbon dioxide and solar energy into a sugar called glucose; this glucose is the plants main food source and oxygen is the byproduct of this process. The photosynthesis process occurs mainly in the chloroplasts in the leaves of plants as they absorb the carbon dioxide through adjustable pores called stomata. Also located inside of the leaf are the mesophyll; the mesophyll contain much of the chloroplasts that
Rating:Essay Length: 851 Words / 4 PagesSubmitted: November 27, 2011 -
The Accounting Cycle
Define: Accounting Cycle-- the accounting period of a business is separated into activities that help a business keep its accounting record in an orderly fashion. There are NINE steps in the Accounting Cycle. The first three steps are: Step 1: Collect and verify source documents Analyze each transaction Journalize each transaction The following are several types of source documents (they can be generated by hand, machine or computer) o invoice Lists specific information about
Rating:Essay Length: 308 Words / 2 PagesSubmitted: December 1, 2011 -
The Account and Analysis of an Argument
The Account and Analysis of an Argument Misinterpretations seem to happen a lot now-a-days. Many things are unclear so as a society people tend to pick sides. It is either black or white. People do not really see the gray area in situations or ideas. People do not usually open their minds to the possibility that things are not really what they seem to be. Or that words can be interpreted differently depending on who
Rating:Essay Length: 862 Words / 4 PagesSubmitted: December 7, 2011 -
Development and Causes of International Accounting Differences
Development and Causes of International Accounting Differences International accounting: Accounting for international transactions, comparisons of accounting principles in different countries, and harmonisation of diverse standards world-wide. Factors Influencing the Development of Accounting and Disclosure in a Global Economy 1. Corporations as legal entities The recognition of corporations as separate legal entities with public share ownership in the UK and US has been highly influential in the development of accounting and disclosure to protect the creditors
Rating:Essay Length: 1,030 Words / 5 PagesSubmitted: January 1, 2012 -
An Analytical Account of Coaching for Professional Development
The Analytical Account Write an analytical account about the case you have presented. Following your own presentation and having witnessed the presentation of other participants on the course, develop your thinking further about the relationship between theory and practice in the workplace. Critically evaluate your own professional development needs and/or outcomes. Use this reflection to develop your own personal theory with regard to coaching for professional development and with due regard to issues of equity
Rating:Essay Length: 1,393 Words / 6 PagesSubmitted: January 3, 2012 -
Accounting Case
Select one of the liquidity ratios covered in this course and tell us what it measures and how it is used in evaluating the financial position. Generally, about Liquidity Ratios, the higher the value of the ratio, the larger the margin of safety that the company possesses to cover short-term debts. The current ratio is a more dependable indicator of liquidity than working capital. The current ratio is a popular financial ratio used to test
Rating:Essay Length: 279 Words / 2 PagesSubmitted: January 5, 2012 -
Accounting & Business Resolution
Accounting & Business Resolution Unit III Explain to your staff at least 2 ways in which accounting data are used to make business decisions? The chief financial officer is a corporate executive having the financial authority to make appropriations and authorize expenditures for this company and to determinate the best course of action. The main objective of accounting department in this company is to put into effect a methodical procedure to report, record, and analysis
Rating:Essay Length: 347 Words / 2 PagesSubmitted: January 8, 2012 -
Financial Accounting
Contents Part 1 1. Trial Balance of Arctic Supplies 2. Trading, Profit and Loss Account for Arctic Supplies 3. Balance Sheet of Arctic Supplies 4. Accounting Standards 5. Realisable Value 6. Stakeholders 7. Accounting Methods 8. Types of Business Organisations 9. Memorandum of Association 10. Production of Final Accounts 11. Notes To The Accounts Part 2 12. Accounting Ratios 13. Limitations of Ration Analysis Bibliography Part 1 Arctic Supplies is a wholesaling business. As book-keeper
Rating:Essay Length: 2,183 Words / 9 PagesSubmitted: January 22, 2012 -
Upgrade and to Fix Known Problems in Computer Network
PROPOSAL Robert Ritchie Kaplan University Table of contents Table of contents 2 Introduction 3 Goals 3 & 4 Updating operating system 4 Eliminating noise or interference 4 & 5 Security 5 & 6 VoIP 6 Summary 7 Network before upgrades and enhancements 8 Network after upgrades and enhancements 9 Timeline 10 Vendors and cost of equipment 10 & 11 References 12 Introduction This is a proposal to upgrade and to fix known problems in my
Rating:Essay Length: 2,689 Words / 11 PagesSubmitted: January 22, 2012 -
Wall Street and Its Relation to Financial Accounting
