FINANCIAL REPORTING AND COST CONTROL GROUP-3 PRESENTED BY:AKSHAY ESHAA RANJAN SAI CHARAN SHARATHCHANDRA H J VIKASH INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS) CONTENTS :INTRODUCTION OBJECTIVES OF IFRS STANDARDS OF IFRS WHY IFRS IS PREPARED ? ADVANTAGES AND DISADVANTAGES INDIAN ACCOUNTING STANDARDS Differences between ifrs , ind gaap and us gaap INTRODUCTION :- IFRS is set if international accounting standards developed by IASB (International Accounting
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love for junk and fast food is the culprit behind this country having one of the unhealthiest populations any continent has to offer. This fascination of fast food had to start somewhere. Not only that but so did awareness that this particular industry may single handedly be responsible for obesity in this country. There are few topics actually that will help to understand this phenomenon a little further beyond the awareness of fast food. There was legislation that was passed that was supposed
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Coco Cola is one of the largest known companies in the world and uses "Bar Code Software, Inc" as their source of inventory. They are able to track each of their products through a tracking system in which lets them know when to reorder whatever product for each vending machine that is located in the United States. The actually system itself is called "Track-it.", and they were able to access all the information on locations of each vending machine through computers at Coco Cola. Track it consists
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causing destruction to the environment or becoming wrapped up in ethical violations of their employees. The following will review the sustainability and ethical practices of two leading brands, General Motors (GM) and Nissan. General Motors is based out of Detroit, Michigan, and produces brands that include Chevrolet, Buick, GMC, Cadillac, and others. Nissan is headquartered in Nishi-ku, Yokohama, Japan. These two companies are fairly different in focus. General Motors relies heavily on truck
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1. Describe clearly the accounting changes Harnischfeger made in 1984 as stated in Note 2 of its financial statements. The following summarize the accounting changes made and noted by Harnischfeger: a. Included equipment purchased and resold from Kobe LTD in net sales (full sales amount) as opposed to disclosing only margin. Since the purchase of equipment from Kobe Steel, Ltd. was for the purpose of resale (vs. use or lease), this change more accurately reflects net sales. b. Financial
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Caribbean islands because of the recognition that exportation of bananas maks up to 50% of the islands’ revenue, allowing for free trade. This business arrangement was beneficial for both parties. Due to competition of a larger TNCs, whose business was based in Latin America, they filed a complaint to WTO stating that they were being subjugated by unfair tariffs and quotas of the European Union. WTO ruling in favor for the larger exporter, the Windward Isles’ share of the UK market dropped drastically
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Change Is the Only Constant Review Questions 1. What factors contribute to the rapid pace of change in business? Is the pace likely to accelerate or decrease over the next decade? Why? Industries, and technologies rise and the also fall sometimes. In the next decade most Industries and Technologies will accelerate with the common buying of things. 2. What role does entrepreneurship play in the economy? Who stands to gain from the success of individual entrepreneurs? How
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Overview Capitalism is the combination of many actions that provides the economic structure such as the changing balance of output, trade, income and employment. This is based on private ownership by means of corporations or individuals. There are many types of capitalism. This essay discusses two types of capitalism that are currently being debated in the media, State capitalism and liberal capitalism. This essay also investigates whether the South Africa is really state capitalism or are they
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Container Industry Container logistics involves supply, transportation, packaging, storage along with security of a container into a distribution system which moves from the source to user. There are several container types catering to different needs which include: 1. General purpose dry cargo containers for boxes, cartons, sacks, cases, pallets, bales, drums in standard height or half height. 2. Open top containers for , heavy machinery , bulk minerals etc. 3. Insulated Containers
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Description 2. Whitehaven Coal Ltd’s Performance Vs ASX200 Energy Index 2.1 Profitability Ratios 2.2 Asset Utilization Ratios 2.3 Capitalisation Ratios 2.4 Market Ratios 3. Quality of Financial Data 4. Revenue & Profitability Growth Forecast 4.1 Industry Life Cycle 4.2 Sustainable Growth Rate 4.3 Macroeconomic and Technological Factors Affecting Growth Rate 5. Business Risks: Porter’s 5 Forces 5.1 Threat of New Entrants 5.2 Bargaining Power of Suppliers 5.3 Bargaining Power of Buyers 5.4 Threat of
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