Essays Tagged: "financial information"
Internet Hackers - Methods to the "Madness"; This is an essay which details much of the techniques used by modern hackers, as well as their motives for such actions.
ation. Contained within the transmitted data are many business secrets and a great deal of personal financial information. The potential offered by this "gold mine" has attracted an ever-increasing am ... y year (Hopper 2). It is not surprising that the number of hackers is growing daily. In addition to financial gain from hacking, the "thrill of the hack" is something that many advanced users have com ...
Subjects: Science Essays > Computer Science
Describe the general development of financial accounting regulation in the United Kingdom from 1970 to the present day.
The role of financial accounting in today's business environment is undeniably important. The information provid ... did however leave the actual methods of application of these conventions up to the preparers of the financial information.In 1970, the accounting profession establish its own self regulated body - thi ... mber of reasons why the body was set up, however it was done primarily as a reaction to a number of financial scandals in the 1960s. Other influences included the establishment of similar bodies in th ...
Subjects: Businesss Research Papers > Accounting
Accountants.
ccountant has many choices to what particular field of accounting to specialize in depending on the financial information she wants to analyze and how it is done.Class: AccountantsSpecial Interest: An ... e and how it is done.Class: AccountantsSpecial Interest: Analyzing Financial InformationSubclasses: Financial accountantsTax accountantsInternal auditorsA college student decides she wants to become a ...
Subjects: Businesss Research Papers > Accounting
How to protect yourself from hacking.
. Accounting firms are particularly tempting targets for hackers, since they handle a great deal of financially sensitive data. Imagine losing half your client's important electronic records -- or eve ... ata. Imagine losing half your client's important electronic records -- or even worse, having client financial information fall into the wrong hands. Investing in a reliable firewall is crucial to prot ...
Subjects: Science Essays > Computer Science
Enron's Audit
areholders, lenders, employees, customers, suppliers and policy-markets with the assurance that the financial information provided by companies is reliable. During the past few years, the auditing pro ... t three previously unconsolidated special purpose entities should have been consolidated in Enron's financial statements based on the Generally Accepted Accounting Principles. Disclosure of the three ...
Subjects: Businesss Research Papers > Accounting
Mind the Gap: Will the auditing expectations gap ever disappear?
nto question the understanding of an auditor's role and duties with the general public and users of financial information considering audit objectives to be one thing and auditors themselves consideri ... tors in 1994 defined the expectations gap as ...the difference between the expectations of users of financial reports and the perceived quality of financial reporting and auditing services delivered b ...
Subjects: Businesss Research Papers > Accounting
Financial statements
Financial statements are significant for a business. They should provide information about the finan ... nd similar decisions. (Kam, 1990, p34) Meanwhile, they are important to decision makers who use the financial information they provide to evaluate the performances of the firm and themselves. Thus, in ... nces of the firm and themselves. Thus, inaccurate financial statements may distort the portrayal of financial position and operating results of a business. For this reason, cash basis of accounting, a ...
Subjects: Businesss Research Papers > Accounting
Nordstrom, the new era for a retail chain.
.Enabling the promiseIs done by helping departments that asks for help, by providing statistics and financial information to all employees and by empowering the employees. Initiatives are done from th ...
Subjects: Businesss Research Papers > Case Studies
Accounting
hairman of the U.S. Securities and Exchange CommissionArthur Levitt sounded the call to arms in the financial community. Levitt asked for, "immediate and coordinated action... to assure credibility an ... bility and transparency" of financial reporting. Levitt's speech emphasized the importance of clear financial reporting to those gathered at New York University. Reporting which has bowed to the press ...
Subjects: Businesss Research Papers
State and Local Government Internet Research
The purpose of accounting is to provide financial information to management and the public. Generally accepted accounting principles (GAAP) ... public. Generally accepted accounting principles (GAAP) are the minimum standardsand guidelines for financial accounting and reporting for state and local governments.These principles were developed t ... e principles were developed to establish requirements for the fair presentation andcomparability of financial information among governments. Adherence to GAAP ensuresthat financial reports of all loca ...
