Nature of Accounting and the Accounting Standard Background Accounting is an important part for business and it is dubbed “language” of business activities conducted by firms. People think it is used to communicate business transactions per se to all stakeholders. However‚ some people argue that the functions of accounting are not that easy. Except the communication tool‚ accounting acts as many other difference roles in business. When doing accounting‚ different standard may be used. There are
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bedside handover in compliance to the policy directive‚ however this has created doubts on its effectiveness. In exploring different findings‚ it will provide a better evidence and understanding of the efficacy of bedside handover utilising ISBAR framework. The ACSQHC (2012) described the bedside handover as an interactive communication between nurses and patient through the gathering of relevant information in providing continuity
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ETHICS IN ACCOUNTING Presented by: Rojina Sapkota Abhilasha Thapa Pooja Shah Sandeep Gautam Mendhala Lama Gurung AND THE ACCOUNTING PROFESSION What is ETHICS? -All about making right choices and producing good behavior What is ETHICS in ACCOUNTING? -Being responsible enough to behave as a TRUSTWORTHY accountant. ROLE/IMPORTANCE OF ETHICS IN ACCOUNTING To provide true knowledge of the financial transactions taking place. To ensure correct decision making . WHAT IS AN ETHICAL DILEMMA
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Thinking Ethically: A Framework for Moral Decision Making Critical Thinking 1. Describe briefly each the five approaches to solving ethical dilemma. a. The Utilitarian Approach: the action which can bring the greatest benefits and the least harm. b. The Rights Approach: the moral actions which are the one respect the moral rights of everyone. (the basic rights include the right of the truth; the right of privacy; the right not to be injured
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this essay. This essay is written specifically on the accounting standard used in Australia. This essay starts with introduction on various topics such as conceptual framework‚ IASB‚ Sacs then it discussed the issue of harmonization. Harmonization will have positive impact on the economy because it attracts overseas investors to invest in Australia. This essay covers difference between conceptual framework developed in Australia and IASB framework. There are given lot of difference such as treatment
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7/7/2014 95% of Respondents Agree CHAPTER 1 Social Responsibility Framework • U.S. corporations should have more than one purpose. They also owe something to their workers and the communities in which they operate‚ and they should sometimes sacrifice some profit for the sake of making things better for their workers and communities. Source: "How Business Rates: By the Numbers‚ Business Week‚ Sept. 11‚ 2000‚ pp. 148-149. Social Responsibility Defined • Social responsibility
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Chapter 8 Non-Current Liabilities Assessment Questions AS-1 ( 1 ) Name the typical forms of non-current debt. A typical and common form of non-current debt is a term loan from a bank. Another form of ______________________________________________________________________________ non-current debt is bonds. ______________________________________________________________________________ ______________________________________________________________________________ AS-2 ( 1 ) What is a bond
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Conceptual System Design During the system analysis‚ the analysis of system data is very important. Analysis of data is made up of more than one level at the beginning (first level) and different ideas are used at each level. At first level‚ analyst develops a conceptual system design. Since the conceptual design sets the direction for the management information system (MIS). It is vital that managers participate seriously and heavily at this stage. Conceptual design is sometimes called feasibility
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Morgan Spurlock’s Super Size Me explores the concept of obesity-by-fast-food among Americans. He also argues that it is the responsibility of the consumers to resist the addictive‚ available fast food we are trained as children to love. There are a few definitions to consider. In the film‚ fast food is considered any food that is ordered at a counter and served within minutes of the order. There are commonly accepted examples of fast food: Wendy‚ Burger King‚ KFC‚ Popeye’s Chicken‚ and of course
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following terms used in Note 3: grant date‚ exercise price‚ vesting period‚ expiration date‚ options granted‚ options exercised‚ and options forfeited. b. Note 3 (page 47 of Xilinx’s annual report) indicates that in fiscal 2007‚ Xilinx adopted a new accounting method for its stock options and other stock-based compensation as required by SFAS 123R. How does Xilinx now account for stock options? How does this differ from the method Xilinx used before
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