Abstract Discussion on harmonization is started quite long time ago. Its impact on the countries economy is good or bad is the central idea of 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
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accountants‚ providing they were based on the same set of accounting standards C. They are based on hard‚ objective‚ evidence D. All of the given options are correct 3. Which of the following statements is true about the regulation of accounting practice in its early period of development? A. Accounting was largely determined by accounting theory B. Accounting was largely determined by accounting standards issued by the accounting profession C. Accounting was largely
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I am a sophomore Sociology major at Morgan State University taking a course on community based corrections. I would be extremely honored if you could attend the presentation of “Getting out Staying Out" being presented at Morgan State University on October 22‚ 2017. Getting out and staying out focus on the success stories of life after prison. The work being proposed concerns me but also makes me proud because a lot of parole and probation clients fall victim to recidivism. Seventy percent of released
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In any Society‚ through interaction amongs differents individuals‚ people identify themselves in a certain group. For instance‚ in a classroom‚ usually each student has an unique student number‚ by accepting such a number‚ every student has a valid identification in the class and thus can conduct daily learning activities.However‚ that doesn’t mean we at the same time define ourselves or find our existence through identificaition with social groups‚ on the contrary‚ we can easily lose ourselves when
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serve the public interest‚ strengthen the worldwide accountancy profession and contribute to the development of strong international economies by establishing and promoting adherence to high quality professional standards‚ furthering the international convergence of such standards and speaking out on public interest issues where the profession’s expertise is most relevant. This publication may be downloaded free-of-charge from the IFAC website http://www.ifac.org. The approved text is published in the
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Identify the strengths and weaknesses of discretionary accruals models to identify earnings manipulation: Discretionary Accrual = non-obligatory expense (such as an anticipated bonus for management) that is yet to be realized but is recorded in the account books. Accrual Accounting = an accounting measure that measures the performance and position of a company by recognizing economic events regardless of when cash transactions occur. The general idea is that economic events are recognized
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Applicability of Accounting Standard (AS) 26‚ Intangible Assets‚ to intangible items 1. Accounting Standard (AS) 26‚ ‘Intangible Assets’‚ came into effect in respect of expenditure incurred on intangible items during accounting periods commencing on or after 1-4-2003 and is mandatory in nature from that date for the following: (i) Enterprises whose equity or debt securities are listed on a recognised stock exchange in India‚ and enterprises that are in the process of issuing equity or debt
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1. Identify‚ define‚ examine‚ and discuss the crimes potentially committed by Juan and Jamal. 2. Identify the victim(s) in this scenario. Outline the rights of the victim(s) as they related to social responsibility. 3. Compare and contrast the legal issues that could arise for the police department in this scenario. 4. Analyze how societal diversity might have played a role in this case. Discuss ethical practices utilized by law enforcement that help them to maintain their objectivity
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What Makes Someone "Out of the Norm"? Everywhere around the world‚ there are some people who appear to possess certain unique characteristics that shape them into extraordinary human beings‚ people who have the power to be real heroes— but at the same time seem as ordinary as can be. Some may be friends‚ family‚ or even random people you spot on the street. However‚ you have no idea what their identity is until you actually explore and thoroughly get to know them. A few weeks ago I started to develop
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A objectives and the roles of financial accounting “Accounting is an information system that identifies‚ records‚ and communicates the economic events of an organization to interested users.”1. The basic objective of accounting is to provide information to the interested users to enable them to make business decisions and “Financial statements are the primary means of communicating financial information to parties outside the business organization.”2. Moreover‚ accounting can give the essential
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