for disclosure is that the issue should be material, even it relates to the discharge of materials into the environment or otherwise related to the protection of the environment.
The U.S. Supreme Court provides what is considered material in TSC Industries v. Northway Inc . The court held that a company must disclose information if “[t]here is a substantial like likelihood that a reasonable i
for this argument, the court said that they didn’t need to consider applicability of VCLT deeply because it doesn’t matter as long as some of provisions in VCLT reflect a customary law.
2. Principle of Approximate Application
The main criticism towards Slovakia from Hungary was building up Variant C which was claimed as a ground for material breach. Slovakia believed there was ‘the pri
for recognizing rentals as sales. One major problem that could be caused by excess of exposed receivables is that the company can face liquidity problems. A drop in account receivables implies a decrease in quick assets, and such decrease maybe critical for some companies that does not have enough financial resources to pay back the upcoming current liabilities. This is why Xerox announced that i
for recognizing rentals as sales. One major problem that could be caused by excess of exposed receivables is that the company can face liquidity problems. A drop in account receivables implies a decrease in quick assets, and such decrease maybe critical for some companies that does not have enough financial resources to pay back the upcoming current liabilities. This is why Xerox announced that i
for the balance sheet, the net cash flow in the CFS from one year to the next should equal the increase or decrease of cash between the two consecutive balance sheets that apply to the period that the cash flow statement covers.
e. Check the main accounting policies of your company. Choose one interesting/doubtful accounting policy. Then, comment on the chosen accounting policy.