...「重要會計用語中英對照」 Item Term in English Term in Chinese 1 [Amount] recoverable 可回收(金額) 2 ‘Corridor’ 「緩衝區」 3 ‘Cost of sales’ method 「銷貨成本」法 4 Acceptable under IFRSs 國際財務報導準則可接受 5 Accountability of management 管理階層之課責性 6 Accounting 會計 7 Accounting and Reporting by Retirement 退休福利計畫之會計與報導 Benefit Plans 8 Accounting estimate 會計估計 9 Accounting for Government Grants and 政府補助之會計及政府輔助之揭露 Disclosure of Government Assistance 10 accounting for inventories 存貨會計 11 Accounting for Investments in Associates 投資關聯企業之會計 12 Accounting income 會計收益 13 Accounting model 會計模式 14 Accounting period 會計期間 15 Accounting Policies, Changes in 會計政策、會計估計變動及錯誤 Accounting Estimates and Errors 16 Accounting policy 會計政策 17 Accounting principle 會計原則 18 Accounting profit 會計利潤 19 Accounting record 會計紀錄 20 Accounting treatment 會計處理 21 Accounts receivable 應收帳款 22 Accrual basis 應計基礎 23 Accrual basis of accounting 應計基礎會計 24 Accrued liabilities 應計負債 25 Accumulated (amortisation, interest, profit 累計(攤銷、利息、損益) or loss) 26 Accumulated profit or loss 累計損益 27 Accumulating compensated absences 累積帶薪假 28 Achieve comparability 達成可比性 29 acquired entity (被)收購(之)個體 30 acquired goodwill 收購(之)商譽 1 「重要會計用語中英對照」 Item Term in English Term in Chinese 31 acquired in a business combination 企業合併所取得 32 Acquiree 被收購者 33 Acquirer 收購者 34 Acquisition 收購/ 取得 35 acquisition date 收購日 36 Active market 活絡市場 37 active use 積極使用 38 actively...
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...discuss the potential profits as well as the policies that are currently in effect in China. It will give the information on the factors that would be used to consider doing business in China such as import/export restrictions, labor relations, supplier financing, tax rules, etc. Global Financial Management Introduction A long-term investment, which includes stocks, bonds, real estate, and cash, is an account on a company’s asset side of the balance sheet that represents an investment the company intends to hold on to for more than a year (Definition, 2013). The US firm, Acme, wants to focus on investing in markets in China. There are many factors to consider when doing business in any foreign country, China is no different. The first bit of information to look at is the back ground of China. China, whose capital and focal point is Beijing, with over 4,000 years of verifiable history, is believed to have the oldest continuous civilization. The official language of China, which is derived from a Mandarin dialect, is Chinese. China is a Communist country that promotes atheism and a constitution that guarantees freedom of religion (China Introduction, 2013). Culture The second bit of information to look at is the appearance, behaviors, manners, and communications that China businessmen expect to see. The appearance of businessmen and women should be taken into account when doing business in China. The businessman should wear a conservative suit with subtle colors; the...
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...examine these financial statements, explore any differences noted between each of the financial statements and U.S. GAAP, and highlight some issues to be included in a financial analysis of China Eastern Airlines for possible inclusion in an investment portfolio. W INTRODUCTION alt Gregory is a junior portfolio analyst at Chartgood, a portfolio manager for several major mutual funds. Susan Bedell, the portfolio manager, just informed Walt that one of the funds she managed, the Global Horizon Fund, was considering adding one company from the People’s Republic of China to its portfolio. She asked Walt to investigate Chinese airlines, since airlines were under-represented in this particular international portfolio. She felt that with the People’s Republic of China’s recent accession to the World Trade Organization and their selection as host for the 2008 Olympics, a Chinese...
