...http://www.eurojournals.com/EJEFAS.htm Relevance of Income Levels and Income Components for Determining Firm Value Hashem Valipour Assistant Professor, Accounting Department, Firouzabad Branch Islamic Azad University, Firouzabad, Iran Tel: 00989173086986 E-mail: h.valipour@gmail.com Alireza Shahabi Accounting Department, Marvdasht Branch Islamic Azad University, Marvdasht, Iran E-mail: arshahaby@gmail.com Javad Moradi Assistant Professor, Accounting Department, Marvdasht Branch Islamic Azad University, Marvdasht, Iran E-mail: jmoradi2005@yahoo.com Abstract Income levels and its components which are presented in income statement, are the first criteria for assessing financial operation, users are quite interested in this criterion. So investigating the effect of this attraction on firm value is important. The present paper studies this matter. Statistical population is listed companies in Tehran Stock Exchange (TSE). Based on considered preconditions 49 companies selected over 1999 to 2008 and classified into three groups based on their size, small, medium and large. Regression has used for analyzing data. Findings indicate that income level and components prepare relevant information for users. Other findings show that considering firm size has negligible impact on value relevance of income level and components. Keywords: Income Statement, Relevant, Firm Value, Firm Size, Income Component. 1. Introduction Market value relevance means that there is a statistical association...
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...Scholar Works. It has been accepted for inclusion in Theses by an authorized administrator of RIT Scholar Works. For more information, please contact ritscholarworks@rit.edu. ASSESSING CAREER VALUE OF FROM HOSPITALITY MANAGEMENT CURRICULUM PROGRAM ALUMNI by James A Faculty of thesis the Food, Re id R. submitted Hotel to the Travel and Management at Rochester in partial Institute fulfillment for the of of Technology the degree of Master of August Science 1999 requirements FORM I ROCHESTER INSTITUTE OF TECHNOLOGY School of Food, Hotel and Travel Management Department or Graduate Studies M.S. Hospitality-Tourism Management Presentation or ThesislProject Findin2S Name: J_am_e_s_R_e_id Title of Research: Date: 7/21/99 SS#: Assessing. Career Value of _ Hospitality Management Curriculum From Program Alumni Specific Recommendations: (Use other side if necessary.) Thesis ~ommittee: (I} _D_r_._R_ic_h_a_r_d_M_a_r_e_c_k_i (2) OR (3) (Chairperson) _ _ Faculty Advisor: Number of Credits Approved: _ _2_c_r_ed_l_'t_s _ I °ll1-! f ~. Date 7 Committee Chairperson's Signature J'Li{ f5 Date Department Chairperson's Signature Note: This form will not be signed by the Department Chairperson until all corrections, as suggested in the specific recommendations (above) are completed....
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...BAC 416 Accounting Information System Chapter 1 Multiple choice 1. The flow and level of detail of information operations management, as internal user of information is a. horizontal b. vertical downward c. vertical (upward & downward) d. vertical upward 2. An example of information exchanges with financial institutions, as an external stakeholder, is a. stock transaction information c. inventory receipts information b. sales & billing information d. sale of goods & services information 3. A subsystem is called a system when it is a. viewed in relation to the larger system of which it is a part b. the focus of attention c. able to achieve its goals d. able to interact with the other system 4. A system is said to have the ability to achieve its goal when a. there is a convenient way of representing, viewing, and understanding the relationships among subsystems b. all parts serve a common purpose c. it can serve at least one purpose but it may serve several d. there is an effective functioning and harmonious interaction of its subsystems 5. This is processed by its information system as a unit of work. a. financial transaction b. transaction c. nonfinancial transaction d. resources 6. AIS subsystems a. process financial & nonfinancial transactions that directly affect the processing of financial transactions b. measure economic events in monetary terms c. process nonfinancial...
