Royal Dutch Shell Exxon Mobil Team #1: EXECUTIVE SUMMARY Exxon Mobil Corporation (ExxonMobil) is an oil and gas company. It is the world’s largest integrated oil company. The company carries out the exploration and production of oil and gas; refining, transportation and marketing of oil and natural gas; and manufacture and sale of petroleum products. ExxonMobil also has interests in petrochemicals and electricity generation facilities. The company operates through three reportable business segments
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that staffs need to balance life and work so offer flexible starting times and core hours. Rewards and Recognition: Staffs want to be acknowledged for a job well done. Rewards and recognition react to this need by authenticating performance and motivating staff toward continuous development. Rewarding and recognizing individuals for performance not only affects the individual being recognized, but others in the business as well. Need for Rewards and Recognition Recognition should be part of
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即企業所擁有的資源，包括各種財產、債權和其他權利，由企業所控制，並能為企業帶來經 濟利益，通常分為流動資產和長期資產。 Assets are resources a business owns. The business uses its assets in carrying out such activities as production and sales. It usually contains current assets and long-term assets. 3)資產負債表(Balance sheet, Statement of Financial Position) 為會計上重要的財務報表，能夠顯示某一特定日期之資產、負債和業主權益，能夠幫助了解 企業的經營狀況。 A statement of financial position reports the assets, liabilities, and equity of a company at a specific date to help investors realize the management of
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IFRS and US GAAP: similarities and differences IFRS readiness series October 2012 Table of contents The heart of the matter 2 US financial reporting will change significantly within the next several years An in-depth discussion 4 Examining the implications IFRS affects US businesses in multiple ways What this means for your business 6 Anticipate and manage the change What companies can and should do now October 2012 The heart of the matter US financial
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Qklhokn 1 Accounting Theory Paper-8 M. Com. (Final) Directorate of Distance Education Maharshi Dayanand University ROHTAK – 124 001 2 jktuhfr foKku Copyright © 2004, Maharshi Dayanand University, ROHTAK All Rights Reserved. No part of this publication may be reproduced or stored in a retrieval system or transmitted in any form or by any means; electronic, mechanical, photocopying, recording or otherwise, without the written permission of the copyright holder. Maharshi
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outcome (Randall and Donald 355). Throughout the early months of the conflict, the reaction of Europe was of great interest to both sides; Queen Victoria's Great Britain, in particular. Would Queen Victoria recognize Confederate independence? Such recognition would legitimize the Confederacy and provide it with allies who could furnish weapons and supplies the Southern cause desperately needed (Davis 197). At the outbreak of the war, most foreigners were poorly informed about America, according to
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Standard), a complete set of financial statement comprises of: * A statement of financial position (balance sheet) * A statement of comprehensive income for the period (income statement) * A statement of cash flow * A statement of changes in equity * Notes comprising a summary of significant accounting policies and other explanatory information. * A statement of financial position (Balance sheet) as at the beginning of the earliest comparative period when an entity applies an accounting
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process that culminates in the preparation of financial reports on the enterprise for use by both internal and external parties * Users – investors, creditors, managers, unions, and government agencies * financial statements – (1) the balance sheet, (2) the income statement, (3) the statement of cash flows, and (4) the statement of owners’ or stockholders’ equity * president’s letter or supplementary schedules in the corporate annual report, prospectuses, reports filed with government
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realizable value minus the normal profit is placed on an item. The GAAP requires that all inventory that is in reserve being stated and value at either the cost or the market value method. (Lower Cost of Market Method) Sometimes an adjustment must be made to the balance sheet when the cost of the inventory is higher than the market value. When a company’s inventory is under the lower of cost or market value the contra asset inventory account is used. This is a balance sheet account used to report
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Accounting Presentation Group members The Accounting Information of System The Personnel, procedures, devices, and records used by an organization to develop accounting information and communicate that information to decision makers The accounting process Economic activities Accounting “links” decision makers with economic activities and with the results of their decisions. Decision makers Accounting information Actions (decisions) Types of Accounting Information
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