...1.0 Introduction 1 2.0 Discussion 2 2.1 Exploration and Development costs creates a Deferred Tax Liability 2 2.2 Analysis on arguments by directors 3 2.2.1 No Income Tax Expenses 3 2.2.2 No deferred tax liability 4 2.2.3 Tax losses 5 2.3 Information utility to users of financial report of deferred tax liabilities 6 3.0 Conclusion 7 References 8 1.0 Introduction Accounting Standard AASB 112 (Income Taxes) prescribe the accounting treatment for income taxes. As stated by Leo, Hoggett, & Sweeting (2012), transactions undertaken by an entity and other events affecting the entity have two separate effects, which are current and future tax consequences. This is because accrual principal is applied on accounting treatment whereas income tax treatment uses the cash flow method. For accounting treatment, accounting profit is profit or loss for a period before deducting tax expense whereas for income tax treatment, taxable income described as gross income minus any allowable deduction. Difference between accounting and tax treatments lead to taxable temporary differences and deductible temporary differences. Discussion was carried out to determine how exploration and development cost create a deferred tax liability, analyse the argument presented by the directors in view of the AASB 112 and discuss the infromation ultility to readers of annual report of including or excluding deferred tax liability. 2.0 Discussion 2.1 Exploration and Development costs creates...
Words: 1275 - Pages: 6
...math 211 course syllabus [pic] College of Natural Sciences Course Syllabus MTH/211 Version 1 Quantitative Reasoning CV12FS05 Copyright Copyright © 2011 by University of Phoenix. All rights reserved. University of Phoenix® is a registered trademark of Apollo Group, Inc. in the United States and/or other countries. Microsoft®, Windows®, and Windows NT® are registered trademarks of Microsoft Corporation in the United States and/or other countries. All other company and product names are trademarks or registered trademarks of their respective companies. Use of these marks is not intended to imply endorsement, sponsorship, or affiliation. Edited in accordance with University of Phoenix® editorial standards and practices. Course Description This applications-driven course prepares students to critically analyze and solve problems using quantitative reasoning. Students will learn the importance of mathematics and its value to society. Applications to real-world situations are emphasized throughout the course including economics, finance, and statistics. Course Topics & Objectives Week One: Numerical Reasoning: Organizing Data • Interpret information depicted in charts and graphs. ...
Words: 2343 - Pages: 10
...balance between exploration and exploitation. There has been scant attention to what makes an individual ambidexterious. Several reasons warrant the examination of entrepreneur ambidexterity in small and medium sized enterprises (SMEs): 1. Small business have limited resource endowments. Since exploration and exploitation compete for scarce resources, attention and organizational routines, the situation is likely to heighten the paradoxes facing entrepreneurs. 2. Most SMEs are owned and managed by one individual or a very small group of individuals: the owner-manager makes virtually all the strategic decisions. Ambidexterity: 1. Literally: the ability to use both hands with equal ease. 2. In management: used to refer to an organization’s ability to do two seemingly paradoxical things simultaneously: * To explore and exploit * Be efficient and be flexible * Align and adapt Distinction between exploration and exploitation (March): * Exploration: includes things like research, variation, risk-taking, experimentation, play, flexibility, discovery, innovation. * Exploitation: includes thing like improvement, choice, production, efficiency, implementation, execution. According to March, organizational ambidexterity has been traditionally viewed as an organization-level construct that manifests itself in an organization’s explorative and exploitative attainments. Managers who strive to engage in both exploration and exploitation...
Words: 1624 - Pages: 7
...Teaching Period 3, 2013 SLSS102 Explorations in Sociology Assessment 1: Minor essay Word limit: 1000 (+/- 10%) Due date: 9am AEDT Monday 2 December (Week 5) Weighting: 20% Assessment details Write a 1000-word essay on one of the following topics: TOPIC 1: Which is more important in shaping individual identity: social structure or social interaction? TOPIC 2: Explain how culture and socialisation interact in a sociological context. In your essay you should: • • • • • Demonstrate your understanding of themes covered so far in this unit. Use the three texts listed in the resources box (right) to answer your selected question. In addition you should use a minimum of TWO references to augment the material in these texts. Support your discussions with examples from the social world. Use correct Harvard referencing style. Essay resources To answer your chosen topic, use: Your eText: Sociology: a down to earth approach (Possamai & Possamai-Indesedy 2011). The following eBooks: • • Plummer, K 2010, Sociology: the basics, Taylor & Francis e-library. Back, L, Bennett, A, Edles, L,Gibson, M, Inglis, D, Jacobs, R, Woodward, I 2012 Cultural sociology: an introduction, Wiley. To augment the material in these texts you may use other sociology textbooks, articles from the Swinburne library database and current media articles. 1 SLSS102 Explorations in Sociology Assessment criteria Your essay should clearly address the question and include relevant ideas addressed in...