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...[pic] SCHOOL OF POLITICS & INTERNATIONAL RELATIONS DESIGNING INTERNATIONAL RELATIONS ENQUIRY RESEARCH PROPOSAL TITLE: Economic Community of West African States (ECOWAS): Challenges for sustainable peace and security in West Africa? NAME: MICHELLE GOH YIN MEI STUDENT ID: 009937 DATE: May 7th, 2012 LECTURER: Howard Loewen INTRODUCTION This research will investigate and analyse how the Economic Community of West African States (ECOWAS) and Economic Community of West African States Monitoring Group (ECOMOG) functions as a peace keeping military security unit in the West African sub-region. It is also an analytical project relevant to the peacekeeping efforts and national security of the region that would identify challenges that ECOWAS may face, in keeping with their objectives. This research will also provide suggestions and explore ways to combat issues in order for ECOWAS to achieve their objectives. This research will be able to identify the cause and possible solutions to the political instability in the West African sub-region. REGIONS The issues of West African regions are important and pose fundamental findings that would that would tackle issues such as military intervention, governance, peace building, peacekeeping, and national security. Peacekeeping and security will intensify and promote economic benefits as well as development process in the West African region benefitting...
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...Master in Business Administration Module Assignment Title Assignment Type Word Limit Weighting Student Intake Operations Management Operations Management – Critical Evaluation of Relevant Issues Report 4000- 4500 words 50% Feedback Date Issued by (Assessor) Internal Verifier Plagiarism S M A Hashmi When submitting work for assessment, students should be aware of the LSBF guidance and regulations in concerning plagiarism. All submissions should be your own, original work. You must submit an electronic copy of your work. Your submission will be electronically checked. The Harvard Referencing System must be used. The Wikipedia website must not be referenced in your work. Harvard Referencing Scenario To use operations as a competitive weapon, organisations must use its resources effectively, in a way that satisfies its customers. Operations Management is said to be common responsibility of all managers irrespective of which function they are in. A manager needs to be aware of the overall operations of the organisation to contribute well to end to end process/processes. Your Task This assignment requires you to write a report on the operations management of a chosen organisation (preferably a medium sized firm). In the report you must: a) Identify the overall input, transformation and output operations of the firm b) Identify those major operation areas that are critical to the competitive advantage of the chosen organisation c) Critically evaluate the performance of each...
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...relates to the following course learning outcomes: 1. Demonstrate a capacity for critical thought and problem solving. 3. Identify and analyse the social and political constraints on the operation of business locally, nationally and internationally. 4. Conduct basic research informed by principles of scholarly conduct. Purpose: The purpose of this assignment is to assess your capacity to choose appropriate and relevant scholarly sources, follow a preferred referencing style and demonstrate the relevance of a source by summarising its content. Description: At the start of each tutorial during weeks 3 to 12 (i.e. 10 classes) you are required to submit a handwritten citation of a scholarly reference that is relevant to the week’s topic. Books, book chapters, or journal articles are suitable. Please include date, name and student number. To receive a mark for each week’s citation (i.e. 1 mark) you should correctly cite the reference and include a summary (of not more than 50 words) that explains the relevance of the source. Assessment Length Assessment Weighting Varying Assessment Criteria Three criteria will be used: Referencing Style: Please see the Politics & International Relations Essay Writing Guide provided on Blackboard 10% Relevance to the week’s topic Accuracy of the citation using the referencing style found in the Politics & International Relations Essay Writing Guide provided on Blackboard An appropriate summary ...
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...Course Learning Outcomes: | This assessment item relates to the following course learning outcomes:1. Demonstrate a capacity for critical thought and problem solving. 3. Identify and analyse the social and political constraints on the operation of business locally, nationally and internationally. 4. Conduct basic research informed by principles of scholarly conduct. | Purpose and Description | Purpose: The purpose of this assignment is to assess your capacity to choose appropriate and relevant scholarly sources, follow a preferred referencing style and demonstrate the relevance of a source by summarising its content.Description: At the start of each tutorial during weeks 3 to 12 (i.e. 10 classes) you are required to submit a handwritten citation of a scholarly reference that is relevant to the week’s topic.Books, book chapters, or journal articles are suitable. Please include date, name and student number.To receive a mark for each week’s citation (i.e. 1 mark) you should correctly cite the reference and include a summary (of not more than 50 words) that explains the relevance of the source. | Assessment Length | Varying | Assessment Weighting | 7% | Assessment Criteria | Three criteria will be used: * Relevance to the week’s topic * Accuracy of the citation using the referencing style found in the Politics & International Relations Essay Writing Guide provided on Blackboard * An appropriate summary | Referencing Style: | Please see the Politics...
