13/08/2012 Topic 3 Property‚ Plant & Equipment The nature of PP&E • AASB 116 defines property‚ plant & equipment (PP&E) as: • tangible items • with a specific use within the entity • that are expected to be used during more than one period AASB 116 specifically excludes assets held for re-sale PP&E is normally divided into classes. Common classes include land‚ buildings‚ machinery‚ motor vehicles. • • 1 13/08/2012 Initial recognition of PP&E • Cost of an item is recognised as
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Revenue & Customs: Annual Report and Accounts 2011–12 Nineteenth Report of Session 2012–13 Report‚ together with formal minutes‚ oral and written evidence Ordered by the House of Commons to be printed 28 November 2012 HC 716 Published on 3 December 2012 by authority of the House of Commons London: The Stationery Office Limited £14.50 Committee of Public Accounts The Committee of Public Accounts is appointed by the House of Commons to examine ‘‘the accounts showing the appropriation
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Scott Equipment Organization Paper By: Teressa Wright FIN/419 July 15‚ 2013 Sarah Newton Scott Equipment Organization Paper In today’s business sector‚ organizations use debt financing to accomplish their monetary goals. This can be defined as raising working resources by borrowing. The Scott Equipment Organization is researching a variety of combinations of instant and continuing debt financing in financing all of their assets. When referencing short-term financing the company is looking
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Scott Equipment Organization is investigating various combinations of short- and long-term debt in financing assets. Assume the organization has decided to employ $10 million in current assets and $15 million in fixed assets in its operations next year‚ and EBIT for next year is $8 million. The organization’s income tax rate is 40%. Stockholders’ equity will be used to finance $15 million of assets‚ with the remainder financed by short- and long-term debt. The organization is considering implementing
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Hunting and Fishing Equipment - US - February 2012SCOPE AND THEMESWhat you need to knowDefinitionData sourcesSales dataConsumer survey dataAbbreviations and termsAbbreviationsTermsEXECUTIVE SUMMARYSales increase 5.6% to nearly $6 billion in 2010Hunting equipment boosts total sales‚ fishing equipment sales declineLower-priced‚ smaller firearms are the new trendConsumers surveyed want to buy AmericanCore market of hunters and anglers are hurting financiallyHunting and fishing participation is on the
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Title: Use office equipment OCR unit number 221 Sector unit number H/601/2493 Level: 2 Credit value: 4 Guided learning hours: 18 Unit expiry date: 31 December 2013 Unit purpose and aim This unit is about using a variety of different office equipment following manufacturer’s and organisational guidelines. Learning Outcomes Assessment Criteria The Learner will: The Learner can: 1. Know about different types of office equipment and its uses 1
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Personal protective equipment (PPE) at work A brief guide Introduction This leaflet describes what you‚ as an employer‚ may need to do to protect your employees from the risk of injury in the workplace. It will also be useful to employees and their representatives. Employers have duties concerning the provision and use of personal protective equipment (PPE) at work and the leaflet explains what you need to do to meet the requirements of the Personal Protective Equipment at Work Regulations
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.......................................................................................... 3 LESSON 1 – Use and Maintenance of Tools‚ Equipment‚ and Paraphernalia…..4 LESSON 2 – Perform Calculations .................................................................................33 LESSON 3 – Practice Occupational Health and Safety Procedures ........................60 LESSON 4 – Maintain Tools‚ Equipment‚ and Paraphernalia..................................83 Answer Keys ........................
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Personal Protective Equipment is of major significance in workplaces all over the world. As the use of personal protective equipment is important‚ it’s only an extra form of protection‚ necessary where all hazards haven’t been controlled through other means. Personal protective equipment consists of a range of clothing and equipment‚ which is to shield worker’s bodies from workplace hazards. It is widely used to decrease the exposure of employees to hazards‚ and to avoid employees from illness or
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Mattel Property‚ Plant‚ and Equipment Property‚ plant‚ and equipment are stated at cost less accumulated depreciation and amortization. Depreciation is computed using the straight-line method over estimated useful lives of 10 to 40 years for buildings‚ 3 to 10 years for machinery and equipment‚ and 10 to 20 years‚ not to exceed the lease term‚ for leasehold improvements. Tools‚ dies‚ and molds are amortized using the straight-line method over 3 years. Estimated useful lives are periodically reviewed
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