1. Introduction - brief description of your company and the business it The KCR East Rail (formerly known as the KCR) was introduced in 1910. It is the first and oldest railway system in Hong Kong. The railway was formerly operated by the Government until the Kowloon-Canton Railway Corporation (KCRC) was established in 1982. The KCR East Rail runs from Hung Hom in urban Kowloon to Lo Wu at the Mainland boundary. There are 13 stations along the 34-kilometre route and the railway carried an average
Premium Mergers and acquisitions MTR
What’s a mail merge? Mail merge is the process of integrating the raw data from a list (e.g. a list of individuals with tax liens)‚ with a standard letter‚ so the end result is one custom letter per client‚ containing that particular client’s individual information from that list. There are many benefits in doing a mail merge‚ such as: • Each client receives a custom letter with their name‚ address‚ and other related information (e.g. amount of tax lien and type of tax lien) printed on the letter
Free Printing Envelope Paper
$1.8billion from Ford‚ including the 100% shareholder and the relevant assets. It was China’s largest overseas automotive industry acquisition‚ which was also the first wholly-owned merger. Besides‚ it was the first time for a Chinese own brand to merge a luxury brand. This deal proved to be a most ambitious action for the Chinese automaker’s desire to transform itself into an international auto player and wrote a new chapter for the Chinese automotive industry. The deal was greeted with cautious
Premium Management Learning German language
International Accounting‚ Auditing and Taxation The financing of the IASB: An analysis of donor diversity Robert K. Larson a‚∗ ‚ Sara York Kenny b a b Department of Accounting‚ University of Dayton‚ Dayton‚ OH 937-229-2497‚ United States IFRS Interpretations Committee‚ and Retired‚ International Finance Corporation‚ World Bank Group‚ United States a r t i c l e i n f o Keywords: International Accounting Standards Board IASB International Financial Reporting Standards IFRS Financing
Premium International Financial Reporting Standards International Accounting Standards Board
are “7” members for the FASB and they function as full time along with being obligated to break their links to firms and institutions that they have been affiliated with in previous time frames. This is all prior to them linking up as board members for the FASB‚ 2014. The present executive members are Golden‚ Kroeker‚ Buck Linsmeier‚ Schroeder‚ Siegel and Smith. 1. Golden started his duration as the 7th chairman of the FASB as of 7/1/2013. He began his duties to the FASB back in 2010. At that
Premium
Introduction In 2003‚ the announcement was made of a merger between FedEx Corporation and Kinko’s‚ Inc. There are multiple reasons why corporate decision makers consider mergers‚ “the potential efficiency benefits from mergers and acquisitions include both operating and managerial efficiencies‚” (Pautlar‚ 2003‚ p. 122). “These mergers and acquisitions are aimed at increasing growth‚ enhancing existing capabilities and developing new markets” and as a strategic consideration they can “generate cost
Premium Ratio United Parcel Service Financial ratio
revenue recognition criteria specified in the FASB’s conceptual framework that contain basic guidelines for revenue recognition. Based on these guidelines‚ revenue should not be recognized until it is realized or realizable and earned.（FASB ASC 605-10-25-3; FASB ASC 605-10-25-5）Recognition and Measurement in Financial Statements of Business Enterprises‚ paragraph 83(b) states that "an entity’s revenue-earning activities involve delivering or producing goods‚ rendering services‚ or other activities
Premium Education Teacher Educational psychology
The Evolution of the IASC into the IASB‚ and the Challenges it Faces1 Stephen A. Zeff Rice University ABSTRACT: In this article‚ I undertake to review the major developments and turning-points in the evolution of the IASC‚ followed by the evolution of the IASB. At the conclusion‚ I suggest five challenges facing the IASB. Keywords: IASC; IASB; IAS; IFRS; standard setting; regulation I.INTRODUCTION In the past several years‚ most accounting academics have been paying close attention to the International
Premium International Financial Reporting Standards Financial Accounting Standards Board International Accounting Standards Board
What preliminary recommendations do you have regarding: Q1. Autonomy of the target company within the buyer? AOL and Time Warner merged claiming to be equal. “The transaction was spun to the world as a merger of equals‚ but in reality AOL‚ with its more valuable stock‚ was acquiring Time Warner” (Tim Arango 2010) meaning‚ this transaction can be viewed as AOL acquired TimeWarner. Vancil (1979) describes target autonomy as “the extent to which the acquirer delegates or defers to the expertise
Premium Mergers and acquisitions
The IASB/FASB joint review conceptual framework states that there are two fundamental characteristics which are relevance and faithful representation and in addition there are four enhancing characteristics which are timeliness‚ verifiable‚ comparable and understandability which enhance the decision usefulness of financial information. For information content to be relevant it must have the ability to influence the economic decisions of users and help users to evaluate or assess past‚ present or
Premium Economics Finance Balance sheet