...The basic cause of international difference in financial reporting practice is the different degree of interference by governments in accounting. It is understood that “International Financial Reporting Standards (IFRS)” has been adopted in many countries around the world, as a minimum for the companies that are obliged for financial reporting. IFRS has been implemented in nearly one hundred and fifteen countries around the world, whilst phasing out the previous standard of rules of Generally Accepted Accounting Practice or more commonly known as GAAP. The United States is the only large major country to holdout and not adopt IFRS. IFRS is increasing its widespread backing from all over the world. All United States established companies are obliged to use the “Financial Accounting Standards Board FASB” (Wikipedia, 2012) many companies use these set of standards as they are “detailed and comprehensive” (Media Wiley) compared to the “International Accounting Standards Board IASB” (Wikipedia, 2012) which are more set in stone and less rule based. What the United States need is a set of high quality accounting standards improves comparability. “It is generally believed that IFRS has the best potential to provide a common platform on which companies can report and investors can compare financial information.” (Media Wiley) It is expected that if all countries adopt IFRS it will be beneficial for investors and others who use financial statements by reducing costs and increasing...
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...to respond to assess and transform the nursing profession. The IOM appointed the committee on the RWJF ,initiative on the future of nursing at IOM. The IOM report is a recent development on the landscape of nursing, it include “The future of nursing ,leading change ,advancing health” which was released in October 2010.Its mission is to “serve as adviser to nation to improve health”. Its opinion are highly regarded and carry heavy weight legislative decision. The report outlines major categories of change needed in nursing to meet the health care need of the nation (IOM,2010). -Nurses should achieve higher level of education and training through improved education system that promotes seamless academic progress. -Nurses should practice to full extent of their education and training. -Nurses should be full partners ,with physician and other health care professional ,in redesigning health care in united state . Efficient workforce planning and policy making require better data collection and prepared information infrastructure. Impact of IOM on education; The 2010 Affordable care Act represent the broadcast health care overhaul since 1965,creation of Medicare and Medicaid programme. Transforming the healthcare system to provide safe, quality ,patient centered accessible and affordable care will require a competitive rethinking of role of many health care professional, nurses ,chief executive. To realize this vision nursing education must be fundamentally improved...
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...Qatar University College of Business and economics DO CULTURAL DIFFERENCES INFLUENCE HRM PRACTICES? A working research paper in Department of Graduate Studies By Sara La - 20020000 July 28, 2013 Abstract This research attempts to examine if the cultural differences would have an impact on the Human Resources Management (HRM) practices. Furthermore, such study would provide guidance and assistance to the HR professionals and for the multicultural institutions as well. With the continuity of the world, the effectiveness of globalization surges and the world becomes much more smaller than before. This globalization accelerates having a cultural engagement. There are some uncommon things in previous years that emerge because of globalization such as: the multicultural organization, branches operates in far countries from the original, etc. Approaching these two phenomena needs good strategies since with the variation of culture, all practices may vary along with the HRM practices. Several literatures are reviewed. All of them reached the same result that foster the claim of: diverse culture will have a huge impact on the HRM practices. This paper applied the Hofstede’s Cultural Dimensions theory for exploring cultural dissimilarity across countries. Results reached reinforce the claim: human resources professionals changes their practices with the culture differences in the countries they want to become better at. Keyword: Human Resources Management, Hofstede’s...
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...Running Head: DIFFERENCES BETWEEN GAAP AND IFRS 1 Differences Between GAAP and IFRS Accounting Practices Sharon Woodards Liberty University Intermediate Accounting II 302 Professor Ashley Harper November 7, 2014 DIFFERENCES BETWEEN GAAP AND IFRS 2 Both the IFRS ( International Financial Reporting Standards ) and the GAAP ( Generally Accepted Accounting Principles ) are a set of accounting rules that companies either can or must follow when preparing their financial statements. Set by policy boards, the United States enforces the use of GAAP as the set of rules of processes and standards that its companies must use for reporting and recording of their financial statements. At the same, other parts of the words use the IFRS as their set of rules for companies to follow. This IFRS set of rules were developed by the International Accounting Standards Board (IASB). Due to this, the world has been talking about combining the two standards into one globalized set of accounting standards that will comprise of both standards. The object of this would be to have the world recognize one set of globalized set of accounting practices. There are some differences that the US should be aware of before the convergence between the two ever takes place. Some of the major differences between GAAP and IFRS revolve around grants to employees, vesting, modifications, tax withholding, inventory differences, revenues and expenses...
