...Advanced Financial Accounting Unit 3 Solutions Solution to question 1 1. Prepare the equity accounting entries for 20x5 EA1: Recognize share of post-acquisition R/E of A Dr Investment in A 21,000 Cr RE RE of A as at 1 Jan 20x5 RE of A as at date of acquisition Change in RE 30% Share of A's change in RE 21,000 100,000 30,000 70,000 21,000 EA2: Recognize share of impairment loss on intangible asset (note a) Dr RE 4,800 Cr Investment in A 4,800 (30% Asso x 50% impair x (1-20% tax) x 40K) EA3: Adjustment of after-tax unrealized profit on sale of inventory from 20x4 Dr RE (30% asso x (1-20%) x 5k) 1,200 Cr Investment in A 1,200 EA4: Reclassify dividend income as a reduction of investment Dr Dividend income (30%x 20k) 6,000 Cr Investment in A 6,000 EA5: unrealized profit on inventory now recognized in 20x5 Dr Investment in A (30% x 80% x 5k) 1,200 Cr share of profit of A 1,200 EA6: Recognize share of current profit after tax of A Dr Investment in A 48,000 Cr Share of profit of A (30%x160k) 48,000 1 Advanced Financial Accounting Unit 3 Solutions 2. Analytical check of Investment in A $ Investor’s share of book value of A $340,000 x 30% NCI’s share of FV adjustment on intangible assets (after-tax) ($40,000 x 50% x 80%) x 30% Investor’s share of Implicit goodwill (Note) NCI balance as at 31 December 20X5 Note: Implicit goodwill in investment in A: $ Investment in A BV of net assets of A at acquisition Unrecognized intangible (after-tax) FV of net assets of A at...
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...48550 Electrical Energy Technology Chapter 6. Synchronous Machines Topics to cover: 1) Introduction 2) Synchronous machine structures 3) Rotating magnetic field 4) Equivalent circuit model 5) Performance as a generator 6) Performance as a motor Introduction A synchronous machine is an ac rotating machine whose speed under steady state condition is proportional to the frequency of the current in its armature. The magnetic field created by the armature currents rotates at the same speed as that created by the field current on the rotor, which is rotating at the synchronous speed, and a steady torque results. Synchronous machines are commonly used as generators especially for large power systems, such as turbine generators and hydroelectric generators in the grid power supply. Because the rotor speed is proportional to the frequency of excitation, synchronous motors can be used in situations where constant speed drive is required. Since the reactive power generated by a synchronous machine can be adjusted by controlling the magnitude of the rotor field current, unloaded synchronous machines are also often installed in power systems solely for power factor correction or for control of reactive kVA flow. Such machines, known as synchronous condensers, may be more economical in the large sizes than static capacitors. With power electronic variable voltage variable frequency (VVVF) power supplies, synchronous motors, especially those with permanent magnet rotors, are widely used...
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...AND STRATEGIES Ministry of Education May 2003 Education Strategic Plan, Volume 1 EDUCATION STRATEGIC PLAN 2003 - 2015 Volume 1: Policy, Targets and Strategies Contents page List of Abbreviations used in ESP Foreword by Honourable Minister of Education Chapter 1 4 2 The Education Strategic Plan- Background and Policy Basis 5 1.1 1.2 1.3 1.4 1.5 1.6 The Education Sector - an Overview Documents that have informed the ESP Philosophical and Policy basis of the ESP Outline Situation Analysis Other influences on the ESP Challenges facing the Education Sector (as at 2002) 5 6 7 8 11 12 Chapter 2 The Strategic Framework 2.1 Areas of Focus and Policy Goals 2.2 Areas of Focus 2.3 The Strategic Framework Chapter 3 13 13 16 19 Managing and Implementing the ESP 3.1 Sector Wide Approach 3.2 Co-ordination of Stakeholder Inputs 3.3 Implementation of ESP through Work Programming and Operational Planning Chapter 4 34 34 36 37 Monitoring Education Sector Performance 4.1 Indicators 4.2 ESP Review Chapter 5 40 40 41 Financial Framework for the ESP 5.1 Cost projections 5.2 Funding the ESP 42 42 43 Annexes 46 1 Education Strategic Plan, Volume 1 Abbreviations BECE BOG CBO CPM CRT DP EA EFA EM EMIS ERRC ESP ESPRR ESR ESTAC FBO FCUBE FPMU GER GES GETFund GoG GPRS HIV/AIDS HQ HT ICT IEC IGO INSET JSS KG M&E MNS MoE MoMDE MoEP MoF MoH MOU MSP MTEF NCTE NDPC NEPAD NER NFED NGO PBME PMT PTA PTR QE SEN SPIP SMC SRIMPR...
