Under IFRSs IAS 37‚ a provision is recognized for a legal or constructive obligation arising from a past event‚ if there is a probable (more likely than not) outflow of resources and the amount can be estimated reliably (IAS 37.14). In contrast‚ according to FASB ASC 450-20-25-2‚ a contingency (provision) is recognized if it is probable (likely) that a liability has been incurred and the amount is reasonably estimated. Scenario 1 (1) Under IFRSs: According to IAS 37.22‚ the contamination of the
Premium Balance sheet Generally Accepted Accounting Principles Asset
Managing Human Resources Welfare Provision and Flexible Working Practices Michelle Kirkham 16/11/2012 Introduction This report will investigate the implications of introducing flexible working and welfare at Paragon. It will support this investigation by identifying welfare provision within Marks and Spencer and Google and compare how effective the initiatives are within their organisations. It also highlights to Keith Teaming‚ the need for welfare provision and flexible working within Paragon
Premium Employment Employment compensation Parental leave
Understand the range of service provision and Roles within health and social care (Adults and children and young people) Early years and child care. 1.1 - identify the range of service provision for health and social care (adults and children and young people) early years and childcare in own local area. Doctors Surgeries‚ offer a wide range of services to the public. Blood tests‚ medication for minor injuries‚ different types of vaccinations for example‚ flu vaccinations. They can also
Premium Geriatrics
Topic: General Provisions Objectives: At the end of my report of my classmates should be able to: 1. Define a knowledgeableunderstanding about the object of General Provisions. 2.Enumerate the different General Provisions and explain the object as weel as the significance. 3. Associate all these to be acquired learnings on General Provisions. Definition of Terms: 1. Civillian - a person that is not in the armed service or the police force. 2. General Provisions - laws or regulations
Free Philippines Senate of the Philippines
I am going to discuss the state support: state provision for children‚ the historical development of the ECCE in Ireland‚ the current ECCE provision by the state‚ health and welfare‚ equal opportunity legislation and quality ECCE environment in 1200-1400 words. Childcare has changed over the years in so many ways. In the past women stayed at home to mind the children‚ there was no childcare facilities if children needed to be cared for neighbours or family members cared for the children. Also in
Premium Discrimination Childhood
training and retraining are challenges that need be managed in view of the high staff turnover within RWB. Being one of the biggest Genting’s subsidiary and entertainment and leisure arms for the group‚ it is prolific to analyse and discuss major area(s) that is geared to possible suggestions and rationale recommendations. The statistics for the period from 2003 to 2005 revealed that at RWB‚ overall staff turnover for non-executives appears to be consistently on the high trend. The staff turnover for
Premium Genting Group
UK COLLEGE OF BUSINESS & COMPUTING Travel & Tourism Management Learner`s Declaration I certify that the work submitted for this unit is my own Student name: Ciprian Barbulescu Signed and submitted by: Student ID: HNDTTM5238 Lecturer: Mr. Nikola Naumov Verifier: Sunita Kotta Module unit: Contemporary issues in T & T UK College of Business and Computing – batch 1
Premium Tourism
Human Resource (HR) Provision function: is a consecutive process of human resources planning‚ job analysis‚ recruitment‚ selection‚ placement and incorporation. HR Planning The ongoing process of systematic planning is to achieve optimum use of an organization’s most valuable asset - its human resources. The objective of HR planning is to ensure the best fit between employees and jobs‚ while avoiding manpower shortages or surpluses. Sands Corporation would have to look at the three key elements
Premium Human resource management Labour economics Job interview
ASSIGNMENT Introduction Hospitality provision is one of important services in travel and tourism. The hotel is a basis for short accommodation needs of travellers. Depending on the content and using that object classification stay in hotel‚ tourism‚ resort‚ etc. According to the level of amenities available‚ they are classified according to the number of stars from 1 to 5 stars. In recent year‚ the economics and society are developing. People are getting busier with their work and their life. They
Premium Hotel Tourism Destination hotel
Department of Human Resources Employee Retraining Project (HRRP) Background Department of human resources is a basic part of a company. The employees of human resources department are mainly responsible for hiring and training new members of every department‚ therefore they have to equip themselves first and make sure they are qualified to provide high standard training program for other people. Recently‚ managers and staff have expressed some concerns about the existing training courses. The
Premium Project management