similar assets or liabilities are recognized by the lessee when the lease is classified as an operating lease. The lessee recognizes lease payments under an operating lease as an expense‚ normally on a straight-line basis over the lease term. Under IAS 17 Leases lessors are required to classify leases as finance leases or operating leases. Finance leases are defined as leases that transfer substantially all the risks and rewards incidental to ownership. All other leases are operating leases. If
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Assignment: Discussion of IAS 17 Leases Huixuan HUANG Student ID: 500284151 Module Organizer: Colin Bradley Words Count: 1964 words Date of Submission: 17th April‚ 2012 Discussion of IAS 17 Leases Introduction Accounting for leasing is always being a hot topic. The standard setters of IAS 17 encountered much controversy when they tried to stop charging all lease payments to the income statement. In this essay‚ firstly‚ I will point out the key features of the current IAS 17 with its effect on
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COMMENTARY COVERSHEET IB Economics commentary number:______2_____ Title of extract: _____ Bank of England Holds Rate at Already Low Level __________________________________________________________________________ _______________________________________________________________________________ _______________________________________________________________________________ Source of extract:__ http://www.nytimes.com/2013/09/06/business/global/bank-of-england-holds-rate-at-already-low-level
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op-ed idea returned to mind. To wit: Our current smoking regulations have things precisely backwards. Economic logic‚ individual rights and public health concerns all suggest the nasty habit should be banned in public places‚ where non smokers cannot escape the noxious fumes. It is only in private locations (yes‚ including those restaurants that so choose) that smoking should be allowed. In economic parlance‚ secondhand tobacco smoke is what’s known as a “negative externality.” Like other forms of
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Cover Page Student’s Name: Arielle Ali. Student’s Number: School Name: St. Joseph’s Convent‚ San Fernando‚ Trinidad. School Code: 160068 Subject Name: Economics Date Submitted: 19th February‚ 2009 Title Page An economic investigation into the demand for doubles in south Trinidad. Acknowledgements I would like to express my most sincere gratitude to all the persons who participated in the survey and took the time to complete the questionnaire. Most particularly‚ I’d like to thank my teacher Miss
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Bibliography: * Sloman‚ J. Economics‚ 6th Edition‚ Prince Hall‚ 2006 * Hosein‚ R.‚ and Gookool‚ R. Cape Economics Study Guide Unit1‚ Caribbean Examination Council‚ 2007. * The Jamaica Public Service‚ (n.d.) Operations of JPS January 18‚2012 from http://www.jpsco.com/ * Anderton‚ A. Economics‚4th Edition‚ Causeway Press
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Economics IA Commentary Coversheet Economics Commentary Number: | HL Number 1 | Title of Extract: | UK Unemployment | Source of Extract: | HRM – Human Resource Management | Date of Extract: | 11th of November 2009 | Word Count: | 661 | Date Commentary was written: | 28/11/2009 | Section of Syllabus that the Commentary relates to: | Section 3.5 - Unemployment | Candidate Name: | Yuriy Boldyrev | Candidate Number: | 001124003 | *Note: Commentaries should be read in chronological
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BBC News: UK unemployment rises to 2.56 million (17/4/13) UK unemployment rose by 70‚000 to 2.56 million between December and February‚ the Office for National Statistics (ONS) has said. It pushed the unemployment rate to 7.9%‚ raising further questions about the UK’s economic strength. The number of people in employment also fell‚ while earnings growth slowed considerably‚ according to ONS data. But there was positive news on the number claiming Jobseeker’s Allowance last month‚ down 7
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IB Economics: Practice Internal Assessment The article “Chinese Dragon bites Local manufacture as Importers laughs last” stated that the imported products‚ majorly from China have became a threat to the local economy in Uganda. The Ugandan government have taken measure ease production on local traders by scrapping the pre-inspection fees and planning to construct industrial parks to lower the hiking cost of production of local products. Chinese products are cheaper and more competitive comparing
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A market failure occurs when the allocation of good is not efficient. The externality is present if an economic activity (production or consumption) imposes costs on‚ or creates benefits for‚ third parties. If they impose costs on third parties they are considered negative externalities. Negative externality is a type of market failure. The government in London decided to impose tax on hauliers who use trucks that heavily polluted the environment. This is a negative externality since pollutions would
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