Gross Domestic Happiness vs. Gdp - 2948 Words

Gross Domestic Happiness: What Is the Relationship between Money and Well-being?: Knowledge@Wharton (http://knowledge.wharton.upenn.edu/article.cfm?articleid=2675) Gross Domestic Happiness: What Is the Relationship between Money and Well-being? Published : January 19, 2011 in Knowledge@Wharton Most of us have seen the bumper sticker: Anyone who says money can t buy happiness just doesn t know where to shop. It s an amusing sentiment, but it provokes an important question: What exactly is the relationship between money and happiness? On one hand, there is an unquestionable link. Certainly no one would deny that having enough money to cover basic needs -- to provide food, clothing and shelter -- makes you happy, or at least†¦show more content†¦The team s data, which spans over 40 years, looks at 155 countries and hundreds of thousands of individuals. Their findings: There is a robust relationship between well-being and economic development, says Wolfers. Their research is discussed in a paper titled, Subjective Well-Being, Income, Economic Development and Growth (PDF). Money is closely associated with well-being, a finding that rings true when comparing the happiness of two individuals in the same country, one 10% richer than another, or the average happiness of tw o countries, one with 10% higher income per capita. Easterlin s paradox intuitively makes sense, but as it turns out, the earliest findings of happiness research were things that we wished were true, rather than [being] actual facts, Wolfers notes. It was an enormously reassuring hypothesis and made it easier for us to sleep at night without worrying about the human suffering in Burundi, knowing that people in Burundi were just as happy as we were. For his part, Easterlin, who teaches at the University of Southern California, has not backed down. Last month, he published a new paper concluding that in 37 countries around the world, rich and poor, levels ofShow MoreRelatedGdp vs Gnh1782 Words   |  8 Pagesintroduced the calculation of National Income in 1934. Gross Domestic Product (GDP) Gross Domestic Product (GDP) is the market value of all goods and services produced within a country in a given period. GDP can often be looked at as the total value added of every business in an economy. GDP is also an indicator of the living standard of a country. Usually, GDP is basically comparing a country’s economy yearly. For example, if a country’s year-to-year GDP is up 5%, this could mean that the country’s economyRead MoreIs The Fundamental Factor Of Human Life?1464 Words   |  6 Pageslife fabulous with happiness ? Plenty of philosophers and social anthropologists have been seeking to answer it but they still can not suggest an obvious solution because various factors affect happiness and these are interacting with each other, thus, these points are not analyzed easily. However, even though analyzing happiness is complicated, it is studied by many groups in order to propose a measure of happiness for evaluating human life. Humanity is able to live w ith happiness if the factors areRead MoreCorrelation Between Wealth And Happiness1483 Words   |  6 Pagesbetween Wealth and Happiness in Developed and Developing Countries: Is the level of Happiness Equal to Wealth? This is a frequently asked question; How to make life fabulous with happiness ? Plenty of philosophers and social anthropologists have been seeking to answer it but they still can not suggest an obvious solution because various factors affect happiness and these are interacting with each other, thus, these points are not analyzed easily. However, even though analyzing happiness is complicatedRead MoreGdp .. Measure of Welfare ?2473 Words   |  10 PagesENPC-EHTP-MBAXIV A MA 1407 : Business Economics in a Global Market Individual Assignment GDP vs. Welfare The Moroccan Example Othmane Bouzoubaa Student ID : MA14 - 016 April – May 2012 This paper emphasis on GDP as an inefficient measure of welfare using arguments from the Moroccan example. MBAXIV A – MA 1407 – Business Economics in a Global Market GDP Welfare – The Moroccan Example Table of Contents 1. 2. 2.1 2.2 2.3 3. 3.1 3.2 4. 5. Introduction .............................Read MoreDo Politics, Economics and Social Factors Affect the Living Standard of People in a Country2729 Words   |  11 Pagesstatistical data. The influences evaluated will consist of the social, economic and political conditions in the country, which will be proven to be the most significant when considering its effect on the happiness and living standards of people residing in a country. As money is strongly correlated to happiness and the wellbeing of people due to its ability to provide, the economic portion will be considered in the relationship between a country’s wealth and the living standards. Furthermore, the socialRead MoreVictoria’s Secret in China5430 Words   |  22 PagesRelationship Program 11 11 12 12 13 14 15 16 17 18 18 18 19 20 21 Implementation Control Financial Analysis Reference Appendix Corruption Perceptions index 2011 Exchange Rate(US to RMB and Hong Kong Dollar) VS estimate Trading and Proï ¬ t and loss Account 2011 VS estimate Balance Sheet 2011 Financial Equation ii Executive