Accounting | November 26 2012 | Topic- Conceptual Framework Name: Kashish Jashnani HW ID: H00114889 Conceptual Framework Introduction Conceptual framework is defined as the “a coherent system of interrelated objectives and fundamentals that can lead to consistent standards and that prescribes the nature‚ function‚ and limits of financial accounting and financial statements.” [wiley.com‚ 2002]. The conceptual framework is needed in the accounting body due to two reasons
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Physical and Technological Resources used by Sainsbury’s Physical Resources Physical resources are the tangible parts of the company which are: materials and waste‚ plant and machinery‚ equipment including ICT‚ planned maintenance and refurbishment‚ Emergency provision‚ Insurance and Security. Buildings and Facilities: Sainsbury’s have over 1‚200 stores that cater for different purposes. They have Convenience stores‚ concessions‚ supermarkets and mixed use developments. They have over 600 convenience
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students’ achievement‚ persistence‚ and confidence in mathematics. Following are some literature and the findings of studies related to the concern of this paper. On Modular Instruction It is a fact that no two individuals are alike in their physical‚ mental‚ and emotional development: one may grow faster‚ another can easily recognize
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Unit 2 - M1 In this document i will be explaining how three different types of resources human‚ physical and technological resources can improve the performances of Prototec Display System Limited and i will also give examples on how it improves it so that aims and objectives can be achieved. Human Staffs improve the performances of Prototec Display System Limited as they can operate machinery everyday and monitor them so they can quickly notice if something goes faulty or a problem occurs with
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INTRODUCTION Before conceptual framework is formed‚ companies prepared their financial report by their own methods. As to increase the utility of the financial report to the users for making economic decisions‚ conceptual framework is begun to develop by various professional bodies and organizations. 2. DEVELOPMENT OF CONCEPTUAL FRAMEWORK In 1970s‚ Financial Accounting Standards Board (‘FASB’) of United States began to develop a conceptual framework. The FASB defined the conceptual framework as
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An Assignment on Conceptual Framework of Accounting An Assignment on Conceptual Framework of Accounting Course Name: Financial Accounting-II Course Title: MGT-204 Submitted By: Md. Nazrul Islam ID#2340 2nd Batch Department of Management Studies Submitted To: AKM Anisuzzaman Lecturer‚ Dept of Accounting & Information Systems Jahangirnagar University‚ Savar‚ Dhaka Date of Submission:____May 2013 Conceptual Framework: A conceptual framework establishes the concepts
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School of Management Semester 1‚ Academic Session 2013/14 ACW 367: Accounting Theory & Issues THE CONVERGENCE TO A GLOBAL ACCOUNTING STANDARD LECTURER: PROFESSOR DR. FAUZIAH MD. TAIB GROUP MEMBERS: BIL NAME MATRIC NO. 1 MUHAMAD FAZLULLAH B MUHAMAD NAZRI 108548 2 SITI NUR AMIRAH BT SAIKH MD NOR 108569 [ACKNOWLEDGEMENT] Through this opportunity‚ we would like to thank Professor Dr. Fauziah Md. Taib‚ our ACW367’s lecturer because she gave us a lot of valuable information
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Final Examination——Microsoft Tinmin Yeung B3A81 49905881 THE SUMMARY OF THE CASE Firstly‚there is no doubt that Microsoft is quit successful in China.Because China is a very large market.Between 2002 and 2007‚Microsoft sales and revenue grew more rapidly in the Greater China region than in andy other market in the world.But Microsoft also meet a lot of challenges‚patent‚piracy and political. From Microsoft itself‚it is the world’s best.He gets the absolutely monopoly position.He draw up
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Microsoft What is Microsoft? Microsoft Corporation is an American multinational software corporation headquartered in Redmond‚ Washington that develops‚ manufactures‚ licenses‚ and supports a wide range of products and services related to computing. The company was founded by Bill Gates and Paul Allen on April 4‚ 1975. Microsoft is the world’s largest software maker measured by revenues. It is also one of the world’s most valuable companies The history of Microsoft began on April 4‚ 1975‚ when
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situation. Therefore‚ the new IASB Conceptual Framework‚ published in 2010‚ replaced IASB Framework for the Preparation and Presentation of Financial Statements. (Melville‚p17) Financial statement‚ which is usually contained in entity’s annual report‚ is prepared for existing and potential investors to make their economic decisions. At this point of view‚ company has obligation to provide any information users need and as possible as free of error achieved. If company refuse to do so‚ users of financial
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