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Logistical Trial to Build a Lipton Tea Factory in Jebel Ali Free Zone

When you hear the phrase “Fast Moving Consumer Goods”, (FMCG), one particular brand comes into yo...

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Palliative Care

Palliative care is an option given to the families of critically ill patients that allow them to take care...

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Selection Effects

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Physical Environment for Infant and Toddler

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IFRS: Investments

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IFRS Impact on Financials

This essay has shown that adoption of the IFRSs will enable investors to make informed investment decisions and bolster financial statements comparability.

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The World’s Most Ethical Companies

“Ethical” is a term used to refer to a good and helpful state of a person, group or an organization. Ethical practice ensures that people have integrity, transparency and good relationships. Ethisphere is an institute that has rated different companies across the world to reward the most ethical among them. The institute attains its goals with the help of information available online and field survey from different countries.

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Convergence of Accounting Standards

The establishment of a single set of international standards that can be used globally and, particularly, for reducing the difference between the (IFRS) International Financial Reporting Standards and (US GAAP) US General Accepted Accounting Principles is what is mainly termed as convergence of accounting standards.

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IFRS and GAAP Convergence

Efforts to converge IFRS and the U.S. GAAP have been ongoing for the past ten years. However, the process has gained wide attention in the last two years. The bodies mandated to set the standards: the Financial Accounting Standards Board for the U.S. GAAP and the International Accounting Standards Board for IFRS, have pointed out 10 main areas where they are set to give new accounting standards

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