Topic 3 Property‚ Plant & Equipment The nature of PP&E • AASB 116 defines property‚ plant & equipment (PP&E) as: • tangible items • with a specific use within the entity • that are expected to be used during more than one period AASB 116 specifically excludes assets held for re-sale PP&E is normally divided into classes. Common classes include land‚ buildings‚ machinery‚ motor vehicles. • • 1 13/08/2012 Initial recognition of PP&E • Cost of an item is recognised as an asset if:
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Prior to the lesson I would ensure that any equipment outlined in the lesson plan was available for that day‚ preferably this is to be done a couple of days prior and where necessary book the equipment for use on the day the lesson is to be carried out. This helps to ensure that all equipment necessary is available and not being used by another class‚ feedback should then be given to the teacher as to whether that equipment is available for the day intended so that other arrangements can be made
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Research Paper September 27‚ 2013 BA 206 Fall A1 – Microeconomics 1.1. Summarize and discuss the proposed benefits under the PPACA (i.e. “Obamacare”). How will the federal government pay for any health insurance subsidies under the PPACA? The Patient Protection and Affordable Care Act (PPACA) provides essential health benefits for people seeking health care treatments and or services based on each state. According to Giddings and Waidmann (2012)‚ the health insurance issuer must automatically
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How to Excel in Your Physics Course Most students realize that putting off studying until the day before the exam and then cramming at the last minute is not efficient. Some students do this anyway‚ because so far they have gotten away with it. Perhaps most of the other students you previously competed with had poor study skills. This may have allowed you to adopt poor or non-existent study habits and still keep up‚ or even get good grades if you are naturally a better student. Now that you
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Recording‚ Analysing and Using Human resource Information ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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Capital Purchase Paper “A capital expenditure is a commitment of resources that is expected to provide benefits during a reasonably long period‚ at least two or more years” (Cleverley & Cameron‚ 2007‚ p. 397). Torrington Health and Rehabilitation Center a skilled nursing facility in Connecticut has determined that a capital expenditure of the implementation of electronic medical records (EMR) for the coming year is of importance. The cost of the undertaking will be approximately $200‚000. This will
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Summary Purposes of the Balance Sheet 1. A balance sheet‚ or statement of financial position‚ summarizes the financial position of a company at a particular date by reporting the economic resources (assets)‚ the economic obligations (liabilities)‚ and equity. It reports a company’s resource structure (major classes and amounts of assets) and its financial structure (major classes and amounts of liabilities and equity). It is a detailed explanation of the basic accounting equation: Assets =
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0 REPUBLIC OF KENYA DRAFT FREEDOM OF INFORMATION POLICY BY MINISTRY OF INFORMATION & COMMUNICATIONS APRIL 2007 VISION A knowledge-based Kenyan Society MISSION STATEMENT To ensure maximum access by all Kenyans to information held by public authorities to enable the country to transition to a knowledge-based society. 2 TABLE OF CONTENTS GLOSSARY OF TERMS ...........................................................................................5 1. INTRODUCTION..........................
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technology is advancing rapidly with each passing minute. It is becoming more urgent for health care facilities to invest in equipment that is current and state of the art. Behind these advancements are proven statistics that certain equipment is a necessity when diagnosing and treating patients. We‚ as health care workers‚ owe it to our patients to have the best possible equipment in our facilities. Aside from non-melanoma skin cancer‚ breast cancer has become the most common cancer among women in
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Excel Income Statement Exercise: Creating a multiple-page workbook and income statement model. In this Excel exercise you will create a simple Excel worksheet that will model a simple income statement. In future exercises you will enhance the worksheet by adding additional features. If you are unfamiliar with the features of Microsoft Excel‚ you should complete a Spreadsheets tutorial before beginning this exercise. To complete this exercise‚ you will create two Excel worksheets in an Excel
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