Functional Currency Determination Case 10/10/2011 ABSTRACT In the dynamic global market‚ companies of all sizes‚ whether small‚ medium or transnationals interact with foreign companies and in most cases operate with currencies that are different from those that they commonly use. Foreign companies use foreign currencies for their expenditures‚ hedging strategies‚ and investing and financing activities. As a result these business activities must be reflected on the financial statements in the
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Deloitte & Diversity Summary of Deloitte: Deloitte is one of Canada’s leading professional services firms. They provides audit‚ tax‚ consulting‚ and financial advisory services. Deloitte values diversity and takes concrete steps towards inclusion of women‚ visible minorities‚ recent immigrants‚ aboriginals‚ etc. Each year‚ they publish an annual diversity report. Deloitte was selected as a “Best Diversity Employer” in 2012 by the Mediacorps editors among the 2012 Canada’s Top 100 employers project
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How did the problems at Deloitte & Touché occur in the first place? The problems Deloitte & Touché experienced were because of neglect‚ they neglected to keep their companies policies and procedures up-to-date with their changing employee status. They did not create a sense of urgency for these women‚ so the women acted as if they had no obtainable goals in their future with this company. The company’s employees had visions and ideas but the company gave no place for their employees to progress
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COMPANY PROFILE Deloitte Touche Tohmatsu Limited REFERENCE CODE: A84E8BAB-3212-405C-A8E5-382E054C11B9 PUBLICATION DATE: 26 Aug 2014 www.marketline.com COPYRIGHT MARKETLINE. THIS CONTENT IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED OR DISTRIBUTED. Deloitte Touche Tohmatsu Limited TABLE OF CONTENTS TABLE OF CONTENTS Company Overview..............................................................................................3 Key Facts....................................................
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Definition of Problem: The problem faced by Deloitte & Touche is how to best manage the merger with Andersen in order to move beyond being two merged organizations into a unified‚ market-leading organization. Deloitte must minimize the negative effects the change will have on the productivity of the organization and they must have a focus on minimizing the effects on current clients. It is important for Deloitte to create one corporate culture and focus on creating a cohesive team out of a currently
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Case 09-8 Classified Information Lads and Lassies (L&L)‚ an SEC registrant‚ has its year end on the Saturday closest to January 31. Fiscal 2012‚ 2011‚ and 2010‚ which include 52 weeks each‚ ended on January 28‚ 2012‚ January 29‚ 2011‚ and January 30‚ 2010‚ respectively. L&L manufactures and sells exclusive children’s clothing to the most discerning clientele. Its products offer high quality and modern style‚ including everything from a colorful collection of cashmere sweaters to perfect vintage
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Introduction SKS Manufacturing has recently hired Deloitte & Touche as they are in a critical cash position with various internal inefficiencies in their procurement and production processes. Deloitte & Touche and SKS Manufacturing will need to work together in order to solve the issues present at SKS Manufacturing so they can be successful within the automotive parts industry. Issues & Analysis There are three key issues that are present at SKS Manufacturing that need to be systematically tackled
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Date: 19 September 2013 To: CFO Subject: Halibut Contract Mr. CFO: Accounting Method for Halibut Contract It has recently come to the attention of our audit team that a change in accounting methods has been proposed to LabCo’s contract with Halibut. The current accounting method is percentage-of-completion‚ while the plan proposed is a switch to the completed contract method. During our investigation into this matter‚ we analyzed the codification and validation for the percentage-of-completion
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Case 09-2 Issue: Decide how to account for the funding of the R&D and royalty payments. Identify the authoritative literature applicable to this funding arrangement and discuss the appropriate accounting for the agreement in accordance with that guidance. Facts: Pharmagen is a pharmaceutical company Company XYZ is an unrelated third-party private equity investor with no prior relationship or business operations related to Pharmagen Pharmagen and Company XYZ have entered into a funding agreement
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Finding and Developing Employee Talent at Deloitte – A Case Study 1. Using the descriptions of different behaviors‚ attitudes‚ and abilities that Deloitte seems to deem desirable in its applicants‚ describe the key personality characteristics that you think the company is seeking in its employees? Explain the reasoning behind your answer. It appears that Deloitte is seeking applicants with an internal locus of control; those persons who look inward for motivation and believe that they
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