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...guide you to “Table 4-7”. As this instruction is a typo in the text, please replace it with “Table 4-6”. Once you have found “Table 4-6”, please complete the first 18 ratios and then 2 of your choice form the remaining ratios (this will equal the twenty required in the Assurance of Learning Exercise). Financial ratio analysis is one of the best techniques for identifying and evaluating internal strengths and weaknesses. Potential investors and current shareholders look closely at firms’ financial ratios, making detailed comparisons to industry averages and to previous period of time. Financial ratio analyses provide vital input information for developing an IFE Matrix. Step 1: On a separate sheet of paper number from 1 to 20. Referring to McDonald’s income statement and balance sheet calculate 20 financial ratios for 2008 for the company. Use Table 4-6 as a reference. |Ratio |How Calculated |What is measures | |Current Ratio |Current Assets/ Current Liabilities |The extent to which a firm can meet its short| | |=3517.6/2537.9=1.39 |term obligations | |Quick Ratio |Current assets minus inventory/ Current |The extent to which a firm can meet its | | ...
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...Store Department Manager Oxylane Retail Division International Industrial Division Oxylane is a French company and a market leader in sporting goods. We have 53,000 staff world wide and generated an income of 6.5 billion euros in 2011. The main brand store of Oxylane, Decathlon, is present in 18 countries with 598 stores. After years of development, Decathlon China becomes the very important project for the company with 45 stores present around mainland and Taiwan. Through the quick expansion in China, we plan to open 100 stores in the following 3 years. Thus we will recruit 6,000 new profiles by 2015! Are you looking for A career more than a job ? A world to learn and to prove yourself? An opportunity linked with many opportunities? A group of people share the same value and passion about life? ………… We offer you this opportunity as STORE DEPARTMENT MANAGER. As part of a dynamic team, you will be continuously required to interact with your international teams and customers. Mission: Be Responsible for One Department of Sports in a Store I manage my department with full autonomy. My team: Hire, train, and manage my sales assistants’ team on a daily basis and help them to achieve their professional targets. My performance: Pilot my activities in terms of turnover, margin, expense and profitability, launch the commercial operations. My products: Control the stock and guarantee the budget of the stock rotation. Work directly in a store’s department with my team, with the best...
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...Page 1 Copyright (c) 2011 Suffolk University Suffolk Transnational Law Review Summer, 2011 Suffolk Transnational Law Review 34 Suffolk Transnat'l L. Rev. 403 LENGTH: 9744 words NOTE: UNITED STATES-CHINA TRADE WAR: SIGNS OF PROTECTIONISM IN A GLOBALIZED ECONOMY? NAME: Kara Loridas LEXISNEXIS SUMMARY: ... Among the aims of the Doha Development Round are a rejection of protectionism and an attempt to ensure fair application of trade rules to developing countries. ... China argued that the increased tariffs imposed by the United States on Chinese tires exceed the permissible maximum tariff rates that the United States may impose on Chinese imports. ... An example of effective negotiations is the settlement of the U.S. complaint alleging a Chinese violation of the national treatment concept by its preferential treatment of domestic products over "like" imported products. ... Cooperative trade relations between the United States and China are important to the global community because the economies of each country are dependent on the rest of the world and the global economy will be harmed by protectionist measures from the first and third largest trading powers. ... Moreover, multilateral negotiations, as opposed to bilateral trade negotiations, are better suited to resolve the United States-China trade disputes because the disputes affect other WTO members in ways beyond the immediate economic impact. ... The most effective way to combat the rapid escalation and retaliatory nature...
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...Statement of Authorship “I confirm that this work is my own. Additionally, I confirm that no part of this coursework, except where clearly quoted and referenced, has been copied from material belonging to any other person e.g. from a book, a handout, or another student. I am aware that it is a breach of LRG regulations to copy the work of another without clear acknowledgement and that attempting to do so renders me liable to disciplinary procedures. To this effect, I have uploaded my work onto Turnitin and have ensured that I have made any relevant corrections to my work prior to submission”. NB: I also understand that under no circumstances should any part of this assignment be published, including on the Internet, or publicity displayed without receiving written permission from the school. Signature: Giuseppe Napoli Date: 16.11.2015 Executive Summary The Walt Disney is an American diversified multinational mass media and entertainment company, founded in Burbank, California in 1923 by two brothers Walt and Roy O. Disney. The companies success can be attributed to the ability exceed customer’s expectation and deliver magical moments to the audience. The main core value of the company can be identified in the cast members, who are considered the main bridge to deliver the company’s core values. As well to support cast members the company equipped the park with new technologies, the process not only reduce waiting time but...
