Memo To: John Doe From: Team C Date: February 20‚ 2012 Subject: Auditing‚ share-based payment and SPE reporting A publically traded company offers challenges to auditing when it comes to shared-based payment reporting and special-purpose entities (SPE) reporting individually. The most basic principle of GAAP at risk is the qualitative characteristic of reliability. Shared-based payment and SPE reporting individually has been broken down to better equip the audit for our client. It is important
Premium Generally Accepted Accounting Principles Balance sheet Asset
Prison Experiment (SPE) in 1971‚ but the data from that project is as useful in today’s society as it was then. The question now is what impact the study had on social psychology‚ the value of the study‚ the study’s relevance to contemporary world issues‚ the value of the study to humanity as a whole‚ problems and ethical concerns created by the study‚ and current safeguards in place to reduce any ethical concerns arising in research studies. The answer is not simple‚ but the SPE was and still is relevant
Premium Stanford prison experiment Milgram experiment Prison
labor intensity and waste disposal. The purpose of this lab is to learn how SPE can be used to identify trace amounts of Vanillin. Stock solution of vanillin in water with concentration of 50 ppm was prepared. Four solutions with concentration of 5 ppm‚ 1 ppm‚ 0.5 ppm and 0.1 ppm were made from stock solution. UV-Vis spectra of standard solution was recorded at 229 nm and equal to 0.544 AU. Vanillin was separated on SPE cartridges using a 50% methanol and 50% water as eluting solvent. UV-Vis of
Premium Chemistry Solubility Liquid
Standard Board. (2004‚ December 16). FASB issues final statement on Accounting for share-based performance. Retrieved from http://www.fasb.org/news/nr120604_ebc.shtml Journal of Accountancy. (2009‚ June 12). FASB Issues Standards on Securitizations‚ SPEs. Retrieved from http://www.journalofaccountancy.com/Web/20091801 Schroeder‚ R. G.‚ Clark‚ M. W.‚ & Cathey‚ J. M. (2005). Accounting for Multiple Entities. In Financial Accounting Theory and Analysis‚ 8e (pp. 504-541).
Premium Balance sheet Asset Financial Accounting Standards Board
Computer Engineering Mekelweg 4‚ 2628 CD Delft The Netherlands http://ce.et.tudelft.nl/ 2010 MSc THESIS Optimization of Texture Feature Extraction Algorithm Tuan Anh Pham Abstract Texture‚ the pattern of information or arrangement of the structure found in an image‚ is an important feature of many image types. In a general sense‚ texture refers to surface characteristics and appearance of an object given by the size‚ shape‚ density‚ arrangement‚ proportion of its elementary parts. Due to
Premium Image processing Computer vision
collaboration with major banks‚ SPEs borrowed money‚ often with direct or indirect guarantees from Enron. The cash was used to benefit Enron‚ but was not necessarily transferred to Enron. Enron did not report debt on its financial reports. It did not disclose the contingent liability for the debt as required by GAAP. Various methods described next were used to transfer the cash and further manipulate financial reports. Enron had investments in companies (which were not SPEs) that it consolidated or reported
Premium Audit Balance sheet Auditing
second issue is SPEs. By following the accounting rules‚ if a company consolidate SPE‚ it should put the assets and liabilities into its own balance sheet‚ and if unconsolidated SPE‚ the balance sheets should be reported separately. In Enron’s case‚ the management team use SPE crafty. Enron sold their asset and shares to SPE. What Enron did is they reported the SPE’s gains‚ for example the gain from their own stock’s increase‚ in Balance Sheet‚ but they did not record the debts of SPE in their Balance
Premium Enron
Gillette will deal with the lawsuit in an appropriate way. Waverly doesn’t have to worry about this. American International Group Case Key agents: American International Group‚ a multinational insurance corporation. PNC‚ which wants to use AGI’S SPE service. Ernst&Young‚ PNC’s audit firm. Michael Joseph‚ a partner of Ernst&Young Overview: AIG started a new
Premium Audit Chief executive officer
My Joys and Pains in my SPES Summer job 2012 School year ends‚ different plans comes our way. Vacation here‚ gimmicks there‚ or even party everywhere. These are few of the things which drive the satisfaction of students when school is over. But practical students have better idea of spending their vacation wisely and this is to apply for a summer job. Special Program for the Employment of Students or better known as the “SPES Summer job Program” is a program spearheaded by our ever-dynamic Governor
Premium Ricky Gervais As Time Goes By Casablanca
Abstract Zimbardo’s Stanford Prison Experiment (SPE)‚ investigating the effects of roles in a simulated prison environment‚ significantly impacted the psychological understanding of role conformity. However‚ recent evidence suggests results from this seminal experiment are less reflecting of role conformity‚ with findings alternatively attributed to demand characteristics. This critique is constructed as further examination of SPE revealed participants were able to predetermine the experimental hypothesis
Premium Stanford prison experiment Milgram experiment Prison