This document discusses the balance of payments (BOP), which measures all international economic transactions between a country and foreign residents over a year. It summarizes key aspects of the BOP, including that it is a flow statement rather than a balance sheet and that it has four main accounts: the current account, capital/financial account, official reserves account, and net errors/omissions account. It also discusses how the BOP interacts with important macroeconomic variables like GDP and exchange rates.
The use of Funds in Governmental Accounting NeveenJamal
Governmental Accounting differs from Business enterprise accounting in three major respects:
1 Use a separate funds to accounts for its activities.
2. Use of current financial resources and modified accrual basis.
3. Incorporates Budgetary accounts into the financial Accounting System.
The main objectives of accounting system in government are to provide accountability for resources and to ensure the compliance with budgetary requirements and limitations.
Budgetary Considerations in Governmental AccountingNeveenJamal
The main purpose of government is to provide a variety of services to their citizens.
Most of governmental resources are derived from those who pay taxes, but most tax payer do not pay taxes.
Therefore, It can be said that the various services provided by government must compete with each other for scarce resources.
Budget is a process that provides for accumulating resources and for allocating them among competing programs.
The use of Funds in Governmental Accounting NeveenJamal
Governmental Accounting differs from Business enterprise accounting in three major respects:
1 Use a separate funds to accounts for its activities.
2. Use of current financial resources and modified accrual basis.
3. Incorporates Budgetary accounts into the financial Accounting System.
The main objectives of accounting system in government are to provide accountability for resources and to ensure the compliance with budgetary requirements and limitations.
Budgetary Considerations in Governmental AccountingNeveenJamal
The main purpose of government is to provide a variety of services to their citizens.
Most of governmental resources are derived from those who pay taxes, but most tax payer do not pay taxes.
Therefore, It can be said that the various services provided by government must compete with each other for scarce resources.
Budget is a process that provides for accumulating resources and for allocating them among competing programs.
Learning Objectives
To understand the fundamental principles of how countries measure international business activity, the balance of payments
To examine the similarities of the current and capital accounts of the balance of payments
To understand the critical differences between trade in merchandise and services and why international investment activity has recently been controversial in the United States
To review the mechanical steps of how exchange rates are transmitted into altered trade prices and eventually trade volumes
To understand how countries with different government policies toward international trade and investments, or different levels of economic development, differ in their balance of payments
Chapter 10
International Accounting and Taxation
*
INTERNATIONAL ACCOUNTINGThere is at present no universally accepted definition for international accounting.
International accounting includes all varieties of principles, methods, and standards of all countries.
*
INTERNATIONAL ACCOUNTING (Cont’d)The differences in standards, policies, and techniques reflect varying geographic, social, economic, political, and legal influences of individual countries.
This collection of all accounting principles, methods, and standards is considered the international accounting system.
*
INTERNATIONAL ACCOUNTING (Cont’d)In some countries, such as the United States and Britain, apart from assisting financial decisions by the management, accounting is primarily oriented toward parties external to the business organization who provide capital to it.
Financial reports are very important for the investors and creditors for investment decision making.
*
INTERNATIONAL ACCOUNTING (Cont’d)In some other countries, financial accounting has a different emphasis and performs other roles.
For instance, accounting is mainly used by the government to ensure the collection of the proper amount of income tax in many Latin American countries.
*
GENERAL ACCOUNTING MODELSNo two countries have identical financial reporting and disclosure system.
However, certain countries maintain some similar practices based on close political and economic ties, geographic proximity, and similar legal systems.
*
GENERAL ACCOUNTING MODELS (Cont’d)Almost every former British colony follows British financial accounting practices.
Practices in Canada and Mexico are heavily influenced by U.S. practice due to geographic proximity and close political and economic ties.
*
British-American ModelThis accounting cluster is represented by forty-three countries. It is the most influential model, dominated by the accounting practices used in the United Kingdom and the United States.
*
British-American Model (Cont’d)Apart from being used as an international control tool by managers on a daily basis, the accounting role is relatively oriented toward the decision needs of investors and creditors, since both public ownership and debt financing are greatest in these countries.
*
Continental ModelAccounting in the continental cluster is influenced by the practices found in the continental European countries and Japan. In this model, most countries practice civil law and banks primarily supply capital to businesses.
It is not the primary role of financial accounting to provide timely and sophisticated reports for investors’ decision-making needs.
*
South American ModelNine South American countries are included in this accounting cluster. Spanish is a dominant language in this group except for Brazil, which uses Portuguese.
The most distinctive aspect of accounting practice in this model is the persistent use of adjustment for inflation since all these c ...
Knowledge level icab class lectures
Knowledge level icab class lectures
Knowledge level icab class lectures
Knowledge level icab class lectures
Knowledge level icab class lectures
For RF Optimisation and neighbour verification both Scanner and UE measurements are required simultaneously
Post-Processing tool is required for data analysis
Individual call failures or drops can be analysed with Drive test tools (e.g. Nemo Outdoor) but to get bigger picture, a proper analysis tool is required
Actix or Nemo Analyser can be used for
Data analysis
Create Maps
Create KPI reports
To meet customers' requirements for high-quality networks, LTE trial networks must be optimized during and after project implementation. Radio frequency (RF) optimization is necessary in the entire optimization process. This document provides guidelines on network optimization for network planning and optimization personnel.
LTE specifications support the use of multiple antennas at both transmitter (tx) and receiver (rx). MIMO (Multiple Input Multiple
Output) uses this antenna configuration.
LTE specifications support up to 4 antennas at the tx side and up to 4 antennas at the rx side (here referred to as 4x4 MIMO
configuration).
In the first release of LTE it is likely that the UE only has 1 tx antenna, even if it uses 2 rx antennas. This leads to that so called
Single User MIMO (SU-MIMO) will be supported only in DL (and maximum 2x2 configuration).
The Master Information Block (MIB), which includes a limited number of the most frequently transmitted parameters which are essential for a UE’s initial access to the network.
System Information Block Type 1 (SIB1), which contains parameters needed to determine if a cell is suitable for cell selection, as well as information about the time domain scheduling of the other SIBs.
System Information Block Type 2 (SIB2), which includes common and shared channel information
Main purpose of this document is to discuss LTE basic call flows.
It also introduces LTE network architecture, Nodes, their functionality as well as interfaces that
connect these network nodes.
A brief description of UE states is also given.
A study on the effect of handover parameters on the network performance will be done in a trial cluster (part of Cerritos)
The parameter change to be implemented as an iterative process with each drive and the results to be compared to analyze the effect of the parameters
This document presents an overview of the functionality included in MoShell, command line syntax,
revision history and other important information.
It is important that all engineers working with MoShell read this document before using the tool as it
contains important operational information
Handover between WCDMA and GSM allows the GSM network to be used
to give fallback coverage for WCDMA technology. This means that subscribers
can experience seamless services—even with a phased build-out
of WCDMA—which is of importance to the commercial launches in 2003.
As the leading total system provider, Ericsson has developed technologies
that overcome the challenges of interworking between WCDMA and
GSM. For example, Ericsson was first to demonstrate handover from
WCDMA to GSM in a live network.
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
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