Tuesday, July 5, 2011

Auditing And Accounting

Microsoft Coffe Table PC

Is there really a market for this thing; I can't imagine having such an intrusive thing in my living room...


Microsoft to unveil 30-inch touch screen computer  - May. 30, 2007
Microsoft unveils coffee table 'surface computer'
Software maker will introduce a coffee-table-shaped computer that has a  30-inch display, allowing people to touch and move objects on the  screen.
May 30 2007: 2:42 PM EDT


SEATTLE (Reuters) -- Microsoft Corp. will unveil a coffee-table-shaped  "surface computer" Wednesday in a major step towards co-founder Bill  Gates's view of a future where the mouse and keyboard are replaced by  more natural interaction using voice, pen and touch.


Microsoft Surface, which has a 30-inch display under a hard-plastic  tabletop, allows people to touch and move objects on screen for  everything from digital finger painting and jigsaw puzzles to ordering  off a virtual menu in a restaurant.
surface.03.jpg
Microsoft's  coffee-table-shaped "surface computer" hopes to one day replace the  mouse and keyboard with voice recognition, pen and touch.


It also recognizes and interacts with devices placed on its surface, so  cell phone users can easily buy ringtones or change payment plans by  placing their handsets on in-store displays, or a group of people  gathered round the table can check out the photos on a digital camera  placed on top.


Microsoft (Charts, Fortune 500), the world's largest software maker,  said it will manufacture the machine itself and sell it initially to  corporate customers, deploying the first units in November in Sheraton  hotels, Harrah's casinos, T-Mobile stores, and restaurants.
Acounting Basic : The Balance Sheet
One  of the fundamental components (for want of a better word) of accounting  is the Balance Sheet.  The balance sheet is often referred to as a  statement of financial position.  It can be described as a snapshot that  shows the company's financial position at any given moment.  Listed in  the balance sheet are the company's assets, liabilities and owners equity.

If  you view the balance sheet as a two column worksheet, the assets would  be in the left column while the liabilities and owners equity would be  in the right column.  The two columns must be equal.

You  won't be able to determine the company's profitability from the balance  sheet.  What the balance sheet will show is the solvency of the  company.  Analysts will look at various ratios (i.e. current ratio:  current assets / current liabilities)  to determine the company's  financial well being.

Future entries in my Accounting Basics series will describe each of the components of the balance sheet.
Accounting Basics:  The Balance Sheet
04 Juli 2011 14:03
 One of the fundamental components (for want of a better word) of accounting is the Balance Sheet.  The balance sheet is often referred to as a statement of financial position.  It can be described as a snapshot that shows the company's financial position at any given moment.  Listed in the balance sheet are the company's assets, liabilities and owners equity.

If you view the balance sheet as a two column worksheet, the assets would be in the left column while the liabilities and owners equity would be in the right column.  The two columns must be equal.

You won't be able to determine the company's profitability from the balance sheet.  What the balance sheet will show is the solvency of the company.  Analysts will look at various ratios (i.e. current ratio: current assets / current liabilities)  to determine the company's financial well being.

Future entries in my Accounting Basics series will describe each of the components of the balance sheet.



 One of the fundamental components (for want of a better word) of accounting is the Balance Sheet.  The balance sheet is often referred to as a statement of financial position.  It can be described as a snapshot that shows the company's financial position at any given moment.  Listed in the balance sheet are the company's assets, liabilities and owners equity.

If you view the balance sheet as a two column worksheet, the assets would be in the left column while the liabilities and owners equity would be in the right column.  The two columns must be equal.

You won't be able to determine the company's profitability from the balance sheet.  What the balance sheet will show is the solvency of the company.  Analysts will look at various ratios (i.e. current ratio: current assets / current liabilities)  to determine the company's financial well being.

Future entries in my Accounting Basics series will describe each of the components of the balance sheet.

No comments:

Post a Comment