Accounting Recognition of Sales Revenue Research Proposal

Accounting Recognition of Sales Revenue - Research Proposal Example Generally Accepted Accounting Principal (GAAP) with regard to recognition of revenue is covered by FASB Statement of Financial Accounting Concepts No.5. As per paragraph 83 of said SFAC No.5 , revenue â€Å"recognition involve consideration of two factors, a) being realized and realizable, and b) being earned, with some time one and sometimes the other being the most important consideration†. Both criteria are required to be accomplished before the revenue is recognized. The revenue is treated as realized when cash is received for sale of product; and revenue is termed as realizable when a promise to pay is received and that may be either verbal promise to pay or written in the shape of notes receivable. The second condition is that the revenue must be earned. Revenue is treated as earned when enforceable exchange takes place of considerations. That is to say deliveries of goods have been given and promise to pay has been received. Take the case of credit sales where goods have delivered at the time transaction was entered into. In such a transaction a verbal promise to pay has been created on acceptance of delivery by buyer. Accordingly it can be said that revenue has been earned at the time of occurrence of a verbal promise to pay. Again as per SFAC No.5 before recognition of a transaction four basic criteria namely, the arising of basic element of asset or liability or change in equity through such transaction, measurability, relevance, and reliability, are required to be fulfilled.

Social Media In a business environment Essay Example | Topics and Well Written Essays - 3500 words

Social Media In a business environment - Essay Example The report is based on the study of the importance of social media and social networking in the retail business sector. A thorough research of various literatures has been done to understand the importance of social media and social networking for the improvement of the business sectors. It has also been analysed that how the adoption of social media in a retail enterprise can transform the interaction procedure between the organisation and their stakeholders. The five steps of the social media success have been thoroughly followed to introduce new social media strategies for a retail enterprise. These steps include the analysis of the existing social media and social media trinity, integration of all the possible strategies, identification of resources and metrics implementation (Safko, 2010). This analysis is further focused on generating valuable strategies which will assist a retail enterprise to implement the successful usage of social media and network in their business develop ment. It has described that how the incorporation of social media and network in business operation will support and enhance its internal as well as external communications and knowledge management. On the other hand the report has also indicated the obstacles and issues related to the adoption of social media in the business enterprise. The company which has been discussed in this study is a local enterprise. It has a total of 45 retail outlets which mainly deals in apparel and accessories. The organisation also has their website to sell their product but it is not very profit making. The organisation is introducing the kid garment segment in its 20 retail centres. Since last two years the organisation is facing a huge competition in the market. The retail industry is growing to be one of the largest sectors in the global market. There are a huge number of established

Leadership Analysis Essay Example | Topics and Well Written Essays - 2000 words

Leadership Analysis - Essay Example Leadership qualities in the roles of such characters as Brian Cassidy, Elliot Stabler, Amanda Rollins, Nick Amaro, Fin Tutuola, John Munch, and Olivia Benson come into sharp focus as cases of sexual assault characterize their daily duties (Green, Dawn & Wolf, 2009). Viewers have a chance to witness the backdrop of the most thrilling and bizarre occurrences of the conditions facing their victims and the overwhelming interrogations the detectives involve the suspects. Personal skills, character traits remain as the most overt leadership qualities in the twelve series show. This research paper examines the extent to which human involvement employ the leadership theories as seen in the T.V series, Law & Order: Special Victim Unit. Law & Order: Special Victims Unit is a fascinating T.V series, a crime drama of the Law $ Order (Green, Dawn & Wolf, 2009). It is a daily activity of detectives, who work in the Special Victim Unit of the 16th Precinct. This unit, set from the New York City Pol ice Department, centers on crimes related to rape, sexual attack, and child molestation. All these are inhumane acts and subject to the Holy book are punishable. The unit captures all other closely related to domestic mistreatment such as household cruelty, kidnapping, and child desertion. Since its premiere in 1999, the series has largely featured four detectives, who tirelessly work for the unit (Green, Dawn & Wolf, 2009). As the program is in a season series format many seasons, in most of them, five detectives seem to run the show under the leadership of Donald Cragen. For the detectives work to be complete and decisive, the unit has a prosecutor assigned form the DA’s office. The main role of the prosecutor is to interact with the assigned examiners and the unit’s psychiatrist George Huang (Green, Dawn & Wolf, 2009). As the series unfolds into the different seasons, related characters come in full view. Series is largely about things, which need continual talking throughout our daily lives. The detective’s moves and involvements focus on things that everyone sees only in cable news, and this makes domestic crime revelation that it is a serious act of violation. The series creates awareness to its viewers. This makes the cases and the characters a big part of why the series has had a long and a successful run. As viewers watch the detectives run through daily operations, one gets a mixer of different people operating on a different level of thinking, and operations. Even though the show is enjoyable, and its content interesting, some of the scenes are downright offensive. Viewers can see the leadership rationale employed by the protagonist of the show in making some decision sometimes going beyond human ethics. For example, the detectives make entries into people’s lives and homes without consideration of their cultural, religious, or lifestyle practices. This goes beyond the Biblical principle of extending honor unto others. As much the operations of any police department deserve no boundaries in pursuit of justice towards their clients, the unit leadership ethics should have embraced some decency. As a viewer, sometimes you would wonder why this policing system in the unit beat up suspects, sometimes with no consequences. Does it mean that the legal system they use is purely for their own gain? According to the Holy Law, any interrogation should be subjective and none-coaxing. For example, in some scenes

