Introduction to accounting Essay Example | Topics and Well Written Essays - 750 words

Introduction to accounting - Essay Example Sun pharmaceutical is considered as one of the largest and also fastest growing pharmaceutical company of India. It’s most famous and powerful brands are handled by good marketing executives. Sun Pharmaceutical is the largest drug company of India; it earns revenue of around $4.3 billion. Accounting policies that are laid down require a selection of the accounting standard which is needed to be followed by the company and their application and estimation. Accounting policies affects the goodwill and intangible assets, the benefits provided to its employees, its acquisition. A consolidated Financial Statement is to be prepared and reviewed as they help in reflecting the operating, financing and investing activities of the company and also it helps in assistance of Employee Stock Option Plan for the employees working in the company. The expected return on the investment of the company and other planned asset should be estimated. Accounting policies will provide guidance to Sun P harmaceutical in the acquisition of Ranbaxy. Under the purchase method of the Consolidated Financial Statement it helps in the operation of an acquired business from it’s starting to its completion of acquisition. Fair value is very essential to be determined by the company for estimation of price of the product. Fair value is influenced by the Efficient Market Hypothesis and the intangible assets of the company that is the brand value or the goodwill of the company basically depends on the assumption of the expected future cash flow. The brand value of a product is a long term and it goes along with the company , therefore the brand value of a company is affected by number of factors product life cycle, market share, macroeconomic environment, market share, competitive environment of the countries in which the country is willing to sell the brand(Gary and Curtis 2014). Accountants are more

Role of Higher Education Annotated Bibliography Example | Topics and Well Written Essays - 750 words

Role of Higher Education - Annotated Bibliography Example All levels of education enhance sustainable development according to the agendas they give the first priority. These agendas should give sustainable development the first priority. This ideas and efforts should be initiated from the lowest education levels going all the way to the highest level of education, the university, for effectiveness and success. There are three issues involved in promoting sustainable development through higher education: observation of all the aspects of our routines in regards to sustainability, encouraging understanding of the difficulties of sustainability and lastly finding out the proper and latest ways and procedures to promote sustainable development. The higher education institutions have to play a very important role to foster the process of sustainable development. There are major problems faced in this area of development. They include dangerous infectious diseases, hunger, pollution, energy, climate changes among others. The higher education institutions can come up with research ideas and tools to help solve all those problems, to help promote sustainability. This article is very important and useful for my research because it helps understand the role of higher education in sustainable development. The article explains clearly what the higher education institutions can do to help promote sustainable development. The Impact of Higher Education on Economic Development is an article by Larry Gigerich. This article analyzes the role of higher education on economic development. He argues that higher education institutions like colleges and universities have a very important and practical role concerning national economic development. According to this article, national economic development and higher education are linked together. In the past years, colleges and universities have just been teaching