How The Macroenvironment And The Global National...

3 - Assess the Macroenvironment and the Global National Environment - Sarah Jebreen The financial performance of any business in the clothing retail industry depends on the level of consumption and spending consumers are willing to reach, which is affected by the macroenvironmental factors. Those factors include economic, global, technological, demographic and political and legal forces. First we will start with the Macroeconomic factors. Economic factors can ether have positive or negative impacts on the clothing retail industry. Disposable income is negatively affected during recessionary periods, therefore consumer purchases decline. So that will lead to an increase in the competitive pressures in the industry. Which will lead the company to be stuck with large amounts of unsold inventory. Thus they might have to sell their products with a significant reduction the prices. And that could adversely impact the company’s liquidity, capital resources, results of operations and their continued growth. On the other hand, during an economic growth period, people have more disposable income. Hence, they are willing to buy more clothes, which will ease competitive pressures, and that will result in an opportunity to expand operations and earn higher profits. Thus in today’s growing economy, the macroeconomic factors represent an opportunity for ANN INC. One of the most important macroeconomic factors that affect retail sales is the interest rates of the local banks and

All About Essay about South African Food, Holidays, Famous Places Samples

All About Essay about South African Food, Holidays, Famous Places Samples Ruthless Essay about South African Food, Holidays, Famous Places Samples Strategies Exploited There are a couple places in Africa which are worth mentioning in regards to Africa's popular tourist destinations. The Khoisan, the very first known inhabitants of the nation, were mainly hunter-gatherers. Living up to its name for a nation with unique colours, South Africa also provides some intriguing dishes that's a mixture of dishes from several unique cultures, including Dutch, French, German and British, but using a mixture of the distinctive South African taste. It has several scenic wine routes, not only in the Western Cape, which is the main wine growing region in the country. AmaZink Live is an excellent African show in the little township next to Stellenbosch. They are open 7 days per week and are open late. The web site of one of the best chef schools in the nation, the SA Chefs Academy. Why Almost Everything You've Learned About Essay about South African Food, Holidays, Famous Places Samples Is Wrong Subsequently, essay was defined in various ways. Numerous alternative logical structures for essays are visualized as diagrams, making them simple to implement or adapt in the building of an argument. Therefore, the focus isn't merely descriptive. They're a chance to do some creative writing, even in the event the essay topic you decide on looks pretty boring at first. I was hoping to discover a copy of this book to purchase, but it seems to be out of print without even any used copies readily available on Amazon! Simply complete the form at the base of the page to post the essay question and it'll then be posted below. The questions may also provide you with a nation, which is the point where the particular person who posted it took the test. Click the button below to find out more regarding the book or get in contact with us to qualify for our distinctive on-line order discount. The number of these sorts of cultures is decreasing slowly. There are in fact a good deal of various African staple foods found across the full continents that are always prepared differently based on the nation and their culture. Something is differentiable to us through comparison, so for distinguishes culture we need to compare it with some other then we'll know about all facets of that culture thus the culture has to be social and without it there is not any no tion of culture. All in all a legitimate reflection of the nation's rainbow culture with something for everybody. KSAs are used together with resumes to pinpoint who the best applicants are when several candidates are eligible for a job. An increasing number of aid appears to be going to minorities in which there's a high density (for instance, African-American or Hispanic communities). There's a small cover charge for the music but it's well well worth it! Regardless of what the median income, unemployment or general prosperity level is, there'll always be people that are homeless and hungry. Culture is social it's not the individual phenomena. The culture gives solution to the important problem that's faced to community. Distinct cultures define family in various ways. They have different type of buildings. That coffee particularly if it is ordered at one of the numerous superb coffee shops is very likely to be the greatest outside Italy, due to an influx of Italian immigrants in the mid-20th century. It has links to a few other food websites and a few ezines. The very first step is to improve environmental conditions in the area where the projects will be put into place. Be aware this is street style dining there are a few rough looking tables and chairs there's truly no great decor! The New Angle On Essay about South African Food, Holidays, Famous Places Samples Just Released Side dishes include bread rolls and a good deal of various kinds of salads. Famous dishes include pickled fish, spicy curries and several different kinds of stew. The everyday dishes a vailable will grow but for the time being expect approximately four meat dishes every day. Among all the delicious cuisine. Grilled peri-peri chicken has turned into a national institution. Fried calamari are not easy to beat. Fried Mozzarella would earn an ideal dish for stater that is everyone's favorite. Fried calamari Fried calamari must be among the most popular restaurant dishes. If You Read Nothing Else Today, Read This Report on Essay about South African Food, Holidays, Famous Places Samples It goes nicely with Jam and Cheese. The two-day event provides a mixture of local and worldwide musicians performing on five unique stages for audiences of over 30,000. It's the ideal holiday because it's the just one where you get presents and find an awesome feast made for you. My holiday feast takes place in the month of December.

