discontinued operations and before the effect of changes in accounting principles Discontinued Operations: A component of a business is defined as a segment for which operations and cash flows can be distinguished both operationally and for financial reporting purposes. It has to be sold in full. Check of impairment of segment if not sold off by the end of the year. Reported net of tax and must restate all previous reports. Asset Impairment: check undiscounted cf and reduce to fair value. Cannot reverse
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RELATIONSHIP LECTURER: MR KAREGA MUCHIRI DUE DATE: 28th NOVEMBER 2012 Many professionals in the west are not worried by boundaries and dual relationships‚ for instance in the UK accountants and solicitors often get work from their friends‚ or friends of friends‚ hairdressers can go out for a meal with their customers. In the early days in counseling there was no concern about boundaries and dual relationships. Freud came from a small‚ tight- knit social group of middle class Vienna. He gave patients gifts
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Boundaries: Awakening to the Power of Choice Serina Brown Liberty University Abstract What constitutes the power of choice? The power of choice has been given to everyone to decide right from wrong. All around the world boundaries have been set up to aid individuals in making decisions. As Christians we were given the word of God to guide and direct‚ it clearly gives boundaries to sin and consequences that result when it is not obeyed
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Financial Statements for Internal Reporting Purposes vs. Financial Statements for External Reporting Purposes It is common in most companies to maintain two set of financial statements; one being used/presented for internal reporting purposes and another for reporting externally. Internal reports are used primarily to aid management in the decision making process throughout the course of the business. These are subject to internal audit to make sure that all information reported are fair and correct
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410 Instructor’s Manual Financial Accounting and Reporting Twelfth edition Barry Elliott Jamie Elliott For further instructor material please visit: www.pearsoned.co.uk/elliott-elliott ISBN: 978-0-273-71271-8 ( Pearson Education Limited 2008 Lecturers adopting the main text are permitted to download and photocopy the manual as required. [pic] Pearson Education Limited Edinburgh Gate Harlow Essex CM20 2JE England and Associated Companies
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REGULATIONS OF FINANCIAL REPORTING IN NIGERIA INTRODUCTION Regulation of accounting information is aimed at ensuring that users of financial statements receive a minimum amount of information that will enable them take meaningful decisions regarding their interest in a reporting entity. The bodies responsible for these regulations are often statutory agencies such as the Financial Reporting Council‚ Securities and Exchange Commission and the
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What is the relationship between SWOT and Strategy? Firstly‚ we will define Strategy and SWOT separately. The definition I found for strategy was “Strategy is different from vision‚ mission‚ goals‚ priorities‚ and plans. It is the result of choices executives make‚ on where to play and how to win‚ to maximize the long-term value” (Favaro‚ Rangan & Hirsh‚ 2012‚ para. 2). So‚ strategy is defined to 1) target market(s) where the customers and the needs are satisfied‚ 2) distinguish a company from
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Dual Relationships and Boundaries Paper Donna Lee‚ Rachelle Jones‚ and Jamie Owens Psych 545 March 14‚ 2011 Dr. Marc Miller Dual Relationships and Boundaries Paper Most major professional codes of ethics have a policy or rule against dual relationships (Gottlieb‚ 1993). Dual relationships exist when a professional acts at the same time or sequentially in two roles (Gottlieb‚ 1993). Through the course of this paper‚ the concept of dual relationships will be examined. Ethical issues with dual
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1. What is the difference between Type 1 and Type 2 Diabetes? Be specific. The difference between type 1 and type 2 diabetes are Type 1 diabetes‚ the body’s immune system is destroying cells that release insulin. Which leads to eliminating insulin from the body. While type 2 diabetes the body can’t produce insulin the right way. 2. What predisposes someone to developing Type 2 Diabetes What causes someone to develop type 2 diabetes are genetics‚ unhealthy meal planning‚ and being overweight.
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Reporting Practices and Ethics Paper Reporting Practices and Ethics Paper Financial management of health care organizations can be a complex challenge for health care managers‚ from the basic elements of financial management to the heavy burdens of ethical compliance and accuracy. In this paper the subject to discuss is financial reporting practices and ethical standards in health care‚ how health care reform is changing and making these organizations more accountable‚ and summaries of
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