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...differences of U.S. GAAP to the standards used in Hong Kong, China, Mexico, and the United Kingdom. Hong Kong With a few minor exceptions, Hong Kong has officially converged its financial reporting standards with IFRS effective January 1, 2005 (AdoptIFRS.org). Hong Kong’s primary GAAP-required statements are known as Hong Kong Financial Reporting Standards (HKFRSs), including their interpretations (Deloitte Global Services Limited, 2013). Other mandated GAAP requirements are found in Hong Kong’s Companies Ordinance as well as its Listing Rules (Deloitte Global Services Limited, 2013). The following paragraphs briefly highlight key financial statement items and their differing treatments by Hong Kong under IFRS and U.S. GAAP. The Balance Sheet While U.S. GAAP only provides a small amount of direction when clarifying how assets and liabilities should be offset, IFRS gives specific directions on how to offset both assets and liabilities (Epstein, Ifrs statement of financial position, 2012). Additionally, U.S. GAAP does not call for a classified statement of financial position, while IFRS requires one (Epstein, Ifrs statement of financial position, 2012). However, the terms “current” and “noncurrent” vary slightly...
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...A bigger world | The Economist http://www.economist.com/node/12080751/print World politics Print edition Business & finance Economics Science & technology Culture The World in 2012 Blogs Debate Multimedia Special report: Globalisation Globalisation is entering a new phase, with emerging-market companies now competing furiously against rich-country ones. Matthew Bishop (interviewed here) asks what that will mean for capitalism Sep 18th 2008 | from the print edition GLOBALISATION used to mean, by and large, that business expanded from developed to emerging economies. Now it flows in both directions, and increasingly also from one developing economy to another. Business these days is all about “competing with everyone from everywhere for everything”, write the authors of “Globality”, a new book on this latest phase of globalisation by the Boston Consulting Group (BCG). One sign of the times is the growing number of companies from emerging markets that appear in the Fortune 500 rankings of the world’s biggest firms. It now stands at 62, mostly from the so-called BRIC economies of Brazil, Russia, India and China, up from 31 in 2003 (see chart 1), and is set to rise rapidly. On current trends, emerging-market companies will account for one-third of the Fortune list within ten years, predicts Mark Spelman, head of a global think-tank run by Accenture, a consultancy. There has been a sharp increase in the number of emerging-market companies acquiring...
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...The changing landscape for Chinese small business: the case of ‘‘Bags of Luck’’ Lee Zhuang Lee Zhuang is a Principal Lecturer in Strategic Management at Staffordshire University, Stoke-on-Trent, UK. General background Company history ) in Chinese Pinyin, is located Founded in 1992, Bags of Luck (BoL), or Xingyun Bao ( in a small coastal town, Xiao Min Nan (XMN), in South Eastern Fujian province, People’s Republic of China, halfway between the coastal cities of Xiamen and Quanzhou. As an industrial park, XMN was created out of Yang’s oyster farming village with a population of just under 1,000. The name of the village derived from the fact that most of the indigenous villagers were descendents of a local Yang family. With its geographic proximity to and cultural similarity with Taiwan, XMN was developed at the beginning of the 1990s with the most advanced infrastructure with the aim of attracting Taiwanese investors to set up manufacturing facilities there to take advantage of cheap labour and tax incentives. After 20 years’ of explosive development, XMN has grown to become a bustling modern town hosting over 2,000 manufacturing firms, 80 per cent of which are foreign invested, with a working population of 500,000. Almost 100 per cent of the goods manufactured in XMN are labour intensive products designed abroad and exported to North America and the EU. The products made here include shoes, bags, clothing and small plastic kitchen utensils. In the early phase of development...
