FAIR VALUE MEASUREMENT: IMPLEMENTATION ISSUES AND CHALLENGES (PART 1) (by Tuam Kwok Choon and Ng Kean Kok) INTRODUCTION Since the promulgation of fair value accounting by the International Accounting Standards Board (IASB), the subject matter has been hotly debated by industry players and professionals of the accounting fraternity the world over. Many problems and pitfalls have been highlighted on the "mark-to-market" premise. For example, David Gwilliam and Richard H.G. Jackson (2008) noted that
Words: 2356 - Pages: 10
Health Insurance Portability and Accountability Act 1 Health Insurance Portability and Accountability Act Health Insurance Portability and Accountability Act of 1996 Other short title(s) Long title Kassebaum-Kennedy Act, Kennedy-Kassebaum Act An Act To amend the Internal Revenue Code of 1986 to improve portability and continuity of health insurance coverage in the group and individual markets, to combat waste, fraud, and abuse in health insurance and health care delivery, to promote
Words: 7409 - Pages: 30
Green Banking Initiative: Opportunities for Bangladesh Dr. S M Ahsan Habib Professor and Director (Training & Research), BIBM The paper was presented at a seminar on Green Banking at BIBM on October 14, 2010 Green Banking Initiative: Opportunities for Bangladesh I. Introduction Banks that were once seen only as profit motive institutions have been adjusting to a more demanding market and to a more conscious society
Words: 16618 - Pages: 67
grade the student from his earlier reports or should he take into account the information he has just received from the other students. Apparently, he was not convinced enough by Leo Watson’s thought paper, so he advised him to incorporate more of the findings on ethnic discrimination into his papers and provide more complex perspectives. In other words, Watson was to provide more information from viewing the world through another person’s eyes. As a result, he might have taken the idea far enough
Words: 1466 - Pages: 6
enterprise, all the relevant financial information, presented in a structured manner and in a form easy to understand, are called the financial statements. They typically include four basic financial statements, accompanied by a management discussion and analysis: 1. Statement of Financial Position: also referred to as a balance sheet, reports on a company's assets, liabilities, and ownership equity at a given point in time. 2. Statement of Comprehensive Income: also referred to as Profit and Loss
Words: 4608 - Pages: 19
eco-friendly recyclable and bio-degradable paper CONTENTS FOREWORD BY MINISTER OF FINANCE II, MALAYSIA MESSAGE FROM CHAIRMAN OF THE SECURITIES COMMISSION MALAYSIA INTRODUCTION CHAPTER 1 v vii 1 5 SHAREHOLDER RIGHTS CHAPTER 2 13 ROLE OF INSTITUTIONAL INVESTORS CHAPTER 3 21 THE BOARD’S ROLE IN GOVERNANCE – – – – ROLES AND RESPONSIBILITIES INDEPENDENCE OF THE BOARD COMPOSITION OF THE BOARD COMMITMENT OF BOARD MEMBERS 43 CHAPTER 4 DISCLOSURE AND TRANSPARENCY CHAPTER 5 53 ROLE
Words: 27564 - Pages: 111
quick-service restaurants has been balanced by the number of individuals who opt to eat at home to decrease their costs of eating out. Further, costs for quick-service restaurants have increased. According to Standard and Poor’s (2012), increases in food and paper costs this past year, have resulted in lower operating margins as restaurants are assuming the costs rather than increasing the cost of food for consumers. According to Jim Yin (n.d.), CFA, “Year to date through February 17, the S&P Restaurants
Words: 760 - Pages: 4
investors. The King III Code of reporting emerged was incepted in response to the promulgation of the Companies Act of 2008 and designed to be usable by all entities. The Annual Financial Reports on financial performance, sustainability and governance disclosures often fell short to draw the relationship between the organisation’s corporate strategy, financial performance and the performance on the environmental aspects, IRCSA (2011). In addition to this is the fact that financial information is not sufficient
Words: 3247 - Pages: 13
Case Analysis: The iPremier Company - Denial of Service Attack Matthew M. Lambert Introduction: The e-commerce landscape is littered with the remnants of companies that didn’t survive the meteoric dot com boom and subsequent bust that began in the late 1990s. iPremiere Company, however, was the exception to the rule. Created by two college students in 1996, the web-based company had solidified its business position as a top online retailer of high-end, luxury goods with $32 million in sales and
Words: 1167 - Pages: 5
Assignment Critical Analysis Paper Contract Breach (Old) For more course tutorials visit www.tutorialrank.com Consider a situation in which you or someone you know engaged in a written or oral contract containing specific performance requirements from the contractor providing business services. In the situation, the contractor breached one or more of the contract performance requirements. Using the six essential elements of an enforceable contract, provide a thorough analysis of the situation
Words: 2525 - Pages: 11
