Align internationally goodwill impairment standards

Please comment on the following post: ” The IASB is currently considering improvements to the goodwill and impairment provision of IAS 36, Impairment of Assets.  In particular, the Board is considering two elements: Objective 1: Improving disclosures to help investors determine whether a company’s investment in acquiring a business was a good investment or not… Continue reading Align internationally goodwill impairment standards

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Australian accounting standards

1. As explained within the Chapter 8, intangible asset, Australian accounting standards now prohibit goodwill from being subject to amortisation. Rather, there is a requirement that goodwill be subject to impairment testing. In relation to impairment testing of goodwill, Petersen and Plenborg (2010, p.420) state: Many argue that an impairment test only approach seems a… Continue reading Australian accounting standards

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Verbal communications skills are vital

As far as professional skills go, verbal communications skills are vital.  Public speaking is the #1 fear of Americans.  Although it may be uncomfortable and at times intimadating for all of us, the reality is leaders of industry need to demonstrate confidence when speaking to the media/general public.  This week, please provide the following in… Continue reading Verbal communications skills are vital

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Capable Trappers, Ltd Accounts payable

No Plagiarism…Due tomorrow, Please.  Thank you Globalization is a continuous process whereby managers become aware of the impact of international activities on their companies. This process takes place in stages that include exporting, licensing joint ventures, wholly owned subsidiaries, and global sourcing. Each stage has implications for the type of accounting information reported. Using the… Continue reading Capable Trappers, Ltd Accounts payable

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Elements of Break Even Analysis

Throughout the  New Shoes Simulation you will have to evaluate your previous decisions as well as other Market data and information in order to make an informed decision for the current period. The break even analysis is a tool that can assist in setting the price for your athletic shoe during the various decision periods.… Continue reading Elements of Break Even Analysis

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Static budget and a flexible budget

Purpose of Assignment  This comprehensive case requires students to evaluate a static budget and prepare flexible budgets to meet managerial needs. Students are required to calculate and analyze variances and discuss how variances are critical to managerial decision making.    Resources: Generally Accepted Accounting Principles (GAAP), U.S. Securities and Exchange Committee (SEC), Green Pastures Static Budget… Continue reading Static budget and a flexible budget

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