Direct and Indirect Cash Flow Essay Example for Free

Direct and Indirect Cash Flow Essay (According to â€Å"According to What Is The Difference Between The Direct Method And The Indirect Method For The Statement Of Cash Flows? (2004-2014),) â€Å"The main difference between the direct method and the indirect method involves the cash flows from operating activities, the first section of the statement of cash flows. (There is no difference in the cash flows reported in the investing and financing activities sections.) Under the direct method, the cash flows from operating activities will include the amounts for lines such as cash from customers and cash paid to suppliers. In contrast, the indirect method will show net income followed by the adjustments needed to convert the total net income to the cash amount from operating activities. The direct method must also provide a reconciliation of net income to the cash provided by operating activities. This is done automatically under the indirect method. Nearly all corporations prepare the statement of cash flows using the indirect method.† The reason for financial accounting standards board allows both methods are simple. Both statements of cash flow preparation methods are allowable under basic accounting standards. â€Å"The Financial Accounting Standards Board, however, prefers the direct method for the statement of cash flows. FASB prefers the method because business stakeholders find the statement easier to read than the indirect statement of cash flows. Companies prefer the indirect method as it is easier to prepare since the financial information is already at hand. Companies can include disclosures with either the direct or indirect statement of cash flows. These disclosures can detail any non-cash financing and investing activities. FASB often requires disclosures with the statement of cash flows. Companies can prepare a secondary statement noting any significant non-cash activities for stakeholders† (Direct Vs. Indirect Cash Flow Method, 1999-2014). References What is the difference between the direct method and the indirect method for the statement of cash flows? (2004-2014). Retrieved from http://www.accountingcoach.com Direct vs. Indirect Cash Flow Method. (1999-2014). Retrieved from http://www.ehow.com

Wing Luke Asian Museum Web Site :: essays research papers

Wing Luke Asian Museum Website The Wing Luke Asian Museum is a multicultural museum housing art, film, and other records of the Northwest Asian Pacific culture. The Museum states that it is dedicated to "the collection, preservation, and display of Asian Pacific American culture, history and art.". The Museum was founded 1967, in honor of the first Asian pacific American to be elected to the Seattle council (in 1962). Wing Luke was killed in a plane crash just 3 years later, and the community rallied together to establish the Wing Luke Museum. The museum is run mainly on community support and independent donation, which it has done since its establishment. The exhibits and programs The Wing Luke puts on are made by a collaboration of museum professionals and dedicated community members. This community support is really what drives the Wing Luke museum and makes it special. The website of the Wing Luke Asian Museum [ http://www.wingluke.org ] uses a very simple and straightforward layout to help it's visitors find the information they need. The website also comes through with a lots of information about the museum, and it's community. Adding to all this is an online version of the Wing Luke Asian Museum's monthly newsletter, which is packed with tons of news and information about upcoming exhibits and projects being put on by the Wing Luke. The Online newsletter is archived regularly, and even though it is a newsletter for members, they let anyone download and read up on current happenings. The Wing Luke website also contains many external links to a wide array of Topics, including information on local art and history resources, and resources for Asian Pacific Americans, Japanese Americans, Korean Americans, Chinese Americans, and Filipino Americans as well. The web page also links to many other Seattle area museums, which is a nice addition. Other Museums dealing with Asian Pacific American issues are also linked to, rounding out the resource set. The Wing Luke web page uses a simple text on background layout, providing quick download times, and fast refresh rates. However, though serving to give the web page accessibility to a vast majority of web surfers, the web page has a very dated look to it, which really takes away from the overall professionalism of the website. The color scheme is generally black on white, with red hyperlinks. This clean look provides maximum text legibility, while not distracting the reader.

We Googled You

We Googled You The case in the â€Å"We Googled You† article is rather tricky. On one hand, the disconcerting online revelation with Mimi protesting against China serves as solid evidence not to hire her. If members of the management team based in China discover the pictures and information about Mimi’s protests, they may decline to continue to conduct business with Hathaway Jones. It will also ruin the company’s reputation in the eyes of potential future customers. In addition to the searched Google results, Mimi’s recommendations also contained a few negative traits including brash and strongly opinionated.These aspects may not allow her to get along with other workers and colleagues. Her liberal behavior including her wink at Fred is not quite suitable for China’s more conservative culture. On the other hand, it is possible that Virginia misunderstood the information she found online. Fred should consult Mimi directly to fully understand the situ ation about what really happened. It is extremely easy for someone to falsify information and manipulate digital media. With digital cameras being so prominent today, it is inevitable that personal pictures and information would end up online for everyone to Google and find out.Additionally, Mimi’s background includes a strong education and solid experience. Her Berkeley and Stanford degrees and past job positions will allow her to perform the job at a higher level of expertise than many other potential job applicants. As discussed in class, employers should hire based on ability to perform and not on hard data and statistics. From these standpoints, the benefits to hiring outweigh the costs. For these reasons, I support the decision to hire Mimi. I feel that she would make an excellent addition and make a great deal of contributions to Hathaway Jones.

Based On The Reality Television, The Current President

Based on the Reality Television, the current president and CEO of the Coffee Bean and Tea Leaf, John Fuller, occupied this position since 2014. The company has 1100 stores, operates in 30 countries, has stores in 14 States in the U.S.A, and 15,000 employees. John Fuller went undercover as Mick. The founder of the company Herbert B. Hyman began the Coffee Bean and Tea Leaf in 1963 with a commitment to excellence and quality (Newman, 2006). This company is guided by principles of friendliness, respect, ownership, teamwork, honesty (FRONT) (Coffebean.com/career). According to the Coffee Bean and Tea Leaf website (coffeebean.com/our-story/our-heritage), a coffee retailer was founded in Los Angeles, California in September 1963. It offers a†¦show more content†¦Managers link the supervisors with the CEO because they are between the CEO and the supervisors. Managers interpret the goals/objectives from the CEO to the supervisors. Then the supervisors monitor the daily performance o f subordinates. The command flows downward and the feedback goes up the chain. The Theory that the Coffee Bean and Tea Leaf operates under Currently, the Coffee Bean and Tea Leaf operates under the Quality Management Theory/Total Quality Management. For total quality management to succeed, it involves all stakeholders such as, management, workers, suppliers, and even feedback from the customers to meet or exceed customer expectations (Hill and Jones, 2014; Tompkins, 2005). Furthermore, total quality management empowers employees to ascertain means to remove factors that damage high quality (Tompkins, 2005). Deming provides a Plan, Do, Check, and Act cycle, which makes total quality Management a full process and provides a continuous improvement of product or service (Tompkins, 2005). The theory provides several principles, which include; customer driven/focus, continuous improvement, employee empowerment, use of quality tools, product design, process management, and managing supplier quality (Tompkins, 2005). The theory was selected because, among these principles, the company undermines one significant principle, whic h is employee empowerment. The company focuses more on the customers and quality of its products andShow MoreRelatedTaking a Look at Viacom1304 Words   |  5 Pages Viacom President CEO - Philippe Dauman The President and CEO for Viacom is Philippe Dauman. He has been the head of the company since September 5, 2006 has been on the Board of Directors since January 1, 2006. From May 2000 until September 2006, Dauman co-founded and was Co-Chairman and CEO of DND Capital Partners, LLC. Prior to him becoming Viacom’s President CEO, he has had several roles at Viacom such as being Deputy Chairman and Executive Vice President of Viacom Inc. 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