CFOs at Medium size Hospitals Target Cash conversion Cycle Improvements: Survey Top finance executives at mid-size hospitals in Egypt said that we should improve CCC and they expect that their main source of growth capital over the next two years will be cash from ongoing operations‚ not debt or equity financing‚ according to a report from a survey in collaboration with Dar El Oyoun Hospitals and centers and Medical consultancy Group. In a survey of 35 senior finance executives at hospitals with
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“accounting standards” and “financial reporting” refer to. Accounting standards refer to the accounting methods used in an accounting system like the IFRS. Financial reporting refers to the representation of financial information‚ in order to be uniform the financial reporting must be based on a fixed set of rules‚ invole complete objectivity and no bias. The IFRS (International financial reporting standards) has indeed helped the uniformity of financial reporting. However‚ in some cases due to subjectivity
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Energy Conversion Systems: Archimedes Wave Swing and Power Buoy Jawad Faiz1* and M. Ebrahimi-Salari2 1. School of Electrical and Computer Engineering‚ University of Tehran‚ Tehran‚ Iran 2. Department of Electrical Engineering‚ Islamic Azad University‚ Najafabad Branch‚ Najafabad‚ Isfahan‚ Iran Abstract: Many wave energy conversion devices have not been well received. The main reasons are that they are too complicated and not economical. However‚ in the last two decades direct conversion systems
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Do you agree with the view that Gladstone’s conversion to the policy of Home Rule for Ireland was driven primarily by political ambition? - Gladstone converted to the policy of Home Rule in 1885‚ shortly after the November 1885 election. He remained committed to this policy for the rest of his political life‚ despite the fact it had a divisive effect on his Liberal Party‚ and the fact that introducing Home Rule to Ireland would be very difficult. Historians and contemporaries‚ have cited
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Starch can be hydrolyzed into simpler carbohydrates by acids‚ various enzymes‚ or a combination of the two. The resulting fragments are known as dextrins. The extent of conversion is typically quantified by dextrose equivalent (DE)‚ which is roughly the fraction of the glycosidic bonds in starch that have been broken. These starch sugars are by far the most common starch based food ingredient and are used as sweetener in many drinks and foods. They include: Maltodextrin‚ a lightly hydrolyzed (DE
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Case Study Inventory The Cost of Inventory The general principle for cost inclusion into inventory for US GAAP and IFRS is similar but not exactly the same. First let us look at US GAAP. The basis of accounting for inventories is “cost‚” which is explained in ASC 330-10-30 paragraph 1 as “the sum of the applicable expenditures and charges directly or indirectly incurred in bringing an article to its existing condition and location.” These costs are divided into two different categories‚ the
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Commission) which oversees the accounting practices of publicly traded corporations. Is currently implementing plans for the convergence of GAAP into the IFRS as the standard for the U.S. and the world. Currently 110 developed‚ mid level‚ and developing countries use the IFRS as their accounting standard. The SEC has stated that they would like to converge to the IFRS by the end of 2014 but have found that this imposes extra costs on firms in a time of economic uncertainty. One major point to take away
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Bonus Research Paper Chris Fluharty There have been many reports regarding the United States switching from Generally Accepted Accounting Principles (GAAP) in favor of the international standards‚ International Financial Reporting Standards (IFRS)‚ followed by most of the world. This modification would represent one of the prevalent accounting rule changes for public companies based in the U.S. Among other issues‚ it would likely dislodge the Financial Accounting Standards Board‚ or
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system such as U.S. GAAP to a principles-based system such as IFRS could create greater ethical challenges for accountants ACCG 399 Research-Based Assignment Contents 1. Introduction 3 2. Main point 1 5 3. Main point 2 7 4. Main point 3…. 9 5. Conclusion 11 References 12 Introduction Social and professional expectations have been undergone a major shift as the global moves to adopt International Financial Reporting Standards (IFRS) which is a set of accounting
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Developments in U.S.‚ Obstacles to U.S. adoption of IFRS and Implications of US-IFRS Convergence. In the first part‚ the report shows the definition of IFESs and the incentives of the convergence. The second part focuses on current developments in U.S. And the third part analyse the obstacles to U.S. adoption of IFRS in three aspects‚ cultural issue‚ regulatory issues and practical issues. Lastly‚ the report provides the likely implications that the US-IFRS convergence will exert on companies. To sum
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