Group auditing: Tiger pride enterprises
Case study - 9 pages - Accounting
Conventionally, in auditing, a component is a business activity for which the group or component management provides financial information to be included in the financial statements of the group. Group financial statements refer to the combined aggregated financial statements of the components...
Accounting for Customer Incentives
Essay - 2 pages - Accounting
In an effort to increase its customer base, Runway implemented a customer referral marketing campaign. Here, existing customers of Runway can refer a friend to it and receive $25 credit towards purchase of future merchandise. The terms and conditions are that the existing customer should refer a...
The incorporation of a company limited by shares as a form of corporate business organization
Case study - 15 pages - Accounting
There are a number of different business forms for each individual trader to hold and operate. However, the company limited by shares is the most popular form of business organization. A propriety company limited by shares may be a propriety (private) company or a public company limited by...
Fly in Fly out Operation
Case study - 4 pages - Accounting
The findings of a 2011 census were that over 200,000 Australians are in occupations that require Long Distance Commutes (LDC). Of these, miners represent 25% or over 64,000 workers who commute long distance daily to their places of work. The mining industry is, therefore, one of the key...
Apple Computer: Case study
Case study - 6 pages - Accounting
The iPhone basically provides its users with three features which include a mobile phone, an Internet device that can also be used for communication and an iPod that would allow its users to download and listen to music from the iTunes Music Store. The iPhone offers its users a different user...
RIM's Marketing Strategy
Case study - 2 pages - Accounting
RIM or Research in Motion is now known as Blackberry, a world-renowned name in wireless technology, which has transformed the cellular phone industry with its innovative line of products. The company has more recently launched a new mobile handset, the Z10 and claims to overhaul the user's...
The need for a balanced scorecard at MARSAMAROC 2012
Case study - 7 pages - Accounting
The Balanced Scorecard framework, proposed by Robert S. Kaplan and David A. Norton, is one of the most evident achievements of performance measurement revolution. Since 1980s many authors have realized the inadequacy of traditional performance measurement systems, based on traditional Managerial...
International accounting
Case study - 6 pages - Accounting
“According to statistics from the World Federation of Stock Exchanges, the value of trading in foreign companies accounted for 9.75% of all trading on the major stock exchanges in 2002”. This citation, also part of the Tweedie, D. Article in the Northwestern Journal of International Law...
Strategic analysis of Mercedes Benz
Essay - 28 pages - Accounting
Mercedes-Benz is a German brand of automobiles, buses, coaches and trucks from the DaimlerChrysler company (formerly Daimler-Benz), commonly known as Mercedes. Mercedes-Benz is the world's oldest automobile manufacturer and the origin of the company dates back to the 1880s, when Gottlieb Daimler...
Strategic analysis of Nissan group
Market study - 20 pages - Accounting
“As the crisis has evolved, Nissan has remained focused on the recovery, guided by our corporate recovery plan. Although our company is still operating in crisis mode, Nissan is on track toward a complete recovery. In fiscal year 2009, we returned to profitability after losses in the prior...
Conflict of interest at Walmart
Thesis - 4 pages - Accounting
Wal-Mart Stores, Inc. is the largest retailer in the world, and it was founded in 1962 by Sam Walton. It is expanding further throughout the world to penetrate the global market. Wal- Mart operates retail stores in the United State in three different segments: discount stores, supercenters and...
The link between financial reporting and capital markets: Evaluating the extent of development and use of International Accounting Standards
Essay - 4 pages - Accounting
“As capital markets play an increasingly central role in today's modern economies, policy-makers are confronted with the question of how to assure the continued effective functioning of these markets and, in particular, how to develop a sound financial reporting infrastructure.”...
Installation of a system of cost accounting in Monegasque (Morocco)
Dissertation - 84 pages - Accounting
Cost accounting has a double arsenal. As a first arsenal in the long term, it is probably very effective because it addresses the costs, and requires political courage of managers. This arsenal includes the planning, control equipment and staff and a real management control. A second arsenal is...
The Enron business and the financial statement of Michelin (2008)
Essay - 4 pages - Accounting
Enron was founded in 1985, and was one of the largest global corporations and the seventh biggest U.S. Company. It had become the world's leading energy brokerage firm. As a flourishing company, it publicly traded, and it seemed like a success story in the world of energy. But in 2001, the...
The tax on added-value (VAT)
Course material - 4 pages - Accounting
Value Added Tax (VAT) is an indirect tax on consumption that is paid by the consumer. The company is an intermediary between the consumer and the final state. The company acts as a collector of taxes, and VAT has no influence on the outcome. It is neither a burden nor a product for the company....
