24/07/2013 Overview of ACCT2011 Institutional and Conceptual Framework for Financial Reporting Week 1 Lecture Schedule of weekly topics › UoS Outline Assessment › Mid-semester test (7 Sep 2013) 40% 60% › Final exam (final exam period) ACCT2011 Financial Accounting A Dr Eagle Zhang › Please note: You must achieve at least 40% in the final exam to pass the unit AND get an overall mark of 50% or more. 1 4 Overview of ACCT 2011 1. Applying specific accounting standards: • interpreting
Premium Balance sheet International Financial Reporting Standards Generally Accepted Accounting Principles
After formulating the theoretical framework‚ the researcher has to develop the conceptual framework of the study. A concept is an image or symbolic representation of an abstract idea. Chinn and Kramer (1999) define a concept as a “complex mental formulation of experience”. While the theoretical framework is the theory on which the study is based‚ the conceptual framework is the operationalization of the theory. Conceptual Framework It is the researcher’s own position on the problem and gives direction
Premium Scientific method Concept Theory
January 25‚ 1978 was when I was born‚ An African American girl not knowing what was to be for her years down the road. Growing up in Detroit‚ Michigan‚ I was around plenty of people that are like me. My name is Kimberly Wyche and this paper will provide an overview of my experiences within my community and focus on ethnicity and the way race and ethnicity has shaped my own personal life view‚ as well as the way I am perceived by others. Growing up in Detroit I never knew what being an African
Premium United States African American Race
I am terrified of storefront windows. When I accidentally glance into storefront windows‚ I see a reflection of how I walk. My gait and the resulting walk provide evidence of a lack of oxygen to my brain during my birth—the evidence that I have Cerebral Palsy. Cerebral Palsy has provided me with a stride that resembles that of a drunk person‚ a fact that I am regularly reminded of on Friday and Saturday evenings due to living on a college campus. I know that the weekend has come when I see a good
Premium English-language films Walking Transport
What is a conceptual framework for financial accounting and why is it needed? The purpose of this essay is to address the definition of a conceptual framework (CF) for financial accounting and why it is needed. The CF can be described as a “coherent system of inter-related objectives and fundamentals that should lead to consistent standards that prescribe the nature‚ function and limits of financial accounting and financial statements” (FASB‚ 1976). This suggests that the CF has a very important
Premium International Financial Reporting Standards Financial Accounting Standards Board
Uniformity of Accounting Standard and Conceptual Framework Executive summery Harmonization of the accounting standard and conceptual framework is emerging as a requirement for of the international community. As business cross national boundaries so the transecting parties need uniformity in the financial reporting for better understanding of the business conditions. The process of harmonization gets accelerated by the initiative of the two major standard setting body of the world IASB and FASB
Premium International Financial Reporting Standards International Accounting Standards Board
The New Conceptual Framework: The Objective of General Purpose Financial Reports By Jim McFie‚ a Fellow of the Institute of Certified Public Accountants of Kenya FASB (the Financial Accounting Standards Board‚ a US body) was the first organization to develop “Concepts Statements”. All the other “Concepts Statements” have been based on those developed by FASB. A new “Conceptual Framework for Financial Reporting” was worked on jointly by FASB and IASB (the International Accounting Standards Board)
Premium International Financial Reporting Standards Economics
CONCEPTUAL ANALYSIS OF SOCIAL BEHAVIOR: DEVIANCE Viel Elysse N. Cansino Concept: DEVIANCE is the outcome of social strains due to the way the society is structured. For some people‚ the strain becomes overwhelming to the point where they do deviance as a way to manage the strain. Often their deviance is due to their feelings of anomie—meaningless due to not understanding how the social norms are to affect them. This is usually because the norms are weak‚ confusing‚ or conflicting. Robert K. Merton
Premium Sociology
their roles and responsibilities. The foundation that represents the nursing profession is the conceptual framework pillars of nursing. For example‚ public health nursing to use the philosophical skills and practices that supports the foundation of the nursing profession. For nurses to successfully practice and grow within their chosen profession such as‚ a public health nurse the following conceptual framework pillars must be applied: communication‚ caring‚
Premium Nursing
1.6 Conceptual Framework Household: A group of person normally living together and taking food from common kitchen unless the exigencies of work prevented any of them from doing so constitutes a household. Head of the Household: The person in formal charge of the management of the household is the head of the household. He or she need not necessarily be the principal earning member of the household‚ but the customary head of the household decided on the basis of tradition. This means that when
Premium Consumption function Consumption Macroeconomics