准确的，因为确定cost of equity是困难的。 3.EVA是一个absolute measure.不像ROI,EVA不能用来比较两个规模不同的公司。 除了这些缺点以为，相比其它的profit-based performance measures, EVA是一个more appropriate绩效考核指标。 ACCA特许公认会计师【全科签约取证班】 一次取证，免费重读 查看优惠 ACCA特许公认会计师F1-F3【零基础通关班】 双师领航，轻松入门 查看优惠 ACCA中级技能课程F5-F9任选2科班 语言优势+专业能力 查看折扣 ACCA F Level 9科+OBU论文辅导班 F Level+英国牛津布鲁克斯学士学位 查看折扣 推荐阅读 ACCA，这张证书价值究
次要掌握通胀的原因 --Unemployment: a)Flow into & Flow out of unemployment b)失业的原因（长期or短期），常考的原因有Frictional, Seasonal,Cyclical -- Economic growth: a)Potential economic growth,it is determined by AS rather than AD c)Appraisal economic growth的优缺点一定要看熟哦~ --The objective of macroeconomic:“四个点”：Inflation, Unemployment, Economic growth, Balance of payment --Fiscal policy(五星考点) a)必须要知道Budget surplus, Budget deficit,PSBR, PSNCR,会考单选题 b)Combination of Expenditure and Taxation,要知道在什么情况下会使用这两种 财政政策的组合，以及这一组合式财政政策会对经济产生何种影响 c)Types of taxation-高频考点，要掌握各税收政策的定义及在何种情况下使用 --Monetary policy(五星考点):掌握各货币因素（Money supply, Interest rates, Exchange rates）对于Demand的影响 --Balance of Payment(重要考点):Surplus（Export>Import） , Deficit(Export
用到工作当中。”张进说，在后面的学习中，很多关于公司治理，风险管理的内容也可以和实际工作的情形相互印证。另外，在ACCA的学习中，由于要为通过考试做准备，必须进行一定的练习。知识学习的强度超过平时的其他学习。 进入财务这个领域，张进才深刻地领会到什么叫“学海无涯”。 “我常常会在很多以为自己已经掌握的领域里，有了新的领悟。这时会觉得自己原先的理解非常浅薄，而且愈发觉得没有穷尽。当然自己在这个过程中也有所提高。”张进说。 未来，张进希望自己可以利用财务的全局视角，为公司的战略发展做出更大贡献。他也在高度关注财务数字化的动向，希望能够契合这一发展趋势。“因为这一天的到来，比我们大多数人想象的还要快。” ACCA特许公认会计师【全科签约取证班】 一次取证，免费重读 查看优惠 ACCA特许公认会计师F1-F3【零基础通关班】 双师领航，轻松入门 查看优惠 ACCA中级技能课程F5-F9任选2科班 语言优势+专业能力 查看折扣 ACCA F Level 9科+OBU论文辅导班 F Level+英国牛津布鲁克斯学士学位 查看折扣 推荐阅读 ACCA，这张证书价值究竟有多大？写给对ACCA仍不了解的童鞋们 2017年最新ACCA考试报名时间表及考试时间
ACCA考试马上就要来了，备考的小伙伴们们也经常会出现考前焦虑等。这都是很正常的，解决的关键在于合理的调节自己的时间。 财会君特意为大家准备了针对ACCA考试的各科目复习重点和应对策略，记住，这个时候不要去再学习新的知识，而是去温习你学过的：【文末有礼包赠送哟！】 此外，财会君还为大家准备了各考试科目的考官文ACCA章和专业文章： 点击下方链接即可领取↓↓↓ ACCA学习大礼包领取链接 推荐阅读： 最全ACCA报考流程攻略 ACCA考试成绩查询入口 欢迎关注微信官网"沪江财会"(hjcaikuai)，每日为您推送最新鲜的考试动态、精准、高效、全面，助您点亮人生希望，踏上会计之路！ 沪江财会温馨提醒： 未来是自己的，成功是掌握在自己手上的，只要你坚持一点点，梦想就离你近一点点。ACCA考试正在进行中，考生们赶紧行动起来！多听网课，多看辅导书！多做习题！2017年ACCA考试梦想成真！
提到的ABZ理论尤其值得我们好好思考。 plan A是我们目前能选择的最好选项，整体相对稳定能养活自己；但我们心里还要有个plan B，就是内心深处更喜欢去做，但暂时没有条件或者能力去做的事。我们可以在完成A计划的过程中挤出时间培养B计划中的经验及能力，或许有一天可以换个赛道；如果机会突然来了，那么直接采用。一旦我们将重心向B计划转移并坚持下去，该计划就成了新的A计划。我们就需要准备新的B计划。 除此之外，我们还应该有个plan Z，作为保底备选计划，如果有天A、B计划都不行了，我们仍然具备基本的生存技能，不至于被活活饿死。 时代的车轮已无情的往前，我们只有跳上这班车，才可能跟上时代，一旦错过，也许就不会再有机会。 Changing is unchanged. The best way to predict the future is to create it. 永恒的是改变。预测未来最好的方式就是去创造它。 ACCA特许公认会计师【全科签约取证班】 一次取证，免费重读 查看优惠 ACCA特许公认会计师F1-F3【零基础通关班】 双师领航，轻松入门 查看优惠 ACCA中级技能课程F5-F9任选2科班 语言优势+专业能力 查看折扣 ACCA F Level 9科+OBU论文辅导班 F Level+英国牛津布鲁克斯学士学位 查看折扣 推荐阅读 ACCA，这张证书价值究竟有多大？写给对ACCA仍不了解的童鞋们 2017年最新ACCA考试报名时间表及考试时间 ACCA学历项目：英国伦敦大学专业会计硕士（UOL）学位申请 ACCA会员权利 & 义务知多少 付出最会给你带来意想不到的收获 | ACCA学员分享
ACCA
下了牢靠的知识基础，我从而才能自信从容地面对面试与笔试。其次，你的面试官可能也是一个ACCA成员，这也就意味着他能很清楚的了解你的水平，并且你可以比其它非ACCA学员更容易抓到机会，我有一个会计专业的同学和我在同一时间申请城市大学，但是他的面试通知是在1月底才收到的，而我在递交申请后1周就收到了，作为一个非会计专业的学生，我相信通过ACCA证明了自己的实力。 参加JHC 2017 就业力训练营 ACCA的确很难考，但是也因如此我们才学会了在漫长而略带苦涩的过程中咬牙坚持，并且在通过每一科后享受喜悦与满足感。我相信每一个坚持奋战的ACCA学员，在最后一定都会遇到那个出乎意料的惊喜。 ACCA特许公认会计师【全科签约取证班】 一次取证，免费重读 查看优惠 ACCA特许公认会计师F1-F3【零基础通关班】 双师领航，轻松入门 查看优惠 ACCA中级技能课程F5-F9任选2科班 语言优势+专业能力 查看折扣 ACCA F Level 9科+OBU论文辅导班 F Level+英国牛津布鲁克斯学士学位 查看折扣 推荐阅读 ACCA，这张证书价值究竟有多大？写给对ACCA仍不了解的童鞋们 2017年最新ACCA考试报名时间表及考试时间 ACCA学历项目：英国伦敦大学专业会计硕士（UOL）学位申请 ACCA会员权利 & 义务知多少
ACCA证书在财会职场的认可度持续上升，或许在不久的将来即将成为国际证书中的主流选择，ACCA来了两大ACCA F1课程学习资料干货大礼包， 干货大礼包一：ACCA F1模型汇总（以下截图供参考） 干货大礼包一：ACCA F1考试宝典（以下截图供参考） 戳我领取此ACCA 干货礼包>>> ACCA特许公认会计师【全科签约取证班】 一次取证，免费重读 查看优惠 ACCA特许公认会计师F1-F3【零基础通关班】 双师领航，轻松入门 查看优惠 ACCA中级技能课程F5-F9任选2科班 语言优势+专业能力 查看折扣 ACCA F Level 9科+OBU论文辅导班 F Level+英国牛津布鲁克斯学士学位 查看折扣 推荐阅读 ACCA，这张证书价值究竟有多大？写给对ACCA仍不了解的童鞋们 2017年最新ACCA考试报名时间表及考试时间 ACCA学历项目：英国伦敦大学专业会计硕士（UOL）学位申请 ACCA会员权利 & 义务知多少 付出最会给你带来意想不到的收获 | ACCA学员分享 温馨提示 | 2018年6月考季专业阶段（P Level）新增4个笔试考场
