Microsoft’s Financial Reporting Strategy Q1. What are the factors that likely explain the equity and its reported book value of equity? Question 1 2 3 4 5 6 1999 Market Capitalisation: USD 460 Billion Book Value: USD 28 Billion MVE more than 16 times of BVE! Factor 1 Question 1 2 3 4 5 6 Intangible Assets • BVE does not reflect certain intangible assets’ value such as brand‚ customer loyalty‚ and human capital – Likely to provide tremendous earnings growth
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INTERNATIONAL FINANCIAL REPORTING STANDARDS(IFRS) are designed as a common global language for business affairs so that company accounts are understandable and comparable across international boundaries. They are a consequence of growing international shareholding and trade and are particularly important for companies that have dealings in several countries. They are progressively replacing the many different national accounting standards. The rules to be followed by accountants to maintain books
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Canadian Edition CHAPTER 1 THE CANADIAN FINANCIAL REPORTING ENVIRONMENT ASSIGNMENT CLASSIFICATION TABLE Topic Brief Exercises Writing Assignments 1. Financial statements and financial reporting. 2. Capital allocation. 1 4 3. Stakeholders. 2 4 4. Objectives of financial reporting. 3 5. Management bias in financial reporting. 1 6. Importance of user needs in financial reporting. 1‚ 2‚ 7 7. Need for accounting standards.
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Every reality is a fiction Our world consists of many realties. Two being commercial‚ and the other‚ artistic. A commercial reality is one of indulgence‚ and pleasure‚ always aiming to suit those who yearn for it. Artistic reality however‚ is open to interpretation. This means there are many possible outcomes. One could be saddened or depressed by the reality‚ and others‚ joyful. It is because of this uncertainty in artistic realities that the film industry‚ as well as many other industries‚ have
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Context Study – Reality and Perception Our reality is not just what we see in front of us. It is shaped by our past experiences‚ our beliefs‚ our society‚ and the people we encounter. What is reality? Reality is the state of things as they actually exist‚ as opposed to an idealistic or notional idea of them. No one can see the true reality; we all perceive it differently because of our past experiences‚ beliefs‚ people we encounter and how society shows it to us. Our past experiences and beliefs
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Abuse Reporting Paper In 1962 the Department of Health‚ Education‚ and Welfare’s Children’s Bureau‚ now known as Health and Human Services‚ began to develop measures to protect children from abuse‚ neglect and mistreatment by establishing the procedure and framework for reporting abuse and developing the laws and regulations governing the prevention‚ education and protective actions enforced in the arena of child abuse. By 1967‚ state laws were established requiring professionals and public agencies
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Crime as a complex and contested concept Introduction Crime is a complex and contested concept which will be examined through different definitions to discuss the strengths and weaknesses of collected information about crime and how it affects the way society receives information on crime. This essay will discuss crime to determine why it is contested and received in such a broad category and how interpretations and misrepresentations of crime can make and change society’s views on crime. Crime
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4. Assurance on CSR/Sustainability reporting a) In recent years there have been a growing number of organisations voluntarily reporting on their non-financial performance. KPMG’s International Survey of Corporate Responsibility (2011: 6) found that: ‘95% of the 250 largest companies in the world (G250 companies) now report on their corporate responsibility (CR) activities‚ 66% of non-reporters are based in the US.’ There has been a growing trend in companies (especially in Europe) wanting to
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Fiona Lai Ian Ross Eng 1C- 119 July 21‚ 2011 Super Hero in Reality In this novel‚ The Amazing Adventures of Kavalier and Clay‚ written by Michael Chabon‚ is trying to illustrate Joe Kavalier as a manifestation of a superhero in the form of a mortal. Joe Kavalier is one of the comic book artists who escaped from Nazi Germany when he was fourteen. Throughout the novel‚ Joe unknowingly personifies a masked superhero. His experiences emulate those of a super hero and he attempts to save the lives
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Television is one of the most popular forms of media. But popularity does not necessarily mean positive. When watching TV‚ some tend to think of characters on television shows as role models and try to conform themselves to resemble that person so that they can be “noticed”. Some of the actions people perform could be positive‚ maybe comedy for example. But‚ at the same time‚ they could be taking attention away from what is really important at the time. Media on television influences some people to act
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