Financial report of AHB Holdings and Astino Company-Free-Samples

Question: Discuss about the Financial report of AHB Holdings Berhad and Astino Berhad. Answer: Introduction The main purpose of this assignment is to analyze the financial reports of the company AHB Holdings Berhad and Astino Berhad and comment on the disclosure requirements of the company (Weygandt, Kimmel Kieso, 2015). The analysis will be focusing on the disclosure requirements as per the standards MASB 1 or FRS 101. Overview of the Company AHB Holdings Berhad AHB Holdings Berhad is an investment based company which has its headquarters in Malaysia and the company was founded in 1965. The company is engaged in the process of making interior products for companies like office furniture, computer appliances and other interior designing stuffs. The company has developed worktops for computer which can be used in offices and which is also called System Tx. The company has various subsidiaries some of which are AHB Technology Sdn. Bhd., AHB Marketing Sdn. Bhd., Create Space Sdn. Bhd. As per the financial reports of the company as on 2017, the company has a net profit after tax of the amount of $ 513,644. The cash inflows for the year from all the activities as shown in the cash flow statement is $ 23729 ("AHB Group of Company", 2018). Astino Berhad The company was established in the year 2000 and the listing of Astino Berhad on Bursa Malaysia in the year 2003. The company has it headquarters situated in Malaysia. The company is engaged in manufacturing of metal roofing sheets and also other building materials. As per the financial report of the company the net profit of the company as shown is $ 34445330. The net cash inflow of the company as per the cash flow statement of the company shows that there is a net cash flow decrease as shown by the negative figure of $ 14083861 (Astino Berhad, 2018). Detailed Analysis of MASB 1 and FRS 101 MASB 1 was issued by Malaysian Accounting Standard Board and the standard deals with the disclosure requirement which are required in a financial report of the company. The opening paragraph states the scope of the standard which is applicable to each and every company for the effective presentation of the financial report (Yaacob Che-Ahmad, 2012). As per the standard any financial report should consist a statement of profit and loss, statement of financial changes, a statement showing change in equity, Cash flow Statement and Notes to accounts and accounting policy explanation (Cotter, 2012). AS per Para 11 of MASB 1, the financial statement should be presented in such a way that the statements clearly reflect the financial status, indicators and cash flow situation of the company. As per Para 12 if any company is using any particular standard should recognize and mention the standard in the financial statements. As per the MASB 1, para 20 of the standard states that the management should apply accounting policies which complies with the other MASB Standards (Akhtaruddin Haron, 2012). Whenever there is no requirements which are specifically mentioned, the top level management should develop accounting policies so that the financial reports provide relevant information to the users of the accounts and such information provided must be reliable. Para 23 clearly states that the organization must determine whether an entity will continue as a going concern or not. The standard also explains that the financial reports should be prepared by the management on a going concern ba sis or other wise the intentions of the business of liquidating. The company if facing uncertainties which can affect the going concern principle of the company then the companies should disclose the same in the financial reports of the company. Furthermore, if the financial reports of the company is not prepared following the going concern basis then the same should be disclosed. The standard also states that the entity should prepare the financial statements except the cash flow information on accrual basis of accounting (Muniandy Ali, 2012). As per the standard the financial statements of the company should be prepared on an annual basis. The standard also states that the company should be disclose all the current assets and liabilities of the business along with the non-current asset and liabilities of the company. The standard also requires entities to prepare and disclose proper notes to accounts. IFRS 101 is an accounting standard which deals with Reduced Disclosure Framework which was introduced Financial Reporting Council (Abdul Rahman Hamdan, 2017). The objective of this standard is to allow exemptions for disclosure purposes for individual financial