Political, Legal And Regulatory Environment Of China

Political, Legal and Regulatory Environment of China The People’s Republic of China is a single-party state that is governed by the Communist Party of China (Walton). The President of China is Xi Jinping and he also the General Secretary of the Communist Party of China and the Chairman of the Central Military Commission, which makes him China’s paramount leader (Moore and Phillips). The Premier of China is Li Keqiang, which is a role similar to the Prime Minister in England. The government in China is stable, despite the increasing power distance between the wealthy and poor. In the midst of this power struggle and protests by few citizens, a survey by Tony Saich at Harvard s Kennedy School of Government shows that between 80% and 95% of Chinese people were either relatively or extremely satisfied with central government (Jacques). Intellectual Property Rights are a major issue in China due to piracy and counterfeiting. According to one copyright industry association, the piracy rate remains one of the highest in the world (over 90 percent) and U.S. companies lose over one billion dollars in legitimate business each year to piracy (U.S. Department of Commerce). To combat the piracy and counterfeiting, China has passed an amendment to their criminal law that makes it illegal to bribe non-Chinese government officials. This was created to mirror the United States Foreign Corrupt Practices Act and make it easier for international companies to compete for business in China.Show MoreRelatedGlobal Marketing1078 Words   |  5 Pages2009). Because China has the most economic opportunities and presents the greatest threat to the personal and small business computer VMTECH Sys has identified a strategic need to establish a research and development division to be physically located in China. This research paper will ana lyze and review the economic opportunities and threats that VMTECH RD can expect to encounter as well as other market conditions which will affect the operations of a division located within China. Market EntryRead MoreExternal And Internal Environment Analysis835 Words   |  4 PagesMuch research and development goes into the marketing plan for any company. This often requires extensive external and internal environment analysis. When conducting external environmental analysis, a company must consider six factors. These factors include competition, economic growth, political trends, legal issues, advances in technology, and sociocultural trends (Ferrell Hartline, 2014). I have a strong interest in technology and gadgets. With that being the case, I chose the iPhone asRead MoreSwot Analysis Of Alibuba In China1093 Words   |  5 Pagesgiant with a portfolio of innovative smaller companies working within it. However, the fact that a vast majority of their revenue is generated in China (83% of their revenue from Chinese commerce in 2015 http://www.alibabagroup.com/en/news/press_pdf/p150507.pdf ) has led Alibaba to make a strong push to expand internationally. Alibaba mus t expand beyond China to achieve its aspirations as an international industry-leader and to continue its strong trend of growth. A viable market that Alibaba is expandingRead MoreBussiness in Pakistan1686 Words   |  7 PagesRisk Report September 28, 2011 Pakistan Country Risk Tier CRT-5 †¢ The Country Risk Tier (CRT) reflects A.M. Best’s assessment of three categories of risk: Economic, Political and Financial System Risk. †¢ Pakistan, a CRT-5 country, is itself the site of military and terrorist activity. Its fundamental lack of political stability is a challenge to its economic and financial outlook. Economic Risk Moderate Low High †¢ Regional instability and domestic bureaucratic inadequacies challengeRead MorePestel Analysis - Banking in China1112 Words   |  5 PagesUsing PESTEL analysis to understand the macro-environment that impacts the Banking Industry in China. Political Factors †¢ China has a socialist political system †¢ China has entered into the WTO and as part of the commitment to open up the banking industry, has issued the Rules for Implementing the Regulations Governing Foreign Financial Institutions in the People’s Republic of China , which allows Foreign financial institutions to provide foreign currency services to Chinese enterprisesRead MoreBarriers to Foreign Investment in the Chinese Internet Industry1675 Words   |  7 Pagesbusiness in China is not easy, even though the country has the largest Internet user population among all countries in the Asia-Pacific region. Chinese laws make foreign investment difficult, and the country -- quite unlike the United States -- has strict legal controls on information and distribution and poor enforcement of intellectual property laws. This article explains the barriers facing high-tech companies in China. [pic] Introduction | | China has the largestRead MorePollution on the Canadian Oil Sands: An Environmental Problem1809 Words   |  7 Pagesbusiness, including setting environment standards and funding environmental research. Also involved are the customers, which is why the Keystone project was so controversial it would have made the US the biggest customer for oil sands oil. The issue of this oil has also been used as a political football in Europe (Lewis, Ljunggren Jones, 2012). The United States is the majority customer by far, in addition to the domestic market, but there is also the possibility that China will become a major