Thesis in Audit and Accounting - subject ideas needed?
Anyone got any good ideas on a subject for a Thesis for a Masters Degree in Audit and Accounting?
Other - Business & Finance - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
How much of a charity's income REALLY goes straight to the beneficiaries? The difficulties, for charities, of finding ethical suppliers of services - say, accountants for example!
Answer 2 :
What went wrong in audit objective and procedures at Enron? What has been done to try to prevent a reoccurence in future situations like Enron's? Are the measures adopted likely to achieve their purpose? What else should be done?
Answer 3 :
The aftermath of Enron - changes in audit practise with specific reference to the excessive controls now required by Auditors as they attempt to shift their liability to the Directors. A sub section on the additional costs of a non US company trading in America. PS I would appreciate a copy if possible.
Answer 4 :
'How can auditors who are being paid by the companies they audit remain objective?'
Answer 5 :
sorry but as a masters student shouldn't you have some sort of interest in your chosen subject to be able to generate your own ideas? The Enron examples are quite well covered already and have resulted in many changes in legislation, corporate governance and financial reporting. There's probably also alot of material that you can copy if you want to. You can take a look in Accountancy magazine to see what are the current issues.
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Thursday, March 28, 2013
Thursday, March 14, 2013
Which A Levels for Accounting?
Which A Levels for Accounting?
I want to choose Maths, Further Maths, Economics and Physics for A levels in Sixth form, I chose Economics, Physics and Maths over Accounting because Uni's encourage people with these subjects, altough thats what i have heard?Is it true?
Higher Education (University +) - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
don't do accounting at A-level.... it'll put u at a disadvantage when applying for uni. for example, LSE discourages Accounting and Business A-levels for students applying for an accounting and finance course... do the further maths :P
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I want to choose Maths, Further Maths, Economics and Physics for A levels in Sixth form, I chose Economics, Physics and Maths over Accounting because Uni's encourage people with these subjects, altough thats what i have heard?Is it true?
Higher Education (University +) - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
don't do accounting at A-level.... it'll put u at a disadvantage when applying for uni. for example, LSE discourages Accounting and Business A-levels for students applying for an accounting and finance course... do the further maths :P
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Thursday, March 7, 2013
What does Accounting Harmonisation mean?
What does Accounting Harmonisation mean?
Higher Education (University +) - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
http://www.termpapergenie.com/accounting_harmonization.html
Answer 2 :
The AASB has been directed to harmonise GAAP and GFS reporting into “a single set of government reports which are auditable, comparable between jurisdictions, and in which the outcome statements are directly comparable with the relevant budget statementsâ€. The AASB has interpreted this direction as follows: • Harmonisation is to apply to all public sector entities: o whole-of-government reporting by State, Territory and Commonwealth governments; o reporting by entities within the General Government Sector (GGS), such as Departments; and o local governments. Harmonisation does not mean the replacement of existing GAAP with GFS. Rather, the principle is “convergence to a high quality standard†with consideration being given to definition, recognition, measurement, presentation and/or disclosure requirements. This is a point of contention with some jurisdictions, as some jurisdictions consider that the outcome of this harmonisation project should be financial statements that materially match the financial information, or at least the key financial totals, published by the Australian Bureau of Statistics. This issue has yet to be fully resolved also:- Harmonisation does not require the AASB to develop standards for budgetary reporting.
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Higher Education (University +) - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
http://www.termpapergenie.com/accounting_harmonization.html
Answer 2 :
The AASB has been directed to harmonise GAAP and GFS reporting into “a single set of government reports which are auditable, comparable between jurisdictions, and in which the outcome statements are directly comparable with the relevant budget statementsâ€. The AASB has interpreted this direction as follows: • Harmonisation is to apply to all public sector entities: o whole-of-government reporting by State, Territory and Commonwealth governments; o reporting by entities within the General Government Sector (GGS), such as Departments; and o local governments. Harmonisation does not mean the replacement of existing GAAP with GFS. Rather, the principle is “convergence to a high quality standard†with consideration being given to definition, recognition, measurement, presentation and/or disclosure requirements. This is a point of contention with some jurisdictions, as some jurisdictions consider that the outcome of this harmonisation project should be financial statements that materially match the financial information, or at least the key financial totals, published by the Australian Bureau of Statistics. This issue has yet to be fully resolved also:- Harmonisation does not require the AASB to develop standards for budgetary reporting.
