FINALE ACC205: Principles of Accounting I February 17, 2014 FINALE INTRODUCTION In this finale paper of the ending of this course,
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prove in a reliable way is that in terms of technical aspects, the intangible asset will be used or sold. Also they need to prove the intention to finish the project, use it or sell it. Likewise, they have to indicate how this asset will generate future economic benefits (a market to the intangible asset or the result obtain of it.). Furthermore, they have to be able to measure reliably the expenditure attributable to the intangible asset during its development. After the analysis of the impact of
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International Journal of Accounting & Information Management The role of corporate governance in convergence with IFRS: evidence from China Yu Chen Zabihollah Rezaee Downloaded by UNIVERSITI MALAYSIA SABAH At 05:16 06 October 2015 (PT) Article information: To cite this document: Yu Chen Zabihollah Rezaee, (2012),"The role of corporate governance in convergence with IFRS: evidence from China", International Journal of Accounting & Information Management, Vol. 20 Iss 2 pp. 171 - 188 Permanent
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spi94029_apps.qxd 9/28/05 1:10 PM Page 1148 Rev.Conf Confirming Pages APPENDIX B FedEx Financial Statements FEDEX CORPORATION CONSOLIDATED STATEMENTS OF INCOME (In millions, except per share amounts) 2004 Years ended May 31, 2003 2002 REVENUES Operating Expenses: Salaries and employee benefits Purchased transportation Rentals and landing fees Depreciation and amortization Fuel Maintenance and repairs Business realignment costs Airline stabilization compensation Other
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$ 90,000 An incorrect inventory balance causes the reported value of assets and owner's equity on the balance sheet to be wrong. This error does not affect the balance sheet in the following accounting period, assuming the company accurately determines the inventory balance for that period. Errors in inventory do not affect the Liabilities that Loch Ness Ltd has, instead only the owner’s equity and subsequently Assets. Retained earnings are also affected. Below is a list of tables that shows
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Analysis An increase in the total assets in 2010 by 18.28% as compared to base year 2009 can be attributed to the large percentage of increase in noncurrent assets. These accounts include intangible assets, goodwill, and other noncurrent assets. In addition to those, some current accounts such as prepaid expenses and biological assets contributed also to the increase in total assets. Using 2010 as a base year, there was a 28.27 % increase in total assets by 2011. This is largely attributable
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Sheet (000s) as of 12/31/x2 as of 12/31/x1 ASSETS Current assets Cash and cash equivalents $135,000 $110,000 Trade receivables 70,000 62,000 Inventories 65,000 58,000 Other current assets 8,000 31,000 Total current assets 278,000 261,000 Non-current assets Property, plant, and equipment 275,000 260,000 Goodwill 40,000 40,000 Other intangible assets 72,000 70,000 Total non-current assets 387,000 370,000 Total assets $665,000 $631,000 LIABILITIES AND EQUITY
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Introduction to Business 2012/2013 Tuesday, 9 October 2012 TOPIC: Business Assets – Part 1 Dr Darja Peljhan ASSETS ASSETS are only those INPUTS that are owned by the company. • All assets are property of a company and are recorded in the balance sheet. Not all inputs are also assets! • In economics: we talk about physical production and inputs inputs are typically capital and labour, by capital we mean “physical” capital (property, plant, equipment) and not “financial”
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(Capital Finance) Regulations 1997. No leasing or credit arrangement as defined by the LA(CF)R 1997 shall be entered into without the approval of the Director of Finance. Any service using an asset will be charged with a cost of capital employed which represents interest foregone in owning the asset and depreciation, representing the proportion of the asset’s useful life consumed in the year in question. Current Position The LGHA has now effectively been replaced by the Local Government
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24-01-12 Assets: In common term, assets mean any tangible and intangible objects which have value to its processor. It can be defined as a source for future economic benefits or control past events. Tangible assets include plants, machineries, cash, trading stocks, and debtors. Intangible assets include goodwill, patents, copyright and trademark. Deferred debit also an asset. Cause it is treated as an asset to create income in future time. Liabilities: Liabilities are claims against assets that
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