Words: 820 - Pages: 4
...different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Course Materials All electronic materials are available on the student website at https://ecampus.phoenix.edu. Adobe Flash download: http://get.adobe.com/flashplayer/ Adobe Shockwave download: http://get.adobe.com/shockwave/ ® ® ® ® Week One: Going to Class Details Objectives 1.1 Identify eCampus and the Online Learning System (OLS) features and tools. 1.2 Prepare computer set-up for class. 1.3 Recognize attendance and participation requirements. 1.4 Discuss appropriate academic communication practices. Log in to the student website at https://ecampus.phoenix.edu. Click the Discussion link on the UNIV/100 website to enter the Online Learning System (OLS). Explore the Main, Course Materials, Individual, and Chat Room forums to...
Words: 3203 - Pages: 13
...to such innovation. Being digitally joined has gotten to be continually basic to economic, instructive, and social headway. The objective of this exploration subsidizing activity is to create new information that will help stretch the capacities of figuring engineering better to serve social and economic difficulties of underserved groups, both provincial and urban. The expression Data and Communication Technology for Development are likewise utilized as a part of the scholarly research group to depict this same objective. Information and Communication Technologies must be moderate, available, and important. Novel methodologies in figuring engineering have the potential for the extraordinary effect in a scope of regions, including instruction, human services, and economic improvement. The significance that exploration projects can have around there is noteworthy since there are troublesome mechanical issues to be unraveled to understand that vision. For example, work in last-mile organizing bases, making instinctive client interfaces, creating ease processing gadgets and making applicable applications in regions (Werthner, 2009). Research Purpose For my research, I will be aiming to know how ICT helps small and huge business in Taiwan. I will utilize an ethnographic approach and will use the main part of my field exploration talking with and talking with business people and individuals who are straightforwardly or in a roundabout way connected to SME advancement. Besides...
Words: 988 - Pages: 4
...AS/A2 English Literature B Student Guide A-LEVEL STUDENT HANDBOOK CONTENTS PAGE | | | |What we Expect of A-Level Students |3 | |Overview of the AS and A2 Course |4 | |Assessment Objectives |5 | |AS Marking Criteria |6 | |A2 Marking Criteria |7 | |Selecting and Studying Texts |8 | |Approaching Essays – coursework |9 | |Punctuation Guide |11 | |Glossary of Literary Terms |12 | |Reading List ...
Words: 4760 - Pages: 20
...1 NASA OFFICE OF PUBLIC AFFAIRS 303 E STREET, S.W., #P WASHINGTON, D.C. 20546 (202) 358-1600 GLOBAL EXPLORATION STRATEGY AND LUNAR ARCHITECTURE SPEAKERS: SHANA DALE, Deputy Administrator DOUG COOKE, Deputy Associate Administrator, Exploration Systems Mission Directorate SCOTT HOROWITZ, Associate Administrator, Exploration Systems Mission Directorate [Moderated by Dean Acosta, NASA Press Secretary] Monday, December 4, 2006 Johnson Space Center [TRANSCRIPT PREPARED FROM A DIGITAL RECORDING.] MALLOY TRANSCRIPTION SERVICE (202) 362-6622 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 P R O C E D I N G S MR. ACOSTA: Good afternoon, and welcome to Johnson Space Center here in Houston for today's exciting announcement for the Global Exploration Strategy and Lunar Architecture announcement. Secretary. It is an exciting day at NASA and exciting week, and joining us for today's announcement, to my right, is NASA's Deputy Administrator Shana Dale. To her right is I am Dean Acosta, NASA Press the Deputy Associate Administrator for Exploration Systems Directorate, Doug Cooke, and to Doug's right is the Associate Administrator for Exploration Systems Directorate, Scott Horowitz. We are going to go through a presentation, and then we will get to your questions and have a question-and-answer session later in the announcement. So right now, I would like to turn it over to Deputy Administrator Shana Dale. DEPUTY ADMINISTRATOR DALE: Thank you, Dean. I am so...
