accounting treatment of revenue. Revenue is recognized when it is certain that economic benefits would arise and if these benefits are measurable. Previous IAS 18 was approved In 1982 and the new IAS 18 supersedes it. IAS 18 does not deals with: 1) revenue arising from construction related activities. 2) Dividends arising though equity method 3) Insurance contracts 4) Changes in the fair value of assets and liabilities 5) Changes in current assets 6) Changes in biological assets 7) Initial
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Analysis Of Business And Financial Performance Over a Three Year Period Of: Dera Ghazi Khan Cement Limited (Dgkcl) OXFORD BROOKES UNIVERSITY BS (Hons) Applied Accounting Research and Analysis Project Research Report Analysis of business and financial performance over a three year period of: DERA GHAZI KHAN CEMENT LIMITED (DGKCL) Student Name: KHAWAJA DANYAL TARIQ Registration Number: 1760726 OCTOBER 2011 Word count: 6‚499 Table of Contents | |TOPIC |PAGE# | | | | | |1. |Project objectives
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Business Information System (BIS): Introduction “Information systems are the means by which people and organisations‚ utilising technologies‚ gather‚ process‚ store‚ use and disseminate information” The information system underlies the concept that the organization is a complex adaptive system‚ which has the defined boundaries‚ structural communication channels‚ control and web of coordination. Information system integrates the system theories‚ resources and objectives together to get one conclusion
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navigation‚ search A strategy map is a visual representation of the strategy of an organization. It illustrates how the organization plans to achieve its mission and vision by means of a linked chain of continuous improvements. For a commercial business‚ the strategy map illustrates the long-term game plan or competitive strategy to achieve increased profitability. For a nonprofit or governmental organization‚ it illustrates the plan by which the organization intends to improve performance of its
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1. Personal financial is a process that properly manage your financial tools and even achieve your financial goals prudently. In general‚ It has 5 components Which include accessing your financial goals carefully‚ setting your financial goals ‚ identify the plan which is available to you and monitoring and re-accessing your plan 2. Of course‚ there are too many factors easily affecting our personal financial decision. And we can divide the situation into two aspect‚ which are economic aspect and
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money you have‚ it’s never enough. Lots of hands are reaching out‚ even now‚ but there’d be many more reaching out if I had a million dollars! Nevertheless‚ I’d admit that having a million dollars would be a lot of fun. I wonder how much of a million would be left after tax? Yes‚ I’d most likely give at least a tenth of it to the church and some to the charity. I’d even give some to help the folks who can’t help themselves‚ but‚ unless I suddenly became some kind of financial genius‚ all
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Tutorial 10 Chapter 12 – Business Combinations Exercise 12.2 Accounting by an acquirer GABO LTD – DUCK LTD A. Acquisition analysis: Fair value of identifiable assets and liabilities acquired: Current assets $980 000 Non-current assets 4 220 000 5 200 000 Liabilities 500 000 $4 700 000 Consideration transferred: Shares: 100 000 x 10 x $10 $10 000 000 Patent 1 000 000 Cash: 100 000 x $5.20 520 000 $11 520 000 Goodwill = $11 520 000 - $4 700 000 = $6 820 000
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Title: Case study 1-1 Promotion to administrative management. Question 1: What important problem(s) would you anticipate in this case? Response: Mr. Gomez tends to over analyze potential problems. The problems I foresee are Gomez takes extra care to see all invoices are checked twice‚ he monitors for neat desks‚ he takes twenty minutes of his morning to check punctuality‚ and he even tries to make his employees feel he cares by remembering birthdays and anniversaries. It seems to me as
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Chapter 1 An Overview of Financial Management Learning Objectives After reading this chapter‚ students should be able to: ◆ Explain the role of finance‚ and the different types of jobs in finance. ◆ Identify the advantages and disadvantages of different forms of business organization. ◆ Explain the links between stock price‚ intrinsic value‚ and executive compensation. ◆ Discuss the importance of business ethics and the consequences of unethical behavior. ◆ Identify
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Feedback for Business Plan Presentation Dear “New Idea 2010”: Thanks again for your presentation. Followings are the evaluations and comments from students that may help you further develop your business plan. I. Contents Does their business plan seem to be Class Average 1) accurate in terms of market analyses? ( 3.50 ) ( 3.68 ) 2) persuasive in value proposition? ( 4.02 ) ( 3.75 ) 3) feasible in implementation? (
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