Rodolfo can use budgets and performance report in determining whether to start manufacture of his product using Hi-Tech or concentrating as a broker or continuing with the current production method i.e. budgets and performance reports can be used to eliminate unprofitable segments. This will be done through comparing the profitability generated by different market segment. Through adopting a hi-tech method of production Rodolfo can be […]

AAAJ 12,3 “Interests” and accounting standard setting in Malaysia Faculty of Business and Accountancy, University of Malaya, Kuala Lumpur, Malaysia Keywords Accounting profession, Malaysia, Standards Abstract This paper offers insights into the conflicts and tensions within the Malaysian accounting profession and the power struggle therein to dominate the accounting standard setting process, within the context of a rapidly developing country. It shows how interest groups […]

An accounting entity is any organizational unit for which financial and economic data are gathered and processed for the purposes of decision making (Hillman, Kochanek and Norgaard, 1992, p. 15). The purpose of an entity is to work for the good of all the stakeholder groups and obtain funds at favorable rates to create future profits (Boland, 2010, pp. 41-44). •Rights of the stakeholders of […]

Memo on the accounting analysis of two companies of In and Out and KFC Companies. Introduction: Kentucky Fried Chicken (KFC) was incorporated in 1955and until 1997 a wholly owned subsidiary of Pepsi Company; inc.It operates over five thousand units in USA which is approximately 60% of franchises in the world. It’s the largest fast-food chicken operator and franchiser in the world. It has over three […]

A company is considering the following alternatives: Alternative Alternative 2 Revenues $120,000 $120,000 Variable Costs S 60,000 $60,000 Fixed costs $35,000 $35,000 Which of the following are relevant in choosing between the alternatives? 2. ) Adler Company manufactures a product with the following costs: unit Variable Cost $50 Unit Fixed Cost $24 Total Cost per unit $74 The company normally sells 10,000 units at a […]

Essay Question 1 What are the main benefits and challenges of implementing a lean accounting system in a lean manufacturing environment? Do you anticipate interest in lean accounting will grow, the methods will change, or the concepts will fade out and be replaced with another ‘flavor of the month’? How do you perceive lean principles affecting your career? Justify your answers. I. Lean Accounting Lean […]

Contents 1. Introduction2 2. Main Body2 2. 1 Ratio Analysis2 2. 1. 1 Profitability3 2. 1. 2 Efficiency4 2. 1. 3 Liquidity6 2. 1. 4 Risk7 2. 2 Evaluation of Mulberry’s shares as a potential investment7 2. 2. 1 Revenue and Share price8 2. 2. 2 Return10 2. 2. 3 Risk14 2. 3 Funding and capital analysis15 2. 3. 1 Funding analysis15 2. 3. 2 […]

Abstract This study is focused on identifying the value of accounting disclosure in the UK capital market, citing the relationship between market capitalisation and money raised of 50 selected LSE-listed companies. The data of these companies are obtained from the database of the London Stock Exchange website. Non-probability sampling is adopted in selecting these companies from a list of 350. Linear regression is adopted to […]

Abstract The accounting profession like any other is governed by code ethical principles that determine how decisions are made and actions taken. This is because of the fact that professions are established primarily to serve the society, the services provided to the society are so crucial that, high standards of expertise and integrity are required. [Behrman, J. N. (1988)] In order to exercise expertise and […]

This study will supply a brief history and background on the procedure of harmonisation in the European Union with respects to the 2 methods it employed: Directives and IFRS acceptance. By supplying a footing for which harmonisation can be understood and why it is necessary, this study strives to clarify the successes and failures of the methods. In peculiar, the issues that arose during the […]