Abstract Many factors in the macro-environment impact the development of an industry. These factors can by categorized as Political‚ Economic‚ Social‚ Technological‚ Environmental and Legal (PESTEL). Economic‚ legal and environmental factors are closely tied up and mostly controlled by the political factors. Political factors mainly refer to intervention of the government in the economy via introduction and amendments of various new policies and laws. The purpose of this essay is to explain how the
Premium Mining Tax Investment
Tax Alert 06/2013 2014 Mexican Tax Reform On September 8‚ the Executive Power filed before Congress the Economic Package for the 2014 fiscal year. The Economic Package includes not only the General Criteria for Economic Policy‚ the Federal Revenue Law and the Federations’ Expenditures Budget‚ but also a series of initiatives to modify current tax laws and even the enactment of new legislation. Among the highlights there are the amendments to Income Tax (ISR)‚ Value Added Tax (IVA)‚ the Special
Free Tax Taxation Taxation in the United States
UNIVERSITY OF TECHNOLOGY‚ SYDNEY FACULTY OF BUSINESS CONVERGED STANDARD ON REVENUE RECOGNITION IFRS 15-REVENUE FROM CONTRACTS WITH CUSTOMERS By LE‚ DOAN YEN NHI 11809946 Word count: 1000 (excluding executive summary and reference) Due date: 18th May 2015‚ 5 pm Executive summary On May 2014‚ the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) had jointly issue the converged standard‚ IFRS 15‚ on the Recognition of Revenue from Contracts
Premium International Financial Reporting Standards Financial statements Generally Accepted Accounting Principles
Sedano‚ F. (June‚ 2013). Brazil’s Manufacturing Growth Puzzle. MAPI. Retrieved from: https://www.mapi.net/brazils-manufacturing-growth-puzzle 5. Deloitte. (June‚ 2010). Global Manufacturing Competitiveness Index. Retrieve from: http://www.compete.org/images/uploads/File/PDF%20Files/2010_Global_Manufacturing_Competitiveness_Index_FINAL.pdf 6. Deloitte. (2012). Competitive Brazil. Challenges and strategies for manufacturing industry. Retrieve from: http://www.deloitte.com/assets/Dcobrazil/Local%2
Premium International trade Economics Industry
Philippines IT-BPO Investor Primer (pdf) Available at: (Accessed 6th November 2012) Chandler‚ A CICT‚ 2012. ICT Industry Development Overview (online). Information and Communications Technology Office. Available at (Accessed 21 November 2012) Cooper‚ R Deloitte‚ 2011 Department of labour and employment‚ 2011. Daily minimum wage rates. [online] Available at: (Accessed 21 November 2012) Esplanada‚ J Herbert‚ I. and Seal‚ W. 2010. Shared business services and the evolution of the multi- divisional corporation
Premium Strategic management Philippines
ISSUES IN ACCOUNTING EDUCATION Vol. 22‚ No. 4 November 2007 pp. 641–660 Europe’s Enron: Royal Ahold‚ N.V. Michael C. Knapp and Carol A. Knapp ABSTRACT: Royal Ahold‚ N.V.‚ is a large multinational company based in The Netherlands that was founded in 1887 by Albert Heijn. Three generations of the Heijn family oversaw the company’s retail grocery business. In 1989‚ the company hired a professional management team. The new management team expanded Royal Ahold’s operations by purchasing grocery
Premium Grocery store
wholesale food service by acquiring US Foodservice. This initiated Ahold’s problems and their fraudulent bookkeeping. US Foodservice executives manipulated vendor payments known as promotional allowances as a way to increase revenues by providing Deloitte‚ Ahold’s independent auditors‚ with false information. Ahold also fully consolidated several joint ventures despite not having management control; which caused its revenues to be overstated. In 2002‚ the company had suffered its first quarterly
Premium Grocery store Supermarket Amsterdam
Major changes in rules and regulations Since the Enron collapsed an array of new laws and regulations has been adopted to tighten corporate oversight. US offices were the first one to come out and implement the policies. Almost all of the firms had their headquarters in the US and they replicated their headquarters policies to a good extend in other offices around the world. Also other governments and regulatory bodies around the world came out with their country specific rules and regulations which
Premium Big Four auditors Ethics
References: 1.2 TRENDS Print news is still a prominent news source in Australian culture‚ as Deloitte (2013) states‚ “When it comes to the news‚ the printed newspaper is still favoured by Australian readers over any other format” 1.6 REFERENCE LIST The Economist‚ (2008) ’ Fading; The newspaper industry’‚ The Economist Gatenby‚ Pam (2008) The Australian Newspaper Plan (ANPLAN) National Library of Australia Deloitte (2013) Multi-device consumption has come of age: Australians are digital omnivores The Australian
Free Newspaper Mass media Broadsheet
Case Study of Just For Feet Inc. Xuan Zhang Q1. Prepare common-sized balance sheets and income statements and compute key ratios for 1997-1998. What were the high-risk financial statement items for the 1998 audit? * Common-sized financial statements: * Key ratio analysis: Liquidity and solvency: | 1999 | 1998 | 1997 | Current ratio | 3.387 | 1.998 | 2.142 | Debt to equity | 1.117 | 0.672 | 0.720 | Times interest earned | 6.376 | 24.665 | 28.286 | Activity | | |
Premium Balance sheet Risk Income statement