1* Your age 16-21 21-26 26-31 31-36 36 1nd above 2* Your occupation 3* Your income 25k-50k 50k-1lac 1lac-1.5lac 1.5lac-2lac 2 lac and above 4* Which media gets your attention? print radio television word of mouth 5* how does an advertisement affect you? recall positive impression interest desire to purchase/explore 6* which form of ad creates a greater impact on you? just the printed words words with sound words with a visual a moving
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and Non-Profit Today we will explore the exciting world of the GASB and the FASB. Two of the most exciting boards in the accounting world today. We will compare and contrast each of the boards to get a more in-depth look into how each of the boards operate. We will go thru their mission statements in order to get a sense of how they operate and what are their overall goals. Let’s get started! The FASB mission statement states‚ “that it is to establish and improve standards of financial
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Although the IASB and FASB have been striving since 2002 to achieve convergence‚ there are still many differences between the two. These differences range from revenue recognition to the matter in which the organizations receive funding. Under the IASB‚ the accrual method is the only preferred way of recognizing revenue and expenses. While FASB accepts cash basis and accrual basis; cash basis is only accepted if cash sales are less than $5 million per year. When it comes to generating funds the IASB
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and US Financial Accounting Standards Board (FASB) have been joined and worked together on convergence project since 2002 for the purpose of combining US accounting standards and global standards into a single International financial reporting standards. This paper will discuss about the history and the relationship between International Accounting Standards Board and Financial Accounting Standards Board. It also evaluates the IASB equivalents of the FASB original pronouncements. Finally‚ this paper
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DDP/SP11-BBA-023/LHR Assignment # 1 Application case A case of Racial discrimination? Q1: Do you think MS Browne had basis for sexual harassment Suit? Why? MS Browne sanders defiantly had the basis for filing sexual harassment suit ‚ As she was fired for no apparent reason specially according to one of the reports that there was no confirmation of her performance being subpar and Gardens claim of her sub standard performance only raised when she plea her case before the
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Globalization‚ as the name suggests‚ is a global economic movement which involves all national and international economic players‚ including the all pervasive bureaucracy. It is a multi-role‚ multi-layered phenomenon in which everyone contributes his bit. The growing progress of science and faster means of communication have converted the world into a global village wherein people from all strata of society have converged to share the economic benefits which are a resultant of increase in production
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Case 1-10 A). The Sarbanes Oxley Act (SOX) refers to " the Commission" in several sections. To what Commission is SOX referring? SOX is referring to the Securities and Exchange Commission (SEC). This Commission is has the " authority to determine GAAP ( Generally Accepted Accounting Principles)‚ and to regulate the accounting profession ( Gibson‚ 2013‚ p. 2)." Because the SEC has the authority over GAAP it also has authority over what is implicated in SOX. B). Describe the responsibility of the
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FASB Accounting Standards Codification (ASC) Section 958-605-25 requires that not-for-profits wait to recognize a contribution until they are satisfied that the likelihood is remote that the conditions that accompany the contribution will not be met (Tysiac‚ 2017). According to FASB ASC 958-605-8‚ pursuant to paragraph 958-605-25-2‚ an unconditional promise to give shall be recognized when it is received. There must be satisfactory confirmation that a promise was made and received in the form
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Draft and related Invitation to Comment. No decisions were made. At a previous meeting‚ the Board decided to issue the FASB’s final Statement on Fair Value Measurements as an IASB Exposure Draft with an Invitation to Comment. The appendices in the FASB document dealing with consequential amendments and references to US GAAP pronouncements will be replaced with proposed consequential amendments and references to IFRSs. The Board further decided that there should be limited changes to the FASB’s document
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up with a sole parent have been regarded as different. The upbringing of a child by one parent alone seems impossible to many yet over the years it has become more predominant. This argument has always been an interesting discussion point in my life. This argument focuses on whether it is beneficial for a child in a single parent household or a dual parent household. In today’s society‚ many children have grown up to become emotionally stable whether or not they were brought up by a sole or two parents
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