Fair value accounting Type of accounting that companies measure & report certain assets and liabilities at prices the company would receive if they sold them and liabilities are reported at the value the company would receive if they were relieved of them. The purpose of this method is for creating realistic financial statements. Advantages of Fair Value Accounting Reduced Net Income when values of assets decrease‚ the company’s calculated net income decreases. lower net income results in
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differences between IFRS and GAAP are rapidly reducing owing to the convergence agenda of both organizations‚ there are still some significant ones. 1. IFRS has forbidden the use of LIFO method when calculating inventory cost while GAAP still allows this method. 2. IFRS allows the reversal of inventory impairment while GAAP forbids the reversal. 3. In cash flow statement‚ when it comes to cash collected or paid on interest‚ in GAAP‚ it must be classified to cash flow from operating activities‚
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knowledge concerns the thoughts and actions of others We often know what people are doing and why they are doing it in the light of propositional attitudes we know that they have. On the basis of known attitudes we Often make reasonable predictions about what people will think or do in this Or that circumstance. Having arranged to meet a friend at a particular time And place it is reasonable for you to expect this friend to be at that place at that time. It is part of the arrangement that each party
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Magnesium: Normal Ranges: 1.7 to 2.2 mg/dL A magnesium test is used to measure the level of magnesium in the blood. Abnormal levels of magnesium are most frequently seen in conditions or diseases that cause impaired or excessive excretion of magnesium by the kidneys or that cause impaired absorption in the intestines. Magnesium levels may be checked as part of an evaluation of the severity of kidney problems and/or of uncontrolled diabetes and may help in the diagnosis of gastrointestinal disorders
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Study of the Saudi Aramco Value Chain Study of the Saudi Aramco Value Chain October 2010 Company overview: The Saudi Arabian Oil Company (Saudi Aramco) is a government-owned entity (since 1988 fully government-owned) and the world’s largest oil company in terms of output and managed natural crude oil resources. The company specializes in the exploration‚ production and distribution of crude oil‚ petrochemicals and natural gas. Saudi Aramco was established 1933 when Saudi Arabia signed a concession
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A Study of the Mobile Value Added Services (MVAS) Market in India October 2007 © 2007 Boston Analytics. All Rights Reserved. Table of Contents The Indian Telecom Industry .................................................................................................... 6 Evolution ........................................................................................................................................................... 6 Key Performance Indicators .....................
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desendents say about us a century or two from now? They might think that we were unaware of how much more there was to learn about our world.Back in the day as a society we thought we were at the peek of our knowledge. Though as years go by things progress and evolve. We are learning that you can’t put a cap on progress‚ but yet allow it flourish and embrace it as it moves us foward into the future.In a world of technology were things are constantly changing‚ also how the medical field continues reseaching
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The Value of Brands White Paper White Paper: The Value of Brands: Evaluating Heineken’s Global Branding Strategy Tim Glowa July 31‚ 2002 Tim Glowa is President of North Country Research Inc.‚ (www.ncResearch.com) a Calgary based strategic marketing science company. He can be reached via email at Tim@Glowa.ca © 2002 Tim Glowa July 31‚ 2002 © 2002 Tim Glowa -1- The Value of Brands White Paper Table of Contents Abstract ............................................
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of Management and Languages Degree: MSc Strategic Project Management Course: Project Procurement and Contract Management C11CM Assignment: The Added Value of Procurement Lecturer: Prof. Tom Chadwick Student Reg. #: H00103391 Date: 13 Feb 2011 Word Count: 2732 (2535 excluding the reference list) Table of Contents 1. Introduction 3 2. Impact on Projects 4 2.1 Impact on IT Projects – Personal Experience 4 2.1.1 Old Situation 4 2.1.2 Negative Consequences 4
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FAIR VALUE MEASUREMENT 1. The meaning of fair value Fair value is the price that would be received from the sell of an asset or will be paid to transfer a liability in an orderly transaction between the market participants and the measurement date [IFRS‚ 13 – A501]. However in accounting and economics‚ fair value is the rational and unbiased estimate of a possible market price of a good‚ service or an asset. Fair value takes into account many objectives and subjective factors such as: Objective
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