International convergence of accounting standards is not a new idea. The concept of convergence first arose in the late 1950s in response to post World War II economic integration and related increases in cross-border capital flows. Initial efforts focused on harmonization—reducing differences among the accounting principles used in major capital markets around the world. By the 1990s‚ the notion of harmonization was replaced by the concept of convergence—the development of a unified set of high-quality
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How Advertisements Persuade You The creators of advertisements try to create a rhetorical situation by creating a certain tone or image in dating website advertisements. A commercial for example is trying to persuade you or inform you into doing or knowing something. Online dating has become very popular. Online dating websites allow you to socialize with other individuals seeking same interest as you. Match‚ E harmony‚ and Christian mingle create rhetorical situations‚ which make single
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Chapter 2 Cost Terms‚ Concepts‚ and Classifications Exercise 2-2 (15 minutes) 1. 2. 3. 4. 5. 6. 7. 8. 9. 10 . 11 . 12 . 13 . 14 . 15 . Depreciation on salespersons’ cars ................ Rent on equipment used in the factory .......... Lubricants used for machine maintenance ..... Salaries of personnel who work in the finished goods warehouse.............................. Soap and paper towels used by factory workers at the end of a shift ...................... Factory supervisors’ salaries
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investigate the major I have chosen‚ Accounting. Because my goal is to become a Certified Public Accountant (CPA)‚ I would like to know more of what it entails. Dealing with numbers‚ and recording and projecting the earnings of a company‚ accountants are placed with the responsibility of keeping track of the moneys of a business. God has blessed me with skills in the areas of mathematics and organization‚ which caused me to look for an occupation that utilizes both. Accounting seemed a logical choice since
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How many of you recycle? I try to recycle as much as I can‚ and I enjoy doing it. I recycle because I know that I am some how helping our environment and economy. Today I will be telling you about recycling and reasons why you all should recycle as much as you can. I will begin by talking about the reasons why most people do not recycle. Why recycling is important‚ and reasons why you all should recycle more in your everyday life. Reasons why many people don’t recycle. According to the article
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ACCOUNTING Harmonization of Accounting Standards Samir S. Mogul < E X E C U T I V E S U M M A R Y > ◆ International community has long back recognised the need for moving towards harmonisation of the accounting standard across the globe. Obviously on individual country is always entitled to costomise the existing international accounting Standards according to its specific needs. Among other advantages of harmonisation of accounting standards‚ the two benefits which tops the list are (a)
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amazingly fast. You can look up anything‚ anywhere‚ anytime you want. If you need to search for something‚ the internet is right there in your pocket. It also helps you get in contact with people. If you do not have their number‚ you can email them or send them a message on a social networking site. You do not have to power on your computer just to get on the internet any more. Another useful thing on a smartphone is the GPS. It’s unbelievable how your phone can find your exact location. You will not
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Accounting Diversity Although accounting standards and practices are the same across the board in their orgin‚ the Accounting and taxation structures of different countries around the world make them vary between countries. Different countries apply different accounting practices. This accounting diversity is the reason that one company may seem profitable while another seemstobe operating at a loss. This difference between global accounting practices can head to poor business decision-making
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Whether College is Worth the Cost rewrite #4 Sara Ellis AP Language 2014 Emily Gill Is college worth the cost? High school students and their families consider this question constantly. Their decision effects them for the rest of their lives. College is expensive and many students spend their adult lives paying off their debts. How are teenagers supposed to decide whether college is the right choice for them? If a student is not studying to get a job that requires a college education‚ then it
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Introduction Accounting is a very old science as it is strictly related to the first forms of trade in the old world. According to Belkaoui (1992: 22)‚ the Committee on Terminology of American Institute of Certified Public Accountants (AICPA) defines accounting as follows: "Accounting is the art of recording‚ classifying and summarising in a significant manner and in terms of money‚ transactions and events which are in part at least‚ of a financial character‚ and interpreting the results thereof
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