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  1. Failure-Rate Curve is a graphical representation that shows how the probability of failure of a system or component changes over its operational lifetime. It plots the failure rate against time, helping to visualize and analyze reliability and performance characteristics.

  2. Dec 19, 2014 · This publication discusses the new expected credit loss model as set out in the final version of IFRS 9 and also describes the new credit risk disclosures in relation to the expected credit loss model, as set out in IFRS 7 Financial Instruments: Disclosures.

  3. discuss the limitations of corporate failure prediction models and explain other factors which need to be considered. assess a company situation and assess the risk of corporate failure within the short to medium term using a range of appropriate financial evaluation methods, such as ratios, trends, EVA (TM) and MVA.

  4. A change in accounting estimate is an adjustment of the carrying amount of an asset or a liability, or the amount of the periodic consumption of an asset, that results from the assessment of the present status of, and expected future benefits and obligations associated with, assets and liabilities.

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  5. At a current ratio of 0.35, logistic regression predicts a failure rate of 2.3%, not economically significantly different from the 2.0% failure rate predicted at a current ratio of 1.47. Examining the slope estimates for the relation between failure and current ratios reveals a similar pattern.

  6. Jun 16, 2014 · There are some notable differences between the way in which goodwill (and other intangible assets) are accounted for in FRS 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’, which comes into effect for accounting periods commencing on or after 1 January 2015, and that of existing UK GAAP.

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  8. This is where IAS 37 is used to ensure that companies report only those provisions that meet certain criteria. IAS 37 stipulates the criteria for provisions which must be met for a provision to be recognised so that companies are prevented from manipulating profits.