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Business Report
[Name of the author]
Summary1
Introduction1
Revenue1
History and initial days of IFRS in Australia2
Recognition of Revenue3
International Accounting Standards Board3
IASB in Australia4
Future4
Conclusion and Recommendation5
References6
Executive Summary
Revenue recognition programs set recently in the Australian economy have diverted the attention of all the concern businesses on a great scale. Brisbane office is much concern about the ...
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BUSINESS IN THE GLOBAL ARENA
Business in the Global Arena
Business in the Global Arena
The caption “Big Brother is watching you” were used in the novel Nineteen Eighty-Four, by George Orwell. The term "Big Brother" is used to describe all institutions or practices that violate fundamental freedoms and the ...
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Profitability ratios of McDonalds Company
Profitability ratios of McDonalds Company
Introduction
Calculation of profitability ratios
Asset turnover ratio (2012) = Sales/Total assets
= 27567/35386.5
= 77.90 days
Asset turnover ratio (2011) = Sales/Total assets
= 27006/32989.9
= 81.86 days
Analysis of Asset Turnover Ratio
After calculating the asset turnover ratio of McDonalds Company a slight ...
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BRITISH INSURANCE COMPANY
'British Insurance Company' Case Study
'British Insurance Company' Case Study
Task 1A
British Insurance Company is facing numerous problems in terms of building up their customer base, details of a new product, insurance quotations sent to customers etc. Therefore, the adoption of Relational Database Management Systems will be the ...
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HUMAN RESOURCE MANAGEMENT
Human Resource Management
Task 1 Understand the difference between personnel management and human resource management
Personnel management and human resource management?
Although both these terms are related to each other and sometimes they being used interchangeably, but there is a difference between them. While the organizations that are larger in ...
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ACCOUNTING
Critique of an academic article
Synopsis
This paper provides a critique of an academic article “Corporate governance and value relevance accounting information: Evidence from Australia” in which the author has tried to find out the probable association with corporate governance and accounting information in Australia. Particularly after the occurrence of numerous accounting ...
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BALANCE SCORE CARD
Balance Score Cardof McBride
Balance Score Cardof McBride
Executive Summary
McBride plcis considered as the leading supplier in Europe's private household sector. The company is performing very well from last 40 years. McBride plc was established in 1970. Sensei, Oven pride, Limelight, Surcare, Gentelle and Frish stick are some brands ...
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BUSINESS LETTER
Business letter
6 September 2013
Steven Evans
Managing Director, Pacific Ltd
Level 6, 510 King William Street
Adelaide SA 5000
Mr. Evans,
We are pleased to respond to your query for long term finance of the business and writing of the expenses. As there are several sources to raise fund and each source has its ...
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CONVERGENCE OF IFRS
Convergence of International Financial Reporting Standards
Abstract
This paper has discussed the convergence of the IFRS in the global perspective. Moreover, this paper also has discussed the arguments for and against the world wide convergence of the international financial reporting standards. To support the arguments two companies has been ...
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PROBLEM#1
PROBLEM#1
Problem #1
Role of SAS 70 in Reviewing Internal Controls
American Institute of Certified public Accountants (AICPA) developed the well organized and well known set of auditing standard for service organization known as Statement on Auditing Standards (SAS) No. 70. This is widely accepted by most of the organization whenever an ...