Accounting

Traditionally companies have been only contend with reporting on what is legally required of them i. e financial statements. Environmental and social reports, which form the core of corporate social reporting, featured less prominently in the company’s annual report. This trend however, changed in the 1990s where many companies started to incorporate corporate social reports […]

Starbucks Case Part I – Prior to reading Starbuck’s Form 10-K, please answer the following questions. Your answers should be based upon your general knowledge of Starbucks, gained from visiting their stores, purchasing their products and/or observing them in the marketplace. a. Up until the economic downturn (Fall of 2008) what do you believe was […]

CHAPTER 12 Statement of Cash Flows Study Objectives 1. Indicate the usefulness of the statement of cash flows. 2. Distinguish among operating, investing, and financing activities. 3. Explain the impact of the product life cycle on a company’s cash flows. 4. Prepare a statement of cash flows using the indirect method. 5. Use the statement […]

I`m writing this letter to analyses the circumstances under which a business would adopt a computerized accounting system instead of a manual one. Computerized accounting systems are software programs that are stored on a company’s computer, network server, or remotely accessed via the Internet. Computerized accounting systems allow you to set up income and expense accounts, such […]

Introduction The Game Group plc is a UK based Investment Company. It is specialised in the retail of video games and personal computers through retail outlets and eCommerce sites (Google Finance, 2013). On the 21st of March 2012, the company officially filed for administration as it became evident that it could no longer continue as […]

 A Case Study and Analysis             Arthur Anderson, one of America’s “big five” accounting firms, was forced out of business after nearly ninety years.  This was the result of employing a specific business model, and a chain of recurring events that followed the execution of that business model. Facts             Arthur Andersen began as an […]

Accounting is basically an information system. Its primary objective is to collect and process relevant data in order to show the actual status of an enterprise in the form of financial statements. The information contained in the financial statements is then communicated or made available to all concerned external and internal parties who are the […]