IAS 36 Impairment of Assets by Claudia Mezzabotta Dottore commercialista e revisore legale in Milan‚ Italy Member of IASCF SMEIG – London (UK) Member of EFRAG SME WG – Brussels (Belgium) November 5-6‚ 2012 “International Accounting” Course MIM Course UNITN Trento - Italy Objectives of IAS 36 • To ensure that assets do not exceed their recoverable amount • To define how recoverable amount is calculated • To indicate when impairment tests need to be conducted • To prescribe
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Chapter 36: Six Debates over Macroeconomic Policy 1. Should monetary and fiscal policymakers try to stabilize the economy? 2. Should the government fight recessions with spending hikes or tax cuts? 3. Should monetary policy be made by rule rather than by discretion? 4. Should the central bank aim for zero inflation? 5. Should the government balance its budget? 6. Should the tax laws be reformed to encourage saving? Debate #1 1. Should monetary and fiscal policymakers try to stabilize the economy
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Valid Contracts March 2015 M1: analyse the impact of the requirements for a valid contract in a given situation Required to answer 3 short essay style questions on a given scenario Relevant case law must be mentioned. Spelling & grammar essential. Breach of Contract in the case of a private sale ‘Bob and Jamal’ FOR SALE £21‚000 Breach of contract in the case of a private sale In the Westshire Times on 2 September there was an advertisement to sell
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Definition/ Explanation Product development Where a company bases a product to make a different product. For example Mars have made milkshakes based on the Mars bar. Brand extension Where a company uses their brand name on different products to increase the profit margin. For example Hugo Boss could put their logo/name on a watch and customers would still pay more money for their product. Diversification Is where they take a product into a new market. It is a slight risk as the company may not have
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because compared to the other shareholders such as manager‚ employee and all the customer wants is to buy products at a cheaper price than their rivals. Describe the different stakeholders who influence the purpose of two contrasting Businesses? M1 TESCO’S stakeholders are the customers that aim to their money in the business if they are proud with the product that they want to purchase‚ Tesco other stakeholders are there employees that work for Tesco plc‚ the managers that manage stores and
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UNDERSTAND THE APPLICATION OF PERSON-CENTERED APPROACHES IN HEALTH AND SOCIAL CARE Task 1: Person centred approaches in adult social care • Person Centred care means to build everything I am doing in the care home around those I am caring for. It involves people taking control and planning of their own support and care. Some key values in person centred care are: o Treating people as individuals o Supporting people to access their rights o Supporting people to exercise choice o Making sure people
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Executive Summary Overview Agrifarm Company is in the business of buying and selling grain. The company wants to increase profitability by ensuring that shipping costs are kept low. All is shipments come from 3 rail cars origins. In addition‚ all shipments must be routed through either of two grain processing centers before sending them to the final customer. The object is to minimize the total shipping cost‚ therefore selecting the proper shipping route for each carload. Problem There is a
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computer system. Furthermore‚ I will explain how they relate to digital graphics.I will also recommend suitable components for Cambridge Industrial Design. (P1) I will then compare the limitations of different software packages used in graphics work. (M1) Digital graphics are in their own way an art form‚ digitally constructed to create phenomenal images. However‚ you need to have some sort of artistic ability combined with a suitable computer system before you can design the perfect graphic. Graphics
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Experiment M1 was designed to familiarize us with how to take measurements with motion sensors‚ inferring graph such as time vs velocity and time vs position‚ and differentiating random and systematic error in an experiment. During activity 1 we begun by standing in front of motion sensor at a distance of 1.2 meters and varied our distance by 0.6 meters over the course of 25 seconds. This activity presented us with a position vs time graph that we were supposed to replicate to our best ability
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Unit: Unit 1 Developing effective communication in health and social care. Task: 1 In this essay I will be explaining how I use good communication and interpersonal interactions with the residents I will meet on my work experience at a residential home for older people. I will be explaining the skills and strategies I will use to make communication making sure it is effective. My essay will talk about different types of communication for example one to one‚ with different types of people‚ including
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