The conceptual framework of the financial statements in IFRS
Case study - 10 pages - Accounting
In March 2002, the European Council (under EC Regulation 1606/2002 OJ of 11 September 2002) has made mandatory the application of international accounting standards for consolidated accounts of listed companies from January 1, 2005. All the international standards adopted by the ARC (Accounting...
Do IFRS have a share of responsibility in the current financial crisis?
Essay - 13 pages - Accounting
The fourth quarter of 2008 witnessed a stock market crisis without precedent, perhaps the most violent ever known in the history of capitalism, as its aftereffects rippled throughout world economy. The implosion of the ‘sub-prime' mortgage market in the US caused major stock market crashes...
International standards of financial information (IFRS) and the concept of the right value
Case study - 5 pages - Accounting
The international financial environment is in constant transformation and hence, the International Financial Reporting Standards (IFRS) has been implemented. The setting up of the IFRS is a logical revision of the international financial system, particularly following the collapse of Enron in...
Study of standards of IAS (International Accounting Standards), of an international dimension, and comparison with principal rival of the US GAAP
Dissertation - 93 pages - Accounting
The last modification date of the French accounting plan was in the year 1999. This change has increased the rigor given to accounting in French companies. The (International Accounting Standards or the IAS are developed by members of the NCC with transparency. In Europe, the Commission...
Governance and management of income: an empirical study in the Tunisian context
Dissertation - 49 pages - Accounting
Through this research, one can define the concepts and theories of management results in the first chapter. In the second chapter, it will address the impact of governance mechanisms on the management statement. Finally, it will address this problem through an empirical study in the Tunisian...
Study of the IFRS/IAS standards
Dissertation - 42 pages - Accounting
The chief executive of KPMG, Jean-Luc Decornoy, had announced in June 2006 that the goal of harmonization of financial statements was not reached between accounts and areas between countries. This statement raises many questions about the reasons, and this is an invitation to reflect on the theme...
Are IFRS standards beneficial to the French companies?
Dissertation - 46 pages - Accounting
Multiple accounting policy discrepancies have raised awareness that a solution should be found to harmonize and unify accounting standards. Thus, in 1973, ten countries got together to try to respond favorably to this issue and they established the IASC (International Accounting Standards...
Managerial procedure methods for allocation of Job Costing
Thesis - 1 pages - Accounting
Learn the basics of accounting on how to use several kinds of accounting methods to define the cost of product and how it can be applied to profitability and overhead factors. Assessing the cost of goods is beneficial to profitability examination. In the production environment, many variables...
An overview of ratio analysis
Thesis - 4 pages - Accounting
Profitability ratios measure the firm's use of its assets and control of its expenses to generate an acceptable rate of return. Without profit, there is no cash and therefore profitability must be seen as a critical success factors. ROCE is decreased from 13.11% to 8.59% it means that store is...
Advanced corporate finance
Course material - 3 pages - Accounting
Stock A: ER = 5%, SD = 5%; Stock B: ER = 10%, SD = 10%; The correlation coefficient is 0.5. a) Show how you can create a portfolio with these two stocks which would have an ER of 8%. What is the SD of this portfolio? Formula : ?(Wa2 x oa2 + Wb2 x ob2 + 2 x Wa x Wb x oa x ob x pab) Standard...
International Accounting and Finance
Essay - 6 pages - Accounting
Since 2005, companies listed in the European stock exchange have to present their financial statements in accordance with the International Accounting Standards (IAS), rather than comply with their national reporting standards. According to the European Parliament, the creation of such standards...
German accounting rules are suitable for solely domestic companies but not for multinational enterprises. Discuss
Essay - 6 pages - Accounting
Following the Industrial Revolution in 1850 or so, the traditional German accounting appeared in an economic context fiercely influenced by banks. Indeed, for almost a century, banks had been the major financing sources for enterprises. After the WWII, the internationalisation of markets has led...
The accounting harmonization
Essay - 9 pages - Accounting
Firstly we will have to consider the relevance of international accounting in history and its requirements to be successfully implemented. Secondly we need to examine the benefits of implementing these international standards. Finally we have to conclude by sighting the significant obstacles with...
Understanding the concept of factoring
Thesis - 2 pages - Accounting
Factoring is a technique that involves a transfer of trade receivables from the holder (seller or participant) to a financial institution (the factor). The factor is responsible for ensuring the management and recovery, and guarantees the right in case of temporary or permanent failure of the...
The concept of depreciation in economics and accounting
Thesis - 3 pages - Accounting
In most companies, there is a continuous usage of machinery and other equipments as a part of its production process. The use of the production assets inevitably results in wear and tear / or obsolescence. Machines do not have an infinite life and are rapidly over taken by efficient technologies....
