Number 1426 12 November 2012 Client Alert Latham & Watkins Litigation Department Jurisdiction of the Hong Kong Courts re Winding Up and Unfair Prejudice Petitions — Are Offshore Companies Safe? Hong Kong law contains a number of provisions designed to protect the interests of minority shareholders‚ including the “unfair prejudice” remedies under section 168A of the Companies Ordinance (the Ordinance) and the Ordinance’s “just and equitable” winding-up provisions. These protections
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Financial Reporting Problem Financial Reporting Problem In every company there are challenging that must be overcome to maintain a healthy business. It is important for a corporation like Wal-Mart to be aware of their competition. The ability to study and learn from other business in the same market can drastically influence the success of an organization. It is equally important to ensure that a corporation is aware of their own strengths and weaknesses. A corporation as large as Wal-Mart
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Advisory Demystifying supply chain finance* Insights into the what‚ why‚ how‚ where and who Table of contents The heart of the matter The emerging Supply Chain Finance (SCF) tool set. An in-depth discussion 2 SCF—what it is‚ why it’s important‚ and how it works. What this means for your business 4 Reaping the end-to-end benefits available through effectively managed SCF solutions. 10 March 2009 The heart of the matter The emerging Supply Chain Finance (SCF)
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Case 1.1 Ocean Manufacturing‚ Inc.: The New Client Acceptance Decision Ocean Manufacturing‚ Inc. is recommended as a prospective audit client of Barnes and Fischer‚ LLP. I believe that Barnes and Fischer should accept the client because of Barnes and Fisher’s opportunities in consulting and information technology (IT) development‚ Ocean Manufacturing‚ Inc.’s sound management/business model and past successful audits‚ and primarily‚ the growth potential of Ocean Manufacturing‚ Inc. following
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screened from participating in the matter. (Spur Products Corp. v. Stoel Rives LLP‚ Idaho‚ No. 3043‚ 9/30/05). Yet Judge D. Duff McKee wrote‚ “There is no general duty of confidentiality to keep information from being exchanged among lawyers in the same firm‚ nor any general duty that require one to seek the client’s permission before exchanging information with others from the same law firm. (Spur Products Corp. v. Stoel Rives LLP‚ Idaho‚ No. 3043‚ 9/30/05). There’s also the issue of lawyers signing off
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2014-4 2014-5 2014-7 2014-8 2014-9 2014-10 2014-12 Subject matter Date issued Limited liability partnerships Deferred annuity Ownership and use of asset for CA purposes Unit trust funds Part II – Taxation of unit trusts Basis period of a company‚ LLP‚ trust body and cooperative society Private retirement schemes Special allowances for small value assets Qualifying plant expenditure for claiming capital allowance 9.5.2014 24.6.2014 27.6.2014 4.11.2014 1.12.2014 24.12.2014 31.12.2014 31.12.2014
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UNIVERSITY OF TECHNOLOGY‚ SYDNEY FACULTY OF BUSINESS CONVERGED STANDARD ON REVENUE RECOGNITION IFRS 15-REVENUE FROM CONTRACTS WITH CUSTOMERS By LE‚ DOAN YEN NHI 11809946 Word count: 1000 (excluding executive summary and reference) Due date: 18th May 2015‚ 5 pm Executive summary On May 2014‚ the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) had jointly issue the converged standard‚ IFRS 15‚ on the Recognition of Revenue from Contracts
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Abercrombie & Fitch Case Study Abercrombie & Fitch is one of the leading clothing companies in the world. They manufacture and sell apparel that target the 18-24 year old demographic who represent the “All-American Look.” Many people argue about the definition of what is “All-American‚” since the United States continues to evolve and include many different cultures and races. Abercrombie & Fitch has been successful for over 100 years‚ but recently has come under constant scrutiny
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Part 4. Is Dell a merchandiser or a manufacturer? Dell Inc. is both‚ a merchandiser and a manufacturer. The company emphasizes its business model on delivering a quality product to fit customers’ needs‚ in the process Dell may create custom-made products from a variety of suppliers and merchandise them as a finished product directly to a customer. On a different scenario Dell may manufacture a product itself and them merchandise or distribute it within its chain of subsidiaries. What information
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Phar-Mor‚ Inc was a thriving discount grocery store in the late 1980’s. Phar-Mor was moving product quickly but profit margins were not significant enough to pay the bills. By the early 1990’s‚ Phar-Mor declared bankruptcy due to fraudulent financial reporting and misappropriation of assets‚ making it one of the largest frauds in U.S. history. Below‚ we will use auditing standard AU 316.85 Appendix A in conjunction with the video “How to Steal $500 million” to analyze how incentives/pressures
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