Business and financial performance of Fresnillo Plc

An analysis and evaluation of the business and financial performance of Fresnillo Plc over the period 1st January 2015 to 31st December 2017 PART 1 – Project Objectives and overall research approach 1.1 Reasons for Choosing the topic and organization With a passion for Finance and a desire for wealth creation through investing in profitable … Read more

Managerial accounting (cost accounting)

Managerial accounting, also known as cost accounting, is defined by the textbook as the phase of accounting that is related to providing information to managers for use within the organization (Noreen, Brewer, & Garrison, 2014, p. 19). Managerial accounting information is aimed at helping managers within the organization make sound business decisions. On the other … Read more

Accounting Principles

Introduction to Accounting Concepts and Principles Accounts are records of financial transactions, where the information about how much has been spent and how much has come in, is entered onto a sales ledger. The completed ledger can be manipulated to produce reports and this helps with financial planning. In preparing accounts there are several accounting … Read more

Capital Structure And Payout Policies

According to their current situation we do not think Blaine Kitchenware’s current capital structure and payout policies are appropriate. Blaine is currently over-liquid and under-levered and their shareholders are suffering from the effects. Since Blaine Kitchenware is a public company with large portion of its shares held by their family members, they have a financial … Read more

Lack of Talent in the Accounting Industry

Lack of Talent in the Accounting Industry Abstract The paper is about the lack of talent in the accounting industry which has been a significant problem the industry has been facing. With that having been said the research paper is talking about a couple of topics within the accounting industry to help explain why there … Read more

Preferences of employers in relation to expectations of accounting graduates

The current environment beset with numerous changes due to globalization, heightened competition, numerous amounts of transactions, technological advance, increasing growth of knowledge makes the role of accountant as a “bean counter”. This reality renders accounting as a key discipline because it functions as the “language of business” (Burritt and Tingey –Holyoak 2011). Presently, accountants are … Read more

Personal development plan (accountant)

Personal Development Plan – Task 5 Introduction A personal development plan is ‘A structured and supported process to develop students' capacity to reflect on their learning and achievement’ (Dearing, 1997). In this plan I will be looking at the key requirements for me to achieve a career as an accountant working in professional practice as … Read more

The accounting industry

Overview The accounting industry is one of the most steadfast on the planet. It has often been called the “language of business,” and is the backbone of every economic entity. Thus, as the global economy progresses, so does the need for accountants. The profession measures the results of an organization’s economic activities and conveys this … Read more

Accounting articles : reviews

Academic Research Article #1 In Mary Barth, Wayne Landsman, Mark Lang, and Christopher Williams’ research article, “Are IFRS-based and US GAAP-based accounting amounts comparable?,” is primarily concerned with the comparability of IFRS adopted by non US firms as they compare with US GAAP applied by US firms. There has been much debate on the convergence … Read more

The development of unique accounting standards

As per Hines in the “Accounting, Auditing and Accountability Journal, 2 (2). Pp.72-92, the professional accountants has the most gain from the development of conceptual framework because their work is now independently recognized, different from other professions such as law, engineers. As per the conceptual framework, expertise in accounting professionals are those who possess the … Read more

Current Purchasing Power Accounting

Question 1   Three alternatives to Historical Cost Accounting (HCA) are: 1. Current Purchasing Power Accounting (CPPA) 2. Current Cost Accounting (CCA) 3. Continuously Contemporary Accounting (exit price accounting) (CoCoA) Descriptions CPPA CCA CoCoA Definition CPPA adjusts to the changes in general price level over the period of time such as during inflation, purchasing power … Read more

Ethics in Accounting

There is a consensus among scientists, accounting professors, practitioners and accounting professionals. They said there was a full need for the accountant’s values and ethical obligation during the work there have been a number of studies and research in this area. There are a number of charters issued in different countries. From time to time … Read more

Accounting standards for financial reporting

The conceptual framework and accounting standards for financial reporting provides an agreed set of fundamental principles and concepts that leads to consistent standards to ensure that these principles are met accordingly and the information required by users are faithfully represented and relevant (FASB, 2010). These standards are required in order to ‘’assess managements stewardship and … Read more


The accounting equation also known as the balance-sheet equation, is the fundamental equation of the double-entry bookkeeping system that displays what is owned and what is owed by the owner or entity (Luthra, n.d.). The accounting equation is generally expressed in the form of ‘Assets = Liability + Owner’s Equity’, but for a corporation the … Read more

Cash Method of Accounting

The cash method of accounting for tax purposes allows business taxpayers to recognize revenue and expenses when actual monies are received. Income is reported when a customer hands over money for the sale of goods or for services rendered. However, income received near the end of the tax year requires the use of the constructive … Read more

Auditing advantages and limitations

Chapter-1 INTRODUCTION INTRODUCTION The review of saving money organizations assumes an imperative part in India as it manage the saving money organizations in right way. In review of banks incorporates different sorts of review which are ordinarily completed in saving money organizations, for example, statutory review, income/wage use review, simultaneous review, PC and framework review … Read more

Accounting standards

Over the period 2004-006, the Australian Accounting Standards Board (AASB), on behalf of the International Accounting Standards Boards (IASB) has greatly developed the accounting standards, in intangible assets, revenue, leases, and liabilities. Thus as from the year 2006 International Accounting Standard Board and the FASB conducted an essential Memorandum of Understanding in which the International … Read more

Payments in breach of international sanctions

Different countries may or may not treat payments in breach of international sanctions as money laundering. Some jurisdictions differentiate these for definition purposes, and others do not. Some jurisdictions define money laundering as obfuscating sources of money, either intentionally or by merely using financial systems or services that do not identify or track sources or … Read more

