Accounting concepts are a set of rules that provide a basic framework to the financial reports created by companies. As financial reporting involves significant professional judgments by accountants, it becomes extremely important to get them right. Accountants must therefore actively consider whether the accounting treatments adopted are consistent with the accounting theories and principles.
Proper maintenance of the company's records ensures its healthy well-being and secures its survival for a long time. Thus, there are certain rules and concepts which must be understood beforehand to ensure the well-being of the company's accounts. Accounting concepts are taught at the various stages in the academics, each focusing on the different areas of the business. Students enrolling for an accounting course must go through the accounting concepts as they form the base of any accounting subjects. The students often face problems when they first come across the subject as they in their earlier academic pursuit are oblivious to this field of study. Therefore, they face problems with the subject. The assignment as especially taxing, so we at EssayCorp provide accounting concept help at a price that is unparalleled by the quality we offer.
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Given the mathematical and the financial nature of the subject it is only logical to postulate that students struggle with this subject. There are many different types of accounts that the student needs to understand. Under one particular subject of accounts like cost accounting; there are numerous concepts. All these create problems for the student. And like mathematics, this subject too requires impeccable precision in calculations and a complete dedication towards concentration. But don’t fret, accounting is not as bad as it looks, as long as these few things are kept in mind. And if you require any accounting concepts help you can approach us, we are EssayCorp, the premier assignment and homework help website.
Over time accounting has branched into many sub-segments, this mainly attributes to the evolution of business processes which has changed rapidly during the past few decades. All these branches of accounting have their own significance and need to be studied by a commerce or management graduate.
The major decibels of accounting are; financial accounting, cost accounting, managerial accounting, taxation accounting, government accounting, etc. These branches can be studied separately as a certification course or all in one as part of a graduate program.
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Accounting Concept and EssayCorp
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Choose a company in a part of the world and domain where you feel at ease, and which has both shares on the stock market and corporate bonds outstanding.Describe the company, consider the recent performance (e.g. five years) of the shares and the bond you have selected.You should probably use Morningstar as your source but you are not obliged to.Had you invested 50/50 in the bond and the share, what would your average annual return over the last five years have been.
You are required to write a case study. You will be trained in class on how to write this. You need to choose a company for your case study that is relevant to the topics covered in this unit.Your word limit is 3000 words plus or minus 10%. This excludes references that are at the end of the case study. Also, there should be NO appendices.
You work in the Finance division of the Essendon Manufacturing Company Ltd. The company is in the process of deciding whether or not to purchase a new die casting machine. Your company's Chief Financial Officer has asked you to prepare a report on this potential project, and to make a recommendation as to whether or not the company should proceed with the project.
Calculation of the Project IRR,Calculation of the Equity IRR,Calculation of the DSCR Calculation of Expected Return on Equity using CAPM,Calculation of the WACC,Recommendation to the Board on whether the project go ahead using project finance scheme? Give your reasons and justifications.
The research would cover history, development and adoption, the current market size, identify the leaders in the market and what gives them the competitive advantage. Its required to identify the current gaps or challenges encountered by users or customers of accounting software/packages and make relevant suggestions or recommendations.
Diva Designs has hired you to review their Accounts Receivable Department. The organisation is looking to improve efficiencies in this area. To make any recommendations, you must first understand the current process being undertaken. A transcript of your interview with the Accounts Receivable Manager is provided in Interact 2, in the Assessment folder in Resources.create a Level 0 logical data flow diagram to document the existing system for the accounts receivable process.