customerRead MoreChinas Ability to Attract Multinational Companies Essay1097 Words   |  5 Pagesthe organization. In addition, companies are influenced by external factors such as economic and political conditions. However, multinational companies encounter more complicated risks, especially because of the scarcity information about the new environment. After China’s admission to WTO in 2001, it has become as one of the most important destinations for international business. It seems that China is a big market that is supported by the central government and has a strong potential economic andRead MoreEconomic And Political Risks Of Algeria1577 Words   |  7 PagesAlgeria is a CRT-5 country with high levels of economic and political risk and very high financial system risk. In terms of economics high oil revenue declined over 45% in first quarter of 2015. This then led to state spending cuts and delay of surplus of state funded projects contributing to the limit of revenue shortfall. The unemployment rate is also high at 10% contributing to the instability of the economic financials. Politically the risks are high due to large scale labor strikes, due to inadequateRead MoreBriefly Compare the Political Regime Type in China and India. Which of the Two Would You Prefer to Do Business in and Why?1478 Words   |  6 PagesPOLI3 001 Assignment No. 2 Briefly compare the political regime type in China and India. Which of the two would you prefer to do business in and why? India and China are two republics that have experienced very opposing political regimes throughout history. China has been fundamentally stable country with a lack of a distinct authority figure (Desai, 2003). Being a single party state China has been controlled by the Chinese Communist Party since the 5th National Congress held in 1927 (Wang,

The Suicide And Suicide Prevention - 1534 Words

Suicide is defined as death by an act of self-infliction as an effort to end one’s life. According to the Centers for Disease Control and Prevention (2013), suicide was the tenth leading cause of death for all ages among Americans in 2013. It is the second leading cause of death among fifteen to twenty-nine year olds globally stated by World Health Organization (2015). Suicide being ranked that high on the lists of causes for deaths is astonishing because each of those deaths was preventable. Having awareness, knowledge, and the resources about suicide and suicide prevention must be utilized to provoke social change in individuals, families, and communities. The purpose of this teaching plan is to teach about suicide and suicide preventive strategies to adolescences ages twelve to nineteen years, using the humanistic learning theory and health promotion model, to a group in the identity versus role confusion psychosocial development stage and formal operational stage of c ognitive development. Population Identified Adolescent suicide is an increasing mental health concern. Adolescents are considered a high-risk group in view of the fact that suicide is the third leading cause of death among the ages ten to fourteen and the second leading cause of death among ages fifteen to thirty-five (Centers for Disease Control and Prevention, 2013). Alarming statistics such as these have bought enough attention to add â€Å"Adolescent Health† as a new topic in Healthy People 2020Show MoreRelatedSuicide Prevention : The Dangers Of Teen Suicide And Suicide736 Words   |  3 PagesTeen Suicide is dangerous. You might think your child’s not at risk, that they are completely fine. Think again, everyones child is at risk. Child and teen suicide is only growing and it’s increasing risk doesn’t seem to be slowing down. Teen Suicide Prevention is the way to protecting our younger generation from fighting depression. Through reminding our kids their life is worth i t, the amazing Sources of Strength program, and through telling our kids the dangers of teen depression, we can resolveRead MoreSuicide Prevention1879 Words   |  8 PagesRobert Pellen English 101C-1T Professor Landis 14 December 2010 Suicide Prevention for the Military Today is very sad and troubling days in the military. The hero’s are coming home from war safe and sound only to die by their own hands, suicide. I am deeply saddened to know that my band of brothers and sisters are dying. The fact that they are not dying on the battle field is not what has my sorrows at the forefront of my thoughts, but that they themselves are taking their lives by their ownRead MoreThe Importance Of Suicide Prevention1498 Words   |  6 Pagesdefinition of suicide is the act of intentionally causing one’s own death. Suicides happen every day and the emotional impact such an act has on individuals, families, and communities is devastating and tragic. Unfortunately, suicide has become a much bigger social issue than society likes to admit. Many people seem to think of teenage years as their happiest years in life but what others do not know is that someone can be suffering from pain caused by an emotional or environmental issue. Suicide preventionRead MoreA Suicide Prevention Center1187 Words   |  5 Pages If a person has a suicide related crisis, what should they do? A good place to start is calling 1-800-273-TALK. This is the National Suicide Helpline, and is an immediate resource to someone in crisis. Several centers around the United States maintain the helpline and provided suicide related services to their community. One of the centers in