Information Technology Acts The following paper will explain why important laws are passed due to the advancements in information technology which could result in ethical problems to arise requiring the formation of these laws. The first act is the Do Not Call Implementation Act‚ 2003 and the second act is the Children’s Internet Protection Act‚ 2000. These acts are important because new technologies can lead to unethical business practices‚ and child exploitation. The Do Not Call Implementation
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Group Case Study “Microsoft’s Financial Reporting Strategy” Microsoft’s Financial Reporting Strategy ABSTRACT 2 This case study examines the factors explaining the difference between Microsoft’s market value of equity to book value of equity and overall financial reporting strategies employed at the firm. We analyzed financial information dating from 1985 to 1999 and 2011 annual report provided by Microsoft. We found factors explaining market value of equity are perceived risk and future cash
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The term ‘Information Technology’ or simply known as IT is a generic name given to all improvements that are taking place in our world due to the inter-linked advancement in technology‚ learning‚ and information. The term refers to recent technological developments that are taking place in our world as a result of better technology‚ due to better information. It consists of a number of allied modern advancements such as‚ computer‚ Internet‚ websites‚ surfing‚ E-mail‚ E-commerce. E-governance‚
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Chapter 4 Ethical and Social Issues in Information Systems 4.1 © 2010 by Prentice Hall Management Information Systems Chapter 4 Ethical and Social Issues in Information Systems LEARNING OBJECTIVES • Identify the ethical‚ social‚ and political issues that are raised by information systems. • Identify the principles for conduct that can be used to guide ethical decisions. • Evaluate the impact of contemporary information systems and the Internet on the protection of individual
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FRAMEWORK FOR FINANCIAL REPORTING SCOPE OF THE FRAMEWORK The existing framework deals with the ■ Objectives of financial statements; ■ Qualitative characteristics of financial statements; ■ Elements of financial statements; ■ Underlying Assumptions; ■ Recognition of the elements of financial statements; ■ Measurement of the elements of financial statements; and ■ Concepts of capital and capital maintenance OBJECTIVES The objective of general purpose financial reporting. The objective
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EM6602 Accounting for Decision-Making and Control Microsoft’s Financial Reporting Strategy (HBR 9-100-027) Team Members Toh Wei Hong‚ Prashant Trivedi‚ Preethy Varadarajan Question 1 The difference between Microsoft’s market value and book value is primarily due to unrecorded intangible assets such as brand value‚ customer loyalty‚ human capital‚ and commercial advantages such as long-term contracts and market dominance. These intangible assets confer Microsoft a tremendous edge over its
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ACCT2542 Corporate Financial Reporting & Analysis Semester 2 – 2009 Version 1.0.3 Contents Page 3 Accounting for Income Tax Page 7 Consolidation Accounting – Principles Page 10 Consolidation Accounting – Wholly Owned Subsidiaries Page 15 Consolidation Accounting – Intragroup Transactions Page 19 Consolidation Accounting – Minority Interests Page 24 Consolidation Accounting – Indirect Ownership Page 26 Accounting for Asso Associates – The Equity Method
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YOUR ASSIGNMENT: All assignments submitted should include Form A and Form B (available of E-learn) Please submit a hard copy to our Learning Resource Centres {Reduit (weekdays open) / Curepipe (Saturdays open)}. 1 QUESTION 1: “Information technology has changed the face of work-life pattern of people.” Discuss on the above statement with appropriate examples existing today. (15 Marks) QUESTION 2: You have been approached by a household of four members to recommend a computer system
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Financial Reporting Problem‚ Part 1 ACC/290 April 20‚ 2014 Abstract In this paper we will discuss Walmart’s Balance sheet and Income Statement. We will analyze the company’s total assets at the end of the most recent annual reporting year and to why it is important. We then will talk about the company’s total assets‚ how much cash and cash equivalents did the company have‚ as well as‚ the amount of accounts payable at the most recent year‚ and from the previous
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Microsoft’s Financial Reporting Strategy Q1. What are the factors that likely explain the equity and its reported book value of equity? Question 1 2 3 4 5 6 1999 Market Capitalisation: USD 460 Billion Book Value: USD 28 Billion MVE more than 16 times of BVE! Factor 1 Question 1 2 3 4 5 6 Intangible Assets • BVE does not reflect certain intangible assets’ value such as brand‚ customer loyalty‚ and human capital – Likely to provide tremendous earnings growth
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