Analysis on Accounting System of Tourism Agricultural Enterprise in China
Issue:
Volume 2, Issue 5, September 2014
Pages:
101-107
Received:
4 August 2014
Accepted:
18 August 2014
Published:
30 August 2014
Abstract: As a new enterprise organization, tourism agricultural enterprise has occupied a certain market position. However, their internal management and accounting system is still not sound, which has become a problem to be resolved in time. In this paper, the present situation of tourism agricultural enterprise was analyzed. It was pointed out that the diversification of investment subjects leaded to accounting standards being not unified and accounting methods disordered. Existing enterprise accounting system hardly involves the content of accounting of tourism agricultural enterprises. In practice, the lack of feasible system implementation guidelines can’t meet this kind of enterprise production and business operation management need. Based on the concept analysis of tourism agriculture and the features and characteristics of its financial accounting, the accounting systems of tourism agricultural enterprises were analyzed. Then some suggestions perfecting accounting system of tourism agricultural enterprises were given to improve the accounting system and financial management of tourism agricultural enterprises.
Abstract: As a new enterprise organization, tourism agricultural enterprise has occupied a certain market position. However, their internal management and accounting system is still not sound, which has become a problem to be resolved in time. In this paper, the present situation of tourism agricultural enterprise was analyzed. It was pointed out that the di...
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Impact of Acquisitions on the Financial Performance of the Acquiring Companies in Kenya: A Case Study of Listed Acquiring Firms at the Nairobi Securities Exchange
George Gitonga Inoti,
Samuel Owino Onyuma,
Monicah Wanjiru Muiru
Issue:
Volume 2, Issue 5, September 2014
Pages:
108-115
Received:
26 October 2014
Accepted:
13 November 2014
Published:
18 November 2014
Abstract: This study sought to determine whether acquisitions enhance corporate financial performance. The general objective of the study was to assess the effects of acquisitions on the financial performance of the acquiring companies in Kenya. The specific objectives of the study were; to determine the effect of acquisitions on the profitability of the acquiring company and to determine the effect of acquisitions on asset utilization of the acquiring company. Purposive sampling procedure was used to select a sample of all the acquisitions involving listed acquiring companies. Three years pre and post-acquisition financial statements of the acquiring company were examined. Key financial ratios were computed and used to determine the company’s pre and post-acquisition financial performance. Paired t-test was used to determine whether there was significant difference between the means of the two periods for each ratio. From the findings it was apparent that there was no significant difference in pre and post-acquisition ratios measuring profitability and asset utilization. The study therefore concluded that corporate acquisitions do not affect the financial performance of the acquiring company.
Abstract: This study sought to determine whether acquisitions enhance corporate financial performance. The general objective of the study was to assess the effects of acquisitions on the financial performance of the acquiring companies in Kenya. The specific objectives of the study were; to determine the effect of acquisitions on the profitability of the acq...
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