Financial accounting for dummies pdf

    • [DOC File]Chapter 11

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      9.403 Accounting Theory. L02. March 5, 2002 Chapter 11—Earnings Management. Summary. Defining Earnings Management “Earnings management is the choice by a manger of accounting policies so as to achieve some specific objective.” By nature, the accounting policies set out in GAAP do not stipulate specific accounting policies for managers to ...

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    • [DOCX File]CHECKLIST ITEMS AND EXPLANATIONS

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      A financial advisor in the FMA will review the document to ensure it meets all financial rules (purpose, time, and amount). If requirements are met and funds are available, FMA will certify the MIPR to record the commitment in the accounting system.

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    • [DOC File]Understanding GAAP, GAAS, and the Accounting Cycle

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      “Financial Accounting Series” appears on the cover page of the pronouncements above “Statement of Financial Accounting Standards No. XX” in actual titles. This term is used interchangeably with SFAS and sometimes “FASB No. XX” in referring to the standards. FASB – Financial Accounting Standards Board. FIFO – First-In, First-Out.

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    • [DOC File]Financial Accounting

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      Managerial accounting contrasts with financial accounting in that managerial accounting is for internal decision making and does not have to follow any rules issued by standard-setting bodies. Financial accounting, on the other hand, is performed according to Generally Accepted Accounting Principles (GAAP) guidelines.

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    • [DOC File]Great Plains: Short Cut Sheet

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      Transactions-----Financial-----Reconcile p.92. Select the checkbook id of bank account being reconciled by clicking on the magnifying glass (double click on the desired bank). Type the bank statement ending balance. Type the bank statement beginning balance. Type the "cut off" date. Click the transaction button.

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    • [DOC File]BUSINESS PLANNING TEMPLATE

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      FINANCIAL PLAN. You will need to include financial statements and projections for the past as well as next three to five years, including: - Financial statements for the past three years of operation - Cash flow projections by month for the next year - Projected balance sheet and income statement for the next three years - Break-even analysis

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    • [DOCX File]eifrs.ifrs.org

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      Next, the entity calculates the present value of the cash flows associated with the liability using the liability’s contractual cash flows at the end of the period and a discount rate equal to the sum of (i) the observed (benchmark) interest rate at the end of the period and (ii) the instrument-specific component of the internal rate of return as determined in accordance with paragraph B5.7 ...

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    • [DOCX File]Comparison of Major Contract Types - Under Secretary of ...

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      Fixed-Price Economic Price Adjustment. () A FPEPA contract is designed to cope with the economic uncertainties that threaten long-term fixed-price arrangementsThe economic price adjustment (EPA) provisions provide for both price increases and decreases to protect the Government and the contractor from the effects of economic changes.

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    • [DOCX File]CD1015 - dummies

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      This Unified Chart of Accounts for nonprofit organizations is a bookkeeping chart of accounts freely available on this site and designed so that nonprofits can quickly and reliably translate their financial statements into the categories required by the IRS Form 990, the federal Office of Management and Budget, and other standard reporting formats.

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    • [DOC File]Competency Examples with Performance Statements

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      Keeps current on fiscal procedures, principles, standards, rates, etc. Ensures all financial data is properly calculated and reported. Responsibly allocates and accounts for the use of fiscal resources, weighing alternatives and their benefits.

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