Summary Objective The hugh population, urbanization, and shapely growth of economy compose favorable market to all industry. Victoria’s Secret need toRead MoreThe Impact Of Economic Growth On The World And The Environment3597 Words   |  15 Pageseconomic growth will also be observed. Arguably the most fundamental questions in economics revolve around why some countries have an abundance of wealth while others struggle for the basic necessities. According to data found on the World Bank website, GDP per capita for the US is approximately 28 times that of Bangladesh. This critical essay aims to demonstrate an understanding of why this occurs, using relevant theory and proven case studies as evidence. (Radhakrishnan, 2012) discusses how this translatesRead MoreJollibee Food Corporation1982 Words   |  8 Pages Spain, and China. The ethnic Chinese have been very influential in the Filipino economy. Filipino culture is rooted in Asian, Spanish, and American values. Total GDP for the Philippines in 2009 was $174.3 billion, with a growth rate of 0.9%, as compared with the U.S. GDP growth rate of -2.4% for the same period. Per capita GDP is $1,779. The currency of the Philippines is the peso (PHP), trading at 43.9 PHP in December 2010 and ranging between 40 and 53 PHP per U.S. dollar over the past fiveRead More7 Megatrends 203026297 Words   |  106 PagesDYNAMIC TECHNOLOGY INNOVATION T6 GLOBAL KNOWLEDGE SOCIETY T7 SHARING GLOBAL RESPONSIBILITY START INDEX TRENDS CONTACT 6 SUBTRENDS ONGOING GLOBALIZATION BRIC: THE NEW POWERHOUSES BEYOND BRIC Exports   and   FDI will    grow   faster   than    GDP Their   GDP   will   grow    by   7.9%   p.a. The   Next   Eleven    will   grow   by   5.9%    p.a.    Strong    growth   for   ASEAN   5 A. EXECUTIVE SUMMARY Seven   global   megatrends   shape   the   face   of   the   world   in   2030 T1 CHANGING DEMOGRAPHICS T2Read MoreInstitution as the Fundamental Cause of Long Tern Growth39832 Words   |  160 PagesPolitical institutions, similarly to economic institutions, determine the constraints on and the incentives of the key actors, but this time in the political sphere. Examples of political institutions include the form of government, for example, democracy vs. dictatorship or autocracy, and the extent of constraints on politicians and political elites. For example, in a monarchy, political institutions allocate all de jure political power to the monarch, and place few constraints on its exercise. A constitutional

Luis Valdezs Los Vendidos Essay - 2024 Words

Luis Valdezs Los Vendidos Social science teaches that a person’s self identity is a reflection of that which other people put on the individual, in other words a person’s behavior steams more from what they see of themselves from someone else’s perspective and less from how they see themselves. In the case of the Mexicans, this concept holds true. From that, which has been studied thus far this semester, Mexicans/ Mexican Americans are good examples of this concept. Their sorted past has resulted in a new kind of Mexican American and perhaps a new kind of Mexican. Certainly the Mexicans American’s experience in this country has brought about some changes from the first generation of Mexicans who were born in this country to those who†¦show more content†¦The play opens with the storeowner, Amano Sancho addressing the audience. Shortly thereafter a women from the governor’s office walks in looking for a young Mexican to be placed in the audience at the governorâ€⠄¢s press conference. Immediately the audience is made aware of some of the social differences amongst Mexicans. Amano has a very thick accent, the woman from the governor’s office introduces herself as Miss. Jiminez, but insist that it be pronounced with an American accent, when Amano tries to pronounce it the way it suppose to she retorts with can’t you speak English? It is somewhat apparent that Miss. Jiminez does not recognize her Latino, most likely Mexican, heritage even though it is all over her, her brown skin to be exact. Luis makes the audience aware of this at a key point near the end of the play. Miss. Jiminez wants to take her newly bought Mexican American straight to the governor’s press conference so a brown face can be seen in the audience. Amano replays, you outta know, again pointing to the fact that this woman is Latina and completely unaware of it. Through her search the director points out many different kinds of Mexicans, or different Mexican identities that have existed in the past. He starts with one of the better known identities that Mexicans are often portrayed as. The lazy Mexican that sit in a slumped position with his head down, between his knees, wearing the large sombrero, and is usually drunk. This image is also used a lot inShow MoreRelated Luis Valdezs Los Vendidos Essay1680 Words   |  7 PagesLuis Valdezs Los Vendidos Los Vendidos, directed by Luis Valdez, is a remarkable play that looks into the historical struggles, stereotypes and challenges of Mexican Americans in a unique fashion. Rather than tell the history of Mexican Americans through documentaries and actual footage, the play conveys its message about the true history of Mexican Americans in the United States through both subtle and blatant