CHAPTER 2: REGULATION IN FINANCIAL ACCOUNTING Chapter 2 regulation in Financial accounting LEARNING OUTCOMES Upon completion of this chapter you should be able to understand: • The difference between management and financial accounting. • Why accounting regulations are important and required. • The need for and the structure of professional regulation‚ company law‚ stock exchange legislation and EU Directives. • How the different aspects of regulation work together
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subject of government restriction. Therefore‚ every branch of our federal government has been involved in dealing with the drug problem in our society. The two ways of dealing with drug problems are regulation and prohibition. Regulation involves imposing taxes and restriction on a particular drug. Regulation is intended to increase the cost of the drug hoping to decrease its use without criminalizing it. On the other hand prohibition makes it illegal to sell or use a particular drug‚ because to do so
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Health Law and Regulations Bianca Needham September 22‚ 2014 Professor Kathleen Cross Health Law and Regulations Federal regulation agencies function as an extension of the executive branch in government that generate and enforce legislation. Regulation and regulatory agencies play an important role in the health care arena. The array of regulations that govern healthcare are overwhelming‚ however‚ each individual regulatory agency has a specific scope that focuses on protecting and maintaining
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Health Law and Regulations Crystal Young HCS 545 October 3‚ 2011 Louise Underdahl Health Care Regulation Regulation plays a major role in the healthcare industry and healthcare insurance coverage. Through various regulatory bodies‚ the Department of Health and Human Services protects the public from a number of health risks while providing programs for public health and welfare. Agencies like the Centers for Medicare and Medicaid
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the most challenges. (Mawson 2003). The regulations governing transport is an important component of the transport system (Coyle et al. 2000). Regulations continuous increase over the years and across regions‚ countries or states to enforce safety transport (James 2002). The objective of this case study is to provide an insight into how regulations affect the supply chain performance of transportation of dangerous goods. The research areas include regulations‚ classification of dangerous goods‚ packaging
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expected to give up their national sentiments or their political and religious convictions‚ they shall at all times bear in mind the reserve and tact incumbent upon them by reason of their international status (see UN Staff Regulation 1.4). 1.4.2 In addition to the UN Staff Regulations‚ staff shall also be guided by the principles contained in the Report on the Standards of Conduct in the International Civil Service (see Annex 1.E). Originally prepared in 1954‚ its applicability has been reconfirmed on
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1. Which laws/ regulations are important for an international employee? The same regulations which are valid for national employees are also justified for the international employees. Only international employees need to have a working permit. And for the international employees also applies a compulsory identification. This means that the international employees always should be able to identify themselves during working time. 2. Which laws/ regulations are important for a national employee
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Business Regulation Simulation Alumina‚ Inc. manufactures auto parts and aluminum packaging material‚ mines bauxite‚ and refines and smelts aluminum (University of Phoenix‚ n.d.). After reviewing the simulation‚ it is easy to see how a business can be the target of legality. In this scenario‚ fingers were pointed at Alumina‚ Inc. for contaminated water that may have been the cause for a case of leukemia in a female child. In any business‚ management teams must take caution that tort and regulatory
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Bank Regulation and FSA What are the main types of bank regulation and what are their limitations? And What are the objectives and main responsibilities of the FSA? So firstly‚ what are the main types of bank regulations and what are their limitations? There are four main types of bank regulation that I am going to talk about; Systemic Regulation‚ Prudential Regulation and Conduct of Business Regulation. Systematic regulation or sometimes known as structural regulation‚ is the regulation
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The growth of ’legal transnationalism’‚ that is‚ the reach of law across nation-state borders and the impact of external political and legal pressures on nation-state law undermines the main foundations of sociology of law. Modern sociology of law has assumed an ’instrumentalist’ view of law as an agency of the modern directive state‚ but now it has to adjust to the state’s increasingly complex regulatory conditions. The kind of convergence theory that underpins analysis of much legal transnationalism
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