Retained earnings is the profit generated by a company that are not distributed to stockholders (shareholders) as dividends but are either reinvested in the business or kept as a reserve for specific objectives (such as to pay off a debt or purchase a capital asset). A balance sheet figure shown under the heading retained earnings is the sum of all profits retained since the company’s inception. Retained earnings are reduced by losses‚ and are also called accumulated earnings‚ accumulated
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The Series of Discussion Papers “Conceptual Framework of Financial Accounting” Working Group on Fundamental Concepts September 2004 （Tentative translation: 28 Feb. 2005） Contents Issuance of the Series of Discussion Papers “Conceptual Framework of Financial Accounting”・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 1 Discussion Paper “Objectives of Financial Reporting” ・・・・・・・・・・・・・・・4 Discussion Paper “Qualitative Characteristics of Accounting Information” ・・・・・12 Discussion Paper “Elements
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on the information perspective of accounting. As information perspective was later replaced by the measurement perspective‚ we will discuss recent accounting measurement issues‚ including fair value accounting and off-balance sheet liabilities. Positive accounting theory‚ earnings management‚ executive compensation and economic consequences of standard setting will be covered in the last part. Financial Accounting Theory is a rigorous subject requiring not only accounting but also financial and
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Women Deserve Equal Pay The argument over whether the gender pay gap still exists is often brought up without an exact answer. Women getting paid less than men for doing the same job is real and is happening everyday. People may question why women still face a gender pay gap and why they deserve to have equal pay. Woman face the gender pay gap because of sexism ‚discrimination‚ and stereotypes. Many think it is a myth or not true because of the Fair Pay Act of 2013 or fair pay laws. Gender pay gap is still an issue in our world today
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Strapped: Why America’s 20-And-30 Somethings Can’t Get Ahead Tamara Draut Strapped: Why America’s 20 and 30 Somethings can’t get Ahead. She is a part of generation X‚ which gives her firsthand experience about the subjects covered in the book. Her studies and writings focus on the growing economic insecurity‚ rising debt among citizens and declining opportunity that now characterize American society. The book consists of seven chapters. In which Draut focuses on young adults and the problems
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saw the dawn of the “ roaring 20s”‚ where there was opportunity for everyone. The economy boomed and investors took a chance and making money in the stock market. Americans became a consuming society. The start of prohibition created a wave of illegal clubs called speakeasies‚ that were controlled by organized crime. Although hate groups‚ like the KKK‚ undermined minorities‚ the 20s was the source of booming cities‚ New inventions‚ and tests on roles that made the 20s the best of times. As cities
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Fresh 20 which provide the Meal Planning Service to enter into a new Hong Kong market. Q1 Company Background The Fresh 20 is a company which provided the online service regarding meals. The company creates meal plans for five recipes with 20 seasonal ingredients in order to let customers to take 20 ingredients and cook in 20 minutes with a healthy meal. The
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Chapter 20 Africa and the Africans in the Age of the Atlantic Slave Trade I. Introduction A. Mahommah Gardo Baquaqua – symbol of slavery 1. Muslim trader > African slavery > African slave trade > Missionary B. Impact of outsiders on Africa 1. Islam first‚ then African developed at own pace‚ West had big impact C. Influence of Europe 1. Path of Africa becomes linked to European world economy 2. Diaspora – mass exodus of people leaving homeland 3. Slave trade dominated interactions
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Moss and McAdams Accounting Firm Tyrone Adaway BUS 517 Project Management Dr. Flores April 20‚ 2012 1. Explain how you would respond if you were Bruce at the end of the case. I would be furious beyond belief; I would feel very disrespected and unappreciated by the company at the end of this case. To be forced to work with a subpar team member for several months who had shown poor performance and cause my project to run behind‚ only to then be told that not only were they going to remove him
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The Big Four Accounting Firms Financial Accounting September 8‚ 2012 In the world of accounting four global firms take the gold. Those are considered “The Big Four”. Over the past twenty years many financial organizations have been established‚ but only the best have survived long enough to be well known across the world. Those four corporations are Deloitte & Touche‚ Pricewaterhouse Coopers‚ Ernst & Young‚ and KPMG. The biggest name in the industry however‚ is Deloitte & Touche
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