techniques. Mexican American struggles in the United States date back to theRead More Luis Valdezs Play, Los Vendidos Essay2016 Words   |  9 PagesIn his play, Los Vendidos, Luis Valdez addresses, through humor and stereotypes, the issues faced by Mexicans in America throughout history. Although a White Washed Mexican woman is supposedly looking for a Mexican, what she is actually looking for is an American with darker skin. The key word here is American, as she is looking for someone who has denied his or her Mexican roots and become acculturated to the American way of life. This woman does not want a Mexican for any other reason thanRead More Los Vendidos Essay examples1526 Words   |  7 PagesLuis Valdez wrote â€Å"Los Vendidos† in order to address his view of the Mexican culture and in reference to the prejudices that surrounded him. The play defines four versions of Mexican men, shop owner Honest Sancho is trying to sell to a Secretary in Governor Reagan’s political offi ce. The buildup of characters: The Farmworker, Johnny Pachuco, The Revolucionario, and the Mexican-American, symbolizes an evolution of what society deems the â€Å"ideal† Mexican-American should be. â€Å"Los Vendidos† translatesRead MoreZoot Suit1167 Words   |  5 PagesZoot Suit Based on the notorious 1942 â€Å"Sleepy Lagoon† murder mystery, which resulted in the â€Å"Zoot Suit Riots† in Los Angeles, California, playwright Luis Valdez combines fact and fiction in the play â€Å"Zoot Suit† to portray the fate of 12 young Mexican Americans that were brought to trial for a murder they did not commit. Valdez created the play; â€Å"Zoot Suit† that brought a strong symbolic significance for Mexican Americans and expresses about the riots during World War II. The play, â€Å"Zoot Suit†Read More Mexican-Americans in United States and Politics Essay2150 Words   |  9 PagesMexican-Americans in United States and Politics We need a Mexican but it’s more important that he be American This quote, taken from the play Los Vendidos by Luis Valdez, well illustrates the ambivalence and hypocrisy Anglos have projected towards Mexicans for the last two centuries. Specifically, this quote refers to the United States government needing a brown face in the crowd at one of their meetings to showcase their supposed support and inclusion of Mexican-Americans in the U.SRead MoreSummary Of Los Vendidos1223 Words   |  5 Pages Discrimination against Mexican Americans has always been a grave issue in the United States. The short play Los Vendidos written by Luis Valdez sheds light upon the horrid state of racism in our nation. The play centers around the Secretary’s visit to Honest Sancho’s shop and depicts outrageous images of Mexican Americans as mere objects. Through this play, Valdez attempts to delineate the discrimination and prejudices against his people. To deliver his perspective, he employs a principle knownRead More Los Vendidos, Produced by Luis Valdez Essay2209 Words   |  9 Pagespeoples has been ignored and many times erased from the American conscience. They have struggled for acknowledgment, they have fought for equality and they have gone to battle for respect. Luis Valdez’s play, Los Vendidos, is just one of many contributions to this effort. A powerfully moving play, Los Vendidos, or the sell-outs, is a piece created to gain acknowledgement, heighten awareness and to create a sense of camaraderie amongst the people fighting in the Chicano Movement of the late 1960’sRead More Latinos, Politics, and American Cinema Essay3885 Words   |  16 Pageshistory, the Chicano resistance movement sought to change the overall racist views that, by the 1970s had been embedded in the American psyche. The conservative stereotypes of violent, sex-crazed Latinos had a negative impact on the races treatment, so Luis Valdez and his cohorts presented a liberal brand of politics to counter this racism, using films that embraced the true Chicano cultural identity. The history of film is essentially one of representation of certain groups, or as the case may be

Legal Moralism Free Essays

Morals determine greater social good. The purpose of law Is preserving greater social good. With this being said, putting morality In legal decisions brings out a greater social good as a whole. We will write a custom essay sample on Legal Moralism or any similar topic only for you Order Now Fundamental agreement about what Is bad and what Is good (morality) is essential for the survival of collocation. So morality can be viewed as quintessential Judgment factor when It comes to law. Morality Is determined by the majority of civilization. Legal moralist encompasses the views of the majority and thus, Is more democratic. Society Is held by common thoughts of Individuals. The bondage of such common thoughts Is necessary to preserve collocation. Legal moralist upholds the decision of the societal common thoughts. Cons: Infringes Individual freedom Morals are often religious than not. Thus, groups with different religious orientation than the dominant will not be treated fairly by legal moralist based on he dominant religion. Populist views and opinions overshadow less known views and opinions. ; Diversity of thoughts are suppressed As much as I think legal moralist should be part