The accruals and going concern concepts are regarded as fundamental in the preparation of financial statements. Discuss the advantages and disadvantages of these concepts‚ explaining the reasons why these concepts may be difficult to apply or may be inconsistent with other concepts. Accounting statement and records are a periodic summary of account activity within a period and the documentations involved in the preparation of it (Thomas and Ward‚ 2012: 4). They are done based on a set of rules developed
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Environmental Disaster Who would have known that on April 20th 2010‚ the United States would soon be facing the worst environmental disaster. On that fateful day‚ an offshore oilrig named the “Deepwater Horizon” suffered an explosion. Seventeen people were injured and eleven people died from the accident. The damaged oilrig sank into the Gulf of Mexico the next day‚ and a one-by-five mile oil slick appeared in the ocean. At the time‚ it was unknown whether the oil was from the rig or if the
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Environmental degradation DEFINITION: Environmental degradation may be defined as the deterioration of the environment through depletion of resources such as air‚ water and soil; the destruction of ecosystems and the extinction of wildlife. Environmental degradation has occurred due to the recent activities in the field of socio-economic‚ institutional and technologies. Environmental changes are dependent on many factors including economic growth‚ population growth‚ urbanization‚ intensification
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SINGAPORE EDGE HILL UNIVERSITY UK BSc (Hons) Business and Management Module Code: BUS3010F Module Name: Global Influences Assignment Green Initiative in China Lecturer: Quek Pek Siong Submitted by: Yang Yang Student Number: 22417672 Date Submitted: 17th Mar 2013 Content Tittle | Page | Cover page | 1 | Content | 2 | Introduction | 3 | Discus the Global warmingin the world | 4 | The Greenhouse effect | 4‚5 | Green cooperate and business communities | 6 |
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Global Poverty To be born into poverty without a choice is possibly one of the greatest misfortunes that any person can be victimized with. According to Howard Hubbard author of Fighting Poverty to Build Peace‚ “An estimated 1.4 billion people live in extreme poverty‚ defined as living on less than $1.25 a day.” It leaves a person with a huge challenge of survival and an extremely difficult task of creating a better future for themselves. To understand the implications of poverty across the world
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Drivers have many concerns they should be aware of while driving. If they are not aware of these concerns it could put their life at risk‚ as well as the other drivers on the road. Some of the concerns drivers should be aware of is watching their speed‚ having a safe following distance‚ and making sure there are no distractions while they are driving. If the driver is aware of all of these concerns then it will make driving a safer and better experience for them‚ as well as everyone else surrounding
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1. What would you include in a brief summary on the history of the environmental movement? Extreme air pollution resulted in 80 deaths on Thanksgiving Day‚ 1966. On January 31‚ 1969‚ an oil spill occurred off the coast of Santa Barbara etc. took place. on April 22‚ 1970‚ the first Earth Day took place‚ bringing the environmental movement to the forefront. The first stage of environmentalism came from visionaries who saw early on in our national history the directions we were taking and the consequences
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The environmental problems in India are growing rapidly. The increasing economic development and a rapidly growing population that has taken the country from 300 million people in 1947 to more than one billion people today is putting a strain on the environment‚ infrastructure‚ and the country’s natural resources. Industrial pollution‚ soil erosion‚ deforestation‚ rapid industrialization‚ urbanization‚ and land degradation are all worsening problems. Overexploitation of the country’s resources be
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Arkansas State University- Beebe‚ Arkansas Global Warming Physical Science- Stults 27 November 2006 Contents INTRODUCTION 1 THE GLOBAL WARMING ISSUES 2 WHAT ’S BEING DONE 3 IN DEPTH 4 EFFECTS 5 WHAT CAN I DO? 6 BIBLIOGRAPHY 7 The issue The worldwide community has reached an agreement about the global climate; the world is undoubtedly warming. This warming is the result of emissions of carbon dioxide and other greenhouse gases from human activities‚ such as industrial
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Environmental Policy of TCS Commitment to the environment stems from the Tata Group’s abiding concern for the environment and society‚ which is embodied in the Tata Code of Conduct. The Tata Group considers climate change to be the greatest threat affecting economic stability‚ vulnerable communities and the society at large. The Tata Group’s Climate Change Policy mandates that all group companies assume leadership roles in climate change mitigation in the pursuit of business aspirations and enhancement
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