A sound financial reporting system‚ supported by high quality accounting standards and backed by a solid regulatory‚ governance and ethical framework‚ is a pre-requisite for economic development”. Economic development is affected by many factors; some believe that a strong financial reporting system is one of them. Throughout the report this will analysed and discussed to come to a sound understanding whether it does and if so‚ how effective it really is. High quality accounting standards
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*IMPACT OF INFORMATION TECHNOLOGY IN BUSINESS COMMUNI*CATION We are in the midst of a third major revolution in human civilization. First there was the Agricultural Revolution‚ then the Industrial Revolution‚ and now we are in the Information Revolution. Information and communication technology and a world wide system of information exchange has been building growth for over a hundred years and physical technology and industry is not slowing down in growth - rather it is accelerating. Information
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Impact of Technology and Workforce Diversity on the Corporate Sector | Keerthi Purushothaman III B.A. Corporate Economics 10CEM28 | Introduction With the onset of globalization‚ the corporate sector has transformed in many ways. It has adopted new work policies and adapted to new technologies. The impact of technology and workforce diversity on corporates is an area of growing importance. In a multicultural nation such as India‚ workforce diversity has a huge impact on business. With
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Corporate Governance and Accounting Conservatism in China* Donglin Xiaa and Song Zhub‚** b School of Economics and Management‚ Tsinghua University‚ China School of Economics and Business Administration‚ Beijing Normal University‚ China a Abstract A principal-agent relationship exists among creditors‚ shareholders and management‚ and information asymmetry among them leads to asymmetric loss functions‚ which induces conservative accounting. This paper investigates the determinants of accounting
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Global Economy and its impact on Information Technology The global economy gave business the ability to market products and services all over the globe. It has also allowed them to develop partnerships and alliances throughout the world‚ which has become essential for success in today’s business.” This increase in globalization has created many new opportunities‚ such as niche markets‚ and requires everyone to keep up with globalization in order to stay competitive. The trend of becoming transnational
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Literature Review of XBRL Group 14： Literature Review of XBRL Z Abstract XBRL (eXtensible Business Reporting Language) is a standard XML reporting language to enhance the efficiency‚ reliability and accuracy of financial reporting. Since its foundation in 1998‚ XBRL has been developing rapidly in the world. This paper teases out and discusses the literature researches of XBRL from 6 aspects: the production bases of XBRL‚ the effect of XBRL‚ the classification criteria
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stake and how we choose or priorities between them. An ethical approach to a problem will enquire about end-results and the route or means we use to achieve these objectives together with the relationship between the two (‘end versus means’). Corporate Governance can be defined as a proper structure of rules and practices‚ a reference point to return to where decision making is influenced which invariably helps a company run smoothly reducing confusion‚ ambiguity and ultimately risk. Shareholders own
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the information related to a study of the relationship between corporate governance and financial institution’s performance in Malaysia. 1.1 Background of Study When Asian Financial Crisis happened in 1997‚ the term of corporate governance is introduced‚ public start to concerns on the weaknesses of Malaysia corporate governance practice (Azira Hanani & Siti‚ 2007). ‘Corporate Governance’ is the system of rules‚ practices and processes which directed and controlled by a company. Corporate governance
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Title：DEVELOPMENT OF THE UK CODE OF CORPORATE GOVERNANCE Module title: Corporate Governance LEVEL: 6 Module code: 6BUS1005 Student name: Qiao Wang Student number: World account: 2348 Contents Introduction 3 Part I 3 The Combined Code 2003 3 Cases 5 1.Cadbury Code Report–(1992) Maxwell &Polly Peck 5 2.Cadbury Code Report (1992)-BCCI 6 3.Greenbury Report (1995)-British Gas 7 4.Hample report (1998) 7
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Literature Review of Electric Vehicle Technology Yuling CAO S3445024 ABSTRACT In this paper‚ structure of electric vehicles is initially reviewed. Then electric vehicles propulsion system which consists of energy storage system‚ power electronic system and electric motor is reviewed in detail. Besides‚ performance of electric vehicles and advantages and disadvantages of this technology are also discussed. Key words: propulsion system‚ battery‚ converter/inverter‚ motor‚ battery. INTRODUCTION
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