Observations have been made as well verification of documents and analysis of certain procedures. Apparently, there is lack of control in some areas which highly encourage commitment of fraud. Herewith are my…
Fraud is a serious matter, in fact a criminal offense. However, it is mainly the management’s responsibility to impose policies and set guidelines for its employees. Control features such as daily cash report and periodic audit must be institutionalized so that the company’s financial interest would be ...
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ications such as a Certified Public Accountant (CPA) or Certified Financial Planner (CFP) can help aspiring business workers increase their income and better serve their customers. Over the years the consumer has become a bigger priority due to the global competition. If one
the balance sheet was “pumped up” to hide the huge debts of the company and keep the investors, majority of the employees, and government in dark about the true state of affairs. The transaction to inflate the value cannot be said to be at arms’ length as the parties
I will also assume that the coat has been freshly pressed, is wrinkle-free, and that you are right-handed. One or two trial runs should be enough to learn how to put on a coat.
In a simple coat, the frontal left half overlaps the right,
Today, after the world gained globalization, this issue has been eradicated and guidance materials such as the International Financial Reporting Standards and the Generally Accepted Accounting Principles
The fact that he asked his CPA subsequently about the possible deduction was a proof of that good faith. After inquiry, it was only at that point when the accountant denied having given consent on the prior claim for deduction made. In fact, he did not hide it to
My Muslim background has shown me how I should live in the world. More specifically, my faith has allowed me to feel compassion for those less fortunate than I. Growing up in Saudi Arabia helped me to learn in a safe world, yet I was also well aware of the problems in the
The difference between opening bank balance and the closing bank balance gives a cash flow statement. Income statement on the other hand is given by the difference between revenues and expense (Gill & Chatton, 1999). A
It gives information related to customers, their preferences and satisfaction, internal operation and innovations in a company.
The balanced score card can be used to measure performance in several ways because it is a comprehensive tool containing
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