Subjects: Businesss Research Papers > Accounting
Topic: Web Security (Internet Banking)
dly, especially in internet banking. Internet banking is a new method for individuals to view their financial information online. Although this new integrated method is more convenient, it also has ri ...
Subjects: Science Essays > Computer Science
Financial performance of Scottish power
The main objective of the financial statement is to true, relevant and timely information to all its audience. It also reflect ... ly information to all its audience. It also reflects the effects of economic events on the business.Financial statement reporting, business events are categorized into three types: financing, investin ... siness invests in assets for conducting business operations.Periodically, owners and creditors want financial information about the business. Creditors may call for information less frequently to eval ...
Subjects: Businesss Research Papers
ACCOUNTING INFORMATION SYSTEMS
ly of other business functions. Accountants were narrowly focused on the production and validity of financial information. Now they are information services specialists and business consultants.Tradit ... of AccountingTraditional functions of an AIS include recording, storing, processing, and reporting financial information and related non-financial information (for example, purchase dates and depreci ...
Subjects: Businesss Research Papers > Accounting
Accounting Ethics Article Review
The article that I chose discussed the differences between financial and managerial accounting, as well as what they do. The article covered the rules and regu ... d regulations of theses two types of accounting based on the GAAP that were established by the FASB.Financial accounting involves the preparation of a business's financial statements, mainly for users ... m. Some government agencies that regulate business and the stock market require companies to submit financial statements to them.Financial accounting, it is limited by a widely accepted set of rules, ...
Subjects: Businesss Research Papers > Accounting
The Audit Expectations Gap
service performed by independent accountants for the interests of their clients and other users of financial information . But what motivates people to enlist the services of an auditor? In explainin ... s arena, as offering protection of integrity to the Director, a conduit to information for users of financial statements and a degree of insurance to shareholders and creditors. Professor David Tweedi ...
Subjects: Businesss Research Papers > Accounting
Equity, Cash Flow, and Notes Analysis Paper of Samsung Electronics
icer for Samsung Electronics, Jong-Yong Yun, contacted our firm to request our service to prepare a financial overview for the record management team regarding the following segments: Statement of Cha ... llowing segments: Statement of Changes in Owner's Equity, Statement of Cash Flows, Notes, and other Financial Information. The theme and goal for this company is to endeavor to become the best; throug ...
Subjects: Businesss Research Papers > Accounting
COMPARISON WALMART AND TARGET
via walmart.com and target.com. Upon inspection, the Wal-Mart and target reports include meaningful financial statements, including the Statement of Owners Equity, Income Statement, and Balance Sheet. ... et both provide multi-step Statements of Operations, which include the current and previous 2 years financial information.Selected Data from Statement of Operations(Dollars in Millions)Wal-Mart (2002) ...
Subjects: Businesss Research Papers > Accounting
Financial Accounting versus Managerial Accounting.
What is the difference between financial accounting and managerial accounting and who benefits from the information derived for the ... who benefits from the information derived for the reports and advice offered by these accountants? Financial accounting is typically used for external oriented groups and results in the development o ... s typically used for external oriented groups and results in the development of a balance sheet and financial statements. Managerial accounting, on the other hand, uses the information in the balance ...
Subjects: Businesss Research Papers > Accounting
The importance of a control system within the business.
hods or procedures adopted in a business to:-Assist in achieving the businesses' objectives- Ensure financial information is correct and reliable- Ensure cooperation with all operational and financial ... ey are essentially checks and balances within a business. It's objective is to reduce errors, limit financial losses and prevent fraud. They also segregate duties within the company and limit one pers ...
Subjects: Businesss Research Papers > Accounting
Real to Reel is a retailer. A company symbolwas devolved by a consultant at a cost of $154,000. How should this transaction be recorded and reported?
Accounting is a system for providing quantitative, financial information about economic entities that is useful for making sound economic decisions. Ac ... e rules, guidelines and legislation that govern the preparation and presentation of General Purpose Financial Reports in Australia. The Conceptual Framework is described by Kloot, LS, Sandercock, EK, ... heory or a set of interrelated concepts" with a purpose to "define the nature, scope and purpose of financial accounting and reporting". In this instance it concerns how the company symbol for Real to ...
Subjects: Businesss Research Papers > Accounting