E. Check the main accounting policies of NHN. Choose one interesting/doubtful accounting policy. Then, comment on the chosen accounting policy. More specifically, is it too aggressive, too conservative or reasonable in terms of the effects on the related accounting information, such as net income, ending balance of account receivable, etc.?
(1) revaluation of fixed assets
[as of 30.9.2009]
Chinese economy and currency regime
Chinese economy had been controlled by the central government under the planned economy regime until 1979 (Morrison, 2007). In other words, most economic conditions used to be decided by the state in accordance with its policy, not by the market forces. From 1979, however, China has been experiencing huge innovation in its economic system until the present tim
[1] 공정가치와 자산 재평가
원가모형(Cost Model)
유형자산의 장부가를 최초 및 사용 중 인식에 따라 원가로 기록
감가상각과 손상차손만을 인식
재평가모형(Revaluation Model)
취득 후 공정가치 변동을 반영하는 것이 적절하다고 판단될 때 사용
시가의 상승과 하락분을 모두 고려하여 장부금액에
The United States and other countries hope that greater demand from China for their exports, resulting from a higher value of the yuan, will help them resume sizable economic growth as they recover from severe recession. Their governments especially want to reduce the high levels of unemployment.
1. The impact on China
Advantage 1 : Cheaper Imports
China imports technologies, petroleum, m
M&A 목표기업의 가치는 단순히 금전적으로 평가하기 어렵고, 인수경합가능성, 인수후에 예상되는 시너지 효과, 노동, 경영, 정부문제까지 포함한 위험관리등이 종합적으로 고려되어야 한다. 또한 목표기업에 대한 사전조사시에는 영업상 측면과 법률적 측면에서 종합적인 검토가 필요하다.
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