answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: How will having a budget help you cope with personal changes?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Accounting

Which statement includes a rebuttal?

While I can see Dixon's point, it's clear that he hasn't considered how the monument will affect American Indians - APEX


I received an invitation letter from the “Open Journal of Clinical Diagnostics”, which is one of the journals launghed by SCRRP. Does anyone know about ”Open Journal of Clinical Diagnostics” Should I trust it to publish my article there?

I was invited to have a review on one of the papers submitted which was within my research interests. I think the review process is good. Actualy, I had two round of review on it as I gave a review on the first round of what I reviewed. I received a certificate after the review. On this point, it is restrict. You may have a try.


Vouching in the backbone of audit?

What is meant by Verification of Assets? What are the objectives of verification? Solution: Vouching is concerned with checking entries in the books of accounts with the help of vouchers. The accuracy of books of accounts is maintained through vouching. The entry is recorded and posted on the basis of vouchers only. Comparing of figures in entries and vouchers can help the auditor to locate errors. The location and correction of errors leads to reliable data. The vouching is that the backbone of auditing for discovery of errors. Vouching is an element of auditing. The minor frauds are detected by it. The management can fix the responsibility of fraud. Vouching is a tool in the hands of auditors for ensuring that the books of accounts are accurate. Vouching is essential for checking totals and sub-totals. The total of voucher are tested. The deductions of discount are checked. The addition of taxes or other charges are noted. The net amount is recorded in journals and ledgers. There is a need of correct total for accuracy. Vouching is the essence of auditing. There is a demand for accurate record of audit. When posting is complete in all respect, it means work of vouching is under process. The trial balance is extracted from such record. It will facilities audit work. Verification of Assets The object of verification of assets is the satisfaction by the auditor as to its existence, proper valuation, correct ownership, proper disclosure etc on the balance sheet. Verification of liabilities is also as important as verification of assets. If the liabilities are overstated or understated the balance sheet will not represent a true and fair.Auditor has different responsibilities. If the auditor fails to verify the existence of assets he will be held liable. It is not possible for the auditor to inspect each and every asset e.g. stock. If this duty is imposed on him, it may take weeks, months for him to actually inspect each asset 1. The auditor should verify the records (accounting books) with reference to the documentary evidence. Physical verification of fixed assets is the primarily the responsibility of the the management. 2. The opening balance is to be verified from schedule of fixed assets, ledger or fixed asset register. 3. Assets acquired during the year or improvements done during the year should be verified on the basis of purchase orders, invoices, material receipt notes, and title deeds. 4. Capital assets built inside (self- constructed fixed assets) and capital work-in-progress should be verified by reference to work- order records, contractor bills. 5. For fixed assets fully depreciated during the year of acquisition, the auditor has to examine whether they were recorded in the fixed assets register. 6. In the case fixed assets registered, the auditor should examine (i) the authorisation procedure (ii) sales process (calling for quotations etc.) (iii) adjustments to the account of the asset (iv) accounting for the proceeds of the sale and (v) adjustment for the gain or loss on the sale. 7. Ownership of assets such as land and buildings should be verified by examining the title deeds. In case the title deeds are with other parties such as bankers (mortages or safe custody) and solicitors, confirmation should be obtained directly by the auditor through a request mailed to the concerned persons signed by the client. 8. Physical verification is the responsibility of the management and they need to ensure that it is carried out at appropriate intervals in order to ensure assets are in existence. The auditor has to ensure that physical verification was done. For this purpose, he should observe the verification being conducted. He should examine the instructions given by the management for physical verification and working papers of physical verification. It is to be ascertained that the persons carrying out the physical verification has the necessary competence. Objectives of the asset verification (1) To comprehensively find out the asset status of central enterprises, to faithfully uncover the conflicts and problems existing in enterprises, to truthfully and completely reflect the asset status, financial status and business achievements of enterprises and to enhance the quality of the accounting information of enterprises. (2) To comprehensively check and verify the asset losses of central enterprises and cope with the losses in light of the policies of the state on asset verification, to promote


How do you start a journal entry?

