Accounting Essays

Fiscal Administration is not difficult to define. In simple terms, fiscal administration is the branch of economics that deals with the revenues and expenditures and their impact on the economy. It is the manner of collecting something from the constituents and spending it also for the constituents. And the exact …

Taxation in the Philippines is controlled by the Bureau of Internal Revenue (Philippines). Taxes in the Philippines range from 5% to 35%[1] Exceptions 25,000 Pesos for individuals[1] 30,000 Pesos for married couples[1] Exceptions for Small and Medium Enterprises with income of less than 100,000 Pesos Cedula Cedula is a community …

Paul Polishan apparently dominated Leslie Fay’s accounting and financial reporting functions and the individuals who were his subordinates. What implications do such circumstances pose for a company’s independent auditors? How should auditors take such circumstances into consideration when planning an audit? My question for the Leslie Fay Companies case focuses …

The accounting system captures, stores, processes and communicates information in accordance with applicable professional, industry and government standards and also meets the organization’s own requirements. A well –designed accounting system enables an organization to manage one of its most valuable resources – information. Accounting software programs allow one to manipulate …

Companies – ITC, HUL , Nestle India , Dabur , Godrej Consumer Products The Indian FMCG sector is the fourth largest sector in the economy with an estimated size of Rs.1,300 billion. The sector has shown an average annual growth of about 11% per annum over the last decade. Unlike …

Results from previous studies showed 79% of all high school seniors from a certain city plan to attend college after graduation. A random sample of 200 high school seniors from this city reveals that 162 plan to attend college. Does this indicate that the percentage has increased from that of …

The topic of the report is an exploration of a career option and a Tax Auditor at Canada Revenue Agency. The purposes of this report are to not only prepare myself for the position by examining and learning but also introduce a different field of work to colleagues All residents …

As the business environment grows and companies find new ways to expand into their respective – or even new – markets, it is important that reporting standards stay up to date with changes and continue to assist companies in providing their users with useful accounting information. Information is labelled as …

E9-7 Brainiac Company purchased a delivery truck for $30,000 on January 1, 2011.The truck has an expected salvage value of $2,000, and is expected to be driven 100,000 miles over its estimated useful life of 8 years.Actual miles driven were 15,000 in 2011 and 12,000 in 2012. Instructions (a) Compute …

1 a) What would you recommend to the caller if you were Dr. Mitchell? Since it appears that the firms top executives are all apart of the fraud and don’t plan on correcting their unethical action. I recommend that the anonymous caller completely remove himself/herself from the situation by resigning …