Why did the UK change their accounting standards from UK GAAP to IFRS, and its effect on UK companies The gathering pace of globalisation is evident in numerous areas, such as the expansion of the European Union; the implementation of the Euro as the single currency in many member states, and ever increasing levels of global trade (Aisbitt, 2005). As such, the breaking down of […]
Title: International finance and banking Introduction In the contemporary realities of harsh competition the foundations of financial theory is a subject to serious reconsideration. The tactics of investing into shares and stocks have become vast and various, since investors apply mixed tactics to benefit as far as possible. Under the conditions of free markets and booming globalization, investor behaviour has remarkably changed over the last […]
Literature review on creative accounting: Fair value measurement on property, plant and equipment and investment property Table of Contents 1 – Introduction 2 Definitions, meanings and theories of creative accounting 2.1Definitions and meanings 2.2Acceptance and reasons 2.3Manifestation and methods of creative accounting 2.4Purpose of creative accounting 3Accounting measurements and controversial issues 3.1Methods of measurements 3.2IFRS standards and measurements 3.3Issues arising from IAS 16 and IAS […]
Introduction The firm under consideration is Costcutter Supermarkets, a chain of small supermarkets founded in 1986. It now has 1200 stores in the UK and has a European presence with 65 stores in Southern Ireland and 52 in Poland. This assessment focuses on Costcutter’s operations in the UK market. Source: www.costcutter.co.uk The UK Supermarket Industry – background The UK supermarket industry is semi-oligopolistic with a […]
Business Analysis of Sainsbury INTRODUCTION The world has become more competitive, dynamic, uncertain and volatile than ever before (Dowling et al, 1999; Kanter, 1991). ‘To be successful, many firms have to compete on the global playing field because the costs associated with the development and marketing of new products are too great to be amortized only over one market, even a large one such as […]
THE NEW CLASSICAL, MONETARIST, AND NEW KEYNESIAN VIEWS ON EXPECTATIONS AND DEMAND MANAGEMENT POLICIES. BRIEF: 98981 INTRODUCTION Since the 1930’s expectations (anticipation’s or views about the future) have played an important role in economic theory. This is because economics is generally concerned with the implications of current actions for the future. In recent times attention has switched from more or less mechanical forms of expectations […]
TO HIRE OR NOT TO HIRE INTRODUCTION Whirlway is about to usher in a change in their management team. Like all changes the pro and cons of bringing in fresh blood versus rewarding loyal employees is a conflict faced by Whirlway. Let us now examine the advantages and disadvantages of pursuing new staff at the management level as against to promoting an existing management team […]
Compare and contrast theories of the early development of gender When a child is born, perhaps the first question one will ask is: “Is it a boy or a girl?”, and the answer to this question will, in many ways, shape that child’s future in terms of their treatment by others, their role in society and their own self concept. But by what means do […]
Consider electron configuration as it applies to the periodic table and explain in detail how this accounts for the formation of ions. Elements are arranged in the periodic table (see figure 1) according to their electronic configuration, which describes the number and arrangement of electrons in an atom, helping to make sense of the chemistry of an element. Electron configuration was first conceived of under […]
Depression and three of its existing treatments Introduction Depression is not only one of the most widespread and prevalent of the major psychiatric disorders but also one of the most excessively researched mental illnesses. It has often fundamentally affects people’s well-being and quality of life. While a study discovered that of over 5.000 British residents approximately 5.9% of the males and 4.2% of the females […]
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