Governmental Accounting Standards Board (GASB) and Financial Accounting Standards Board (FASB) I realized that both play an important role in the accounting field. There are different objectives for each board and I will explain the similarities and differences. I will describe the role of government regulation in the application of accounting standards and reporting requirements. Finally‚ I will present a situation in a governmental accounting environment in which FASB standards would apply. The GASB
Premium Financial Accounting Standards Board Government State
DOES THE “MANAGEMENT APPROACH” CONTRIBUTE TO SEGMENT REPORTING TRANSPARENCY? Advanced Accounting ACC 610 January 4TH‚ 2010 1. INTRODUCTION: An operating Segment is a component of an entity that may earn revenues or incur expenses‚ whose operating results are regularly reviewed by the chief operating decision maker (COMD) and for which discrete financial information is available. Generally‚ financial information is required to be reported on the basis that it is used internally for evaluating
Premium Geographic information system Financial statements
ASSIGNMENT Question 4 NG CHAUR YANG 111061121 Lecturer: Dr. Kenneth Question 4 Discuss the statement in detail within the context of the Malaysian environment. Professionalism cannot be taught by regurgitating the IEM Regulations on Professional Conduct nor by memorizing a set of rules. Do you agree with the statement and why? The IEM‚ which known as Institute of Engineer Malaysia‚ was established in 1959 and it had a marked influence on the engineering profession in the country. It primary function
Premium Ethics Engineering Profession
Question 1: Identify three ethical principles that you personally believe reflect “natural laws” that are self-evident and that all people ought to ascribe to. If you don’t personally believe that there are any such principles‚ then identify three such ethical principles that are incorporated into one or more religions (such as the Golden Rule). 1. We all should treat others how we would want to be treated (Golden Rule). 2. Accept that all people are not the same and don’t judge people because they
Premium Ethics Morality Philosophy
How is XBRL implementing financial reporting technology in India? Extensible Business Reporting Language is one of a family of “XML” languages that is a standard means of communicating information between business and via the Internet. XBRL can be used to express a wide range of reports and disclosures including financial statements‚ internal management information‚ credit filings and statistical reports. XBRL international is a non-profit consortium whose members include approximately 300 leading
Premium Financial services Finance Hedge fund
Contemporary Issues in nursing practice Paper TOLAC vs. elective repeat cesarean delivery Since the early 70’s‚ the Western world has observed the trend of rising numbers of cesarean deliveries. In 2007 32% of all deliveries in the United Stated happened via C-section; the highest number ever. With so many cesarean deliveries many women face a dilemma regarding prospective birth. Cesarean section limits future childbirth choices‚ but available medical knowledge and research data overthrow the
Premium Childbirth Obstetrics Caesarean section
Introduction This paper will address the topic of ethical integrity‚ and it outcome. Ethical standards are very important to have. It is extremely important to be able to set a stand and have a clear understanding of what is ethical or not. First let’s clearly define what plagiarism is and is it ethical. To help address beliefs on this topic a little research had to be done. After carefully reviewing the definition of plagiarism‚ and copying it was discover that I have witness plagiarism and I truly
Premium Ethics Copyright Integrity
III. PERSONAL CONDUCT Section III. 1 Confidentiality Policy During the course of employment at “X”‚ employees come across information related to the trade in methods‚ processes or strategy which is key to the business. Our clients also entrust us with a lot of important and confidential information. It is an integral part of our role as brand custodians to respect the confidentiality of this information and ensure that we safeguard it against all possible leaks. Therefore employees are required
Premium Employment Confidentiality Ethics
- Question 1 1. Discuss what is meant by ‘unconscionable conduct’. Explain how unconscionable conduct might affect the validity of a contract. In your answer‚ you should include a discussion of any relevant statute law and at least one relevant case. Unconscionable conduct is a broad concept in contract law that involves several doctrines and can be understood at different levels of breath. It is generally referred to as ‘conduct which is wholly unreasonable and is not guided or restrained
Premium Debt Contract Contractual term
Ethical Issues in Relation to Psychotherapy Clinical Practice Topic Analysis Professional Practice Module: 588623 Tarsha Warin Lecturers: Dr Antoinette McCallin & Peter Greener Submitted: November 3rd 2005 Introduction I will begin this topic analysis by dividing the assignment up into four sections. The topic I am choosing to analyse is the complexity of ethical issues in relation to psychotherapy practice. Specifically these ethical issues will include the relationship‚ privacy
Premium Health care Ethics