materiality assessment. Specifically‚ from late 2004 to mid 2006‚ over 250 firms were required to correct errors in their accounting for operating leases. The method chosen to correct the errors reflects the assessed materiality of the errors‚ as restatements are required to correct material errors while catch-up adjustments can be used to correct immaterial errors. We test the role of materiality considerations outlined in authoritative guidance
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(g) a theo (cm.s-2) % error 1 100 + h1 135 + h2 0.7054 36.7 147.511 78 303 126.14 17.05 2 110 + h1 145 + h2 0.6884 36.7 154.89 78 323 118.33 31 3 120 + h1 155 + h2 0.6216 36.7 189.97 78 343 111.43 70.48 Trial M1 (g) M2 (g) Time (s) cl (cm) a expt’l (cm.s-2) F net (dyne) M1 + M2 (g) a theo (cm.s-2) % error 1 100 + h1 135 + h2 0.7054 36.7 147.511 78 303 126.14 17.05 2 110 + h1 145 + h2 0.6884 36.7 154.89 78 323 118.33 31
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References: Abbott‚ L. J.‚ S. Parker‚ and G. F. Peters. 2004a. Audit committee characteristics and restatements. Auditing: A Journal of Practice & Theory 23 (1): 69-87. Abbott‚ L. J.‚ S. Parker‚ G. F. Peters‚ and D. V. Rama. 2004b. Audit‚ non-audit and information technology fees: Some empirical evidence. Working paper‚ University of Memphis. Agrawal
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E1329594 Landi Santos (303) 789-1234 LSantos@bigco.com O2334661 01/14/2013 E8544399 Joe Jenkins (303) 221-9875 JJenkins@bigco.com O1116324 01/23/2013 E9345771 Colin White (303) 221-4453 CWhite@bigco.com O7989497 01/16/2013 E9884325 Thomas Johnson (303) 556-9987 TJohnson@bigco.com O2233457 01/12/2013 E1329594 Landi Santos (303) 789-1234 LSantos@bigco.com O4714645 01/11/2013 E9884325 Thomas Johnson (303) 556-9987 TJohnson@bigco.com O5511365 01/22/2013 E8544399 Joe Jenkins (303) 221-9875 JJenkins@bigco
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SATYAM SCANDAL I. Analyze the case and respond to the following questions: (a) Discuss the earnings management techniques employed by the management of Satyam. In this case of Satyam‚ I can conclude that the obvious technique employed by the said management are: 1. “Big Bet on The Future”. When an acquisition occurs‚ the company acquiring the other is said to have made a big bet on the future. As refer to this case‚ Ramalingam Raju the Chairman of Satyam Computer Services Ltd
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1998-1999 activity‚solvency‚liquidity‚and profitability ratios. b) Briefly describe any anomalies or pecualiarities in Warnaco’s ratio and /financial data. c) Warnaco’s fiscal year 2000 annual report included the following revisions and restatements of previous years’ data: * The allowance for doubtful accounts was revised to $90‚$86‚and 94$ million for 1997-1999‚respectively ‚from the previously recorded amounts of ($46‚ $37‚and $33 million) * COGS and SGA for 1999 were increased
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Fair‚ Inc. o Strict Liability • Ch. 6: Strict Liability and Product Liability o Introduction to Strict Liability and Product Liability o Negligence and Misrepresentation o Strict Liability • Landmark Law: Restatement of Torts Definition of Strict Liability o Defective Product o Defect in Manufacture • Case 6.1 Defect in Manufacture Shoshone Coca-Cola
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heroic character traits‚ explain how these traits are developed in Bilbo through the situations he faces‚ and they also explain how these traits prove that Bilbo is a hero. These paragraphs begin with strong topic sentences that each include a restatement of the central idea and a particular thesis point. The third body paragraph should focus on one of Bilbo’s heroic character traits‚ explain how this trait is developed in Bilbo through his interactions with another character or characters‚ and is
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Persuasive Speech Graphic Organizer Fill in each box with the required information. By completing this organizer‚ you will have the majority of your speech finished and ready to present. Name: Introduction Hook/Lead-In Statement - Introduction of Topic: The Hook or Lead-in might (1) provide an anecdote or example that helps to illustrate your topic‚ (2) use an interesting detail‚ statistic or quote or (3) ask a provocative question. Regardless of your approach‚ you will need to lead
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Assignment Cover Sheet Faculty of Science‚ Engineering and Built Environment NAME: Sagar Agarwal STUDENT ID: 213188362 UNIT CODE: SIT717 ASSIGNMENT/PRAC No.: 2 ASSIGNMENT/PRAC NAME: Assignment 2 DUE DATE: 6th Oct‚ 2013 Plagiarism and collusion Plagiarism occurs when a student passes off as the student’s own work‚ or copies without acknowledgment as to its authorship‚ the work of any other person. Collusion occurs when a student obtains the agreement of another person for a fraudulent
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