Framework for Financial Reporting I am from England‚ and here in the UK‚ unlike most countries‚ our system of government has no comprehensive written constitution. Many countries do have such constitutions and in these circumstances the laws of the land are shaped and influenced by the constitution. Now while the International Accounting Standards Board (IASB) is not a country it does have a sort of constitution‚ in the form of the Conceptual Framework for Financial Reporting (the Framework)‚ that
Premium Balance sheet Asset Generally Accepted Accounting Principles
Limited Liability Personal Definition: In the event a liability arises‚ limited liability prohibits the available assets to only the business entity itself. Essentially‚ the investor cannot lose more than he or she puts in. This protects the individuals working for the entity on a personal level. Nobody can attack his or her personal assets‚ unless the individual exhibits some form of activity that qualifies for piercing the corporate veil. Investopedia Definition: A type of liability that does
Premium Corporation
NEGLIGENCE: THE EMPLOYER’S DUTIES Employers Liability in Negligence • May be personally liable to employees who injure themselves. • May be personally liable to employees who are injured by another employee or sometimes by an independent contractor employed by the employer. • May be vicariously liable if one employee is injured by another employee. NOTE: • Employees may also be able to recover from statutory workers compensation schemes. • Employees’ rights at common law may be restricted
Premium Tort Law Tort law
Part A: Evaluate Company Q’s current attitude: With reviewing company Q’s current attitude towards social responsibility‚ I feel it is very poor requires immediate attention. There a few areas of which the company can work on to be more socially responsible. The company just recently closed down two stores due to high crime rates rather than giving it a chance to succeed and help the community in the time of need. Yes the store may have lost some profits‚ but using the crime rate as an excuse to
Premium Social responsibility Corporation Sociological terms
The Plague Today’s society is filled to the brim with terror and uncertainty of what tomorrow may bring knocking on their front door. Sickness or even death‚ perhaps? England is hidden in the cloak of sickness known as the Black Death and no matter how hard people try to escape from its folds‚ no one is safe from this plague. In a panic‚ healthy people have done all they can to avoid this sickness. The doctors refuse to see patients; the priests refuse to administer last rites. Shopkeepers have
Free Black Death
MOST RECENT TECHNIQUES IN HRM Innovative techniques are developed to improve the work culture‚ so that the employees are motivated to give in their best to the organization. There is tough competition everywhere & to survive with grace‚ one will have to accept the changes in this modern world and adopt the latest human resources practices. The latest techniques in the field of Human Resource Management are: 1. Employees For Lease: Sometimes the organizations depend upon consultancy agencies or
Premium Human resource management Employment Management
Method X‚ fixed costs are RM6‚540‚000 per period and variable costs are RM57 per unit. Using Method Y‚ fixed costs are RM7‚800‚000 per period and variable costs are RM45 per unit. a) Calculate the level of output per period for which the total costs are the same. (3 marks) b) Calculate the total cost per period for Method X at this output. (2 marks) c) State which method should be chosen for sales and production of 100‚000 units per period. (1 mark) (d) Explain how your answer
Premium Depreciation Investment Net present value
259-273 259 The pros and cons of regulating corporate reporting: a critical review of the arguments Robert Bushman and Wayne R. Landsman* Abstract — In this paper‚ we distil essential insights about the regulation of financial reporting from the academic literature. The key objective is to synthesise extant theory to provide a basis for evaluating implications of pressures on the regulation of financial accounting following the recent financial crisis. We succinctly lay out arguments put forth
Premium International Financial Reporting Standards
4/7/13 Recent Advances in Photonic Devices for Optical Super Computing - Spr ing er Find outdeoGeto cces s s preview-only content Look Ins i h w t A acces Optical SuperComputing Lecture Notes in Computer Science Volume 5172‚ 2008‚ pp 9-32 Recent Advances in Photonic Devices for Optical Super Computing Abstract The twentieth century has been the era of s emiconductor materials and electronic technology while this millennium is expected to be the age of photonic materials and optical
Premium Computer Optics
Introduction JetBlue Airways Corporation‚ or JetBlue‚ is New York’s Hometown Airline. The airline was‚ incorporated in‚ 1998‚ is a passenger carrier company. The Company operates various kinds of aircrafts‚ including Airbus A321‚ Airbus A320 and Embraer E190‚ providing air transportation services across the United States‚ the Caribbean and Latin America. JetBlue is the sixth largest passenger carrier in the U.S. (ref). The airline’s business model places emphasis on product and culture differentiation
Premium Futures contract Futures contract Petroleum