Advantages: The major advantage‚ undoubtedly‚ is that the use of green technology reduces the pollution of the environment. The damage that is usually done to the environment when hotels use diesel products is very catastrophic. Diesel products emit a lot of hydrocarbons into the air that cause global warming‚ which is known to hamper marine life and make some species of the marine bio diversity extinct. However this can be avoided if the industry adopts green technology. The industry has
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Going Concern in a Credit Crisis – Call for Your Views Steve Priddy Director of Technical Policy and Research October 2008 You can comment on this piece at http://discuss.accaglobal.com/view_topic.php?id=49&forum_id=62 One of the fundamental accounting concepts is that financial statements are prepared on a going concern basis – that is that there is an underlying assumption that the entity will continue in operational existence for the foreseeable future and that the entity has neither the intention
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means to believe that either the whole or part of the business is going to be liquidated‚ it will be appropriate for the firm to report the resources/assets at their liquidation value. Circumstances under which an enterprise may not be going concern: It will be useful at this juncture to study the circumstances which give indications about the fact that the enterprise is not a going concern or it may cease to be a going concern very soon. In many situations‚ several circumstances may be present
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ISA ISA 570 November 2008 International Standard on Auditing Going Concern INTERNATIONAL STANDARD ON AUDITING 570 Going Concern Explanatory Foreword The Council of the Malaysian Institute of Accountants has approved this standard in November 2008 for publication. This standard should be read in conjunction with the Preface to Malaysian Approved Standards on Auditing; Preface to International Standards on Quality Control‚ Auditing‚ Review‚ Other Assurance and Related Services; Glossary
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The advantages and disadvantages of going abroad for further studies As for this topic‚ I feel envied. As a person who has no chance to go abroad‚ I will go no matter how. It’s a different experience and it must do more good than bad‚ at least for me. We’ve lived in China for twenty years so we can broaden our eye sights and we may get some inspiration about life. That’s vital‚ as far as I’m concerned. Westerns have their own opinions on life value which we may use for reference. Sometimes‚ we
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What are the advantages and disadvantages for a company going public? An initial public offering (IPO) is the first sale of stock by a company. Small companies looking to further the growth of their company often use an IPO as a way to generate the capital needed to expand. Although further expansion is a benefit to the company‚ there are both advantages and disadvantages that arise when a company goes public. There are many advantages for a company going public. As said earlier‚ the financial
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ADVANTAGES AND DISADVANTAGES OF USING INTERNET In the history of human mankind‚ the Internet has undoubtedly been the greatest development in the domain of communication industry. Internet has tremendous potentials and a lot to offer in terms of services. However‚ if examined carefully‚ the Internet appears to have not only advantages but also some drawbacks. One good point is that the Internet is a source of information. There is a huge amount of information available on the Internet for just
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The accruals and going concern concepts are regarded as fundamental in the preparation of financial statements. Discuss the advantages and disadvantages of these concepts‚ explaining the reasons why these concepts may be difficult to apply or may be inconsistent with other concepts. Accounting statement and records are a periodic summary of account activity within a period and the documentations involved in the preparation of it (Thomas and Ward‚ 2012: 4). They are done based on a set of rules developed
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The Advantages and Disadvantages of Communicative Language Teaching The Advantages and Disadvantages of Communicative Language Teaching By HAH Introduction The focus of this essay is to highlight the advantages and disadvantages of Communicative Language Teaching (CLT). In doing so‚ it is important to first clarify the meaning of CLT and it’s place in the ongoing history of language teaching methodology. CLT is generally accepted as the most recognized‚ contemporary approach to language
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Advantages of Total Quality Management (TQM) Improves Reputation - TQM programs have the advantage of improving corporate as well as product reputations in the marketplace‚ because errors and defective products are discovered much more rapidly than under a non-TQM system‚ and often before they are ever sent to market or found in the hands of the public. Higher Employee Morale - Compared to employees who are motivated‚ disengaged workers are less efficient‚ miss more workdays and cost organizations
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