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  • حل اسايمنت b291 00966597837185 حلول اسايمنتات b291 مهندس احمد الجامعة العربية المفتوحة assignment tma b291

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    B291: TMA – FALL 2018-2019 Financial Reporting on the Internet (Case study: Philips) Use the 2017 Annual report of Philips to answer the following questions: 1- Stakeholders can affect or be affected by the organization's actions, objectives and policies. Discuss at least two types of stakeholders and give examples from the Philips annual report to justify your answer. Also explain the reason of their interest in the financial statements. [Marks (Words): 10(300)] 2- As you learned in Unit 1, Session 3, the major environmental factors impacting on an organization can be grouped under four headings: political/legal, economic, social/demographic and technological (PEST analysis). Giving examples from the annual report, discuss the impact of each of the elements in the PEST analysis on Philips. [Marks (Words): 10(300)] 3- In which category of users or stakeholders do you think the following fit from the Philips Annual report 2017? a. Frans Van Houten b. Audit & Risk committee c. Ernts & Young LLP d. Apollo Global Management LLC [Marks (Words): 10(50)] 4- IAS 16 Property, plant and equipment identifies and describes two different models of accounting for tangible non-current assets. Discuss the importance of these two models and Identify the depreciation methods used by Philips. [Marks (Words): 10(100)] 5- In preparing financial statements in accordance with IFRS, there are certain accounting policies that may require a judgment or estimation in their application. Give examples of Philips estimates and assumptions reported in consolidated financial statements. [Marks (Words): 10(100)] 6- It is important to classify the expenditure separately in the field of accounting because of their nature of expenditure as revenue and capital expenditures. Identify the difference between revenue expenditure and capital expenditure and provide the example from Annual report of Philips for capital expenditure. [Marks (Words): 10(100)] 7- The going concern concept is a fundamental principle of accounting. Explain why the going concern basis is important in understanding Philips financial statement; Support your answer with evidence from Philips annual report. [Marks (Words): 10(100)] 8- There are different basis approaches to valuing inventory that are allowed by GAAP, explain the principal’s methods of valuation required by IAS2 inventories, provide some evidence from annual report of Philips. [Marks (Words): 10(100)] 9- Recovery of receivables are not always definite, sometimes debtors are unable to pay in time. Explain the concept of allowances for irrecoverable receivable and analyze the Philips allowances for receivables information given in annual report. [Marks (Words): 10(100)] 10- Revenue recognition is a generally accepted accounting principle (GAAP) that determines the specific conditions in which revenue is recognized or accounted for. Classify the revenue recognition method(s) used by Philips as discussed in annual report. Explain the rationale underlying the appropriateness of methods used by Philips. [Marks (Words): 10(100)] [Total Marks = 100] b291 حل واجبات 00966597837185 الجامعة العربية المفتوحة 00966597837185 ,, حلو ل واجبات الجامعة العربية المفتوحة ,, جروب الإمتياز المهندس أحمد حل واجب b291 حلول واجبات b291 حل الواجب b291 حلول الواجبات b291 TMA بدون تشابه حل واجبات الجامعة العربية المفتوحة 00966597837185 ,, حلو ل واجبات الجامعة العربية المفتوحة ,, جروب الإمتياز المهندس أحمد حل واجب b291 حلول واجبات b291 حل الواجب b291 حلول الواجبات b291 TMA بدون تشابه حل واجب b291 - 00966597837185 - b291 حلول واجبات b291 الجامعة b291 العربية b291 المفتوحة b291 00966597837185 TMA حل واجبات b291 المهندس أحمد @ الجامعة العربية المفتوحة