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...and accounting audits and recovery and management consulting. Mr. Alfonso Farquar was recruited by the Firm to conduct a review of the performance of some of the Firm’s Asian practices. After review of this case there are many problems related to cross-cultural management and organizational structure and control. Had the Firm researched these cultural differences Farquar could have approached the review with more knowledge and the project could have been supported. ANALYSIS: In reviewing this case numerous problems are revealed; cross-cultural management and organizational structure and control. Alfonso Farquar was recruited by Mr. David Mossman to travel to Taiwan and India to review their practices and find reasons for their slow market growth. He was advised to transfer a “best practice” approach to Business development to the Asian practices. After completing his evaluations of the Asian practices he was to report his findings to Mr. Honeysuckle. Although Farquar had never traveled overseas, never met any of these executives and was excited about the opportunity, he failed to understand the cross-cultural differences between both countries. When communicating with the Asian practices, Farquar could have used the four rules for overcoming cross-cultural difficulties: •Assume differences until similarity is proven •Emphasize description rather than interpretation or evaluation •Be empathetic •Treat interpretations as a working hypothesis Upon arrival...
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...http://mindsblow.us/question_des/NRS-433VAllWeeksDiscussions/2857 contact us at: help@mindblows.us NRS-433V All Weeks Discussions NRS-433V Module 1 DQ 1 Identify two areas of nursing practice, which evidence-based practice has improved patient outcomes. State the study and its impact on patient care. How have these findings changed your nursing practice? Please support your response with a minimum of two supporting peer reviewed articles. NRS-433V Module 1 DQ 2 What similarities and differences can you identify between the nursing process and the research process? NRS-433V Module 2 DQ 1 The theoretical foundations of qualitative and quantitative methods are very different, but many researchers believe both methods should be used in the research study to increase validity and reliability. What advantages or disadvantages do you see in using both types of methods in a nursing study? Support your answer with current evidence-based literature. NRS-433V Module 2 DQ 2 Nursing research is used to study a dilemma or a problem in nursing. Examine a problem you have seen in nursing. Why should it be studied? Justify your rationale. NRS-433V Module 3 DQ 1 The three types of qualitative research are phenomenological, grounded theory, and ethnographic research. What are the differences and similarities between two of the three types of studies? NRS-433V Module 3 DQ 2 Qualitative data has been described as voluminous and sometimes overwhelming to the researcher. In what...
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...Health Service Delivery: Similarities: Both general practices and ACCHS’s utilize similar models for servicing patients.1 The models used are more team-based instead of general practitioner focused.1 The care is patient focused and involves the family, and input from the physician, allied health specialists, mental health professionals and community services.1 Differences and Reasons for Differences: In terms of availability general practice in Australia seems to be readily available to the populace as 90% of the Australian population visited a GP at least once in the 2004-2005 year period.2 However, for Indigenous Australians availability and affordability continue to be barriers to appropriate and effective health care.3 Due to lower...
