Reference no: EM131139541 , Length: 2350
Dhivehi Raajjeyge Gulhun (DHIRAAGU) is the pioneer in providing telecommunication service in Maldives. DHIRAAGU was established in 1988 and was the only service provider in Maldives at that time. When Ooredoo came into the picture in 2005, it gave tough competition to DHIRAAGU and since then both companies are competitors to each other.
Being the maiden telecom service provider, DHIRAAGU has biggest customer base even today. DHIRAAGU offers various kinds of services to its customers. The major services provided by DHIRAAGU are reviewed in the following list:
- Widest 4G/LTE mobile network
- Landline fixed broadband service
- IDD and mobile roaming
- Date hosting services including web hosting
- 3G HSDPA mobile broadband services
As DHIRAAGU is providing all kinds of mobile, landline and fixed broadband services, so they have many competitors apart from Ooredoo. A local internet service provider naming the raajje online has a tough completion with DHIRAAGU.
DHIRAAGU made its Initial public offering (IPO) in 2011 and invitations were also open for foreign investors as well. At that time, 48% of the shares were taken by the government and 15% of the shares were sold during the offering. Most of the government-owned shares were bought by regional firms including State Trading Organisation (STO), Pension Administration Office (PAO) and Allied insurance.
DHIRAAGU not only focuses on services alone but also engaged and renowned for its activities related to corporate social responsibilities. To build their brand image, the company conducts lots of activities every year. The greatest activities conducted by DHIRAAGU every year is road race where a large number of crowd turns up for a cause.
Significant Accounting Standard related to DHIRAAGU
Many accounting standards are important for the company. In this analysis, relevant four sections will be discussed. They are:
- IAS 1 (Presentation of financial statement)
- IAS 12 (Accounting for Government Grant)
- IAS 16 (Property Plant & Equipment)
- IAS 38 (Intangible Assets)
Table of Contents
- Introduction.
- Accounting standards relevant to DHIRAAGU
- IAS 1 - presentation of financial statements
- IAS 12 – Income tax
- IAS 16 – Property plant & equipment (PPE)
- IAS 38 – intangible assets
- How the accounting standards were applied by DHIRAAGU.
- IAS 1 - presentation of financial statements
- IAS 12 – Income tax
- IAS 16 – Property plant & equipment (PPE)
- IAS 38 – intangible assets
- Conclusion
- Reference
- Appendix
- Appendix A – Audited financial statements of DHIRAAGU for the year ended 31 December 2014
Words Limit: 2200-2500
|
Identify the five forces that influence those mental model
: Identify the five forces that influence those mental model/mindsets of your coworkers and discuss how those forces might affect your coworkers' mindsets. Include examples of what mental models/mindsets are possibly affecting Vernon and Bud's deci..
|
|
Compare and contrast normal and abnormal psychology
: Examine at least two mental disorders and two mental illnesses from the perspective of psychology. Discuss the similarities and differences among the therapies for each school of thought in psychology for treating mental disorders.
|
|
What are the potential benefits and drawbacks of a test
: Write a 200- to 300-word response, consideringhow employers and fellow team members might use this instrument at work. Is this test reliable? Is it valid? What are the potential benefits and drawbacks of a test that attempts to measure skills, abi..
|
|
Pricing products and services
: Pricing Products and/or Services This week you are reviewing setting pricing based on break-even analysis, pricing strategies, and credit policies as they affect your small business and the people with whom you do business. You reviewed all of these ..
|
|
Significant accounting standard related to dhiraagu
: Significant Accounting Standard related to DHIRAAGU, Many accounting standards are important for the company. In this analysis, relevant four sections will be discussed.
|
|
Compute the amount of deferred gain or loss
: Compute the amount of deferred gain or loss for 2015. Compute the amount of amortization of deferred pension gain or loss for 2015.
|
|
What risks or challenges might a manager encounter
: Review the Terminal Course Objectives, accessed by clicking on the "Course Information" tab at the top of your screen, scrolling down to the "Course Objectives" and then selecting View class objectives. How will accomplishing these objectives supp..
|
|
Does the position cultivate a sense of intrinsic motivation
: Identify the current major components, tasks, or responsibilities of the selected position. Does the job currently allow any self-management or sense of choice? Does the position cultivate a sense of intrinsic motivation?
|
|
Prepare the required aje for december
: WannaBee Corporation has $1,500,000 of Receivables on December 31, 2000. Prepare the Required AJE for December 31, 2000. Prepare the Required AJE for December 31, 2001.
|