Taking Out A Loan For College - 1795 Words

An education expert recently told me that low-income families who won t borrow for college just don t understand the concept of investing now for returns in the future. We need financial literacy, so they can see that the debt is temporary. Over the long run, they ll be far better off with that college degree, he said. While this is a common refrain from the highly educated, the reality is not so simple. The problem is that taking out a loan for college requires a leap of faith that is not entirely justified. Yes, it is true that a college graduate, on average, earns close to a million dollars more over a lifetime than a high school graduate. But there are two trick words in that sentence. First, you have to graduate from college, a feat that barely half of those who start college currently achieve within six years. Second, the high economic returns to education are an average. Actual salaries of college graduates vary enormously because of career and life choices, skills, geography, fluctuations in the economy, and plain old luck. While it is in our nation s economic and social interests for more Americans to seek advanced education and training, the incentives and risks faced by individuals are more complicated. Most potential students who see college debt as too risky a gamble are not being short-sighted. They are being careful, a commendable attribute. While they recognize the potential gain is high, they also worry about the cost of failure: WithoutShow MoreRelatedStudent Loan Debt On College Students887 Words   |  4 PagesStudent Loan Debt on College Students Student loans are becoming more and more of a problem for college students all across the United States. As college tuition has significantly increased over the past years, it has become extremely common for most college students to finance their education through student loans. Tuition has become so expensive that it is almost unheard of for a student to pay for their tuition out of pocket or by working for their education part time. As the result ofRead MoreThe Problem Of Student Loan Debt940 Words   |  4 PagesGoing to college has been taught to be the next step in education after graduating high school but is it truly that easy? The main factor to attending college now is the money issue. In today’s generation receiving a scholarship would be the best way to get through college without the burden of student loan debt piling up as you get further into college. Even though financial aid is available for students seeking college education, some of those students will not all qualify for financial aidRead MoreShould Colleges Be Free For Every Students?922 Words   |  4 Pagesâ€Å"Help, Help† Colleges should be free for every students. There are many obstacles that students face during each semester. Some of those obstacles are the work for classes, time management, and mostly stress. However, there are enormous numbers of people who are suffering from students loans after graduation or dropping out from colleges. Some cannot afford to repay for loans because their income is low and there are also many other bills to pay for such as rent, heat, and water. In other cases,Read MoreThe Problem Of Student Loan Debt1271 Words   |  6 Pagesweighing college students down. The problem is student loan debt. This is the highest of all debt, passing up auto loans and credit card debt. There is approximately $1 trillion in student loans in America and the number is growing every year. It has been said that most of the student’s in debt were dropouts and graduate students, but now has broadened to students still working on their degree. Is getting a degree worth the fin ancial burden? The biggest question asked about student loans is, â€Å"HowRead MoreThe Problem Of Higher Tuition855 Words   |  4 Pagesto the College Board and U.S. Census data, over the last few decades, the cost of a 4-year college degree has risen by 250 percent (Washington and Salmon 38). According to the same data, the average family income has only risen 16 percent during that time period (Washington and Salmon 38). This information proves that there is a serious problem going on, as there is clearly a shortage of income needed to pay for college. Therefore, students are having to take out larger educational loans. As a resultRead MoreHow Do People Pay For College?984 Words   |  4 Pagesmeans going to college. But, how do people pay for college? A lot of people pay with loans, which means interest payments, debt, and stress. People are paying with loans, but is the loans they are borrowing becoming a macroeconomic issue? These loans are obviously a choice made by the student, but do u s students really have any other option? There are many ways to pay for education, loans being one of the biggest ways. Going to college, and paying with loans and having to pay these loans off are puttingRead MoreThe Ethics Of College Debt1299 Words   |  6 PagesStephanie Jones Period 7 1081 words. College is where you go to get higher sources of education. Many high school students dream of attending college in order to attain more knowledge, yet so many people fail to realize the cost of college. Attending college, currently, is nearly impossible to do without being in some sort of financial debt or seeking out government help. According to the American Association of University Professors, â€Å"two-thirds of American college students graduate with substantialRead MoreLifetime of Student Debt Essay649 Words   |  3 PagesDebt,† Robin Wilson interprets the different views on taking out loans for college students. The recent worry has been that taking out student loans are â€Å"threatening the financial future of today’s college students† (Wilson 256). However, recent studies has shown that one-third of college students will have no debt after their academic experience. College student nowadays are willing to take any means necessary to attend their â⠂¬Å"dream college, no matter the cost†(257). Mark Kantrowitz touches up onRead MoreStudent Loan Vs. Private Loan990 Words   |  4 Pagessociety people must take a risk. That risk may include taking out student loans in order to acquire the necessary degree for their wanted job. For some taking out student loans in the only way to achieve their goal of going to college. There are many different types of student loans that a person could qualify for, for example, a federal loan or private loan. No matter what type of loan is being offered before someone should accept any type of loan and the responsibilities that come along with it theyRead MoreThe Rising Costs Of Formal Education1649 Words   |  7 Pagesrising every year. Many Americans are struggling with a large amount of student loan debt weather they graduated with a degree or not. The only way to secure the future of students today is to invest in the students themselves rather than investing their money into the corpo rate market. By preparing students for higher education and providing financial resources students will have the knowledge to deal with student loans and the debt they may be accruing while in school. The rising costs of formal

Business Analysis Microsoft’s Main Resources and...