Words: 10602 - Pages: 43
...synthesis Essay Is space exploration really worth the cost? This is the inevitable question we must face when deciding how much of our tax dollars and the federal government's dollars are spent on space exploration versus things such as education, social security, medicare and health. Although space exploration could eventually make a difference in the way we live our lives and life as we know it here on Earth, we should be focused on the things that could change our lives now. Things like a cure for cancer, and a cure for HIV and AIDS. Our money needs to stop being spent on space exploration, and be put towards something that’s been proven to benefit the people of our nation. It would not be wrong to say that maybe one day space exploration could provide us with something miraculous here on earth, but in the meantime the extensive amount of money being spent on space exploration should stay here where we can make a difference now. In February of 2006, Margaret Mclean published an article on a web page dedicated to ethics called To Boldly Go: Ethical Considerations for Space Exploration. The article stated, “almost $17 billion will fly into NASA’s coffers with around $5.3 billion dedicated to space exploration” (source E). I don’t know about you, but to me this seems like an awful lot of money to be spending on something that has no supporting evidence of benefiting the United States and its people. Our government is responsible for how our tax money is spent and it is clear...
Words: 723 - Pages: 3
...Kinetic Theory Objectives • Describe how the kinetic-molecular theory is used to explain how gases behave at different temperatures. (Exploration 1) • Analyze data that shows how gas particle mass affects that gas’s behavior. (Exploration 2) • Describe the Maxwell-Boltzmann Distribution. (Explorations 1 and 2) Description of Activity The kinetic-molecular theory states that a collection of gas molecules’ average kinetic energy has a specific value at any given temperature. In this activity, you will study how temperature and gas particle mass affect the frequency distribution of gas particle speeds. You will examine and analyze speed frequency distribution graphs. This distribution is called the Maxwell-Boltzmann Distribution. Jump Start 1. What is kinetic energy? 2. What is thermal energy? 3. What happens to a gas’s thermal energy as that gas’s temperature increases? 4. What happens to the average speeds of the particles in a gas when one increases that gas’s temperature? Safety Discussion If you conduct this experiment in a laboratory setting, be aware that gases heated in a closed container could result in the container exploding. Exploration 1: The Effect of Temperature on Gas Behavior Procedure 1. Choose any gas from the list box. 2. Set Temperature to any value. Observe the shape of the frequency distribution of speeds graph. Sketch this graph. Record...
Words: 566 - Pages: 3
...PSY 410 Entire Course (2 Set) FOR MORE CLASSES VISIT www.psy410assist.com This Tutorial Contains 2 Set for all the Assignment (Check Details Below) PSY 410Week 1 Discussion Question 1 PSY 410Week 1 Discussion Question 2 PSY 410 Week 1 Timeline of Abnormal Psychology (2 Set) PSY 410 Week 1 Assignment Worksheet PSY 410Week 2 Discussion Question 1 PSY 410Week 2 Discussion Question 2 PSY 410 Week 2 Annotated Bibliography (2 Set) PSY 410Week 3 Discussion Question 1 PSY 410Week 3 Discussion Question 2 PSY 410 Week 3 Neuro developmental and Neuro cognitive Disorders Paper (2 Papers) PSY 410 Week 3 Treatment of Neuro developmental and Neuro cognitive Disorders Presentation (2 Set) PSY 410Week 4 Discussion Question 1 PSY 410Week 4 Discussion Question 2 PSY 410 Week 4 Substance Related Treatment Presentation (2 PPT) PSY 410 Week 4 Treatment of Personality Disorders Debate (2 Paper) PSY 410Week 5 Discussion Question 1 PSY 410Week 5 Discussion Question 2 PSY 410 Week 5 Individual Programmatic Assessment PSY 410 Week 5 Psychological Disorders Presentation (2 PPT) ------------------------------------------------------------------ PSY 410 Week 1 Assignment Worksheet To Purchase This Material Click below Link FOR MORE CLASSES VISIT www.psy410assist.com Complete the Week One Assignment Worksheet. Click the Assignment Files tab to submit your assignment. Week One Assignment Worksheet Match the definitions to the correct theoretical model. 1. ...