of the legal process and decisions, in my opinion do not agree that it should be the predominant decision factor in legal system. Legal moralist interferes with the individual freedom and forces individuals to adhere to the predominant social norms. Take for an example, the marriage teen two homosexuals are banned in many states. This example clearly infringes the freedom of homosexuals to get married and have a family like heterosexuals. As time passes, society changes and values change. Legal moralist does not have the flexibility to keep up with the ever changing values and traditions of the society. Hence, I believe that legal moralist is too rigid to accommodate with the changing society, beliefs and values and cannot Justify as groundwork for the greater good of society. How to cite Legal Moralism, Papers

Company Evaluation Exporter and Operation

Question: Discuss about the Company Evaluation for Exporter and Operation. Answer: Introduction BHP Billiton is an Australian conglomerate involved in mineral operations. It has also invested in other countries like Brazil, Peru and Colombia. BHP Billiton is an energy exporter and operates seven segments in mineral resources mainly, base metals, diamonds, stainless steel, liquefied natural gas, energy coal and oil. BHP Billiton is in a process of splitting of its core assets in order to concentrate on products such as iron ore, copper, coal, oil and potash(Banks, n.d.). As of March 1, 2016, came into effect a new operating model that will bring together the operations of the firm in three new areas: Oil, Minerals in the Americas and Australia. Notes to Financial Statements represent clarifications or explanations of facts or situations quantifiable or not presented in the movement of accounts, all of which must be read in conjunction with the Financial Statements for proper interpretation. Also they represent important information for investors wishing to buy shares of a company through the stock market, because usually show relevant information to consider that determines the behavior of the value of the shares(Bragg, 2007). The notes to the financial statements represent the dissemination of certain information that is not directly reflected in those states, and which is useful for users to make decisions with a clear and objective basis. This does not imply that these explanatory notes are a financial statement, since according to current regulations they are not, rather an integral part of them as part of the analysis, being mandatory submission. On the other hand these notes represent balances disclosures applicable to transactions or other significant events, to be observed in preparing and presenting the financial statements when appropriate. BHP Sustainability report 2015 Sustainability is a core strategy in BHP Billiton growth implementation strategy. Sustainability report index aims at creating a good social responsibility with the communities around. It focuses on environmental sustainability, employee welfare, government contributions and its economic growth. More than $225 million is committed to community programs Local suppliers are awarded a 42% allocation to tenders in BHP. More than $ 100 million was used to raise awareness to environmental issues. It is known to have contributed more than $2 billion dollars of its income to community projects in the last two decades(Barclay, Dann and Holroyd, 2000). Statement of financial analysis/ consolidated income statement The profit for the last financial year ended 30 June 2015 is $44.6billion down from $56.76 billion the previous year. This decline is attributable to a sluggish economic uptake of minerals and depreciation of the Australian dollars. There is also an aspect of increased competition from major competitors like Torino(Bull, 2008). Profits from operations declined from $22.6 billion the previous year to $ 8.4 billion this financial year. This is a significant drop in operating profits due to the above mentioned reasons. Profit after taxation from continuing operations dropped significantly to 1.152 billion. There is heavy taxation on mining company which is dictated by the Australian mining act. Dividend per share in ordinary shares stood at $124 dollars which is an improvement and among the best paying company. It was an improvement of $ 3 from the previous year. Continued and discontinued basic earnings per ordinary shares stood at $35.9 dollars while diluted earnings from discontinued and continuing activities stood at a mere $35.8. The number of ordinary shares at the end of the period stood at 5.324 million, the weighted average number of shares stood at 5.312 million while the diluted number of ordinary shares stood at 5.333 million. Other financial information related to BHP Billiton is Underlying earnings before interest and tax (EBIT) which stood at $21.8 million, while the underlying attributable profit which stood at $6.417 and the net operating cash inflows were at $19.26 million for the financial year ending 30 June 2015. The initial note of identification of the business and economic activity is necessary for BHP Billiton(Diamond, Stice and Stice, 2000). Declaration on compliance with IAS official in the country where the financial statements