Version 24 August 2009 ____________________________________________________________ _____________ We thank Wendy Hsu, Tasha Grieve, Dessalegn Mihret, Lalith Seelanatha and Anthony Vu for data collection assistance. We also acknowledge the financial support of the Accounting and Finance Association of Australia and New Zealand (AFAANZ), UWA Business School and the University of Southern Queensland. We thank Millicent Chang, John Holland, Izan and seminar participants at Monash University and
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Letter of Submission To The dean Faculty of Business studies Department of Business Administration Premier University, Chittagong Subject: Submission of the term paper Sir, It gives me immense pleasure to submit my term paper on “Application of Accounting Standard” of “Bank Asia limited” which was assigned to me as a fulfillment of the degree “Bachelor of Business Administration”. I tried to extend the report to a successful one. In this case I used my knowledge gaining
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have led to proposals for fundamental changes in corporate reporting practices. A variety of new information types are been demanded, in particular forward-looking, non-financial and soft information. Openness and transparency in annual reporting on an unprecedented scale may be inevitable with the adoption of International Financial Reporting Standards (IFRS) and Nigeria’s commitment to adopt IFRS; Nigerian companies will have no alternative but to bring themselves up to speed. One way is to ensure
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No. S7-27-08] RIN 3235-AJ93 ROADMAP FOR THE POTENTIAL USE OF FINANCIAL STATEMENTS PREPARED IN ACCORDANCE WITH INTERNATIONAL FINANCIAL REPORTING STANDARDS BY U.S. ISSUERS AGENCY: Securities and Exchange Commission. ACTION: Proposed rule. SUMMARY: The Securities and Exchange Commission (“Commission”) is proposing a Roadmap for the potential use of financial statements prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting
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| * | * 945 | * | | * Harnischfeger Corporation Teaching Note INTRODUCTION The purpose of the "Harnischfeger Corporation" case is to expose students to the managerial motives for making major financial reporting policy changes. Generally accepted accounting principles (GAAP) allow companies wide latitude in the choice of accounting policies. After a firm chooses a set of accounting policies, current accounting rules permit changes from one
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Harnischfeger Corporation Teaching Note INTRODUCTION The purpose of the "Harnischfeger Corporation" case is to expose students to the managerial motives for making major financial reporting policy changes. Generally accepted accounting principles (GAAP) allow companies wide latitude in the choice of accounting policies. After a firm chooses a set of accounting policies, current accounting rules permit changes from one alternative policy to another at the discretion of the management
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STUDY MATERIAL Integrated Professional Competence Course PAPER : 1 ACCOUNTING VOLUME – I BOARD OF STUDIES THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA This study material has been prepared by the faculty of the Board of Studies. The objective of the study material is to provide teaching material to the students to enable them to obtain knowledge and skills in the subject. Students should also supplement their study by reference to the recommended text books. In case students need
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figures 18 Statement by the Management on the annual report 19 Independent auditor’s report 20 Structure, management and directorships 25 Directors’ report, Bang & Olufsen a/s Group 31 Branded business 33 Business-to-business areas 35 Expectations for the 2009/10 financial year 37 Knowledge resources 43 Environment 47 Corporate Governance 49 Shareholder information 53 Statements sent to NASDAQ
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C H A P T E R 2 CONCEPTUAL FRAMEWORK FOR FINANCIAL REPORTING LEARNING OBJECTIVES After studying this chapter, you should be able to: •1 •2 •3 •4 Describe the usefulness of a conceptual framework. Describe efforts to construct a conceptual framework. Understand the objective of financial reporting. Identify the qualitative characteristics of accounting information. Define the basic elements of financial statements. •6 •7 Describe the basic assumptions of accounting. Explain the
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PERKEMBANGAN STANDAR AKUNTANSI KEUANGAN INDONESIA MENUJU INTERNATIONAL FINANCIAL REPORTING STANDARDS Rindu Rika Gamayuni ABSTRACT The Indonesian Financial Accounting Standards needs to adopt IFRS, so that the Indonesian financial reports can be accepted globally and the Indonesian companies are able to enter the global competition to attract the international investors. Currently, the adoption by Indonesian PSAK is in the form of harmonization, which means partial adoption. However, Indonesian
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