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...remains a means of livelihood for thousands of people across. Several of the indigenous practices like rotation of crops; drill husbandries etc. were perfected in India centuries before they were adopted by the other nations in their respective ‘agricultural revolution’. There is much to be learned from these practices of the local people. They are many instances, which show that these practices are not only feasible but also sustainable i.e. they cause minimal ecological degradation. Hence regarding these indigenous knowledge as "low productive," "primitive," and "old" cannot be justified. Instead this knowledge should form the foundation of developing more sustainable practices and technologies. People in the formal scientific knowledge system should grasp the importance of local knowledge. Those studies, which do go into details of the indigenous agricultural practices, present an entirely different picture of it than what one would have imagined of an unscientific, backward and primitive system of agriculture. Bringing this will lead to a desirable change in the attitudes and behaviors of researchers and would stimulate the process of incorporating indigenous knowledge systems into agricultural research and extension. Unfortunately everything comes with certain advantages and disadvantages. Despite its huge scope and potential for developing further, indigenous practices in India are obstructed due to the various traditions and superstitions prevalent around...
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...Esl final paper ---compare/contrast business practices in your native country to that in the USA Business practices are an essential part of a country’s culture. In addition, the business practices in different countries are quite different. China and America are both big countries of the world, and they still have differences in business practices. In this essay I will compare business practices between China and the USA to find the point of the same and difference. First of all, in terms of interviewing, there are some difference and similarities between China and America. It is the same that during the interview, the interviewees need to dress up and be well-mannered, and they have to answer the questions asked by one or more than one interviewers. The difference is that, in the USA, the interviewers also hope the interviewees will ask questions, not just give answers, to ask some questions about the company, the system or something else. The interviewers want to see the enthusiasm of the interviewees and how much are they interested in the company through the questions. But in China, most of the interviewers do not like interviewees asking questions because they think this behavior is not respectful. They just need the interviewees to answer questions, but do not pay much attention to what the interviewees ask. Secondly, there are differences in management styles. The Chinese are much stricter, more conservative and efficient than Americans. Americans are more humorous...
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...LPN to RN Role Transition: Differences and Strategies for Success Taylor Birleffi Indiana State University LPN to RN Role Transition: Differences and Strategies for Success The Licensed Practical Nurse (LPN/LVN) role has involved certain role expectations and behaviors that are similar to the nursing roles of the Registered Nurse (RN). Although many may recognize the similar roles these two nurses have, there are various differences that exist between the two particularly those trained at the Baccalaureate level. These role differences are demonstrated through written regulations, knowledge base and practice roles, and the skills and abilities of both professional roles. Both the LPN and RN have regulations at the state level...
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...Practice of human service across different cultures Sarahi Alvarenga 05 July 2013 Walden University Cultural diversity refers to the process through which different cultures respect other people’s differences and the variety of human cultures or societies. In general, cultural diversity therefore refers to the existence of different value systems and multiplicity of subcultures in a multicultural or plural society or any other setting. Cultural diversity therefore calls for people to appreciate other people’s culture by respecting their way of life and the way they perform their different rituals, taboos and other cultural practices (Lee, et al, 2011). One of the most important developments in the history of Human service has been the realization that many overall markets are up of significantly different groups Culture may be defined as ‘ The way of life of a people ,including their attitudes , values , beliefs , arts, sciences, modes of perception , and habits of thought and activity .Culture defines how individuals live and behave in an environment and how their perceptions are shaped which affect the mutual relationship between both the individuals who are part of that environment and those who interact with that environment .For organizations , cultural differences are becoming more and more important . With globalization, workforce diversity has increased and cultural impacts are shaping organization‘s performance. These cultural differences have profound impact...
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...very stubborn when it comes to maintaining the way we do things against external pressure. Whether it is differences between the American standard of measurement and the metric system or differences in accounting standards, the United States likes to be its own boss so to speak. As stated before, one of the premier differences in business practices between the United States and the rest of the world is the difference in accounting practices. The United States maintains the usage of GAAP or “Generally Accepted Accounting Principles,” while much of the developed world uses IFRS or “International Financial Reporting Standards.” While both systems are more than viable, there are many subtle differences between the two. These differences can affect companies in a variety of different ways especially if IFRS becomes a mandatory practice for the United States and thus, all accounting information changes would have to be retroactive. Depreciation and Fair Value One large difference between GAAP and IFRS is the aspect of component depreciation. According to Marie Leone from CFO.com, component depreciation means that companies must “recognize and depreciate equipment components separately if the components can be physically separated from the asset and have different useful lifespans” (Leone, 2010). This method of evaluating assets is required by IFRS but not by GAAP. While this practice is allowed to be conducted by GAAP it does not have the same requirement that IFRS does. Being able to...