are drawn up. Notes on significant accounting policies used by the company for the preparation of financial statements. Notes specific character for items presented in the financial statements. Other notes financial or not financial required by the rules, and those deemed by the board and management of the company are deemed necessary for a proper understanding of the financial situation and the economic result. Underlying earnings before interest and tax (EBIT) which stood at $21.8 million, the underlying attributable profit which stood at $6.417 while the net operating cash inflows were at $19.26 million for the financial year ending 30 June 2015. Example of Notes to Financial Statements: The following excerpt model elaborate note has been based on a real note of a Mining Company: According to recent geological studies and the current production volume, estimated ore reserves of the Company's proven and probable will last 7 years. As of December 31, 2015, the number of employees (officers, employees and workers) of the Company was more than 40000 respectively(Diamond, Stice and Stice, 2000). The Financial Statements for the period ended 30 December 2015 were approved by the Board of Directors of the Company at a meeting that took place on January 20, 2008. Significant accounting policies The significant accounting policies used by the Company in the preparation and presentation of its financial statements are as follows: Basis of preparation and presentation: The financial statements are prepared and presented in accordance with generally accepted accounting principles in Australia, which comprise the International Financial Reporting Standards (IFRS). IFRS incorporated into the International Accounting Standards (IAS) from 1 to 41, and Interpretations 1 to 33, issued by the Standing Interpretations Committee (SIC), formalized for mandatory application in Australia from 2005(Goel, n.d.). The financial statements of the Company will be presented in the functional currency, ie Dollars, from the first quarter of 2015. Balance sheet analysis and asset quality/ Liquidity risk BHP billiton has a net debt of $ 26.1 billion, and a liquidity of $16.3 billion. The current ratio: current ratio is also known as an efficiency or liquidity ratio, it determiones a firms ability to use its current assets to pay off its short term liabilities(Walters and Dunn, 2001). A company has got a limited amount of time to raise funds to pay for the short term liabilities that are usually payable between 1-3 years. The formulae for this ratio is Current assets/ current liabilities = $ 126,534million/$63,974 Million =1.97 The ideal ration to measure this short term liquidity risk is usually 2. This means that the company has a risk of not meeting its short term liabilities and therefore the companys current assets do not meet the quality required by IASB. Formulae: Cash ratio= (Cash+invested funds+cash equivalents)/Current liabilities As of December 2015 BHP billiton had a cash in hand of $ 23,876m, cash equivalent of $5,321m and invested funds that amounted to $10,432m.On the other hand, the current liabilities at the end of the period were $63,974. $(23876+5321+10432)m/$63,974m =0.62 This means that BHP Billiton may not be in a position to pay off its debt. Industry analysis The industry has generally been hit and the growth is sluggish. Therefore, BHP Billiton is just one of the companies that is hit by the industry economic slump, thus shareholders should not be worried because the economic slump is across board(Goel, n.d.). Other mining companies also recorded reduced profits and stock value, however5, economic analyst are bullish on the industry trend. Remuneration report Remuneration policy of BHP biliton,General principles and foundations of the remuneration policy of Directors seeks to compensate them so adequately given the responsibility assumed and dedication, ensuring that such compensation is appropriate in terms of market requirements, as provided in the law. Furthermore, in the case of non-executive directors are that the Board of Directors ensures that the amount of remuneration given to the non-executive director is such that it offers incentives to dedication of the directors. Linking with the Group's strategy of BHP Billiton, a portion of the compensation must be linked to the achievement of the objectives that constitute the Group's strategy. Therefore, pay for performance significant part of the remuneration should vary depending on the results. In 2016, the Board of Directors a proposal from the Remuneration Committee, has decided to submit to the approval of the General Meeting of Shareholders the implementation of Plan Long Term Inc entive 2016-2020, in line with policy remuneration of directors in force. The accounting method Any company, to carry out its activity, operates with the outside world, buy, sell, etc. As a result of these actions, their heritage is altered and gets results, profits or losses. BHP Billiton uses Duality principle Is to distinguish in any empirical fact, at least two elements relate to each other. This principle also applies to economic facts. Thus, the companies, to capture or collect any of its transactions, distinguish at least two elements