#undiscountable
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i’m going to start giving out commission discount codes to people who send me asks about having to pay for commissions or that they don’t like my prices but instead of a discount it’ll add 40% to the price and automatically call your mother to shame you. please look forward to it
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This website can't even advertise right
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Hey, if you're on the ACP (Affordable connectivity program) in the USA, please read this
I received an email this evening from my broadband provider. Here's screenshots, and I'll copy paste the text, as well. TL;DR at the end of the post.
"Important ACP Update
Dear Valued Astound Broadband Customer: On January 11, 2024, the Federal Communications Commission (FCC) announced that the Affordable Connectivity Program (ACP) will end in a few months unless the US federal government provides additional funds for the program. The FCC is requiring ACP providers like Astound Broadband (Astound) to inform ACP participants about the potential end of the ACP.¹
What Happens Now
You should begin to review your options.
• If you are an Astound ACP customer on or before February 7, 2024, you will continue to receive the up-to $30 ACP benefit to your ACP-supported internet services until the end of the ACP so long as you continue to be eligible to participate in ACP and remain an Astound customer.²
• After February 7, 2024, the ACP will not accept new or re-enrolled ACP participants and you may not be able to transfer your ACP benefit to another ACP provider.³
What Happens if the ACP Ends
If the ACP ends, you will no longer receive the up-to $30 per month ACP benefit and other Astound promotional credits for your internet services and, in the final month of the ACP, you may not receive the full up-to $30 per month ACP benefit and other Astound promotional credits for your internet services. If you continue to receive Astound internet services after the ACP ends, the full undiscounted rate for your service will apply or there may be the option to select an alternate package. Additional information will be coming soon regarding your future package options.
The FCC will provide more information on the status of the ACP in the coming weeks, and Astound will provide you with further updates.
If you have questions about the ACP, please contact the Universal Service Administrative Company ACP Support Center at (877) 384-2575 or visit www.fcc.gov/acp or https://affordableconnectivity.gov/ for more information. In the meantime, thank you for being a valued customer. We look forward to serving you.
Sincerely,
Astound Broadband Team"
the footnotes I forgot to screen cap are thus:
"¹Astound Broadband refers to the following ACP participating entities operating in separate service areas throughout the US: RCN Telecom Services, LLC; RCN Telecom Services (Lehigh) LLC; RCN Telecom Services of Philadelphia, LLC; RCN Telecom Services of Massachusetts, LLC; ETS Telephone Company, Inc.; Grande Communications Networks, LLC; and WaveDivision Holdings, LLC.
²The ACP is a US federal government benefit program operated by the FCC that reduces one eligible household’s broadband Internet service bill by up to $30 per month. Without incurring a termination fee, at any time, a household may apply the ACP benefit to any broadband Internet service plan available in the area, at the same terms available to households not eligible for ACP, or a household may transfer the ACP benefit to another provider or opt-out of the program. If the ACP benefit does not completely cover the cost of your home and/or mobile internet services, you must make monthly payments to your ACP-supported broadband Internet services. If the ACP benefit covers the full retail rate of your home and/or mobile internet services, you must use your Internet services at least once every 30 days. If the ACP ends, if the household transfers its ACP benefit to another provider but continues to receive Astound Broadband Internet service, or if de-enrolled from the ACP, the full, undiscounted retail rate and general terms and conditions of service apply.
³If the ACP does not receive additional funds, after February 7, 2024, ACP providers are not required to allow ACP households to transfer their ACP benefit from other ACP providers."
This is a link to the PDF fact sheet from the FCC regarding the ACP wind down
TL;DR:
In April, 2024, it's expected that the fund that makes low cost or free access to the internet possible for low income families and individuals, and college students on pell grants, will run out, without federal intervention. People on the program will loose that financial support, and internet may no longer be a thing people with restricted incomes can afford. Pressure needs to be put on the federal government so that people who rely on the internet for work and education, or even just access to friends and family, can continue to have that access.
The pandemic taught us that the internet is a vital resource that people need access to. A lot of us disabled people already knew that, having fought for work from home/school from home options for years, only receiving them finally during lockdown. Access to the internet has greatly improved most of our lives, and we can't lose that now.
If you know you need the financial support to have cheaper internet, you have until the 7th of February to get your application approved by the FCC, and your provider set up with that information, to give you a little relief until April. Take. that. opportunity.
I have not, as yet, received any indication from other low income support programs, like Social Security, utility discount programs, or food stamps, being cut. I'm keeping an eye out.
I'll update this post in reblogs as I get more information going forward.
#affordable connectivity program#internet service#low income#disability#accessibility#poverty#united states federal low income support#united states politics#united states#federal government
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DISCOUNTED WRITING COMMISSIONS !!
my family and I are having some financial issues right now so I decided to lower my prices in hopes that people would be more interested!