statements for subsidiary companies. as per Para 7 of the standard an entity which is a financial institution may adopt the disclosure exemptions in order to take advantage of the situation, except for standards like IFRS 7 which is on financial instrument, the disclosure exemptions from IFRS 13 which is fair value measurement, the disclosure exemptions from paragraph 134 to 136 of IAS 1 Presentation of Financial Statements. As per the para 8 an entity can advantage of the disclosure exemptions for para 45(b) and para 46 to para 52 of IFRS 2 Share Based Payments, the requirement of IFRS 7 financial Instruments, the requirements of para 91 to 99 of IFRS 13 Fair Value Measurement, IAS 7 Statement of Cash Flows requirements, par a 30 and 31 of IAS 8 and other similar disclosure requirements. In some of the disclosures mentioned above an equivalent disclosure must be included in the consolidated Financial Statements. As per para 10 of FRS 101, an entity which is adopting FRS 101 must disclose the same in the financial statements. An entity which is applying international standards for the first time must ensure that the assets and liabilities of the company are in compliance with the FRS 101 (Nor et al., 2016). Moreover, the Accounting Councils are expecting certain amendments which will be made to the disclosure requirements of the company as the council is considering to record fair value gains and losses relating to credit risks in other comprehensive incomes as per the IFRS 9 which is newly introduced (Zainuddin, Togok Isa, 2015). The council is also of the view that the company law will permit the use of equity method for financial statements and thus amendments will not be necessary to FRS 101 in orde r to comply with the company law. Analysis of Financial Reports of AHB Holdings Berhad The financial report of the company for the year 2017 shows that the company has prepared the financial statements in conformity with the MFRS 101. The company has started following FRS 101. As per the Basis of preparation as shown in the financial statement the company has followed MFRS 101 along with the amendments which was done to the standard. The notes to account shows that the company does not follow IFRS 7 which is on Financial Instruments and does not show disclosure for the same (Ismail, 2013). However, the provisions of FRS 101 requires an alternative disclosure for financial Instruments which is shown in the notes to account by MFRS 9 on Financial Instruments. As per the Standard any qualifying entity can apply the reduced disclosure framework even if the financial statements are prepared based on the standard issued by International Accounting Standard Board. In this case, AHB holdings has followed the same principle and also incorporated amendments and also plans to imp lement those amendments which have not yet been implemented next year. As per the requirement of the FRS 101, the company must disclose the structure of the group and also the name of the parent company. The annual report of AHB holdings Berhad shows the structure of the group and in addition to this the company shows a consolidated balance sheet of the parent company as a whole which is in conformity with the disclosure requirements of FRS 101. The financial reports of the AHB Holding shows that the financial statement depicts the various standards which the company has followed while preparing the annual reports. In addition to this the company has also listed out the various amendments which was implemented in the current year and also those amendments which are to be implemented next year. Thus from the analysis of the financial report of AHB Holdings Berhad, it can be concluded the financial statement is in conformity with FRS 101 and all its relevant disclosures as applies to the company. Analysis of Financial Reports of Astino Berhad The financial report as prepared by the management of Astino Berhad Company for the year 2017 shows that the company follows MFRS standards. As per the notes to accounts of the account, the financial reports are prepared considering MFRS 101 which deals with disclosure initiatives. The significant accounting policies section of the balance sheet makes it clear that the standard MFRS 101 became effective from the reporting date on or after 1st January 2016. The company in the mean time is following MFRS 139 which is on Financial instruments: Recognition and Measurement as MFRS 9 was not introduced during the reporting period and thus from next year on basis MFRS 9 will be replacing MFRS 139 for recognizing and measuring financial instruments. The financial statement of Astino Berhad shows the structure of the group or the