Colorado is Pueblo Suicide Prevention Center. The agency has been working with suicide related issues for over forty years and has many accomplishments. TheRead MoreThe American Foundation Of Suicide Prevention935 Words   |  4 PagesThe American Foundation of Suicide Prevention is a non-profit organization acknowledges that suicide and mental health problems are part of our society and by understanding this we can better support those in need, and suicide affects a tremendous amount of people and proper education and treatment can prevent people from committing suicide. â€Å"Each year in the United States, suicide claims over 40,000 lives - more than war, murder, and natural disasters combined†¦Suicide is not just a faceless healthRead MoreSuicide Causes and Prevention Essay1599 Words   |  7 Pagesevery 18 minutes, someone in the United State commits suicide† (Flanders 3). Ranked tenth in leading causes of death in the United States, suicide claims the lives of more than thirty thousand people a year (Flanders 3). Recently, there has been an increase in self-destructive behavior among young adults (Flanders 3). â€Å"Almost everyone in the United States has been touched in some way by suicide† (Flanders 20). By studying the social issue of suicide, one can identify the causes and help prevent moreRead MoreSuicide Prevention Of The United States1269 Words   |  6 PagesSuicide Suicide is defined by Merriam-Webster as â€Å"the act or an instance of taking one s own life voluntarily and intentionally especially by a person of years of discretion and of sound mind†. According to the â€Å"CDC Suicide is the 10th leading cause of death in the United States for all ages (SAVE – Suicide Awareness Voices of Education, 2015).† After a loved one commits suicide â€Å"Many feel unable to provide adequate support and struggle to understand the depth of distress (Support After SuicideRead MorePrevention of Suicide in Adolescents Essay1317 Words   |  6 Pagescrucial for suicide prevention in adolescents. By having the community involved, it allows a more effective prevention plan, along with measures on how to properly handle the situation more efficiently. The U.S. Department of Health and Human Services (HHS) Office of the Surgeon General and National Action Alliance for Suicide, revised the National Strategy for Suicide Prevention (NSSP) in 2012. In which, they classified suicide prevention interventions into two categories: prevention targeted atRead MoreThe Suicide Health Prevention Hotline996 Words   |  4 PagesSuicide has always been looked down upon and people would do just about everything in their willpower to prevent it. There are plenty methods to avert people from committing suicide such as the suicide health prevention hotline, support groups, friends, and family. However, all these methods are not as resourceful when the person is already dying. And, if the one who wants to commit suicide is lying in their death bed enduring an excruciating pain, then do the people who oppose suicide have the rightRead MoreThe Suicide Prevention Awareness Clinic Essay1501 Words   |  7 PagesSuicide is still a major public health problem in the United States today. The Centers for Disease Control and Prevention (CDC) documents several disturbing statistics on suicide in America. The most significant one being that suicide is the eleventh leading cause of death in the United States across all age groups. (D’Orio, 2004) What most people don’t understand is that people who commit suicide are suffering from some sort of mental illness. Most people often see mental illness as a character

The Dark Ages Of Europe - 1672 Words

The Dark Ages of Europe is one of the most known horrible times recorded in human history. When Rome finally crumbled it was a devastating time, it lead to the worst time period that Europe has ever seen; full of disease and poverty. It started in 410 A.D and ended in 1200 A.D. During this time people would rather die a horrible death than to actually live through this time. Terrifying Vikings tore through the continent along with cruel Knights. Barbarians ravaged through what was first the amazing Rome and shoved it on its knees. People lived in huts and worst of all, the worst enemy of them all was the pandemic The Black Death. We’ll tour you through what s it was like during †¦.. The Dark Ages. At the beginning of this time period, before the decline, Rome was the mother of the world. It is the largest recorded empire ever known and was one of the wonders of the world. It was the center of trade and was the protector of Europe. The fall of this miraculous empire was the very beginning of the dark ages. Without Rome s protection, that meant that western Europe was defenseless against others. Eastern Europe still had rulers Justinian and Theodora, but they weren’t much help to the beginning of the fall of Europe. Without Rome s trade, they didn t have any money or supplies. The fall of Rome’s main center lead to the beginning of the Dark Ages. During the Dark Ages, the people of Europe became more savage and greedy then they were before, with stealing, killing, and wholeShow MoreRelatedMedieval Europe : The Dark Ages1231 Words   |  5 PagesMedieval Europe: The Dark Ages By: Robbie Kees, Keegan Sokorai, Lizzy Heinemann, Victoria Crooker, Zack Dahms, and Lily Lugiano Europe fell into the Dark Ages in 410 AD, when the Mother of the World fell to economic and social troubles. Rome had supplied food, language, and knowledge