ORGANISATION OF PHARMACEUTICAL PRODUCERS OF INDIA Peninsula Corporate Park‚ Peninsula Chambers‚ Ground Floor‚ Ganpatrao Kadam Marg‚ Lower Parel‚ Mumbai 400 013. Telephone: 91 + 22 + 2491 8123‚ 2491 2486‚ 6662 7007 Fax: 91 + 22 + 2491 5168 Email: indiaoppi@vsnl.com OPPI PRE-BUDGET MEMORANDUM - 2013-2014 INDIRECT TAXES A. CUSTOMS DUTY Sr. No. 1. Issue Justification Customs duty exemption/ reduction to Life Saving It is imperative that critical life saving drugs be made available to
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or Financial reporting disposal of longdevelopments lived assets Revised October 2011 To our clients and other friends ASC 360-10‚ Impairment and Disposal of Long-Lived Assets (ASC 360)‚ provides accounting guidance for impairments of assets that are held for use‚ held for sale and to be disposed of by other means. In one of its more challenging aspects‚ ASC 360-10 requires the use of fair value measurements for impairment of assets that are unique and not widely traded. The following publication
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Income 570 396 44% Average book value 2‚171.5 1‚459 28% Average assets 6‚107.5 3‚917.5 52% Average debt 558 163.5 177% Note that sales and net income rose in 2002 relative to 2001. Also note‚ however‚ that total assets‚ book value and debt also rose during the year. Ratio analysis allows the analyst to compare the income and sales reported on the income statement relative to the assets and book value the company had to work with reported on the balance sheet. A
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PTMBA I / Trim III (A. Y. 2010-11) Div. C. Assets of Short Term Financial Policy Flexible Short Term Financial Policy Maintainance of high ratio of current assets to sales. This would include:- ❖ Keeping large cash & bank balances ❖ Making substantial investment in inventories. ❖ Liberal Credit Term meaning high level of debtors. Restrictive Short Term Financial Policy. This would include:- ❖ Low cash balances / no investment in marketable securities ❖ Small
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Authors Stephanni A. Rubyanti 120110090047 Satrio Bayu Pandowo 120110100001 Muhammad Rizky Pratama 120110100009 | CHAPTER 1 BACKGROUND ISSUES Financial instrument is any contract that adds to the value of the entity ’s financial assets and financial liabilities or equity instrument of another entity. Today the financial instrument has been growing by leaps and bounds‚ not only used by financial institutions Bank‚ but also by non-bank financial institutions. Therefore‚ in order to
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IAS 36 Impairment of Assets by Claudia Mezzabotta Dottore commercialista e revisore legale in Milan‚ Italy Member of IASCF SMEIG – London (UK) Member of EFRAG SME WG – Brussels (Belgium) November 5-6‚ 2012 “International Accounting” Course MIM Course UNITN Trento - Italy Objectives of IAS 36 • To ensure that assets do not exceed their recoverable amount • To define how recoverable amount is calculated • To indicate when impairment tests need to be conducted • To prescribe
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critically discuss the asset management with the specific reference to the role of its legislative framework in ensuring the effective management of state assets. First and fore most this assignment will start by explaining the following terms‚ state assets‚ asset management and legislation‚ then follow by discussing asset management in the public sector‚ discuss the process of asset management ‚ discuss the principles of asset management and again this essay will discuss the asset life cycle‚ discuss
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c. Sales. d. Cash. 9. Of the following account types‚ which would be increased by a debit? a. Liabilities and expenses. b. Assets and equity. c. Assets and expenses. d. Equity and revenues. 10. Cash reduction of capital result in: a. Increase in owner’s equity and assets b. Increase in owner’s equity and liabilities c. Decrease in owner’s equity and assets d. Decrease in owner’s equity and
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john Synopsis: When the cost of financial distress is high in a firm that firm may maintain a large amount of its total asset as liquid asset and be careful on taking debt. This journal has talked about the relation on the financial distress the cost of corporate liquid policy and the leverage policy of the firm. Liquid asset constitute a significant portion of the total asset of the major corporations of U.S. Using different proxies to direct and indirect cost at different financial distress the
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....................................................................................................... 1 Scope ............................................................................................................ 2–12 Heritage Assets ...................................................................................... 8–11 Government Business Enterprises ......................................................... 12 Definitions .....................................
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