ACCT2542 Corporate Financial Reporting & Analysis Semester 2 – 2009 Version 1.0.3 Contents Page 3 Accounting for Income Tax Page 7 Consolidation Accounting – Principles Page 10 Consolidation Accounting – Wholly Owned Subsidiaries Page 15 Consolidation Accounting – Intragroup Transactions Page 19 Consolidation Accounting – Minority Interests Page 24 Consolidation Accounting – Indirect Ownership Page 26 Accounting for Asso Associates – The Equity Method
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Public Revenue Reporting and Monitoring The main sources of public revenue are: Taxes and levies such as for e.g. income tax‚ property tax‚ sales tax‚ license fees‚ import and export duties‚ levies charged for services etc Earnings from natural resources like oil‚ gas‚ minerals etc Loans from other governments‚ the private sector‚ or international financial institutions like the International Monetary Fund‚ World Bank and regional development banks that must eventually be repaid with
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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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Emergence of Cyber Crime .......................................................................................... 6 Disputes in the Cyber World ....................................................................................... 6 Cyber Crime v/s Conventional Crime .......................................................................... 6 Complexity of Cyber Disputes ..................................................................................... 7 Types of Cyber Crime ..............
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CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Indeed‚ accountancy profession is a profession that encompasses other profession and that is why accounting has usually been thought of as highly technical field that can only be understood by the professionals (chartered accountants). Also‚ it has often been called ‘the language of business. Even‚ people in the business world owners‚ managers‚ banks‚ stockbrokers‚ investors‚ human resource managers‚ lawyers‚ to mention a few all uses
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Choosing to be a math major was not that big of a decision for me. When we reached into the challenging math‚ and all my classmates grades were dropping‚ I still maintained the A’s‚ it was then I noticed I would be doing something with math. I have career goals and ideas on how my major will help me achieve them. In addition I have people and actions what have help be make my decision. Lastly I have many experiences in mathematics that brought me where I am today. Career goals are extraordinarily
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Corporate Reporting Paper P2 (International) Course Notes ACP2CN07 (INT) P2 Corporate Reporting (International) Study Programme 1 2 3 4 5 6 Page Introduction to the paper and the course............................................................................................................... (ii) The financial reporting framework .............................................................................................................. 1.1 Professional and ethical duty of the accountant
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Financial Reporting (Problem Part 2) Mark R. Mitchell XACC/290 August 31‚ 2014 Jeanette Butler Financial Reporting (Problem Part 2) While doing my analysis of the financial statement for the company Veritiv‚ I find that the company assets are listed in the proper order; that being the most readily converted to cash first. The order for Veritiv balance sheet is cash and equivalents‚ followed by receivables‚ then inventories‚ and other current assets. The next item listed is other current
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Changing My Major Annie Farber Friends University Writing 2 Changing My Major Enrolling at Friends University Freshman year I had the mind set of what I wanted to major in. Majoring in the Ballet Program was the path I was so positive that would lead me to my future job after college. But after getting settled into college and moving out of state my mind set on the path I had chosen changed. In April of 2011 my senior year of high school I had visited Friends University during my Spring
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Financial Reporting Problem Part 1 Mark R. Mitchell XACC/290 August 10‚ 2014 Jeanette Butler Financial Reporting Problem Part 1 In the light of this week’s assignment of analyzing an annual report for a publicly traded company I decided to use the company now work for which is the spinoff company from the merger of international papers Xpedx division and Unisource; the new company name is Veritiv. Veritiv’s total assets for this accounting period are $1‚215 million dollars (Morningstar
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