Management accounting reports provide estimates for what might happen in the future. Assignments include a research paper that comprehensively assesses an important current issue or emerging trend in the fields of financial management and accounting.
Investors and tax professionals need hard facts based on numbers that already exist, so they can properly assess a company's performance.
Fixed Income Securities — Theory — This chapter gives some basics of fixed income securities, basics of bond markets, types of issues and special characteristics, bond coupons, bond maturity, bond pricing, yield measures, duration and certain types of bonds like municipal bonds, corporate bonds, risks of investment in bonds and so on.
A continuing study of federal income taxation as applied to different business entities, including corporations, flow-through entities, estates, and trusts. An illustration gives the accounting aspects of an interest rate cap contract in the functional currency.
The financial accounting system is not so good at valuing such assets. It shows how the distribution of income and transfer of dividends affects the wealth of shareholders in the company. A case study-based, problem-oriented examination of fundamental federal tax concepts.
FX translation on available-for-sale securities calls for some special treatment, which is explained in this chapter. Amendments made through IFRS 9 that impacts this category is explained. All applicants should consult our information on Fees and Funding. Meaning of a cross currency swap is explained with an illustration.
The trade life cycle in so far as it relates to the back office viz. Alternative audit models are evaluated for both their practical relevance and their theoretical justification as informed by current research and emerging information technology.
Financial accounting serves the following purposes: FX revaluation and FX translation on held-to-maturity securities is explained with the help of one more illustration, which is given in foreign currency with FX translation and accounting entries in the functional currency.
Accountants prepare these documents and send them directly to personnel within a company, such as managers and executives. By definition, an accounting degree provides undergraduate students with the theories and principles of recording, classifying, summarizing and interpreting financial transactions of a particular entity.
Interest Rate Collars and Reverse Collars — This chapter covers the accounting aspects of interest rate collars and reverse collars. It is only when there is one positive and one negative opposites that you will subtract.
Tainting rules along with exceptions are given. Fixed Income Securities — Held-to-maturity — This chapter covers the accounting for bonds that are classified as held-to-maturity.
The trade life cycle for an interest rate swap contract viz. In financial accounting, cost classification based on type of transactions, e. An in-depth exploration and application of valuation models to support managerial decision making in a strategic framework.
A study of ethics as a critical foundation for the accounting professional. It might be useful to have some basic orientation on accounting for investments, especially plain derivatives on equity instruments like equity futures and equity options to understand better the concepts given in this volume.
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After completing this course you will be conversant with: Financial Accounting A comprehensive and practical online guide for the basics of financial accounting.
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Sep 06, · Board of Governors of the Federal Reserve System. The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial .Objective of financial accounting