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BA3 - Fundamentals of Financial Accounting
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Question: 74
The valuation of inventory in a manufacturing company will consist of:
A . Direct material and direct labor only
B . Direct material, direct labor and direct expenses only
C . All direct costs plus a share of production overheads
D . All direct costs plus a share of production and non-production overheads
Answer: C
Question: 75
Which one of the following book-keeping errors does not affect the view given by the financial accounts?
A . An error of omission
B . An error of commission
C . An error of principle
D . An error of original entry
Answer: B
Question: 76
IAS 2 Inventories does not permit the use of the last in. first out (LIFO) method of valuing inventory In a time of
rising prices, which of the following is a reason for this?
A . Purchases are overstated
B . Closing inventory is understated.
C . Cost of sales are understated
D . Gross profit is overstated
Answer: B
Question: 77
5 times
Answer: B
Question: 78
Refer to the Exhibit.
John, an employee of Kelt Ltd, earns gross wages for a week of Ł425.76.
Income tax is deducted at a rate of 25% on all earnings in excess of Ł85.00 per week and he is also liable to pay
National Insurance contributions of 9% of his total earnings. Employers national insurance contributions are at a rate
of 10.5%.
What are the correct ledger entries in the accounts of Kelt Ltd?
The answer is:
A . Option A
B . Option B
C . Option C
D . Option D
Answer: A
Question: 79
DEF prepares its financial statements to 30 September each year On 1 March 20X5 DEF acquires an office and
immediately rents it to a tenant charging $2,400 a quarter payable in advance.
The tenant pays $2,400 on each of the following days 1 March 20X5, 6 June 20X5, 4 September 20X5 and 1
December 20X5.
What is the liability reported in the statement of financial position relating to the rent at 30 September 20X5?
A . $7,200
B . $1,600
C . $4,000
D . $5,600
Answer: D
Question: 80
Which ONE of the following does the Statement of Cash Flows show:
A . The assets, equity and liabilities of a business
B . The revenue and expenses of a business over a period of time
C . The cash usage of a business over a period of time
D . Notes to go with the statements that explain the practices used
Answer: C
Question: 81
Company X is a private limited oil company.
Which of the following are relevant for Company X’s integrated report?
A . Risk of oil prices falling
B . Risk of share prices falling
C . Risk posed by competing oil companies and sustainable energy sources
D . Need for report to be concise
Answer: A,C,D
Question: 82
Which of the following transactions would be classified as a revenue transaction?
A . Purchase of plant and machinery
B . Issue of share capital
C . Payments made to trade payables
D . Purchase of inventory for resale
Answer: D
Question: 83
Refer to the Exhibit.
Which of the following items should be included in the valuation of inventory in a manufacturing company?
A . A, C and F
B . B, D and E
C . A, C, D and E
D . B, D, E and F
E . A, C, D, E and F
F . A, B, D, E and F
Answer: E
Question: 84
The Framework is described as a conceptual framework when used in the creation of new accounting standards.
Which ONE of the following describes the approach of the Framework?
A . Rules based
B . Principles based
C . Statutory
D . Regulatory
Answer: B
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CIMA Fundamentals study help - BingNews https://killexams.com/pass4sure/exam-detail/CIMAPRA17-BA3-1-ENG Search results CIMA Fundamentals study help - BingNews https://killexams.com/pass4sure/exam-detail/CIMAPRA17-BA3-1-ENG https://killexams.com/exam_list/CIMA CIMA hosts the Lifetime Achievement Awards 2023 on its 30th year No result found, try new keyword!This year it was awarded to the Late Sushen Ghosh, Alka Pande, and Ruby Palchoudhuri The Centre of International Modern Art (CIMA) hosted its Lifetime Achievement Awards 2023 at the Taj Bengal Kolkata ... Mon, 25 Dec 2023 10:04:00 -0600 en-us text/html https://www.msn.com/ 10 Fundamentals That Can Help New Managers Succeed

It's been said about 3 million times but it's still true:  There are new responsibilities and new ways of relating to people.  You get pressures from above (your own management) and below (your employees).  It can feel like a chaotic environment.  (Even though it was over a quarter century ago, I still well remember my own confusion today.)  My goal in this article is to create a simple, concise map to help navigate these choppy waters - a list of 10 fundamentals that can help new managers succeed.

