THE ROLE OF AN ACCOUNTANT IN THE IMPLEMENTATION OF IFRS It is often said that an organization without an accountant is not a serious organization as it has no credibility. This is because the accountant is seen as the financial “gatekeeper” whose presence within an establishment underlines a commitment to sound financial principles and good business values. It is known that almost all aspect of human activities have undergone changes globally as a result of improvements in hi-tech Information and
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IFRS 13 Fair Value Measurement applies to IFRSs that require or permit fair value measurements or disclosures and provides a single IFRS framework for measuring fair value and requires disclosures about fair value measurement. The Standard defines fair value on the basis of an ’exit price’ notion and uses a ’fair value hierarchy’‚ which results in a market-based‚ rather than entity-specific‚ measurement. IFRS 13 was originally issued in May 2011 and applies to annual periods beginning on or after
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American Greetings Corporation IFRS Implementation Property‚ Plant‚ and Equipment is the largest asset account for American Greetings‚ with a 2011 net balance of $241‚649‚000. American Greetings carries its property‚ plant and equipment at cost. Depreciation and amortization of buildings‚ equipment and fixtures are computed principally by the straight-line method over the useful lives of the various assets. The cost of buildings is depreciated over 40 years; computer hardware and software over
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Is psychology of any relevance to business administrators or managers? If yes justify your answer and if no justify your answer. Yes‚ psychology is of relevance to business administrators or managers. Psychology was coined in the 16th century from 2 Greek words. Psukhe/psyche which means “breath” or “soul” and logos which means “word” or “reason” and its initial meaning was “study of the soul”. Later the definition changed to “science of mental life” when it became a science in 1879. Also
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Cash Flows and Their Relevance Cash flows refer to both the inflows and outflows of cash during a defined period by a company or corporation and are linked to the business as a whole or a specific capital project. Cash flows measure real economic wealth‚ take place at particular points in time and are generally free of accounting classification constraints. (Cash Flow‚ n.d.) Relevant cash flows have several descriptive factors. A relevant cash flow is one that will change in relation to
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Basic patofisiology Key concepts: 26-32 f Relevance to public health Q on enrionmental scan: 1. what are you expeciting form this sessionms amd the natural history of disease: Whay things do not go on order - changes of normal function caused by disease or other relevant issue (abnormal syndrome) 2. what is one thinkg you would like to learn about about this toipic and how we can prevent that 3. what is pathology 9or pathofiziology) - pathofiz ima quantifiable measures in scientific
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SPIRITUALITY – Its Relevance to Management Way back in 1960‚ when late M.F. Kennedy‚ President of United States of America‚ stated that by the end of the decade the man will set his foot on Moon‚ nobody believed him including the Scientists and the Astrologers. They thought it was incredulous and unattainable. Nevertheless‚ it became true because there was political will and outer space conquered. What we need today is to conquer inner space – the hearts and minds of people engaged in business
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Relevance of Rizal Today The liberty in our hands‚ the probability that our country can achieve economic and social prosperousness on its own‚ and the denomination our motherland had received which is all known in almost around the world. These are the products that a great man entrusted to us‚ the fruit an unforgettable man had cultivated for the present generation‚ and the path created by a hero for us to have our own history and to make our own legacy for the future Filipinos. These are the outcome
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The relevance of Shakespeare is‚ in my opinion‚ unquestionable‚ even in contemporary times. Not only is his contribution to the English language immense in its proportions‚ but also enduring. Even today‚ William Shakespeare is a household name the world over. He is quite literally‚ the figure-head of English literature‚ even to the average layman. Innumerable versions of his immortal works are seen again and again in our films‚ plays and even our writing. His simple yet deep concepts have stood the
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the squads performance. Reliable information is information that is trusted and you know that it is going to be factually correct and accurate. So the information you’ve been given will come from an accurate and trustworthy source. To check the reliability of the information would be to check the source of the information for example if it originates from a government website it is more reliable than pages like
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