Introduction This paper will analyze the main resources and capabilities used by the company which are the key factors to enter the market. They are the main source of profitability. The resources are tangible (financial and physical), intangible (technology, reputation and culture) and the human resources. Microsoft was founded by Bill Gates and Paul Allen in 1975 and the first idea was of having â€Å"a computer on every desk and in every home, running Microsoft software.† Nowadays, the company is one of the most beneficial companies in the world and also one the largest information technology company. a) What are Microsoft’s main resources and capabilities which make it a market leader in computer software development and marketing? Let’s starts with a reference: according to Robert Grant: â€Å"In fats-moving technology-based industries, basing strategy upon capabilities can help firms to outlive the live-cycles of their initial products. Microsoft’s initial success was the result of its MS-DOS operating system for the IBM PC. However, by building outstanding capabilities in developing and launching complex software products and in managing an ecosystem of partner relationships, Microsoft extended its success to other operating systems (e.g., Windows), to application software (e.g., Office), and to internet services (e.g., Xbox Live).† Resurces: Tangible - financial and physical: †¢ Microsoft Cash and Short Term Investments: 88.42B for March 31, 2014 †¢ Revenue -Show MoreRelatedEssay on Microsoft Case Study943 Words   |  4 Pagesfirst mover company. Microsoft then developed Window NT to compete with UNIX. As the desktop software market saturated, the bust of the dot.com, and entertainment’s trend, In November 2005, Microsoft announced its new strategy. 2. ENVIRONMENT ANALYSIS 2.1 External Environment General environment that highly affected Microsoft is political. U.S. Justice Department filed antitrust charges in 1998, claiming that Microsoft had stifled Internet browser competition and limited consumer choiceRead MoreInternal Analysis : Strategic Management 1479 Words   |  6 Pages Week 4 Team Project: Internal Analysis Learning Team 3: Katina King, Keisha Echols, Michelle Prince Brenau University Week 4 Team Project: Internal Analysis Resources are defined by Hitt, Ireland and Hoskisson in the book, Strategic Management, as â€Å"Broad in scope and cover a spectrum of individual, social, and organizational phenomena† (2013). However, a company cannot be successful with resources alone. â€Å"Resources do not allow firms to create value for customers as the foundationRead MoreEssay on Google Case1495 Words   |  6 Pagesan encyclopedia or something of that nature, but with online search engines, information is available instantly and up-to-date. If a company can get past the barriers to entry, there is a high industry attractiveness. With advertisements being the main source of profit for search engines, a company could gain considerable profit margins with good advertisements and a mediocre search engine. 2. How is the search industry changing? What forces seem most likely to bring about major change to theRead MoreMicrosoft Corporation : A Worldwide Leader3420 Words   |  14 Pagesworld’s most valuable brands by Forbes (Forbes, 2015). This company headquartered in Redmond, Washington, spent decades fighting rivals and regulators for the ability to bundle its applications into its proprietary platform, and is now changing its business model by moving to a cross-platform approach (Rosenbush, 2014). Microsoft s transition to a cloud first, mobile first strategy under new CEO Satya Nadella aspires to thought leadership commensurate with its strong market position (Gartner, 2015)Read MoreMicrosofts Diversification Strategy2716 Words   |  11 Pagesfollowing structure. It will commence by providing the reader with a brief history about Microsoft and then go onto explaining what corporate strategy is. Following this will be Microsoft’s diversification strategy in parall el with the reasons why they choose to diversify. Within this section the author plans to explore Microsoft’s related diversification approach, their corporate rationale, alongside why skill transferring is essential to them sustaining a competitive advantage and also how they achievedRead MoreKnowledge Management at Accenture1687 Words   |  7 Pagesthe financial crisis between 2002 and 2003. Accenture had developed a new strategy which focusing on outsourcing and its organizational structure gradually evolved in early 2005, which includes five operating groups, 18 industry groups and eight capability groups. There are several changes of personnel at Accenture. In 2004, Bill Green took office as CEO, the Accenture’s primary decision-maker and policy maker of Accenture. Tom Barfield began to work on the learning and knowledge infrastructures inRead MoreA Fast Paced, Business Ordinated Technological World The Overall Welfare Of A Company1304 Words   |  6 PagesIn a fast paced, business