communication model can be used to deal with the key stakeholders. The two main communication problems that the company faced were financial transparency and unethical actions within the company. Financial transparency affected the company as the company and the stakeholders were not on the same page, as the company did not properly share the correct financial information with the stakeholders of the company. The unethical actions also affected the company as the poor communication between the
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Is due to consider the income of Lighthouse like a hybrid between equipment and service, like a single package? • Which is the effect to have two contracts? II. FSAB Applicable to Lighthouse Case. At the moment there are several FASB (Financial Accounting Standard Board) ansd its ASC (Accounting Standard Codification) applicable to the presented situation. Also settle down some SEC (Staff Accounting Bulletin) and EITF (Emerging Issues Task Force) applicable to the controversy.
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THE IMPACT OF FINANCIAL REGULATIONS ON MERGERS & ACQUISITION OF BUSINESSES. Presented By Kofi Frimpong-Aninakwa To Dr Jeffrey Glover California Intercontinental University September, 2014 Abstract In the current global economy, corporations do businesses within their domiciled countries or have become transnational and have to perform at a multinational level. In order to achieve such expansion, corporations acquire other companies or merge
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pocket guide 2009 Global guide to IFRS providing comprehensive practical guidance on how to prepare financial statements in accordance with IFRS. Includes hundreds of worked examples and extracts from company reports. The Manual is a three-volume set comprising: • Manual of accounting – IFRS 2010 • Manual of accounting – Financial instruments 2010 • Illustrative IFRS corporate consolidated financial statements for 2009 year ends Provides a summary of the IFRS recognition and measurement requirements
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[pic] SOUND FINANCIAL REPORTING IS A GOOD THING FOR BRINGING CONFIDENCE BACK TO THE CORPORATE WORLD Submitted By: Ahmed Shafiul Huq 801414063 Principle of Accounting (EIB505) Section: B Executive Master of Business Administration Submitted To: Mr. Mohammad Rakib Uddin Bhuiyan Assistant Professor
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W Accounting Standards Boards Miranda Arnold ACC/541 Cecil Lucy March 17, 2014 Accounting Standards Boards The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) first converged in 2002 following the Norwalk Agreement (Whittington, 2007). The convergence was inspired by the need of the boards to produce a solid infrastructure by uniting the two frameworks represented by each board in a bid to harmonize
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lead to consistent accounting standards and underlie the preparation and presentation of financial reports. Only CF and SAC 2 deal with the objective of GPFR (Mala 2013, pp. 12-6). There is no clear definition of the objectives of GPRF in the Conceptual Framework but according to the CF’s guideline and SAC 2 there are few objectives that GPRF should be met: OB1. GPFR should be able to provide useful financial information to potential and existing investors, capital providers and lenders in order
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ACC 557 Complete Assignments 1 ,2 and 3 To Purchase all Assignments please follow The Link Below http://www.homework-aid.com/ACC-557-Complete-All-Assignments-12-3-Strayer-152.htm ACC 557 Assignment 1: Review of Accounting Ethics Purchase Assignment 1 here Many organizations have been in the news over the past few years due to accounting ethical breaches that have affected their customers, employees, or the general public. Search the Internet or the Strayer Library to locate a story in
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Entity Concept A concept of accounting that limits the economic data in the accounting system to data related directly to the activities of the business. Business Transaction An economic event or condition that directly changes an entity’s financial condition or directly affects its results of operations. Capital Stock The portion of a corporation’s stockholders’ equity contribution by investors (owner) in exchange for shares of stock. Certified Public Accountant (CPA) Public accountants
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that the idea of International Convergence of Accounting Standards is not new. At first, the convergence focused on the principles used in major capital markets around the world. By the 1990s, the idea of harmonization was replaced by the notion of convergence and the International Accounting Standards Committee was formed in 1973, which was the first international standards-setting body. The FASB and the IASB have been working together toward convergence since 2002. The Financial Accounting Standards
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