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...UNIT 8: MARKETING IN HOSPITALITY Get assignment help for this unit at assignmenthelpuk@yahoo.com LO1 Understand the concepts of marketing in a services industry context Core concepts: definition of marketing, customer needs, wants and demands, product and services markets, value, customer satisfaction/retention, quality, cost/benefits, efficiency/effectiveness, profitability, the growth of consumerism, strategic/tactical marketing, reasons for growth, marketing as a business philosophy, relationship marketing, changing emphasis of marketing Marketing environment: micro environment of the company; stakeholders eg suppliers, intermediaries, owners, financiers, customers, competitors, local residents, pressure groups; macro environment demographics eg economy, society, ecology, technology, politics, legal, culture; strengths, weaknesses, opportunities and threats (SWOT) analysis; political, economic, social, technical (PEST) analysis; Porter’s competitive forces Consumer markets: central role of the customer, customer culture, models and types of behaviour, consumer orientation (internal and external), competitor orientation, decision process, value chain, value and satisfaction, long-term relationships Market segmentation: principles of segmentation, targeting and positioning, segmentation bases eg geographic, demographic, behavioural, lifecycle stage, income, gender Ethics and social responsibility: sustainability, social audit, public relations, legal and regulatory considerations...
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...SOCIAL ADAPTATION When Software Gives Users a Voice Raian Ali 1 , Carlos Solis 2 , Inah Omoronyia 3 , Mazeiar Salehie 3 and Bashar Nuseibeh 3,4 1 Bournemouth University, UK, 2 FEXCO, Killorglin, Ireland. 3 Lero - Limerick University, Ireland. 4 Open University, UK Keywords: Requirements Engineering, Requirements-Driven Adaptation, Social Adaptation Abstract: Adaptive systems are characterized by the ability to monitor changes in their volatile world and react to monitored changes when needed. The ultimate goal of adaptation is that users’ requirements are always met correctly and efficiently. Adaptation is traditionally driven by the changing state of the system internal and its surrounding environment. Such state should be monitored and analyzed to decide upon a suitable alternative behaviour to adopt. In this paper, we introduce another driver for adaptation which is the users’ collective judgement on the alternative behaviors of a system. This judgmenet should be infered from the individual users’ feedback given iteratviely during the lifetime of a system. Users’ feedback reflects their main interest which is the validity and the quality of a system behaviour as a means to meet their requirements. We propose social adaptation which is a specific kind of adaptation that treats users’ feedback, obtained during the software lifetime, as a primary driver in planning and guiding adaptation. We propose a novel requirements engineering modelling and analysis...
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...Critically evaluate the main methods available for predicting the future direction of exchange rates and assess their effectiveness in providing forecasts of use to international companies. Particular instructions to students: The assignment is to be no longer than 3000 words and should contain critical analysis, relevant empirical evidence and examples. Purpose of the module:This modules aims: • To provide an understanding of the theories and empirical evidence related to foreign exchange markets, and the implications of these for international firms. • To generate an understanding of the methods available to international companies to finance international trade investment and the risk associated with investment operations. • To review the alternative sources of funding available to a company.• To provide an understanding of the Multinational Enterprises theories in the context of the banking sector. | Learning Outcomesof the module:On successful completion of this module you will be able to: • Explain the main features of the financial instruments available to international firms to finance international investment. • Identify the financial markets available for the supply of these...
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...Description | Career Prospects | Student Welfare | Teaching & Research Facilities | Staff | List of Students | Publications | Course Evaluation & Exams | Msc Construction Project Management | Admission into the Masters of Science programme can be obtained through: (a) Candidates with B. Sc or B. Tech. (Building) with a minimum of second class lower or GPA not less than 2.50 (on a 5-point scale) (b) HND Building plus PGD (with upper credit) from any recognized university Duration and Mode of Study. The programme is a full time programme which runs for a minimum of 18 months. The mode of study for the programme is through a comprehensive course work to be examined in both oral and written papers, seminars and other necessary work to be contained in a submitted thesis. Employment Opportunities Graduate of the programme will have further relevance in the following areas: (a) Public sector, government ministries, parastatals and research institutes (b) Private sector employments and related industries, oil and gas, power and steel, telecommunications. COURSE CODE | COURSE TITLE | UNIT | BD 701 | Construction Plants and Equipments | 2 | BD 703 | Construction Planning and Contract Practice | 2 | BD 705 | Construction Finance | 2 | BD 707 | Research Methodology | 2 | BD 709 | Project Feasibility Analysis/Studies | 2 | BD 711 | Construction Management Process | 2 | BD 797 | Research Project I | 2 | | Plus One Elective | 2 | | Total | 16 | BD...
