as BusinessObjects XI, Dashboards, Crystal Reports (Wikipedia1, 2014). SAP also offers BusinessObjects BI suite which primarily consists of three functional use cases: Discovery and Analysis, Reporting, and Dashboards and applications (SAP2, 2014). SAP Analysis tool, edition for OLAP is one of the analysis tools, to run advanced multidimensional analysis of OLAP sources which helps in answering analytical questions straightaway (SAP3, 2012). Crystal Reports is one of the Reporting solutions offered
chapter 1 accounting information systems: An overview Suggested Answers to Discussion Questions 1.1 The value of information is the difference between the benefits realized from using that information and the costs of producing it. Would you, or any organization, ever produce information if its expected costs exceeded its benefits? If so, provide some examples. If not, why not? Most organizations produce information only if its value exceeds its cost. However, there are two situations
The US Surgical Case 1) Identify audit procedures that, if employed by Ernst & Whinney during the 1981 USSC audit, might have detected the overstatement of the leased and loaned assets account that resulted from the improper accounting for asset retirements. There are various procedures that could be taken in to account that would, if properly implemented, would have detected the frauds that occurred within the companies. There are many control risks that should have been taking regarding
Issue: 1a) Are the disclosures in the Swiss annual report really unnecessary? 1b) what social, economic, and institutional factors in Switzerland Might be causing the inclusion of these disclosures? 1c) Describe on of the differences in financial reporting between a Swiss company and the reporting in another country? Facts: Rob Carpenter senior manager at a prestigious accounting firm, recently transferred to the international division of acquisition and mergers. Mr. Carpenter was recently
ISSUE: Accounting for Fuzzy Dice Inc. acquisition of Tiny Tots Toys LLC related to decision (1) to use purchased facility to enter another business line or (2) renovate the facility to expand the current production. BRIEF BACKGROUND OF COMPANY Fuzzy Dice Inc. (“Fuzzy” or “the Company”) manufactures novelty items that it distributes to wholesalers and large online and direct-mail retailers. Fuzzy operates in an area where several other light manufacturers operate, one of which is Tiny Tots Toys
fiscal year 1994. 2. Disclosure of franchising stores operating results The operating results of the franchising stores were not disclosed in the company¡¯s financial statements, except for the system-wide store revenue. From the data of annual report, we understand that the total of all franchising stores increased significantly from $152 million in 1993 to $383 million in 1994. However, we have no ideas whether such stores were making profits or not. The profitability of the franchising stores
To be recognized, revenues must be realized or realizable and earned. The revenue-earning activities include delivering or producing goods, rendering services or performing other activities that constitute its ongoing major or central operations, and revenues are considered to have been earned when the entity has substantially accomplished what it must do to be entitled to the benefits represented by the revenues [SFAC No. 5, “Recognition and Measurement in Financial Statements of Business Enterprises”]
organisation determines the different financial statements required to be completed annually. This report will analyse three contrasting types of entities, in addition to the differences in the annual reports produced. From a not-for profit charity, The Salvation Army, to a large New Zealand business, The Warehouse Group and a Maori land trust, Waikato-Tainui. Users of the information The objective of accounting reports are to provide external and internal users the information that enables them to make improved
Company Background The Oil & Gas Company of Trinidad and Tobago Limited is a combined energy based oil Production Company which operates in the areas of exploration, drilling, refining and sells a variety of products such as LPG, gasoline, diesel, aviation and bunker fuel. The company was incorporated in 1995 with a combined operation in the areas of petroleum producing, and refining and marketing. The Oil & Gas Company is one of the crude oil producers in Trinidad and Tobago, with an interest
CHAPTER 1 INTRODUCTION 1.1 Background Investment options are very diverse and complex currently. An investor can invest their fund into every investment that attracts them. One of the investment options in Indonesia is share investment in Indonesia Stock Exchange (IDX). An investor can do investment by purchasing shares from listed company. Before the investors make decision, they need relevance and timely information to analyze the targeted company’s performance. Investors gain the company’s information