ability to control the entity). ii) All subsidiaries—that is‚ all entities in which a parent has a controlling financial interest—shall be consolidated. Supporting reference: ARB 51‚ Paragraph 1-3 (b) The qualifying SPE concept was introduced in SFAS 140 and a qualifying SPE is exempt from consolidation. Discuss the equity requirement of a qualifying SPE prior to FIN 46( R) and under FIN 46 (R). Prior to FIN 46(R)‚ due to an accounting rule established by the now-defunct EITF Issue 90-15‚ the
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improper accounting for loan fees‚ premiums‚ and discounts‚ which requires companies to recognize loan fees‚ premiums‚ and discounts as an adjustment over the life of the applicable loans‚ to create a constant effective yield‚ stated under the SFAS No. 91. The SFAS No. 91 also requires that any changes to the amortization of the fees‚ premiums‚ and discounts should be recognized as a gain or loss in the income statement‚ which Fannie Mae referred to as the “catch-up adjustment.” Fannie Mae had $439 million
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factor analyses (EFAs and CFAs respectively) were used to examine whether electronic aggression can be measured using items similar to that used for measuring traditional bullying‚ and whether adolescents respond to questions about electronic aggression in the same way they do for traditional bullying. For Study I (n = 17 551; 49% female)‚ adolescents in grades 8–12 were asked to what extent they had experience with physical‚ verbal‚ social‚ and cyberbullying as a bully and victim. EFA and CFA results
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Case Study On Best Buy Inc. Strategic Management MGT 403 Section A Case Study on Best Buy Inc. Prepared By: Group Members: Name ID Aishwarya Roy 12102135 Saeed Shahriar Shaon 12102149 Lucky Akter 12102147 Kawsar Ahmed 12102159 Prepared For: Tanvir H. Dewan Coordinator‚ CBA IUBAT – International University of Business Agriculture and Technology 1.1 Current Situation Best Buy Co.‚ Inc. is an American multinational consumer electronics corporation headquartered in Richfield‚ Minnesota‚ a
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Appropriate Accounting Treatment for price protection and price protection To Susan Madigan 24th of Jan‚ 2013 Re: Appropriate Accounting Treatment for price protection and price protection _____________________________________________________________________________________________ The revenue recognition principle states that‚ under the accrual basis of accounting‚ you should only record revenue when an entity has substantially completed a revenue generation process; thus‚ you record revenue
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2012/13 Assignment one Education for All (EF A) is an international initiative first launched in Jomtien‚ Thailand‚ in 1990. Explain why EFA is important to a developing country like Zambia and critically examine the policy measures put up by the Zambian government in trying to achieve this goal. What are the main educational challenges of attaining EFA by 2015? Assignment two Examine the concepts of equality and equity as they relate to education provision. Trace the historical factors that
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is included (1) within the body of the financial statements‚ with supporting footnote disclosures‚ (2) entirely in the footnotes‚ or (3) in a separate schedule that is considered an integral part of the financial statements. REPORTABLE SEGMENT SFAS 131‚ Disclosures about Segments of an Enterprise and Related Information‚ defines an operating segment as a component of an enterprise that engages in business activities from which it may earn revenues and incur expenses (including revenues
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indigo is recommended as a cover crop in citrus groves. It is preferred to cowpeas and crotalaria‚ for its ability self-reseed along with good disease‚ insect and nematode resistance (Norris and Lawrence‚ 1962). Hairy indigo is currently listed by IFAS as a recommended cover crop with the following agronomic information. Hairy Indigo can produce 15-22 Mg ha-1 forage and 90-170 kg ha-1 nitrogen. It should be planted at 7-11 kg ha-1 in mid-March to June (Wright et al.‚
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Evaluating Concepts-Based vs. Rules-Based Approaches to Standard Setting INTRODUCTION In its new project on Codification and Simplification‚ the FASB indicates its intent to evaluate the feasibility of issuing concepts-based standards rather than issuing detailed‚ rule-based standards with exceptions and alternatives.[ 1] Related to this project‚ members of the FASB board and staff asked the Financial Accounting Standards Committee of the American Accounting Association (hereafter‚ the Committee)
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DEITIES OF THE AGOGORO EYO FESTIVAL By: Alaba kehinde Email: kennyfragile007@gmail.com Introduction The word Eyo also refers to the costumed dancers‚ known as the masquerade‚ that come out during the festival. The origins of this observance are found in the inner workings of the secret societies in lagos. It is widely believed that the play is one of the manifestations of the customary African revelry that serves as the forunner of the modern carnival in Brazil. On Eyo day‚ the mainhighway in the
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