$12 (og price: $25→$ 15) = 1k words
$20 (og price: $27) = 2k words
$27 (og price: $30) = 3k words
more info? head to my undiscounted commission info post to see examples and rules!
I do nsfw and sfw, write for any fandom that exists, and could make a free extra short story if you commissioned a 2k words piece!
#writing commissions open#writing commissions#commissions open#open commissions#taking commissions#commissions#commission#hazbin hotel x reader#sonic x reader#jjk x reader#twst x reader#emergency commissions#emergency commisions open
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EyeBuyDirect has a 30% off coupon
(okay so it's more like 20-30% off but the 30% off kicks in at 60$ undiscounted items which
if you have a prescription, it's gonna be 30%)
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mmmmmmmmm candles pine and frost PLEASE
pine - how was your day today?
You know what it wasn’t bad! I FOUND MY FUCKING MOUSE AFTER HAVING LOST IT FOR LIKE 2 WEEKS!!! And having torn up my living room TWICE looking for it. And I got this super cute fucking nightgown that truly makes me feel like lady terror. Overall a generally pleasing day yes thank ye kindly for asking 🥰
frost - what’s your most expensive piece of clothing?
Oh thats tough… and gets even tougher depending on whether I actually payed full price for it or not… but ok I have this vintage tea gown styled in like early 1900’s fashion (think like downton abbey) that my mom got for me before I went to Austria when I was about 16 or so (one of the features of the trip is we went to a live opera dinner that required fancy dress so that is what I wore it to). I still have it and it doesn’t fit me as well but still it’s just too cute I can’t get rid of it. Then there’s the damn near wedding dress that I got from modcloth ages ago that I adore but the lace detailing is super itchy. AND THEN!!! This summer I bought like 9 bridesmaids dresses from the david’s bridal in town that closed down and I got them each for like 10 bucks apiece but undiscounted they would’ve been like. Over 100 bucks each. So yay me!
WINTER ASKS
#ask games#I like never wear dresses… but good god do I enjoy having them#I like to dress up just to hang out around the house lmao#anyway point is
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IFRS 4- Insurance Contract
An Introduction
IFRS 4 prescribes some revenue recognition features for insurance contracts issued by entities that have not adopted IFRS 17.
Unknown future events (the insured event) are covered by an insurance contract, which commits one party (the insurer) to pay the policyholder back if it hurts the policyholder. To learn more, continue reading!
Understanding IFRS 4- Insurance Contract
With few exclusions, IFRS 4 Insurance Contracts apply to all insurance contracts (including reinsurance contracts) issued by a business and all reinsurance contracts it possesses. In light of the IASB's extensive project on insurance contracts, this standard provides a temporary exemption from certain other IFRSs, including considering Changes in Accounting Estimates, Accounting Policies, and Errors when selecting accounting policies for insurance contracts.
IFRS 4 was published in March 2004 and applies to yearly periods beginning on or after January 1, 2005. IFRS 17 will supersede IFRS 4 beginning on January 1, 2023.
A company's insurance and reinsurance contracts, except those expressly covered by other Standards, must comply with IFRS 4. Non-financial assets and liabilities, such as those covered by IFRS 9, are not affected by this rule. In addition, policyholders' accounting is not addressed in this study.
Insurance Contract - Definition
It is a contract in which a party (the insurer) assumes a significant risk from another party (the policyholder) by pledging to reimburse the policyholder party if an undetermined future occurrence (the insured event) harms the policyholder party.
Accounting Approaches
A temporary exception from other obligations, such as the necessity to examine the Conceptual Framework while establishing accounting standards for insurance contracts is granted under IFRS 4. In spite of this, IFRS 4 states:
For contracts that were not in force at the conclusion of the reporting period, the provisions for claims under those contracts are invalid (such as catastrophe and equalization provisions)
Accuracy of insured liabilities and asset impairment are assessed throughout the process.
Until the liabilities are discharged, terminated, or expire, an insurer must report insurance obligations in its statement of financial position without recourse to contingent assets.
A 2016 update to IFRS 4 resolves the repercussions of implementing IFRS 9 before adopting IFRS 17.
Adjustments In Accounting Standards
IFRS 4 allows an insurer to amend its accounting rules for insurance contracts if its financial statements reflect information that is either more relevant and no less trustworthy or more reliable and no less relevant.
Specifically, an insurer cannot use any of the following techniques, but it may continue to use accounting rules including them:
Undiscounted insurance liabilities are measured.
Calculating contractual rights to future investment management fees at a rate that surpasses the market rate.
Based on comparing current market-based rates for comparable accounting services, their fair worth.
Using non-uniform accounting procedures for subsidiaries' insurance obligations.