Words: 859 - Pages: 4
...ideation, homicidal ideation or if applicable refer the student to an outside substance abuse clinic, ideally in the client’s community. The facilitator will provide eligible students with information about the location and meeting times as well as available spots in sessions. They will aid eligible students with the signing up procedures and other logistical issues. In addition to signing up for a session eligible students will be informed about the expectation of confidentially during the intervention, its possible limitations in-group work as well as the legal requirements of the counselor (e.g. the duty to warn). With the goal of fostering an atmosphere of trust and openness, students will assured that their contributions to group discussion during the intervention will be confidential and that their disclosures will remain completely separate from any disciplinary record with the school. A three-month calendar that will be utilized in the timeline follow-back (TLFB; Sobell & Sobell, 1992) intervention will be provided to the student. The exercise will be explained and future participants will be asked to begin to think about their drinking behavior for the previous three months. The expectation not will be that students complete the intervention outside of the session, but that mentioning it during the pre-group meeting will help prime participants for the exercise. In order to optimize any benefits telling of them about the intervention beforehand might provide the calendar...
Words: 1927 - Pages: 8
...PSAK Training www.pwc.com/id Exploration and Evaluation of Mineral Resources (PSAK 64) Stripping Activities and Environmental Management (PSAK 33 R 2011) September 2011 Stripping Activities and Environmental Management (PSAK 33 R 2011) Exploration and Evaluation of Mineral Resources (PSAK 64) September 2011 Page 2 PSAK 64 and PSAK 33 (R 2011) • In 2011, Indonesian Financial Accounting Standard Boards has authorised: PSAK 64 Exploration and Evaluation of Mineral Resources PSAK 33 (Revised 2011) Stripping Activities and Environmental Management in General Mining • • • Both Standards are effective from 1 January 2012. PSAK 64 is virtually mirroring IFRS 6 Exploration and Evaluation of Mineral Resources (per January 2009) Revisions on PSAK 33 are made to: • Remove the overlapping of regulation between the (old) PSAK 33 on one side and PSAK 64 on the other side. • maintain previous regulations on the PSAK 33 that are not addressed in PSAK 62 September 2011 Page 3 What are PSAK 64/ IFRS 6 actually talking about? ● IFRS 6 was issued in December 2004 as a temporary Standard before the IASB finish a more comprehensive Standard for mining activities. ● An entity has to determine a consistent accounting policy specifying which expenditure on exploration and evaluation will be recorded as an asset. ● In determining the policy, an entity can decide to apply the Conceptual Framework, or retain the accounting policies it has applied previously even if those do not comply with...
Words: 883 - Pages: 4
...nations establish their standards by expanding countries. In this stimulation summary addressing international legal and ethical issues this discussion will explain how the issues resolve legal disputes and international transactions. Describing some particular considerations of taking legal action against foreign business based in another country. What factors that works against CadMex decisions to grant sublicensing agreements. When the local customs and laws conflict with customs, laws conflict with customs, and laws of an organization operating abroad, in which should be prevail. Compare the issues in the simulation to the domestic legal issues, and how the companies should resolve domestic and international issues differently. History of CadMex Pharma and Gentura CadMex Pharma is a pharmaceutical company based in Tampa, Florida. These products are produced in 127 countries across the world. The company researches in developing drugs and manufacturing techniques. Gentura is a biotechnology company based in Candore, in which a small developing country on a high on high-growth curve. The company has evolved to a biotechnology company focused on biopharmaceutical products. Issues Revolving legal disputes in international transactions The issues in the dispute prevailed that in 1998 an American company obtained rights for exploration and extraction in parts of Costa Rica. In 2002, the Costa Rican government cancelled the contract. There were 50 reasons that proposed the plans...
Words: 412 - Pages: 2
...motivations for the exploration of distant space: • Human survival: ideas related to creating a legacy for the human species, backing up the Earth’s biosphere, and enabling long-term survival in the face of catastrophic disasters on Earth. • Contact with other life: finding answers to whether there is other life in the universe, whether “intelligent” life exists elsewhere in the galaxy, and at a basic level, whether we are alone in the universe. • Evolution of the human species: exploration as a human imperative, expansion of human understanding and consciousness through space exploration. • Scientific discovery: breakthroughs in scientific understanding of the natural universe, a pursuit for knowledge. • Belief and faith: a search for God or the Divine, a need to explore beyond Earth’s atmosphere as a part of natural theology or as found through religious revelation. These drivers for exploration were identified through group discussion as the most significant, high-level reasons why human societies and individuals would undertake the exploration of space over long timescales and distances. Survival was identified as a driver for space exploration through the potential to ensure human survival in the face of planetary-wide catastrophes (including asteroid impacts and mass extinction events) and to potentially provide non-terrestrial repositories for biosphere backups. Contact with other life was identified as a fundamental driver for human exploration of space...
Words: 2715 - Pages: 11
