A Primer on How to Create a Bullet-Proof Disaster Recovery Plan for the Entire Organization Elizabeth M. Ferrarini‚ She is a free-lance writer from Boston‚ Massachusetts. Reach her at iswive@aol.com Minutes after the first of two planes plunged into the World Trade Center ’s Twin Towers on September 11‚ 2001‚ Morgan Stanley Dean Witter‚ Inc.‚ the largest tenant in the World Trade Center‚ declared a disaster and rushed its disaster recovery plan into place with the help of SunGard Recovery
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MGT 6030 IFRS vs. US GAAP assignment In this assignment‚ I will talk about four ways in which financial reporting can differ between US GAAP and IFRS. The first issue is the way in which inventory is carried from period to period. Another is the revaluation of Property‚ Plant‚ and Equipment‚ which is allowed under IFRS. US GAAP does not allow such flexibility. The next difference I found interesting was that US GAAP has specific guidelines surrounding when to expense Advertising Costs. Given how
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are film techniques used in Jaws to create suspense for viewers? Throughout the well-known film Jaws‚ directed by Steven Spielberg‚ a number of different film techniques are displayed to create suspense for viewers. A few of these many techniques used are character behaviour‚ props and sound effects. These techniques help draw the audience to the film and experience different feelings towards each of the characters. Character behaviour is a key film technique used to create suspense‚ Steven Spielberg
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Identify the appropriate place and promotional strategy that should be used in developing the strategic marketing plan. Consumers rely on having a product in the right place and the right time and it needs to convenient. Time and details goes into finding out what is needed and wanted‚ in addition to what is desired when shopping is needed. Determining the promotional strategy that should be used in the developing the strategic market plan is very important especially how it deals with who the
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IFRS US GAAP Swiss GAAP FER Summary of similarities and differences 2007/2008 Edition 1 IFRS – US GAAP – Swiss GAAP FER Summary of similarities and differences 2007/2008 Edition This PricewaterhouseCoopers publication is for those who wish to gain a broad understanding of the key similarities and differences between IFRS‚ US GAAP and Swiss GAAP FER. No summary publication can do justice to the many differences of detail that exist between IFRS‚ US GAAP and Swiss GAAP FER. Even if the guidance
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working on with regard to the replacement of GAAP (Generally Accepted Accounting Principles) with IFRS (International Financial Reporting Standards) as used in the accounting and financial reporting aspects. Such convergence requires that the functions of the GAAP standards be added to the IFRS. The International Accounting Standards Board (IASB) developed the IFRS which is a less-detailed financial reporting system. This paper seeks to analyze the GAAP and the IFRS‚ their mandate and functions.
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GAAP and Economic Consequences a) The “due process” procedure includes consultations from financial analysts‚ accountants‚ stock exchanges‚ FASB members and other users. Thereafter‚ the Board issues an Exposure Draft based upon the meetings and consultations held earlier. The Board calls for public recommendations and discussions on the Draft‚ after analysis of which the final standard is issued. b) The term “economic consequences” signifies the adverse impact on the economy and on businesses of
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To create a whiskey‚ the grain used must first be germinated by soaking it in water and allowing it to sit. Once a sprout is formed‚ the grains are dried in a kiln to stop germination. The peat used to power the kiln can affect the final flavor of the whiskey. This process is called malting‚ and the newly formed product (no surprise) is the malt. Malting releases the soluble sugars in the grain that are needed for fermentation. Once the malt is made‚ it is ground down and cleaned‚ forming what is
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whether it was paid or it wasn’t. Generally Accepted Accounting Principles better known as (GAAP) is the collection of standards and practices that are required to be used by business’s to record and present the results of their financial activities and their records of what they owe‚ established by the Financial Accounting Standards Board (FASB). These accounting principles are standardized and used for the many private and publicly traded companies in America today. Every economic event within
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ASSESMENT 1 MANAGE BUDGETS AND FINANCIAL PLANS KEYLA NIEVES 1) Using your current workplace or a simulated workplace where you are the manager‚ describe the following: A. The name of the organisation and the types of business activities. Maykala Restaurant: preparing and serving food to clientele. B. Your work team and your main responsibility in the work team. Food production: Chef Gaming Restaurant supervisor Bar head person C. The types of budgets and financial plans that you are responsible for
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