Financial Statements for Internal Reporting Purposes vs. Financial Statements for External Reporting Purposes It is common in most companies to maintain two set of financial statements; one being used/presented for internal reporting purposes and another for reporting externally. Internal reports are used primarily to aid management in the decision making process throughout the course of the business. These are subject to internal audit to make sure that all information reported are fair and correct
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Organizational structures There are many different opinions and definitions on organizational structure. Structure in one sense is the arrangement of duties used for the work to be done. This is best represented by the organization. What determines organizational structure? Classics in the field of organization theory represent many different schools. Some believe that certain factor‚ such as size‚ environment‚ or technology‚ determine organizational structure. They argue that these factors
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Crime reporting and victimization go hand in hand. Without victims there would be less reports of crime‚ and without crime reporting there would not be a valid way of gaging crime rates and number of possible victims. However‚ not every victim reports the crime‚ making the reporting of all crimes nearly impossible. Crime Reporting A crime report is a way of knowing the amount of crime committed in a city‚ town‚ state and a way of knowing by which race‚ age‚ and gender. The crime report can come different
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81. Mark University ’s Events Department A Multiple Perspectives Analysis 1 Table of Contents I. II. Introduction and Topic of Analysis MechanisticlBureaucratic Perspective a. Formal Organization Chart b. Organization Design Analysis c. Task Design Analysis III. Human Relations Movement Perspective a. Informal Networks Charts b. Motivations Chart c. Theory X1Y Analysis IV. Political Perspective a. Key Stakeholders b. Interests Charts c. Conflicts and Power Chart d. Political Rule
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CORPORATE FINANCIAL REPORTING Assignment #1 On * Sukuk (in context to Pakistan) * Listing requirements by KSE * IFSB * History of Accounting Standards and Adoption of IFRS * Deloitte Pakistan/Global Deloitte (1) Sukuk (in context to Pakistan) Sukuk is the Arabic name for financial certificates‚ but commonly refers to the Islamic equivalent of bonds. Since fixed income‚ interest bearing bonds are not permissible in Islam‚ Sukuk securities are structured to comply
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Summary This article is giving experience suggestion that certain definite strategies can be used by businessman to protect their firms’ market. Corporation today compete on an international basis‚ so must have an appropriate international business strategy which can give comparative advantage. Yet the managers rarely have a systematic approach to their international business operation. The insular company with unattractive options is losing market share and margin. To deal with this dilemma requires
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Diarrhea is a complication of the alimentary or digestive system‚ a complication we all have faced one time or another. Ivan Damjanov’s Pathology for the Health Professions defines diarrhea as “the frequent passage of loose‚ watery stools because of intestinal or pancreatic and hepatobiliary disturbances” (Damjanov‚ 2012). The primary reason why diarrhea occurs is due to an increase in colonic fluid volume in the intestines. The increase in colonic fluid is a result of three physiologic mechanisms
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Another major problem in the DRC is that transnational corporations are financing rebel groups and government militias to monopolize coltan‚ which is creating a constant power struggle and conflict over the control of these mines (Carpenter 2012:9). The conflict that occurred in Kilwa with the Canadian mining corporation Anvil and the Congolese troops is a perfect example of a transnational corporation supporting Congolese troops in order to protect a valuable mining facility. The widespread demand
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The symptoms of multiple sclerosis depend on where the damage occurs. The most common symptoms of multiple sclerosis are fatigue‚ weakness‚ numbness‚ vision problem‚ spasticity‚ bowel problem and otherwise Firstly‚ fatigue for peoples with multiple sclerosis is different from other fatigue‚ it occurs when nerve deteriorated in the spinal column. It occurs suddenly and easily. Even after a good night sleeps they tend to feel tired when wake up in the morning and get worse as the day progresses. They
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The purpose of this memo is to disclose fraudulent reporting I have found in the company’s financial information in relation to product costs. Direct costs of work from private clients are being included in the overhead costs of the company. This increases the total overhead cost that is allocated amongst clients cost of sales‚ including the Defense Department of the government. The company has cost-plus contract with government in building and maintaining roads to military bases. In cost-plus contracts
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