UNIVERSITI TENAGA NASIONAL COLLEGE OF BUSINESS MANAGEMENT AND ACCOUNTING DEPARTMENT OF ACCOUNTING SUBJECT: ACCOUNTING THEORY AND PRACTICE PREPARE FOR: DR.NORHAYATI MAT HUSIN PREPARE BY: NUR FADZILAH BT NORIZAN (AC086628) NUR IZYAN BT MOHD ISHAK (AC086934) NURUL AQILAH BT ZAMRI (AC085167) THILAGA SEGARAN (AC086628) BACHELOR IN ACCOUNTING (HONS) CASE 1: WASTE MANAGEMENT a) Define the matching principle and explain
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Cultural Effects of Globalization Definition: According to “Cross Border Commerce” by Brian Satterlee‚ a nation’s culture consists of behaviors and characteristics that are unique to its citizens and globalization has had a great effect on globalized cultures. Summary: In the article‚ “Cultural Globalization” by Thana’a Haider‚ the author proceeds to recap the lecture given by Mr. Atif Al-Munir in Damascus‚ Syria. Mr. Al-Munir lectured on the effects of cultural globalization and indicated that
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Effects of Globalization on Ghana Globalization is a phenomenon that has conquered much of the world we live in today. From the depths of the most rural village to the world’s biggest cities‚ the effects of globalization are quite apparent. However‚ this paper aims to address the issues that globalization presents for countries in West Africa; more specifically‚ Ghana. To fully understand the situation of Ghana‚ we must look at the meaning of globalization and what it represents to Ghana and
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Many new international features are appeared in the world nowadays. Globalization‚ which is “The trend toward that increases connectedness across international borders‚” as Frisch‚ M. (2002‚ P.2) claims‚ is one of these features. It effects negatively on the social‚ economic and politic sides in Oman. To start with‚ the social side in Oman is affected negatively by the globalization. While communicating with people from all over the world‚ Omani people lose their identities. For instance‚ they
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NEGATIVE EFFECTS OF GLOBALIZATION Globalization is not a new phenomena. It was primarily formed long time ago‚ when Greeks‚ Romans conquered other countries and spread their power to them. However‚ the nature of globalization has been changed over time and reached to the stage of modern globalization. In the article “Spiritual perspective on globalization”‚ Ira Rifkin (2003) says that the modern globalization could be identified from a meeting on 1944 in Bretton Woods where forty five nations
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Accounting practice in Bangladesh companies. By TanimHassan | March 2014 Zoom In Zoom Out Page 1 of 5 Accounting in Bangladesh In Bangladesh‚ the profession of accountancy developed during the British colonial period. Today it is represented by two professional bodies‚ the Institute of Cost & Management Accountants of Bangladesh (ICMAB) and the Institute of Chartered Accountants of Bangladesh (ICAB). Chartered Accountants complete their training in practicing firms and specialize
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Negative Effects of Globalization Today‚ the world seems to be smaller than before as interactions among different countries have increased. The effects of globalization can be felt in practically every aspect of our lives today. According to Professor Litz‚ "Drinking cappuccino and Perrier water‚ eating sushi‚ or listening to American or British rock on an iPod while driving the Toyota over to McDonald’s dressed in our known-brand jeans are becoming increasingly common worldwide activities" (Litz)
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known as‚ Liberalization‚ Privatization and Globalization (LPG model) aimed at making the Indian economy as fastest growing economy and globally competitive. The series of reforms undertaken with respect to industrial sector‚ trade as well as financial sector aimed at making the economy more efficient. This period of economic transition has had a tremendous impact on the overall economic development of almost all major sectors of the economy‚ and its effects over the last decade can hardly be overlooked
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Globalization has most certainly been a positive force for change in the world it has allowed the world to progress in way’s not once even imagined‚ fostered more efficient markets‚ increase competition and allowed for a more equitable distribution of wealth throughout the world‚ stabilized security as well os the spread of culture and education. The first and most prudent way that Globalization can be considered a positive force is through the fostering of increasingly more efficient markets
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recent years about globalization‚ its impact has been both praised and criticized. Globalization is defined as the process enabling financial and investment markets to operate internationally‚ largely as a result of deregulation and improved communications. I believe the technological advances have had a positive impact on globalization. The use of cellular/mobile phones and the internet have allowed easier access to conduct business anywhere in the world. Evidence of globalization can be seen in
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