What am I including in this list?  It's a mix.  A mixture of skills, behaviors and business functions - for lack of a better term I'm grouping them as "fundamentals."  Key areas to be cognizant of, and to focus on, as you first sail into management.

Management of course is a vast ocean of a subject and there are innumerable items that could reasonably be included on this list.  But from my experience I believe these 10 are a useful launching point:

Know your business - As fundamental as it gets.  It's "table stakes," as the saying goes, but still essential.  I've seen new managers who didn't have strong knowledge of the functions they were managing, and it was a surefire recipe for problems. Knowing your operation cold will enable you to focus your energies where they need to be: on managing others.

Take time to get to know your employees - Basic but surprisingly often overlooked.  If you want loyal, productive employees, you need rapport and trust.  If you want to be able to motivate your employees - to recognize what they respond to - you first have to understand them.

Communicate often and openly - A cliche but true.  I never knew a good manager who wasn't a good communicator.  You'll need to be available to provide guidance and candid feedback.  Managers who really don't like communicating with their employees in all likelihood will find they don't enjoy the process of managing... and probably aren't well-suited for it.

Make sure your employees' objectives are clear and (to the extent possible) measurable - Well-conceived employee objectives are a new manager's best friend.  I write about this often, but only because it's so important.  For new managers (and experienced managers too), they provide a factual map to guide performance and measure results.  They help take subjectivity and emotion out of performance management and turn it into a more rational undertaking. My own experience? Most managers don't spend nearly enough time on objective-setting.

Get comfortable with conflict - If you're in management for a while, you'll find you have plenty.  Best neither to avoid it nor steamroll it, but to learn to deal with it fairly and diplomatically.  Think of "resolving" more than "winning."  Effectively managing conflict is a critical skill for successful managers to have.

Emphasize accountability - Studies have shown that many managers - even senior managers - are weak at accountability.  Yet, in the end, holding employees accountable for results is the bricks and mortar of management.  If you're not holding employees sufficiently accountable, chances are they won't be producing the results you need.

Maintain credibility - Simply put, credibility is an invaluable management asset.  When I was in the business world, it always surprised me how frequently some in management would shade facts when it suited their needs - and think that the rank-and-file wouldn't get it.  Truth is, they almost invariably do get it.  It's just common sense: Employees will work hardest for those they believe.

Begin to think about developing your employees - It's never too early.  Just as you appreciate others taking a genuine interest in advancing your own career, others will appreciate it when you do the same for them.  It can be an attitude difference maker.  Employee development is a critical management function that's frequently ignored but greatly valued when it isn't.

Get help when you need it - There's no shame for a new manager in reaching out when you need management counsel.  To the contrary, it makes complete business sense. One of the benefits of working for an organization is that help is never far away.  Throughout my career, but especially in the early years, in delicate situations I never hesitated to call HR, or my own management, or mentors, or trusted friends and colleagues.  I never once regretted it.  Added perspective when right answers aren't obvious is always valuable.

Lead by example - Last but definitely not least, one of the surest ways to lose your employees' loyalty is to not play by the same rules you ask others to.  It alienates people.  Quickly.  "Walking the talk" and getting back in the trenches when needed... setting an example that's easy to respect... is an excellent way to become the kind of manager others willingly follow.

Again, this is by no means an exhaustive list, but a high-level look at high points.

Other thoughts from readers on key fundamentals to add?

Management questions and comments are always welcome...

*     *     *

Mon, 21 Sep 2015 14:04:00 -0500 Victor Lipman en text/html https://www.forbes.com/sites/victorlipman/2015/09/21/10-fundamentals-that-can-help-new-managers-succeed/
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New study finds intermittent fasting could help weight loss, hypertension and mood New study finds intermittent fasting could help weight loss, hypertension and mood - CBS News

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A new study published in the JAMA Internal Medicine found eating only between the hours of 7 a.m. and 3 p.m. could help people lose weight and treat hypertension. Good Housekeeping's deputy nutrition director and registered dietician Stefani Sassos joins "CBS Mornings" to discuss the study's findings and limitations.

