Answers of Two Questions Assignment Example | Topics and Well Written Essays - 500 words

Answers of Two Questions - Assignment Example ust be mindful of these perceptions and seek to engage with the depressed person in a way that will not agitate them further; all the while reassuring them that whatever directions or steps that may be prescribed are meant for their own good. Just as with any other engagement with a citizen, the police officer would also benefit from carefully discussing each and every step that will follow within the potential engagement. By doing so, the officer will mitigate the risk that any action might be perceived as more threatening or serious than it might be already. As with all situations, the officer must be mindful of the way in which he/she interacts with the citizen; however, with the depressed person, the risk of self harm, or of harm to others, is greatly increased. As such, seeking to perform this engagement with these thoughts in mind will reduce the incident rate that might otherwise occur. Field notes play a vital role with respect to the way in which a criminal investigation takes place. The underlying reason for this is that they provide the officer or officers in question with a reliable and assessment of what thoughts they might have had at the time in which they were actively investigating a particular issue. As such, looking back on these thoughts and considerations can oftentimes allow the officer to draw a level of inference between one seemingly unrelated fact or statement and another. Ultimately, the human mind is fallible and forgetful. Because of this, accurate and up to date field notes are an effective way of ensuring that small pieces of information that might otherwise fall by the wayside are not forgotten. It is without question that many criminal investigations have been able to draw useful levels of inference between pieces of information based solely upon the notes or thoughts that a particular officer might have had during the course of their fiel d work. Even though writing reports at the end of a particular day or at the end of a

Group accounts Essay Example | Topics and Well Written Essays - 1000 words

Group accounts - Essay Example FRS 2 'Accounting for Subsidiary Undertakings' details the conditions under which a parent company of subsidiaries should prepare and present consolidated financial statements. The FRS also spells out the manner in which the consolidated accounts need to be prepared. As per the FRS the purpose of the consolidated financial statements is to provide detailed information about the activities of the whole group of undertakings including the subsidiaries (ASB). The FRS adopts the definition of a group as provided by the Companies Act 1985 as amended by the Companies Act 1989. In the preparation of group accounts the primary consideration should be the effect on the users of the financial statements with respect to their ability to see the complete economic activities of the group and to ascertain the exposure of the parent company to risk through its interests in the subsidiaries and participation in their activities. Hence it becomes necessary that the qualitative aspects of materiality are given full consideration in respect of preparation of the group accounts. The accounts of the subsidiaries are to be consolidated in accordance with the procedure laid down in FRS 2. This requires consolidation on a line-by-line basis and also the removal of the all transactions within the group companies. Goodwill on acquisition is to be calculated on the basis of FRS 2 and FRS 7. In order to ensure that the parent company group accounts comply with the UK Generally Accepted Accounting Principles (GAAP) adjustments to the data from the subsidiary companies' accounts need to be made as the first step in the consolidation process. These adjustments managements may related to the profits or losses on disposal of assets and the notional interest and any directly controlled assets and liabilities that have been excluded from the subsidiary accounts. The effect of consolidating the parent and the subsidiary companies may be that the aggregation being undertaken in the process of consolidation may obscure the useful information about the different companies whose accounts are being consolidated and by inclusion of the activities in the consolidated financial statements. Hence the parent companies usually provide a segment-wise analysis of the activities and their results in the financial statements with useful information on the various risks and rewards, as well as the growth and potential for profitability for different member companies of the group. It is also mandatory that the financial statements of all subsidiary companies to be consolidated should have the same financial year end and must represent the financial results for the same accounting period as that of the parent company. When the parent company acquires a subsidiary company according to the FRS the identifiable assets and liabilities shall have to be brought in to the consolidation at fair values on the date the company became the subsidiary. This is so even when the acquisition is made in different stages. Cash Flow A company's financial statements have three important components. The balance sheet, income statement and the cash flow statement. The balance sheet gives an overview of the assets and