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... 3 2.1 Selecting Paper 3 2.1.1 Shuan Paper 4 2.1.2 Mien Paper 4 2.1.3 Mao Bien Paper 4 3. Brush 5 3.1 Correct Way of Holding a Calligraphy Brush 6 3.2 Basic Chinese Calligraphy Brush Theories 6 3.3 Basic Brush techniques for Chinese Calligraphy 7 4. Ink Stick 8 4.1 Production 8 5. Ink Stones 9 5.1 Four Famous Ink Stone 9 5.1.1 Duan Ink Stones 9 5.1.2 She Ink Stones ...
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... |Financial Statements | | | |i. Income Statement | | | |a. Horizontal Analysis | 6 | | |b. Vertical Analysis | 7 | | | | | | |ii. Balance Sheet | | | |a. Horizontal Analysis | 8 | | |b. Vertical Analysis | 9 | | |...
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...|Q1a) |Advantages / Disadvantages of Sole Trader, Partnership, Limited Company | | | | |Ans.: | | |Advantages Partnership or sole proprietorship |Disadvantages of Limited Company | |A company has to be formed and registered pursuant to the |A company has to be formed and registered pursuant to the | |provisions of the Companies Ordinance (Cap32), whereas a |provisions of the Companies Ordinance (Cap 32), more | |partnership is just and agreement between the partners, which |restrictions should be followed. | |may be oral or even inferred from conduct. | | |A sole proprietor can carry out business without having to | | |comply with any formality. | | |The administration and management of a company is governed by |The administration and management of a company is governed by | |the Companies Ordinance, which does not apply to a partnership...
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...Globalization @ SAP Globalization Drives Business SAP Globalization Services Erik Törnqvist, LPM for ERP Financials, Sweden Agenda 1 2 3 4 Globalization @ SAP and Globalization Services Globalization Strategy Internationalization Localization 5 6 7 © Translation Service Offerings Highlights / Case Studies 2012 SAP AG. All rights reserved. 2 Agenda 1 2 3 4 Globalization @ SAP and Globalization Services Globalization Strategy Internationalization Localization 5 6 7 © Translation Service Offerings Highlights / Case Studies 2012 SAP AG. All rights reserved. 3 Business Trends That Foster SAP’s Value Proposition 1 Customers don’t want a product, they want to get a job done. 2 Growing speed and scope of global change. SAP offers the best solution portfolio to leverage these trends. With SAP, companies are ready for: Innovation at the speed of each business Transformation from built-to-last enterprises to built-to-adapt business networks Performance optimization closed loop from strategy to execution and back again The challenges of a globalized economy © 2012 SAP AG. All rights reserved. 4 Globalization @ SAP Facts and Figures Globalization is a key differentiator for SAP in a competitive market Global customer base in >140 countries > 60 country version covering legal requirements delivered 39 languages delivered for various solutions ~ 1100 persons are working on globalization topics Strong commitment to customers ...
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...Chapter 07 Foreign Currency Transactions and Hedging Foreign Exchange Risk Multiple Choice Questions 1. According to the World Trade Organization, what was the size of international trade in 2008? A) $7,000,000,000 (7 billion dollars) B) $70,000,000,000 (70 billion dollars) C) $37,000,000,000 (37 billion dollars) D) $16,000,000,000,000 (16 trillion dollars) Answer: D Level: Easy LO: 1 2. In the years between 1990 and 2001 when global gross domestic product rose 27%, what was the growth in global exports? A) 25% B) 75% C) 35% D) 50% Answer: B Level: Medium LO: 1 3. What is a “foreign exchange rate?” A) the price to buy a foreign currency B) the price to buy foreign goods C) the difference between the price of goods in a foreign currency and the price in a domestic currency D) the cost to hold all monetary assets in a single currency Answer: A Level: Easy LO: 1 4. Why was there very little fluctuation in the foreign exchange rate in the period 1945-1973? A) This was a period when the world economy was very stable. B) There was very little growth in the world economy between 1945 and 1973. C) Countries linked their currency to the U.S. dollar, which was backed by gold reserves. D) Most currencies were pegged to the British...
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