Introduction The globalization of the world economy led to the escalation of cross border investment opportunities. This, in turn, made the need of financial information essential in international capital market. Relevant and reliable financial information aids in making economic decisions relating to the reporting entity. Also enables its users to measure and quantify the economic and financial aspects of an enterprise. Kothari and Barone (2006:23) believe that 'accounting is becoming increasingly
Words: 2766 - Pages: 12
Accounting Theory • Docent Machteld Van den Bogaerd machteld.vandenbogaerd@kuleuven.be • Cursusmateriaal – handboek (aanbevolen – niet verplicht) Accounting Theory (Godfrey et al., 2010) – Toledo wetenschappelijke artikels, handouts, etc. Accounting Theory • Examen (75% vd score) – schriftelijk examen – gesloten boek – duurtijd: 2 uur – combinatie multiple choice & open vragen Accounting Theory • Opdracht (25% vd score) – literatuurstudie rond een welbepaald thema in groep
Words: 1755 - Pages: 8
Contents Contents Page………………………………………………………………………………………………………………………………………….1 Main Body……………………………………………………………………………………………………………………………………………….2 1. Harmonisation – what it means……………………………………………………………………………………………….…2 2. IASB’s reasoning for financial reporting harmonisation…………………………….………………………………..3 3. Approaches to harmonisation………………………………………………………………………..…………………………..4 4. Obstacles in harmonisation………………………………………………….……………………………………………………..6 5. The convergence between IASB and
Words: 3025 - Pages: 13
Fakultät Sozial- und Wirtschaftswissenschaften Lehrstuhl für Betriebswirtschaftslehre, insbesondere Internationale Rechnungslegung und Wirtschaftsprüfung Prof. Dr. Brigitte Eierle Seminar Internationale Rechnungslegung und Wirtschaftsprüfung IFRS 13 – Kritische Würdigung |Name, Vorname : |Reimers, René | | |Matrikel-Nr: |1677578 |
Words: 6260 - Pages: 26
Balance sheet optimisation under Basel III ING Investor Day Koos Timmermans Vice Chairman ING Bank Amsterdam – 13 January 2012 Priorities 1 2 3 Transition to Basel III Balance sheet optimisation Return on Equity ING Investor Day - 13 January 2012 2 Strategy for the coming years is based on two phases 2012 End 2013 2015 Bank: Transition to Basel III • Manage through the crisis • Limit B/S and RWA growth • Execute B/S optimisation • Invest where needed to achieve operational
Words: 1997 - Pages: 8
Faculty of Business & Society Assignment Cover Sheet | | Module Code: | AF3S21 | | Module Tutors: | Ricky Li | | | | | | | Module Title: | International Issues of Accounting | | | | | | | Submission Date: | Sunday, 11:59pm, 12th May, 2013 | | Return Date: | You work will be returned within 20 working days of the date of submission. | | | | | | | | | | | | Plagiarism Advice:You must not engage in plagiarism when completing your coursework as it
Words: 1159 - Pages: 5
Overview atas Conceptual Framework dalam laporan keuangan Dalam SAK (2012), laporan keuangan merupakan bagian dari proses laporan keuangan. Laporan keuangan yang lengkap biasanya meliputi, neraca, laporan laba/rugi, laporan perubahan posisi keuangan (yang dapat disajikan dalam beberapa cara misalnya, sebagai lapoan arus kas, atau laporan arus dana), catatan dan laporan lain serta materi penjelasan yang merupakan bagian integral dari laporan keuangan. Disamping itu juga termasuk skedul dan informasi
Words: 3349 - Pages: 14
Week 1 Financial reporting and its analysis has an important role in the information intermediaries (auditors, press, financial analysts) and financial intermediaries (banks, insurance companies, mutual funds) functioning. Information intermediaries and financial intermediaries use the information from the financial reports to investigate the investment opportunities and find the “good” ones (Palepu, Healy & Peek, 2013). The “lemons” problem explains the problem in identifying the “good” and “bad”
Words: 745 - Pages: 3
Name: Fernandez Augusthus Form: six Subject: Accounting Title: Financial Statements and Analysis Linval’s Hardware Acknowledgements I would first like to acknowledge God, for giving me divine wisdom and understanding and strength to complete this research. I would like to thank the owner of Linval’s Hardware for his time and co operation, and resources which aided me greatly in this project. I would also like to thank my mother who has been by my side throughout this research. Introduction
Words: 1735 - Pages: 7
IFRS in the United States: If, When and How Donna L. Street s described by Erchinger (2012), for decades various United States (US) Securities and Exchange Commission (SEC) Chairs and Chief Accountants have expressed support for the development of one set of globally accepted accounting standards. Since the formation of the International Accounting Standards Board (IASB) in 2001, SEC leaders have repeatedly indicated that the logical choice for globally accepted standards is the International
Words: 14732 - Pages: 59
