In the corporate annual report‚ a statement reporting the independent auditor’s opinion was included. This opinion shows that the auditor has reviewed the internal controls over financial reporting and it also audits the consolidated financial position of Monsanto. The auditors express the fact that they are independent from Monsanto which means that the report is not coming from someone within the Monsanto Company. This is also important because it means that the report will not be biased and
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Contents Introduction 3 Base Data 3 Financial Data Analysis 3 Trend and Growth Analysis 3 Common Size Analysis 3 Ratio Analysis 4 Profitability ratios‚ 4 Solvency ratios 4 Activity Ratios 4 Du-Pont Analysis 5 Qualitative details of the financial report data 5 Chairman’s letter highlights 5 Directors’ report highlights 5 Management Discussion and Analysis 5 Auditor’s report highlights 6 Significant Accounting Policies 6 Revenue Recognition 6 Depreciation 6 Foreign Currency Transaction
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References: • Dahmash‚ N. (1995). Financial Statements and Accounting Standards Generally Accepted.. Amman-Jordan. • Kieso‚ D. E.‚ Waygandt‚ J. J.‚ & Warfield‚ T. D. (2005). Intermediate Accounting. (11 edition). Wiley Publisher. • ACCPA‚ (2006) Journal of Accountancy‚ (Monthly Journal) September
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As Bain (1992; p.5) states‚ ‘Financial intermediaries are institutions which attempt to serve the needs of both lenders and borrowers and are often able to reconcile the divergent requirements of borrowers and savers.’ It is important to highlight that there are several different financial intermediaries; banks‚ building societies‚ insurance companies and pension scheme companies‚ but in this case the role of the bank as an intermediary will mostly be considered. In everyday lending transactions
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I. INTRODUCTION Dutch Lady Milk Industries Berhad ("Dutch Lady Malaysia")‚ a company established in 1963‚ is currently leading in the business of quality branded dairy in Malaysia. The company‚ whose holding company is Royal FrieslandCampina–a Dutch multinational corporation‚ one of the largest milk companies in the world- was the first milk company in Malaysia to be listed on Bursa Malaysia‚ the local Stock Exchange in 1968. Being the leading producer and seller of quality dairy products and fruit
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poem “On Speaking Up for Each Other” by Martin Niemoller. Each of these readings focus on how doing something in life can really make a difference. The Diary of Anne Frank by Francis Goodrich and Albert Hackett is about a girl who goes into hiding with her parents and other friends. She goes into hiding to hide from the Nazis. Hitler started it all by killing Jews. He was a bad man who wanted to get rid of Jewish people. While Anne was hiding they got to know each other more. But
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``Why do we as human beings’ pass judgment on each other for doing what comes natural to us like eating? I believe that it’s because some of us are scared to take the time to understand what the other party is trying to say‚ and these are my reasons why. First‚ the Dictionary defines the word Speech: as the faculty or power of speaking; oral communication; ability to express one’s thoughts and emotions by speech sounds and gesture. The dictionary also defines the word Language: as a body of words
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the users and suppliers of financial statement information. 1-2 - 1 1-2 LO2 Identify and explain the four financial statements‚ and define the accounting equation. 3-19 1-8 2-5 3 LO3 Explain and apply the basics of profitability analysis. 20-25 9-10 6-7 4 LO4 Describe business analysis within the context of a competitive environment. 26-27 - 8 - LO5 Describe the accounting principles and regulations that frame financial statements. 28-30 - 9-10 5
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PENCEGAHAN DAN PENDETEKSIAN FRAUDULENT FINANCIAL STATEMENT (KECURANGAN DALAM LAPORAN KEUANGAN) OLEH FRAUD EXAMINERS (AUDITOR FRAUD) (STUDI LITERATUR) 1. Latar Belakang Fraud atau yang lebih familiar dengan istilah kecurangan‚ telah menjadi momok dalam dunia usaha modern yang terbukti telah merontokkan perusahaan – perusahaan kelas dunia. Coba kita bawa kembali ingatan kita‚ ketika masa akan memasuki millennium baru‚ tiba – tiba dunia seakan tersentak dengan terkuaknya
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Business community on May 17 go to the Nike shoe counter replacement differences make up the difference amount of staff tell the differences; to buy a new Nike walking clothes home to wash to create fade ... published by this newspaper on May 11 "Nike shoes for several months and it broke‚ "three guarantees" soon as a shield "to stimulate consumer concern‚ recently‚ they have to this response‚ I troubled purchase Nike products. May 13‚ the reporter in the interview to create Nike’s complaint is
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