ordinated technological world the overall welfare of a company is tied to the success or failure to make the tough decisions. On one instance a company’s CEO might be able to make the choices based on experience, advice, or simple gut instinct. However, this is not the only skill one needs. There is a great deal of information to be found in being able to see investments in data and analytics. These decisions are based off of big data. Big data is a catch-phrase, used toRead MoreMicrosoft Strategy Analysis Essay4644 Words   |  19 Pagescoming age of internet computing, Microsoft shall keep its focus on being a successful software company. This however requires it to make radical change to its business model, development method and its competition strategy. In section 4, a SWOT matrix is present consisting the opportunities and threats identified in competitive analysis, and highlight the strategies identified. These strategies are then present in section 5. 2 The Story So Far 2.1 Acquisition of Yahoo! Microsoft has successfullyRead MoreInternal And External Analysis Of Apple Inc.1397 Words   |  6 Pages This paper will provide both an internal and external analysis of Apple Inc. and the industry it operates in, as well as its general competitive strategy from the case ‘Apple Inc. in 2012.’ Although it may be difficult to pinpoint just one specific industry that Apple operates in, when looking at the products (personal computers, MP3 players, and smartphones) and services (music streaming and cloud storage services) they provide to buyers, one can make the argument that Apple operates broadlyRead MoreEssay on Market and Features of Lumia 2520 Tablet by Nokia1543 Words   |  7 Pagessmartphone-maker’s take on a Lumia-style tablet. Despite Microsoft’s recent acquisition of Nokia, the Lumia 2520 sees Nokia directly competing with the Microsoft Surface Pro 2 tablet for market share. 2. Key Product Features The Lumia 2520 tablet features a 10.1inch 1920x1080 resolution touchscreen, powered by a quad-core 2.2GHz Qualcomm Snapdragon processor and running Microsofts Windows RT 8.1 operating system. This is a crucial improvement as Microsoft’s earlier attempt with Surface RT was plagued with

Business Ethics Paper - 1837 Words

MOI UNIVERSITY SCHOOL OF BUSINESS AND ECONOMICS ELDORET WEST CAMPUS (Human Resource option) COURSE CODE: BBM 406 COURSE: BUSINESS ETHICS TASK: Assignment I PRESENTED BY: Jayne Wairimu Njenga ADM NO. BBM/1491/07 PRESENTED TO: ROSE OMONDI Course Tutor DATE: March 2009 Question: Is good Ethics good business? Definition of Business Ethics Business Ethics is a set of moral principles applied in the commercial world. Business ethics provide guidelines for acceptable behavior by organizations in both their strategy formulation and day-to-day operations. An ethical approach is becoming necessary both for corporate success and a positive corporate image. Following pressure from†¦show more content†¦3.Business to External Environment. Because businesses exist within a community from which they take resources, businesses have ethical responsibilities to the community. This obligation to protect and enhance the society is called Social Responsibility. This also includes responsibilities to the customers from which they earn profits. The main areas of Social Responsibility are: Ecology and environmental quality - preventing and cleaning pollution, noise control, recycling, preserving land. Consumerism - truth in advertising, warranties, control of harmful products. Community needs - helping charities, aid with health care and urban renewal. Governmental relations - elimination of bribery of officials and lobbying, following laws. Minorities and disadvantaged persons - providing training and opportunities for these groups. Labour relations - permitting unions, negotiating fairly, providing fair working conditions and compensation. ARGUMENTS AGAINST BUSINESS ETHICS Ultimately, businesses exist to make a profit for their owners and shareholders. In most cases, ethical behaviour adds expenses to the business, reducing profits. Profits are a good thing - they ensure that people have jobs. The smaller the profits, the fewer income tax dollars are paid, which would hurt government programs. The government takes care of ensuring that businesses do things in an ethical way. No other forms ofShow MoreRelatedBusiness Ethics Paper997 Words   |  4 PagesBusiness Ethics Paper BUS 415 November 14, 2011 Michael Green Business Ethics Paper The same ethical issues in the business world have been around for a long time. In theory business ethics is a practical regulation that dictates moral activity of commercial interests. The history of business ethics is founded in corporate social responsibility (CSR). Entertainer Shirley Jones filed suit in California against the tabloid company The National Enquirer, whose home office is based in FloridaRead MoreA Reflective Paper On Business Ethics1966 Words   |  8 PagesBUSINESS ETHICS Introduction A reflective piece of