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    B291: TMA – FALL 2018-2019 Financial Reporting on the Internet (Case study: Philips) Use the 2017 Annual report of Philips to answer the following questions: 1- Stakeholders can affect or be affected by the organization's actions, objectives and policies. Discuss at least two types of stakeholders and give examples from the Philips annual report to justify your answer. Also explain the reason of their interest in the financial statements. [Marks (Words): 10(300)] 2- As you learned in Unit 1, Session 3, the major environmental factors impacting on an organization can be grouped under four headings: political/legal, economic, social/demographic and technological (PEST analysis). Giving examples from the annual report, discuss the impact of each of the elements in the PEST analysis on Philips. [Marks (Words): 10(300)] 3- In which category of users or stakeholders do you think the following fit from the Philips Annual report 2017? a. Frans Van Houten b. Audit & Risk committee c. Ernts & Young LLP d. Apollo Global Management LLC [Marks (Words): 10(50)] 4- IAS 16 Property, plant and equipment identifies and describes two different models of accounting for tangible non-current assets. Discuss the importance of these two models and Identify the depreciation methods used by Philips. [Marks (Words): 10(100)] 5- In preparing financial statements in accordance with IFRS, there are certain accounting policies that may require a judgment or estimation in their application. Give examples of Philips estimates and assumptions reported in consolidated financial statements. [Marks (Words): 10(100)] 6- It is important to classify the expenditure separately in the field of accounting because of their nature of expenditure as revenue and capital expenditures. Identify the difference between revenue expenditure and capital expenditure and provide the example from Annual report of Philips for capital expenditure. [Marks (Words): 10(100)] 7- The going concern concept is a fundamental principle of accounting. Explain why the going concern basis is important in understanding Philips financial statement; Support your answer with evidence from Philips annual report. [Marks (Words): 10(100)] 8- There are different basis approaches to valuing inventory that are allowed by GAAP, explain the principal’s methods of valuation required by IAS2 inventories, provide some evidence from annual report of Philips. [Marks (Words): 10(100)] 9- Recovery of receivables are not always definite, sometimes debtors are unable to pay in time. Explain the concept of allowances for irrecoverable receivable and analyze the Philips allowances for receivables information given in annual report. [Marks (Words): 10(100)] 10- Revenue recognition is a generally accepted accounting principle (GAAP) that determines the specific conditions in which revenue is recognized or accounted for. Classify the revenue recognition method(s) used by Philips as discussed in annual report. Explain the rationale underlying the appropriateness of methods used by Philips. [Marks (Words): 10(100)] [Total Marks = 100] b291 حل واجبات 00966597837185 الجامعة العربية المفتوحة 00966597837185 ,, حلو ل واجبات الجامعة العربية المفتوحة ,, جروب الإمتياز المهندس أحمد حل واجب b291 حلول واجبات b291 حل الواجب b291 حلول الواجبات b291 TMA بدون تشابه حل واجبات الجامعة العربية المفتوحة 00966597837185 ,, حلو ل واجبات الجامعة العربية المفتوحة ,, جروب الإمتياز المهندس أحمد حل واجب b291 حلول واجبات b291 حل الواجب b291 حلول الواجبات b291 TMA بدون تشابه حل واجب b291 - 00966597837185 - b291 حلول واجبات b291 الجامعة b291 العربية b291 المفتوحة b291 00966597837185 TMA حل واجبات b291 المهندس أحمد @ الجامعة العربية المفتوحة

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    حل اسايمنت b291 00966597837185 حلول اسايمنتات b291 مهندس احمد الجامعة العربية المفتوحة assignment tma b291

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    الأستاذ 00966597837185
    B291: TMA – FALL 2018-2019 Financial Reporting on the Internet (Case study: Philips) Use the 2017 Annual report of Philips to answer the following questions: 1- Stakeholders can affect or be affected by the organization's actions, objectives and policies. Discuss at least two types of stakeholders and give examples from the Philips annual report to justify your answer. Also explain the reason of their interest in the financial statements. [Marks (Words): 10(300)] 2- As you learned in Unit 1, Session 3, the major environmental factors impacting on an organization can be grouped under four headings: political/legal, economic, social/demographic and technological (PEST analysis). Giving examples from the annual report, discuss the impact of each of the elements in the PEST analysis on Philips. [Marks (Words): 10(300)] 3- In which category of users or stakeholders do you think the following fit from the Philips Annual report 2017? a. Frans Van Houten b. Audit & Risk committee c. Ernts & Young LLP d. Apollo Global Management LLC [Marks (Words): 10(50)] 4- IAS 16 Property, plant and equipment identifies and describes two different models of accounting for tangible non-current assets. Discuss the importance of these two models and Identify the depreciation methods used by Philips. [Marks (Words): 10(100)] 5- In preparing financial statements in accordance with IFRS, there are certain accounting policies that may require a judgment or estimation in their application. Give examples of Philips estimates and assumptions reported in consolidated financial statements. [Marks (Words): 10(100)] 6- It is important to classify the expenditure separately in the field of accounting because of their nature of expenditure as revenue and capital expenditures. Identify the difference between revenue expenditure and capital expenditure and provide the example from Annual report of Philips for capital expenditure. [Marks (Words): 10(100)] 7- The going concern concept is a fundamental principle of accounting. Explain why the going concern basis is important in understanding Philips financial statement; Support your answer with evidence from Philips annual report. [Marks (Words): 10(100)] 8- There are different basis approaches to valuing inventory that are allowed by GAAP, explain the principal’s methods of valuation required by IAS2 inventories, provide some evidence from annual report of Philips. [Marks (Words): 10(100)] 9- Recovery of receivables are not always definite, sometimes debtors are unable to pay in time. Explain the concept of allowances for irrecoverable receivable and analyze the Philips allowances for receivables information given in annual report. [Marks (Words): 10(100)] 10- Revenue recognition is a generally accepted accounting principle (GAAP) that determines the specific conditions in which revenue is recognized or accounted for. Classify the revenue recognition method(s) used by Philips as discussed in annual report. Explain the rationale underlying the appropriateness of methods used by Philips. [Marks (Words): 10(100)] [Total Marks = 100] b291 حل واجبات 00966597837185 الجامعة العربية المفتوحة 00966597837185 ,, حلو ل واجبات الجامعة العربية المفتوحة ,, جروب الإمتياز المهندس أحمد حل واجب b291 حلول واجبات b291 حل الواجب b291 حلول الواجبات b291 TMA بدون تشابه حل واجبات الجامعة العربية المفتوحة 00966597837185 ,, حلو ل واجبات الجامعة العربية المفتوحة ,, جروب الإمتياز المهندس أحمد حل واجب b291 حلول واجبات b291 حل الواجب b291 حلول الواجبات b291 TMA بدون تشابه حل واجب b291 - 00966597837185 - b291 حلول واجبات b291 الجامعة b291 العربية b291 المفتوحة b291 00966597837185 TMA حل واجبات b291 المهندس أحمد @ الجامعة العربية المفتوحة

