Test One MLR 465/51 February 8‚ 2014 Question One “Know your enemy and know yourself‚ and in a hundred battles you will never be defeated…you are sure to be defeated in every battle.” A company must know their position in their field‚ what are they currently doing and where they want to be in the future. Along with knowing their competitors in the same field‚ know their current plans and predict their future plans. If a company has it good for itself and has a strong well analyzed strategy
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Describe the amortisation requirements for certain identifiable intangible assets and the changes to accounting for goodwill introduced as part of the convergence with international accounting standards. How will these changes affect reported profit? General amortisation requirements Intangible assets (other than goodwill) that are considered to have a limited useful life are required to be amortised over their useful lives defined as ‘the period of time over which the asset is expected to be used
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change. ‘Positive’ because it acts to reinforce the effect‚ either as a viciousالفاسدة circle or a virtuous one. 2. Define the generic types of information it may be required on decision making? 1. Internally generated (from accounting department...) 2. Externally generated(market research) 3. Formal(company documents) 4. Informal (from staff-e mail...) 5. Ad hoc or regular 6. Analytical-subjective 7. From different sources: human‚ textual‚ electronic)
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severely handicap department‚ knowing how to communicate to my co-workers what is expected in this position is essential; making the needs of needs of the student priority is always our focus. I understood how the external influence what happen internally within a
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the strength of GE’s corporate strategy Unrelated Diversification—it has six main business: infrastructure‚ industial‚ commercial finance‚ healthcare‚ consumer finance and NBC Universal. All of these generate less than 70% revenues. Their economies of scope are generated through their core competences. For instance they are able to enter all of the consumer services and appliances industries because of their innovation‚ technological advancements and service sector. Outline 3 principles of
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them to determine whether to buy or sell Employees: information on stability and profitability‚ anything that will affect employment opportunities and remuneration etc. Lenders: information on ability to repay debts - Assumptions: Accrual basis: revenue and expenses are recognised when they occur Going concern: assumption that the entity will continue in operation for the foreseeable future Accounting entity: the accounting entity is separate and distinguishable from its owners Accounting period:
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intangible assets. In particular‚ explain the accounting for internally generated intangibles under IAS 38. *****Internally developed intangibles are not recognized as assets under IAS 38 and IFRS. However‚ developments costs are capitalized with IFRS when technical and economic feasibility of a project can be demonstrated with specific criteria. Some of the criteria that needs to be met in order to recognize internally generated intangible asset are: demonstrating technical aspects‚ intent
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In the financial results of Sainsbury’s‚ it has a slight increase from 184% in 2010 to 185% in 2011. It means that the operating efficiency of total assets and marketing capacity in Sainsbury’s has become better‚ and then the company generated more profits. For example‚ Sainsbury’s plans to open Whitchurch store and not only offer more jobs‚ but also get more profits (BBC‚ 2010). Conclusion In conclusion‚ J Sainsbury plc gets a great development in industries of supermarkets in UK
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Table of Content Executive Summary…………………………………………………………PG3 Introduction………………………………………………………………PG 4 Recent history of the company………………………………………….PG 5 Explanation of Source of Finance………………………………………PG6-7 Firms sources of finance/Capital Structure of the firm………………...PG 7-8 Reason for floatation………………………………………………..….PG9 Implications of the floatation for the firm……………………………...PG8-10 Performance of the firms shares since floatation…………………….…PG11 Future prospects for the firm……………………………………………PG12
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regulation in Japan has the potential to influence the adoption of similar regulations in other geographic markets. The rise of regulations regarding the monetization practice in mobile games across boards may impede on GREE’s ability to sustain revenues. Socio-cultural trends
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