Can be compared financial performances in different accounting Thesis

Can be compared financial performances in different accounting standards (Thai GAAP, UK GAAP, IFRS) - Thesis Example technology, the world today can be said to become a global village, where people around the world have become connected and integrated by the click of the computer. Besides, the number of multinational companies, foreign investors and finances from abroad invested in different countries has increased significantly. As a result of these, they face problems arising from different accounting standards. It should have been a good thing if financial performance of companies from different countries could be compared even if accounting information was presented using different accounting standards. In this way, financial information can be said to have met one of the key qualities, or characteristics, which is â€Å"Comparability†. It should be noted here that, the objective of financial statements can be said to be â€Å"to provide information about the financial position, performance and changes in financial position of an enterprise that is useful to a wide range of users in making economic decisions† (paragraph 12).1 To be able to meet the said objectives, this research will use financial statement of three different companies involved in same line of business, but operating in three different countries to establish the financial performance of the three companies financial statements prepared under UK accounting standard (UK Generally Accepted Accounting Principles, UK GAAP), Thai accounting standard (Thai Generally Accepted Accounting Principles, Thai GAAP), and USA GAAP and make a comparison with the requirements of the International Financial Reporting standard (IFRS), which are accepted worldwide. The result of using different accounting standards may have an adverse effect on a company’ performance on the international scene in as much as investors are concerned. Some may still be in favour of a unique International accounting standard. Particular country accounting standards are still necessary because of; Shifting the accounting practice, will be consumed

Is PTSD linked to criminal behavior Research Paper

Is PTSD linked to criminal behavior - Research Paper Example In chapter 8 it discusses in detail the possibility of a correlation between psychological disorders like PTSD and criminal behavior. It also furnishes very relevant and useful statistics pertaining to mentally ill offenders in state and federal prisons. It presents the conclusions from many studies regarding the prevalence of mental illness amongst criminals. It is a very informative source which facilitates important insight regarding the research question from a practical, statistical and academic perspective. Chapter 7 in this book is exclusively about childhood post traumatic stress disorder and criminal behavior. It delves on the ramifications of exposure to stressful and catastrophic events on children. The book summarizes various scientific studies that link childhood trauma to juvenile delinquency, drug abuse and criminal behavior. The approach of this book towards the question under consideration is very scientific and analytical. Chapter 7 also gives a detailed historical overview of the study of childhood stress and trauma and its relation to criminal behavior. Overall, it is a reliable scientific source that will make immense contribution to the research question. It is an elaborate and detailed, peer reviewed article that offers a literature review of the prior studies focused on the association between PTSD and criminal behavior in the offenders serving sentences in state and federal prisons. This article makes an immense contribution to the selected research question in the sense that it is a compilation of the approaches and views of the previous researchers associated with the issue of PTSD and criminal behavior. This is an immensely useful source as it examines the linkage between PTSD and violent behavior. The conclusions of this article are extremely reliable as it studies the association between violent behavior