International Accounting - Report of a major italian company Essay

International Accounting - Report of a major italian company - Essay Example But now that IAS 38 has been AGREED with finality to be the new compulsory accounting procedure, then we have to follow suit. According to the European Council of Finance Ministers, on December 13, 2001 â€Å" agreed to a general orientation on a proposed regulation that would require all EU listed companies, including banks and insurance companies, to prepare their consolidated financial statements using IAS. ECOFIN agreed that this requirement should go into effect in 2005 at the latest. However, companies that currently apply US GAAP as their primary financial reporting standards would not have to apply IAS until 2007. The 2007 extended deadline for companies using US GAAP was inserted at the request of the German government. EU Internal Market Commissioner Frits Bolkestein said: The International Accounting Standards Regulation will introduce a new era of transparency and put an end to the current Tower of Babel in financial reporting. It will help European firms to compete on equal terms when raising capital on world markets and allow investors and other stakeholders to compare companies performance against a common standard. However, I regret the Ministers decision to grant some big companies the right to apply US GAAP standards until 2007, two years after the Lisbon deadline for completing the Internal Market in financial services.† (http://www.iasplus.com/pastnews/2001dec.htm) Comment: The main purpose that all countries are â€Å"rushed† to apply these international accounting standards is to have a comment yardstick to compare one company in the European Union with another country selling the same products and services. If we call an item â€Å"goodwill† in England, then in the same situation in another far away place like Australia or United States, we can confidently call the same item bought as â€Å"goodwill†. Accounting is defined as â€Å"the language of business†.

Liquidation Damages Essay Example | Topics and Well Written Essays - 1000 words

Liquidation Damages - Essay Example This paper will look at how liquidation damages for Lake River Corp. v. Carborundum Co. were calculated and provide a critical view of the calculation used. Carborundum is a company that manufactures Ferro Carbo. It had entered into a contract with Lake River Company.   In the contract, Lake River Company would receive Ferro Carbo in bulk from Carborundum’s, put it in bags and ship it to Carborundum’s customers. Carborundum insisted that Lake River install a new bagging system to take care of the contract in an efficient manner, which costs $89000. In order to cover the cost and make a twenty percent profit, Lake River insisted on a minimum guarantee clause that ensured that if the full least quantity was shipped the Lake River would make $533000. However, Carborundum only shipped 12,000 of the 22500 tons of the Ferro Carbo at the time when the contract expired.  Carborundum had paid for the amount billed and bagged.   The clause left Carborundum Company owing $241000. That is $533000 (ferro shipped) less what Carborundum had paid. On the other hand, Lake retained 500 tons of bagged Ferro. As such, the issue was whet her the formulae in the minimum guarantee clause inflicts a penalty for breach of contract or whether it was just a deliberate attempt to liquidate damages (Whitney,1985). In this case, the district judge gave a judgment where Carborundum ended up with approximately $42,000. This amount was reached by making use of the following formulae; $269000 +$31000 -$241000-$17000. The last figure represented the prejudgment interest on the Lake river damages (Whitney, 1985). Here the damage formulae were designed in such a way that it will assure the Lake River Company receives more than the actual damages it incurs. This makes it a penalty. It was noted that, since Lake River did not do much work, they were not

