IFRS 8-1: “Basic accounting and reporting issues related to recognition and measurement of receivables‚ allowance accounts‚ recording discounts‚ the allowance method to account for bad debt and factoring are basically the same between IFRS and GAAP. However‚ the FASB (Financial Accounting Standards Board) and IASB (International Accounting Standards Board) are taking steps by working to implement fair value measurement‚ the amount they currently could be sold for‚ for financial instruments. “The
Premium Depreciation Asset Balance sheet
Q.1 Identify the pros and cons of the partnership as a form of ownership? A partnership is formed when two or more people engage in a business activity and share investment‚ profit and loss. Just like any other form of ownership‚ it has its advantages and disadvantages. Following we discuss some of the pros and cons of a partnership. Pros of the Partnership (1) Ease of Formation: Partnership is comparatively simple to form. All you need to form a partnership is an agreement. A verbal
Premium Marketing Venture capital Business
The history of (ISC)2 and the CISSP exam • Recertification requirements • An assessment test to gauge your current security knowledge This book is intended to welcome you to the exciting world of security and start you on a new path toward obtaining your CISSP certification! The Certified Information Systems Security Professional (CISSP) exam covers ten domains‚ each of which may be considered a full field of study in itself‚ with many individual books and papers written on just that subject
Premium Security Information security Computer security
biggest things that get in the way. In the gym one day I saw a new guy in the gym‚ maybe he looked a 145 pounds. He walks over to the rack‚ which is right in front of the mirrors‚ looks at himself and only from watching from a distance I can only think whats going on in his mind. Maybe he was thinking “ Man I look good‚ I know I can bench at least 135 pounds” which is a lot for a new guy. He can barely put the forty-fives on the side‚ and the bar is forty-five pounds‚ so I’m inching closer to make sure
Premium Physical exercise Obesity Exercise
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
Premium Balance sheet Stock Corporate finance
Merchandise inventory is generally valued at the price for which the goods can be sold. reported under the classification of Property‚ Plant‚ and Equipment on the balance sheet. reported as a current asset on the balance sheet. often reported as a miscellaneous expense on the income statement. Items waiting to be used in production are considered to be finished goods. merchandise inventory. raw materials. work in progress. In a manufacturing business‚ inventory that is ready for sale is called store
Premium Inventory Balance sheet Revenue
Activity-based costing (ABC) is a costing methodology that identifies activities in an organization and assigns the cost of each activity with resources to all products and services according to the actual consumption by each. This model assigns more indirect costs (overhead) into direct costs compared to conventional costing. Aims of model With ABC‚ a company can soundly estimate the cost elements of entire products ACTIVITIES and services. That may help inform a company’s decision to either: Identify
Premium Cost Cost accounting Resource allocation
Introduction This paper examines how the emergence of media globalisation has fuelled debates that have arisen on the weakening of the nation state and the deregulation of government in media ownership. We will address how the tensions between political influence and media globalization create issues that include economic interests‚ resistance to cultural imperialism and promotion of national identity. Such issues create impacts on the role on governments‚ agencies and corporations making decisions
Free Mass media Concentration of media ownership
inggLecturer’s Guide Accounting for Non-accounting Students Sixth edition J R Dyson ISBN 0 273 68301 2 © Pearson Education Limited 2004 Lecturers adopting the main text are permitted to download the manual as required. Pearson Education Limited Edinburgh Gate Harlow Essex CM20 2JE England and Associated Companies around the world Visit us on the World Wide Web at: www.pearsoned.co.uk First published in Great Britain under the Pitman Publishing imprint in 1997 Second edition published
Premium Balance sheet Depreciation Generally Accepted Accounting Principles
relationship between ownership and development of personal identity as become controversial idea. Some philosophers believe owning an object determines a person’s personality. I support both Aristotle and Pau Sarre’s view of the relationship of ownership as both a development of moral identity and ownership extending beyond the object. The process to reach ownership of an object is a difficult path were along the way an individual learns moral values before having full ownership. In addition‚ objects
Premium Person Sociology English-language films