RESEARCH: Accounting Standard Codification (ASC) 1. FASB had four primary goals in developing the codification. List these four goals: 1. Simplify user access to all authoritative U.S. GAAP by putting them all in one place with codification 2. Assist FASB with the research and international convergence efforts required during the standard-setting process 3. Become the authoritative source of literature for the completed extensible business reporting language (XBRL) taxonomy 4. Clarify that
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National Institute of Business Management Chennai - 020 EMBA/ MBA Elective: Financial Management (Part - 2) Attend any 4 questions. Each question carries 25 marks (Each answer should be of minimum 2 pages / of 300 words) 1. Discuss the main sources of capital to finance capital expenditure. 2. Explain the factors considered as regards to a company’s decision to use debt or equity. 3. Describe the advantages of Leasing. 4. Describe the concept of Working Capital. 5. Explain the techniques designed
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Frameworks: Frameworks are boundaries for accountant and made up by PRINCIPLE and RULES. There are Two types of framework – 1. Conceptual: Conceptual are made up by historical practice that are done by people like- IAS‚ GAAP etc. 2. Regulatory: Regulatory are boundaries of rules and regulation like- Company law‚ National standards of accounting‚ Stock exchange regulation‚ Sometimes IAS if country adopt it etc. Usefulness and Requirement of Frameworks: 1. Framework develops over hundred years
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war. Everything after this would lead the Americans to understand the need for a democratic government and the end of unfair views. At the point where the United States couldn’t avoid being a part of the war Is when Roosevelt realised the Lend Lease Act. In my opinion this is Roosevelt making the decision that we are going to be a part of this war one way or another. This act made it able
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March 2011 THAI MINING LEGISLATION 1. Laws Governing Exploration and Mining The principal law is the Minerals Act (1967)‚ last amended in 2002 by Minerals Act No. 5. The act governs onshore and offshore exploration‚ mineral production‚ mineral trading‚ oredressing‚ transport and export of minerals‚ other than petroleum. The Department of Primary Industry and Mining (“DPIM”) is empowered to administer the Minerals Act and to issue ministerial regulations. DPIM also provides technical assistance in
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ATTACHMENT I: Stacking Plan of 500 Collins Street‚ Melbourne CBD STAKING PLAN Total Net Lettable Area 13‚000 sqm Total Car spaces 200 bays ATTACHMENT II: Tenancy Schedule Level | NLA | Use | Tenant | Lease | Lease | Rent Passing | Next Rent | Rent Review Basis | Outgoings Basis | | sqm | | | Term | Expiry Date | $PA | Review | | | Basem’t | 200 cars | Car Park | Jones | 15 | 30/06/2023 | 480000 | 30/06/2012 | CPI annual | No outgoings paid |
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forms online. Documentary Requirements Single Proprietor Partnership Corporation BIR FORM 1901 (Application Form) ✓ BIR FORM 1903 (Application Form) ✓ ✓ BIR FORM 0605 (Payment Form) ✓ ✓ ✓ BIR FORM 2000 (Documentary Stamp Tax on Lease) ✓ ✓ ✓ BIR FORM 2000 (Documentary Stamp Tax on Subscription) ✓ 2. Go to the Revenue District Office (RDO) that has jurisdiction over your registered address. You can also visit this link to know which RDO has jurisdiciton
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followings:• Direct Mail Campaign • Repositioning Through Advertising • Value Pricing • Sales Incentives • Leasing • Cash Offers Direct Mail Campaign Lease Renewal Customers • Targeted to about 5000 customers • Highlighted the new features i.e Safety System and Family Entertainment System • Current Lease renewal Rate : 40% • Expected : 45 to 50% returning lease customers • Offered: $500 loyalty discount Direct Mail Campaign (cont..) Potential New Customer • Focus – the customer who leased a minivan from
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Multiple Choice—CPA Adapted Chapter 14 – Long Term Liabilities 1. On July 1‚ 2010‚ Spear Co. issued 1‚000 of its 10%‚ $1‚000 bonds at 99 plus accrued interest. The bonds are dated April 1‚ 2010 and mature on April 1‚ 2020. Interest is payable semiannually on April 1 and October 1. What amount did Spear receive from the bond issuance? a. $1‚015‚000 b. $1‚000‚000 c. $990‚000 d. $965‚000 2. On January 1‚ 2010‚ Solis Co. issued its 10% bonds in the face amount of $3‚000‚000
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Reflection Paper Team B will reflect on why it is important for management as well as investors and creditors to understand the current and long-term liabilities. What makes it important to disclose contingencies as well as how do operating and capital leases relate to liabilities. It is important for managers to know what the company has as current or long-term liabilities because if they are not aware of what the funds look like they cannot affectively run the company. This knowledge helps a manager
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