89 Accounting Standard (AS) 5 (revised 1997) Net Profit or Loss for the Period‚ Prior Period Items and Changes in Accounting Policies Contents OBJECTIVE SCOPE DEFINITIONS NET PROFIT OR LOSS FOR THE PERIOD Extraordinary Items Profit or Loss from Ordinary Activities Prior Period Items Changes in Accounting Estimates CHANGES IN ACCOUNTING POLICIES Paragraphs 1-3 4 5-27 8-11 12-14 15-19 20-27 28-33 90 AS 5 (revised 1997) Net Profit or Loss for the Period 85 Accounting Standard (AS)
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99 Accounting Standard (AS) 6 (revised 1994) Depreciation Accounting Contents INTRODUCTION Definitions EXPLANATION Disclosure ACCOUNTING STANDARD Paragraphs 1-3 3 4-19 17-19 20-29 94 AS 6 (issued 1982) Accounting Standard (AS) 6* (revised 1994) Depreciation Accounting (This Accounting Standard includes paragraphs 20-29 set in bold italic type and paragraphs 1-19 set in plain type‚ which have equal authority. Paragraphs in bold italic type indicate the main principles. This Accounting
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To: Carminho Building Products Ltd From: Rodrigues Accounting Dear Sir/Madam‚ We are submitting herewith our report entitled UK Subsidiary Expansion. The main purpose of this report is to help Carminho Building Products Ltd decide the potential and suitable site for the formation of a public listed subsidiary. This report will include United Kingdom’s current financial reporting environment and other information that Carminho Building Products Ltd would need in order to make a sound decision
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The Impact of the Islamic Religion on the Harmonisation of International Accounting Standards Justin Lingard – S200990 October 2010 Table of Contents Introduction 4 User requirements of financial reports 5 IFRS Compliance Issues with Shari ‘a law 6 Riba 6 Gharar 7 Zakat 7 Conclusion 8 References 10 Introduction Islam is the world’s second largest religion with over 1.65 billion followers‚ which constitutes 24% of the world’s population (Kettani‚ 2010). Islam is a religion
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LESSON 1 INTRODUCTION TO AUDITING 1. WHAT IS AN AUDIT An audit is an independent examination of the financial statements of an entity in order to enable the auditor to express an opinion as to whether it gives a true and fair opinion and if it has been properly prepared in accordance with the applicable reporting framework. 2. Under the Companies Act‚ Cap. 50‚ private limited companies that satisfy the following conditions are not required to have an
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ACCA members age level analysis As the world’s largest and fastest growing‚ international professional accounting body‚ one feature of ACCA‚ which is different compare to other accounting bodies‚ is ACCA focuses on young people accounting education and its members age are younger. As the ACCA account 2009-2010 presents‚ in the last 5 years‚ number of members and students were increasing‚ and the number of student and affiliates is much more than number of members. Table 1 show in appendix. ACCA
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Unit 27: Dealing with challenging behaviour P2: 1) Provide an outline of two pieces of legislation/guidance used to deal with challenging behaviour. 2) Explain how each piece of legislation/guidance from P2 (1) is applied when dealing with challenging behaviour The two legislations I will choose to talk about that are used to deal with challenging behaviour are: The children’s Act 1989 The children’s Act 2004 is the altered version of the children Act 1989. The main purpose of this act was to provide
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can assist an organisation in achieving its business objectives. 3. An assessment of the potential impact of an aspect of impending legislation on the operations and financial position of an organisation. 4. A review of the business management and accounting issues of environmental costs of an organisation. 5. An evaluation of the use of short term and long term Islamic financial instruments and their impact on the financial statements of an organisation. 6. A critical review of key factors or indicators
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P1 & P2 & M1 P1 – “Describe the type of business‚ purpose and ownership of two contrasting businesses” Willen Hospice Willen hospice cares for people who can no longer get their illnesses treated. They work around Milton Keynes‚ Bedfordshire and Northamptonshire. Willen Hospice is a charity and a charity is a business that requires funds from the NHS and general people who donate‚ it is also non-profitable business. Willen Hospices aim and objective is: “Our vision is to be the lasting and thriving
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Unit 3‚ P2 Describe ’’people’’ of the 7P’s in a report using your chosen company Introduction: For this assignment I am going to explain one of the 7P’s. In this case I am going to describe people for my chosen company‚ DELL. A board of directors of nine people runs the company. Michael Dell‚ the founder of the company‚ serves as chairman of the board and chief executive officer. Other board members include Don Carty‚ William Gray‚ Judy Lewent‚ Klaus Luft‚ Alex Mandl‚ Michael A. Miles‚
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