paper is an essay that has been written with an aim of reflecting essential elements of professional life. It enhances the capacity of evaluating the current knowledge and to understand and accept personal strengths and weaknesses. Reflective writing improves the writer’s critical thinking skills. In this paper, I will handle three different reflective pieces as to why a business ought to be concerned about their social sustainability, how the lackRead MoreReflection Paper On Business Ethics2881 Words   |  12 Pages Arion 1 Anthony Arion Reflection Paper Business Ethics Jeffrey Muldoon, PhD 1 December 2015 Declaring a major in college is a big deal, but declaring that one is majoring in Business gives a whole new meaning to the word. About midway through the class, like a light bulb turned on, the true realization that there is much more to a business when you consider where you want to work or where you want to shop is a direct result of my BU 293: Ethics, Social Responsibility, and SustainabilityRead MorePersonal Worldview Business Ethics Paper1821 Words   |  8 PagesPersonal Worldview amp; Business Ethics Paper Liberty University BMAL 560 January 25, 2015 STEP 1 To what extent should personal religious beliefs impact our decisions about business ethics? Personal religious beliefs should impact all decisions about business ethics. If your beliefs are truly mandated in your life, then you have no choice but to be fair and honest about your business decisions. Business decisions can sometimes be difficult and harsh, but that is no reason to compriseRead MoreApplied Concept Paper: Critical Thinking Structures for Business Ethics3010 Words   |  13 Pages| APPLIED CONCEPT PAPER UNIT A LAURA RUBIDO Z#23124153 MAN 4720-009 PROFESOR: HARRY SCHWARTZ Table of Contents Executive Summary 2 Abstracts 3 Concepts 5 Analysis 6 Conclusion 9 Works Cited 11 Executive Summary The purpose of this paper is to demonstrate my understanding of the previously mentioned fundamental concepts and capability in order to relate them to the actual business world through applications of my critical thinkingRead MoreMonsanto Business Ethics Paper1465 Words   |  6 PagesThis paper about Monsanto Corporations Business Ethics Thesis Statement I will outline some of the ethical issues Monsanto Corporation has faced, I will focus on the predatory litigation of farmers that have been contaminated by Monsanto’s Genetically Modified seed and then sued for using that seed to plant subsequent crops. I will provide examples and citations of what I feel are unethical practices and cases involving Monsanto. Introduction â€Å"The Justice Department is investigating whetherRead MoreBusiness Ethics Research Paper2018 Words   |  9 PagesInsider Trading By Jennifer Miller Instructor Margie Andrist Business Ethics The purpose of this paper is to review the phenomenon of illegal insider trading in the United States financial securities markets. The analysis section of this paper (a) defines illegal insider trading, (b) explains the enforcement of laws and regulations concerning illegal insider trading, (c) review the pattern of illegal insider trading from 1996 through 2005, and (d) compares the problem of illegal insiderRead MoreBusiness Ethics Term Paper2462 Words   |  10 PagesBusiness Ethics Term Paper: Wal-Mart Walmart serves customers and members more than 200 million times per week at more than 9,826 retail units under 60 different banners in 28 countries. With their fiscal year 2010 sales of $405 billion, Walmart employs 2.1 million associates worldwide. Walmart was founded in 1962 by Sam Walton, with the opening of the first Walmart discount store in Rogers, Ark. The company incorporated as Wal-Mart Stores, Inc., on Oct. 31, 1969. The companys shares began tradingRead MoreBusiness Ethic Final Paper1697 Words   |  7 Pagesand have good business ethics also. Toyota business ethics have come into question over its lack of concern for the safety of the consumer and for its desire to make as much money as possible, therefore Toyota had a major recall after owners of Toyota vehicles raised issue about the safety of Toyota’s vehicles. Business Ethics is very important subject to a work place and it demands that a company examines its behavior towards the outside world. â€Å"The field of business ethics deals with questionsRead MoreA Change in Business Ethics: The Impact on Employer–Employee Relations1180 Words   |  5 PagesA Change in Business Ethics: The Impact on Employer–Employee Relations Business ethics is the behavior that a business adheres to in its daily dealings with the world. The ethics of a particular business can be diverse. They apply not only to how the business interacts with the world at large, but also to their one-on-one dealings with a single customer. In the recent decades, business ethics has become the platform on which the whole business rest on. Any disturbance to this base has and will

Revaluation Model Structure and Sticky Costs