of architecture and farming, et cetera. So much, in fact, that Europe was conquered immediately after Rome fell. The Visigoths are a tribe of nomadic barbarians from Germany, who are more commonly referred to as theRead MoreCharlemagne: The Hero of the Dark Age Europe Essay1170 Words   |  5 PagesMost scholars, under the same breath, deem Charlemagne as the hero Dark Age Europe needed. As the king of the Frankish kingdom, Frankia, from 768, he started recovering order after the collapse of the Roman Empire in the Dark Ages. On the other hand, some believe that he is the cause of World War II. They reason that he caused the separation of his land into Belgium, Luxembourg, the Netherlands, and western Germany by giving parts of his kingdom to his sons. However, his sons, through their foolishnessRead MoreThe Middle Ages : A Lo ok At The Dark Ages718 Words   |  3 Pages 4/18/17 The Middle Ages is associated with the Dark Ages due to the period including social disorder, political turmoil and widespread disease. The Middle Ages was a period between 500 A.D. to 1500 A.D. during which Europe experienced many drastic changes following the fall of Rome. Some of these changes were beneficial, but the changes also caused negative effects too. Overall, the Middle Ages was a dark time for Europe. The Middle Ages was a dark time for Europe because there was widespreadRead MoreWere the Dark Ages Really so Dark772 Words   |  4 Pages Bishops | The World Around The 1600’s | Essay Topic: Were The Dark Ages Really So Dark? | | Aidan Bizony | 29-Jan-13 | Were the dark ages really so dark? It was first used when people began to see a contrast between the brilliance of Europe during the time of Roman Empire, the â€Å"light† period, and the sudden deterioration during the centuries after the collapse of Rome. Throughout the time of Roman occupation in Europe, the European economy and culture were thriving. However, when the EmpireRead MoreThe Age Of Europe During The Medieval Era1717 Words   |  7 PagesMiddle Ages occurred in Europe. This era began as the Roman Empire collapsed, following the disorder that occurred because of the destruction of the Romans. During this dark time, there was much disorder. Eventually, this time period led to the rise of feudalism, the immense power of the Roman Catholic Church, and many advancements in architecture, literacy, and art. The variety of events that occurred in this period allowed historians to label it as many things. Four of these labels are the â€Å"Age ofRead MoreThe Decline Of The Middle Ages1506 Words   |  7 Pages The Middle Ages is a medieval time period in Western Europe that lasted from 500 to 1500 C.E. The Middle Ages began as a result from the collapse of the Roman Empire which began in 31 BCE, and fell in 476 C.E. In around 300 C.E. the emperor of the Rome divided the land for easier control. This began the decline of Rome. The Western half of Rome fell to Barbarian invaders, while the eastern half lived on as the Byzantine Empire. The Early Middle Ages began shortly after the western half fell. AfterRead MoreEssay about The Deserving Titles for the Middle Ages896 Words   |  4 PagesRoman Empire, Europe remained split into two parts: Western Europe and Eastern Europe. Eastern Europe then after developed into the Byzantium Empire and left Western Europe in a period of slow development called the Middle Ages. The Middle Ages occurred around 500 A.D. to 1400 A.D. The Middle Ages were split into several different time periods called the Early Middle Ages, the High Middle Ages, and the L ate Middle Ages, each period contributing to the tension or progress of the Middle Ages. The MiddleRead MoreThe Fall Of Rome And The Renaissance1482 Words   |  6 Pages The Dark Ages were the entire period between the fall of Rome and the Renaissance; they were in fact the start of universities and scientific foundations. During medieval times, mainly right after the fall of Rome, society had a fairly hard time; trying to figure out what to do, many peasants started to farm. Society prospered from what they could personally grow and harvest, and whatever animals they could use, both for hard work and for food. All of this went relatively well, until the plagueRead MoreI INTRODUCTION A. BACKGROUND INFORMATION The impact of the dark ages had a1000 Words   |  4 PagesI INTRODUCTION A. BACKGROUND INFORMATION The impact of the dark ages had a presumed profound negative impact on Western Europe. The primary cause for this was that the taxation system had fallen apart. It was a time when the emergence of new civilizations lead to conflict. â€Å"Invasions† of entire peoples and military expeditions were the largest contributors of these conflicts. Since there were no taxes it left no one to Read MoreThe Transition Of Medieval And Modern Times1235 Words   |  5 PagesThe middle ages marked a dark time in Europe’s history, and the people were anxious to get out. The Renaissance began, and art emerged to create a brighter society. During the Reformation, the country shifted away from the Roman Catholic Church, and many Protestant religions emerged. The Scientific Revolution also marked a change in medical to modern by creating new ways to look at the world and mathematics. The Age of Discovery marked yet an other change in Medical to modern Europe when new technologies

Managerial Decision And Financial Account -Myassignmenthelp.Com

