Summary of IAS 18 Objective of IAS 18 The objective of IAS 18 is to prescribe the accounting treatment for revenue arising from certain types of transactions and events. Key Definition Revenue: the gross inflow of economic benefits (cash‚ receivables‚ other assets) arising from the ordinary operating activities of an entity (such as sales of goods‚ sales of services‚ interest‚ royalties‚ and dividends). [IAS 18.7] Measurement of Revenue Revenue should be measured at the fair value of the consideration
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experiencing unemployment crises because of lack of job opening in our society. Even those who are fresh graduates in college are hard to get job‚ mostly those graduated in college are jobless and they are vacant only in their house. This is the reason why Philippines tackles unemployment rate in economic crisis. Once‚ there are job openings that need many options and requirements‚ so other people are not qualified of it and they may experience hard getting a job. Also‚ because of unemployment crisis
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Why do professionals prefer IAS A new subject has attracted legislators‚ thinkers‚ journalists and one could say the economists as well. Why should not we ban the entry of professionally qualified personnel into the IAS or IPS Services ? Some have argued that government spends‚ directly or indirectly‚ a lot of money on the education of an Engineer or a Doctor and in case these professionals join general services like IAS or IPS the hard spent government money goes into the gutter. Good some thinking
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Caribbean Studies Assess the statement “There is not one Caribbean culture but many Caribbean cultures” There is no one distinctive Caribbean culture‚ but rather‚ Caribbean cultures. Each island or geo-political territory is characterized by its own unique‚ cultural practices‚ institutions and belief systems. One may note that cultural similarities may be influenced by; political history‚ languages‚ ethnic groupings and economic features. Caribbean culture is a product of its history and geography
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IB Math Studies Internal Assessment: What is the Relationship between SAT Scores and Family Income of the Test Takers around the World? Exam Session: May 2011 School name: International School Bangkok Teacher: Mr. Demille Date: December 8th‚ 2010 Course: IB Math Studies Word Count: 1‚832 Name: Billy Egnehall What is the Relationship between SAT Scores and Family Income of the Test Takers around the World? Introduction The SAT examination is mostly in today’s world of academics‚ a requirement
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AIMS OF STUDY The aim of this School Based Assessment is to investigate unemployment in the community of Block 2E Garvey Meade‚ Portmore and to give or suggest recommendations that can be put in place to improve the unemployment rate in the community Methodology EMPLOYED In order to carry out this research the researcher will be using printed questionnaires. A questionnaire is an inexpensive way to gather data from a potentially large number of respondents‚ it is a series of questions written
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Study of Infiltration Rate Name: Jemel Joseph Class: 6 1 S Date: Candidate No. : Statement of Purpose of Investigation The purpose of this study is to measure the infiltration rate of four (4) sites which were visited on our field trip to Cedros. Site 1 being the environment disturbed by man‚ soil compacted by actions of man and animals. Site 2 being the environment waterlogged‚ because of the mangrove present. Site 3 being the environment undisturbed by man‚ with vegetation present
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IB Math Studies Internal Assessment: Is the distance a tennis ball travels horizontally dependent on the angle of which it is dropped at? Exam Session: May 2014 School Name: Teacher: Course: IB Math Studies Word Count: 654 Name: Is the distance a tennis ball travels horizontally dependent on the angle of which it is dropped at? Introduction In tennis‚ players hit the tennis ball in certain ways so the ball goes the way they want it to go. Hitting it at certain angles enables
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Indonesia The average unemployment rate in Indonesia based on the last 5 years (2009-2013) is 6.78%. The unemployment in Indonesia hit the highest in 2009 with 7.9%‚ and the lowest rate of unemployment was in 2012 with 6.1%. From the above graph‚ we can see that there is a decrease in unemployment rate from 2009 to 2012 falling from a rate of 7.9% in 2009 to 6.1% in 2012. This may be due to the fact the government in Indonesia‚ has been putting effort to lower the unemployment rate of their country
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generally Slavery and Plantation system African slavery was introduced in the 17th century to provide labour on the newly introduced sugar plantations. The Africans were kidnapped from West-Africa and forced to work on Sugar plantations in the Caribbean. Under this system the profits were then repatriated to Europe and used to promote manufacturing and industrial strength in Europe. Slavery can be considered to be a total institution because it dominated every aspect of African lives to ensure
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