Issues in Financial Reporting & Analysis TUTORIAL - WEEK 10 Accounting for Financial Instruments and Foreign Currency Transactions Learning Objectives: 1. Understand what is a financial instrument‚ and how can they be categorised. 2. Accounting for a particular type of financial instrument – a “compound instrument” 3. Understand the accounting treatments of foreign currency transactions at: Date of transaction; Balance date (if applicable); Settlement date. 4. Analyse the accounting treatment
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Helping people is undoubtedly an honorable thing to do in some instances; however‚ by no means is it morally obligated all the time. Therefore‚ I negate the resolution “Resolved: Individuals have a moral obligation to assist people in need.” Individual (The New Oxford American Dictionary‚ Oxford University Press‚ 2001): A single human being as distinct from a group‚ class‚ or family Moral Obligation (Black’s Law Dictionary): a duty that is based only on one’s conscience and that is not legally
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example‚ the advertisements. Entertainments and expressions‚ etc. Thus‚ we are surrounding by music every day. The sounds of music attract our attention on the advertisements if they play together. Music graps our attention. Music can also help the entertainments to be more fun and attractive. Moreover‚ music can help to express ourselves. Many people cried‚ laughed and hyper when they heard music. Music is a useful tool to tell how we feel at that moment. There are different types of music. Traditional
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Little or much‚ well or poorly‚ many of us today have learnt English. But have we ever come up with an ask questioning why we basically do that? In my learning English‚ many people have asked me why I learn English. Normally‚ I would answer either saying that I just simply enjoy it or explaining it for the want to better communicate with the foreign people. And I guess most of people would think it so or probably agree more to the latter one. Truth is‚ I still don’t really know what I am working
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generally look for the level of liquidity in the company ranks‚ shareholders look for dividend paying policies of the organization and its future growth plans and investors search for the debt in company’s balance sheet and its ability to pay the debt. We can reach a consensus statement that all the participants of the company have different motives and they look for their own particular type of information to fulfill their respective desires (Jackson‚ 2008). Stakeholders Types Generally a company or
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Why do we have organizations? Organization implies that a group of individuals come together working‚ supporting a common goal. Everyone has a role and understands their responsibility in obtaining‚ achieving the goal. Why do we have organizations? Organizations are the foundation of our being. They give us structure on how to function in our day to day activities and help in achieving the completion of a common goal. They define our role & the importance of our talent/skill to succeed
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CHAPTER 2: REGULATION IN FINANCIAL ACCOUNTING Chapter 2 regulation in Financial accounting LEARNING OUTCOMES Upon completion of this chapter you should be able to understand: • The difference between management and financial accounting. • Why accounting regulations are important and required. • The need for and the structure of professional regulation‚ company law‚ stock exchange legislation and EU Directives. • How the different aspects of regulation work together
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Why do people care obey the law? Why do people not do things because it is against the law in the United States. I am talking about obviously wrong things like rape and murder or robbery and I am talking about crimes where you don’t harm anyone and there is no real victim such as the casual use of drugs and running a red light when there are no cars and no police watching. Why would people follow these laws if they can’t get caught and nobody is a victim. Well I think that because most people
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K2D39/40/41 Why do we observe children? There are many reasons why we observe children. Mainly children are observed because we want to find out what stage of development they are at and whether it matches the average stage of development for their age‚ it could also be that there has been a change in there behaviour. By observing them we will find out what causes them to react and become stressed. Another reason why we observe children is assess and support their individual special needs so we can plan
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Financial Accounting and Reporting Case: America Online 1. What accounting approach has AOL used in the past that it is now changing (related to the $385 million)? AOL‚ prior to October 1‚ 1996‚ recorded the expenditure related to subscribers acquisitions as an asset and amortized monthly over a period < 24 months. This was a strongly criticized approach. Furthermore‚ the accounting approach in the article is considered aggressive. In October 1996‚ they discontinued capitalizing customer acquisition
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