In relation to company law distinguish between: (a) executive directors; (4 marks) (b) non-executive directors; (3 marks) (c) shadow directors. (3 marks) 【答案】 This question raises issues relating to the important topic of corporate governance. It requires a consideration of the role of directors with an explanation of the distinction between executive or non-executive directors and shadow directors. (a) Executive directors usually work on a full-time basis for the company and may be employees of the company with specific contracts of employment. Section 227 of the Companies Act 2006 defines a director’s service contract as a contract under which a director of the company undertakes personally to perform services (as director or otherwise) for the company. Section 228 requires a copy of every director’s service contract to be kept available for inspection and under s.229 company members have the right to inspect and request a copy of such contracts. Additionally s.188 of the Companies Act 2006, relating to directors’ long-term service contracts, requires that no such contract may be longer than two years, unless it has been approved by resolution of the members of the company. In fact the Combined Code on Corporate Governance recommends that the maximum period for directors’ employment contracts should be one year. (b) Non-executive directors do not usually have a full-time relationship with the company; they are not employees and only receive directors’ fees. The role of the non-executive directors, at least in theory, is to bring outside experience and expertise to the board of directors. They are also expected to exert a measure of control over the executive directors to ensure that the latter do not run the company in their, rather than the company’s, best interests. It is important to note that there is no distinction in law between executive and non-executive directors and the latter are subject to the same controls and potential liabilities as are the former. (c) Shadow director Section 250 of the Companies Act 2006, defines a director as including ‘any person occupying the position of a director, by whatever name called.’ The point of such a tautological definition is to emphasise the fact that it is the person’s function rather than their title that defines them as a director and makes them subject to all the rules of company law that apply to directors. It is possible that someone who in reality exercises control over a company’s decision making might seek to evade their responsibilities and potential liabilities as a director. For example they could attempt to do this by appointing some other people as nominal directors without themselves being formally appointed to the board of directors. They would, nonetheless, exercise control over the business. It was in order to regulate such potential activity by those who exercise control over companies from behind the scenes that the concept of the shadow director was introduced. Thus s.251 of the Companies Act 2006 provides that a shadow director in relation to a company, means a person in accordance with whose directions or instructions the directors of the company are accustomed to act. However it should be noted that a person is not to be regarded as a shadow director simply for the reason that the directors act on advice given by him in a professional capacity. Thus neither accountants nor lawyers are made liable on the simple basis that they provide advice which the board of directors may act on. ACCA特许公认会计师F段+OBU本科学位班【签约班】 高级商业会计证书+英国牛津布鲁克斯大学学士学位 不过重读1年 查看折扣 ACCA特许公认会计师P段【签约班】 名师授课，签约过
