The full disclosure principle states that any future event that may or will occur‚ and thatwill have a material economic impact on the financial position of the business‚ should be disclosed to probable and potential readers of the statements. Such disclosures are most frequently made by footnotes. For example‚ a hotel should report the building of a new wing‚ or the future acquisition of another property. A restaurant facing a lawsuit from a customer who was injured by tripping over a frayed carpet
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Comparing IFRS to GAAP Essay ACC/290 November 24‚ 2014 Comparing IFRS to GAAP Paper Although the International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP) have a lot of similar guidelines and expectations‚ they also differ in many ways. The IFRS employs more of a “principles based” accounting standards whereas GAAP utilizes more of a “rules based” approach. Even though there are differences between terminology‚ revenue recognition‚ gains and/or losses
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Jurisdiction can be used in many different ways‚ depending on the circumstances. It can be most basically defined as the official power to make legal decisions and judgments. Federal and state laws can limit and grant the courts jurisdiction. In order for a court’s decision to be a legally valid one‚ it must have two types of jurisdiction: personal jurisdiction and subject matter jurisdiction. Personal jurisdiction rules determine whether a court has power over a particular defendant‚ you can’t just
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Through the transformation of the boundary theory to the current CPM theory Petronio found an underlying difference that made it more understandable when describing it to an audience. Petronio primarily focuses on interpreting the whole concept of disclosure in the CPM Theory. Furthermore‚ Communication Privacy Management Theory states the main focus as the processes in which people employ to determine when and how to choose to conceal or reveal private information about oneself or others (Berger‚ 1975)
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1. Do you think full self-disclosure is important in this relationship? Why or why not? 2. Yes self disclosure is very important in a relationship because that opens you up to your partner about your past. self disclose is a good way to start the relationship and build up from there. Self disclose also helps you get to know the person your dating. Imaging if you dating someone but yet you don’t know much about them. Its like they are pretending to be someone else with you. If that is the case
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the site --------------------------------------------- 3 Application of Construction Regulations 2014 The intended construction work falls within the scope of “construction work” as defined in the Construction Regulations‚ 2014 made under the Occupational Health and Safety Act 1993. 4 Potential sources of risk The following potential sources of risk to the health and safety of persons have been identified‚ and must‚ as a minimum‚ be appropriately addressed by the principal contractor
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Journal of Counseling Psychology 2013‚ Vol. 60‚ No. 3‚ 379 –391 © 2013 American Psychological Association 0022-0167/13/$12.00 DOI: 10.1037/a0032620 Mental Illness Disclosure in Chinese Immigrant Communities Fang-pei Chen Grace Ying-Chi Lai Columbia University New York University Lawrence Yang This document is copyrighted by the American Psychological Association or one of its allied publishers. This article is intended solely for the personal use of the individual user and is not to be disseminated
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Final (Research) Paper: Gender and Self Disclosure Picture yourself in a grocery store. The woman next to you is on her cellular phone talking to what sounds like a boyfriend. You hear her say‚ “I’m going out with my girlfriends tonight‚ we all need some time to talk and catch up.” Now imagine yourself in the same situation‚ replacing the woman on the cell phone with a man. Would a man sound strange saying‚ “I’m going out with my boyfriends tonight‚ we just need to chat.”? This situation
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diff under U.S. GAAP‚ include calculations‚ etc. + Pass off to Kathy/Chelsea to talk about Need space case. * Under US GAAP ASC 840-30 it would be treated as a capital lease * Lease term is> 75% of economic life * P.V. of MLP is > 90% of FMV of leased property * Record the asset and obligation at PV of MLP (ASC 840-30-30-1) * Depreciation- ASC 840-30-35-1 (a) and (b) gives guidance on how to depreciate when ownership transfers or not Under U.S. GAAP many
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Disentangling the Effect of Depression Symptoms and Adult Attachment on Emotional Disclosure Crystal Taylor Suny Jefferson Community College Literature Review Emotional disclosure has important psychological and physical health benefits(Frattaroli‚ 2006)‚ while non disclosure have been linked to negative outcomes in these areas (Kelly & Yip‚ 2006; Larson & Christain‚ 1990). Disclosure also aids in emotional recovery from negative events because it promotes insights‚ fosters social
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