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Finance and Accounting

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Accounting Principles

by Tina S | Dec 20, 2009
Generally Accepted Accounting Principles
  There are general rules and concepts that govern the field of accounting. These general rules—referred to as basic accounting principles and guidelines—form the groundwork on which more detailed, complicated, and legalistic accounting rules are based. For example, the... »read more
Rating: 0 1 2 3 4 5 | Views: 1740 | Finance and Accounting

Challenges And Aspects Do Matter In Rating MFIs

by Tina S | Mar 14, 2010
to determine the weight for the variables to consider them for the five areas of CAMEL.
A major problem with the rating of MFIs is  to select the variables responsible for as there is no specific framework for that so that statistical significance can be tested. The challenges of the study is to determine what aspects do matter with the rating of MFIs. Why the existing... »read more
Rating: 5 Rating 1 Rating 2 Rating 3 Rating 4 Rating 5 | Views: 2006 | Finance and Accounting

Canons of Taxation

by Tina S | Nov 27, 2009
Basic Principles of Taxation
  The term “taxation” comes from Latin word “Taxation”. It means too determine he payable quantum on estimate. Taxing authority determines tax to be payable by the assesse. So Tax is the revenue collected by the Government from persons and organizations under... »read more
Rating: 0 1 2 3 4 5 | Views: 26925 | Finance and Accounting

Mental Accounting

by Tina S | Jan 17, 2010
An economic concept established by economist Richard Thaler.
  A concept first named by Richard Thaler (1980), mental accounting attempts to describe the process whereby people code, categorize and evaluate economic outcomes.  Definition:   An economic concept, which contends that individuals divide their current and future assets... »read more
Rating: 0 1 2 3 4 5 | Views: 2132 | Finance and Accounting

Inventory Costing Methods - FIFO,LIFO and Average Cost

by Tina S | Dec 15, 2009
Explain the basis accounting unventories and describe the inventory cost flow methods
LIFO, which stands for "last in, first out," and FIFO, which stands for "first in, first out," are terms commonly used in inventory control, in cost accounting and in computer science. They all stand for literally the same phrases, but it means something different in each... »read more
Rating: 5 Rating 1 Rating 2 Rating 3 Rating 4 Rating 5 | Views: 3415 | Finance and Accounting

Asset Valuation

by Tina S | Jan 30, 2010
Net Asset Value is the market value of the assets of the scheme minus its liabilities.
In finance, valuation is the process of estimating the potential market value of a financial asset or liability. Valuations can be done on assets (for example, investments in marketable securities such as stocks, options, business enterprises, or intangible assets such as patents and... »read more
Rating: 0 1 2 3 4 5 | Views: 2001 | Finance and Accounting

these four jewelry are the items that need the WOW gamers

by wangpanpan wangpanpan | Apr 8, 2013
these four jewelry are the items that need the WOW gamers
In a term, these four jewelry are the items that need the WOW gamers who want to offer them must achieve level 80. By the way, they are all deserving a sum of WOW gold.We encourage the most experienced Field combatants to get into the new Realm of World of warcraft International Field Competition... »read more
Rating: 0 1 2 3 4 5 | Views: 1182 | Finance and Accounting

Importance of Historical Cost Accounting

by Tina S | Nov 5, 2009
How is historical accounting better than alternatives?
Historical Cost Accounting is a traditional valuation method as it reflects only on the past cost of the asset, however in the contemporary business environment companies must remain flexible and transparent. This belief has lead to the creation of several other valuation methods, due to... »read more
Rating: 0 1 2 3 4 5 | Views: 14123 | Finance and Accounting

DETERMINING THE PAYROLL

by Tina S | Nov 14, 2009
Payroll Accounting and Determination
Payroll Accounting: The term “payroll” pertains to both salaries and wages. Managerial, administrative and sales personnel are generally paid salaries. Salaries are often expresser in terms of a specified amount per month or per year rather than an hourly rate. For example: in... »read more
Rating: 0 1 2 3 4 5 | Views: 1478 | Finance and Accounting

Deductive Reasoning

by Tina S | Feb 1, 2010
Deductive reasoning, or deduction, starts with a general case and deduces specific instances.
Deductive reasoning is one of the two basic forms of valid reasoning. While inductive reasoning argues from the particular to the general, deductive reasoning argues from the general to a specific instance. The basic idea is that if something is true of a class of things in general, this... »read more
Rating: 0 1 2 3 4 5 | Views: 1824 | Finance and Accounting

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