How should a company account for the legal costs of formation? Should the accounting treatment be the same as that for underwritten and other share issue costs? Generally it is recorded as the asset but as it does not have any economic future benefits to the company and it occurs only once so it should be treated as intangible assets. Under paragraph 69 of AASB 138‚ intangible assets does not allow the initial cost to be treated as an asset which needs to be treated as an expense and should be
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Pinnacle Case Study a. External users’ reliance on financial statements: 1. The company is privately held‚ but there is a large amount of debt‚ so the financial statement -may be used extensively. Also‚ management is considering selling the Machine-Tech division‚ which has the potential to result in extensive use of the statement by buyers. 2. Item 6 in the planning phase indicates plans for additional debt financing. Likelihood of financing difficulties: 1. The solar power engine business
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Facility Planning Part III Carole Kindt University of Phoenix August 23‚ 2008 Facility Planning Part III Visiting a hospital can be a stressful and scary event for the patient and their family. Working in a hospital also can be stressful and induce fatigue in the healthcare workers charged with taking the stress out of their patients visit. Studies have shown that just as evidence-based medicine provides good patient outcome‚ research into evidence-based design is showing that the physical
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Nanotechnology in Manufacturing Nanotechnology in Manufacturing LAS 432 Professor Robert Clark August 26th‚ 2012 LAS 432 Professor Robert Clark August 26th‚ 2012 Danielle Nicholson‚ Wilmer Solorzano‚ Michael Moore‚ and Yisel Sanchez Our primary focus with this paper was to research and assess the issues associated with the specific emerging technology. Danielle Nicholson‚ Wilmer Solorzano‚ Michael Moore‚ and Yisel Sanchez Our primary focus with this paper was to research
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Strategic Plan Part III: Balance Scorecard Maria Rose BUS/475 02/01/2013 Bassil El-Kadi Strategic Plan Part III: Balance Scorecard The goal of Ever After Events is to provide a one stop shop to create a party or event that is not only memorable for all but is also a stress free environment for the customer. Ever After Events is dedicated to rediscovering ourselves each day by providing our customers with an experience that will exceed their expectations. Ever After Events delivers innovative
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The Policy Process‚ Part II University of Phoenix HCS 455 The Policy Process‚ Part II In the paper the author discussed The Policy Process‚ Part I on how Medicare part D became a policy. The author discussed the details on the formulation‚ legislative‚ and implementation stages of the policy. Now time to look at the final stages of the process‚ of Medicare Part D. Which are evaluation‚ analysis‚ revision‚ and methodology stages. In every policy there will be an evaluation stage to see
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Riordan Manufacturing Part 1 BSA 375 October 7‚ 2013 Riordan Manufacturing Part 1 Riordan Manufacturing is an industry leader in its field and is committed to providing its employees and business partners with efficient and professional service. The hardware‚ software‚ and processes that make up Riordan’s Human Resource Information System (HRIS) pose a major obstacle to its continued success and aspiration of becoming a green company. In response to these challenges with its current HR
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Financial Statements Bernard J Wyant Jr. Rasmussen College Author Note This research paper is being submitted on March 10‚ 2013‚ for Tiffany Krogman‚ A340/ACG3085 Section 03‚ Advanced Auditing Concepts & Standards. Financial Statements Financial Statements Prepared using Chinese and GAAP Standards Kobyashi Maru prepares two sets of financial statements; one set using Chinese standards and GAAP (as meager as those standards may be) and the other for use in the US attempting to conform
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A. Review Part II and identify information that affects your assessment of acceptable audit risk. Note that only some of the situations in Part II will relate to acceptable audit risk. Classify the information based on the three factors that affect acceptable audit risk. • External users’ reliance on financial statements o There is a large amount of debt for a publically held company‚ and the financial statements will be used rather extensively. o Situation 6: the board of directors has decided to
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Career Development Plan Part III—Performance and Career Management HRM 531 August 21‚ 2010 Career Development Plan Part III—Performance and Career Management Performance Evaluation Employees will be evaluated utilizing the Performance Appraisal form attached. Each team member will be evaluated on a quarterly basis. Performance will be based on meeting sales goals‚ in addition to quality‚ product knowledge‚ communication‚ interpersonal skills‚ conflict resolution‚ teamwork‚ ethics
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