Essay Topics on the Marriage Customs of the Igbo People

Essay Topics on the Marriage Customs of the Igbo PeopleThere are a lot of people who have asked me in the past about the essay topics on the marriage customs of the Igbo people. I will try to explain a little bit about how these essay topics are done and what they have to say about the marriage customs of the Igbo people. The way that the writing process of an essay works is not unlike any other type of essay. You take the concepts you have learned through history and use them to inform your writing.Firstly, you will want to start by figuring out what you know about your topic. The most important aspect is to figure out what your interests are and then start to write in that direction. What sort of topic do you want to write about? Is it a particular event that you have been interested in? Is it a concept you have observed for yourself?If you are curious about your topic, do not be afraid to find out more. You should try to find out as much as you can about it and then write about it . By searching for your topic, you will know what to write about.There are a lot of people who believe that the topics of research methods should be the first things that a person does when they are writing an essay. They tend to be the people who feel that if they know more about something, they can write an essay about it. This is true if you do have a deep interest in something. However, it is not always the case.For instance, you might know a lot about your topic, but if you do not have a knowledge base of the Igbo culture and you do not have anything that you have read that is more that anecdotal, you will be out of luck. There are many researchers who write about topics they know little about, so they try to use their own anecdotal information to write about the marriage customs of the Igbo people. This just simply will not work in many cases. It will simply not work.If you are going to do essay topics on the marriage customs of the Igbo people, then you will need to have an i dea of how you want to write about it. What type of words do you want to use? Is it going to be wordy? What do you want to include?An example of an essay topics on the marriage customs of the Igbo people is 'In America the wife of a non-Igbo muslim is second class citizen'. You can use a lot of other examples, but these are some of the most common ones. As with any other essay topic, you will have to do a lot of research before you can make a good essay, but this can be done.

The Foolproof College Essay about Being a Doctr Strategy

The Foolproof College Essay about Being a Doctr Strategy Doctors have a whole lot of responsibilities. They will always be needed. They are needed all over the world. The Doctor himself is a rather complicated character. The reason I need to be a doctor is the satisfaction I would get from knowing that I made a ifference In a person's life. Being a doctor isn't just a career, it's a sign of joy and hope. A doctor is a person who can assist somebody else in need. Becoming A Doctor A doctor is a person who can help another person in need. The End of College Essay about Being a Doctr This paragraph would be more appropriate towards the start of the essay, instead of the end. I musta been tryna produce the essay more time to make it seem much better. This portion of the essay is important since this will capture your reader's interest. It is where you restate your overall point and to make a clear ending of the topic. Getting the Best College Essay about Being a Doctr Amo ng the objectives of a university student ought to be to further your education. Given that at least 85% of health students graduate with debt, you may choose to think about the financial aid options available at every school. They need to complete a series of prerequisite coursework, particularly in the sciences. Since then I've been the ideal student in my class. One of the absolute most important qualities of a great doctor is he or she's clinically competent. My ambition is to be a medical doctor. As a physician you've got a chance to help others. You have to decide early on if you're prepared to dedicate the time that it can take to develop into a physician. I am not certain if I would love to be a pediatrician, or a specialist. It is the responsibility of doctor on the earth to heal the patients. It is simple for a physician to reflect back a number of the hostile by a decline in the amount of care he or she provides for the individual. Firstly, it's essential for a doctor when attempting to earn a diagnosis to be in a position to extract information on the subject of the patients' injuries or illness and their clinical history. The ability to get this done is founded in good communication abilities. There are different careers in which you are able to make more cash without the responsibility and the effort it can take to be a physician. The greater education enterprise and American society both stand to profit in the long term. Some individuals begin their health care education after pursuing different careers, which could further delay the completion of their health care training. The insurance companies are usually relucta nt to cover chronic illnesses and pricey procedures, which forces patients to dig in their own pockets to acquire the suitable therapy. The last step to be a doctor is securing work. To start with you have to be alert to the time commitment involved with becoming a physician. Though the chances of doctors winning is more than 90%, the lawsuits could be too overwhelming for the doctors should they need to pay for their defense expenses. In conclusion there are a large selection of qualities that define a superior doctor that can be divided in two groups of attributes. The strength in a subject must be held in mind for picking the proper path of succeeding. The attributes needed for this include great communication skills along with a caring and polite manner towards patients. One other important attribute of a fantastic doctor linked to their professional competence is the ability to see the limits of their clinical capabilities. Becoming a physician is a lengthy, arduous, e xpensive procedure that can only be accomplished with fantastic dedication. Trained and board-certified doctors must submit an application for state medical licenses until they enter the area. An individual can also go into practice by himself, despite the fact that it is more risky. Additional the ratio of health practitioners to patients is actually bad, which only aggravates the scenario. On the grounds of sources like the British Medical Council and interviews with patients it's possible to divide the qualities necessary to be a very good doctor in to two categories. To find out more about what things to anticipate from the study of medicine, have a look at our Study Medicine in america section. A lot of the people there were sick and malnourished but couldn't obtain the help they desperately sought from any form of medical professional. To remunerate, education is an essential aspect in our nation.