Question: Discuss About The Managerial Decision And Financial Accounting? Answer: Introduction Trial Balance refers to bookkeeping or accounting report that includes the balances of each ledger account of the companies. There are two columns in a trial balance; one of debit balances and another is credit balances. Under the manual system of accounting, accountants prepare the trial balance so that they can discover any kind of errors while posting the entries (Weygandt, Kimmel and Kieso 2015). Thus, it can be seen that that trial balance plays an integral part in the accounting of the companies. In the recent era, the introduction of various bookkeeping and accounting software has almost eliminated the possibility of errors in positing the transactions. Still the auditors and accountants consider trial balance of great importance in case they want to check the account balances of general ledger before the necessary adjustments (Needles, Powers and Crosson 2013). It needs to be mentioned that certain specific reasons lead to the preparation of trial balances for the companies. These reasons are discussed below: There are numerous instances where the accountants to the transportations mistakes at the time of doing the double entries. However, with the help of trial balance, these errors can be identified. In this process, it is required to divide the difference between the debit side and credit side of trial balance by 9 and it will find the error of transportation. Calculation errors can be seen while posting the journal entries and ledger accounts and trial balance helps the accountants to find these kinds of errors. These errors may take place due to the poor calculation power of the accountants (Edmonds et al., 2013). Trial balance plays an integral part in the detection of duplication errors in the financial statements of the companies. There are many instances where the accountants write an ledger balance two times and due to this, the trial balance will not match. For this reason, it is required for the preparation of trial balance for the companies. With the help of trial balance, the accounts become able to identify the omission errors in the posting of ledger balances. In the presence of this error, the trial balance of the companies will not match (Horngren et al., 2012). Thus, from the above discussion, it can be seen that the trial balance helps the accountants in finding different types of errors in the financial statements. For all these reason, it is required for the companies to prepare trial balances. Adjustment Journal Entries are considered as an important part of the accounting process of the companies. The adjustments journal entries help in the conversion of the accounting records of the companies to the accrual basis of accounting. For this reason, the accountants do the accounting journal entries before the issue of the financial statements (Needles, Powers and Crosson 2013). It needs to be mentioned that certain reasons lead to the reordering of adjustment journal entries. As pre the accrual accounting concept, the recognition of revenue is done in the period in which it is earned; and the recognition of the expenses is done at the time of their incurrence. Some business transactions have major effects on the revenue and expenses of the companies more than one accounting period. For example, a company may receive fees for their services for more than one accounting period or may pay their expense for more than one accenting year. In this process, the accountants cannot record advance revenue receive or advance payment of expenses in the financial statements of the current accounting period as it is required to assign them in the correct accounting years and in the correct financial statements (Year 2017). In these situations the adjustment journal entries play an integral part. The main purpose of the adjustment journal entries is the correct assignment of the income and expenses in the correct financial years and in the correct financial statements. With the assistance of adjustment journal entries, the accountants assign a portion of the revenue to the particular accounting period in which it is earned. By following the same process, the accountants assign a portion of the expenses in the accounting period in which it is incurred (Stice and Stice 2013). Thus, it can be seen that the presence of necessary adjustments journal entries ensure that the relevant revenues and expenses are reported in the correct income statements of the correct accounting period. This total adjustment helps in bringing correctness and transparency in the financial statements of the companies and it also makes sure that all the financial statements are developed based on correct accrual basis concept (Brown 2014). In this context, it needs to be mentioned that the adjustment journal entries are done at the end of the accounting period. In the process of accounting for the business organizations, adjusted trial balance is an important concept. An adjusted trial balance refers to the listing of all account names and their balances in the trial balances after the completion of necessary adjustments for the current accounting periods. In this context, it needs to be mentioned that adjusted trial balance is not a financial statements as it is considered as an internal document. The main aim of the development of adjusted trial balance is to make it sure that the debit balance of the trial balance is matched with the credit balance of the trial balance (Chambers 2014). It needs to be