the contract of service provision, revenues are recognized according to the progress standards. A progress ratio is calculated by the percentage of real-accumulated-accrual costs to the total expected costs.
2. Allowance for Doubtful Debts
KAL sets up the allowance for bad debts to its receivables by estimating the probability of future bad debts at the time of the closing the journal entry.
The leverage ratio is calculated in a comparable manner across jurisdictions, adjusting for any differences in accounting standards. The Committee has designed the leverage ratio to be a credible supplementary measure to the risk-based requirement with a view to migrating to a Pillar 1 treatment based on appropriate review and calibration.
4. Reducing procyclicality and promoting countercycli
ratio
Current ratio = Current assets / Current liabilities
Year 2009 2008 2007
ratio 1.16 1.20 1.23
The first liquidity index, current ratio is slightly decreased during last 3 years. Maybe the current liabilities are more roughly increased than the current assets increase as time goes by so the current ratio shows the decreasing trend.
(2) Quick ratio
Quick ratio = Cash + Marketable se
2.7 Shrinkage
- Theoretical value: (a=35, : Maximum Shrinkage Strain Ratio)
- The process of finding 'a'
1. Arranging excel data
2. Finding 'a' with using a grapher program
(Converting Excel data into graph shape)
(Standardization of graph through regression analysis)-회귀분석을 통한 그래프 평균화
(Finding 'a' with using shrinkage equation)
3. Finding 'a'
INtro
1. Purpose of presentation
⑴ To list up the issues that happen in the given industry due to adoption of
International Financial Reporting Standards (IFRS).
⑵ To analyze suggested ratios and pick up the best company in the given
industry
2. Duty of our team