JOURNAL AND DIARY WRITING TIPSWriting journal or diary is simple but effective way to develop and enhance greatunderstanding about your self, understanding about how you become what you are, what directions you want to go ahead in your life. It helps you to connect to your experiences both in everyday life routine and otherwise. Life is lengthy but learning process, we should stay connected to ourselves, journal and diary writing can guide, inspire and Journaling is a simple and effective tool that allows you to develop a greater understanding of who you are, how you came to be the way that you are, and what direction you want to head. It connects you to your experiences -- both the mundane and the extraordinary. Life is a learning process, but how can we learn if we are disconnected from ourselves? Journaling can guide, inspire and mend.Advantages of writing diary and journal:It can help in healing personalities, Can be meditation.Can provide emotional stability.Provides place for dreams and ideas to grow.Allows you to gain clarity as you sort through the constant deluge of daily lifeInsights emerge as you deal with your issues honestly in the privacy of your journalInsight yourself can help dealing with your issues honestly in the privacy of your journal and diaryIt helps in catharsis.It can help unload the burden of heart. GETTING STARTEDStarting a journal / diary can be discouraging and intimidating. All of those blank pages staring at you -- where do you start?Five starting thoughts:"Today, I am grateful for�""Right now, I am feeling�""One way to lighten my life would be to�""Three things I know to be true are�""I have faith that�""My life is lacking�" Journaling ideas if you ever get stuck on a blank page:Start with a quote that provokes thoughtWrite about an image you saw -- artwork, a photograph, a gesture observedWrite about your feelings on a certain event, idea or personInclude newspaper clippings and photosWrite about a change in your life and how you dealt with itList five ways that an experience affected you positively If you had five different lives to live, what would they be? An artist, a doctor, a teacher, a photojournalist? No holding back! What does your dream life look like? Collect photos or anything that has to with your dream and put them in your diary. Visualizing your dreams is an effective tool for making it happen!Make your goals and dreams happen:What decisions have brought you to where you are today?Where do you want to go from here?The hardest decision?The biggest breakthrough?The biggest challenge?What do these experiences teach you about yourself? What are your goals in these arenas:CareerRelationshipPhysicalSpiritual TipsBlank page still making you hesitate? Fill it up!Paste in a copy of an email or letter you wrote to someonePaste in a newspaper clippingPress a flowerUpload a photoWrite the lyrics of your favorite songCopy in a poemPaste in a postcard as photoSketch, doodle, stamp, collage Write freely. Don't worry about spelling or grammar. Your diary is for you and you alone. You may share it with someone later, but when you are writing, write it for yourself. Don't write to impress anyone. Be true to yourself. Find time!. You'd be amazed at how much "extra" time we have in our busy lives.JOURNAL THEMESMeditation/Prayer Journal/diary: Keep inspirational quotes in this diary and a record of specific prayers or meditations. Think of this diary as a place to seek guidance and answers from your higher power and as a daily record of what God is doing in your life.Travel Journal/diary: Writing as you travel will capture as much and even more of the essence of your trip than just photographs. Write during layovers ,or at the day's end. Paste or write in your itinerary..Quote Journal/diary: Write your favorite quotes in a Diary dedicated solely for this purpose. Don't forget to write where you got it from, as you may want to go back to that book again!Grief and Healing Journal/diary : Use a diary to help you during an illness or the death of a loved one. So many emotions and issues come to the surface we deal with the mortality of being human. Journaling or writing diary can help you cope with an illness or with a death of a loved one. Use it as a tool to find the beautiful things in life when things look so bleak. If you have lost a loved one, a grief and healing journal can be used to maintain "communication" with him or her. On birthdays or anniversaries of his or her death, write to that person and describe how the past year has gone.Dream Journal/diary: Write down your dreams as soon as you wake up in your diary. Dreams can be very telling of how we feel about current situations. Or sometimes, they are so bizarre that you just have to write them down!Remember: You can never journal / Diary wrong. Your diary is whatever you want or need it to be. The way will open ...


Related questions

How is the body able to cope with changes?

the body is able to cope with such changes because it has (H2-O).


How is the body able to cope with such changes?

the body is able to cope with such changes because it has (H2-O).


If a problem is defined as personal who are employed to cope with the problem?

You are


How do you cope up with loss of economic support in the family?

By begining to plan your budget, or if you already do that, plan it in such a way that the current economical income will suffice. If that is impossible, then you dont cope.


How do different institutions cope with changes in society?

They try to adapt. Every group needs to adapt to the changes in order to thrive and continue on with making products and services for society.


How does one cope with the reprecussions of having a car stolen?

pray


Where might family and friends of a client get support in the form of information and guidance to help them cope with the changes in a person regressing with dementia?

OMB guideance eamines the risk associated with collecting personal information ia a system


How does a sea anemone cope with the changes of a rock pool?

they cling onto rocks


How do you cope being single?

by keeping busy and having friends with benefits


This process produces offspring that are better able to cope with changes in the environment?

asexual reproduction


Which of the many changes of adolescence do you think are the most challenging for teens to cope with?

I think hormone


How do plants and animals cope with seasonal stress?

animals love changes in weather they hibernate .