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  • Manufacturing Airplane Case Study

    3267 Words  | 14 Pages

    QUESTION 1 1. What is the classic process followed in manufacturing airplanes? In which cases this process can be different? Five typical manufacturing processes (project, job shop, batch, line flow and continuous flow) have presented during the lean management course. An Airplane is the product of highly-efficient cooperation across the company’s global supply and manufacturing chains, as well as its decades of innovation for the air transport sector. This sections details how an airplane modern

  • Importance Of Internal Control In Accounting

    701 Words  | 3 Pages

    Internal control: In accounting and auditing we can define the internal control is process of an organization assuring and achieving the goals more efficiently and also operational effectiveness which are reliable to financial reporting and internal control and is also compliance with laws rules and regulations and policies. There are seven internal control procedures in accounting which are as follows: 1-reconciliations 2-trail balances 3-approval authorities 4-searation of duties 5-accsess

  • Bernard Ebbers In The Accounting Fraud

    851 Words  | 4 Pages

    This paper evaluates the role played by Bernard Ebbers in the accounting fraud committed by WorldCom and in its demise resulting in the largest bankruptcy, at that time, in US history. A brief history of the expansion of the company will be followed by an explanation of the business strategy and methods used to grow the company to provide the context for the evaluation of Ebbers leadership style and his contribution to the fraud According to Kidwell & Martin (2005), Bernard Ebbers started out with

  • Disadvantages Of Domino Contagion

    1905 Words  | 8 Pages

    Mark-to-market accounting is a key assumption made in the model described above which facilitates contagion through common portfolio holdings. In recent years there has been a considerable debate on the advantages and disadvantages of mark-to-market or fair-value accounting (FVA). Proponents argue that fair values for assets or liabilities reflect current market conditions and hence provide timely

  • Vyp's Five Forces Model

    1055 Words  | 5 Pages

    2.2 Porters Five Forces Analysis Bargain Power of Customers: High • VYP’s customers are very large broadcasting corporations, which gives the corporations high bargaining power. • The Indie market is saturated. Bargain Power of Supplier: Medium • There is a large number of outsourcing companies that specialize in a variety of services. • There is a large pool of actors and experienced directors to choose from in the market. Competitors’ Rivalry: High • There is a large number of production

  • Accounting Principle Of Coca Cola Company

    847 Words  | 4 Pages

    Question 1 a. Matching principle requires that expenses suffered by a business must be charged to the income statement in the accounting period with the income to which it relates. In the case of Coca Cola company, they treated shipping and handling costs in moving finished products from the manufacturer to the sales distribution centers as Cost of Goods Sold but the same cost of transportation to customer are considered as selling, general and administrative expenses in the income statement (Coca-Cola

  • Fair Value Accounting Case Study

    983 Words  | 4 Pages

    explore the relationship between executive compensation structure and fair value accounting in the context of business combination. Particularly, it examines the effect of CEO compensation including both earning based and equity based compensation structure on post-acquisition fair value measurement on merger and acquisition activities completed in U.S. context, after the application of the Statement of Financial Accounting Standards “SFAS” 142, Goodwill and Other Intangibles Assets, in July 2001, using

  • External Factors Used In Information Accounting

    2227 Words  | 9 Pages

    financial statements and accounting figures do not reflect current value figures, especially in the case of assets purchased at different accounting dates by the different organizations. Financial statements are generally not adjusted due to inflation effects which makes accounting ratios calculated having manipulation. Most times, profit in sales, net income and other key variables becomes insignificant where there is an adjustment in changes in price levels of accounting data. Where inflation arises

  • Core Ethical Issues Of External Accounting

    763 Words  | 4 Pages

    The core ethical issue of external accounting is that there is a vested interest on the part of companies to misrepresent their financial position in order to attract or maintain investment and lure the short-term profitability of the company. The principle ethical issue in auditing is a business interest on the part of auditors to collude with the auditee who is the source of the fees from which they obtain their income. Companies need the rules that are designed to counter the willingness of companies

  • Working Capital Ratio Analysis

    1112 Words  | 5 Pages

    profitability. METHODOLOGY OF THE STUDY Sources Of Data Primary Data Information gathered by discussions with finance department head and project guide. Secondary Data Company website Brochures and materials issued by the organization. Audited accounting reports Tools used for the analysis Ratio analysis A ratio is a statistical tool which provides a measure of the relationship between two or more variables or figures. This relationship can be expressed as a percent or as a