subsidiaries along with the financial statements are merged to prepare a consolidated financial statement. This is a principle and a disclosure requirement which is stated in FRS 101. In addition to this the notes to accounts as shown in the financial reports of the company discloses appropriately the fair value measurement in case of impairment of assets. FRS 101 allows the company to take advantage of the disclosure exemption in case of fair value measurement and other disclosures. Moreover the company clearly has depicted the various amendments which was implemented in the current year and also those amendments which are to be implemented next year. Thus from the analysis of the financial statements of Astino Berhad company, it can be concluded that the financial statements of the company are prepared in conformity with the FRS 101 which is on Disclosure initiatives (Abdullah et al., 2015). Conclusion Thus from analyzing the financial statements of both the company, it can be said that both the companies are consistent in following the reporting standard which deals with disclosure initiatives. AHB Holdings Berhad and Astino Berhad both follow FRS 101 which is clearly stated in the notes to accounts of the financial statements as prepared by the companies for the year 2017. The financial reports of both the listed companies are prepared on the basis of Malaysian accounting standards References Abdul Rahman, A., Hamdan, M. D. (2017). The extent of compliance with FRS 101 standard: Malaysian evidence.Journal of Applied Accounting Research,18(1), 87-115. Abdullah, M., Evans, L., Fraser, I., Tsalavoutas, I. (2015, December). IFRS Mandatory disclosures in Malaysia: the influence of family control and the value (ir) relevance of compliance levels. InAccounting Forum(Vol. 39, No. 4, pp. 328-348). Elsevier. AHB Group of Company. (2018).Ahb.com.my. Retrieved 17 February 2018, from https://www.ahb.com.my/ Akhtaruddin, M., Haron, H. (2012). Mandatory compliance by publicly listed companies in Malaysia.International Journal of Accounting, Auditing and Performance Evaluation,8(4), 303-335. Astino Berhad - Our Products. (2018).Astino.com.my. Retrieved 17 February 2018, from https://astino.com.my/ Cotter, D. (2012).Advanced financial reporting: A complete guide to IFRS. Financial Times/Prentice Hall. Ismail, R. (2013). Risk management disclosure in Malaysian Islamic financial institutions: pre-and post-financial crisis.Journal of Applied Business Research,29(2), 419. Muniandy, B., Ali, M. J. (2012). Development of financial reporting environment in Malaysia.Research in Accounting Regulation,24(2), 115-125. Nor, N. M., Bahari, N. A. S., Adnan, N. A., Kamal, S. M. Q. A. S., Ali, I. M. (2016). The effects of environmental disclosure on financial performance in malaysia.Procedia Economics and Finance,35, 117-126. Weygandt, J. J., Kimmel, P. D., Kieso, D. E. (2015).Financial managerial accounting. John Wiley Sons. Yaacob, N. M., Che-Ahmad, A. (2012). Adoption of FRS 138 and audit delay in Malaysia.International Journal of Economics and Finance,4(1), 167. Zainuddin, S., Togok, S., Isa, C. R. (2015). ERM Adoption in Malaysia A Disclosure Approach. InProceedings of the Asia Pacific Conference on Business and Social Sciences

Medicine And Human Welfare Essay Example

Medicine And Human Welfare Paper Maimonides (1135-1204), Jewish philosopher and physician, born in Cordoba, Spain. He was also known as Rabbi Moses ben Maimon, or, from the initials of his name, Rambam. Following the capture of Cordoba in 1148 by the Almohads, who imposed Islam on Christians and Jews alike, Maimonidess family decided to emigrate. After years of wandering they finally settled in Cairo. There Maimonides eventually became the chief rabbi of Cairo and physician to Saladin, sultan of Egypt and Syria. The contributions of Maimonides to the Medicine and human welfare. Humanitarian aid is almost always political. Its governments and organizations with clear political agendas who dispense most humanitarian funds. A close look at foreign aid indicates that the self-interest of the donor rather than altruism usually motivates such programs. The French directed economic aid, primarily to former African colonies, for years in order to further a Francophone community. Meanwhile, European aid programs to the Palestinians are a way to exercise a diplomatic role in a conflict in which most of the shots are called by the Americans. FOREIGN AID is seen as buying influence. We will write a custom essay sample on Medicine And Human Welfare specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Medicine And Human Welfare specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Medicine And