NSPCC is a charity organization aimed to protect children from abuse Essay

NSPCC is a charity organization aimed to protect children from abuse and family violence - Essay Example A charity like NSPCC operates in a complex environment influenced by political and social difficulties, family relations and laws. The vulnerability of the charity like NSPCC is determined by its degree of dependency on a resource and the external sources of this resource (i.e., the greater the dependency, the higher the potential for loss of autonomy). NSPCC depends upon resources and philanthropy (NSPCC Home Page 2008). 7 Ps model can be applied to NSPCC and its activities. The main Ps are product, price, promotion and place. Strong position of a charity organization is based on brand loyalty and high quality of service range. The likely decision process of the target market is the quality and unique taste that appeals to the consumers' minds with offerings. Product positioning is characterized by establishing trustworthiness, confidence, and competence for customers. NSPCC establishes trustworthiness and unique image as a children's rights organization (McDonald and Christopher 23). This strategy is supported by the "buying process" and the pricing, and as the most important high quality of all services. Pricing decisions influence the organization forcing it to find new ways to reduce costs. NSPCC can use flexible cost-plus pricing to ensure that its services are competitive in the context of the particular market environment. NSPCC has to spend its own resources in order to meet the requirements focusing on technological efforts, security and support. NSPCC opens new officers and involves different social institutions in order to meet needs and demands of the target audience. As a typical marketing company, NSPCC promotes its activities and policies including public relations and advertising campaigns. Modern marketing is customer-oriented, so a charity organization like NSPCC depends upon physical layout, customer service and processes concerning customer service. Unique services help NSPCC to sustain its market position and develop strategies according to current needs and demands of the target audience. Given the increasing turbulence and complexity of the market place, and the rapid pace and impact of technological change, the need for a disciplined, systematic approach to the market has never been greater. Customer service and processes involve call centers and support, people's centers and live chats, etc. Physical layout involves attention to learning environments a nd attractive layout of agencies, etc. in sum, these features show that NSPCC follows marketing principle of a traditional business applying them to unique environment and purposes (McDonald and Christopher 29). The location of the customer is not strictly physical, though. In many if not most instances of service-giving, location is preponderantly psychological. Even physical location is likely to be chosen for its psychological "image" association or its easy exploitation of well-established customer habit. Successful service is always as much an entertainment

The Role of Mitosis and Miosis In Cancer Tistes Antigen (CTA) Literature review - 1

The Role of Mitosis and Miosis In Cancer Tistes Antigen (CTA) - Literature review Example In this work called "The Role of Mitosis and Meiosis in Cancer Testis Antigen (CTA)" author overviews the connection between differentiation failure and cancer development in patients with testis cancer. Division of germ cells has special features that make this illness distinguished in comparison with the other groups of cancer diseases. It is a well-known fact that the germ cell line derives from the primordial germ cells. These cells basically migrate through the dorsal mesentery of the embryo and then enter the fetal gonad that is developing in the genital ridge. In males, in this genital ridge, the primordial germ cells are enclosed by somatic Sertoli cells and are known as prospermatogonia. These proliferate for a few days and then rest at G0 or G1 of cell cycle until puberty. When the individual attains puberty, the proliferation of the prospermatogonia resumes, thus initiating spermatogenesis. Spermatogonia are the male germline stem cells and they proliferate from puberty al l through the adult life. Two meoitic divisions are involved in this step and a tetraploid of primary spermatocytes are first formed which further undergo meiosis to form haploid sperms. Cancer Testis Antigens or CTAs like MAGE and NY-ESO-1 are basically expressed in these spermatogonia. This tiny investigation is aimed at defining role reasons of CT development in patients, who are included in the high-risk group. Tables, statistics and scientific evidence-based argumentation without any doubt will help you to get the highest A!

