relationships of a proprietor of a business with his customers. The present concept is broader in that it encompasses many more intangible economic factors of a business enterprise and accountants now consider that goodwill results from the evaluation of the earning power of a business by investors (Johnson‚ 43). From an accountant ’s perspective‚ goodwill appears in accounts of a company only when the company has purchased some intangible and valuable economic source. Intangibles such as patents
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CHAPTER 1 Overview of Current Account Balance * Introduction: The current account is the difference between exports of goods and services and imports of goods and services. If we denote the current account balance by CA‚ we can express this definition in symbol as CA = EX – IM The current account balance is one of two major measures of the nature of a country’s foreign trade (the other being the net capital outflow. A current account surplus increases a country’s net foreign assets by the
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Environmental performance‚ as defined by the impending ISO 14031‚ is the company’s achievement in managing any interaction between the company’s activities‚ products or services and the environment (ISO 1997). Improvement of environmental performance thus implies that the company has minimised the relative environmental impact of its activities‚ products or services. Based on the use of performance measurement in traditional management accounting‚ environmental performance measures are (Horngren
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www.hbrreprints.org BEST OF HBR Using the Balanced Scorecard as a Strategic Management System by Robert S. Kaplan and David P Norton . • Included with this full-text Harvard Business Review article: 1 Article Summary The Idea in Brief—the core idea The Idea in Practice—putting the idea to work 2 Using the Balanced Scorecard as a Strategic Management System 14 Further Reading A list of related materials‚ with annotations to guide further exploration of the article’s ideas and
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Work-life balance essay Work-life balance is an important and complex issue in today’s society. This essay will firstly outline the changing nature of the working environment in regards to the changing roles of women. It will then define work-life balance‚ specifically in relation to women in the workforce. Furthermore‚ it will assess what businesses are doing about work-life balance and argue that current policies and practices that are in place‚ such as flexible working hours‚ are not entirely
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Work Life Balance is where you can prioritize between your work/career and your lifestyle. Companies often benefit from work life balance because it benefits the business. As it had stated on a website there are three top reasons why companies choose work life balance: (1) recruitment/retention of employees‚ (2) commitment to the firm‚ and (3) productivity. (Work Life Balance‚ 2012) By reducing these factors in the workforce this will help the company in the long run. Some advantages based on the
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Introduction Anglo American Plc is a mining conglomerate and is one of the largest companies within the mining industry. It originally started in 1917 as a gold mining company going by the name of Anglo American Corp; the name was created when the initial starting capital of £1million was raised from U.K. and U.S. sources (Forbes 2006). In 1999‚ following a major strategic review‚ Anglo American merged with Luxembourg headquartered Minorco to form Anglo American Plc‚ with its primary stock exchange
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11/28/13 “For Environmental Balance‚ Pick Up a Rifle” Nickolas Kristof starts out his article by briefly quizzing the reader on general knowledge that he soon tries to challenge. Followed by his main argument led by an interesting title he chose when he decided to incorporate “picking up a rifle” with “environmental balance”. In doing this‚ the author makes it clear from the get-go that he stands firm with the belief that hunting is a logical solution to the issue of environmental balance. His solution
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A balance sheet is a statement businesses produce that outlines their assets and liabilities. It is a snapshot of their fixed assets‚ current assets‚ current liabilities and long term liabilities for a specific moment in time such as the end of a financial year. Using these figures‚ a business is able to calculate their net working capital; how much the business is worth‚ whether it can afford to expand and if it is a good venture for investors. There are different groups of people who are interested
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WORK LIFE BALANCE AT COLAS IN MAURITIUS WORK LIFE BALANCE AT COLAS IN MAURITIUS HP ID: 09 ID: 07 11/22/2012 HP ID: 09 ID: 07 11/22/2012 SEWSAGAR Nageshwar & AZAGEN R Report base on the course works with Mr Reessaul SEWSAGAR Nageshwar & AZAGEN R Report base on the course works with Mr Reessaul WORK-LIFE BALANCE Work-Life Balance: Engine of Engagement In a lean‚ 24-7 world‚ a work-life strategy is no longer a nice thing to have around but a necessity. The
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