To: Executive Management From: Team A Re: United States v. Morrison 529 U.S. 598 (U.S. Sup. Ct. 2002) I. Facts: Petitioner Christy Brzonkala‚ a student at Virginia Polytechnic Institute files a suit against two students of the same school‚ Respondents Antonio Morrison and James Crawford‚ for rape and emotional distress. Petitioner claims the sexual assault violates 42 U.S.C. §13981‚ “which provides a federal civil remedy for the victims of gender-motivated violence” (FindLaw
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Wilson Blowhard has been successful with his communication company and is now looking into ways to continue improving his business. Being able to sell the business would set him up with the retirement he wants as long as profits are increasing. As long as there are increasing profits the net worth of the business will also increase‚ therefore allowing Mr. Blowhard to be able to sell his business for a higher price. He knows this can be a challenge but he also knows it is possible. Mr. Blowhard
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Department of Accounting and Finance‚ Western Delta University‚ Oghara‚ and Pat Donwa Department of Accounting‚ University of Benin‚ Benin City E-mail: anthonygaruba@yahoo.com Abstract Nigeria is going to adopt International Financial Reporting Standard (IFRS) from 1st January 2012. Globalization and Information and Communication Technology (ICT) has reduced the world to a global village. This has given rise to the continuous integration of the world economy and capital markets which has in turn given rise
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complete after the exchange of cash for goods. In commercial accounting the date in which the transaction was made needs to be recorded regardless to whether it was paid or it wasn’t. Generally Accepted Accounting Principles better known as (GAAP) is the collection of standards and practices that are required to be used by business’s to record and present the results of their financial activities and their records of what they owe‚ established by the Financial Accounting Standards Board (FASB)
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Relationship between the IFRS and the FASB Hadassah Moore ACC/541 May 14‚ 2013 Instructor: Sonja Wilson Relationship between the IFRS and the FASB The principle of accounting dates backs thousands of years to a time where those in positions of governance wanted to make others aware of their growth and progress. Shift forward‚ and now the principles of accounting have moved towards an interest in investments and creating wealth for all those who hold stock within the company. This has led
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Kent V. United States Regarded as the first major juvenile rights case to preface further juvenile court reforms‚ Kent v. United States established the universal precedents of requiring waiver hearings before juveniles could be transferred to the jurisdiction of a criminal court and juveniles being entitled to consult with counsel prior to and during such hearings. Morris A. Kent‚ Jr.‚ first came under the authority of the Juvenile Court of the District of Columbia in 1959. He was then aged 14
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In 1961‚ while on probation from an earlier case‚ Morris Kent‚ age 16‚ was charged with rape and robbery. Kent confessed to the offense as well as to several similar incidents. Assuming that the District of Columbia juvenile court would consider waiving jurisdiction to the adult system‚ Kent’s attorney filed a motion requesting a hearing on the issue of jurisdiction. The juvenile court judge did not rule on this motion filed by Kent’s attorney. Instead‚ he entered a motion stating that the court
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Abstract As the convergence of IFRS and GAAP continues to impose new personal and professional challenges on U.S. auditors‚ it also presents new career opportunities for those who embrace the continuous‚ accelerating change that characterizes globalization. U.S. auditors who recognize the opportunities and prepare to take advantage of them have little to fear from the convergence. In contrast‚ auditors who are in denial about the convergence’s inevitable effects face a very different future.
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American Greetings Corporation IFRS Implementation Property‚ Plant‚ and Equipment is the largest asset account for American Greetings‚ with a 2011 net balance of $241‚649‚000. American Greetings carries its property‚ plant and equipment at cost. Depreciation and amortization of buildings‚ equipment and fixtures are computed principally by the straight-line method over the useful lives of the various assets. The cost of buildings is depreciated over 40 years; computer hardware and software over
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United States to adopt IFRS. Do you think it is likely that the United States will embrace IFRS in the near term‚ and what do you think are the some of the factors that might discourage the country from adopting IFRS? Well‚ I think United States will not embrace IFRS in the near future as United States are now reliance on the accounting standards issue by the FASB rather than on the standards issued by the IASB. Unlike many countries‚ United States has not yet adopts the IFRS. Besides‚ the United
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