The International Accounting Standards Board （IASB） is one of the largest independent accounting standard setters whose publications, International Financial Reporting Standards （IFRSs）, have revolutionalized the ...The International Accounting Standards Board （IASB） is one of the largest independent accounting standard setters whose publications, International Financial Reporting Standards （IFRSs）, have revolutionalized the accounting profession, investors, finance providers, and the entire accounting information stakeholder community. The conceptual frameworks are the theoretical accounting bases that are constituted by a set of principles that underlie as a bedrock foundation cornerstone for the development and updating of IFRSs. The existing conceptual frameworks were issued by IASB in 2010, after long years of protracted and wide consultation and joint project with the biggest American standard setter Financial Accounting Standards Board （FASB）. In year 2013, the IASB embarked on a solo project to update the conceptual framework and issued a discussion paper （DP/2013/1） to its users and stakeholder community for comments. The methodology used in this study of an extensive review of literature （secondary/primary） from the discussion paper, existing conceptual framework, and comment letters from investors, accounting, insurance, and international audit firms has been manipulated. The findings revealed that the existing conceptual framework has opposing objectives especially that of decision usefulness （future-oriented information） and concepts of ＂prudence and stewardship/accountability＂, which are deeply embedded within the framework as subsumed, but their prominence has been overshadowed and watered down by not identifying them as objectives. The finding also revealed that almost all public accounting and audit firms are advocating not only for the reinstatement of the ＂prudence and stewardship/accountability＂ but also for a clear definition of recognition, de-recognition, and measurement of statement of financial position elements （assets and liabilities） and also elements of the comprehensive income statement （revenues and expenses）, which have seriously compromised investors, public accounting profession, learning/teaching of a framework-based understanding, and the entire IFRS user stakeholder community. A recommendation for further studying the abandoned joint IASB/FASB project should be investigated in the best interest of international accounting standards convergence.展开更多
Under the condition of market economy, the need for products to be characteristic is getting more and more outstanding, and the product market will be transferred gradually from the seller's market to the buyer...Under the condition of market economy, the need for products to be characteristic is getting more and more outstanding, and the product market will be transferred gradually from the seller's market to the buyer's. After the issue and implementation of the enterprises technical standards, there will be a stable period. The matter of how to guarantee the products to satisfy the need of the market within this period requires that the enterprise must take the foreseeing of standards into account when developing technical standards, so as to ensure the products to be of persistent competitive power in the market. Here are some things that can show the foreseeing of enterprises technical standards.展开更多
Today, the time-to-market for plastic products ar e getting shorter, thus the lead-time for making the injection mould is decreasin g. There is potential in timesavings in the mould design stage because the design pro...Today, the time-to-market for plastic products ar e getting shorter, thus the lead-time for making the injection mould is decreasin g. There is potential in timesavings in the mould design stage because the design process that is repeatable for every mould design can be standardized. T he preliminary work of any final plastic injection mould design is to always pro vide an initial design of the mould assembly for product designers (customers) p rior to receiving the final product CAD data. Traditionally and even up till no w, this initial design is always created using 2D CAD packages. The information used for the initial design is based on the technical discussion checklist, in which most mould makers have their own standards. This checklist is also being used as a quotation since the most basic information of the mould in the particu lar project is being recorded in it. The basic information in this checklist in cludes the number of cavities, the type of mould base to be used, the moulding m achine to be used for the moulding, the type of gating system, the type of resin material used and its shrinkage value etc. Information on special requirements such as the number of sliders or lifters to be used is also listed in the check list. At this stage, there is still no information on the cooling and ejection design since they are greatly dependent on the final product CAD data. This res earch focuses on the methodology of providing the initial design in 3D solid bas ed on the technical discussion checklist, which takes the role of the overall st andard template since every sub-design has its own standard template. An examp le of a sub-design that has its own standard template is the cavity layout desi gn. The cavity layout for plastic injection moulds can be designed by controlli ng the geometrical parameters using a standardization template. The standardiza tion template for the cavity layout design consists of configurations for the po ssible layouts. Each configuration of the layout design has its own layout desi gn table of all the geometrical parameters. This standardization template is pr e-defined in the layout design level of the mould assembly design. This ensure s that the required configuration can be loaded into the mould assembly design v ery quickly without having the need to redesign the layout. This makes it usefu l for technical discussions between the product designers and mould designers pr ior to the manufacture of the mould. Changes can be made to the 3D cavity layou t design immediately during the discussions thus the savings in time and avo idance of miscommunications.展开更多
