...UNIT 36: SPORT AND LEISURE TOURISM IN THE UK Get assignment help for this unit at assignmenthelpuk@yahoo.com LO1 Understand the structure of the sport- and leisure-related tourism sector in the UK Concept of tourism: models and approaches; definitions of tourism and tourists; tourism motivators and barriers; classification of tourism types; tourism sectors including products and services Historical developments: introduction of paid holidays; role of transport; mass tourism; ecotourism; technological developments in sport and leisure-related tourism Role of public sector: government legislation; tourism authorities; national and regional tourist boards; local government; amenity agencies; public sector initiatives; comparative government structures Role of private and voluntary sectors: private sector organisations eg tourist attractions and accommodation providers; voluntary sector organisations eg hostel; partnerships, national and international professional organisations Tourism law: effects of EU and international legislation; tourist movement law eg passports; passenger carriage law; consumer protection law eg Package Holidays Act; planning regulations; laws relating to tourist attractions and sports stadia https://www.blogger.com/blogger.g?blogID=5649485182751853952#editor/src=sidebar LO2 Understand the trends and demands for sport and leisure tourism Sources of tourism data and statistics: international sources; National Training Organisations; regional tourist...
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...some people have a half day off - Women's Day, Youth Day, Children's Day and Army Day. According to the provisions of the current policy, laws, regulations, rules and regulations, workers leave mainly: The annual leave with pay: Regulations on paid annual leave for employees "the third stipulation: total staff has over 1 years and less than 10 years, annual leave 5 days; already full 10 year and less than 20 years, annual leave 10 days; already full 20 years, 15 days of annual leave. Sick leave: According to the "enterprise workers due to illness or non work related injury medical treatment period" (labor department regulations No. [1994]479) and other relevant provisions, ill or injured workers on sick leave holiday according to the actual work experience and in the units of work experience, given three months to twenty-four months period of medical treatment: 1) The actual working age below ten years, worked with the employer at the age of five years for the following three months; five years for six months. 2) The actual working for ten years, worked with the employer at the age of five years for the following six months; five to ten years is nine months; ten to fifteen years is twelve months; fifteen to twenty years is eighteen months; twenty years twenty-four months. Home leave According to the "Regulations of the State Council on the workers' pay to visit" (The national development and Reform...
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...for a purely competitive firm and a pure monopolist differ? What significance does this have for the price-output behavior of each? 6. Why is marginal revenue less than price for every level of output except the first? 7. How does price elasticity affect the price-quantity combination and segment of the demand curve that the monopolist would prefer for price and output? 8. A pure monopolist determines that at the current level of output the marginal cost of production is $2.00, average variable costs are $2.75, and average total costs are $2.95. The marginal revenue is $2.75. What would you recommend that the monopolist do to maximize profits? 9. A pure monopolist sells output for $4.00 per unit at the current level of production. At this level of output, the marginal cost is $3.00, average variable costs are $3.75, and average total costs are $4.25. The marginal revenue is $3.00. What is the short-run condition for the monopolist and what output changes would you recommend? 10. The demand schedule for the product produced by a monopolist is given in the table below. Complete the table by computing total revenue and marginal revenue. Quantity Total Marginal demanded Price revenue revenue...
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...The independence of internal auditing in China Term Paper Advanced Auditing February, 15 * The independence of internal auditing in China Abstract China’s rapid economic growth boosted its accounting system that has evolved at a singular rate. The national government encourages foreign investors to participate in the domestic capital market actively. The government also strictly supervises the different national economic activities; as a result, the credibility of the auditing system plays a important role. Chinese government as well as some firms seek reliable and independent internal audit services. This paper will examine some factors which may cause lack of independence in Chinese internal audit systems, the difference between the internal auditing in China and in western countries. Based on interviews and questionnaires, suggestions are made for future improvement on the internal audit system in China. Key words: internal auditing, audit independence I INTRODUCTION The globalization of economy, complexity of business and allegations of fraudulent financial reporting have recently sharpened the ever-increasing attention to internal controls and internal auditing. (Karagiorgos et al., 2009) The role of internal auditing is also evolving as reflected in the following definition ‘an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It helps an organization accomplish its objectives by bringing...