Question: Discuss about the Revaluation Model for Structure and Sticky Costs. Answer: Introduction: The report consists definition of revaluation model and the reason of its application. The present case of Sha Maru has been analysed and a conclusion has been derived regarding the application of revaluation model or not. The details regarding the method of application revaluation model and its impact on Sha Maru Ltd. has been also described. The benefits which will be available to the organisation after the application of revaluation model are also included in the report. Cost Model In this method, the cost of an asset is the total expenditure done for putting the asset in a usable form. The purchase cost, transportation and initial expenditure expended for making asset usable are included in cost of this method (Choi and Yoo, 2013). The model emphasis on the input of parameters according to which attributes of the project and physical requirements are being estimated. It does not an emphasis on the fair value of the asset hence an appropriate value of asset cant be ascertained with it. Revaluation Model An option of accounting fixed asset on revalued amount is availed by a business by application of revaluation model. The period of interval after which revaluation of the asset should be done depends on the nature of asset (DRURY, 2013). Some assets are volatile in nature hence, it is necessary to revalue them at least once a year. The general period acceptable by IFRS is three to five years for revaluation. After the application of revaluation model, the amount at which asset is carried in books of accounts is the fair value of asset deducted by accumulated depreciation and impairment losses. According to this approach, entity must revalue the assets on regular period so that the amount at which the asset is carried on is not different from the fair value of the asset. The same is in compliance with IFRS. The model is majorly dependent on estimation of fair value of asset but it is a practical approach to estimating the carrying cost of the asset and make an appropriate adjustment (Liang and Riedl, 2013). If an asset is revalued than accordingly the other assets of the group should also be revalued to prevent misleading in financial position due to a mix of historical cost and current values. Accounting treatment of depreciation in revaluation model In the case when an entity has adopted revaluation model it is having the option to adopt any of the one methods from the two methods with the depreciation that has accumulated since last revaluation (Percy and et.al., 2015). The amount of accumulated depreciation in the year in which revaluation model is being applied is deducted from the total carrying revalued amount of asset; The asset is carried with the revalued amount in the books of account and the amount of depreciation is proportionally restated. Analysis of the case The present case study is related to ShaMaru Ltd. whose total assets are $35,500,000. The assets include Property plant and equipment of $27,500,000 and the remaining is current assets. It can be analysed from the financial data of the company that a major portion of the asset is property, plant and equipment. Thus the carrying amount of asset should be more than the actual value as it is given it the data that the fair amount of asset is twenty-five percent more than its current value. It will result in the advantage of more depreciation and the increase in the value of the asset will reduce the liabilities of the company. The long-term liabilities of the company are $17,500,000 and short term liabilities is $2,500,000. The interest expense for the current period is 900,000, tax expense $250,000 and net profit was $2,000,000. The increase in carrying the amount of asset will have direct positive impact on the debt-equity ratio of the company. Since the company will have to make changes in the depreciation adjustments as previously the company was following of cost methodology and now revaluation method is being adopted by the company. The company will need to comply with cost and statutory changes according to change in accounting standard. The difference between the revalued amount and the carrying amount of asset should be presented properly while reporting in books of accounts (Zakaria and et.al, 2014). The application of revaluation model will be beneficial in a way for maintaining debt percentage and will also allow the company to make enough payments in form of dividend. Impact on books of accounts of revaluation model: The assistance of a qualified valuation can be taken for ascertaining the fair value of the asset. If the asset is of a specialized nature that market value method cannot be used than alternative method can be used to ascertain fair value of the asset. In case the revaluation of asset results in an increase in carrying the amount of asset, the increase is recognised as an increase in other comprehensive income and accounted as revaluation surplus in equity account (Revaluation of