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Determine the Features of Accounting information system
Accounting information system must have certain features which are common to all valid information systems within a business. These are:
? Identifying and capturing relevant information (in this case financial information);
? recording the information collected in a systematic manner;
? Analysing and interpreting the information collected;
? reporting the information in a manner that suits the needs of users.
Illustrations of Accounting Policies A Ltd., has decided to change its policy of writing off borrowing costs to capitalizing the same. As at 31st December, 2003, the company had
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When well conceived and executed properly, a growth-through-acquisition strategy is an accepted method to grow a business. What went wrong at WorldCom? Is there a need to put in pl
calculation
Various types of accounting changes can affect the financial statements of a business enterprise differently. Assume that the following list describes changes that have a material
i. Explain carefully what is meant by a price earnings ratio. ii Utilising a valuation model identify and briefly discuss the theoretical determinants of the ratio. iii
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