report must state whether the annual accounts give a true and fair view in accordance with the relevant reporting framework. In normal English‚ true means ‘in accordance with the facts’ and fair means ‘free from dishonesty or impartial.’ In accounting principle‚ true and fair view means that the financial statements are free from material misstatements and faithfully represent the financial performance and position of the entity.The true and fair requirement has been fundamental to accounting in the UK for many years
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Contents Introduction Fair Value Background Advantages of Fair Value Disadvantages of Fair Value The debate on Financial Stability Conclusion References Introduction Society’s major concern is the recent financial crisis which had an unprecedented impact and dire consequences on the global economy and the current economic regulations around the world. The beginning of the economic paradigm change was the major collapse of previously leading financial
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To what extent is the YCJA fair and equitable to youth? Established on April 1‚ 2003‚ the Young Criminal Justice Act (YCJA) was created to replace the Young Offenders Act (YOA). Along with replacing the YOA‚ the YCJA was created to be fair and equitable to youth. Fair and equitable means for everyone to receive the same punishment if the same crime was committed‚ regardless of gender‚ race or‚ to a certain extent‚ age. If two people are near the same age and have committed the same crime‚ they should
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falls on the owner than the builder dies these are some of the fair laws of hammurabi’s code. Hammurabi’s code is very old it was created 4000 years ago and he made 282 laws while he was king and carved his laws on giant stones called steles. Hammurabi’s code was fair to many people like the builders because if the house that they built was poorly made and the building collapses on its owner than the builder dies and it is also fair to surgeons because if the patient who is being operated on died
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Broken Angel A Zombie Love Story By Joely Sue Burkhart PUBLISHED BY: Joely Sue Burkhart Smashwords Edition Copyright © 2011 Joely Sue Burkhart All rights reserved. No part of this book may be reproduced‚ scanned‚ or distributed in print or electronic form without the express‚ written permission of the author. This is a work of fiction. Names‚ characters‚ places and incidents are the product of the author’s imagination and any resemblance to any organization‚ event‚ or person‚ living or
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The New York State Fair The Great New York State Fair is a great way to end the summer here in upstate New York. The fair takes place in Syracuse‚ NY on 375 acres. The twelve day long festival happens to be the oldest in the country. First held in 1841; however‚ still is a tradition every year today. For a fee of ten dollars and all of the entertainment you can ask for it cannot be beat. The fair includes Midway rides and entertainment‚ agriculture‚ and even concerts that are included in the ten
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other face-to-face communication in a company? Why or why not? Ultimately and intuitively not. While email is great for speed and convenience‚ saves a lot of money in travel‚ has easy access for all and helps us touch base with many people‚ e-mail is not the better alternative to face-to-face communication within businesses. You must utilize face-to-face communication. Without it you cannot effectively use email without conflict and miscommunication. (NY Times 2007) Face-to-face contact
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Abstract Recently‚ fair value accounting suffers heated debate because the financial crisis. The purpose of this article is to evaluate and understand fair value both in literature analysis and practice. This paper emphasizes the advantages and disadvantages of the fair value measurement. Proponents believe that fair value can provide timely information that reflects current financial market conditions‚ and information supplied is reliable. On the other hand‚ critics argue that fair value accounting
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Fair value accounting Type of accounting that companies measure & report certain assets and liabilities at prices the company would receive if they sold them and liabilities are reported at the value the company would receive if they were relieved of them. The purpose of this method is for creating realistic financial statements. Advantages of Fair Value Accounting Reduced Net Income when values of assets decrease‚ the company’s calculated net income decreases. lower net income results in
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My Fair Lady My Fair Lady is a 1964 musical film adaptation of the Lerner and Loewe stage musical‚ My Fair Lady‚ based on the film adaptation of the stage play Pygmalion by George Bernard Shaw. The ending and the ballroom scene are from the 1938 film Pygmalion rather than Shaw’s original stage play. The film was directed by George Cukor and stars Audrey Hepburn and Rex Harrison. The film won eight Academy Awards‚ including Best Picture‚ Best Actor‚ and Best Director. Plot In Edwardian London
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