Accounting part 3 Samenvattingen, Aantekeningen en Examens

This summary includes everything you need to know in order to pass the Finance part of the BSC2 exam in year 2, period 2 at IBS. It includes chapters 1, 2, 3, 6, 7, 13, 15, 16 & 19 from Principles of Managerial Finance from Zutter & Smart as well as Chapter 24 from Horngren's Financial & Managerial Accounting.

FAC1502 SUMMARY STUDY NOTES. This is an all-inclusive guide to FAC1502 - Financial Accounting Principles, Concepts And Procedures. FINANCIAL PERFORMANCE AND THE EFFECT ON EQUITY The equations: Profit = I –E OE = C + (I-E) –D The Elements of the equation Income  Inflow of economic benefits (not from the owner)  Increase in assets or decrease in liabilities – THEREFORE Expenses  Outflow of economic benefits (not to the owner)  Decrease in assets or increase in liabili...

CPA PROGRAM ADVANCED AUDIT AND ASSURANCE 3ND EDITION Contents Subject outline 1 Module 1: Assurance services framework 11 Module 2: General audit principles and auditor responsibilities 93 Module 3: Understanding the entity, assessing risk and responding to risks 179 Module 4: The auditor’s response to assessed risks 275 Module 5: Audit conclusions and reporting requirements 353 Module 6: Performance engagements 429 Module 7: Other assurance services 495 Case study 567 ADV...

AUE202M The Performing of the Audit Process Auditing Theory and Practice (University of South Africa) lOMoARcPSD| 1 Assignment 1 is compulsory and due 5 th March 2010 (study guide topics 1 – 5) - counts 5% towards final module mark Assignment 2 is compulsory and due 1 st April 2010 (study guide topics 6 & 7) - counts 5% towards final module mark Assignment 3 is NOT compulsory and doesn't count towards final mark (self assessment) Exam = 2 hours, consisting of : 30% of paper is app...

Law of Damages (LPL4802) Exam Summary Notes. The law of damages is that part of the law which indicates how the existence and extent of damage, as well as the proper amount of damages or satisfaction, are to be determined in the case of delict, breach of contract or some other juristic fact providing for the payment of damages (for instance, legislation or insurance). This subject consists of four main parts the general principles regarding damage and compensation the measure of damages i...

What if not followed IAS or IFRS? Not True and Fair = UNETHICAL Why PRINCIPLES not RULES? Principles harder to circumvent Why have a FRAMEWORK? Provides guidances for standards setters Gives guidance where no standards exist Helps all parties with intrerpretation 2 x Useful qualities of financial information RELEVANCE = Influences Decisions FAITHFUL REPRESENTATION = Complete, Neutral, No Errors What does RELEVANCE offer? PREDICTIVE VALUE CONFIRMATORY VALUE 4 X Qualities of FAITHFU...

ACCT 555 555 GRADING SUMMARY MIDTERM PART 2 These are the automatically computed results of your exam. Date Taken: 1/31/2016 Grades for essay questions, and Time Spent: 1 h , 40 min , 36 secs comments from your instructor, are Points Received: 183 / 200 (91.5%) in the "Details" section below. Page: 1 2 Question 1. Question : (TCO A) Match the following definitions to the appropriate terms. Student Answer: : Standards of » 2 : Sufficient understanding of internal ...

Non Financial Assets Latest Verified Review 2023 Practice Questions and Answers for Exam Preparation, 100% Correct with Explanations, Highly Recommended, Download to Score A+ TOPICS (NON-FINANCIAL ASSETS) – PART 1: A. INVENTORIES B. AGRICULTURE C. PROPERTY, PLANT AND EQUIPMENT D. INVESTMENT PROPERTY E. INTANGIBLE ASSETS A. INVENTORIES Inventories include the following: a) Assets held for sale in the ordinary course of business (finished goods) b) Assets in the production process fo...

MAC3761_ STUDY SUMMARY NOTES. MAC3761 - Management Accounting III.A cost object is any activity for which a separate measurement of costs is desired. In other words, if the users of accounting information want to know the cost of something, this something is called a cost object. Examples of cost objects include the cost of a product, the cost of rendering a service to a bank customer or hospital patient, the cost of operating a particular department or sales territory or indeed anything for...