SUMMARY OF IAS 21 Objective of IAS 21 The objective of IAS 21 is to prescribe how to include foreign currency transactions and foreign operations in the financial statements of an entity and how to translate financial statements into a presentation currency. [IAS 21.1] The principal issues are which exchange rate(s) to use and how to report the effects of changes in exchange rates in the financial statements. [IAS 21.2] Key Definitions [IAS 21.8] Functional currency: the currency of the primary
Premium Balance sheet Currency Bretton Woods system
Public Relations chapter 4 Public opinion is an elusive and fragile commodity. It can take years to build credibility and nurture trust‚ but only minutes to destroy it. Individuals and companies in the public eye cannot afford to tarnish their reputations. The best public relations campaign can’t build trust when reality is destroying it. In the 21st century‚ public opinion is a combustible and changing commodity. It is difficult to move people toward a strong opinion on anything‚ and harder
Premium Public relations Attitude change Persuasion
qxd 22/10/2007 11:54 Page 597 CASE STUDIES ECS8C_C01.qxd 22/10/2007 11:54 Page 598 ECS8C_C01.qxd 22/10/2007 11:54 Page 599 Guide to using the case studies The main text of this book includes 87 short illustrations and 15 case examples which have been chosen to enlarge specific issues in the text and/or provide practical examples of how business and public sector organisations are managing strategic issues. The case studies which follow allow the reader to
Premium Strategic management
CHAPTER 8 Strategic Change: Implementing Strategies to Build and Develop a Company 0LEARNING OBJECTIVES 10. Describe the main steps involved in the strategic change process. 20. Demonstrate how to analyze a company’s set of businesses from a portfolio of competences perspective 30. Review the advantages and risks of implementing strategy through (1) Internal new ventures‚ (2) acquisitions‚ and (3) strategic alliances 40. Discuss how to limit the risks associated with internal new ventures‚
Premium Strategic management Organization Organizational culture
Faculty of Management Technology Accounting & Financial Control Department Corporate Finance for BI FINC505 Chapter -1- The Role of Managerial Finance Problem Sheet -1P1 True/False 1. Financial managers actively manage the financial affairs of many types of business— financial and non-financial‚ private and public‚ for-profit and not-for-profit. 2. In partnerships‚ owners have unlimited liability and may have to cover debts of other less financially sound partners. 3. The board of directors
Premium Economics Finance Financial markets
PLAN PRESENTED BY DEBORAH FOR THE IMC PROJECT Executive Summary Company Background * BMW * History of Mini – Timeline * Marketing Mix – Past & Now Corporate/Brand and Buyer Behavior Analyses * Brand Elements (Brand Name‚ URL‚ Logo‚ Tagline) * CBBE (Consumer-based Brand Equity Pyramid) * Brand knowledge (Awareness Pyramid‚ TOM [Top of Mind]& Recognition< awareness & Reference Matrix) * Factors Influencing Consumer Behaviour * Types of Buying Decision
Premium Brand Brand management Advertising
Case of Piercing The Corporate Veil PT Peresseia Mazekadwisapta Abadi (Primaz) Background PT Peresseia Mazekadwisapta Abadi (Primaz) located at Jalan Jenderal Suprapto Komplek Ruko Grosir Cempaka Mas Blok F 14‚ Jakarta Pusat is a company engaged in trading Gold Bars (Precious Metals)‚ which buys and sells Gold Bars (Precious Metals) 24 carat (999 ‚ 9) with a program of regular discounts and warranty repurchase as the initial purchase price. PT Peresseia Mazekadwisapta Abadi (Primaz) offers
Premium Corporation Investment Stock market
River‚ New Jersey: Prentice Hall. Luhring SurvivalWare. (2012). Days of working capital. Retrieved from http://www.survivalware.com/articles/days_of_working_capital.php Satish‚ M. (2022). Working capital management and control: Principles and practice‚ New Age International Publishers Reprint 2003 Watson‚ D University of Phoenix (2010) . Lawrence Sports Simulation retrieved 3/29/2013 from University of Phoenix‚ FIN/571: Economics website.
Premium Inventory Working capital Asset
Essay Louise Pettiford What must be done to improve ethics in finance and corporate governance? Corporate governance can be referred to the rules‚ processes‚ or laws by which businesses are operated‚ regulated and controlled. It can also refer to internal factors defined by the officers‚ stockholders or constitution of a corporation. After finding the meaning of Corporate governance‚ which can also be referred to corporate responsibility‚ I thought about the policies in which the company I
Premium Ethics Business ethics Corporate governance
FINANCIAL MANAGEMENT: CAPITAL BUDGETING MINI CASE 1 CAPITAL BUDGETING (MINI CASE) QUESTION A What is capital budgeting? Solution: Capital budgeting is a required managerial tool. One duty of a financial manager is to choose investments with satisfactory cash flows and rates of return. Therefore‚ a financial manager must be able to decide whether an investment is worth undertaking and be able to choose intelligently between two or more alternatives. To do this‚ a sound procedure to evaluate
Premium Net present value Internal rate of return