when the market for that financial asset is not active. This FSP is effective upon issuance‚ including prior periods for which financial statements had not yet been issued. This FSP is included within ASC 820-10. • FASB Staff Position FAS 157-4: Determining Fair Value When the Volume and Level of Activity for the Asset or Liability Have Significantly Decreased and Identifying Transactions That Are Not Orderly was issued in April 2009 to provide additional guidance for estimating fair
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Case 11-4 SUBJECT: Determining the Functional Currency of Sparkle Company Sparkle Company is a Nigerian diamond mining company. Sparkle is a joint venture‚ 50 percent owned by Shine and 50 percent owned by Brighten. Both Shine and Brighten are U.S.-based companies with their functional currency being the American dollar. Sparkle Companies functional currency is that of Nigeria‚ being the Naira. During 2009‚ Sparkle had several transactions with its joint venture owners and outside parties. The
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Runway offers existing customers (the “Existing Customer”) a $25 credit (the “$25 Referral Credit”) if the Existing Customer refers a friend (the “New Customer”) to Runway’s Web site and the New Customer purchases merchandise from Runway. After a purchase is made by the New Customer‚ the Existing Customer receives a $25 credit to be applied to a future purchase from Runway. The $25 Referral Credit represents the fair value of the cost Runway would pay to acquire a new customer from an unrelated
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Zhifeng Liu 0892996 Colloquium 7 – Summary of Deloitte Deloitte is one the Big 4 public accounting firms. It has over 190‚000 employees worldwide‚ and there are 100 offices in the United States. In the colloquium‚ we met Jorge Caballero who is one of the Deloitte Tax LLP partner. Jorge was born in Cuba and immigrated to Connecticut‚ U.S. when he was 10. His father passed away one month after they arrive in U.S. Jorge started working when he was 12 to do gardening and other chores for only
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Telecommunications Predictions 2013 Contents Foreword3 Technology5 The PC is not dead: it’s about usage not units6 Bring your own computer: a tale of two interpretations9 P@$$1234: the end of strong password‑only security11 Enterprise Social Networks: another tool‚ but not yet a panacea14 Let’s get together: crowdfunding portals bring in the bucks16 The button stays beautiful19 Media23 4K kicks off24 Dual video screening readies
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following updates to the existing cases should be noted. Case 03-5a Part I: Trademark Subsequent to the release of the Exposure Draft issued by the FASB and IASB in June 2010 the Boards received a number of comments and is currently reviewing and analyzing these comments. A revised draft of the Exposure Draft is expected in Q3 of 2011. We encourage users of this case study to follow this project and review the FASB’s and IASB’s Web site for updates. Case 04-9: Healthcare Depot On April 22
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Introduction to Deloitte Touché Tohmatsu Limited Deloitte Touche Tohmatsu Limited is a worldwide company that provides professional services in the area of auditing‚ taxation‚ consulting‚ risk analysis and financial advisory.It serves as a global firm in which there are many separate member firms over many countries and cities.Each member firm remains its separate and independent legal entity. Mission Deloitte aims at helping its clients to excel.In order to achieve the mission‚ Deloitte is going
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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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Deloitte Structure Answers : Analysis of organizational structure of Deloitte US-India Pvt. Ltd a) Overcoming design challenges: 1. Differentiation: Differentiation provides the opportunity to specialize in a complex organization. It establishes task and authority relationship that allows the organization to achieve its goal. It is a process of allocating roles and responsibilities on the basis of skill sets and available resources. 2. Balancing differentiation and integration: Senior Manager
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Mike Cook‚ CEO of Deloitte & Touche identified the problem his firm was having immediately. He recognized that women employees had an alarming high turnover. Deloitte & Touche had a rich history of success and a very rigid structure. There are many other factors that led to this turnover and I will touch on each one in the following paragraphs. You may have noticed that I said‚ Deloitte & Touche has a rich history of success‚ but that was one of their factors that led to this turnover. This
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