“FULLER” CAPITAL ACCOUNT CONVERTIBILITY A boon or a bane! Abstract This is the era of competitive economies and India is one of the pioneers. In the recent years‚ India has been consistently moving towards becoming a developed nation with its IT and technical advancement‚ intellectual capital‚ off shoring and outsourcing to boast of. Capital account convertibility is one of the main features of developed economy. India’s inclination towards CAC‚ when the Tarapore committee first suggested
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2011 June 1 Mr. Edgar Detoya opened a bank current account with Land Bank of the Philippines in the amount of P1‚000‚000 and invested merchandise inventory valued at P45‚000 to start with his business. GJ Cash in Bank 1‚000‚000 Merchandise Inventory 45‚000 E. Detoya‚ Capital 1‚045‚000 Initial Investment June 15 Purchased store furniture and fixtures for cash from Ayala de Cebu costing P150‚000 plus VAT of 12%. Issued Check No. 48501 covered by Check Voucher No. 001. CDJ Store Furniture
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promotion. To better understand accounting we need to know why adjusting entries are so important to a business. Adjusting journal entries are made at the end of each closing period to adjust the account balances. Most of the time‚ this is necessary in order to achieve a clean cut-off at the end of the accounting period‚ and to ensure the accounts are complete‚ and accurate. Current account balances may not represent correct balances‚ because some mistakes were identified in the posting of transactions
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the following data was taken from the production and accounting records for Casuccio Manufacturing‚ Inc. Unaudited 20X9 Audited 20X8 Audited 20X7 Operating Data Capacity in Units 450‚000 450‚000 450‚000 Production in Units 450‚000 400‚000 300‚000 Inventory in Units 32‚000 28‚000 21‚000 Financial Data ($000) Total Revenues 35‚200 27‚500 21‚200 Total Assets 23‚000 19‚500 15‚700 Accounts Receivable‚ Net 5‚900 4‚300 3‚900 Bad Debt Expense 175 135 105 Accounts Receivable Written Off 165 125
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what has gone before and pause to consider how our actions‚ thoughts and experiences within that situation will affect what we choose to do later. "Reflective Practice is a process of reviewing an experience from practice in order to describe‚ analyse and evaluate and so informs learning from practice" Reid (1993) Reflection is a useful tool of self assessment and evaluation as it often enables you to identify areas where you feel you are performing well and highlight areas that require improvement
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questions fascinating and thus‚ my interest to learn more about audiology grew. Whilst shadowing an audiologist‚ I witnessed initial consultation and the fitting and adjustment of hearing aids. What I found particularly interesting was following the use of an audiogram on one of the patients who‚ as
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Convertability on Capital Account The capital account‚ takes into account cross-border flow of funds that are associated with financial or other assets in the trading countries. For example‚ the direct and portfolio investments made by foreign investors‚ in India‚ are captured by the capital account balance of the BOP. The capital account also encompasses foreign investments of Indian companies‚ foreign aid and bank deposits of Non-resident Indians (NRI). Capital account convertibility implies
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wage revision of 01-01-1997. During the various meetings of the committee constituted for assisting in wage revision w.e.f. 01-01-2007‚ it was also pointed out that there is difference in the pay scale of other companies in the oil industries. ~etter from the President‚ National Union of ONGC Employees‚ Dehradun addressed to CMD‚ ONGC was also received during August‚ 2009 on the matter of resolving the ’97 wage revision issue. The management had informed the working group on wage revision the matter
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procedures‚ training within your organisation that promotes equality‚ diversity and inclusion. Propose improvements to address any gaps or shortfalls in systems and processes The systems we use at Ashcott house to promotes equality‚ diversity and inclusion are policies and procedures QA audits Management regulation 10 audits In house management audits‚ reviews‚ evaluations of support plans. Team meetings and supervisions Assessments‚ support plans and risk assessment. interviews Ideally all assessments
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during my two day placement. For my placement‚ I worked with individuals with specific needs in a PMLD unit (Profound and Multiple Learning Difficulties)-although I mainly came across service users with Cerebral Palsy. The service user’s ages ranged from eighteen to late twenties although I was informed by a carer at the unit that the services users’ mental capabilities ranged from 1-9 years old. I did some group work with mixed ability service users‚ however I also had many 1-1 sessions which were
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