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...Introduction Gain arising on transfer of capital asset is charged to tax under the head “Capital Gains”. Income from capital gains is classified as “Short Term Capital Gains” and “Long Term Capital Gains”. In this part you can gain knowledge about the provisions relating to tax on Short Term Capital Gains. Meaning of Capital Gains Profits or gains arising from transfer of a capital asset are called “Capital Gains” and are charged to tax under the head “Capital Gains”. Meaning of Capital Asset Capital asset is defined to include: (a) Any kind of property held by an assesse, whether or not connected with business or profession of the assesse. (b) Any securities held by a FII which has invested in such securities in accordance with the regulations made under the SEBI Act, 1992. However, the following items are excluded from the definition of “capital asset”: i. any stock-in-trade (other than securities referred to in (b) above), consumable stores or raw materials held for the purposes of his business or profession ; ii. personal effects, that is, movable property (including wearing apparel and furniture) held for personal use by the taxpayer or any member of his family dependent on him, but excludes— (a) jewellery; (b) archaeological collections; (c) drawings; (d) paintings; (e) sculptures; or (f) any work of art. “Jewellery" includes— (a) ornaments made of gold, silver, platinum or any other precious metal or any alloy containing one or more of such precious...
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...AUDIT | DECEMBER 2012 THE POWER OF BEING UNDERSTOOD U.S. GAAP VS. IFRS: IMPAIRMENT OF LONG-LIVED ASSETS AT-A-GLANCE Increasing globalization coupled with related regulations continues to put pressure on moving towards a common global accounting framework – International Financial Reporting Standards (IFRS). Currently, more than 100 countries use IFRS, so if your business goals include global expansion, it is critical to educate yourself about the impact of IFRS on your financial reporting processes and business now. To gain a better understanding of what IFRS means for your organization, we have prepared a series of comparisons dedicated to highlighting significant differences between IFRS and U.S. generally accepted accounting principles (GAAP). This particular comparison focuses on the significant differences between U.S. GAAP and IFRS when accounting for the impairment of long-lived assets. For other comparisons available in this series, refer to our U.S. GAAP vs. IFRS comparisons at-a-glance series. A discussion about U.S. GAAP and IFRS would not be complete without mentioning the status of the Securities and Exchange Commission’s (SEC) activities focused on determining whether the application of IFRS by U.S. registrants should be required or allowed. While the SEC has not made any final decisions with respect to use of IFRS by U.S. registrants, its activities are ongoing. For more information, refer to our IFRS Resource Center. The guidance related to accounting for the...
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...I.0 PROJECT DESCRIPTION I.0 PROJECT DESCRIPTION US ARMY North requires new furniture and equipment for its office located at 1835 Army Blvd, Fort Sam Houston, TX 78235, bldg 2000. The purpose of this procurement is to obtain systems furniture, case goods, and associated design, delivery and installation services for the project. The furniture supplier shall meet with ARMY North representative to determine the functional and aesthetic requirements for 24 workstations equal to or better than ALUR Panel Based system. It shall provide complete specifications including a detailed floor plan, specific model numbers complete with options and finish designations to satisfy the requirements of the customer. The approximate useable square footage (USF) for each room is as follows: Room 2215A -414 sq ft Chaplain-345 sq ft Room 2023-1240 sqft Room 2032-375 sqft Room 2230B-210 sqft The client agency Point of Contact (POC), also noted as the US Army North Project Manager (PM), will be the liaison at all times between the Furniture Contractor and other stakeholders. The Furniture Contractor will be required to comply with the requirements set forth by the Building Owner. The total number of new workstations is approximately 24. Separate sections in this RFQ package include: Attachment A Statement of Work Attachment B Furniture Typicals Attachment C Pricing Forms Attachment E Furniture Technical Characteristics Compliance Matrix Forms 2.0 GENERAL CONDITIONS 2.0 GENERAL...
