Case 12-9 Rough Waters Ahead Smooth Sailing is a private company that operates one cruise ship. Smooth Sailing’s purchase of the cruise ship was financed with nonrecourse debt. (Nonrecourse debt is a loan that is secured by a pledge of collateral‚ in this case the cruise ship‚ but for which the borrower is not personally liable. If the borrower defaults‚ the lender can seize the collateral‚ but the lender’s recovery is limited to the collateral.) The cruise ship has its own identifiable cash flows
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A Miracle? – Nibco’s Successful ERP Implementation Table of Contents 1. Executive Summary 4 2. Statement of Issues 4 2.1 The Background 4 2.2 The Need for Integration – Key Drivers for the Solution Change 5 2.3 Organizational Risks during the ERP Implementation 6 2.3.1 On Budget 6 2.3.2 The functionality must work‚ there was no other alternative 6 2.3.3 The Implementation had to be on time 6 2.3.4 Business Process Change 7 2
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ERP‚ which is an abbreviation for Enterprise Resource Planning‚ is principally an integration of business management practices and modern technology. Information Technology (IT) integrates with the core business processes of a corporate house to streamline and accomplish specific business objectives. Consequently‚ ERP is an amalgamation of three most important components; Business Management Practices‚ Information Technology and Specific Business Objectives. In simpler words‚ an ERP is a massivesoftware
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importance of strategic analysis Application of various models for strategic/competitive analysis Establishing the need for ERP Systems in an organization Discussing the process for conducting need analysis For establishing the need for ERP systems‚ organizations Copyright © 2011 by the McGraw-Hill Companies‚ Inc. All rights reserved. Need analysis for ERP system is vital for success. Organizations that perform proper analysis and determine the need for such a complex and high
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Case Study Footsteps of giants This kids’ apparel-maker was in expansion mode‚ when it realized that its current IT systems would not be able to support its ambitious plans. What followed was a complete overhaul and an implementation of new ERP systems with able assistance from Tectura India. Nandini Chhatre reports |[pic] | |Naresh Kunwar‚ | |Lilliput | Lilliput Kidswear is a brand that enjoys strong recall in the minds of its audience-children-which is one
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+971.4.457.5800 Fax: +971.4.457.3164 Email: spedub@spe.org Moscow Office Office hours: 0900–1700 (GMT+4) Monday–Friday Perynovsky Per.‚ 3 Bld.2 Moscow‚ Russia‚ 127055 Tel: +7 495 937 42 09 Email: spemos@spe.org VOL. 9 // ISSUE 2 // 2013 What’s Ahead Perspective from TWA’s editor-in-chief‚ Todd Willis. TWA InterAct Responses to TWA content sent via social media. TWA Interview Dueling points of view from Ben Ayliffe‚ head
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Becca Stone Research in Financial Reporting 10-22-12 Case 12-9: Rough Waters Ahead 1. How should Smooth Sailings’ management perform the recoverability test for the cruise ship as of December 31‚ 2010? a. What assets and liabilities should be included in the “asset group” as defined by ASC 360-10 for purpose of performing the recoverability test? i. FASB ASC paragraph 360-10-35-23 states that for measuring an impairment loss‚ long-lived assets should be group with other
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Why did NIBCO decide to purchase an ERP system? Why did they decide to implement SAP R/3 without any customization? NIBCO decided to purchase an ERP system because they wanted to integrate all the operations of the organizations over a single platform. They hoped that this would eliminate the problems related to coordinating information and data from standalone systems. This way‚ the organization would function more efficiently. The issue with the current system was that it had become obsolete
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Executive Summary The automobile market is one of the most lucrative markets in the world. They have focused on international expansion since the late 1900s. This market has very successful international companies such as Mercedes-Benz‚ Lexis‚ Hyundai‚ Chrysler‚ Camry‚ Fiat‚ etc. All of these firms have held a position in the automobile industry. Even in economic hardships when demand for automobiles was decreased‚ the market did not faze them. Two firms prominent in this industry are Chrysler
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Freedom is Slavery. Ignorance is Strength” A Dark Future Ahead a Comparison and Contrast of 1984 and Fahrenheit 451 When discussing the topic of censorship by government in the future‚ one would most likely reference the two novels 1984 by George Orwell and Fahrenheit 451 by Ray Bradbury both portray a similar dystopian theme. Both of these novels center around the same idea of a grim future ahead of society and imply the same plot of the ability to control
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