Capitalized interest
K-IFRS : disclosed on notes.
Business Accounting Standard 1101 : selective exemption of accounts.
KT&G doesn’t record capitalized interest on financial statements.
‘fair level’ : KT&G followed well the standards of IFRS, have adopted them clearly and without problem.
Analyzing the financial statement of KT&G, the accounting policies were following
the
The accounting fraud is a deliberate manipulation and abuse of the recording of revenue or expenses in order to achieve an operating profit of the company in order to appear better than it actually is. Some companies do things that constitute fraud are:
– No list of prepaid expenses and other assets in connection – Not the classification of certain assets and liabilities – Re
2. By recognizing rentals as equipment sales in the current period, does this increase or decrease Xerox’s sales revenue in the future period?
Since such creative accounting is basically moving up future revenue boost current revenue, Xerox’s revenue in future periods is expected to decrease. If dealt properly, Xerox would have recorded revenue by $10 each month However, if Xerox records it
2. By recognizing rentals as equipment sales in the current period, does this increase or decrease Xerox’s sales revenue in the future period?
Since such creative accounting is basically moving up future revenue boost current revenue, Xerox’s revenue in future periods is expected to decrease. If dealt properly, Xerox would have recorded revenue by $10 each month However, if Xerox records it
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.
<Accounting Policies of three
account has. And with the horizontal analysis, we were able to figure out the actual increase or decrease and the change rate by comparing Income statement of 2008 and 2009.
Through these tools and analysis, we were able to find out the meaning and information which was ‘behind number’.
CFS records the amounts of cash and cash equivalents entering and leaving a company. The CFS allo
but they embarked on a full-scale strike because of final breakdown of the 21th negotiation.
However, the labor dispute was dramatically resolved on account of the wish of the locals and the last recommendation of Regional Labor Relations Board "I'll need you to make an effort that Ssangyong company such an unfortunate situation does not happen again."
Ⅲ. Analytic Negotiation Framework
Ⅰ. 서 론
우리 인간은 살아가는 과정에서 반드시 음식을 먹어야 한다. 음식은 생존을 위해 반드시 필요한 것으로 음식을 적당히 섭취하면 균형 잡힌 몸매와 건강한 삶을 살 수 있는 바탕이 되고, 올바른 식사습관이 형성되어 더 나아가 건강한 삶을 살 수 있는 토대가 될 것이다. 최근 경제발전과 생
Component of Shareholders’ Equity in a Corporation
Stock – Authorized, Issued, and Outstanding
Authorized shares
shares of stock that are available to issue per its corporate charter
Issued shares
shares of stock that have been offered and sold to shareholders
Outstanding shares
shares of stock that are owned by stockholders
Treasury shares
shares of
Ⅰ. Korean professional baseball
1. Background
In military government period, government made 3S(screen, sex, sports) policy and encourage people to do it in order to decrease the number of participation of protests for liberalization, overthrowing military government, liberal democracy. Former president Chun duhwan, ordered commanded "try to do professional sports" Therefore, Lee hoyeon and L