Conclusion The purpose of IFRS 4 is to make insurance contracts and the companies that supply them more transparent from a financial reporting perspective (described in IFRS 4 as an insurer). If the insurer's financial statements contain both more trustworthy and relevant data, the IFRS 4 permits it to alter its accounting requirements for insurance contracts.
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Defend your castle hd
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it’s both extremely funny and incredibly depressing that last night at Tesco’s in the “reduced to clear” section there were at least a dozen whole chickens, all reduced from £12-£13 (at ~£6 per kilo)
to a whopping discount of £11.
This was at roughly 8:30pm, at a store that closes at midnight. idk if they would have been reduced further as the night went on. But there was A Lot of stuff there that boasted high prices undiscounted going for a minuscule amount less…
It’s telling. A lot of people couldn’t afford the chickens, so a lot of them went unsold. And probably less would sell after that.
I do hope the food that went unsold got donated at the least. But I doubt it for “Tesco’s Finest” in the discount section. They have food bank crates at the front of the store, so one hopes…
#i got excited when i saw them. but then i realised they cost far too much…#hainanese chicken would have been nice. but maybe some other time when i have income to spare.#and a more fucking reasonable price to be found.
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wish nintendo had regional pricing so that it’s actually practical for me to buy games on the switch. like sometimes i’ll hop on dekudeals and, as i browse, think “i could buy this game, but it wouldn’t be practical. this game is on sale yet the undiscounted price on steam is still cheaper”. and even then, given the existence of 🏴☠️, the only reasons for me to buy switch games are multiplayer exclusives and games that would be fun to play on the go
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Impairment Test
Impairment refers to the loss of value of a fixed asset. In accounting, impairment loss quantifies this loss. Several factors may contribute to a fixed asset losing its value. These factors may be external or internal. Usually, companies conduct an impairment test to determine if a fixed asset has suffered an impairment loss.
What is an Impairment Test?
The term impairment test refers to an accounting method to establish whether an asset has suffered impairment. It allows companies to determine the value of the impairment loss on that asset. As stated above, several factors can cause this loss. Once companies notice these factors, they must conduct an impairment test to quantify the impairment loss on the asset.
How to perform an Impairment Test?
The impairment test differs based on the accounting framework a company uses. Usually, these include the IFRS and GAAP. The impairment test under each framework is as below.
IFRS
An impairment test under IFRS involves establishing two values for an asset, including the following:
Carrying value
Recoverable amount
The former comes from the balance sheet. On the other hand, an asset's recoverable amount is the higher of the following amounts.
Fair value less cost to sell
Value in use
If the recoverable value is lower than the asset’s carrying value, companies must record an impairment loss. It will be the difference between the carrying value and the recoverable amount.
GAAP
Under GAAP, the same test does not apply. Instead, companies must determine the following two values for a fixed asset.
Carrying value
Sum of undiscounted expected cash flows
If the carrying value exceeds the latter, companies must record an impairment loss on the asset. This loss will equal the difference between the carrying value and the sum of undiscounted expected cash flows.
What are the indicators of Impairment?
Several factors indicate impairment loss on an asset. Once companies notice these factors, they must conduct an impairment test on that asset. These factors may occur due to external or internal reasons.
External factors
The external factors that may indicate an impairment loss on a fixed asset include the following.
A decline in the market value of an asset
Technological, economic, legal, or market factors that impact a company adversely
Changes in interest rates that result in discount rate fluctuations
Internal factors
Internal factors that may indicate an impairment loss on a fixed asset may include the following.
Evidence of damage or obsolescence of the fixed asset
Changes in the usage of the fixed asset
Evidence indicating the economic performance of an asset is worse than expected
Example
A company, Green Co., bought a vehicle for $10,000. This asset has a carrying value of $8,000 on the company's balance sheet. Recently, the vehicle had an accident resulting in its economic performance declining. Currently, Green Co. estimates the recoverable value of the asset to be $6,000. Green Co. uses the IFRS framework for accounting.
The impairment test conducted by Green Co. indicates an impairment loss on the vehicle. Since the recoverable value is lower than the carrying value, the company must record an impairment loss. This loss will be equal to $2,000 ($8,000 - $6,000).
Conclusion
Impairment refers to a decline in the value of a fixed asset. Several factors can indicate this decline occurring for assets, including external and internal factors. Once companies notice these factors, they must conduct an impairment test. This test may differ based on the accounting framework used by companies.
Post Source Here: Impairment Test
from Harbourfront Technologies - Feed https://harbourfronts.com/impairment-test/
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Idk what I want to do with the new genes yet so I’m just abusing the last day of dom for dragon capitalism
#and before you ask no I'm not one of the filthy unwashed barn animals selling the genes for like 400kt or more#My markup is 20kt above undiscounted mp#Flight rising
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4% off any undiscounted products 4% off any undiscounted products, end of Sept. 30.
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4% off any undiscounted products 4% off any undiscounted products, end of Sept. 30.
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