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Wed, 06 Jul 2022 09:10:00 -0500 en-US text/html https://www.cbsnews.com/video/new-study-finds-intermittent-fasting-could-help-weight-loss-hypertension-and-mood/ How Crying Can Help You, Here Is What A Study Says
Getty

They say that there's no sense in crying over spilled milk. But what do they know? Crying can get you another glass of milk if you do it loud enough. Plus, crying may serve a real physiologic purpose, according to a study published recently in Emotion, meaning the journal and not in an Emo-kind of way.

For the study, three researchers from the University of Queensland (Leah S. Sharman, Genevieve A. Dingle, and Eric J. Vanman) and one from Tilberg University (Ad J. J. M. Vingerhoets) recruited 197 female undergraduate students. They said that they choose all women rather than including men because pilot testing of sad videos had revealed that more women than men cried or at least more women revealed that they were crying. This did not account for the men who cried inside or used some bro-language or high fives to hide the crying.

The research team then showed each of the study participants either a video that are supposed to make them feel sad (sad videos) or a video that was not supposed to elicit any emotion (neutral videos) like something from a documentary or a ted talk. Each video lasted for close to 18 minutes. After the video, the researchers noted whether or not each participant had cried while watching the video. Ultimately, 65 participants watched the neutral video, 71 watched the sad video and cried during it, and 61 watched the sad video and did not cry. Presumably, no one cried during the neutral video. But then again, actor Bryce Dallas Howard was able to cry when Conan O'Brien talked about Home Depot in this Conan clip:

Then, each participant underwent a Cold Pressor Stress Test (CPT), which involved placing the participant's left hand, up to the wrist, in cold 0° to 5°C water. Unless you are the Iceman or Killer Frost, this is supposed to be painful. The research team measured how long each participant could stay in this position until pulling her hand out of the water. During the study, the research team continuously measured each participant's heart rate and respiratory rate and periodically measured cortisol levels from saliva samples. Cortisol is a stress-hormone that's produced by the body.

Also, at four points during the study, participants answered questions from the Positive and Negative Affect Scale short form (PANAS). These questions asked the degree to which the participant was experiencing ten different emotions and to rank each on a five-point scale that ranged from a one (very slightly or not at all) to a five (extremely).

When it came to cortisol levels and how long the participants could keep their hands submerged in the cold water, the study ended up finding not much difference between the neutral video watchers, the sad video non-criers, and the sad video criers. So if you are about to dunk yourself in cold water or take a cold shower, it may not help to cry first.

But here's a difference that the study found. Are you ready? Take a deep breath. The difference was breathing rates. While watching the videos, the non-criers tended to have elevations in their breathing rates, whereas, by contrast, the criers tended to maintain their initial breathing rates. In other words, tearing up could have helped participants better control their breathing rates. This provides further evidence that crying may help you better regulate arousal, serving as an emotional release.

Another interesting finding was that right before crying, participants tended to experience decreases in their heart rates, seemingly in anticipation of the crying. Once the crying began, their heart rates then tended to creep back up but not above where their heart rates had been before everything began. This may be further evidence that crying has a beneficial regulatory effect on your physiology.

So perhaps next time you start crying you can tell people that you are regulating your physiology. You've probably heard of people saying that they had a good cry and feel better after they've let the tears flow. It can be important to find reasonable ways to periodically release your emotions. Otherwise, you may end up bottling everything up like a hot air balloon that can explode when you least expect it.

Moreover, crying can be a way of communicating. It's really the only way that babies can express their needs before they learn how to say things like "why you throwing shade on me," or "I'm not Gucci." Crying can help communicate to others that you need more sympathy, comfort, or help. Of course, this can be misused. You don't want to cry every time your order at a restaurant doesn't come out right. And of course, there is the whole concept of crocodile tears: people crying to get something when they don't really mean it.

