Page 1. History of International Financial Reporting Standards (IFRS) …………… 2 2. Advantages and Disadvantages of Adopting IFRS ……………….. 4 2.1. Advantages…………………………………………………………………………4 2.2. Disadvantages………………………………………………………………………………..5 3. Similarities and Differences between IFRS and U.S.GAAP
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games may include cd’s‚ hard disks‚ electronic components‚ software’s‚ game writers‚ packaging of the consoles‚ printing of manuals and additional features like graphics etc to make the games more popular. Distributors: Distributors play a vital role in the video game industry. They include the local store distributors and now days the online distributors too who have majorly contributed to the video game industry. However it is essential to know the potential distributors of video games as some
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The use of Websites and blogs as a tool for estabilishing better learning outcomes. ABSTRACT Internet Websites and Blogs (also known as Digital Learning Environments)‚ which are two new development technologies that provide better teaching-learning environments‚ interactive and inter-creative engagements for teachers and students‚ were not very common until recently‚ however‚ these technologies have taken a great role in the world of education and have become more dominant and widespread among
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Analyzing and Interpreting Financial Statements An important factor to the success of a small business is understanding financial statements. Financial statements are very important and critical to a business’ journey to economic success. According to Edmonds‚ Olds & Tsay‚ (2008)‚ when used properly‚ financial statements can act as a basis of information for business valuation. Another important and useful indicator when determining a business’ performance and financial situation are financial
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Administrative Ethics Paper Michelle Hoagland Health Care and Social Responsibility/335 September 11‚ 2013 Mr. David Carmon Administrative Ethics Paper WellPoint‚ a managed care company‚ was investigated for violations of the Health Insurance Portability and Accountability Act of 1996 and Security Rules. The investigation concluded WellPoint improperly “implement policies and procedures for authorizing access to the on-line application database‚ perform an appropriate technical evaluation
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Ch 8: Financial Reporting and Management Reporting System GL master ledger: the principal file in the GLS database. Based on chart of accounts. FRS draws upon GL master to produce the firm’s financial statements General ledger history file and journal voucher history file- prior period info Responsibility center file: contains revenues‚ expenditures‚ and other resource utilization data for each responsibility center in the organization (used for responsibility reports) Budget master file: contains
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the dilemma of removing the patient from harm but still obtaining their consent. With mandatory elder abuse reporting‚ nurses may be more keenly focused on the issue and are obligated to report it. The challenge involves the ethical principle of beneficence‚ defined as to “do good” (Butts & Rich‚ 2013‚ p. 446) for the patient. Health care professionals want to provide adequate care and reporting suspected abuse can help remove the patient from harm and stop the abuse from occurring. However‚ nurses
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Uniform Crime Reporting (UCR) program is a collaboration of law enforcement agencies reporting crime and arrests statistics (About the Uniform Crime Reporting (UCR) program‚ n.d.). The FBI generates a yearly report with statistical crime rate information regarding Part I offenses involving persons and property. The agencies contributing to the statistical data compiled by the FBI include local‚ state‚ federal‚ tribal‚ as well as colleges and universities (About the Uniform Crime Reporting (UCR) program
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Accounting Reporting Criteria (GM and Toyota) Team B Megan Wooliver September 7‚ 2010 Accounting Reporting Criteria In order to keep up with the times most organizations of today are finding themselves consistently coming up with different ways to keep accounting information personal as well as accurate. Providing good accounting information not only leads to better decisions but also increase in profit. Even two different organizations that provide a similar product or service have
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Target Company Selection Process The target company we decided on for our financial analysis is General Electric. At first we were looking at Starbucks‚ as it is a rapidly growing multinational corporation‚ but after some research we discovered that the earnings per share growth of Starbucks is 40.2%. Therefore Starbucks did not meet the requirement set at 50% EPS growth to be considered a truly “rapidly growing company”. We then continued our research and were able to find that General Electric
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