Wall Street is a movie written and directed by Oliver Stone. It was released in 1987 and it is about a young and ambitious stockbroker, Bud Fox, is eager to get to the top. His hunger for being in the top leads him to forget about ethical behavior and start trading illegally inside information for a greedy, Gordon Gekko, that takes advantage of him. At the beginning, like any young person, Fox is enjoying his
Rating:Essay Length: 657 Words / 3 PagesSubmitted: January 25, 2012 -
Accounting for Lease
Accounting for Lease How to classify and account for lease for lessor To record a lease, first we need to determine what type of lease it is. There are basically three types of leases for lessor: operating, direct-financing and sales-type lease. The Financial Accounting Standards Board (FASB) set two groups of criteria, which are shown below, to distinguish different leases. For the lessor, If the lease meets any one of the four Group I criteria
Rating:Essay Length: 2,445 Words / 10 PagesSubmitted: February 1, 2012 -
Accounting 291 Exercises
E10-6 According to the accountant of Ulner Inc., its payroll taxes for the week were as follows: $198.40 for FICA taxes $19.84 for federal unemployment taxes $133.92 for state unemployment taxes Payroll Tax Expense: $352.16 Instructions Journalize the entry to record the accrual of the payroll taxes. Record accrual of payroll taxes. (SO 3) Ulner Inc. Payroll Tax Accrual Page1 Date Description Post Ref. Debit Credit 1 Payroll Tax Accrual Expense $352.16 1 2 FICA
Rating:Essay Length: 4,394 Words / 18 PagesSubmitted: February 7, 2012 -
The History of the Financial Accounting Standards Board
The History of the Financial Accounting Standards Board Davenport University Abstract This paper discusses the history and background of the Financial Accounting Standards Board (FASB). The primary goal of the FASB is to devise the Generally Accepted Accounting Principals (GAAP) in the United States. This paper will also discuss the structure and function of the FASB and its standards. Finally, the paper will discuss the future as the FASB and the International Accounting Standards Board
Rating:Essay Length: 2,929 Words / 12 PagesSubmitted: February 9, 2012 -
Public Company Accounting Oversight Board Firm Rotation
Mina Boutros Dr. Vincent O'Reilly Ethics and Professionalism in Accounting December 9, 2011 Public Company Accounting Oversight Board 1666 K Street, N.W. Washington, D.C. 20006-2803 18 November 2011 PCAOB Rulemaking Docket Matter No. 37 Concept Release on Auditor Independence and Audit Firm Rotation I believe auditor independence, objectivity and professional skepticism are of paramount importance as underpinnings of confidence in the audit profession. Such attributes are central to the accounting profession and the industry. The
Rating:Essay Length: 1,115 Words / 5 PagesSubmitted: February 10, 2012 -
Fictional Account: The Great West
Tara Miller 01/18/2012 Fictional Account: The Great West Journal Entry August 4, 1885 I secured a job with the railroad with in days of arriving here and am working hard to get my son and wife here with me. I miss them terribly and not having a family to come home to at the end of a long day is quite difficult. I ate the last of the bread that my sweet Ida sent me
Rating:Essay Length: 374 Words / 2 PagesSubmitted: February 22, 2012 -
Interpretation of Accounting Earnings by Accountants and Non-Accountants
ABSTRACT The main aim of the research is to understand the interpretation of accounting earnings by accountants and non-accountants, and its underlied accounting concepts. This research is motivated by the fact that accounting earnings is one of many simbols in the financial statements used to representing certain reality in the communication space. Equality of accounting earning interpretation in that communication space will determine the communication effectivity. Based on hermeneutics, or particularly named as an interpretive
Rating:Essay Length: 503 Words / 3 PagesSubmitted: February 27, 2012 -
Appendix G Accounting
Julie Molony opened Julie's Maids Cleaning Service Inc. on July 1, 2008. During July, the company completed the following transactions. July 1 Issued $14,000 of common stock for $14,000 cash. 1 Purchased a used truck for $10,000, paying $3,000 cash and the balance on account. 3 Purchased cleaning supplies for $800 on account. 5 Paid $1,800 on a one-year insurance policy, effective July 1. 12 Billed customers $3,800 for cleaning services. 18 Paid $1,000 of
Rating:Essay Length: 321 Words / 2 PagesSubmitted: February 27, 2012 -
Accounting Case
This is th beginning of new things. I like math but accounting is a challenge. I am here to learn all I can to enhance my knowledge of the accounting world. This will be an adventure for me in the world of business. Accrual basis accounting is a method that measures the performance and position of a company by recognizing economic events regardless of when the cash transactions take place. The idea of accrual basis
Rating:Essay Length: 319 Words / 2 PagesSubmitted: February 28, 2012 -
Accountability in the Military
From the top to the bottom, how can you plan for an action if you do not even know where all of your troops are? What happens when you conduct a movement and realize that you just left 5 people behind? The United States Army requires that all personnel and soldiers be accountable for themselves, their equipment and at times their fellow soldiers. The level of accountability that you have generally increases with rank, responsibility
Rating:Essay Length: 272 Words / 2 PagesSubmitted: February 29, 2012