Crying can also be a way of communicating with yourself. Even when you cry alone, you may be telling yourself about your own state because, like many people, you could be terrible at practicing your own emotions and situation. Tears could be your body's way of saying, "hey, take a break," or "something's not right," or "take care of yourself." Tearing up can then be a way of your body literally crying out to you.

Your body is a complex system. Crying can be complex. Your tears can flow when you are very sad, very angry, or even very happy. Better understanding what causes us to cry and what happens as a result could help us better handle their emotions and stress.

Sun, 21 Jul 2019 07:48:00 -0500 Bruce Y. Lee en text/html https://www.forbes.com/sites/brucelee/2019/07/21/how-crying-can-help-you-here-is-what-a-study-says/
Ozempic could help curb alcohol abuse, study reveals

The latest weight loss craze could also help people control their drinking.

Semaglutide treatments such as Ozempic and Wegovy have been shown to reduce the symptoms of alcohol use disorder (AUD), according to a study published in The Journal of Clinical Psychiatry on Nov. 27.

The collaborative study from The University of Oklahoma (OU) and Oklahoma State University (OSU) found a “significant and noteworthy decrease” in the Alcohol Use Disorders Identification Test (AUDIT) scores of six patients who were receiving semaglutide treatment for weight loss.

Lead study author Dr. Jesse Richards, director of obesity medicine and assistant professor of medicine at the OU-TU School of Community Medicine, said the study was inspired by his conversation with Dr. Kyle Simmons, professor of pharmacology and physiology at the OSU Center for Health Sciences.

“I had been hearing from a significant number of patients that their alcohol intake was spontaneously decreasing while [they were] on the medication,” Richards told Fox News Digital.

As a bariatric surgery clinic employee, Richards noted that it’s standard to screen patients for alcohol use.

Studies found that there was a decrease in Alcohol Use Disorders Identification Test (AUDIT) scores for six patients receiving weight-loss treatments. AP

At the clinic, a number of patients tested positive for alcohol consumption, sometimes in concerning amounts.

Later, while on semaglutide medication, they reported reduced alcohol intake.

One of Richards’ patients — who previously drank large amounts of alcohol — shared a new inability to drink more than two cans of beer now because it “just doesn’t sound good.”

After semaglutide medication, a patient who formerly drank beer regularly began to think that alcohol just didn’t “sound good.” Getty Images

This response piqued Richards’ interest in learning more about patients’ aversion to alcohol, which directly correlated to his research.

Research has shown that this effect is “mediated through adjustments in the reward pathway in the brain,” he said.

“The GLP-1s are actually modifying dopamine, decreasing the craving and decreasing the motivation to acquire things in that compulsive intake category.”

The most surprising takeaway from the study, Richards said, was that the same significant treatment response was seen even at very low doses.

“We found that even patients on the lowest dose of semaglutide — a quarter milligram — had a quite significant and relatively … quick onset reduction in alcohol intake,” he said.

Of the six patients studied, all but one were on low doses — from a quarter to a half milligram.

“And that’s very encouraging because they know that the lower doses of these medications are tolerated much better,” said Richards.

While the results seem promising, the doctor said he does not recommend that patients use semaglutide treatments for alcohol use disorder at this time, due to supply and safety issues.

“If patients have [obesity and diabetes] indications for the medication and they also struggle with alcohol intake … having them on this treatment may potentially be beneficial,” Richards said.

Due to medication shortages and a lack of long-term data, it may not be advisable to take Ozempic to target alcoholism specifically. NurPhoto via Getty Images

“But because there has been a global medication shortage, and because they don’t have prospective trials and don’t know what the specific safety is versus the well-established safety data in obesity and diabetes, [I] would not recommend it just for patients who have AUD.”

There are three FDA-approved drugs available for alcoholic use disorder that are currently underused, the doctor noted.

