Accounting

The United States Army Corps of Engineers is one of the largest public engineering, design and construction management agencies in the World. Although, it is a branch of US Federal Government but several public and private organizations take their guidance from the data and preliminary cost allocation studies from the projects undertaken by this agency. Since the Corp is mainly associated with building dams, canal and flood protection, its planners are in a position to collaborate with Federal agencies...

Cost refers to the amount spend in producing a good or even a service. This is the money spend in all departmentsfields in order to provide a commodityservice. This includes a summation of operational, general expenses and overhead expenditure. All direct and indirect costs are summed up to come up with the total cost of production. Price is the money reward in producing a productservice. Price constitutes the sales in an organization s Income statement. This is what a commodity retails at. Value...

The word culture is composed of various aspects. The concepts included in the definition of the word are beliefs, values, customs and ideas of a person that are derived from ethnic background, family, community and social components of an individual. Culture is dynamic and changes with time. Culture is inherited from one generation to another. Parents pass some values and customs to their children (Potrac, Jones,  Cassidy, 2004). Ways in which culture had an impact on my life My community...

The recent accounting scandals have generated a closer look on the unfavorable publicity for people who are in the accounting profession. Deciding on what is right or wrong can be different among those involved in the accounting profession especially since what may look as being unethical does not necessarily make it illegal. It is apparent, therefore, that ethical values provide the foundation which civilized society function. Civilization collapses when this foundation is weak. (Smith  Smith)....

Manelcom, Inc. Statement for Cash flows for The Year Ended December 31, 2008 Cash Flows from operating activitiesNet Income After Taxes44,220 Depreciation 20,000 Change in Accounts Receivable(50,800) Change in Inventories120,800 Change in Accounts Payable 29,600 Change in Accruals 4,000 Cash Provided By Operating Activities 167,820Cash Flow from Investment Activities Increase in Gross Fixed Assets  (36,000) Cash Provided by Investment Activities        (36,000)Cash...

WPP group is a group based in London, England and is one of the worlds largest media and communications group. Wire and Plastic Products (WPP) started in 1971 making plastic products but was purchased by Martin Sorrell in 1985 who was looking for a listed company to start its marketing services. WPP group is an umbrella to several media, advertising and PR giants such as JWT, Grey Global and Mindshare. It employs more than 130,000 employees in around 100 countries. WPP Group posted a profit of almost...

The surge of the global financial crisis since 2008 is one phenomenon deserving a long overdue in-depth explanation. Not so much for the sectors primarily considered as the direct  hits of the crisis but for the drivers that spawned the global economic downturn, things are indeed interesting, going into the next possible wave of crisis yet unknown. Here, a clarification is therefore demanded from the sectors which are, by their affiliation with the industry, happens to be situated near the...