Optionally fully convertible debentures

An Optionally Fully Convertible Debenture is just a kind of Bond that can be converted into Equity Shares by the investors if they want to. So, this is a kind of hybrid market instrument that would come under the jurisdiction of the Securities and Exchanges Board of India (SEBI) These two companies were raising thousands … Read more

Management accounting

Introduction Moved over the existing risks and competition conditions, company management needs management accounting, which is a portion of the company’s accounting system and is planned exclusively to assist managers in the decision making process. Referable to the diversification of the yield and sales actions, there has become imperative, from the viewpoint of company formation, … Read more

Creative accounting

Creative accounting techniques regarding non-current assets generally refer to the treatment of development costs and of goodwill, to revaluation, amortization policy and impairments, to capitalization of expenses subsequent to commissioning and to interests. For example, creative accounting techniques regarding the development costs are linked to the decision to capitalize or not the expenses, and also to the capitalized … Read more

Accounting information for investors

1.1 Research Background Mauritius keeps on being around the most focused, stable, and great economies in Africa, with a Gross Domestic Product (GDP) of $11.5 billion and for every capita wage of over $8,400 in 2012, one of the most astounding in Africa. Mauritius heartily looks for foreign financing and prides itself on being interested … Read more

How to write an accounting essay

Writing an accounting easy requires you to understand several things regarding the uniqueness of this kind of an easy. The kind of data to be in such an easy must be supported by factual figures that are verifiable through accounting calculations.

The below steps show you some guidelines on how to write an accounting essay.

For an individual to be able to write a successful and credible financial report in an accounting easy, then they are required to have very tangible facts and information that will prove the credibility of such a report. It means that you need to be able to define clearly the difference between the facts and the general information. Consequently, it is extremely vital to know who your audience is. If reporting to management it is different in terms of the level of writing to say that of financial analyst experts. The latter requires more numerical explanation than words.

Step One: Introduction

At this first stage, it is the point where the writer needs to show their understanding of the topic they are reporting about. They should be able to clearly show this in the first stage of the report. The basic concept at this stage is to ensure that the writer gives a clear outline of the objectives to this report. This will give the reader a clear guideline of what to expect in the easy and this prepares them as they go through the report.

Step Two: The Structure and Planning

Understanding how to write an accounting essay is not just about writing the essay. It’s also about knowing how to structure and plan your essay. After the first step where the writer establishes their understanding of the question, they should by now have identified their audience. This will determine the kind of structured approach which the writer is to use at this stage. There must be a very clear and concise layout and plan for the accounting easy. This means that there is clear organization of the subject areas. The plan should follow the Financial Reporting Standards that provide this concise plan system to the accounting paper. References from the International Accounting Standards that provide for various current accounting concepts need to be resourced. This means that it is at this stage that you begin to answer the question pose in the introduction step.

The planning of this stage requires a writer to select and identify their sources of information clearly. They should be able to identify their primary data sources, their secondary data sources and their tertiary sources of data. They also need to indentify the accounting data to be used at this stage in terms of ensuring that the data or information they are providing is credible. This data however has to be accurate and verifiable in accounting terms and mathematics. A writer should not just put figures for the sake; even estimated figures should have clear mathematical figures that help support the assumption given. The whole idea is to ensure that the information presented in the report if factual rather than just theoretical. Sourcing of referencing materials in accounting require their compilation such that they are able to backup the data provided. The kind of references to use need to be scholarly, that could be even from a past research done about financial accounting. The number or the amount of references to be used depends on the length of the report and the nature of the easy being written. In most cases a writer will use research data conducted by others in gathering financial information. You could conduct your own research; however it is not quite feasible and hence the writer will need to use research completed by others. The data gathered from this research should be used by the writer to add value to the easy being written. It is meant to provide the factual aspect needed in financial reporting. It will hence support or even challenge a particular financial concept detailed in the question. A vital thing to note at this stage is that brainstorming could prove very important. Accounting reports require quality information and details on it. This guarantees the credibility of the information. Hence with brainstorming it will provide the writer with very valuable information that could prove vital in ensuring the high quality easy that is demanded.

Step Three: Inclusion of Calculations or Analysis

This stage is the point that the writer proves the information they provided with actual financial calculations. This means that they are proving that the information they provided if factual and verifiable mathematically. It involves analysis of various accounting concepts that have been discussed in the easy. However, the inclusion of the charts, calculations, figures and the graphs should only be considered if the writer feels it will add value to the easy. The audience also will matter especially if this report will be read by financial analyst who may require these calculations. In addition it is vital to understand that not all financial reporting require calculations, others require discussion of the fundamental concepts in accounting.

Step Four: Conclusion and Recommendation

This is the final step of the essay. This is the point whereby the writer answers the overall question relating to the entire easy. There is a consistent summary that discusses the undertakings in the body of the easy. That means it provides the overview of the entire easy. It also highlights the analysis and the results from the calculation of the financial data. At this stage the conclusion should provide the outline of the answer to the question that has been discussed while at the same time the writer has to expresses their own point of view.

Other Considerations

You need to consider the appropriate form of language and the reference style to be used. Harvard referencing style is commonly used in business writing. Grammar and spellings are important factors to be very mindful of while writing this easy. Proofreading will help solve this issue so as to have a quality easy. Every step of writing should add value to the easy.

We hope you learnt from reading our free ‘how to write an accounting essay’ guide.