COMPANY PROFILE Deloitte Touche Tohmatsu Limited REFERENCE CODE: A84E8BAB-3212-405C-A8E5-382E054C11B9 PUBLICATION DATE: 26 Aug 2014 www.marketline.com COPYRIGHT MARKETLINE. THIS CONTENT IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED OR DISTRIBUTED. Deloitte Touche Tohmatsu Limited TABLE OF CONTENTS TABLE OF CONTENTS Company Overview..............................................................................................3 Key Facts....................................................
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Deloitte & Diversity Summary of Deloitte: Deloitte is one of Canada’s leading professional services firms. They provides audit‚ tax‚ consulting‚ and financial advisory services. Deloitte values diversity and takes concrete steps towards inclusion of women‚ visible minorities‚ recent immigrants‚ aboriginals‚ etc. Each year‚ they publish an annual diversity report. Deloitte was selected as a “Best Diversity Employer” in 2012 by the Mediacorps editors among the 2012 Canada’s Top 100 employers project
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Mike Cook‚ CEO of Deloitte & Touche identified the problem his firm was having immediately. He recognized that women employees had an alarming high turnover. Deloitte & Touche had a rich history of success and a very rigid structure. There are many other factors that led to this turnover and I will touch on each one in the following paragraphs. You may have noticed that I said‚ Deloitte & Touche has a rich history of success‚ but that was one of their factors that led to this turnover. This
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Impairment accounting – the basics of IAS 36 Impairment of Assets IAS 36 Impairment of Assets (the standard) sets out the requirements to account for and report impairment of most non-financial assets. IAS 36 specifies when an entity needs to perform an impairment test‚ how to perform it‚ the recognition of any impairment losses and the related disclosures. Having said that‚ the application of IAS 36 is wide and its requirements may be open to interpretation. The recent economic uncertainty
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Deloitte Structure Answers : Analysis of organizational structure of Deloitte US-India Pvt. Ltd a) Overcoming design challenges: 1. Differentiation: Differentiation provides the opportunity to specialize in a complex organization. It establishes task and authority relationship that allows the organization to achieve its goal. It is a process of allocating roles and responsibilities on the basis of skill sets and available resources. 2. Balancing differentiation and integration: Senior Manager
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Functional Currency Determination Case 10/10/2011 ABSTRACT In the dynamic global market‚ companies of all sizes‚ whether small‚ medium or transnationals interact with foreign companies and in most cases operate with currencies that are different from those that they commonly use. Foreign companies use foreign currencies for their expenditures‚ hedging strategies‚ and investing and financing activities. As a result these business activities must be reflected on the financial statements in the
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How did the problems at Deloitte & Touché occur in the first place? The problems Deloitte & Touché experienced were because of neglect‚ they neglected to keep their companies policies and procedures up-to-date with their changing employee status. They did not create a sense of urgency for these women‚ so the women acted as if they had no obtainable goals in their future with this company. The company’s employees had visions and ideas but the company gave no place for their employees to progress
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decrease in the market price of a long-lived asset. As stated in the case‚ one of Ida’s competitors sold its extremely comparable commercial building for an amount significantly less than its asking price. Since these assets are very similar in comparison‚ this significantly less price for the competitor’s building is an example of a decrease in the market price of Ida’s commercial building. Therefore under the U.S. GAAP‚ Ida needs to test the U.S. commercial building for recoverability. (2)
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Definition of Problem: The problem faced by Deloitte & Touche is how to best manage the merger with Andersen in order to move beyond being two merged organizations into a unified‚ market-leading organization. Deloitte must minimize the negative effects the change will have on the productivity of the organization and they must have a focus on minimizing the effects on current clients. It is important for Deloitte to create one corporate culture and focus on creating a cohesive team out of a currently
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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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