Discuss the issues facing a disadvantaged group in the UK. Outline the impact these issues have on health and wellbeing. Describe any barriers to care and how these may be overcome. As well as Define the role of the third sector in the UK in relation to health and wellbeing. Using examples evaluate the role of the third sector in the UK in relation to the group identified .
Fixed assets and their depreciation are recorded at replacement value. • Revaluation surplus are not distributed to shareholders but reserved as CCA reserve. • All the transactions in the firm are done at present. • The monetary value of assets, liabilities and equity at balance date based on current exit price. • Depreciation expenses is not reflected in CoCoA as the valuation of assets is recorded on their current cash equivalents. Advantages • It retains all the characteristics of historical cost accounting except for the change in unit of measurement, so it possesses the qualities of objectivity and comparability. • CPA measures income properly as a result of the matching of dollars of different size (purchasing power) on the income statement. • CPPA presents to users, in general, the impact of general inflation on profit and provides more realistic return on investment. • CCA provides more useful information that guides management and shareholders. • CCA helps to main the operating capabilities of the firm during inflation. • CCA determines the reliability of the value of an item in the firm as the ratios derived from CCA are more realistic than HCA. • It helps in decision making so called as “decision usefulness approach”.>GET ANSWER