involved in it. Valuation of inventory Since any company performs multiple operations, the valuation of its elements will be subject to continuous variations. The financial statements provide an overview of certain economic variables of interest of BHP Billiton. Within an outstanding place they occupy today, given its obligation, the balance sheet, the profit and loss and memory. The result will depend on various parameters, such as: the number of products sold the selling price of these, the cost of production, etc(Ricardo, 2001). Hence, it is impossible to determine the outcome or surplus generated by the company if certain interval of time has elapsed.The most detailed and comprehensive account of stocks of goods has a company to start operations or accounting period, after doing a physical count. Valuation methods do not involve physical movement of the goods, but inflation and the cost or price for the inventory. Auditing Report This article is for educational purposes and discussion, to conduct an analysis of the conceptual framework of companies accounting from the perspective of the International Standards on Auditing (ISA), consequently the reporting application in its case, the ISA ISA 800 or 700, but not intended to be a guide or establish any criteria International Auditing Standards require the auditor to perform an analysis of accounting framework on which the financial information is prepared for that, consequently, the necessary disclosures are made in his report; to this effect, Auditing Standard 200, provides that the exercise of defining the type of conceptual framework is a complicated undertaking and on which a high degree of analysis and study is required. Accounting publications When there are conflicts between the financial reporting framework and the sources from which you can obtain guidance on its application, or between the various sources that make up the financial reporting framework, the source prevails more regulatory status. Some financial reporting frameworks are fairly frames, while others are compliance frameworks. The financial reporting frameworks mainly comprising the financial reporting standards established by an authorized or recognized to promulgate standards to be used by entities in the preparation of financial statements for general purposes often are designed to achieve fair presentation in BHP Billiton. Transfer pricing In our country transactions between related parties they governed by Article 281 of the Tax Code and Regulation 78-14 on Transfer Pricing (Kaplow, 2011). For the purpose, they are considered related or related parties, individuals, legal persons or entities, provided that one of them resides or is placed in Australia and for which any of the circumstances linking BHP Billiton. Taxpayers achieved by the transfer pricing regulations are natural persons, legal entities or residents performing operations like BHP Billiton. Conclusions and Recommendations From this perspective it is worth reflecting on whether there are accounting frameworks addressed present fairly the financial or accounting performance end, perhaps one possibility might be the need that had an organizational that would like to know the use and origin of liquid resources beyond their generation profitability, or perhaps the need for a regulator or authority to hear through the construction and issuance of financial statements of the timely implementation of any law as may be tax regulation. Requirements applicable financial reporting framework determines the structure and content of financial statements (Godfrey et al., 2010). Although it is possible that the framework does not specify how to account for or disclose all transactions or events, usually it contains sufficient general principles that can serve as a basis for developing and applying consistent accounting policies with the concepts underlying the requirements of the framework. References Banks, D. (n.d.).The Mining industry. Barclay, I., Dann, Z. and Holroyd, P. (2000).New product development. Boca Raton, FL: CRC Press. Bragg, S. (2007).Business ratios and formulas. Hoboken, N.J.: Wiley. Bull, R. (2008).Financial ratios. Oxford: CIMA. Burgess, J. and Connell, J. (2006).Developments in the call centre industry. London: Routledge. Diamond, M., Stice, E. and Stice, J. (2000).Financial accounting. [Cincinnati, OH]: Southwestern College Pub. Goel, S. (n.d.).Financial ratios. Mand, M. and Whipple, W. (2000).Partnering for performance. New York: AMACOM. Temte, A. (2004).Financial statement analysis. La Cross, WI: Schweser Study Program. Wiehle, U. (2006).100 IFRS financial ratios. Wiesbaden: Cometis. Godfrey, J., Tarca, A., Godfrey, J. and Picker, R. (2010).Financial accounting theory practice. Milton, Qld.: John Wiley sons. Kaplow, L. (2011).The theory of taxation and public economics. Princeton, N.J.: Princeton University Press. Overview of best practice environmental management in mining. (2002). [Canberra, A.C.T.]: Environment Australia. Ricardo, D. (2001).On the principles of political economy and taxation. London: Electric Book Co. Transfer pricing. (2002). London: Euromoney Institutional Investor PLC. Walters, D. and Dunn, J. (2001).Student's manual of auditing. London: Thomson Learning.