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...Building and Construction Industry Security of Payment Act 1999 As at 21 April 2014 Reprint history: Reprint No 1 30 September 2003 Long Title An Act with respect to payments for construction work carried out, and related goods and services supplied, under construction contracts; and for other purposes. Part 1 – Preliminary 1 Name of Act This Act is the Building and Construction Industry Security of Payment Act 1999. 2 Commencement This Act commences on a day or days to be appointed by proclamation. 3 Object of Act (1) The object of this Act is to ensure that any person who undertakes to carry out construction work (or who undertakes to supply related goods and services) under a construction contract is entitled to receive, and is able to recover, progress payments in relation to the carrying out of that work and the supplying of those goods and services. (2) The means by which this Act ensures that a person is entitled to receive a progress payment is by granting a statutory entitlement to such a payment regardless of whether the relevant construction contract makes provision for progress payments. (3) The means by which this Act ensures that a person is able to recover a progress payment is by establishing a procedure that involves: (a) the making of a payment claim by the person claiming payment, and (b) the provision of a payment schedule by the person by whom the payment is payable, and (c) the referral of any disputed claim to an adjudicator for determination, and (d) the...
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...fund is lower than the NAV d) Of the inherent risk of closed end funds. 3) If the entry load is 2% and the NAV is Rs. 10, then the investor will have to pay for 1000 units a) Rs. 15000 b) Rs. 8000 c) Rs. 12000 d) Rs. 10200 4) Which of the following Mutual Funds was not set up within the Phase 2:1987-1993? a) Canbank Mutual Fund b) Kothari Pioneer Mutual Fund c) SBI Mutual Fund d) LIC Mutual Fund 5) Which of the following is not a benefit from a Mutual Fund? a) Investor has custody of securities where fund invests. b) Investor is able to diversify risk c) Investor can save costs d) Investor can get professional management to manage his money. 6) Which of the following has the lowest risk? a) Liquid Fund (MMMF) b) Gilt Fund c) Diversified debt fund d) Diversified equity fund 7) The current Mutual Fund Regulations from SEBI was introduced in a) 1992 b) 1994 c) 1996 d) 1998 8) The sponsor of a mutual fund may be compared to: a) A director in a company b) The chief executive of a company c) The promoter of a company d) An equity shareholder of a company 9) Issuing additional fresh units and redeeming the existing units of a mutual fund...
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...Federal Financial Management System Requirements Property Management Systems Requirements JFMIP-SR-00-4 October 2000 What is JFMIP? The Joint Financial Management Improvement Program (JFMIP) is a joint undertaking of the U.S. Department of the Treasury, the General Accounting Office, the Office of Management and Budget, and the Office of Personnel Management, working in cooperation with each other and other agencies to improve financial managemen t practices in Government. The Program was given statutory authorization in the Budget and Accountin g Procedures Act of 1950 (31 USC 65 as amended). Leadership and program guidance are provided by the four Principals of the JFMIP – Comptroller General of the United States, Secretary of the Treasury, and the Directors of the Office of Management and Budget, and the Office of Personnel Management. Each Principal designates a representative to serve on the JFMIP Steering Committee, which is responsible for the general direc tion of the Program. The JFMIP Executive Director and a program agency representative (who serves for 2 years) are also on the Steering Committee. The Program promotes strategies and guides financial management improvement across Government, revi ews and coordinates central agencies’ activities and policy promulgations, and acts as a catalyst and clearinghouse for sharing and disseminating information about good financial management practices. This information sharing is done through conferences and other...
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...means that its fair market value is determined after the fair market value of all other assets is determined. As mentioned above the difference between the value, i.e. fair market or purchase price, and the net value of all other assets is the value of goodwill. The second is that expenses that create goodwill are not easily attributable to a specific amount of goodwill and likewise the cash flows or revenues attributable to goodwill are not easily determined (FASB 350-20, 2010). Thirdly, the goodwill cannot be separated from the business acquired. This means that in figuring an actual dollar amount for goodwill the entire value of the business must be determined and evaluated (FASB 350-20-55). Impairment under U.S. GAAP GAAP regulations mandate that the test for impairment must be made at least annually, and allows for periodic impairment should market conditions or other events suggest that a company’s...
