revenue. Revenue is recognized when it is certain that economic benefits would arise and if these benefits are measurable. Previous IAS 18 was approved In 1982 and the new IAS 18 supersedes it. IAS 18 does not deals with: 1) revenue arising from construction related activities. 2) Dividends arising though equity method 3) Insurance contracts 4) Changes in the fair value of assets and liabilities 5) Changes in current assets 6) Changes in biological assets 7) Initial recognition of biological
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Self-recommendation Ko Chun Fung 6B(27) I am convinced to say that my secondary school life is not in vain because I have acquired both academic knowledge from lessons and practical experience from various extracurricular activities. Being a leader in the Scout‚ I realized that organization‚ time management and communication are of paramount importance in leadership. Being a senior patrol leader‚ I engaged in planning meetings for the scout members. In addition to briefing and communicating
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Three Sample Recommendation Letters: Outstanding‚ Proficient‚ and Unsuccessful Student Teachers 1. Sample Recommendation for an Outstanding Student Teacher Ms. ____________________________very successfully completed her practicum experience at the ______________________________ High School in Anytown‚ USA. She spent 16 weeks observing‚ assisting‚ and teaching in my English class. Our school is noted for a diverse student population and two of our classes are heterogeneously grouped‚ which offers
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In the corporate annual report‚ a statement reporting the independent auditor’s opinion was included. This opinion shows that the auditor has reviewed the internal controls over financial reporting and it also audits the consolidated financial position of Monsanto. The auditors express the fact that they are independent from Monsanto which means that the report is not coming from someone within the Monsanto Company. This is also important because it means that the report will not be biased and
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Running head: “TYPES OF ALTERNATIVE STRATEGIES” Types of Alternative Strategies In APA Style Chikita Martin Herzing University Strategic Management Alternative Strategies There are 11 alternative strategies; forward integration which means gaining ownership or increased control over distributors and retailers‚ backward integration which is seeking ownership or increased control of a firm’s suppliers‚ horizontal integration which is seeking ownership or increased control over competitors
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of Business Studies Department of Finance Course Title: Financial Accounting and Reporting Course Code: F – 504 Submitted By: Sifat Monjur Shamrat Roll: 24040 Submitted To: Samia Sultana Tani Assistant Professor Department of Finance Faculty of Business Studies University of Dhaka Date of Submission: Sunday‚ August 18‚ 2013 August 18‚ 2013 To Samia Sultana Tani Assistant Professor Department of Finance Faculty of Business Studies
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LETTER OF RECOMMENDATION It gives me great pleasure to introduce MS.****whom I know for the past few years as student at “MEENAKSHI SUNDARARAJAN ENGINEERING COLLEGE”. In this long association I had ample opportunity to assess his professional and personal abilities and I must say she has shown excellent interest in all his scholastic pursuits. she is a person with very good grasping and analyzing capabilities. During this period‚ I was her professor for “SURVEYING-I”‚ “SOIL MECHANICS” ‚ “DESIGN
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information. Outline the different sources of regulation of financial statements in Ireland. When accountants are preparing a set of financial statements accountants must comply with the relevant accounting rules. The regulatory framework provides a set of rules and regulations to ensure fair play.’ The principal aim of the regulatory frame work is to ensure that the financial statements present a true and fair view of the financial performance and position of the organization’. The three sources
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which taught top students the most rigorous and advanced courses. He ranked the top 20 out of 1650 during final examinations and kept 4.0 GPA. Now that he is determined to apply to American university‚ I will be more than willing to write the recommendation letter in support of him. As a top student that had much insight in learning new theories or problems‚ he could always put forward certain good questions when I was giving lectures. Though the answer to these questions are often exactly the
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study General Mills Inc. - Understanding Financial Statements focuses on the most basic idea of finance analysis. This case is a brief look into the language that is used in the finance world and a start to interaction with auditors. In this case‚ KPMG LLP‚ the public accounting firm that was auditing their statements‚ had sent two opinion letters. The first letter was ensuring that both parties were aware that General Mills had internal control over financial reporting. The second opinion letter stated
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