...RESEARCH: Accounting Standard Codification (ASC) 1. FASB had four primary goals in developing the codification. List these four goals: 1. Reduce the amount of time and effort required to solve an accounting research issue 2. Mitigate the risk of noncompliance through improved usability of the literature 3. Provide accurate information with real-time updates as Accounting Standards Updates are released 4. Assist the FASB with the research and convergence efforts. 2. List three SEC authoritative guidance, standard and interpretations included in the codification: 1. Regulation S-X - The Sarbanes-Oxley Act 2002 2. Staff Accounting Bulletins (SAB) 3. EITF Topic - Emerging Issues Task Force 3. The accounting literature replaced by the FASB Codification includes (list five): 1. Improve the usefulness of financial reporting by focusing on the primary characteristics of relevance and reliability, and on the qualities of comparability and consistency. 2. Keep standards current to reflect changes in methods of doing business and in the economy. 3. Consider promptly any significant areas of deficiency in financial reporting that might be improved through standard setting. 4. Promote international convergence of accounting standards concurrent with improving the quality of financial reporting. 5. Improve common understanding of the nature and purposes...
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... predominated in Europe, with numerous Frenchmodifications, some of which were based on the Germanic law that had been in effect in northern France. The code draws upon the Institutesof the Roman Corpus Juris Civilis for its categories of the civil law: property rights, such as licenses; the acquisition of property, such astrusts; and personal status, such as legitimacy of birth. One century later, after many new codes have been promulgated throughout the world, and while the movement of law reform is still accelerating, for a number of well-known reasons : establishment of a new international order, trend towards modernization in many countries, etc., the moment seems appropriate to wonder how influential Napoleon’s Code is on the codifications which are taking place now. Of course, we shall consider this Code, not as it was in 1804, but in its present state, after two centuries of legislative additions and...
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...GROUP RESEARCH PROJECT #1 FASB RESEARCH – CHAPTER 1 ISSUES #1 In recording a business combination, the acquiring company must recognize all identifiable intangible assets of the acquired company. This process can be complex and burdensome. Recently, the Private Company Council (PCC)* provided relief from some of these requirements for private (non-public) companies. What was that “relief” and what document was issued that provided it? *PCC is an arm of the FASB that is tasked with proposing amendments to GAAP that would apply only to private (non-public companies). #1) According to the Accounting Standards Update 2014-18, Business Combinations (Topic 805), private companies should no longer “recognize separately from goodwill (1) customer-related intangible assets unless they are capable of being sold or licensed independently from the other assets of the business and (2) noncompetition agreements.” This will cut down the complexity and cost while still providing interested parties with information to make decisions off of. #2 As we saw near the end of Chapter 1, the annual testing for impairment of indefinite life intangibles (such as goodwill) is VERY complicated (very quantitative) and time consuming. A few years ago, the FASB provided a ”qualitative” alternative to the annual impairment test. Briefly describe that alternative and what document was issued that allowed that alternative? #2) This amendment allows companies use a qualitative measurement...
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...To: Cascade Company From: Subject: Investment Accounting Date: October, 2013 Introduction: This document will discuss and define how Cascade Company should account for investments in different forms and situations. If these guidelines are followed, Cascade Company will be in coherence with FASB concatenations. Readily Determinable: According to the authoritative literature, the fair value of a security is readily available when its specifications meet any of the following conditions (According to FASB ASC 320-10-20 Glossary): I. The fair value of an equity security is readily determinable if sales prices or bid-and-asked quotations are currently available on a securities exchange registered with the U.S. Securities and Exchange Commission (SEC) or in the over-the-counter market, provided that those prices or quotations for the over-the-counter market are publicly reported by the National Association of Securities Dealers Automated Quotations systems or by Pink Sheets LLC. Restricted stock meets that definition if the restriction terminates within one year. II. The fair value of an equity security traded only in a foreign market is readily determinable if that foreign market is of a breadth and scope comparable to one of the U.S. markets referred to above. III. The fair value of an investment in a mutual fund is readily determinable if the fair value per share (unit) is determined and published and is the basis for current transactions. The investment...
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...ISSUES IN ACCOUNTING EDUCATION Vol. 26, No. 3 2011 pp. 609–618 American Accounting Association DOI: 10.2308/iace-50029 A Series of Revenue Recognition Research Cases Using the Codification R. Mark Alford, Teresa M. DiMattia, Nancy T. Hill, and Kevin T. Stevens ABSTRACT: This series of four short cases is designed to help students develop the skills to research the Financial Accounting Standards Board’s (FASB) Accounting Standards Codification and other authoritative literature. It also is designed to help improve students’ ability to analyze and critique the complex issues that often surround the accounting for revenue recognition. The case scenarios describe transactions in which students must decide whether, when, and how much revenue to recognize. The issues analyzed involve bill-and-hold, multiple-element arrangements, gross versus net revenue reporting, and sales incentives. The cases are also designed to improve teamwork and communication skills. The sequence of cases is intended for use in an intermediate accounting class that covers revenue recognition, or in a capstone class that emphasizes critical thinking and research skills. Keywords: revenue; recognition; codification; research. INTRODUCTION evenue recognition is one of the top causes for financial statement restatements (Whitehouse 2010). In addition, revenue recognition is an area commonly questioned by the Securities and Exchange Commission (SEC) staff in their review of public filings and resultant comment...
