CHECK THESE SAMPLES OF Spreadsheet Modelling in Financial Accounting and Reporting
As earlier mentioned, much of the Literature has focused on operational risk in financial institutions with a particular emphasis on the Basel II accord and the quantification of operational risks.... A similar definition is provide in the Dictionary of accounting (1999) as: "operational risk The risk of direct or indirect loss resulting from inadequate or failed internal processes and systems, or from a wide variety of external events".... (Dictionary of accounting, 1999)....
8 Pages
(2000 words)
Assignment
It can be used for tracking workflow, for creating accounting estimates and for key financial reporting.... preadsheets are used for countless business functions and accounting calculations.... The main advantage of using spreadsheet is that it is easy and simple to use.... However, there exist risks of uncontrolled spreadsheet used, which should be analysed to reduce errors....
4 Pages
(1000 words)
Coursework
The skills required include risk analysis and decision making, numeracy skills, measurement skills, reporting skills, and compliance with regulatory and legislative necessities (Oussii and Klibi, 2013, p119).... Despite the vast benefits accrued from the use of accounting, accounting education is seen to over-emphasize the technical capabilities of graduates.... In addition, the components for data extraction, aggregation, and analysis brought value to the accounting management activities during the entire period of the seminar....
8 Pages
(2000 words)
Assignment
The paper "Critique of the Usefulness of Spreadsheet Modelling in Financial Accounting and Reporting" is a great example of a finance and accounting essay.... The paper "Critique of the Usefulness of Spreadsheet Modelling in Financial Accounting and Reporting" is a great example of a finance and accounting essay.... It is done to comply with the rules and regulations of financial accounting and reporting.... Spreadsheets are very much useful in modelling situations in financial accounting and help in various decision-making processes....
6 Pages
(1500 words)
Essay
The precision and global comparability of financial reporting in Islamic accounting are usually developed by means of the general framework set by the accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).... The paper 'Islamic Accounting, reporting and International Financial reporting Standards' is an opportune example of a finance & accounting literature review.... The paper 'Islamic Accounting, reporting and International Financial reporting Standards' is an opportune example of a finance & accounting literature review....
10 Pages
(2500 words)
Literature review
Moreover, the risk related to data alternation and corruption also prevails within this tool, making it quite hard for the organizations of this modern-day context to transfer accounting data stored within the spreadsheets in an interdepartmental fashion (Baxter, 2006).... Such complicacies can be witnessed from the difficulty an organization faces while transferring financial data from its existing spreadsheets to the newly structured ones.... ith this concern, the provided context illustrates a midrange investment banking organization named Cyrmru Capital Investments (CCI), which is involved in using spreadsheet technology for handling all its financial and operational functions....
24 Pages
(6000 words)
Coursework
Similarly, supporting processes such as technical support, recruitment and accounting support the core processes.... The aim of this paper "Business Processes and New Technologies in Business Organizations" was to explore information systems and business processes that employ Web 2....
7 Pages
(1750 words)
Term Paper
The paper "accounting Information System" is a reasonable example of a Finance & accounting essay.... The paper "accounting Information System" is a reasonable example of a Finance & accounting essay.... The paper "accounting Information System" is a reasonable example of a Finance & accounting essay.... Nevertheless, the continued development of information technology and related infrastructure has resulted in companies using computers in their daily business transactions, and even accounting work is now computerized....
9 Pages
(2250 words)
Essay