Accounting Resources (page 3)

The examiner expects you to demonstrate critical thinking about ethical and professional issues and the ability to construct an analytical and evaluative response to ethical dilemmas....

WHAT IS ACCOUNTING ABOUT? Accounting is about recording the effects of business transactions, conditions and other events under the double entry system of bookkeeping. Notice that ...

Under this model the group is regarded as a single economic entity providing resources to finance the operations of its constituent parts. Therefore all providers of equity capital a...

1. Company Overview 1.1. Our mission and history Play & Learn is an exciting start-up company whose objective is to emerge as a profitable company that develops educational toys for...

Purpose of Accounting Financial accounting is a system that involves recording, analysis and communication of financial information. The purpose of accounting is to provide financia...

AUDIT OF GROUP FINANCIAL STATEMENTS The following are the legal frameworks for group audits: 1. ISA 600 (Audit of Group Financial Statements) 2. IAS 14 (Accounting for segments...

ISLAMIC FINANCE /SHARIA COMPLIANT FINANCE Background Currently in Kenya there has been introduction of semi-pure system of Islamic banking by financial institutions such as First ...

Accounting software packages now plays a key role in some small and most medium and larger size businesses resulting in a mainstream move from manual accounting records and excel to m...

Chapter X: Valuation of shares X.A. What are shares? A share is a financial instrument that provides the holder with partial ownership of a company. A share is also commonly r...

Assets are used by entities predominantly to produce goods and services in order to generate cash and make profit, without any form of asset, company's operations will be impossible a...