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...Employees Research Aim The aim of this research is to explore if the concept of hot Desking is a helpful technique which increases the productivity of an employee and helps in the cost savings for the organizations. The paper would discuss the use of hot Desking at different companies and the survey questionnaires, and interviews are conducted for the employees of different companies that would identify the importance of the concept of hot Desking. Research Objectives According to the research aim that is mentioned above, the research objectives have been set to achieve the desired outcomes. The first objective is to understand the concept of hot Desking and the importance of this technique in the modern world. Second objective would include about the pros and cons of hot Desking and the improvements that are required in the concept. The third objective would include providing suggestions in the enhancement of hot Desking and further improvements. Research Questions In view of the above research objectives, a few questions have been formed that would assist in the progress of the study. 1. How is hot Desking related to the modern world technically? 2. How can it help the organizations in achieving a competitive advantage? 3. What improvements are required in the hot Desking technique? 4. What recommendations are provided in the enhancement of this technique? Introduction This portion will focuses on the evaluation and analysis of secondary research conducted...
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...МІНІСТЕРСТВО ОСВІТИ І НАУКИ, МОЛОДІ ТА СПОРТУ УКРАЇНИ НАЦІОНАЛЬНИЙ УНІВЕРСИТЕТ «ЛЬВІВСЬКА ПОЛІТЕХНІКА» Л.В.Бордюк ЖАНРИ НАУКОВОГО СТИЛЮ МЕТОДИЧНІ ВКАЗІВКИ до виконання практичних робіт для студентів спеціальностей 8(7).02030303 «Прикладна лінгвістика» Затверджено на засіданні кафедри прикладної лінгвістики Протокол № 7 від 20.02.2013 р. Львів – 2013 Жанри наукового стилю: Методичні вказівки до виконання практичних робіт для студентів спеціальностей 8(7).02030303 «Прикладна лінгвістика». /Укл.Л.В.Бордюк – Львів: Видавництво «Львівська політехніка», 2013. - 40 с. Укладач Бордюк Л.В., канд.філол.наук, доц. Відповідальний за випуск Левченко О.П., д-р філол.наук, проф. Рецензенти Маркелова С.П., канд.філол.наук, доц. Романишин Н.І., канд.філол.наук, доц. Процес здобуття університетської освіти містить навчальну та науково-дослідну складові...
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...Chap -1 Production management DEFINITION As any premises in which person are employed for the purpose of making altering , repairing ornamenting , finishing , clearing , washing , breaking , adopting for sale any article PRODUCTION AS THE CONVERSION PROCESS Production process of changing input into output . INPUT Lab our Material Equipment Capital Management OUTPUT Goods and services Conversion Process COMPARISION Actual V/s Planned The input to the production system are raw material , parts , energy , production schedules , information technology , capital or management and output are the goods , transported goods ,delivered message , services customers. For example :- 1) In manufacturing organization like steel plant , input are materials like iron , ore , coke , lime stone ,etc 2) In service organization like bank , inputs are customer and output are serviced customer COMPONENTS OF PRODUCTION FUNCTION PLANNING | * Product selection and design * Process selection and planning * Facility location * Facility layout and materials handling * Capital planning * Forecasting * Production planning | ORGANISING | * Work study and job design | CONTROLLONG | * Production control * Inventory control * Quality control * Maintenance and replacement * Cost of reduction and cost control | 1. Production selection and design -A right kinds of products and good design of the product are crucial for the...
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...THE IMPACT OF SUPPLY CHAIN MANAGEMENT ON GOVERNMENT INSTITUTIONS A Research Dissertation by GEORGE FREDERICK JACOBSON STUDENT NO. 94032512 B. TECH: PURCHASING MANAGEMENT Submitted in partial fulfilment of the requirements for the degree MBA in the Business School Faculty of Management Sciences TSHWANE UNIVERSITY OF TECHNOLOGY Supervisor: Prof. J A Watkins Pretoria 4 June 2007 PUBLICATION OF DISSERTATION The attention of the reader is specifically drawn to the fact that the national Government departments, who sanctioned this research study, specifically requested that the work should not be published due to the sensitivity of ongoing remedial actions. DECLARATION OF COPYRIGHT I hereby declare that this dissertation submitted for the degree (Magister Technologia) at the Tshwane University of Technology, is my own original unaided work and has not previously been submitted to any other institution or higher education. I further declare that all sources cited are cited or quoted are indicated or acknowledged by means of a comprehensive list of references. G.F. JACOBSON Copyright© Tshwane University of Technology (2007) i DEDICATION This study is dedicated to my family and friends for their love and support through this process allowing me to grow as a person. ii ACKNOWLEDGEMENTS I would like to express my sincere gratitude and appreciation to the following: My Lord and Saviour, Jesus Christ for His continued blessings...
