Business Unit 10: Financial Accounting and Financial Reporting Student name Assessor name Date issued Completion date Submitted on 28/03/15 09/05/15 Assignment title Presentation of financial information and Interpretation of Financial Statements (2 of 2) Learning Outcome Learning outcome Assessment Criteria In this assessment you will have the opportunity to present evidence that shows you are able to: Task no. Evidence (Page no) LO3 Be able to present financial information in accepted
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discontinued operations and before the effect of changes in accounting principles Discontinued Operations: A component of a business is defined as a segment for which operations and cash flows can be distinguished both operationally and for financial reporting purposes. It has to be sold in full. Check of impairment of segment if not sold off by the end of the year. Reported net of tax and must restate all previous reports. Asset Impairment: check undiscounted cf and reduce to fair value. Cannot
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ACCOUNTING 592 Financial Accounting & Reporting Seminar Spring 2010 Instructor: Office Hours (subject to adjustment): Teresa Gordon Office Hours: W 8:30–11:00 AM Albertsons Bldg. 118 and T‚W‚Th 1:15 - 3:00 PM 885-8960 or by appointment E-mail: tgordon@uidaho.edu Course web page: http://www.cbe.uidaho.edu/Acct592 ------------------------------------------------- MASTER OF ACCOUNTANCY – LEARNING GOALS ------------------------------------------------- -------------------------------------------------
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Introduction In 31st January 2008‚ Google Inc. announced its financial results for the quarter and fiscal year ended 31st December 2007. CEO Eric Schmidt was very pleased with the performance of the Google in terms their core value‚ growing reputation‚ techniques to manage their operating expenses. The financial statement was on the GAAP financial measures that are most directly comparable to non-GAAP financial measures. The raising cost on R&D‚ sales & marketing‚ and general administrative
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The Legality of Spyware The internet has become a large part of our lives today. With the use of the internet growing comes a growing number of problems with service. One of these major problems is spyware. According to Wikipedia[1] “spyware is a type of malware that can be installed on computers‚ and which collects small pieces of information about users without their knowledge. The presence of spyware is typically hidden from the user‚ and can be difficult to detect. Typically‚ spyware is
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Interpreting Financial Statements An important factor to the success of a small business is understanding financial statements. Financial statements are very important and critical to a business’ journey to economic success. According to Edmonds‚ Olds & Tsay‚ (2008)‚ when used properly‚ financial statements can act as a basis of information for business valuation. Another important and useful indicator when determining a business’ performance and financial situation are financial ratios. Financial
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assets and liabilities in its own financial records. Therefore‚ the consolidation process is unnecessary since there would be no records of Marvel to consolidate. If Marvel continues to exist as a separate legal entity (an acquisition)‚ Disney will then record the investment in Marvel in its own financial records. The investment account will be replaced by the goodwill and Marvel’s assets and liabilities during the consolidation process. To note that the financial statements issued by Disney will
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Question: 01 What are the three types of activities reported in cash flow statements? Explain. Answer: The statement of Cash Flow is one of the basic financial statements for a business. It reports a company’s major cash income and outflow for a period. Cash flows are classified as operating‚ investing‚ or financing activities on the statement of cash flows‚ depending on the nature of the transaction. Cash Flows from Operating
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CFGB6101 Economics for Managers (Wednesday Class: 6:30pm – 9:30pm) Proposed Title for Group Project: How Demand and Supply Factors Have Affected the Price of Telecommunication Services in the Past 5 Years. Prepared for: Dr. Nurul Shahnaz Ahmad Mahdzan Prepared by: Gopi Kerishnan CGA120011 Jamaludin Bin Muhamad Yusof CGA120092 Sathisveran CGA100081 Vinoden Subramaniam CGA120012 Date of Submission: Nov 1st‚ 2012 Table of Contents Page No. 1.0 Introduction
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further investigation. In this research‚ the survey of literature has been classified into two parts - Abstract This paper examines the trends‚ the research and studies done globally on open innovation and open business models in the field of Telecommunication Services. These include value added services pertaining to communications‚ online‚ web and media‚ mobile‚ triple/quad play‚ etc. on both consumer and enterprise side. In the face of severe competition‚ and commoditization‚ the current traditional
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