SUMMARY OF IAS 21 Objective of IAS 21 The objective of IAS 21 is to prescribe how to include foreign currency transactions and foreign operations in the financial statements of an entity and how to translate financial statements into a presentation currency. [IAS 21.1] The principal issues are which exchange rate(s) to use and how to report the effects of changes in exchange rates in the financial statements. [IAS 21.2] Key Definitions [IAS 21.8] Functional currency: the currency of the primary
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Chandreyee Chatterjee Sequence Analysis October 30‚ 2014 Sequence Analysis Step 2: 1. The establishing shot of Hannibal behind the curtain reveals that he will be the main focus of the sequence. The scene was shot from a 3rd person point of view perspective‚ which makes it seem like there is a 3rd person it inside the jail cell with him. This kind of perspective allows the audience to anticipate what is to come further along scene. 2. The score creates an almost melancholy mood‚ letting the audience
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Math in My Life This year in Algebra 2 class I have learn some very interesting and important topics. Throughout this past school year I have grown and learned how to use these newly learned skills and my understanding of algebra is now complete. In math class this year‚ I believe I did fairly well and received almost got all A’s. I think I passed this class is because math in general comes easy to me. I only studied in the beginning of the year‚ as the latter part of the year came much easier.
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VOLTAIC CELL Name: Lim Seong Hseng Date: 20th March 2013 IA CRITERIA ASSESSED: D Declaration: I declare that this report I have submitted is my own original work and I have acknowledged the use of words or ideas of another person. Signature:……………… Marks:………………. Introduction Aim: To investigate the factor affecting voltage of voltaic cell. Research Question: How does coupling of different metals from the electroactivity series affect the overall voltage of the galvanic cell? Background Information:
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IAS 11 International Accounting Standard 11 Construction Contracts In April 2001 the International Accounting Standards Board (IASB) adopted IAS 11 Construction Contracts‚ which had originally been issued by the International Accounting Standards Committee in December 1993. IAS 11 Construction Contracts replaced parts of IAS 11 Accounting for Construction Contracts (issued in March 1979). Other IFRSs have made minor consequential amendments to IAS 11. They include IAS 23 Borrowing Costs (as
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and made up by PRINCIPLE and RULES. There are Two types of framework – 1. Conceptual: Conceptual are made up by historical practice that are done by people like- IAS‚ GAAP etc. 2. Regulatory: Regulatory are boundaries of rules and regulation like- Company law‚ National standards of accounting‚ Stock exchange regulation‚ Sometimes IAS if country adopt it etc. Usefulness and Requirement of Frameworks: 1. Framework develops over hundred years. These are the principles of established accounting practices
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Sequence Essay In a sequence essay‚ you are writing to describe a series of events or a process in some sort of order. Usually‚ this order is based on time. You organize the essay by writing about each step of the process in the order it occurred. Example question: | Write an essay outlining the stages of the salmon life cycle. | Introduction: | Describe what a salmon is like. | Supporting paragraphs: | 1. Describe young salmon. | | 2. Describe adult salmon. | | 3. Describe what salmon
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The Fibonacci sequence The Fibonacci sequence is a series of numbers developed by Leonardo Fibonacci as a means of solving a practical problem. The original problem that Fibonacci investigated‚ in the year 1202‚ was about how fast rabbits could breed in ideal circumstances. Suppose a newly born pair of rabbits‚ one male‚ one female‚ are put in a field. Rabbits are able to mate at the age of one month so that at the end of its second month a female can produce another pair of rabbits. Suppose that
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------------------------------------------------- Summary of IAS 32 Objective of IAS 32 The stated objective of IAS 32 is to establish principles for presenting financial instruments as liabilities or equity and for offsetting financial assets and liabilities. [IAS 32.1] IAS 32 addresses this in a number of ways: * clarifying the classification of a financial instrument issued by an entity as a liability or as equity * prescribing the accounting for treasury shares (an entity’s own repurchased
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