Does legislation allow differential reporting? Discuss.

1.What is differential reporting?  2 Does legislation allow differential reporting? Discuss.

 

3 What are the arguments in favour of differential reporting? Discuss whether or not you

accept these arguments.  4 What is a reporting entity? What factors may be employed to determine whether an entity is a reporting entity?  5 Which of the following are likely to be reporting entities, according to SAC1? Give reasons.

(a) A proprietary company growing vegetables: family shareholders are the employees

and directors and there are no external borrowings.

(b) A proprietary company in light engineering: it has 70 employees, two working

shareholders/directors, a bank overdraft facility of $30 000 and gross annual operating

revenue of $15 million . (c) A public company in the transport industry: it has 250 shareholders, of whom three are working directors, 360 employees, and substantial bank and finance company borrowings.

(d) A proprietary company in the waste and toxic chemical disposal industry: it is

managed by family shareholders; has 120 employees, no external borrowings,

and gross operating revenues of $20 million; and controls $7 million in gross

assets.

 

find the cost of your paper

erive the differential equations in terms of the liquid heights h1 and h2.

  Figure 7.18 shows a liquid-level system in which two tanks have cross-sectional areas A1 and A2, respectively. The volume flow rate into tank 1 is qi. A pump is connected to the bottom….

Derive the differential equation relating the liquid height h and the volume flow rate qi at the inlet.

  Consider the single-tank liquid-level system shown in Figure 7.19, where the volume flow rate into the tank through a pipe is qi. The liquid leaves the tank through an orifice….

Derive the differential equations in terms of the liquid heights h1 and h2.

Figure 7.20 shows a hydraulic system of two interconnected tanks that have the same cross-sectional area of A. A pump is connected to tank 1. Assume that the relationship between the….