In relation to a company’s memorandum of association, explain the following: (a) the registered office clause; (3 marks) (b) the capital clause; (3 marks) (c) the name clause. (4 marks) 【答案】 Before incorporation, companies are required to submit a memorandum of association to the registrar of companies, which must be signed by at least two subscribers from amongst the company’s first shareholders. The memorandum mainly governs the company’s external affairs. Amongst the clauses required to be contained in a company’s memorandum of association are the following: (a) The registered office clause This is the company’s legal address. It is the place where legal documents such as writs or summonses can be served on the company. It is also the place where statutory documents and registers, such as the register of members, are required to be kept available for inspection. The memorandum does not state the actual address of the registered office, but only the country within which the company is registered, whether Scotland or England and Wales. The precise location of the registered office however, has to be stated on all business correspondence (s.351). (b) The authorised share capital clause This states the maximum amount of share capital that a company is authorised to issue. The authorised capital must be divided into shares of a fixed monetary value and it follows, therefore, that United Kingdom company law does not recognise no-fixed-value shares as do other jurisdictions. As companies do not have to issue shares to the full extent of their authorised capital, it is imperative to distinguish authorised capital from issued capital, which is the amount of shares actually issued. The current minimum value of issued capital in relation to a public limited company is £50,000. (c) The name clause Except in relation to specifically exempted companies such as those involved in charitable work, companies are required to indicate that they are operating on the basis of limited liability. Thus private companies are required to end their names either with the word ‘limited’ or the abbreviation ‘ltd’; and public companies must end their names with the words ‘public limited company’ or the abbreviation ‘plc’ (CA 1985 ss.25,27 & 30). The Registrar of Companies will not register any company with a name that is the same as one already on the index of business names index (CA 1985 s.26(c)). Certain categories of names are, subject to the decision of the Secretary of State, unacceptable per se, as follows: (i) names which in the opinion of the Secretary of State constitute a criminal offence (s.26(1)(e)). (ii) names which in the opinion of the Secretary of State are offensive (s.26(1)(e)). (iii) names which are likely to give the impression that the company is connected with either government or local government authorities (s.26(2)(a)). (iv) names which include a word or expression specified under the Company and Business Names Regulations 1981 (s.26(2)(b)). The name of a company can always be changed by a special resolution of the company so long as it continues to comply with the above requirements (s.28 (1)). ACCA特许公认会计师F段+OBU本科学位班【签约班】 高级商业会计证书+英国牛津布鲁克斯大学学士学位 不过重读1年 查看折扣 ACCA特许公认会计师P段【签约班】 名师授课，签约过