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...the United States by completing a baccalaureate degree (BSN), associate degree (ADN) or diploma program. Graduation from one of these programs allow the nurse to be eligible to write the National Council Licensure Examination for Registered Nurses (NCLEX-RN), which nursing graduates must pass in order to receive initial licensure (ANA). Once the nurse has achieved licensure, they earn the title of Registered Nurse (RN); little differentiation exists in terms of entry-level practice, so one might wonder why a nursing student would choose a baccalaureate degree program over an associate or diploma program. The purpose of this paper is to discuss the difference in competencies between the ADN and BSN, and how those differences might influence the practice of the nurse. The paper will not discuss the diploma prepared RN because “diploma programs have diminished steadily-to 4% of all basic RN programs in 2006…” (American Nurses Association, 2011) Describing Competency In order to illustrate the difference in competencies between ADN’ and BSN’s, the term competency must be defined and understood. “Competence is a generic term referring to a person’s overall capacity, while competency refers to specific capabilities…” (Clinton, Murrells, & Robinson, 2005, p. 85) (Clinton, Murrells, & Robinson, 2005). How do the competencies of ADN’s and BSN’s differ? In 1988 the Texas legislature mandated a...
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...This CheckPoint provides an opportunity to practice analyzing prescription and drug labels. Resource: Ch. 7 of Pharmaceutical Calculations for Pharmacy Technicians: A Worktext and Appendix B Referto the illustration of the prescription label in Appendix B and the drug label for Allegra® on p. 56. Answerthe following questions: 1. In what ways are the labels similar? 2. In what ways are they different? 3. What accounts for the difference in information between the two labels? Post your answers as an attachment along with a signed copy of the Certificate of Originality under the Assignment link. HCP 220 Week 5 Checkpoint Prescription and Drug Labels https://hwguiders.com/downloads/hcp-220-week-5-checkpoint-prescription-drug-labels/ HCP 220 Week 5 Checkpoint Prescription and Drug Labels Prescriptions are similar to medical orders containing vital information for the care of patients. Pharmacy technicians must understand how to read, transcribe, profile, and fill prescriptions. This CheckPoint provides an opportunity to practice analyzing prescription and drug labels. Resource: Ch. 7 of Pharmaceutical Calculations for Pharmacy Technicians: A Worktext and Appendix B Referto the illustration of the prescription label in Appendix B and the drug label for Allegra® on p. 56. Answerthe following questions: 1. In what ways are the labels similar? 2. In what ways are they different? 3. What accounts for the difference in information between the two labels? Post...
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...Running head: THE DIFFERENCE BETWEEN BSN AND ADN PRACTICE 1 The Difference Between BSN and ADN Practice Lauren DiMuro Southern Vermont College What is the difference between BSN practice and ADN practice? This is a question that every nursing student should ask and research as both BSN and ADN nurses can sit for the same NCLEX-RN exam. There are multiple answer to this question, however the short answer is that nurse with a BSN degree has more opportunities to work in a variety of health care settings that offer an extensive array of opportunities for professional growth. (Moore, 2009) BSN student learn skills at a higher level that are required for exceptional practice. (Huston 7) The difference between the ADN nurse and the BSN nurse is not limited to the opportunities allotted but spans out to the education. The BSN nurse completes a curriculum that has a different focus than that of the ADN curriculum. The BSN curriculum emphasizes evidence based practice, leadership, critical thinking, and public/community health. (Moore, 2009) As part of this curriculum you receive crucial training in key areas like communication, leadership, and critical thinking- enhanced knowledge that will become ever more valuable in the complex and changing future of health care delivery. (Simons, 2012) BSN nurses can be and are not limited to...
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