文摘The International Accounting Standards Board （IASB） is one of the largest independent accounting standard setters whose publications, International Financial Reporting Standards （IFRSs）, have revolutionalized the accounting profession, investors, finance providers, and the entire accounting information stakeholder community. The conceptual frameworks are the theoretical accounting bases that are constituted by a set of principles that underlie as a bedrock foundation cornerstone for the development and updating of IFRSs. The existing conceptual frameworks were issued by IASB in 2010, after long years of protracted and wide consultation and joint project with the biggest American standard setter Financial Accounting Standards Board （FASB）. In year 2013, the IASB embarked on a solo project to update the conceptual framework and issued a discussion paper （DP/2013/1） to its users and stakeholder community for comments. The methodology used in this study of an extensive review of literature （secondary/primary） from the discussion paper, existing conceptual framework, and comment letters from investors, accounting, insurance, and international audit firms has been manipulated. The findings revealed that the existing conceptual framework has opposing objectives especially that of decision usefulness （future-oriented information） and concepts of ＂prudence and stewardship/accountability＂, which are deeply embedded within the framework as subsumed, but their prominence has been overshadowed and watered down by not identifying them as objectives. The finding also revealed that almost all public accounting and audit firms are advocating not only for the reinstatement of the ＂prudence and stewardship/accountability＂ but also for a clear definition of recognition, de-recognition, and measurement of statement of financial position elements （assets and liabilities） and also elements of the comprehensive income statement （revenues and expenses）, which have seriously compromised investors, public accounting profession, learning/teaching of a framework-based understanding, and the entire IFRS user stakeholder community. A recommendation for further studying the abandoned joint IASB/FASB project should be investigated in the best interest of international accounting standards convergence.
文摘Under the condition of market economy, the need for products to be characteristic is getting more and more outstanding, and the product market will be transferred gradually from the seller's market to the buyer's. After the issue and implementation of the enterprises technical standards, there will be a stable period. The matter of how to guarantee the products to satisfy the need of the market within this period requires that the enterprise must take the foreseeing of standards into account when developing technical standards, so as to ensure the products to be of persistent competitive power in the market. Here are some things that can show the foreseeing of enterprises technical standards.
文摘Today, the time-to-market for plastic products ar e getting shorter, thus the lead-time for making the injection mould is decreasin g. There is potential in timesavings in the mould design stage because the design process that is repeatable for every mould design can be standardized. T he preliminary work of any final plastic injection mould design is to always pro vide an initial design of the mould assembly for product designers (customers) p rior to receiving the final product CAD data. Traditionally and even up till no w, this initial design is always created using 2D CAD packages. The information used for the initial design is based on the technical discussion checklist, in which most mould makers have their own standards. This checklist is also being used as a quotation since the most basic information of the mould in the particu lar project is being recorded in it. The basic information in this checklist in cludes the number of cavities, the type of mould base to be used, the moulding m achine to be used for the moulding, the type of gating system, the type of resin material used and its shrinkage value etc. Information on special requirements such as the number of sliders or lifters to be used is also listed in the check list. At this stage, there is still no information on the cooling and ejection design since they are greatly dependent on the final product CAD data. This res earch focuses on the methodology of providing the initial design in 3D solid bas ed on the technical discussion checklist, which takes the role of the overall st andard template since every sub-design has its own standard template. An examp le of a sub-design that has its own standard template is the cavity layout desi gn. The cavity layout for plastic injection moulds can be designed by controlli ng the geometrical parameters using a standardization template. The standardiza tion template for the cavity layout design consists of configurations for the po ssible layouts. Each configuration of the layout design has its own layout desi gn table of all the geometrical parameters. This standardization template is pr e-defined in the layout design level of the mould assembly design. This ensure s that the required configuration can be loaded into the mould assembly design v ery quickly without having the need to redesign the layout. This makes it usefu l for technical discussions between the product designers and mould designers pr ior to the manufacture of the mould. Changes can be made to the 3D cavity layou t design immediately during the discussions thus the savings in time and avo idance of miscommunications.