Given that five million people in the U.S. are currently taking semaglutide medications, if it is proven that those drugs have a significant effect on alcohol use disorder, “by default, they are going to become the most widely used drug to Boost these symptoms — just by virtue of the fact that so many people are on them for diabetes or obesity,” Richards noted.

Trials are underway to gather more information on the weight-loss medication and its effect on alcohol intake. UCG/Universal Images Group via G

He confirmed that additional research is underway with two ongoing trials.

“Since they were able to show clinically meaningful reductions in alcohol intake and AUD symptomatology in a real-world setting, that bodes very well for these types of medications,” he said.

Looking ahead, Richard said there is a need for higher-quality evidence of the medication’s impact on AUD compared to placebo drugs or environmental factors.

People struggling with alcohol use should speak with their healthcare provider. Getty Images

Even though it’s unclear whether GLP-1 producers will market the medication to AUD patients in the future, Richards said this could become an “established medical practice once the safety and efficacy has been determined.”

For patients who struggle with AUD, Richards recommended they talk to their health care providers about available treatment.

He also alerted patients that if they experience a reduced appetite and usually consume “a bunch of calories” in alcohol, it may be necessary to look into a more balanced diet.

Avantika Waring, 9amHealth’s chief medical officer and a trained physician and endocrinologist in San Francisco, applauded the OU and OSU study findings for further supporting what clinicians “are already seeing in practice,” she told Fox News Digital.

“GLP-1 medications have a lot of effects that they are still learning about, and the ability to decrease cravings and the reward signals related to alcohol use are just some of the benefits,” she said.

“It’s an important starting point for further clinical trials,” she added.

Waring also warned that GLP-1 medications should not be used to treat AUD specifically, as they can cause side effects such as nausea and changes in appetite.

“People struggling with alcohol use disorder should consult with their physicians before starting GLP-1 medications to make sure that they can stay hydrated and safe on therapy,” she said.

Waring noted that if ongoing clinical trials find semaglutide treatments to be effective for AUD, the medical community will “have another tool to help people living with alcohol addiction and we’ll see expanded use of these already popular drugs.”

Fox News Digital reached out to Novo Nordisk for comment on the potential link between semaglutide medications and alcohol use disorder.

Sun, 10 Dec 2023 02:53:00 -0600 en-US text/html https://nypost.com/2023/12/10/lifestyle/ozempic-could-help-curb-alcohol-abuse-study-reveals/
Pets can help slow dementia progress among those over age 50 who live alone, study says

A new study suggests getting that cute dog in one's more mature years might be a good idea after all. 

Researchers from the Sun Yat-sen University in Guangzhou, China, found that pet ownership can be associated with slower rates of developing dementia. 

The study, published on Tuesday in JAMA Network Open, determined that owning a pet made a difference in verbal memory and fluency among adults who lived alone.

NEW STUDY SHOWS THE EFFECT OWNING PETS HAS ON OWNERS' BRAINS

The study's author, professor Ciyong Lu, said in the study that slower rates of declining verbal memory and fluency were seen in those who lived alone — but not in those who lived with others.

"Pet ownership offset the associations between living alone and declining rates [of] verbal memory and verbal fluency," he said. 

Researchers found that owning a pet helps those with dementia.  (iStock)

The research involved more than 7,900 participants over the age of 50, with roughly 35% of them owning pets and 27% of them living alone.

In the study, Lu said that those living alone with a pet showed slower rates of developing signs of dementia.

DOG OWNER GOOD NEWS: PETTING YOUR DOG MAY LEAD TO STRONGER MEMORY AND BETTER PROBLEM SOLVING SKILLS

"These findings suggest that pet ownership may be associated with slower cognitive decline among older adults living alone," he said.

"Contrary to living alone," the authors also wrote, "pet ownership (for example, raising dogs and cats) is related to reduced loneliness, an important risk factor for dementia and cognitive decline."

A new study found that owning a pet could be beneficial for people with signs of dementia who live alone.  (iStock)

Lu said that clinical trials will be necessary in order to confirm the study's findings.

Currently, more than 55 million people worldwide have dementia — with nearly 10 million new cases each year, according to the World Health Organization (WHO). 

