"Us gaap vs ifrs revenue and expense recognition" Essays and Research Papers

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    ’There are various degrees of recognition in tragedy. In Othello‚ recognition is minimal: the protagonist learns what he has done and what he has lost‚ but learns little or nothing about himself.’’ How far do you agree? – This is a quote that I have adapted into my thesis‚ taken from ‘’A Book of literary terms’’. Anagnorisis‚ a Greek word meaning ‘’recognition’’‚ is described by Aristotle as ‘’a change from ignorance to knowledge’’. I agree with this statement as‚ in the play Othello‚ Othello’s

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    Revenue and Capital Expenditure Revenue and Capital expenditure are slightly different. Revenue expenditure is money that is spent on items that are only going to be used once‚ such as printer paper‚ stock‚ repairs‚ petrol etc. These items would go under expenses in the profit and loss account and would be included as part of revenue in balance sheet. Capital Expenditure is money spent by a business on items that are going to be used more than one time‚ for example machinery‚ buildings and

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    be taken to illustrate the higher standard of living in the US vs Canada. The average salary for a anaesthesiologist in the US is about one hundred and four thousand dollars higher than in Canada. Also‚ the average salary for a general surgeon in the US is about thirty one thousand dollars higher than in Canada (Physicians for National Health Program‚ For Medical Students‚ 2003). However Canada is consistently ranked higher than the US in terms of quality of life (Bloomberg Business Week‚ 2009).

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    smaller groups of selected individuals‚ and sharing only information that is pertinent. Messages in both cultures tend to be more verbal and direct rather than nonverbal and indirect. | The United States was created in debt. Immigrants flock to the US viewing it as the land of the free. The citizens are granted the liberties of free speech‚ press‚ assembly‚ among other freedoms‚ but the government has its ways of limiting and banning certain things. | Germany used a huge number of resources to establish

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    IFRS Conversion Challenges Meghan O’Donnell January 18‚ 2015 ACG5135 The adoption or convergence of United States Generally Accepted Accounting Principles (US GAAP) and International Financial Reporting Standards (IFRS) has been quite an arduous journey for all parties involved. Although the two possibilities are very different‚ one thing is certain; IFRS is coming to America. Accounting professionals have been resistant to an adoption‚ but most agree there must be a single

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    Revenue and sales maximization Revenue maximization Maximizing sales revenue is an alternative to profit maximization and occurs when the marginal revenue‚ MR‚ from selling an extra unit is zero. The notion that business firms (especially those operating in the real world) are primarily motivated by the desire to achieve the greatest possible level of sales‚ rather than profit maximization. On a day-to-day basis‚ most real world firms probably do try to maximize sales rather than profit. For firms

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    Pattern recognition is a useful tool for mathematics‚ mathematical visualization‚ and art. After a brief description of Bongard’s methodology in the field of pattern recognition‚ the author introduces the concept of colour modularity and evaluates how it affects pattern recognition classification. Combining Bongard’s methodology and colour modularity‚ the author attains a richer‚ more persuasive dynamic in pattern description and recognition of five- and ten-pointed star polygons.". Keywords: pattern

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    N170 Object Recognition

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    example‚ patients CK who lost ability to recognize objects after a car accident performed perfectly on the tasks of face recognition. () Meanwhile‚ many cases of patients who suffered prosopagnosia‚ their ability of object identification remains intact. It suggests there is a double dissociation between face and object recognition. Although it helps us to know face and object recognition may not activate the same region of the brain areas‚ we do not know yet which areas are responsible to them respectively

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    Revenue has become the lifeblood of the government from the moment the Philippines had been given the freedom to establish its own system of governance and formulate laws which formally states the people’s rights‚ duties and obligations. However‚ for the country to continuously sustain the needs of its citizens it has to generate revenues from the different sources available. How will the national government implement the maximization of revenues from local communities

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    Chapter 10 Auditing the Revenue Process SEC SAB101: Revenue recognition 1. 有persuasive evidence 有证据 2. Delivery occurred‚ service rendered,东西给了服务于需求 3. Price is fixed/determinable 价格固定 4. 有collectability钱收的回来 Fraud Risk in Revenue cycle: 欺诈风险 1. Side agreement: off-book‚ adjust record to entice customer 2. Channel stuffing: 填塞分销渠道,造成销售假象 inflate sales by forcing product through a distribution channel 3. Related party transaction: 实质重于形式原则substance over form是指企业应当按照交易或事项的经济实质进行会计核算,而不应当仅仅按照它们的法律形式作为会计核算的依据

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