This paper will describe the role of the United States Constitution and the United States legal system in business regulation. The recent business regulations in US businesses will be outlined and further explanation on how the economic growth created by private business and how the US government could not sustain itself. This paper will examine an example from an article which demonstrates how a Constitutional right affects a business and how the legal system is used with respect to recognizing
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INTRODUCTION In 1975 the Corporate Report was published‚ this was the outcome from the Accounting Standards Steering Committee’s wide ranging discussion paper and in part considered the usefulness of financial statements (Dunn‚ April 2002) discusses that to meet their basic objective financial statements must be useful; and the information relevant and reliable. Information will have relevance if it influences the decisions of the users. Relevance and reliability are primary characteristics relating
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THE JOURNAL OF ACCOUNTING ANAN Volume 1‚ No 1‚ March 2009 Published by: Nigerian College of Accountancy‚ Jos Postgraduate Professional College and Training Arm of ANAN ...Advancing the Science of Accountancy EDITORIAL BOARD Prof. Edet Robinson Iwok‚ Ph.D‚ FCNA Prof. A. A. Okwoli‚ Ph.D‚ FCNA Prof. Abimaje Akpa‚ Ph.D‚ FCNA Prof. B. C. Osisioma‚ Ph.D‚ FCNA Prof. Edet B. Akpakpan‚ Ph.D‚ FCNA‚ Prof. A. C. Ezejulue‚ Ph.D‚ FCNA Prof. A. S. Mikailu‚ Ph.D‚ FNIA Chairman‚ Education‚ Training
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CORPORATE FINANCIAL REPORTING Assignment #1 On * Sukuk (in context to Pakistan) * Listing requirements by KSE * IFSB * History of Accounting Standards and Adoption of IFRS * Deloitte Pakistan/Global Deloitte (1) Sukuk (in context to Pakistan) Sukuk is the Arabic name for financial certificates‚ but commonly refers to the Islamic equivalent of bonds. Since fixed income‚ interest bearing bonds are not permissible in Islam‚ Sukuk securities are structured to comply
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MCQs in lecture from ch 2 1. Accounting theories should be A. Inductive B. Deductive C. Descriptive D. None of the given options is correct 2. Which of the following statements is true about accounting measurements such as profits and assets? A. They are subject to professional judgment B. They would not vary if prepared by different accountants‚ providing they were based on the same set of accounting standards C. They are based on hard‚ objective‚ evidence
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Introductory Part Accounting is the study of how businesses track their income and assets over time. Accountants engage in a wide variety of activities besides preparing financial statements and recording business transactions‚ including computing costs and efficiency gains from new technologies‚ participating in strategies for mergers and acquisitions‚ quality management‚ developing and using information systems to track financial performance‚ tax strategy‚ and health care benefits management. They
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ETHICS IN ACCOUNTING Presented by: Rojina Sapkota Abhilasha Thapa Pooja Shah Sandeep Gautam Mendhala Lama Gurung AND THE ACCOUNTING PROFESSION What is ETHICS? -All about making right choices and producing good behavior What is ETHICS in ACCOUNTING? -Being responsible enough to behave as a TRUSTWORTHY accountant. ROLE/IMPORTANCE OF ETHICS IN ACCOUNTING To provide true knowledge of the financial transactions taking place. To ensure correct decision making . WHAT IS AN ETHICAL DILEMMA
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define accounting. What are the three main characteristics of accounting? Is accounting static or dynamic? Accounting collects‚ analyzes‚ measures and records financial information about an organization and reports that information to stakeholders and decision makers. Accounting has 3 essential characteristics. Accounting is the (1) identification‚ measurement‚ and communication of financial information about economic entities to interested persons. Like social sciences‚ accounting is largely
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be the adequate phrase to describe the way 9/11 affected the U.S economy. The terrorist attacks on September 11 were a series of two unexpected attacks to the World Trade Center of New York. At two different times‚ two different airplanes crashed into both of the twin tower buildings. These two attacks created a variety of impacts‚ which include heavy economic ones. This research paper will demonstrate that September 11 to a great extent‚ affected the economy in terms of families‚ industries‚ and
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School of Business Executive MBA Financial Reporting Course Book 2012-13 ACC40380 Financial Reporting (Midweek Blackrock) ACC40390 Financial Reporting (Weekend Blackrock) ACC40400 Financial Reporting (City) Course Outline Aims of course In the current economic climate as the credibility and reliability of financial reporting comes under sustained scrutiny an appreciation and understanding of the financial reporting
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