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...Volume–VI, Number–01, January-June, 2011 Risk Management Practices: A Critical Diagnosis of Some Selected Commercial Banks in Bangladesh MD. ZAHANGIR ALAM* MD. MASUKUJJAMAN** ABSTRACT The paper is about risk management practices of commercial banks in Bangladesh based on five commercial banks operating in Bangladesh. The number of respondents was 25, five from each bank. While collecting the requisite data, five points Likert Scale has been used. The objective of the study was to critically examine risk management practices of Bangladeshi banks i.e., types of risk facing a bank, procedure and techniques used to minimize the risk etc. The study also examines how far the banks follow the guidelines of Bangladesh Bank regarding risk management. The study reveals that credit risk, market risk and operational risk are the major risks to the bankers which are managed through three layers of management system. The Board of Directors performs the responsibility of the main risk oversight, the Executive Committee monitors risk and the Audit Committee oversees all the activities of banking operations. In the context of opinions regarding use of risk management techniques, it is found that internal rating system and risk adjusted rate of return on capital are relatively more important techniques used by banks. Key Words: Risk, Risk Management, Risk Management Techniques, Banking. 1. INTRODUCTION In the past two decades, the banking industry has evolved from...
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...K. Huffman in Cleveland, Ohio in 1936 with one tractor-trailer. By 1945 the company grew to 16 tractors and 36 trailers. Some of the most important clients are the U.S. Government, automotive, electronic, and plastic industries. The company has four locations: Cleveland, OH, Los Angeles, CA, St. Louis, MO, Bayonne, NJ (Apollo Group, Inc. 2011). The company grew through the increase of internal sales, and the acquisition of five different carriers from the East. Up until now, this growth has enabled the Huffman Trucking to continue to be privately held. Huffman Trucking now wants to expand operations and is considering three separate options to do so. This paper will compare Huffman’s options to go public, acquire another organization within the same industry, or merge with another organization. Going Public By going public the Huffman trucking company will improve its liquidity, gain more acquisition opportunities, as well as the ability to gain capital at a lower cost ("Going Public Experts", nd). The process of going public is not all beneficial; some of the down sides are the extensive time needed to complete the process. Furthermore, the payments of millions of dollars in fees such as legal, accounting, printing, listing, filing, along with the government fees pay to meet the tough standards regulation for public companies. Through the years, the regulations have become very strict, and demanding (Wasserman, 2012).More opportunities open up as a result of going public;...
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...estimates? List as many factors as you can. | | 6.55 | Q1, Q8Costs of workplace health and safety Britain’s Health and Safety Executive (HSE) is a national regulatory body overseeing workplace health and safety. In its 2007 performance report, HSE reported the following statistics: * 241 workers were killed at work. * 141,350 employees suffered serious injuries at work. * 2.2 million people were suffering from an illness they believed was caused or made worse by their current or past work. 646,000 of these were new cases in the last 12 months. * 36 million days were lost overall (1.5 days per worker), 30 million due to work-related ill health and 6 million due to workplace injury. * £20 billion (approximately 2% of GDP) is the estimated annual cost to society of work-related accidents and ill health.To promote improved health and safety, HSE provides strategic direction, investigates and enforces regulations, and works with employers and other groups to promote better workplace...
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...Shift Supervisor. 1.02 With an employee’s agreement, he or she may fill the role of Shift Supervisor on a temporary basis. ARITCLE 2-Union Security 2.01 The employer shall not deduct from the wages of each employee in the bargaining unit the amount of union dues as determined by the union and remit the dues to the union in accordance with article 2.02 2.02the amount deducted in accordance with article 2.01 shall be remitted to the union within a reasonable period of time after the deductions are made and shall be accompanied by a list of names of all employees from whom deductions have been made. ARTICLE 3- Management Rights 3.01 The union recognizes the right of the employer to operate and manage its business in all respects, to maintain order and efficiency in its facilities, to determine the location of its facilities, the work to be performed, the methods and schedules of performances and equipment to be used. The union further acknowledged that the employer has the right to make, and alter from time to time, reasonable rule, regulations, and policies to be observed by employees. Such rules, regulations, and policies shall not be inconsistent with the provisions of this agreement. All changes in the posted rules and regulation and policies must be discussed with the union prior to being implemented. The Employer will provide the union with copies of all new policies and change to existing policies prior to implementation. The union acknowledges is that it is the...
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