Corporate Reporting Essay Example | Topics and Well Written Essays - 1500 words

Corporate Reporting - Essay Example "Usually mergers occur in a consensual setting where executives from the target Company help those from the purchaser in a due diligence process to ensure that the deal is beneficial to both parties." (Wikipedia) Goodwill is defined as the present value of future earnings in excess of the normal return on net identifiable assets. According to the acquisition events it's defined as the excess of the cost of acquisition over a group's interest in the fair value of the identifiable assets and liabilities of a subsidiary, associate or jointly controlled entity at the date of acquisition. Goodwill is treated as an asset in the balance sheet of a company. The reduction in the goodwill needs to be calculated at annual basis and the decrease should be written off in the profit and loss account. Due to the replacement of IAS22 by the IFRS3 the treatment of goodwill changed to the defacement-only practice in January 2005. The US GAAP has the same treatment of Goodwill and defines it as the surplus acquisition price paid in addition to the fair value of the net identifiable assets. The change in treatment was first undertaken after the imposition of the SFAS142 which transformed the goodwill accounting from changed accounting for goodwill from a paying-off method to defacement-only method in July 1, 2001. As the standard was affecting international groups many of them preferred using US GAAP standards which could minimize the adverse effects of goodwill amortization and was beneficial for the groups The acquiring company should make sure that the value in excess to the fair value of the net assets should not be reduced and hence this difference should be treated as an asset that's not really identifiable. The standard addresses all the issues regarding the disclosure of the information regarding the acquisition and the management can play an important role in making the most of this information. It suggests that an effective business report must have More forward looking information Have more coverage of non-financial value creating information. Should align internal and external information. The model includes different components of business reporting, which are: 1) financial and non financial data regarding the acquisition 2) Management's analysis of financial and non-financial data. 3) Future forecasting information regarding the goodwill. 4) Shareholders and management related information. 5) Background information. 6) Proper disclosure of information 7) Proper information regarding each business segment. The model provides the shareholders and investors with the case of proper information regarding the securities in order to save them from being misallocated. IFRS3 puts more emphasis on stakeholders' relationship rather than on financial measures. Heavy reliance on financial measures has damaged most of the company's reputation. The financial performance does not represent the overall performance of the business. The position of the company in the market and the performance cannot be judge by only addressing the financial measures. The standard recommends that the role of the intangible assets is growing in determining the future performance of a company. The standard provides the solution in shape of focusing more on qualitative measures rather than

The Acute Pain on the Chest during Angina Essay

The Acute Pain on the Chest during Angina - Essay Example This essay is, therefore, going to elaborate on the nursing problems in Mrs. Brown’s case as well as the nursing interventions for each problem illustrated (Anderson 2007). The patient’s first problem is the acute pain in the chest which she rates it at a scale of 9/10. This problem relates to the patient since the symptoms that the patient narrates are the characteristics of Angina. The patient points out that she is sweaty and that she feels an extreme pain in the chest which feels like someone was squeezing out on her chest. The patient’s history of hypertension implies that she has a problem with the circulation of blood in her body due to the narrowing of the airways. The two main priority interventions for this problem are the administering of nitroglycerin to the patient to relieve the acute pain and encouraging deep breathing and coughing exercises (Johnson 2008). Before embarking on any intervention, a nurse should be able to establish the history of the patient in order to match the patient’s condition with the symptoms that she depicts. This will help the nurse in making the right diagnosis for the patient. The baseline i nformation that was obtained by the nurse in the case of Mrs. Brown will include the weight, blood pressure, pulse rate and respiration rate. This information helped the nurse to come to a conclusion that Mrs. Brown really suffered from Angina and Hypertension (Ang, et al., 2009). Cameron (2011) points out that when the patient is administered with a dose of nitroglycerin, the action of this medicine will help to dilate the coronary arteries and instantly increase the venous pooling consequently reducing the rate at which oxygen is used in the body as well as the myocardial preload. The pain that is experienced by Mrs. Rose is due to the lack of enough oxygen supply to the heart making her have a feeling of squeezing in the heart.   This drug will help in the redistribution of blood to the area of the heart muscle (Blackwood 2009). The administering of the drug should be started in the ED sublingually or by using a spray after every five minutes for three doses.