Standard unqualified and qualified opinion in audit

An audit opinion is a verification that accompanies financial statements based on an audit of the accountant’s opinion of the procedures and records used to provide the statements whatever of whether the financial statements have exist material misstatements. There are four types of audit opinion which are standard unqualified opinion, qualified opinion, adverse opinion and … Read more

The role of package designing in enhancing sales of Cadbury

Abstract The project focuses around the Cadburys’ use of different designs in its packaging of Cadbury products which has helped Cadbury build a strong consumer base in the market and increased its sales. The project contains images of Cadbury products packed creatively and attractively. It also shows the product packaging on different occasions like Diwali, … Read more

Omnichannel selling

No single formula, algorithm or crystal ball can tell you for sure when and why each individual customer will make a purchase. A senior citizen looking to buy a smartwatch might be texted a recommendation by a grandchild, then walk into a physical store to purchase. That same grandchild, on the other hand, might spend … Read more

The Role of the Accountant in Corporate Governance of Business Organizations

In context of corporate governance, there are two vital elements that needed to be maintained in order to ensure efficiency and transparency of organizational operations. These two elements are accountability and performance. Shareholder’s confidence is enhanced by good corporate governance practices. Thus, Good corporate governance creates shareholder’s value and secures corporate image in the competitive … Read more

Training Needs Analysis sources and benefits

The role of Performance Appraisals and other methods in identifying Training Needs There are various sources that can be used to determine organisational training needs. Some will be used to identify overall needs whereas others are more useful for identifying the needs of specific individuals, e.g. Performance Appraisals. Performance appraisal can significantly help in identifying … Read more

Standard unqualified and qualified opinion in audit

An audit opinion is a verification that accompanies financial statements based on an audit of the accountant’s opinion of the procedures and records used to provide the statements whatever of whether the financial statements have exist material misstatements. There are four types of audit opinion which are standard unqualified opinion, qualified opinion, adverse opinion and … Read more

The Moderating Role of Agency Costs on the Impact of Free Cash Flow on Firmhilippines

Jensen (1986) provided the first inkling to agency theory and his discussions about this topic has brought about many fundamental issues in research literature one of which is the free cash flow hypothesis. Jensen (1986) defined free cash flows as the net cash flows in excess of that required to fund all projects that have … Read more

Business Studies: Media Review Project

Summary Shark tank is an American, award winning television series broadcasted on ABC. It is a business themed reality series where the ‘sharks’ are wealthy entrepreneurs that are willing to invest in the best businesses and products of entrepreneurs that pitch on the show. Entrepreneurs pitch their business on the show seeking for equity in … Read more

The Importance of Accounting

Mrs. Townlian Accounting January 19 Accounting is planning, analyzing, and interpreting financial information. Or less commonly known as the art of recording, classifying, summarizing, in a remarkable way, in terms of money, transactions, and events usually of financial classification (“Users Of Accounting”). Accounting allows those dealing with financial numbers and processes to keep close attention … Read more

Information System Audit

The information system controls effectiveness is evaluated through an information system audit. An audit aims to establish whether information systems are safeguarding corporate assets, maintaining the integrity of stored and communicated data, supporting corporate objectives effectively, and operating efficiently. It is a part of a more general financial audit that verifies an organization’s accounting records … Read more

Financial Statements Analysis

Every enterprise whether big, medium or small, needs finance to carry on its operations and to achieve its targets. In fact, finance is so indispensable today that it is rightly said to be the life blood of an enterprise. Without adequate finance, no enterprise can possibly accomplish its objectives. So that the study of financial … Read more

The Generally Accepted Accounting Principles (GAAP)

The Generally Accepted Accounting Principles, or GAAP, are the accounting principles, standards, and procedures employed by companies in recording their financial statements (“Comprehensive guide…”, 2018). This principle is used to make sure that investors keep a consistent level of financial statements when trying to figure out which company to invest. The GAAP includes revenue identification, … Read more

A sales folder printing

A sales folder printing can be a salespersons’ best friend. These informative folders printing offers businesses a reason to call potential client for a meeting. It makes a first professional impression and leaves more than just a calling card behind. Furthermore, smart business leaves or sends them after a meeting. That printing folder would keep … Read more

Case Study of the Nortel Company

Abstract Nortel became a prominent telecommunications company during the 1990s, but saw a swift decline starting in August of 2000 due to unethical accounting procedures that dissociated the company with Generally Accepted Accounting Principles, instead using pro-forma accounting procedures that could be used to hide the company’s poor performance. The purpose of this paper is … Read more

Misleading and Deception in Advertising and Selling

The issue In today’s highly competitive, global market, companies are setting sales targets high to gain market share, increasing stock prices keeping the inventors happy. Leaders are taking a risk when they set unrealistic goals. In the challenging global environment, where everyone is replaceable, employees are tempted more than ever to break rules, regulations and … Read more

A sales folder printing

A sales folder printing can be a salespersons’ best friend. These informative folders printing offers businesses a reason to call potential client for a meeting. It makes a first professional impression and leaves more than just a calling card behind. Furthermore, smart business leaves or sends them after a meeting. That printing folder would keep … Read more

The Adverse audit opinion paragraph

Adverse audit opinion An adverse opinion is issued after having obtained sufficient appropriate audit evidence, the auditor concludes that the misstatements, individually or when grouped with other misstatements, are both material and having pervasive effect to the financial statements.An adverse opinion will be issued when the auditor discovers that the financial statements of an auditee … Read more

Accounting industry

Accounting is a system by which financial information is identified, recorded, analysed, summarized, and reported for the use of decision makers. Put simply, accounting is the language of business. An accounting system tracks down all the financial activities of an organization (whether it’s the great Fortune 500 company, a small independent book publisher, a non-profit … Read more

The Role of the Accountant in Corporate Governance of Business Organizations

In context of corporate governance, there are two vital elements that needed to be maintained in order to ensure efficiency and transparency of organizational operations. These two elements are accountability and performance. Shareholder’s confidence is enhanced by good corporate governance practices. Thus, Good corporate governance creates shareholder’s value and secures corporate image in the competitive … Read more