Human Welfare specifically for you FOR ONLY $16.38 $13.9/page Hire Writer While establishing a clear connection between economic dependence and political compliance is problematic, such a link is on the minds of decision makers. Secondly, decisions on financial aid are hardly based on a meticulous comparative analysis of the respective needs of various hard-hit groups around the globe. Aid programs are only minimally related to an objective evaluation of the economic situation of potential recipients. Simply put, it is not the poorest that get the most money. For example, Palestinians receive substantially larger amounts of money per capita than do far more destitute populations in Africa the Sudan, for instance. There are many countries whose populations suffer far more than do the Palestinian Arabs on such key indices as life expectancy and average caloric intake. Thirdly, rendering financial aid strengthens the donor political organizations and states dispensing it. This is precisely why several European states toy with the idea of sending money directly to Mahmoud Abbas, representing the good guys, rather than to Hamas, perceived (for the time being) as the bad guys. The fact that Abbas chaired a corrupt and inept government seems irrelevant. FOURTHLY, there is the CNN effect, which is responsible for eliciting a significant portion of the humanitarian aid provided. Disasters that attract the attention of the media for extended periods are inevitably viewed as good tools for public diplomacy. Such disasters are capitalized upon to announce generous offers of foreign aid (not always fully delivered) in order to enhance national reputations. The Palestinians, now partly under economic siege, have a clear interest in playing up the idea that they face a humanitarian disaster. Its a way to overcome political obstacles and speed up delayed financial contributions. Of course, generous donations (usually from Western states) do not always reach the intended recipients. Some leaders in the less-developed world are ingenious at siphoning aid away from those who truly need it. Many top-ranking Palestinians have enjoyed the fruits of the donors gullibility. Moreover, in war-torn societies it is the guys with the guns who usually end up with the food supplies and other goodies provided by well- intentioned foreigners. Food and medicines sent to the Palestinians will invariably end up in the hands of the armed militias. THE PAVLOVIAN response of sending money to societies unable to put their houses in order must therefore be questioned. Maimonides, the great Jewish scholar of the 11th century, established a clear hierarchy of philanthropic acts. In his view, the most valuable philanthropic deed involves aid directed at enabling the recipient to become economically independent. His insight is validated by the history of humanitarian aid in the past century, which shows that outside economic aid is only as good as the ability of a recipients economy and government to use it prudently and productively. Thus it is not at all clear that sending more money to the dysfunctional Palestinian economy will do any good. After all, millions of euros transferred to the PA since the 1993 Oslo Accords have been squandered and misused. Indeed, the Palestinian arena provides a telling example of an utterly dysfunctional welfare institution, UNRWA, whose stated goal is to set the Palestinian refugees on the road to self-reliance and sustainable human development. The expectation that UNRWA will help the refugees rebuild their lives and stop living on charity remains unfulfilled. Surprisingly, according to the organizations own figures, the number of refugees has grown, from hundreds of thousands in 1948 to over 4 million in 2004. These numbers indicate a colossal failure on part of UNRWA to turn the refugees into self-reliant individuals. We know that welfare can be addictive. In the case of UNRWA, its activities have created a multi-generational dependence. UNRWA has, in fact, become the main tool for not solving the refugee issue. UNRWA has subordinated the welfare of the people it is supposed to be helping to the political needs of Israels enemies by ensuring that the refugees stay addicted to foreign welfare. In the final analysis, humanitarian aid should be dispensed judiciously, while making sure that it does not preserve poverty and dependence. Addiction can be treated in several ways. Cold turkey is one approach, and the Palestinians should be induced to try it. REFRENCES GILBERT MURRAY, W. R. INGE, J. BURNET, SIR T. L. HEATH, D’ARCY W. THOMPSON, CHARLES SINGER, R. W. LIVINGSTON, A. TOYNBEE, A. E. ZIMMERN, PERCY GARDNER, SIR REGINALD BLOMFIELD