EATING ONE POPULAR FRUIT COULD HELP REDUCE YOUR CHANCES OF DEVELOPING DEMENTIA, STUDY FINDS

Alzheimer's disease is the most common form of dementia, which is currently the 7th leading cause of death, the WHO also notes. 

Early symptoms of dementia include forgetfulness, being confused, losing track of time, misjudging distances, feeling anxious, experiencing personality changes, engaging in inappropriate behavior and more. (iStock)

Early symptoms of dementia include forgetfulness, being confused, losing track of time, misjudging distances, feeling anxious, personality changes, inappropriate behavior and more.

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There is currently no cure for dementia or for someone developing signs of dementia, but the WHO suggests that staying active and continuing to stimulate the brain may help.

CLICK HERE TO SIGN UP FOR THEIR LIFESTYLE NEWSLETTER

Fox News Digital reached out to Lu for further comment. 

For more Lifestyle articles, visit www.foxnews.com/lifestyle.

Tue, 26 Dec 2023 03:55:00 -0600 Fox News en text/html https://www.foxnews.com/lifestyle/pets-can-help-slow-dementia-progress-those-age-50-live-alone-study
Ozempic and Wegovy weight loss drugs could help reduce alcohol use disorder symptoms, study suggests

The latest weight loss craze could also help people control their drinking.

Semaglutide treatments such as Ozempic and Wegovy have been shown to reduce the symptoms of alcohol use disorder (AUD), according to a study published in The Journal of Clinical Psychiatry on Nov. 27.

The collaborative study from The University of Oklahoma (OU) and Oklahoma State University (OSU) found a "significant and noteworthy decrease" in the Alcohol Use Disorders Identification Test (AUDIT) scores of six patients who were receiving semaglutide treatment for weight loss.

OZEMPIC DIABETES AND WEIGHT LOSS MEDICATION UNDER INVESTIGATION AFTER A FEW REPORTS OF SUICIDAL THOUGHTS

Lead study author Dr. Jesse Richards, director of obesity medicine and assistant professor of medicine at the OU-TU School of Community Medicine, said the study was inspired by his conversation with Dr. Kyle Simmons, professor of pharmacology and physiology at the OSU Center for Health Sciences.

"I had been hearing from a significant number of patients that their alcohol intake was spontaneously decreasing while [they were] on the medication," Richards told Fox News Digital.

Semaglutide treatments such as Ozempic and Wegovy have been shown to reduce symptoms of alcohol use disorder, according to a new study published in The Journal of Clinical Psychiatry. (iStock; SEBASTIEN BOZON/AFP via Getty Images)

As a bariatric surgery clinic employee, Richards noted that it’s standard to screen patients for alcohol use.

OZEMPIC-WEGOVY PILL MAY BE ON THE WAY: TRIAL SHOWS PROMISING RESULTS FOR NEW WEIGHT LOSS TABLET

At the clinic, a number of patients tested positive for alcohol consumption, sometimes in concerning amounts.

Later, while on semaglutide medication, they reported reduced alcohol intake.

Dr. Jesse Richards is director of obesity medicine at OU Health at the Hardesty Center for Clinical Research and Neuroscience in Tulsa, Oklahoma. "I had been hearing from a significant number of patients that their alcohol intake was spontaneously decreasing while on the medication," he told Fox News Digital.  (OSU Center for Health Sciences)

One of Richards’ patients — who previously drank large amounts of alcohol — shared a new inability to drink more than two cans of beer now because it "just doesn’t sound good."

This response piqued Richards' interest in learning more about patients' aversion to alcohol, which directly correlated to his research.

 Only about 2% of people with alcohol use disorder are on an approved treatment.

Research has shown that this effect is "mediated through adjustments in the reward pathway in the brain," he said.

"The GLP-1s are actually modifying dopamine, decreasing the craving and decreasing the motivation to acquire things in that compulsive intake category."