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...MANAGING CORE RISKS IN BANKING: CREDIT RISK MANAGEMENT Industry Best Practices BANGLADESH BANK CREDIT RISK MANAGEMENT Industry Best Practices PREPARED FOR: BANGLADESH BANK PREPARED BY: FOCUS GROUP ON CREDIT & RISK MANAGEMENT Team Co-ordinator: Team Members: Sudhir Chandra Das Ali Reza Iftekhar Niaz Habib A.G. Sarwar Brian J. McGuire Naser Ezaz Bijoy Page 2 INTRODUCTION: Risk is inherent in all aspects of a commercial operation, however for Banks and financial institutions, credit risk is an essential factor that needs to be managed. Credit risk is the possibility that a borrower or counter party will fail to meet its obligations in accordance with agreed terms. Credit risk, therefore, arises from the bank’s dealings with or lending to corporates, individuals, and other banks or financial institutions. Credit risk management needs to be a robust process that enables banks to proactively manage loan portfolios in order to minimize losses and earn an acceptable level of return for shareholders. Central to this is a comprehensive IT system, which should have the ability to capture all key customer data, risk management and transaction information including trade & Forex. Given the fast changing, dynamic global economy and the increasing pressure of globalization, liberalization, consolidation and dis- intermediation, it is essential that banks have robust credit risk management policies and procedures that are sensitive and responsive to these changes...
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...This page intentionally left blank Copyright © 2007, New Age International (P) Ltd., Publishers Published by New Age International (P) Ltd., Publishers All rights reserved. No part of this ebook may be reproduced in any form, by photostat, microfilm, xerography, or any other means, or incorporated into any information retrieval system, electronic or mechanical, without the written permission of the publisher. All inquiries should be emailed to rights@newagepublishers.com ISBN (13) : 978-81-224-2487-4 PUBLISHING FOR ONE WORLD NEW AGE INTERNATIONAL (P) LIMITED, PUBLISHERS 4835/24, Ansari Road, Daryaganj, New Delhi - 110002 Visit us at www.newagepublishers.com CONTENTS xvii Dedicated to My Parents Shri Gopalrao and Gayabai Kondalkar This page intentionally left blank Preface Globalisation, technology advancement, open market system and desire of human beings to excel in the field one works has increased competitiveness and resultant work stress. Management of human behaviour and chanalizing it into correct direction has become important. Application of motivational theories, art of leadership and skill of redesigning jobs and modification to organisational structure is an on going process that facilitates positive work environment leading to increased job satisfaction of employees, greater productivity and organizational growth. Due to scientific advancement managing human resources is more challenging. It has been observed that everybody...
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...SCHAUM'S OUTLINE OF THEORY AND PROBLEMS OF COLLEGE PHYSICS Ninth Edition . FREDERICK J. BUECHE, Ph.D. Distinguished Professor at Large University of Dayton EUGENE HECHT, Ph.D. Professor of Physics Adelphi University . SCHAUM'S OUTLINE SERIES McGRAW-HILL New York St. Louis San Francisco Auckland Bogota Caracas Lisbon London Madrid Mexico City Milan Montreal New Delhi San Juan Singapore Sydney Tokyo Toronto McGraw-Hill abc Copyright © 1997, 1989, 1979, 1961, 1942, 1940, 1939, 1936 by The McGraw-Hill Companies, Inc All rights reserved. Manufactured in the United States of America. Except as permitted under the United States Copyright Act of 1976, no part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written permission of the publisher. 0-07-1367497 The material in this eBook also appears in the print version of this title: 0-07-008941-8. All trademarks are trademarks of their respective owners. Rather than put a trademark symbol after every occurrence of a trademarked name, we use names in an editorial fashion only, and to the benefit of the trademark owner, with no intention of infringement of the trademark. Where such designations appear in this book, they have been printed with initial caps. McGraw-Hill eBooks are available at special quantity discounts to use as premiums and sales promotions, or for use in corporate training programs. For more...
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