Fixed Assets, 2012). Thus if in future the value of the asset is decreased again the relevant profit will be recognised as revaluation gain and the loss of the extent balance is available in the revaluation account will be done by reducing the revaluation reserve. In case the revaluation concludes with a decrease in value of the asset, than in that case the decrease in amount will be accounted as a loss in profit loss account (Balakrishnan and Soderstrom, 2014). In case revaluation reserve exists in books of account than the amount of loss will be adjusted against revaluation reserve account to the balance available and the remaining part will be charged to profit and loss. Journal entries in revaluation model: Journal Entries in case if revaluation results in increase in value of asset In $ 000' Sr. No. Date Particular Dr. Amount Cr. Amount 1 30.06.2016 Non- Current Asset A/c 6875000 To Revaluation Surplus A/c 6875000 [Being the revaluation reserve created with the increased in carrying amount of asset.] Conditions for raising debt Debt ratio must be less than 0.6 The times interest earned ratio should be greater than 3 Cost model Revaluation model Debt ratio Total Liabilities/Total Assets Debt $ 20,000,000.00 Debt $ 20,000,000.00 Assets $ 35,500,000.00 Assets $ 42,375 ,000.00 * Ratio 0.563380282 Ratio 0.47197 Times interest earned ratio Profit before tax + interest expense/interest expense Profit before tax $ 450,000.00 Profit before tax 7325000 Interest exp. $ 900,000.00 Interest exp. $ 900,000.00 Ratio 1.5 Ratio 9.138888889 Amount of total assets Existing fixed assets $27,500,000 Upward revaluation (25%) $6,875,000 Current assets $8,000,000 Total assets $42,375 ,000 Conclusion: The discussions regarding both the models have been presented in the report. It can be concluded from the above analysis that cost model considers the price at which project was started and revaluation model considers fair value of the asset of the project. Both the models needs different calculations and presentation thus a shift in the method will need appropriate changes in accounting method for compliance with accounting standard (What is the difference between the cost model and the revaluation model of fixed assets? 2013). The issue regarding revalue model is that it is a typical job to ascertain the fair value of an asset. Hence complexity is associated with revaluation model but as IFRS has considered it as an important aspect it will be accepted by the entities. The advantages that will be received by the company after the application of revaluation model are: Presentation of the value of the asset at fair value rather than its cost which is more appropriate. Improving debt equity ratio. Increasing the share of contribution like dividends. The increase in the asset will allow the company to make suitable adjustments in interest payments. It is recommended to comply with revaluation model and changes in accounts should be made in compliance with the standard. The initial cost of the project may be expensive but with the assistance of accounting personnel the company can easily report in books of accounts in compliance with standard regarding the shift in policy. In accordance with the above analysis, it could be said that the compliance with revaluation model leads an entity to incur a high cost at beginning with some critical calculations for compliance with standard but it is an appropriate methodology as it considers fair value of asset rather than its cost. The application of this model let the entity to account assets at its fair value which leads to present books of accounts in a more fair and appropriate manner. References: Balakrishnan, R. and Soderstrom, N.S. (2014). Cost structure and sticky costs. Journal of Management Accounting Research. 26(2). Pp.91-116. Choi, T.H. and Yoo, C.Y. (2013). Demand for Fair Value Accounting: The Case of Asset Revaluations in Private Versus Public Firms. DRURY, C.M.(2013).Management and cost accounting. Springer. Liang, L. and Riedl, E.J. (2013). The effect of fair value versus historical cost reporting model on analyst forecast accuracy.The Accounting Review.89(3), Pp.1151-1177. Percy, M. and et.al. (2015). Journal of Contemporary Accounting Economics. Journal of Contemporary Accounting Economics. 11, Pp.31-45. Zakaria, A.and et.al. (2014). A Review of Property, Plant and Equipment Asset Revaluation Decision Making in Indonesia: Development of a Conceptual Model. Mindanao Journal of Science and Technology, 12(2014), pp.109-128. Revaluation of Fixed Assets. (2012). [Online]. Available through https://accountingexplained.com/financial/non-current-assets/revaluation-of-fixed-assets. [Accessed on Accessed on 27th August 2016]. What is the difference between the cost model and the revaluation model of fixed assets? (2013). [Online]. Available through https://www.bayt.com/en/specialties/q/213362/what-is-the-difference-between-the-cost-model-and-the-revaluation-model-of-fixed-assets/. [Accessed on 27th August 2016].