the last half century‚ crossing the six billion mark in late 1999. Furthermore‚ world population is still increasing by about 78 million people a year‚ despite the trend worldwide towards smaller families. Total population size is likely to continue to grow for at least the next 40 years and by at least another 1.5 billion people. Almost all of this growth is occurring in the developing regions‚ while most industrialised countries are growing very slowly or not at all‚ and in some countries the population
Premium Population Demography World population
Counseling Specializations and Multidisciplinary Teams Counseling is a relatively new profession (Aubrey‚ 1977‚ 1982). It developed in the late 1890s and early 1900s‚ and was interdisciplinary from its inception. “Some of the functions of counselors were and are shared by persons in other professions” (Herr & Fabian‚ 1993‚ p. 3). Before the 1900s‚ most counseling was in the form of advice or information. In the United States‚ counseling developed out of a humanitarian concern to improve the lives
Premium Psychiatry Mental health Licensed Professional Counselor
1. What is earnings management? The companies use earnings management as a strategy by which they can easily control and manipulate their earnings to reach their pre-determined earning target. 2. Why do companies employ earnings management techniques? Accountants cannot predict every business structure‚ every new and innovative transaction. Therefore‚ they build up principles that allow for flexibility so that they can adapt to changing circumstances. However‚ people make use of that flexibility
Premium Generally Accepted Accounting Principles Financial statements Enron
BUSINESS SCHOOL MBA: ACCOUTING THEORY 1 – (ADMN 631) LECTURE: JAMES KWAME OTIEKU A PRESENTATION ON EARNINGS MANAGEMENT AND EXECUTIVE COMPENSATION BY EMMANUEL MENSAH ID NO: 10328957 AND PETER OPATA NYAKO ID NO: 10329653 1st October 2009 EARNINGS MANAGEMENT AND EXECUTIVE COMPENSATION Introduction Accounting standards define the accounting language that management uses to communicate with the firm’s external stakeholders. By creating a framework that independent auditors
Premium Generally Accepted Accounting Principles Income statement Financial statements
CAPSTONE CASE 1: ECO-PRODUCTS‚ INC. End-of-Case Assignments: Suggested Discussions and Analyses A. Describe Eco-Products’ early history (1990 through 2003). Would you view the firm during that period as being a life-style business‚ an entrepreneurial venture‚ or? Why? Steve Savage and his father founded the company in 1990 with the intent to provide eco-friendly paper and janitorial supplies. They chose to locate the business in Boulder‚ Colorado‚ a community known for its support
Premium Private equity Balance sheet Generally Accepted Accounting Principles
Earnings Management and Its Implications Educating the Accounting Profession By Michael D. Akers‚ Don E. Giacomino‚ and Jodi L. Bellovary August 2007 Issue AUGUST 2007 - In the wake of continuing‚ highly publicized E-mail Story financial frauds and failures‚ the accounting profession has placed renewed emphasis on issues related to earnings Print Story management and earnings quality. The SEC and the public are demanding greater assurance about the quality of earnings. Staff Accounting Bulletin
Premium Business ethics Financial statements Balance sheet
In "Education in America: The Next 25 Years" by Irving H Buchen‚ he predicts changes that will take place in the next 25 years. He believes that new techniques will solve budget problems facing schools‚ and also believes these new techniques will be more effective then the more expensive methods used today. Buchen says that changes will be made by choice and "fueled by changing roles for teachers‚ administrators‚ students and the entire communities." (Buchen 299) Buchen states if we could
Premium Education School Teacher
judgement assumes a dividend cut from FPL. However‚ this dividend cut would be a precise strategic choice rather than one dictated by financing difficulties. Specifically‚ the dividend cut will raise future growth‚ with little effect on the stock price. By cutting dividends‚ FPL can react better to future threats. After an initial panic selling triggered by the news shock (FPL never cut its dividend in the past 47 years)‚ investors will process the new information realized that the dividend cut is balanced
Premium Management Marketing Education
Impact of interest rate on Market Interest rate is one of the most prominent macroeconomic factors among many other macroeconomic factors. It has direct impact not only on our market but also on other macro economic factors like inflation‚ money supply and investment. Government uses this powerful tool to control money supply‚ inflation‚ recession‚ employment and also investment pattern. Over all‚ we can say that through interest rate government controls the economic phases of a country. Now in
Premium Inflation Interest rate
reported earnings and the reasons behind each way may be different. (1) Report lower earnings. Managers intend to report lower earnings for mainly three reasons. Firstly‚ they want to hide profit for future use. In some years‚ the company presents a strong performance and has earned huge profit; however the manager may worry that the company’s future performance would not be as strong as current year‚ which gives them the incentive to save the profit by reporting a managed lower earning‚ so that
Premium Audit Auditing