The Geography of Russia and Neighboring Countries Essay

The Geography of Russia and Neighboring Countries - Essay Example However, the Russian-speaking group forms more than half of the population followed by Ukrainians, then Uzbeks. There are also other smaller ethnic tribes within the country including Tatar, Bashkir and Chuvash. The country has a population of 142, 470, 272 people with a growth rate of 0.03%. Estimates place the birth rate at 11.8 per 1000 with an infant mortality rate of 7.08 per 1000 infants. The federation has a life expectancy of 70.16 years and 21.5 population densities per square kilometer. According to 2010 estimates, Russia has a 99.70% literacy level. The statistics are almost similar to those of the neighboring countries, especially the Scandinavian countries in east Europe or west of Russia. The federation of Russia recovered from a whole decade of post-Soviet political and economic turmoil to reposition as a world power. The Soviet Union comprised of several countries, precisely fifteen, which included the Russia republic and Scandinavian countries. The religious people of Russia and its neighboring countries can be categorized into Russian orthodox, Christians and Muslims (Kort 30). Russia and neighboring countries are lavishly endowed with natural resources. The federation produces 20% of world’s natural gas. Oil is also available and a valuable commodity in the country. It is self-sufficient in all key industrial raw materials (Blinnikov 60). It also has reserves of less vital, but nevertheless valuable, natural resources, including gold and diamonds. Russia and the neighboring countries are generously furnished with agricultural productive environment. Blinnikov (70) indicates that the neighboring Scandinavian countries provide more than 10% of worlds forest cover. The country encloses all of the vegetation zones in the world except tropical rain forest. The coldest weather is found in the east and north of the country. Extreme weather is nastiest from April

Financial Accounting Reports Essay Example | Topics and Well Written Essays - 2000 words

Financial Accounting Reports - Essay Example The Financial Accounting Standards Board says financial reporting to be financial statements as well as other ways to communicate financial information related to the enterprise to the outside users. Financial reporting, compared to the financial accounting, is quite broader concept that encompasses the financial statements, the notes that are given below those statements and the disclosures. Financial statements are useful in providing important information to make decisions about the credit decisions and investments and also to assess the cash flow prospects. Information about the resources of the enterprise, its claim to these resources obtained and the changes that these resources undergo is also provided by the financial statements. Information provided by financial reporting is used by management and others who make economic decisions. Financial reporting primarily focuses on information about the earnings and the components it has. (International Financial Reporting Standards, 2013) Investors: these people make investments in the entity. They are interested about the security of their investments and potential profits in the entity. People interested in making investment in an entity make use of the financial statements, especially the income statement, with the help of which they can estimate the future incomes and performance of the entity they are interested to invest in. The solvency of the company and the financial strength will reveal whether their investments will be secured or not. Investors like unit trusts and pension funds are the most sophisticated and the largest group of investors. Lenders: they need the information about the entity’s financial strength and performance to know whether the entity will be able to pay them in future. This depends on how are the solvency conditions of the entity. They are shown by the balance sheet/statement of financial position. The entities may