INDIAN ACCOUNTING STANDARDS - A PERSPECTIVE The paradigm shift in the economic environment in India during last few years has led to increasing attention being devoted to accounting standards as a means towards ensuring potent and transparent financial reporting by corporate. Further‚ cross-border raising of huge amount of capital has also generated considerable interest in the generally accepted accounting principles in advanced countries such as USA. Initiatives taken by International Organisation
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“The Veldt and Technology” Self driving cars are an upcoming innovation for the future. The story “The Veldt‚” is a great comparison to new inventions such as vehicles that can operate automatically. Though self driving cars‚ and examples of technology in fiction can have positive impacts upon a society‚ their determinants can be fatal. In the story “The Veldt‚” the Hadley family lived in a Happylife Home which provided a futuristic technological outlook on life (Bradbury). Life was simpler in
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STANDARD DEVIATION The standard deviation is a popular measure of variability. It is used both as a separate entity and as a part of other analyses‚ such as computing confidence intervals and in hypothesis testing. The standard deviation is the square root of the variance. The population standard devia¬tion is denoted by σ. Like the variance‚ the standard deviation utilizes the sum of the squared deviations about the mean (SSx). It is computed by averaging these squared deviations (SSX/N) and
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families. They have societal standards to live up to. The most amazing part about these standards is that wealthy upper class creates them‚ and the rich upper class complain about their self-made standards. The same applies for social pressures. Most are created by us‚ based on the world around us. The Cuban Swimmer‚ Saga Volume 1‚ “The New‚” and The Lawsuit all portray different standards and pressures in their storyline. The Cuban Swimmer is a story about standards. The main character puts pressure
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unfortunate‚ indeed. The world is in a sad‚ pitiful state. Fashion industries take great advantage of these concepts‚ manipulating society by slapping on the label of feminism onto their overly exposing clothing lines. This isn’t a new uprising‚ however. It seems more like a cycle‚ when observed going back all the way to the decade of the “flappers” in the 1920s. A flapper was a fashionable woman who was determined to flout conventional standards of behavior‚ even if that meant being rebellious
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Generally Accepted Auditing Standards ACC/491 Contemporary Auditing 1 March 27‚ 2014 Richard A Cochran Generally Accepted Auditing Standards Generally Accepted Auditing Standards‚ also known as GAAS‚ are the most acknowledged auditing standards known. GAAS relates to the conduct of individual audit engagements and are a set of standards in which quality of audits are performed and may be judged. The American Institute of Certified Public Accountants (AICPA) has a division
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classes have always put others beneath more fortunate people. Can a person seem inferior due to their social class? In George Orwell’s‚ 1984‚ a person’s placement in the Party effects what social standards they will live with. 1984 is Orwell’s warning to what will happen if society continues to apply social standards to people. The Inner Party‚ the highest social class‚ is a direct line to the will of the omnipotent Big Brother. Members live in larger‚ higher quality‚ homes as opposed to the proles who
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No. 5 - Standards of Legitimacy: In order to have a negotiated agreement that seems fair to all parties‚ the parties should utilize “standards of legitimacy.” These standards should “preferably be objective and outside of the ability of any one party to control.”6 The current procedures in place for determining fault in an officer’s behavior and assigning punishment are technically part of an official standard‚ but they are within the police department’s ability to control and thus cannot count as
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Psychological Association (APA) ethic standards and codes is driven to encourage the highest effort of psychologist to ensure public welfare‚ promote sound relationships with related professions‚ and promote the professional standing of discipline (Fisher‚ 2003‚ p. 3). The ethics codes are important to the field of psychology because it provides guidance for psychologist and sets standards for professional conduct. Its intent is so psychologist may use a standard set forth for the psychologist to ensure
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Standard Cost Accounting Learning Objectives Describe the different standards used in determining standard costs. Determine procedures for recording standard costs. Compute and analyze variances. Prepare journal entries to record variances. Examine and interpret variances. Recognize the features of a standard cost system. Account for standard costs in a departmentalized factory. Distinguish between actual and applied factory overhead. Standard Costing •The purpose of standard cost accounting is to
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