"Reducing liquid sugar and liquid caloric intake is strongly associated with effective weight loss," an expert told Fox News Digital. (iStock)

The most surprising takeaway from the study, Richards said, was that the same significant treatment response was seen even at very low doses.

"We found that even patients on the lowest dose of semaglutide — a quarter milligram — had a quite significant and relatively … quick onset reduction in alcohol intake," he said.

Of the six patients studied, all but one were on low doses — from a quarter to a half milligram.

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"And that's very encouraging because they know that the lower doses of these medications are tolerated much better," said Richards.

While the results seem promising, the doctor said he does not recommend that patients use semaglutide treatments for alcohol use disorder at this time, due to supply and safety issues.

Wegovy is an injectable prescription weight loss medicine that has helped people address obesity. (Michael Siluk/UCG/Universal Images Group via Getty Images)

"If patients have [obesity and diabetes] indications for the medication and they also struggle with alcohol intake … having them on this treatment may potentially be beneficial," Richards said.

"But because there has been a global medication shortage, and because they don't have prospective trials and don't know what the specific safety is versus the well-established safety data in obesity and diabetes, [I] would not recommend it just for patients who have AUD."

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There are three FDA-approved drugs available for alcoholic use disorder that are currently underused, the doctor noted.

"Unfortunately, at this point, only about 2% of people with AUD are on an approved treatment," he said.

GLP-1 treatments do not have a warning against consuming alcohol while taking the drugs, an expert pointed out. (iStock)

Given that five million people in the U.S. are currently taking semaglutide medications, if it is proven that those drugs have a significant effect on alcohol use disorder, "by default, they are going to become the most widely used drug to Boost these symptoms — just by virtue of the fact that so many people are on them for diabetes or obesity," Richards noted.

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He confirmed that additional research is underway with two ongoing trials.

"Since they were able to show clinically meaningful reductions in alcohol intake and AUD symptomatology in a real-world setting, that bodes very well for these types of medications," he said.

Looking ahead, Richard said there is a need for higher-quality evidence of the medication's impact on AUD compared to placebo drugs or environmental factors.

Health care providers wrote more than nine million prescriptions for Ozempic and similar drugs in the last quarter of 2022, data shows. (SEBASTIEN BOZON/AFP via Getty Images)

Even though it’s unclear whether GLP-1 producers will market the medication to AUD patients in the future, Richards said this could become an "established medical practice once the safety and efficacy has been determined."

For patients who struggle with AUD, Richards recommended they talk to their health care providers about available treatment.

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He also alerted patients that if they experience a reduced appetite and usually consume "a bunch of calories" in alcohol, it may be necessary to look into a more balanced diet.

Avantika Waring, 9amHealth's chief medical officer and a trained physician and endocrinologist in San Francisco, applauded the OU and OSU study findings for further supporting what clinicians "are already seeing in practice," she told Fox News Digital.

"People struggling with alcohol use disorder should consult with their physicians before starting GLP-1 medications."

"GLP-1 medications have a lot of effects that they are still learning about, and the ability to decrease cravings and the reward signals related to alcohol use are just some of the benefits," she said.

"It’s an important starting point for further clinical trials," she added.

Waring also warned that GLP-1 medications should not be used to treat AUD specifically, as they can cause side effects such as nausea and changes in appetite.

Patients' aversion to alcohol is part of balancing the "side effects with the benefit" of the medication, said the lead study author. (iStock)

"People struggling with alcohol use disorder should consult with their physicians before starting GLP-1 medications to make sure that they can stay hydrated and safe on therapy," she said.

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Waring noted that if ongoing clinical trials find semaglutide treatments to be effective for AUD, the medical community will "have another tool to help people living with alcohol addiction and we’ll see expanded use of these already popular drugs."

Fox News Digital reached out to Novo Nordisk for comment on the potential link between semaglutide medications and alcohol use disorder.

For more Health articles, visit www.foxnews.com/health.

Sat, 09 Dec 2023 20:30:00 -0600 Fox News en text/html https://www.foxnews.com/health/ozempic-wegovy-weight-loss-drugs-reduce-alcohol-use-disorder-symptoms-study
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