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Friday, March 1, 2013
why is accounting referred to as a social science?
why is accounting referred to as a social science?
Economics - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
This is a great question. Economics is a social science; accounting is a profession. Both seem to me to be about mathematics. I guess that economics is mathematics complicated by people and their social habits which is not predictable enough to experiment with in the scientific way.
Answer 2 :
I think that you are probably confusing 'Accountancy' with 'Economics'. The former is not a social science, whereas the latter, is. Economics, involves human behaviour and the choices they make. I was an Accountant, but, thank goodness, not an Economist, although Economics was included within our syllabus.
Answer 3 :
Because it is not an exact science (like physics or zoology). Many of the figures in a company's annual report are adjustable depending on the outcome the Chairman wants to present.
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Economics - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
This is a great question. Economics is a social science; accounting is a profession. Both seem to me to be about mathematics. I guess that economics is mathematics complicated by people and their social habits which is not predictable enough to experiment with in the scientific way.
Answer 2 :
I think that you are probably confusing 'Accountancy' with 'Economics'. The former is not a social science, whereas the latter, is. Economics, involves human behaviour and the choices they make. I was an Accountant, but, thank goodness, not an Economist, although Economics was included within our syllabus.
Answer 3 :
Because it is not an exact science (like physics or zoology). Many of the figures in a company's annual report are adjustable depending on the outcome the Chairman wants to present.
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Thursday, February 28, 2013
I have working experience of accounts and have been working with computerized accounting, if some one need me?
I have working experience of accounts and have been working with computerized accounting, if some one need me?
Careers & Employment - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
looking in the anchorage news paper..
Answer 2 :
Sounds like this guy needs you: http://answers.yahoo.com/question/index;_ylt=AlmK_vBpIEEX59kjzz5X_Krzy6IX?qid=1006032200337
Answer 3 :
Hi Asif, Contact me .. I am looking for some good expertise to help file my taxes this year.
Answer 4 :
i am selling my farm property and i would like to know if i have to pay capital gains tax in the state of michigan? it is 56 acres and i have to pay the ex wife 50,000 dollars for divorce settlement, any info would be appreciated,, thank you
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Careers & Employment - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
looking in the anchorage news paper..
Answer 2 :
Sounds like this guy needs you: http://answers.yahoo.com/question/index;_ylt=AlmK_vBpIEEX59kjzz5X_Krzy6IX?qid=1006032200337
Answer 3 :
Hi Asif, Contact me .. I am looking for some good expertise to help file my taxes this year.
Answer 4 :
i am selling my farm property and i would like to know if i have to pay capital gains tax in the state of michigan? it is 56 acres and i have to pay the ex wife 50,000 dollars for divorce settlement, any info would be appreciated,, thank you
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Thursday, February 14, 2013
Help needed in accounting Asap please ?
Help needed in accounting Asap please ?
Jim Yule runs a retail outlet and usually prepares the annual accounts himself on 31 July each year. He’s discovered you are studying accounting and has the following questions for you I’ve read that I should depreciate all my fixed assets: including the business premises. Why should I do this when they are going up in value?†Answer Jim’s questions, explaining in each case the entries required to the profit and loss account and the balance sheet, justifying the treatment in accordance with accounting principles
Other - Business & Finance - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
All assets depreciate as they get older. Even if they are going up in value, it is illegal to raise their value in the books. If you happen to sell your asset for more than the value you have it for on the books, you can mark the difference as profit. I'm a bit rusty. I don't remember everything from my accounting classes. Sorry. I know that the account for assets should stay at whatever you paid. Then a new account should be added for depreciation. then if you sell the asset, any profit or loss is marked in another account.
