useful for different types of users to evaluate the financial performance of the reporting entity and make suitable decisions. In this essay‚ the usefulness of conceptual framework in preparing of financial report will be discussed. And also‚ 2011 annual report of CLP Holdings Limited will be reviewed to further discuss how its qualitative characteristics of the information are useful for shareholders. Finally‚ one of its qualitative characteristics will be selected to be the most important and a
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INTERNATIONAL BUSINESS (BAP 72) TAKE-HOME ASSIGNMENT 2012-2013 Information and instructions As described in the course manual‚ the take-home assignment primarily tests students’ ability to apply the theoretical insights discussed throughout the course to a real multinational enterprise (MNE). The assignment must be made by teams of three students and uploaded on the ‘Safe Assignment’ Blackboard page of the course before 21 May 2013 at 09.00 hours a.m. Teams submitting the assignment
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disclosure within these published reports vary from company to company and also from country to country. Economic phenomena are presented in annual reports. Specially‚ the conditions of uncertainty of economy have a shadow on this report; for this reason it can never be completely free from biasness. Many estimates and assumptions are included in the annual report. Completely biased report cannot be achieved‚ because a certain level of accuracy
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1 Roche 2013 results London‚ 30 January 2014 2 This presentation contains certain forward-looking statements. These forward-looking statements may be identified by words such as ‘believes’‚ ‘expects’‚ ‘anticipates’‚ ‘projects’‚ ‘intends’‚ ‘should’‚ ‘seeks’‚ ‘estimates’‚ ‘future’ or similar expressions or by discussion of‚ among other things‚ strategy‚ goals‚ plans or intentions. Various factors may cause actual results to differ materially in the future from those reflected in forward-looking
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Q: “Auditing begins where accounting ends. State points of difference between accounting and auditing? “Auditing begins where accounting ends” Accounting is a process of maintaining business records. Joint stock companies are required by law to maintain proper record of business transactions. Maintaining books of accounts and preparing financial statement is a prime responsibility of directors. The shareholders are ambitious to see that their investment is safe. It is therefore imperative
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RMIT Course Guide System - HE Part B: Course Detail Page 1 of 5 Accounting for Management Decisions Part B: Course Detail Status: Published Version 1 Teaching Period RMIT Course Code RMIT Course Title School Career Campus Learning Mode Primary Learning Mode Sem 2 2013 ACCT2127 Accounting for Management Decisions 615H Accounting Postgraduate City Campus Face-to-Face Primary learning mode is face-to face class seminars Credit Points Teacher Guided Hours Learner Directed Hours Course
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1965 in Malaysia. According to the annual report of company in 2011‚ at the beginning of the current financial year‚ the Group and the Company adopted new and revised FRS which is mandatory for financial periods beginning on or after 1 January 2011. Sarawak Oil Palm Berhad (SOP) prepares its financial statements on a historical basis‚ except as disclosed in the accounting policies. The company has adopted new and amended FRS and IC Interpretations for annual financial periods beginning on or after
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The Annual Report Project General Electric Company (GE) General Electric‚ short as GE‚ is a leading multi-industrial company involving in energy‚ appliance‚ finance and transportation businesses. It has more than 100 years of history‚ and generally be viewed as one of the most successful product and service providers across continents. GE has gross revenue of more than 147 billion dollars‚ and is currently ranking No.6 in Fortune 500 U.S. by revenue. A. Introduction General Electric
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ACCOUNTING INFORMATION DISCLOSURE: AN EMPIRICAL INVESTIGATION OF A FRUITLESS FIG TREE Victor Fegor ORIGHO MGS/PG1209622 A PAPER SUMMITED TO THE DEPARTMENT OF ACCOUNTING‚ UNIVERSITY OF BENIN BEING PARTIAL FULLFILMENT OF RESEARCH METHODOLGY COURSE REQUIREMENT MARCH‚ 2013 ABSRACT This is the first study that tries to compare the inadequacy of accounting information disclosure in meeting financial users need to the inadequacy of a blossoming tree not producing fruits
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Why Sony fail? When I read “Leading Change Why Transformation Efforts Fail”‚ I directly linked Sony with the transformation fail. Sony‚ the previous electrical giant‚ announced a record annual net loss of $6.4 billion for fiscal year 2011 in May 22 2012. This marks the fourth consecutive year that Sony reported substantial losses. Transformation efforts couldn’t turnaround the bad situation of Sony due to the mistakes that made by Sony in those transformation. First‚ Sony did not establishing a
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