CHAPTER 5 REVENUES AND MONETARY ASSETS Chapter 5 is about Revenue Recognition and Monetary Assets. There are different criteria used in recognizing revenue depending on the standards the company is using. In general‚ revenues should be recognized when an entity has significantly performed what is required in the agreement‚ full ownership of goods is transferred‚ and services are rendered. The Securities and Exchange Commission (SEC) have identified fraudulent cases where the companies
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The face recognition model developed by Bruce and Young has eight key parts and it suggests how we process familiar and unfamiliar faces‚ including facial expressions. The diagram below shows how these parts are interconnected. Structural encoding is where facial features and expressions are encoded. This information is translated at the same time‚ down two different pathways‚ to various units. One being expression analysis‚ where the emotional state of the person is shown by facial features. By
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reached about what perspective theories should be used to explain the Social and Environmental Accounting‚ and moreover critique voices are from the works of Marx or by the deep-green or feminist literatures (Deegan‚ 2002)‚ to some extent‚ systems-oriented theory and Positive Accounting Theory can list some hints. This essay will seek to explain the reasons why firms voluntary disclosure information by referring to Legitimacy theory‚ Stakeholder theory‚ institutional theory‚ and lastly Political Costs
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Business Horizons (2009) 52‚ 357—365 www.elsevier.com/locate/bushor Social media: The new hybrid element of the promotion mix W. Glynn Mangold a‚*‚ David J. Faulds b a b College of Business & Public Affairs‚ Murray State University‚ Murray‚ KY 42071‚ U.S.A. College of Business Administration‚ University of Louisville‚ Louisville‚ KY 40292‚ U.S.A. KEYWORDS Integrated marketing communications; Social media; Consumer-generated media; Promotion mix Abstract The emergence of Internet-based
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Learning Log Week -2 Lecture: In this lecture I had the understanding‚ why accounting bodies are so heavily regulated by the government. After the corporate collapse‚ accounting body lost the trust of public. Our work was not transparent and therefore‚ was no longer reliable. Regulator body such as ASIC‚ AASB‚ FRC and ASX are formed after the corporate collapse. ASIC is the corporate ‘watch dog’ who monitors FRC‚ AASB and office of AASB. Why we need regulation? Because it is human nature to
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state that the aims of disclosed discontinued operations and non-current asset disposal is to helped group of users of the financial statement to assess the financial effects. The definition of discontinued operation in IFRS may differ from other accounting standard‚ IFRS has defined discontinued operation is an asset or component of a company that either has been disposed or is regarded as held-for-sale‚ and also have any of the following conditions: 1) It represents a separate key business or an
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Faculty of Commerce Faculty of Commerce - Accounting & Finance Working Papers University of Wollongong Year Accounting Theory and Practice: the Ethical Dimension M. Gaffikin University of Wollongong‚ michael gaffikin@uow.edu.au This working paper was originally published as Gaffikin‚ M‚ Accounting theory and practice: the ethical dimension‚ Accounting Finance Working Paper 07/04‚ School of Accounting Finance‚ University of Wollongong‚ 2007. This paper is posted at Research Online. http://ro
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Increasing revenue! Marketing will be done with social media‚ radio slots‚ and a wrapped vehicle! Attending networking groups and other social networking events‚ this will build partnerships that may be mutually beneficial with other business owners. One Trade shows a month to sell product or give out samples to build customer base. Profit maximizing: By understanding what the marginal profit for each sale made‚ will help determine what the profit maximizing quantity is. In the case of Haught
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ECG is a powerful tool in the diagnosis of heart disease. It is exciting to unlock the codes behind the squiggles and spikes and actually decipher a patient’s heart patterns. However‚ I was having trouble identifying atrioventricular (AV) heart blocks. Therefore‚ I was extremely reassured by the first sentence of this article. Apparently‚ it is common to have difficulty decoding these rhythms‚ which gives me hope that with knowledge and practice‚ I will master them. Part of
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To the ever steadfast director and school principal‚ Mr. Bartolome L. Avila‚ to the highly competent and deeply motivated teachers and staff; other officials who are present on this occasion;to the proud and loving parents; to the very important people- the stars‚ in today’s ceremonies‚ the awardees‚ ladies and gentlemen‚ a pleasant morning. Like most of you today‚ my feelings are really overwhelming. I know‚ you guys are as excited about this event as I am so excited to speak before you today.
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