Most Noticeable Expository Writing Essay Example

Most Noticeable Expository Writing Essay Example The Nuiances of Expository Writing Essay Example An essay has to be composed of an introduction, a body, and a conclusion. If you are not able to do so, it might actually make an impact on your essay ratings. The topic is followed by many sentences that provide evidence and analysis to back up your argument. There are lots of expository essay topics to pick from. There are indeed several samples that may be found on the internet or in the school libraries to aid a student write a great essay. If you would like your expository essay to receive high grades and grab interest of the audience, you need to always opt for the topic you enjoy. Everything is contingent on the subject and professor but having the ability to choose the topic you like may certainly help you to stay motivated on the way. With an exam or a standardized test, for example, the examples you use to back up your points will be dependent on the knowledge alread y within your head. Expository writing is usually done to alert the readers or explain a particular topic. Explain'' is to express the info on the subject as a way to make it even more understandable to the reader. Free writing examples and writing templates are located on the webpage. There are many methods about how to compose an expository essay. Pick the one which you liek to compose a great expository essay! There are some distinct techniques for writing an expository essay. It is the same as writing any typical 5-paragrah essay. Opting to write about social issues is a sure way to guarantee the required word count. If you describe any facet of the WWII, which is among the most popular expository essay examples, you should know that people of distinct nations treat some of its events differently. If you don't believe you have sufficient basic wisdom and experience to compose a brilliant expository essay, you may use the customized paper help online. The examples I have discovered in the text help the reader to consider the issue differently, to estimate the seriousness of what is going on. Essay writing examples in doc format like the ones given may help direct you in writing a great composition. Essay writing skills is a hard and time-consuming endeavor. It can be quite a challenge. More than every other kind of writing, expository writing is a daily requirement of the majority of careers. Writing skills aren't god-given talents. Exposition Otherwise referred to as expository writing which intends to explain or inform. Expository writing is also the most common kind of academic writing! It's also critical to be sure each paragraph is joined to the previous and the subsequent one. Each paragraph starts with a topic sentence in which you state your case or objective. Introduction essay paragraphs are central in any bit of writing for the reason they give readers advance info about the content and the function of the material. Classification Paragraph Classification paragraph is just one of the seven kinds of paragraphs. Using Expository Writing Essay Example An essay must be clear and unbiased. It has been defined in a variety of ways. An expository essay, thus, is a part of prose that's well organized to provide an explanation on ideas and assorted topics to a particular sort of audiences. While it should be clear and concise, it can also be lively and engagi ng. An expository essay example should demonstrate in what way the objects in a context relate with one another. You can't begin writing an essay without a sharp clue about what things to write. As you begin writing more descriptive essays, be certain to paint a photo of your character. A terrific descriptive essay is going to be loaded with details. Next, employing an expert to compose an essay for you're able to help you better your academic outcome. A prosperous process essay is going to be detailed enough so a reader will have all the info necessary to finish the job. Unique types of writing examples can be located below. An essay structure is a basic but efficient method of preparing for any sort of essay. Expository Writing Essay Example - Dead or Alive? The intention of any expository writing is to reveal the qualities of notions indicated in this issue. Cause and effect essays are written to supply an explanation of the way in which an action causes a result. Again, a conclusion is a summation of the main idea and not an explanation of the entire expository essay an additional time. In other words, an expository essay explores all angles of a specific topic in an attempt to teach the audience something they may not know. So basically, to compose an expository essay, you need to remember the simple fact that the topic matters a good deal. The overall definition of the expression expository is something meant to explain or describe.