to the economy. The recent 2008 Financial Crisis has caused the threat of total collapse in large financial institutions‚ downturn of stock markets as well as bail out of banks by many governments. This has brought more concern on banking supervision and regulation. There is a need to reform the financial regulation as it is one of the factors that contributes to the crisis. Many efforts have come underway to address many of the limitation in the financial infrastructure. Massive global legislative
Premium Bank Bank run Financial crisis
of accounting regulations. Some people have many reasons favouring accounting regulations such as the belief that accounting conventions are needed in order to allocate and control the economic outcomes of resource allocation and information stipulation in the market. However‚ others have arguments against the use of accounting regulations‚ such as regulation leading to oversupply of information as users who don’t bare any cost tend to overstate their needs. Accounting regulation arose shortly after
Premium Financial statements Supply and demand International Financial Reporting Standards
on the necessity of regulation of accounting standards. The two opposing views to setting these standards are one that is based on regulations and the other based on market forces. In this report‚ we will discuss the supporting views and arguments of both methods and further justify the method that I personally favor. Over the years there have been many arguments and debates over the necessity for regulation. Those who believe in the efficacy of markets argue that regulation is not necessary
Premium Market economy Law Market
Coastal Regulation Zone (CRZ) Notification‚ 2011 – its Livelihood implication for the Traditional Fisher folk Russel Ignatius (russelignatiusmsw@gmail.com) Abstract: The articles highlights the important points stressed in the recent Coastal Regulation Zone Notification‚ 2011‚ published on 7th January‚ 2011. It journeys through the livelihood implications it has on the traditional fisher folk‚ the original inhabitants of the coast. It reflects the positive and negative lineage of the
Premium Tide Coast
I understand what plagiarism is and am aware of the department’s policy in this regard. I have not allowed anyone else to copy my work. ------------------------------------------------- ------------------------------------------------- MEDIA POLICY AND REGULATION: Internal media regulation refers to the way principles or ‘rules’ are setup within different sectors of the media‚ whether it be by specific people or governing bodies who introduce parameters which control what is read‚ heard
Premium Sociology Mass media Advertising
Regulation is defined as a set of rules that is designed to control and govern conduct by authority (Deegan 2009‚ p.59). On the basis of this definition‚ Deegan (2009‚ p.59) has defined regulations relating to financial accounting as rules that are developed by independent authoritative body to govern the preparation of financial statements which are accounting standards. Since decades ago‚ there have been arguments for and against the existence of accounting regulations. With a stance of pro-regulation
Premium Market failure Balance sheet Information asymmetry
In the world of mass media there are many regulations that exist. These regulations are decided by the Federal Communications Commission (FCC). On June 19‚ 1934 the FCC‚ which is an independent government agency‚ was created under the Communications Act of 1934. At the beginning the FCC was responsible for regulating broadcast‚ telegraph‚ and telephone. Now the FCC expanded its regulations to new communication technologies such as the satellite‚ microwave‚ cellular telephones‚ PCS service and private
Premium Federal Communications Commission Broadcasting Radio
the most challenges. (Mawson 2003). The regulations governing transport is an important component of the transport system (Coyle et al. 2000). Regulations continuous increase over the years and across regions‚ countries or states to enforce safety transport (James 2002). The objective of this case study is to provide an insight into how regulations affect the supply chain performance of transportation of dangerous goods. The research areas include regulations‚ classification of dangerous goods‚ packaging
Premium International Maritime Organization Transportation Shipping
CHAPTER 2: REGULATION IN FINANCIAL ACCOUNTING Chapter 2 regulation in Financial accounting LEARNING OUTCOMES Upon completion of this chapter you should be able to understand: • The difference between management and financial accounting. • Why accounting regulations are important and required. • The need for and the structure of professional regulation‚ company law‚ stock exchange legislation and EU Directives. • How the different aspects of regulation work together
Premium Corporation Limited company International Financial Reporting Standards
safety concerns to United States citizens. Some argue against the fact that food safety is a concern. They believe that all food is safe in United States of America‚ but there is multiple reasons and evidence why there is concerns that it is not safe. I think that food being consumed in the United States should be labeled properly regardless of what others say. Contaminated food can cause many horrible things. The food that we consume should be properly labeled because it can cause sickness and
Premium Nutrition Food Food safety