3101AFE TUTORIAL 2 - Semester 2 2013 Deegan Topics 2 and 3: The financial reporting environment and Regulation of financial accounting 2.1 What expectations do accounting standard-setters have about the accounting knowledge of financial statement readers? Accounting standard-setters have an expectation that the readers of general purpose financial reports have a ‘reasonable knowledge’ of accounting. Specifically‚ the IASB Framework states that ‘users are expected to have a
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1. | Question : | Li Retailing reported the following items for the current year: Sales = $3‚000‚000; Cost of Goods Sold = $1‚500‚000; Depreciation Expense = $170‚000; Administrative Expenses = $150‚000; Interest Expense = $30‚000; Marketing Expenses = $80‚000; and Taxes = $300‚000; Li’s operating profit margin is equal to | | | Student Answer: | | 25.67% | | | | 35.67% | | | | 36.67% | | | | 50.00% | | Instructor Explanation: | Operating Profit Margin = EBIT/Sales
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of all‚ this report introduces selected financial services organization HSBC background briefly. And talk about element of marketing. After that‚ the main content of this report consists three parts: 1.marketing segmentation. It also introduces HSBC how to separate segment‚ basis of segmentation. 2. Market targeting. After segmentation analysis‚ we can find the target customer accuracy. 3. Market positioning. Following the selection of segment to target‚ financial institutions must position their products
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stock prices by using trends‚ patterns‚ moving averages observed from historical data. However‚ there have been a certain number of people criticizing the use of past data. Among these people‚ a French mathematician‚ Louis Bachelier raised a theory called Efficient Market Hypothesis more than a century ago. The theory states that stock prices follow a random walk‚ which discouraged the study of historical data. This is very controversial and has led to an ever lasting dispute about the reliability
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Change Your Lens and Change Your World The book starts with the story of the writer Faiez Seyal himself. The story concludes how a boy of sixteen years started supporting himself by teaching the primary classes and after getting married at the age of just 17 with nothing in his hand to support him‚ he struggles very hard to fulfill his promise. Then he moves abroad for higher education for his family and come back after completing his education to serve his country. Still he was feeling something
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Working under supervision (see “Clinical Supervision‚ Training and Development”) means that a counsellor or psychotherapist uses the services of another counsellor or psychotherapist to review their work with clients‚ their professional development‚ and often their personal development as well. Supervision is a professional service‚ rather than a managerial role‚ and for counsellors who work in institutions‚ supervision and management will normally be entirely separate. The supervisor acts not as
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Contents Task 1 1 Q: 1.1 1 Types of Stakeholders 1 Internal Stakeholder 1 External Stakeholders 2 1.2) 2 1.3) 2 1.4) (a) 3 1.4) (b) 3 1.4) (c) 3 Task 2 5 Q2.1 5 Q2.2 6 Q2.3 7 Q2.4 8 Task 3 8 Q 3.1) 8 3.2) 9 3.3) 9 3.4 (a) 10 Income Statement 10 Statement of Division of Profit 11 3.4 (b) 11 Task 4 11 4. A 11 Profitability Ratios 12 Liquidity Ratios 12 Solvency Ratio 13 Asset Management Ratio 13 Assessment of Market Value 14 4. B 14 Comparison of Liquidity Ratio 14 Asset Management Ratio 15 Profitability
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Financial Analysis and Interpretation | Kier Group Plc vs. Barratt Developments Plc | | This report is about the financial analysis and interpretation of two construction companies. Analysis and comparison is based upon 4 broad areas: financial performance‚ financial position‚ corporate governance and corporate social and environmental reporting. | | Mr Gajender‚ Student ID- 1025087 | 3/14/2013 | Word Count- 4‚116 | Table of Contents 1. Introduction4 1.1 Introduction to Companies4
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Task B I currently work as a Care Assistant which is stated in my contract of employment that the work place has provided together with the Employee Handbook. The terms and conditions of your employment are a statement and instruction of what the employer’s expect of their staff and your job description. Employers expect their staff to read and follow the policy and procedures that the home provided. My contract of employment clarifies my hours of work per work‚ then it explains that I may need
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Be Your Own Boss Virtually everyone at some point in time dreams of being their own boss‚ for many that means owning a business. That however is much easier said than done. There are many steps to starting and owning a business‚ a mistake on any of them can derail‚ postpone or kill that dream. The most important step to starting a business is to develop a viable business plan. A business plan will layout the remaining steps and help ensure fewer mistakes are made. In addition to developing
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