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...expectations; standardised procedures; codes of practice; staff levels (staffing levels, staff competency, flexibility, reliability and responsiveness) Evaluation: purpose; sources of feedback; accuracy; relevance; reliability; validity; methods of data collection; improvements; staff training and development Hospitality industry: industries within the hospitality industry eg hotels, restaurants, pubs, bars and nightclubs, contract food service providers, hospitality services, membership clubs, events LO2 Understand the purpose of promoting a customer-focused culture Communication: types eg verbal, non-verbal body language, written; types of response; use; effect Customer: central role; customer service culture; identifying and analysing customer requirements and expectations; influences of service provision on customer perceptions Benefits of improved service: customer satisfaction, repeat business, improved reputation, increased profit LO3 Be able to investigate customer requirements and expectations Requirements: sources of information eg customers, staff, management, customer records, past information Primary research: primary research eg sampling, qualitative, quantitative; interview eg individual, group, survey, observation; contact methods eg mail, telephone, personal Secondary research: internal eg sales records, yield data, financial information,...
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...financial statements. These financial statements are required to exhibit certain degree of quality in terms of their information contents. Mines & Wahlen (2006) and Belkaoui (2002) opined that accounting information contained in the financial reports should possess certain qualities as relevance, verifiability, understandability, neutrality, timeliness, comparability, and completeness. When the financial reports disclose quality accounting information, according to Benston (2007), the decision of the users (investors, management, government, employees, creditors, analysts) of the reports could as well be qualitative and informed. While there have been a number of studies on this topic in developed countries (Collins, Maydew and Weiss, 1997; Lev and Zarowin, 1999; Francis and Schipper, 1999; Beisland, Hamberg and Navak, 2010), one is not aware of any expansive study that has explored the subject of value relevance of accounting information in Nigeria. It has not been comprehensively researched primarily because of problems with data availability (Negah 2008). Literature on capital research in accounting in Nigeria is so scanty and insufficient that it is difficult to determine value relevance of accounting information in this country. In Nigeria, fairly related literatures are on accounting systems (Jagetia and Nwadike, 1983). The above mentioned studies provide no significant validity...
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...JOHN J List of Contents Abstract Introduction Part: 1 Social Relevance of Accounting Information 1.1. Accounting Standards 1.2. Need for Accounting Standards Part 2: Types of Accounting Standards Rules Based Accounting Principle Based Accounting System Part: 3 Comparisons of Principle and Rules Based Accounting Standards Conceptual Framework Flexibility of Rules and Principles International Accounting Platform Comparability of Financial Statements Realistic Representation of Accounting Information Part:4 Findings of the Research Study Part :5 Conclusion Reference Appendix Appendix 1: Narration on Figure 1 - Qualities of Accounting Information Abstract The proposed research paper attempts to illustrate the importance of a global accounting system and the impact of standards on the global market, as well as, providing the means for comparable financial reporting for decision making by both investors and corporations. This research provides understanding about the major differences of a Rules-based and Principal Based Accounting Systems, including the benefits and drawbacks of such a shift. Proponents of principles-based accounting blame the Rules-Based Accounting System for the major accounting scandals. They believe that the Rules-Based system encourages the use of financial structuring to achieve desired accounting results, which will undermine the quality of financial reporting. Supporters of rules-based accounting...
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...Impresa, Culture e Società Email: antonio.leotta@unict.it ABSTRACT The extant literature on inter-organizational control distinguishes the main control problems as coordination problems and appropriation concerns. The present study focuses on coordination problems and is intended to understand the process leading to the hybrid nature of inter-firm coordination modes and the role of information in this process. In a theoretical part, after discussing the main critical assumptions underlying coordination studies, an integrative framework is proposed to conceptualize the coordination process and describe the role of information in this process. In Particular, the framework assumes inter-firm settings as a-centered and a-static, whence the relevance of an interpretive approach where coordination is viewed as a process characterized by dialectic interactions between coordinating actors. The empirical part of the study is aimed at verifying the explanatory power of the framework studying a case of outsourcing relations in a divisionalized company operating in the semi-conductor industry. The case provided useful data giving new insights that enrich the framework. Keywords: coordination; information; system;: process; inter-organizational relations. Revised version July, 5 2011 1. Introduction Inter-organizational relations have become a widespread and problematic phenomenon which, from the management control perspective, has required the design and implementation of control systems...
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