Tag Archives: Accounting

Case Study for Keybridge Accounting

A lot of my clients come to me bearing MANY questions about the logo design process. I have clients that don’t know what they want at all, and some that come to me with very clear ideas of what they want their identity to look like. Most are somewhere in between. But regardless of where you fit into this spectrum, we can help guide you through the process and make it easier for you to decide.







Keybridge Accounting is a new client that we have, and Lyz knows exactly what she wants. Clients like Lyz are really fun to work with, and from conception to completion she played a very large role in the project. I truly believe the evolution of her logo pushed me to think outside the box and find ways to combine her ideas with my design style. The overall result is a mesh between both of our personalities. Find out more about Keybridge Accounting


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Case Study for Raiffeisen Bank Aval

Raiffeisen Bank Aval is one of the leading banks in Ukraine. It provides a wide range of standard and innovative banking services through its nationwide network. Established in 1992 as Joint Stock Postal Pension Bank Aval, in 2005 it became part of Raiffeisen Bank International. The bank’s network is comprised of 934 branches located in large cities, provincial and community centers and villages throughout Ukraine.



The history and development of Raiffeisen Bank Aval’s data warehouse spans 12 years. In 1998, the bank’s IT team was asked to consolidate information from disparate operating systems in order to enable consolidated financial reporting. In those days, solving such problems did not require specialized software. Instead the first data warehouse at the bank was based on a traditional database, Sybase Adaptive Server Enterprise (ASE). This data warehouse was later enhanced, and is still an integral part of the bank’s overall information management system. It is currently used to generate daily analytics reports for the National Bank of Ukraine and consolidated tax accounting.



View more on Raiffeisen Bank Aval



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Case Study for Transforming Finance and Accounting

Benchmarking studies performed by a third party indicated that the client’s F&A effectiveness and efficiency metrics were below industry standards. Moreover, regulatory initiatives exposed accounting compliance risks, and created financial pressure to standardize F&A policies and procedures in certain regions. Due to the financial and regulatory requirements, the client needed to transform its global F&A organization through system and process standardization. To assist in doing so, it implemented a standard ERP system in each geographic region, and outsourced the transaction-based activities of over 500 FTEs (full time equivalents) to a global business process outsourcing (BPO) provider.
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Case Study for Sandvik Group

Based in Sweden, Sandvik Group is a high-technology engineering firm. It provides tools for metalworking, machinery, and rock excavation, as well as stainless steel, special alloys, and resistance heating materials and process systems. Its operations consist of three major business areas: Tooling, Materials Technology, and Mining and Construction. Sandvik Group has 47,000 employees and its presence spans 130 countries. Sandvik uses software from SAP to manage its enterprise resource planning (ERP) functions, including finance and accounting, sales and marketing, and operations. “We will depend heavily on SAP,” says Ertan. “It will cover about 80 percent of our day-to-day business needs.” Read more..







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Case Study for China Magnesium Corp Ltd

China has remained the world’s biggest producer of magnesium for 12 consecutive years, with the country’s 2011 annual output accounting for 85.4 percent of the global total, statistics released at a magnesium industry seminar.China has been the world’s largest magnesium producer since 1999, with 660,000 tonnes of output reported last year, Wu Xiumin, a former official of the China Nonferrous Metal Industry Association, said. It is estimated that the country’s yearly magnesium output will reach 1.5 million tonnes during the 2011-2015 period, with 700,000 tonnes to be exported. Read more..







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Case Study on Transpacific Industries

This paper examines the profit quality of a goodwill-intensive firm, Transpacific Industries Group Limited (ASX.TPI), by specifically focusing on critical judgments and disclosures relating to goodwill impairment. The term “profit quality” is synonymous with terms such as “creative accounting” and “earnings management” refers to the degree of agressiveness or conservatism in the underlying estimates of a firms accounting disclosure. By examining the impairment disclosures made in accordance with AASB 136 – Impairment of Assets, an assessment is made of the reasonableness of a variety or critical assumptions, such as CGU growth rates and discount rates. Click here to read more…

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Case Study on Discount Stores Limited

Discount Stores Limited is a chain of retail stores located in Ontario Canada selling clothing and household items . The owners Ruth and Ivan Bogan use the income they get from Discount to provide for their personal living . However , the Bogans are worried because of they may possibly lose their primary source of income due to the business unprofitable years . It is nothing but normal for a new business establishment to suffer losses during its first few years of operation However , these annual losses must , of course , be regained by increasing income for the years thereafter .

For the owners , hiring an excellent manager , Harry Highpaid , became a venue for Discount to recover from the significant losses that they have incurred . Improvements have been flowing to Discount , and the owners are confident of the potential success of their business . Having been presented with the current year financial statements , the owners are concerned of some accounting treatments that Highpaid had employed in terms of advertising costs slow-moving inventory and credit to customers. Click here to read more…

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Case Study on Crazy Eddie

Looking at the key ratios during that period there were a lot of red flags. The audit risk for Crazy Eddie would be very high. Some of the major red flags were inventory turnover in 4 years went from 4.98 to 1.95. That shows that some of the accounting was incorrect. Some of the other red flags are the amount of accounts receivable.

Crazy Eddie Case Study

a. Visit the actual store without telling them and check the inventory in place to compare with the false amounts on the inventory count sheets. Contact different vendors, creditors and supplies to verify they received payment from Crazy Eddie. Also confirm with the banks and creditors about the notes payable account then trace that information to the general ledger. Click here to read more…

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Case Method and Basics of Accounting

This paper is developed by Stanford University, which discusses about Case and Writeup Analysis and basics of Accounting.

It gives Seven Tips for Case Analysis, Case Write-Up Tips and also discusses Accounting Principles, Balance Sheet Analysis, Cash  Flow Statement.

To know more about this case click on the following link.

Case Method and Basics of Accounting

Case Method and Basics of Accounting

This paper is developed by Stanford University, which discusses about Case and Writeup Analysis and basics of Accounting.

It gives Seven Tips for Case Analysis, Case Write-Up Tips and also discusses Accounting Principles, Balance Sheet Analysis, Cash  Flow Statement.

To know more about this case click on the following link.

Case Method and Basics of Accounting