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]
Ⅱ. Effects of RMB appreciation on China
□ Exchange rate system of China
- The Chinese exchange rate system is the fixed exchange rate system which is fixed to the dollar. In 1994 January 1, China unified the official exchange rate and the market exchange rate and adopted a managed floating exchange rate system that restricted one day exchange rate fluctuation band with ±0.3% of the precedi
fix their behavior and attitude when their employee violate the fixed policy. It’s the ways that lead to the organization. Discipline is essential thing to keep their rule.
Purpose of discipline
① Effect of prevention
It can prevent the big incident / not to arise/ discipline object behavior / by providing sufficient attention
② Effect of behavior improvement
If one o
Nowadays China’s market is so huge that it has great impact on world’s market. However, as China is using fixed exchange rate, relatively undervalued currency causes many problems.
So some other countries are forcing China to change the exchange rate.
At this time, our group wanted to find out why some countries are forcing them to change the rate and what kinds of effects
Ⅱ. Exchange rate regime
1. What is the exchange rate?
In finance, the exchange rates between two currencies specifies how much one currency is worth in terms of the other. It is the value of a foreign nation’s currency in terms of the home nation’s currency. For example an exchange rate of 91 Japanese yen (JPY, ¥) to the United States dollar (USD, $) means that 91 yen is worth the