Accounting

What is Financial Accounting Name: Institution: Date: What is Financial Accounting My name is (Richardson), and I am currently pursuing an accounting course in one of the local colleges. From a young age, I have always enjoyed working with numbers, but my first encounter with accounting knowledge was in high school when I was introduced to the basic principles of accounting such as the ‘double entry concept’ and how to debit and credit transactions. The lessons were thrilling, and this ignited my passion for accounting. Now that I am in an advanced accounting class, I hope to acquire key accounting skills which will undoubtedly go a long way in propelling my career in the accounting...

Student’s Name Tutor Course Date Analysis Determine the buy-and-hold return of your company’s stock, its competitor & for the Dow Jones Industrial Average* in the same period (September 14 to November 23, 2018). The computations for Microsoft and Adobe Systems returns compared to the Dow Jones Industrial Average were computed as follows for the period between 23rd November 2018 and 14ty September 2018. The formula for calculation was as follows: Buy-and-Hold Return = (Price on Nov 23- Price on Sept 14)/ Price on Sept 14 Dates Stock price Returns Microsoft 23/11/18 103.07 -9.08% 14/9/18 113.36 Adobe 23/11/18 225.56 -16.15% 14/9/18 269.00 DJIA 23/11/18 24285.95 -7.20% 14/9/18...

Hospitality Industry Accounting Assignment Name: Tutor: Institution: Date: Fixed wage expenses are the type of salary payments made by the company that does not change regardless of the level of production undertaken by the company. They also remain constant even when the company makes differing sales figures (Cook, Hsu & Marqua, 2014). On the other hand, variable wage expenses are the salary payments made by the company that fluctuates along with the volume of sales and level of production. An example of a fixed wage expense is the amount of money paid to the hotel receptionist at the end of each month. A good example of a variable wage expense is the amount of commissions paid to a...

Financial Analysis in Hotels Student Name Institution Affiliation Financial Analysis in Hotels Various organizations have organizational structures that make them distinct from one another. As for the hotel industry, one key part of management is the Executive Committee. The committee is comprised of different top-level managers representing various departments. An examination of the organizational chart reveals that the Executive Committee is made up of Finance Director, Marketing Director, and Human Resources Director. The Finance Director is in charge of all the financial activities relating to the hotel. The Finance Director ensures accuracy and conformity of the accounts to the Generally...

Hospitality Industry Assignment 2 Name: Tutor: Institution: Date: The revenues per room ratio (RevPAR) is an important metric that hotel managers use to increase the amount of revenue generated from their facilities. Typically, hotel managers generally focus on increasing the occupation rate of their rooms. Sometimes, measures, like using more intensive promotion strategies or even lowering the accommodation fee, can be undertaken to increase the level of occupancy. These measures are only effective in increasing the hotel’s occupancy rate but they do not enhance the revenues generated. RevPAR allows the hoteliers to accurately the optimal room occupancy plan that will boost the revenue...

Student’s Name: Professor: Course: Date: The Cultivation Brand advertising is a form of advertising that uses a specific symbol, celebrity or identity that can be used to create awareness and credibility of a company and foster healthy, long-term relations with the customers over time (Mialki et al.). Post-modern brands do not establish their own brand but that of the media. With the new corporate strategy of targeting future consumers or the ‘babies’, most firms use media brands that the targeted customers ‘babies' can associate with such as Disney characters, e.g. Donald Duck. This approach is connected to different cognitive researches which indicate that through feeding products...

Name Course Professor Date U4DB RESPONSE 1 AND 2 What I have leant from the first response. From the first response it is evident that for COSO to be efficient and effective it must follow the five principles the student stated beginning from control environment all the way to monitoring. The questions that tend to pop up as one goes through the post are as follows, how are the principles laid going to be fully effective? I would like the student to give a better clarification on the ways COSO have been able to their work more efficiently before without the use of the said principles.(COSO, 2013) There are more of similarities between my posting and the first response regarding the points...

Name Professor Course Date Listening is a common phrase that few can even tell its actual meaning. It's not a wonder to hear one tell their colleague "you are not listening" while they cannot say what listening is. According to Coakley and Halone (1997), listening is a process of being attentive to an action. There are two types of listening seen in human beings; they include; typical and active listening. Typical listening is the power of perceiving sounds without giving further mind concentration while active listening is a form of listening that utilises all senses and attention to tone and subsequent response to the speaker. In everyday life active listening is inevitable and though I have...

CVP Analysis Name Institutional Affiliation Samsung is a multinational corporation that prides itself on being able to provide a wide variety of electronic devices. The electronic devices offered by the firm are based on a comprehensive market study to help the business understand the consumer needs. The company posted $223.4 billion in terms of revenue in the last financial year. The concept of cost-volume-profit analysis has been used to ensure the business continues to enjoy a growth in the profit margins. CVP analysis is based on a number of assumptions and takes into accounts items such as the volume of sales, the variable costs, the fixed costs, the sales mix, and the selling price....