The biggest prize of all lies in emerging markets, where a lack of financial infrastructure is hastening the rise of phone-based payments systems such as M-Pesa, which serves Kenya and several other markets. Visa has snapped up Fundamo, which specialises in payment services for the unbanked and...
Which THREE of the following statements about activity-based costing are correct? (1) Implementation of ABC is unlikely to be cost-effective when variable production costs are a low proportion of total production costs. (2) In a system of ABC, for costs that vary with production levels, ...
Financial Packages for accounting and finance. decimal - Arbitrary-precision fixed-point decimal numbers. Stars:6.2K. ticker - Terminal stock watcher and stock position tracker. Stars:4.9K. go-money - Implementation of Fowler's Money pattern. Stars:1.6K. bbgo - A crypto trading bot framework wr...
Which of the following statements is FALSE? A.Accounting income recognizes both current period actual cash flows and changes in asset value. B.Reported income under the accrual concept provides a measure of current operating performance based solely on actual current period cash flows. C.The account...
aThese financial statements comply with the Small and Medium-sized Entity Financial Reporting Standard issued by the Hong Kong institute of Certified Public Accountants and have been prepared under the accrual basis of accounting and on the basis that the company is a going concern under which the...
The choice of accounting method comes down to how you report assets, liabilities, and income on financial statements, not how you keep your books day to day. You still need to enter every expense, receipt, and payment as they happen. The question is, how are you going to report your inc...
When a mid-year acquisition occurs; how are revenues and expenses reported? Define accrued expenses. When do they appear on the financial statements? Distinguish between prepaid rent as an asset and an expense. a. Define the terms Capital Expenditures and Revenue Expenditures...
2. Refer to note 2.7 to the consolidated financial statements. 3. Refer to note 2.10 to the consolidated financial statements. Non-financial highlights and KPIs Points swing in employee net promoter score -22pts (2020: +7pts) Points swing in customer net promoter score1 -3pts (2020: +17...
Before we get started, I'd like to remind you that today's presentation may contain forward-looking statements, which are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results, capital and other financial conditions may differ ...
These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results and capital and other financial condition may differ materially from those included in these statements due to a variety of factors, including the precautionary ...