IRS Adoption of XBRL Table of Contents Introduction 3 Interactive Data 3 A Common Standard 3 Multi-lingual Feature 4 XBRL GL 4 Benefits 5 Accuracy 5 Traceability 5 Predictability 6 Obstacles 6 Around the World 7 HMRC iXBRL 7 Netherlands Taxonomy Project 7 Standard Business Reporting 8 Partners 8 Conclusion 9 Reference List 10 Introduction eXtensible Business Reporting Language (XBRL), the standard for electronic communication
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“Discuss and explore issues surrounding the recognition of elements in financial statements” Contents Title: 3 Introduction & Objectives 3 Definitions 5 Recognition 5 Measurement 6 Discussion 6 Revenue Recognition (IAS 18) 6 Property, Plant and Equipment (IAS 16) 8 Xerox Revenue Recognition Scandal 9 Recognition in the Annual Statements 10 Conclusion 13 Bibliography 14 Appendices 17 Appendix 1 – Standards from IASB 17 Appendix 2 – Proposed plan for FASB and IASB
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62 p. 68 Work Using the Decision Toolkit Review Summary of Study Objectives Work Comprehensive Do it! p. 72 Answer Self-Test Questions Complete Assignments Go to WileyPLUS for practice and tutorials Read A Look at IFRS p. 96 study objectives After studying this chapter, you should be able to: 1 Identify the sections of a classified balance sheet. 2 Identify and compute ratios for analyzing a company’s profitability. 3 Explain the relationship between a retained earnings statement and a statement
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NOKIA MARKETING PLAN PROJECT INTRODUCTION Nokia was founded in 1865 as a paper mill in Finland. It went on to establish it’s self as a renowned mobile phone manufacturer and one of the most powerful brands in the world. In 1992 Nokia shifted its focus to primarily telecommunications and appointed Jorma Ollila as its CEO. Six years later in 1998 Nokia had established it’s self as the world’s largest mobile phone manufacturer with a turnover of 31 billion. In 2006, Olli-Pekka Kallasvuo replaced
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liability, owner’s equity, revenue, or expense are recorded and stored. Account analysis An account analysis is the identification of each important item and amount in an account followed by document vouching and inquiry to determine whether amounts should be classified elsewhere. Account balance An account balance is the difference between the increases (including the
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liability, owner’s equity, revenue, or expense are recorded and stored. Account analysis An account analysis is the identification of each important item and amount in an account followed by document vouching and inquiry to determine whether amounts should be classified elsewhere. Account balance An account balance is the difference between the increases (including the beginning balance) and decreases recorded in the account. An account
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.......................................................................................................... 6 Financial accounting and reporting in the United States ................................................................................ 6 IFRS and U.S. GAAP comparison ................................................................................................................. 6 Overall financial statement presentation .................................................................
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P1 From: Assistant Accountant To: Manager Date: 23rd January 2015 Subject: Describe how legislation and accounting concepts affect an organisation’s accounting policies. In this report I will be describing how legislation and accounting concepts, could affect a business company’s accounting policies. I will also be talking what Acts contain, concepts and their importance, and also accounting policies. I will be supporting my work with examples. Legislation is the law that has been made and
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ACCOUNT CLASSIFICATION AND PRESENTATION Account Title Accounts Payable Accounts Receivable Accumulated Depreciation—Buildings Accumulated Depreciation—Equipment Advertising Expense Allowance for Doubtful Accounts Amortization Expense Bad Debt Expense Bonds Payable Buildings Cash Common Stock Copyrights Cost of Goods Sold Debt Investments Depreciation Expense Discount on Bonds Payable Dividend Revenue Dividends Dividends Payable Equipment Freight-Out Gain on Disposal of Plant Assets Goodwill Income
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Citation: 18 Duke J. Comp. & Int'l L. 151 2007-2008 Content downloaded/printed from HeinOnline (http://heinonline.org) Thu Oct 17 14:15:18 2013 -- Your use of this HeinOnline PDF indicates your acceptance of HeinOnline's Terms and Conditions of the license agreement available at http://heinonline.org/HOL/License -- The search text of this PDF is generated from uncorrected OCR text. -- To obtain permission to use this article beyond the scope of your HeinOnline license, please use: https://www
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