Introduction The parade of corporate accounting scandals of the last decade‚ with lion’s share occurring in 2002‚ has developed deep antipathy and distrust towards corporations and their reporting practices‚ and casted doubts on the opinions of audit firms. As majority of these accounting frauds occurred in the US (See Appendix)‚ there was a widely-held view that rules-based accounting standards have allowed failure of large corporations like Enron and World Com‚ since US GAAP is perceived to
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Economic Base Description The county has a successful agricultural and manufacturing base holding a top 10 ranking in the state for a number of agricultural categories. The Capital Region International Airport is also located in the southern tier of Clinton County. A Clinton County Economic Alliance has been formed to promote the region as a great place to live and do business. The Clinton County Economic Alliance is a partnership of government and private sector organizations in Clinton County
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FORECASTING Managers are always trying to reduce uncertainty and make better estimates of what will happen in the future; this is the main purpose of forecasting. Some firms use subjective methods‚ seat-of-the pants methods‚ intuition‚ and experience. There are also several quantitative techniques‚ moving averages‚ exponential smoothing‚ trend projections‚ and least squares regression analysis. Eight steps to forecasting: * Determine the use of the forecast—what objective are we trying to
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Anna Powell 2nd I.Title: Acid-Base Titrations AP Chemistry Laboratory #6 II.Purpose: The purpose of this experiment is to standardize a sodium hydroxide solution and use the standard solution to titrate an unknown solid acid. The equivalent mass of the solid acid will be determined from the volume of sodium hydroxide added at the equivalence point. The equilibrium constant‚ Ks‚ of the solid acid will be calculated from the titration curve obtained by plotting the pH of the solution versus
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RULE VS PRINCIPLE BASED CONVERGENCE VS ADOPTION IFRS Assignment1‚ Group Section 1 Characteristic Additional Comment Criteria Disadvantage Advantage • Provide specific dictates for reporting financial information • Unavoidable. (Accountants must follow these rules or face penalties for noncompliance. ) • Effective rules-based standards require active participation of the financial reporting community to evaluate the resulting quality. Real life practice issues should be
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BasesLewis acids and bases play an important role in chemical reactions because‚ except oxidation-reduction reactions‚ almost every reaction could be categorized as an acid-base reaction. Bases in water solutions show certain specific characteristics: bitter taste‚ feel slippery‚ and turn litmus paper blue. Acids in water solutions show these most common characteristics: sour taste‚ react with metals‚ and turn litmus paper red. The understanding of chemical reactions‚ such as acid and base interactions‚
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Two key factors that contribute to the ease of deprotonation are the polarity of the H—A bond and the size of atom A‚ which determines the strength of the H—A bond. Acid strengths are also often discussed in terms of the stability of the conjugate base. Sulfonic acids‚ which are organic oxyacids‚ are a class of strong acids. A common example is toluenesulfonic acid (tosylic acid). Unlike sulfuric acid itself‚ sulfonic acids can be solids. Superacids are acids stronger than 100% sulfuric acid. Examples
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Purpose: To find out if the Unknown substances are bases or acids. Materials: goggles aprons paper for data table graduated cylinder unknown I substance beakers/test tubes stirring rod litmus paper pH indicator paper pH color chart phenolphthalein scoopula eye-dropper digital pH meter magnesium ribbon calculator unknown II substance forceps sodium bicarbonate Procedures: Test the pH of the Unknown substances with litmus paper and pH indicator paper and match to color chart
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avoided if possible. Secure Base Parents are the secure base for their children; as a secure base the child is able to explore the world and is assured that
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CHEMICAL REACTIONS: ACID-BASE BUFFERS Short Overview Acids and bases represent two of the most common classes of compounds. Many studies have been done on these compounds‚ and their reactions are very important. Perhaps the most important reaction is the one in which an acid and base are combined‚ resulting in the formation of water (in aqueous solution) and a salt; this reaction is called neutralization. A buffer solution is a solution that contains both an acid and a salt
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