Valeant’s Accounting Analysis Brief Summary Valeant Pharmaceuticals‚ headquartered in Quebec‚ Canada‚ is a multinational company. It sells generic pharmaceuticals and OTC products. After several significant acquisitions and mergers‚ Valeant became the most valuable company in Canada. However‚ Valeant was investigated due to manipulation of drug price. It is being investigated by SEC for possibility that it booked imaginary sales and account receivables. As a result‚ its stock price has drastically
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Nature of Accounting and the Accounting Standard Background Accounting is an important part for business and it is dubbed “language” of business activities conducted by firms. People think it is used to communicate business transactions per se to all stakeholders. However‚ some people argue that the functions of accounting are not that easy. Except the communication tool‚ accounting acts as many other difference roles in business. When doing accounting‚ different standard may be used. There are
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Accounting for Managers TOPIC A: AN INTRODUCTION TO ACCOUNTING Investors – Individual and groups provide initial capital. Creditors – Company which loans money to another company (Suppliers/Bank). Managers – Oversee the day-to-day operations. What is accounting? * Process of Recognising‚ measuring‚ recording (also known as transactions)‚ disclosing and attesting to information. *Information – Decision Making (Value Creation)‚ Control (Monitoring). Process of Accounting: Transactions
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About Transaction Processing System According Dan Matthews and Rick Veague that databases are the integration point where applications that are connected can communicate with each other. Now‚ Companies are investing for a new technology that eliminates or lessen errors and to gain advantage. This is the integration point that is necessary in building competence in management by investing in database technology to achieve lessen cost. ( Matthews D.& Veague R. (2007). Why Database-agnostic
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Report Analysis Telstra Corporation Ltd. Team Members: Chak Wai Ting 2084619 Christopher Nichol 7383479 Jono Gelbart 9697926 Shehani Lokeswara 2051060 INDEX Corporate Financial Report Analysis 1 Executive summary 3 Introduction 4 Business Background 4 Trend Analysis - Transition from 2011 5 Ratio Analysis 6 Executive summary The purpose of this report is to evaluate the financial performance of Telstra Corporation Limited from a trend analysis and ratio analysis composed
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Significant class of transactions/significant disclosure process name: | Credit origination - Transaction processing | | Significant class of transactions/ significant disclosure process owner: | Credit Policty at HODebt management division Client Division | | We obtain an understanding of the significant classes of transactions (SCOTs) and significant disclosure processes to identify and understand the risks of material misstatement at the assertion level (i.e.‚ what can go wrongs (WCGWs))
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for Weeks One and Two Chapter 4 Systems of Linear Equations; Matrices (Section 4-1 to 4-6) | Examples | Reference (Where is it in the text?) | | | | DEFINITION: Systems of Two Linear Equations in Two VariablesGiven the linear system ax + by = hcx + dy = kwhere a ‚ b ‚ c ‚ d ‚ h ‚ and k are real constants‚ a pair of numbers x = x0 and y = y0 [also written as an ordered pair (x0‚ y0)] is a solution of this system if each equation is satisfied by the pair. The set of all such ordered
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– 2012 Class – X Subject –Chemistry Chemical Equations and reactions Very Short Answer (1 marks each) Write the name and formula of compounds forms between a. Potassium and iodine ion .b.Sodium and sulphide ions . c. Aluminums and chloride ions 2. Why does milk sour when kept for a long time/ 3. What happen when hydrogen combine with oxygen in presence of electric current/ 4. Define electrolysis. 5. What is decomposition reaction? Give an example 6
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substance formed after a chemical reaction is called product. Chemical Equation: Representation of chemical reaction using symbols of substances is called chemical equation. Chemical Equation is a way to represent the chemical reaction in concise and informative way. Chemical equation can be divided into two types – Balanced Chemical Equation and Unbalanced Chemical Equation. Balanced Chemical Equation: A balanced chemical equation has number atoms of each element equal on both side. According to
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Systems of linear equations‚ or a set of equations with two or more variables‚ are an essential part of finding solutions with only limited information‚ which happens to be exactly what algebra is. As a required part of any algebra student’s life‚ it is best to understand how they work‚ not only so an acceptable grade is received‚ but also so one day the systems can be used to actually find desired information with ease. There are three main methods of defining a system of linear equations. One way is
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