The Similarity and Difference between FASB & GASB Financial Reporting Saintania Bien-Aime Governmental/ Institutional Accounting: ACG4501 Keiser University April 15‚ 2012 Abstract The accounting and financial reporting standards are one of the source that profit businesses and governmental not-for-profit organizations‚ which has been created by the Accounting standards Board (FASB). However‚ accounting and financial reporting standards that apply for state and local governments in America
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There are five ethical standards researchers must follow: protection of participants‚ informed consent‚ deception‚ debriefing and confidentiality. These standards form the backbone of ethical standards for researchers. They provide a fair foundation for all research work for the participant and for the researcher. Protection of participants is the ethical standard by which no participant is harmed physically or harmed psychologically. This means participants should not be exposed to greater risks
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business conduct in the mining industry using three ethical principles of the Global Business Standards Codex. Type your essay below: Business ethics are defined as the collective values of a business organisation that can be used to evaluate whether the behaviour of the collective members of the organisation are considered acceptable and appropriate (ed. Campbell 2014). Many companies in the mining industry lack incentive to promote business conduct in line with ethical standards in regards
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1. The existence of a limited liability company means the: I. company’s members are liable for only a limited amount of business debts II. company has a legal existence distinct from its owners III. company may raise large amounts of funds by issuing shares. | I only | | I and II only | | II and III only | | I‚ II and III | 2. The two main types of companies permitted to be registered under the Corporations Act are: | a private company‚ and a proprietary company
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Ethical Standards and Working Conditions in Wal-Mart’s Supply Chain A research report conducted by the International Labor Rights Forum (ILRF) October 24‚ 2007 www.LaborRights.org 1 The International Labor Rights Forum would like to recognize Joanna Barry and Michelle Jacome for all of their research‚ writing‚ and editing support for this report. The International Labor Rights Forum was founded in 1986 and serves a unique role among human rights organizations as advocates for and
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Adley – Week1 DQ1 Follow up Reply Financial reporting fraud cases typically involve “fictitious revenues‚ overstatement if assets‚ capitalized expenditures‚ misappropriation of assets‚ premature revenues‚ and understatement of expenses and liabilities‚ “according to Lawyers Connect (n.d). As a result‚ such intentional misstatements are fraudulent and illegal‚ and most likely material. Manipulation of accounting equation‚ Assets = Liabilities + Stockholder’s Equity (Rich‚ et al.‚ 2012‚ p. 9)‚ characteristically
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Institutional and Conceptual Framework for Financial Reporting Week 1 Lecture Schedule of weekly topics › UoS Outline Assessment › Mid-semester test (7 Sep 2013) 40% 60% › Final exam (final exam period) ACCT2011 Financial Accounting A Dr Eagle Zhang › Please note: You must achieve at least 40% in the final exam to pass the unit AND get an overall mark of 50% or more. 1 4 Overview of ACCT 2011 1. Applying specific accounting standards: • interpreting (reading & understanding) •
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hidden nature of the internet‚ there are a couple of downsides. For example‚ it might be used by sexual predators that use dating sites as a means to prey on vulnerable individuals. There is also the issue of the ease in which individuals can change information about themselves which might mislead the other party‚ resulting in mismatched expectations‚ causing disappointments. There is therefore a need for some form of standards for online-dating agencies. We define online-dating agencies as a paid
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Ethics in Psychology Broward College Ethical Principles of Psychologists & Code of Conduct1 What is it about each of these studies that makes them unethical? The Milgram experiment In the Milgram experiment the people who played the role known as the teachers‚ were intentionally tricked. Based on the Code of Conduct 2 where pretext may be ethically admissible. It was the way that Milgram did so that was not ethical by today’s standards. For human participants the codes cover topics such
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of money. They have the ability to enhance or change situations that the common individual does not. As organisations affect many people‚ they have obligations to their employees‚ consumers‚ community and the world. They have a responsibility to conduct business in a way that is not harmful and which positively benefits as many people as possible and themselves. Although this sounds simple‚ it is easier said than done! as there will always be a conflict of interest between various groups of people
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