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IFRS Illustrated Financial Statement...in the same line as well. There is also another problem that is associated with the application of IFRSs. The best thing about this problem is that it is a one-time type of problem. This predicament is associated with the period of transition from the old principles or standards like US GAAP to IFRSs. End users would especially find it hard while doing an across-period analysis of financial statements. (nysscpa.org, 2009) References: Ball, Ray. (2005). International Financial Reporting Standards (IFRS): Pros and Cons for Investors. Retrieved 19 November 2011 http://www.scribd.com/doc/18651318/International-Financial-Reporting-Standards- IFRS-Pros-and-Cons-for-Investors-by-Ray-Ball iasplus.com. (2008)....
4 Pages(1000 words)Essay
Asian Financial Crisis 1997...growth (four times the OECD average) would continue, and that the exchange rate would remain stable (Wade 1998). This belief in continued growth might be one of the reasons for the 2high levels of capital inflows, inflow levels that continued until the very brink of the crisis. Therefore, it is plausible that the combination of liberalization, globalization, and excessive praise contributed to the inflow of hot money. Figure 2.5 shows that the current account deficit rose substantially and was mirrored by surpluses in the capital account, and that the huge influx of capital created a large debt burden. For example, in 1997, the foreign debt-GDP ratio stood at 60%. Although in relative terms that ratio...
48 Pages(12000 words)Coursework
Asian Financial Crises 1997... 25 million out of a total of about 2 billion East Asians will be living below the poverty line by 2020. In terms of growth of the entire Asian region, the Asian economy, led by the two regional giants China and India, now competes with some of the developed economies of the world.
Fig-3: GDP Growth of SE Asia
Richter (2002) states that unlike some of their western counterparts Asian economies have a weakly developed legal system, the bureaucracy prefers to keep the controls in its hands instead of the industrialists. This, at times, results in a lack of professional approach towards the issues. Levels of corruption also prevents in effective management of the economy. But now with the WTO regime coming... (1998)....
11 Pages(2750 words)Essay
Germany 1933-1945...Germany 1933-1945 Before 1933, Germany was in the throes of economic collapse brought about by its involvement and defeat during the First World War.This dismal situation, however, became the ticket of the Nazi Party to achieve political power. By capitalizing on public discontent, it was able to sell its ideology by pandering to the popular sentiment and the growing dissatisfaction among the German public. The dramatic situation in Germany including the impressive ability of the party to adapt, organize and appeal to a diverse constituency of anti-Weimar voters was what transformed the organization’s fortunes. Out of this development, Hitler eventually came to power in 1933 and provided the resources for his own...
1 Pages(250 words)Essay
Chorus Line...of the dancers begin to share their life experiences with the audience and the choreographer. The viewers hear their sad tales of rejection, their failures during previous auditions and their development over time in the area of dancing (A Chorus Line).
From the short clip that was watched, the first lines of the song, One singular sensation / Every little step she takes. After that line, they went on to perform more dances and up to their last performance on the 28th of April, 1990 on Broadway at the Shubert Theater in New York, they had performed more than six thousand times (6, 000). This showed the extent at which A Chorus Line...
1 Pages(250 words)Book Report/Review
On-line gaming is a time waster...ON-LINE GAMING IS A TIME WASTER Soon after its advent, internet has become an integral partof our lives. It revolutionized the world by making it a global village. In nearly all the fields of life internet became an essential. But with the passage of time its disadvantages started to emerge. One such disadvantage is the increasing trend of online gaming.
As technology continues to get better and better, its influence in our day to day lives keeps on increasing. The popularity of online and video games has increased immensely with the passage of time. They have caused noteworthy impact upon the societies around the globe. Today we can see the impact of these games...
5 Pages(1250 words)Research Paper
Out line... Outline The social media plays a major role on how we speak and write. It affects our way of speech due to the numerous varieties of social media which we access in our daily life (Qualman 34). Over the years, it has been widely acknowledged that social media influence us in more ways than we can imagine. It is worth noting that the power of social media can be witnessed both negatively and positively. It is therefore imperative that we place a greater emphasis on harnessing the power of social media with regards to bringing positive change to the society. The major social media in our homes include:
1. The television plays a positive role in the buildup of an individuals language through:
a) News
The anchors communicate... Outline The...
1 Pages(250 words)Essay
Movie Volcano 1997...fears. For instance, even though Lee Jones’ daughter was in danger and admitted in the hospital, he did not forget his duty and kept on working to manage the emergency.
21. What was the significance at the end of the movie when everyone was covered in ash? When the rain came and washed away the ash what did this signify?
At the end of the movie, everyone was covered in ash. This signified that in the time of an emergency, everyone is equal. A calamity does not see a black differently from a white. Since everyone was covered in ash, it was difficult to differentiate between a black and a white, thus signifying that everyone suffered the same fate. The rain signified a new beginning. The disaster brought people together...
5 Pages(1250 words)Essay
Art History since 1945... resources in achieving its objectives as is seen here; the artist only used a pencil and a wall surface. In conclusion, the final evaluation aspect is by finding out what inspired the artist as we learn in the Wall Drawing 17 that it was inspired by the post-World War II.
Bibliography
Archer, Michael. Art Since 1960. London: Thames and Hudson, 1997.
Elger, Dietmar, and Uta Grosenick. Dadaism. Koln: Taschen, 2006.
Jones, Amelia. A companion to contemporary art since 1945. Malden, MA [etc.]: Blackwell, 2006.
“Sol Lewitt: A Wall Drawing Retrospective.”Massachusetts Museum of Contemporary Art. (2008). Accessed February 26, 2014.
“The collection.” The Museum of Modern Art (2014). Accessed February 26, 2014.... Drawing 17, Sol Lewitt lived...
5 Pages(1250 words)Essay
JAWA Manifesto(1997 / 2008)... Summary of Jawa Manifesto The term Jawa “stems from the Star Wars mythology of George Lucas, they lived by stealing and re-writing old technology for personal use and profit.” (Richardson, 01) They actually provide a fast and effective source of content by combining various video productions, as opposed to coming up with an original recording. This involves reorganizing what is already familiar to enhance the coherence of the idea. Interestingly, Jawa does not necessarily pay attention to the quality of the word but combines them in an organized manner to form an appealing piece of poem.
To communicate to the audience, they invoke emotional and cultural imagery that can convey the storyline in the shortest of time. For instance... of the...
1 Pages(250 words)Book Report/Review