NSPCC is a charity organization aimed to protect children from abuse Essay

NSPCC is a charity organization aimed to protect children from abuse and family violence - Essay Example A charity like NSPCC operates in a complex environment influenced by political and social difficulties, family relations and laws. The vulnerability of the charity like NSPCC is determined by its degree of dependency on a resource and the external sources of this resource (i.e., the greater the dependency, the higher the potential for loss of autonomy). NSPCC depends upon resources and philanthropy (NSPCC Home Page 2008). 7 Ps model can be applied to NSPCC and its activities. The main Ps are product, price, promotion and place. Strong position of a charity organization is based on brand loyalty and high quality of service range. The likely decision process of the target market is the quality and unique taste that appeals to the consumers' minds with offerings. Product positioning is characterized by establishing trustworthiness, confidence, and competence for customers. NSPCC establishes trustworthiness and unique image as a children's rights organization (McDonald and Christopher 23). This strategy is supported by the "buying process" and the pricing, and as the most important high quality of all services. Pricing decisions influence the organization forcing it to find new ways to reduce costs. NSPCC can use flexible cost-plus pricing to ensure that its services are competitive in the context of the particular market environment. NSPCC has to spend its own resources in order to meet the requirements focusing on technological efforts, security and support. NSPCC opens new officers and involves different social institutions in order to meet needs and demands of the target audience. As a typical marketing company, NSPCC promotes its activities and policies including public relations and advertising campaigns. Modern marketing is customer-oriented, so a charity organization like NSPCC depends upon physical layout, customer service and processes concerning customer service. Unique services help NSPCC to sustain its market position and develop strategies according to current needs and demands of the target audience. Given the increasing turbulence and complexity of the market place, and the rapid pace and impact of technological change, the need for a disciplined, systematic approach to the market has never been greater. Customer service and processes involve call centers and support, people's centers and live chats, etc. Physical layout involves attention to learning environments a nd attractive layout of agencies, etc. in sum, these features show that NSPCC follows marketing principle of a traditional business applying them to unique environment and purposes (McDonald and Christopher 29). The location of the customer is not strictly physical, though. In many if not most instances of service-giving, location is preponderantly psychological. Even physical location is likely to be chosen for its psychological "image" association or its easy exploitation of well-established customer habit. Successful service is always as much an entertainment

Principles of Database Design Essay Example | Topics and Well Written Essays - 500 words

Principles of Database Design - Essay Example At the same time, it retains value system integrity and competitive advantage. The plan is a framework for continual operations under adverse circumstances such as crime or disaster. A disaster recovery plan is a document created to protect a business IT infrastructure in case of a disaster. It comprehensively specifies the actions a business should take before, during and after the disaster Disaster recovery plans take place as a compartment of defining the steps undertaken in business continuity planning. The physical and logical units in an IT environment that necessitate the application of business continuity procedures include internal and external disk storage, microcode and firmware, disk partitions and networking design. The database design principles employed in disaster recovery entail: creating baseline specifications for primary systems e.g. PBX system and secondary systems like call centre or voicemail, determining how and if the system would interfere with the existing systems, establishing who will be using the system and whether network assets are necessary, determining database security, change control requirements (Blokdija et al, 2008). A database-oriented product can be designed depending on the business continuity or disaster recovery activity to be performed- single location or system, maintenance, risk assessment and incident response plans.  E-commerce is accelerating the necessity of shorter recovery points and times and greater concentration on dedicated recovery solutions. Business enterprises are more systematized for business continuity planning as a result of greater risks. Many emerging technologies are designed to increase business continuity elasticity, reduce recovery times and reduce expenses. Manufacturers are introducing emergency backup programs into the market to facilitate an increase in CPU capacity during emergency conditions. The increases are stable and paid for per consumption.