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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The FASB recently issued further guidance to assist with the interpretation of ASC 820- 10 (Statement 157): • FASB Staff Position FAS 157-3: Determining the Fair Value of a Financial Asset When the Market for That Asset Is Not Active was issued in October 2008 to clarify the application of ASC 820-10 (Statement 157) in a market that is not active and to provide an example to illustrate key considerations in determining the fair value of a financial asset when the market for that financial
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testing (Klazema). “An estimated 26 million animals are used every year in the United States for scientific and commercial testing” ProCon.org describes. Experimentation on animals has been found from as early to 500 BC. Although the Animal Welfare Act (AWA) protects many types of animals‚ it
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MGSC1206 Fall 2013 Due: Nov 1st‚ 2013 12:00 noon Assignment #2 Notes: (a) Assignments are to be done individually. (b) Be sure to use correct notation and show how you find each answer. (c) Assignments are to be remitted to the correct drop box on the second floor of Loyola. (d) No late assignments will be accepted. (e) Before beginning this assignment‚ you should have completed the following: • Reviewed the class examples • Completed the Algebra tutorial and related material‚ as
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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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usage becomes simpler39 “Mobile” advertising is dead. Long live tablet and smartphone advertising43 All‑you‑can‑app46 The looming spectrum shortage: worse before it gets better49 Endnotes52 Recent Deloitte thought leadership63 Contacts at Deloitte Touche Tohmatsu Limited (DTTL) and its member firms64 Technology‚ Media & Telecommunications Predictions 2013 1 “ ur aim with Predictions is to O catalyze discussions around significant developments that may require
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Addenda Summary-2011 Note: Due to the issuance of certain new accounting literature‚ changes in the status of ongoing projects during the past year‚ or evolution of practice‚ the 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
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I have learned from the career center website of Texas A & M University that Deloitte is looking for Advisory Consultant- Technology Risk intern. My goal is to pursue a career in Data Analytics and Deloitte is a pioneer in using analytical decision making into business processes. The knowledge I will gain as a summer intern in your company will give me a perfect foundation. I realized my passion for analytics during my tenure as coordinator of the robotics club in my undergraduate degree. I used
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Interview Preparation Guide for the Deloitte and Touche Management Consulting Case SKS Meeting Details Name: Roger Kramer Position: CFO of SKS Meeting time: Monday October 15‚ at 4:00 p.m.‚ at his office Length of meeting: 45 minutes Appointment confirmed? Yes Who else is coming? Another consultant‚ waiting for confirmation Meeting Objectives: 1.Introduce myself and the purpose of the engagement 2.Allay any fears and concerns that he might have regarding the engagement 3.Create a rapport
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There are several factors to consider when deciding whether to rent or buy a home. In our case study‚ Beth and Jon Linton are considering the critical decision of buying or renting at Stedman Place in Newton‚ which is a western suburb of Boston‚ Massachusetts. The timing of this decision is important‚ as the decision is being made in July of 2006‚ before the housing market downturn. The case gives insight into the couple’s decision-making process‚ and the pros and cons of buying versus renting are
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