Regulatory Environment of Financial Reporting Nicholas Vujnich Accounting 561 September 25th‚ 2014 Chelsea Bjorkman Regulatory Environment of Financial Reporting Over the last 100 years‚ there have been significant changes to the regulatory environment that shaped financial reporting requirements. The Securities Act of 1933‚ The Securities Exchange Act of 1934‚ and the Sarbanes-Oxley Act of 2002 are the most notable laws enacted to ensure transparency and accuracy in reporting. Each new law subsequently
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Reporting Contingencies and the Financial Statement When faced with a lawsuit you have to know whether or not to consider contingencies. According to Schroeder‚ Clark‚ and Cathey (2005) a contingency is a future event that could possibly have an impact on the firm. There are four different ways a contingency should come to view and they are income tax disputes‚ notes receivable discounted‚ accommodation endorsements‚ and what this company is dealing with a pending lawsuit. When a gain is possible
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ACCT2542 Corporate Financial Reporting & Analysis Semester 2 – 2009 Version 1.0.3 Contents Page 3 Accounting for Income Tax Page 7 Consolidation Accounting – Principles Page 10 Consolidation Accounting – Wholly Owned Subsidiaries Page 15 Consolidation Accounting – Intragroup Transactions Page 19 Consolidation Accounting – Minority Interests Page 24 Consolidation Accounting – Indirect Ownership Page 26 Accounting for Asso Associates – The Equity Method
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Maintaining Ethical Standards BSHS/335 1/20/15
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Policy Vicki D. Lachman Ethical Challenges in the Era Of Health Care Reform n truth‚ the United States is at the beginning of a long overdue and a much needed health care reform. We have seen the dismal statistics about our high cost health care system and some of the less than stellar outcomes (e.g.‚ infant mortality) (Callahan‚ 2011; World Health Organization [WHO]‚ 2011)). The purpose of this article is not to complain about the current health care system‚ but instead to focus
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SOCIAL CARE PRACTICE An Investigation of Principles‚ Care Strategies and Theories Related to Social Care Practice Part One This section provides a summative assessment of the principles‚ care strategies and theories that direct social care work within the UK. Specifically‚ the application of support principles‚ procedures for protecting clients from harm and the advantages of utilising a person-centred approach in working with clients are discussed. Additionally‚ ethical issues‚ applicable policies
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Communication is a very important aspect of health and social care. There are four very important things that need to be taken into consideration to make sure communication with anyone is successful. The four key aspects are to prevent misunderstanding‚ meet individual needs‚ build a relationship‚ and developing self-esteem. Any misunderstanding can be prevented by clear speech‚ appropriate language‚ matching verbal and non-verbal communication‚ checking understanding and asking questions. A good
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Ethical Implications in Practice The embodiment of Nursing is caring and compassion‚ the prevention of illness‚ lessening any discomforts and the protection‚ betterment and reclamation of health. Ethics has been an essential part of the framework of the healthcare provider and it is idiosyncratic‚ self reflective and abiding. Another essential part is confidentiality‚ for the healthcare provider and patient this helps gain trust and open communication‚ ensuring that the best possible care can be
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thFoundations for Professional Practice The aim of this essay is to explore the legal‚ professional and ethical issues in relation to Sam [see appendix 1]. Sam is a nineteen year old male‚ who has incurred a head injury which has rendered him unconscious. He is therefore incapable of giving informed consent. The legal issues explored in relation to Sam are: the National Health Commission‚ the Mental Capacity Act 2005‚ the Human Rights Act 1998‚ Legal Duty of Care‚ Safeguarding Vulnerable Adults
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Reflective practice is something we all carry out every single day‚ probably without even realising it. We use reflection in many different situations and under many different circumstances‚ as a way of improving our own skills and abilities for different things‚ as individuals. Cowan proposed that learners are reflecting in an educational way‚ “When they analyse or evaluate one or more personal experiences‚ and attempt to generalise from that thinking” (1999: 18). Reflective practice allows us to
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