Business entity concept This concept assumes that‚ for accounting purposes‚ the business enterprise and its owners are two separate independent entities. Thus‚ the business and personal transactions of its owner are separate. For example‚ when the owner invests money in the business‚ it is recorded as liability of the business to the owner. Similarly‚ when the owner takes away from the business cash/goods for his/her personal use‚ it is not treated as business expense. Thus‚ the accounting records
Premium Balance sheet Generally Accepted Accounting Principles
leader/standard setter” No replication among competitors for state of the art sensor manufacturing all of these factors could prove critical in determining if one or both entities faced impairment or other significant changes in goodwill since its original recording. Under current FASB guidelines‚ 350-20-35.3‚ “An entity may first assess qualitative factors to determine whether it is necessary to perform the two-step goodwill impairment test If determined to be necessary‚ the two-step impairment
Premium Fundamental analysis Stock Generally Accepted Accounting Principles
of Jupiter is how each company will treat their investment in the company. This paper will perform a consolidation analysis that follows the guidelines of the VIE model laid out in ASC 810-10. I will determine whether Jupiter is a Variable Interest Entity and who is the primary beneficiary. 2. Relevant Facts • Saturn and Venus‚ two unrelated parties‚ formed Jupiter‚ a joint venture • Saturn owns 51% and Venus owns 49%‚ contributing $561 and $539 (of manufacturing facilities) million respectively
Premium Mergers and acquisitions Jupiter Planet
Important notice: ASX has published this abridged guide to assist listed entities and their officers to understand and comply with their continuous disclosure obligations under the Listing Rules. Nothing in this guide necessarily binds ASX in the application of the Listing Rules in a particular case. In issuing this guide‚ ASX is not providing legal advice. Listed entities and their officers should obtain their own advice from a qualified professional person in respect of their obligations. ASX may
Premium Stock exchange Decision making Stock market
Running head: IMPROVING HOOSIER BURGER Improving Hoosier Burger Student Ashford University Business System Analysis INF 340 Tony Sgarlatti Feb 10‚ 2014 Improving Hoosier Burger Bob and Thelma Mellankamp wanted to open their own business. They came across Myrtle’s Family Restaurant and saw a sign that said it was for sale. Bob and Thelma bought the restaurant and their own restaurant was brought to life Hoosier Burger Restaurant. The idea was one that everyone dreams
Premium Business
-Income SFAC 3= Investment‚ Distribution ‚Revenue‚ Gain & Losses. REPORTING ENTITY SAC 1 ‘entities (including economic entities) in respect of which it is reasonable to expect the existence of users dependent on GPFR for info which will be useful. Existence of RE will not depend on -the sector within which the -entity operates -The purpose for which the entity was created -The manner in which the entity is constituted. Conceptual framework Problem -Lack of a general theory -Permissiveness
Premium Balance sheet Future Economics
©2010 Dassault Systèmes‚ All Rights Reserved DraftSight and the DraftSight logos are trademarks of Dassault Systèmes or its subsidiaries in the US and/or other countries. Other brand or product names are trademarks or registered trademarks of their respective holders. The information and the software discussed in this document are subject to change without notice and are not commitments by Dassault Systemes or its subsidiaries. No material may be reproduced or transmitted in any form or by any means
Premium Dimension Length Angle
BUSINESS ENTITIES OUTLINE FIDUCIARY DUTIES: 2 different analyses • DELAWARE ▪ 1) Nature of Breach • A) Duty of loyalty: The duty of loyalty mandates that the best interest of the corporation and its shareholders takes precedence over any interest possessed by a director‚ officer‚ or controlling shareholder o i) Self-Dealing: Any time a corporation is in a transaction where a director‚ officer‚ or majority shareholder is on the other side‚ and the corporation
Premium Fiduciary Corporation Stock
protects all individually identifiable health information held or transmitted by covered entity or its business associate in any form or media whether electronic‚ paper‚ or oral. There are two general principles for uses and disclosures: Basic- major purpose is to define and limit the circumstances in which an individual’s protected health information may be used or disclosed by covered entities. A covered entity may not use or disclose protected health information except either: 1) as privacy rule
Premium Health care Health Insurance Portability and Accountability Act Health informatics
urban community and marginalized society. The documentary illustrated Afro-Brazilian rituals of Pomba Gira and other possessing entities that not only speak through human beings such as Nazare but also depicts both the subordination and empowerment under traditional views of hypersexualized femininity that also links marginalized women to the spiritual life of feminine entities. Malcumba’s erotic lifestyle transgresses the norms of femininity during her lifetime. I believe that Hayes is trying to connect
Premium Feminism Spirit The Documentary