PRIVATE SECTOR VS PUBLIC SECTOR ACCOUNTING STANDARD 1. INTRODUCTION The global financial crisis has demonstrated that the public sector as well as the private sector needs the highest quality accounting standards. Around the world‚ accounting in the public sector is practiced in diverse ways and struggles to achieve comparable standard in accountability and transparency. The Securities Act of 1933 gave the commission the authority to prescribe accounting standards to be followed by the companies
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(T01) XXX BUS 488 Strategy - T01 Question 1 AirAsia‚ which is one of the earliest low cost carriers (LCC) in Asia‚ has become a LCC since 2001. So far‚ it has expanded its network from Malaysia to Thailand to Singapore‚ Macau and even the Mainland China in 2006. In short‚ AirAsia “jumped out” from an intra-Malaysia and Thailand market to a “real AirAsia” in the continent. Thus‚ what are the possible core competencies to ensure that there is quantum leap to success? The internal analysis on the
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Guidelines for Measuring Trust in Organizations By Katie Delahaye Paine President‚ KDPaine & Partners Published by The Institute for Public Relations Guidelines for Measuring Trust in Organizations‚ By Katie Delahaye Paine Copyright © 2003 The Institute for Public Relations www.instituteforpr.com Guidelines for Measuring Trust in Organizations By Katie Delahaye Paine January 2003: A coalition of organizations representing 50‚000 professional communicators gathered in New Jersey
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is the decision for the firm to pay out earnings verses retaining and reinvesting them. Dividend decision has remained one of the tough challenges for financial economists. We are yet to understand completely the factors that influence dividend decision and the manner in which these factors interact. From the practitioner’s viewpoint dividend policy of a firm has an implication for investors‚ managers‚ lenders and other stakeholders. For investors‚ dividends whether declared today or accumulated
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Deviance is not usually a crime‚ but may be seen as one. Deviance is when someone breaks the norms and values of a society‚ but the act is not illegal. Crime is where a person beaks the law of land‚ they either do something they shouldn’t‚ or they don’t do something they should. Crime and deviance can be measured with the use of Official Crime Statistic (OCS). OCS is the crimes which are reported by the victim‚ and then further recorded by the Police. Not all crimes are recorded by the Police‚ which
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BUS272 The Changing Economies of Asia Unit Information and Learning Guide Semester 1‚ 2014 This information should be read in conjunction with the online learning materials which can be found on your MyUnits page. Unit coordinator Name: Professor Malcolm Tull School: Management and Governance Phone: +61 8 9360 2397 Email: M.Tull@murdoch.edu.au © Published by Murdoch University‚ Perth‚ Western Australia‚ November 2014. This publication
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India’s Education Sector: Moving Toward a Digital Future The typical Indian classroom was once characterized by students sitting through hour-long teacher monologues. Now‚ technology is making life easier for both students and educators. Schools are increasingly adopting digital teaching solutions to engage with a generation of pupils well-versed with the likes of PlayStations and iPads‚ and trying to make the classroom environment more inclusive and participatory. Take Smartclass from Educomp
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A common complaint many students have regarding GPA is that it doesn’t measure intelligence. I understand this on a basic level‚ yet I contend that it does measure work ethic and through that‚ intelligence. In the same way‚ I’m proud of my GPA not because of the connotation that I must be smart but because it describes my work ethic: who I am. Outside academia‚ most other numbers are irrelevant. An employer never asks for ACT scores on an application; no one outside the military cares for the ASVAB
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achieved by maximizing passenger number per flight • MAS‚ under Idris Jala cut several unpopular flight routes due to irregular number of passengers and increased number of flights in high demand routes to cut unnecessary expenses and costs • Air Asia benefits from the lowest flight cost‚ USD$0.02 ASK* (Southwest Airline [US LCC] – USD$0.04‚ MAS - $0.41‚ Cathay Pacific $0.59) b. Technological Change i. Technology is a key determinant however change is not very rapid ii. Releases of new aircraft
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Philippines - Economic sectors In the Philippines‚ the 3 largest economic sectors are industry‚ service‚ and agriculture‚ in terms of contribution to GDP. In past years‚ the service sector has exhibited continuous growth. Agriculture‚ although still substantial‚ continues to decline. Estimates from 1997 reveal that agriculture contributed 20 percent to GDP‚ industry contributed 32 percent‚ and services dominated the economy with 48 percent of GDP. In 1999 the rate of growth of the GDP stood at
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