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    of 10

    B291: TMA – FALL 2018-2019

    :Criteria for Grade Distribution


    Content
    Financial Reporting on Using E-library & Structure and
    Criteria Total marks
    the Internet: Philips Referencing Presentation of ideas

    Marks 100 (5) (5) 100

    Stakeholders can affect or be affected by the organization's actions, objectives and -1


    policies. Discuss at least two types of stakeholders and give examples from the Philips
    annual report to justify your answer. Also explain the reason of their interest in the
    .financial statements
    [Marks (Words): 10(300)]
    -2-

    As you learned in Unit 1, Session 3, the major environmental factors impacting on an -2


    organization can be grouped under four headings: political/legal, economic,
    social/demographic and technological (PEST analysis). Giving examples from the
    annual report, discuss the impact of each of the elements in the PEST analysis on
    .Philips
    [Marks (Words): 10(300)]

    In which category of users or stakeholders do you think the following fit from the -3
    ?Philips Annual report 2017
    Frans Van Houten .a
    Audit & Risk committee .b
    Ernts & Young LLP .c
    Apollo Global Management LLC .d
    [Marks (Words): 10(50)]

    IAS 16 Property, plant and equipment identifies and describes two different models of -4
    accounting for tangible non-current assets. Discuss the importance of these two models
    .and Identify the depreciation methods used by Philips
    [Marks (Words): 10(100)]

    In preparing financial statements in accordance with IFRS, there are certain accounting -5
    policies that may require a judgment or estimation in their application. Give examples of
    .Philips estimates and assumptions reported in consolidated financial statements
    [Marks (Words): 10(100)]

    It is important to classify the expenditure separately in the field of accounting because of -6


    their nature of expenditure as revenue and capital expenditures. Identify the difference
    between revenue expenditure and capital expenditure and provide the example from
    .Annual report of Philips for capital expenditure

    [Marks (Words): 10(100)]


    -3-

    The going concern concept is a fundamental principle of accounting. Explain why the -7
    going concern basis is important in understanding Philips financial statement; Support
    .your answer with evidence from Philips annual report
    [Marks (Words): 10(100)]

    There are different basis approaches to valuing inventory that are allowed by GAAP, -8
    explain the principal’s methods of valuation required by IAS2 inventories, provide some
    .evidence from annual report of Philips
    [Marks (Words): 10(100)]

    Recovery of receivables are not always definite, sometimes debtors are unable to pay in -9
    time. Explain the concept of allowances for irrecoverable receivable and analyze the
    .Philips allowances for receivables information given in annual report
    [Marks (Words): 10(100)]

    Revenue recognition is a generally accepted accounting principle (GAAP) that -10


    determines the specific conditions in which revenue is recognized or accounted for.
    Classify the revenue recognition method(s) used by Philips as discussed in annual report.
    .Explain the rationale underlying the appropriateness of methods used by Philips
    [Marks (Words): 10(100)]
    -4-
    -5-
    -6-
    -7-
    -8-
    -9-

    The TMA Questions [Total Marks = 100]


    Financial Reporting on the Internet
    (Case study: Philips)

    The internet is a good place to get information that is useful to you in your study of
    accounting. For example, you can find information about current events, professional
    .accounting organizations, and specific companies that may support your study

    Philips is a Dutch multinational technology company headquartered in Amsterdam


    currently focused in the area of healthcare. It was founded in Eindhoven in 1891, by Gerard
    Philips and his father Frederik. It was once one of the largest electronic conglomerates in the
    .world and currently employs around 105,000 people across 60 countries

    :You can directly access the annual report on the below link

    https://www.philips.com/a-w/about/investor/financial-reporting/annual-reports.html
    -10-

    .Download 2017 Annual report in PDF format

    Instructions

    :Use the 2017 Annual report of Philips to answer the following questions

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