mentioned that there are certain purposes that lead to the development of adjusted trial balance. As per the earlier discussion, it can be seen that adjusted trial balance lists the ending balances of the accounts after all necessary adjustments (Chatfield and Vangermeersch 2014). Thus, one of the major purpose of the development of adjusted trial balance is to correct the errors in the journal entries so that they can be recorded in the financial statements of the companies as per the required accounting standards. After that, another major purpose of the development of the adjusted trial balance is to get the summary of the balances of all the accounts so that they can be helpful in the development of financial statements. For this particular reason, all the adjusted entries are recorded in a separate column (Salim and Ferran 2014). Hence, from the above discussion, it can be seen that there are two major purposes for the development of adjusted trial balance in the companies. First, the adjusted trial balance is required for the verification of the debit balances with the credit balances of the trial balance. Second, the presence of adjusted trial balance ensures the effective construction of various financial statements of the companies like balance sheet, statement of cash flows and others. However, in the recent years, disuse can be seen in case of adjusted trial balance due to the inception of different accounting software. The application of different accounting software has minimized the possibility of errors in the journal entries. Thus, from the above discussion, it can be observed that adjusted trial balance has much importance in the accounting of the business organizations (Kuter and Gurskaya 2014). In this context, it needs to be mentioned that the adjustment journal entries are different from the closing journal entries on some major way and the accountants of the companies are required to take into consideration all these aspects. Thus, there should not be any mistake in the recording of these entries (Scott 2015). They are discussed below: The adjustments entries are done at the end of the accounting period so that the financial statements of the companies remain updated as per the accrual basis of accounting. In this aspect, electricity expense of the companies can be used as example. Companies use to use electricity for each day basis, but they get the bill for monthly basis. Thus, it is required for the companies to make the adjustments of the electivity expenses for the last 10 to 15 days in the financial statements so that they can be properly recorded. Thus, it can be seen that it is the responsibility of the business organizations to make the necessary adjustments related to the adjusted journal entries at the end of the financial years (Weil, Schipper and Francis 2013). In case of closing journal entries, it can be seen that they are dated as the last date of the accounting period, but their entries into the accounts are done after the preparation of the financial statements (Gassen 2014). In most of the cases, the income statement accounts are seen in the closing entries. In the presence of the closing journal entries, the balances of the revenue and expenses accounts become zero. It implies that there will be a new start of the revenue and expenses account with nothing as balance in the accounts. It helps the business organizations in the easy reporting of the new year revenue and expenses. Moreover, the net amount of the revenue and expense balances will end in the retained earnings or the owners equity (Socea 2012). References Brown, R. ed., 2014.A history of accounting and accountants. Routledge. Chambers, R.L. ed., 2014.An accounting thesaurus: 500 years of accounting. Elsevier. Chatfield, M. and Vangermeersch, R. eds., 2014.The history of accounting (RLE accounting): an international encylopedia. Routledge. Edmonds, T.P., McNair, F.M., Olds, P.R. and Milam, E.E., 2013.Fundamental financial accounting concepts. New York, NY: McGraw-Hill Irwin. Gassen, J., 2014. Causal inference in empirical archival financial accounting research.Accounting, Organizations and Society,39(7), pp.535-544. Horngren, C., Harrison, W., Oliver, S., Best, P., Fraser, D. and Tan, R., 2012.Financial accounting. Pearson Higher Education AU. Kuter, M.I. and Gurskaya, M.M., 2014. MAIN LINES OF STUDYING GENESIS AND DEVELOPMENT OF ACCOUNTING.Practical Science Edition" Independent Auditor",4(10). Needles, B.E., Powers, M. and Crosson, S.V., 2013.Financial and managerial accounting. Cengage Learning. Needles, B.E., Powers, M. and Crosson, S.V., 2013.Principles of accounting. Cengage Learning. Salim, R. and Ferran, C., 2014. Accounting Server: Automatically Generating Accounting Transactions from Business Modules.Journal of Applied Financial Research,2. Scott, W.R., 2015.Financial accounting theory(Vol. 2, No. 0, p. 0). Prentice Hall. Socea, A.D., 2012. Managerial decision-making and financial accounting information.Procedia-Social and Behavioral Sciences,58, pp.47-55. Stice, E.K. and Stice, J.D., 2013.Intermediate accounting. Cengage Learning. Weil, R.L., Schipper, K. and Francis, J., 2013.Financial accounting: an introduction to concepts, methods and uses. Cengage Learning. Weygandt, J.J., Kimmel, P.D. and Kieso, D.E., 2015.Financial managerial accounting. John Wiley Sons. Year, B.C.S., 2017. Advanced accounting.Journal Entries in the books of Company,12, pp.12-750. calculation power of the accountants