Answer 2 :
You have to depreciate assets, the depreciation is an expense in th P&L and then in the Bal Sheet you have to put in Fixed Assets as a title, underneath you need to state cost, the depreciation and then the NPV, you should consider mentioning SSAP 12 & FRS 15 which deals with the treatment of tangible fixed assets and depreciation of them. Also this is a great website to use http://www.accountingcoach.com/
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Jim Yule runs a retail outlet and usually prepares the annual accounts himself on 31 July each year. He’s discovered you are studying accounting and has the following questions for you I’ve read that I should depreciate all my fixed assets: including the business premises. Why should I do this when they are going up in value?†Answer Jim’s questions, explaining in each case the entries required to the profit and loss account and the balance sheet, justifying the treatment in accordance with accounting principles
Other - Business & Finance - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
All assets depreciate as they get older. Even if they are going up in value, it is illegal to raise their value in the books. If you happen to sell your asset for more than the value you have it for on the books, you can mark the difference as profit. I'm a bit rusty. I don't remember everything from my accounting classes. Sorry. I know that the account for assets should stay at whatever you paid. Then a new account should be added for depreciation. then if you sell the asset, any profit or loss is marked in another account.
Answer 2 :
You have to depreciate assets, the depreciation is an expense in th P&L and then in the Bal Sheet you have to put in Fixed Assets as a title, underneath you need to state cost, the depreciation and then the NPV, you should consider mentioning SSAP 12 & FRS 15 which deals with the treatment of tangible fixed assets and depreciation of them. Also this is a great website to use http://www.accountingcoach.com/
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Thursday, February 7, 2013
Are there any universities in the uk where i can study joint actuary and accounting?
Are there any universities in the uk where i can study joint actuary and accounting?
except swansea
Studying Abroad - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
No, there are none other than Swansea. If you type accounting into the UCAS course search, none of them list actuarial studies and accounting, or a variant of this except for Swansea. I've done this for you: http://search.ucas.com/cgi-bin/hsrun/search/search/StateId/D7JZJ3_WVy-AD9xdbH5keu4YCk64o-Vo5B/HAHTpage/search.HsSearch.submitForm?txtSubject=accounting&cmbQual=&cmbAttend=&cmbInst=&button1.x=24&button1.y=11 See, only Swansea has it: http://search.ucas.com/cgi-bin/hsrun/search/search/StateId/D7JZJ3_WVy-AD9xdbH5keu4YCk64o-Vo5B/HAHTpage/search.HsSearch.submitForm?txtSubject=acturial+studies+and+accounting&cmbQual=&cmbAttend=&cmbInst= Since Swansea is not a prestigious university, I think it'd be better if you study just "Accounting" at a top school. League table is here: http://extras.timesonline.co.uk/tol_gug/gooduniversityguide.php?AC_sub=Accounting+and+Finance&sub=0&x=31&y=9 Don't always rely on league tables, but you can get the general idea from this. Employers hire you based on where you've graduated, not how specific your degree is, in this case.
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except swansea
Studying Abroad - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
No, there are none other than Swansea. If you type accounting into the UCAS course search, none of them list actuarial studies and accounting, or a variant of this except for Swansea. I've done this for you: http://search.ucas.com/cgi-bin/hsrun/search/search/StateId/D7JZJ3_WVy-AD9xdbH5keu4YCk64o-Vo5B/HAHTpage/search.HsSearch.submitForm?txtSubject=accounting&cmbQual=&cmbAttend=&cmbInst=&button1.x=24&button1.y=11 See, only Swansea has it: http://search.ucas.com/cgi-bin/hsrun/search/search/StateId/D7JZJ3_WVy-AD9xdbH5keu4YCk64o-Vo5B/HAHTpage/search.HsSearch.submitForm?txtSubject=acturial+studies+and+accounting&cmbQual=&cmbAttend=&cmbInst= Since Swansea is not a prestigious university, I think it'd be better if you study just "Accounting" at a top school. League table is here: http://extras.timesonline.co.uk/tol_gug/gooduniversityguide.php?AC_sub=Accounting+and+Finance&sub=0&x=31&y=9 Don't always rely on league tables, but you can get the general idea from this. Employers hire you based on where you've graduated, not how specific your degree is, in this case.
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