officials are given the task of managing public funds. These individuals are to ensure and validate that public funds given to these governments are used in the best interest of its citizens. Financial statements are the traditional way in which a government’s performance is reported. Traditional financial statements provide fiscal information and indicate if a profit was made. However‚ according to Mead profit is not the main objective for governments. “Most governmental entities do not have
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The Importance of Full Disclosure and Financial Reporting for Informed Financial Decision Making The Importance of Full Disclosure and Financial Reporting for Informed Financial Decision Making Financial reporting and full disclosure are vital elements for investors and other interested parties who would like detailed information about a particular firm. This information gives a vivid picture of an organizations performance as well as their future financial goals. Many organizations report this
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Thailand is located in South-East Asia that is near to the border of Burma‚ Laos and Cambodia. Thailand has an area of about 513‚000 km2 and the population of people is about 70 million people. The capital city of Thailand is Bangkok. Bangkok is one of the largest cities in Thailand. Thailand is governed by a constitutionals monarchy‚ which a Prime Minister serves as head of a parliamentary government. The World Bank has upgraded Thailand’s income categorization from a lower-middle income economy
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Index 1 Introduction to segmental reporting 2 2 Origin of segmental reporting 2 2.1 The fineness-theorem 2 2.2 Market efficiency theory 2 2.3 Agency theory 2 2.4 Accounting theory 3 3 The most important segmental reporting standards 3 3.1 International Accounting Standard 14 (IAS 14) 3 3.1.1 The International Accounting Standards Committee 3 3.1.2 The International Accounting Standards Board 4 3.1.3 IAS 14: Segment reporting 4 3.1.3.1 Objective of IAS 14 (revised) 4 3.1.3.2 Applicability
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week introduction in which you described your financial decision making prior to the course. Then tell us how you have changed and what impacts the course has made on your decision-making. My week 1 introduction is totally focused on how people think specifically of how my client think or how they make a decision when it comes to applying for loans. I thought the course would explore different behavior tactics or strategy on how to make a decision when applying for credit needs such as home loans
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How is XBRL implementing financial reporting technology in India? Extensible Business Reporting Language is one of a family of “XML” languages that is a standard means of communicating information between business and via the Internet. XBRL can be used to express a wide range of reports and disclosures including financial statements‚ internal management information‚ credit filings and statistical reports. XBRL international is a non-profit consortium whose members include approximately 300 leading
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TOPIC: ASESSMENT OF CREDIT RISK IN FINANCIAL MANAGEMENT THE ABSTRACT This proposal study explores financial credit risk assessment. This is an important issue because there is currently no standardized method used by financial institutions for the assessment of credit risk. There are needs for a critical evaluation of the most popular credit risk assessment methods such as the judgmental method‚ credit-scoring and portfolio models along with limitations used. Survey interview process is needed
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Executive summary. This report is prepared from the standpoint of a shareholder who is interested in the financial performance of Next plc with the particular concern for dividends‚ earnings and share price. The main findings of this report are the following: • accounting policies adopted by Next plc correspond to the required standards and‚ in our views‚ prove to be relevant‚ reliable‚ understandable and consistent. • Analysis of investment ratios‚ gearing ratio and profitability ratios
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and level Pearson BTEC Level 5 HND Diploma in Business (QCF) Unit 2: Managing Financial Resources and Decisions Level : 4 Student name and ID number Assessors name Syed Jaffery Anthony Ayakwah Yajesh Kumar Amna Ali Dean Awoyejo (Unit Convenor) Interval Verifier Mehro Humayun Date issued Completion date Submitted on 1st May 2015 3rd July 2015 before 12:00 midday Assignment title Managing Financial Resources and Decisions - Shaping Your Future – A Vocational Scenario LO Learning Outcome Assessment
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A Review of “Gopher It” Business plan Biju George 1121238 The business plan of Goffer It is all about the plans and strategies for the establishment of an errand service for professionals in the business district of Boston. The service includes standard service‚ which includes usual time-consuming errand works of professionals‚ and custom service‚ which includes services according to the needs of the people. This partnership firm is to be founded by three
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