Case 12-4 Part I and II only HemoTech Inc. This case gives students an opportunity to determine the appropriate accounting for multiple-element revenue transactions under US GAAP and to explore the sources of IFRS s guidance for multiple element revenue transactions‚ specifically related to the identification of deliverables and the determination of selling price. Part I Applicable Professional Pronouncements ASC 450‚ Contingencies (ASC 450) ASC 605 -10 -S99‚ Revenue Recognition:
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firm in world‚ Randy Burnham & Co. While‚ Boone went to work at one of the largest manufactures of high-tech product in world‚ Alorotom Inc. After seven years working‚ Carson became a certified public accountant and Boone successfully complete a master’s degree program in Information System at Southern Methodist University. In 2001‚ Carson and Boone formed a manufacturing company‚ Bubba Tech Inc. (BTI) in Austin which is privately owned by them and venture capital firm. Boone becomes chief executive
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CASE: Data Tech‚ Inc. Data Tech‚ Inc. is a small but growing company started by Jeff Styles. Data Tech is a business that transfers hard copies of documents‚ such as invoices‚ bills‚ or mailing lists‚ onto CDs. As more companies move to a paperless environment‚ placing data on CDs is the wave of the future. Jeff had started the company in his two-car garage three years earlier by purchasing the necessary software and signing two large corporations as his first customers. Now he was about
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Assignment 3 1. Based on the limited facts of this case‚ prepare a list of the operational issues to present to top management at BTI. Include in your list any corporate governance issues of importance in relation to the management of BTI after it becomes a public company‚ and issues related to the relationship between BTI and Randy Burnham & Co. Operational issues 1. Working with potential biased audit firm. 2. Lack of internal controls 3. Lack of corporate governance 2. Do you think
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Data Tech‚ Inc. 2 Determine whether Jeff should give greater priority to a smaller facility with possibility of expansion or more into a larger facility immediately. According to Sliwinski and Gabryelczyk‚ facility management is a customer-oriented complete service‚ covering the comprehensive decision-making principles for optimum planning‚ usage and adaption of buildings
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tim tomas 3-31-14 Eng 1020 Instructor Faulk Rhetorical Analysis As a college student in todays world technology is all around. It comes in many forms such as laptops‚ cell phones‚ tablets and many more. It seems every college student has either a smart phone or a laptop if not both. College students rely heavily on technology for homework and research and also for connecting with friends on social media websites. Many people have created Facebook or Twitter accounts. The sites have spread worldwide
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Amish What would it be like if you had never watched television? What If you didn’t own a CD player? What would your home be like if you didn’t own a telephone? How would your parents go to work if they didn’t have a car? Welcome to the world of the Amish a people rich in history and culture! Who are the Amish? The Amish are a Christian religious group that stresses humility‚ family‚ community and separation from the rest of the world. The Amish came from Europe to the New World beginning
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Lecture 6: Science‚ Technology and Imperialism I. Science‚ Technology and Justifications for Colonization A. The “civilizing” mission justification for European conquest and dominance in 19th century empire-building paternalistic notion that it is the European’s “duty” to better the situation of the native who was not as “civilized” bring peace and order to areas where there are wars‚ constant conflict Europeans considered themselves to be best qualified for this mission because
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Flash Technologies‚ Inc.: Risk Analysis and Resolution of Client Issues Risk Analysis Flash Technologies‚ Inc.‚ a company that designs‚ manufactures and markets an extensive line of PC cards‚ is showing a rapidly growing and currently they engaged our firm to perform the annual audit because they determined that their previous auditors could no longer provide the necessary support due to its increased international investments. Thus we are hereby to make a thorough analysis of the business risks
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Surgical Techs were originally performed by nurses. The succession of World War I and II‚ Korean War‚ and the Vietnam War made a huge need for health care and physicians. Medical technicians started serving the role of a “scrub tech” in the operating room. During the time of the Korean War‚ physicians started using medical technicians as assistant instead of nurses over the years http://www.alliedhealthworld.com/surgical-technologist.html Hospital- based programs were developed for surgical techs in the
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