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...chilot.wordpress.com Legal Research Methods Teaching Material Prepared by: Prof (Dr) Khushal Vibhute & Filipos Aynale m Prepared under the Sponsorship of the Justice and Legal System Research Institute 2009 chilot.wordpress.com TABLE OF CONTENTS UNIT 1: INTRODUCTION-------------------------------------------------------------------1 1.1 Introduction--------------------------------------------------------------------------------------------------------2 1.2 Law and Society: Mutual Relationship & Interaction-----------------------------------------------------3 1.3 Legal System: A System of Norms and Social System?---------------------------------------------------4 1.4 Role of Law in A Planned Socio-Economic Development------------------------------------------------6 UNIT 2: LEGAL RESEARCH: AN INTRODUCTION----------------------------------8 2.1 What is research?-----------------------------------------------------------------------------------------------10 2.1.1 2.1.2 2.1.3 2.1.4 Meaning of research---------------------------------------------------------------------------------10 Objectives of research-------------------------------------------------------------------------------12 Motivation in research------------------------------------------------------------------------------13 Research and scientific method-------------------------------------------------------------------14 2.2 Types of research------------------------------------------------------------------------------------------------15...
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...Team Meeting #1 9/25/2013 -All team members were present -Decided on our topic: Security Issues involved with the transition from IPv4 to IPv6-Goal for next week: have all of our research papers together to divide among the team Team Meeting #2 10/2/2013 -All team members were present -Shared research papers among the team. Discussed potential topics for next semester to get a better idea of what to include in this phase of the paper. Team Meeting #3 10/9/2013 -All team members were present. - Discussed important points to cover based on our research, and laid down a rough outline for the background and introduction. Created and shared Google docs for the outline and for collaborative list of citable resources. Goal for this week: continue research and begin filling in the outline. Team Meeting #4 10/16/2013 -All team members were present -Continued filling in the outline. -Goal for next week: Have it mostly complete! Team Meeting #5 10/23/2013 -All team members were present -Busy week for everyone. Continued filling in the outline. Team Meeting #6 10/30/2013 -All team members present. -Continued filling in rough draft. Working on continuity. Team Meeting #7 11/6/2013 -All team members were present -Mostly done with rough draft. Working to add more technical info into body. Team Meeting #8 11/13/2013 -All team members were present -Not much progress this week. Team focused on project 2. Team Meeting #9 11/20/2013 -All team members were...
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...Graduate School Writing a research proposal for a PhD or MPhil application: A guide for potential students Some Schools and Departments may require you to write an outline research proposal and submit this with your application to study for a PhD or MPhil. The content and structure of the proposal will inevitably vary depending on the discipline area and the nature of the project you wish to pursue. In some cases you may be provided with some guidance in terms of what information should be included in the proposal and, if this is the case, you should read this carefully and follow it. However, where this is not the case, the general guidance, and suggested headings, provided here should help you to structure and present your ideas clearly in your proposal. Your overall aim is to produce a research proposal that is clear and coherent in every respect. You should therefore avoid the use of overly long sentences and of technical jargon. It is important that the proposed research is realistic and feasible so that the outcomes can be achieved within the scale of a typical research degree programme, which is typically three years full-time for a PhD (or two years for an MPhil). Although you should write the proposal yourself, it is best if you discuss its contents with your proposed supervisor before you submit it. Your research question For most projects there is usually one main question that you would like to address, which can sometimes be broken down into several sub-questions...
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...TABLE OF CONTENT CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND OF THE STUDY 1.2 STATEMENT OF THE PROBLEM 1.3 PURPOSES OF THE STUDY 1.4 OBJECTIVES OF THE STUDY 1.5 RESEARCH QUESTIONS 1.6 SIGNIFICANCE OF THE STUDY 1.7 SCOPE OF THE STUDY CHAPTER TWO 2.0 RESEARCH METHODOLOGY 2.1 INTRODUCTION 2.2 RESPONDENT OF THE STUDY 2.3 RESEARCH INSTRUMENTS USED 2.4 RESEARCH PROCEDURE 2.5 DATA ANALYSIS CHAPTER THREE 3.0 FINDINGS AND DISCUSSION 3.1 INTRODUCTION 3.2 DISCUSSION / ANALYSIS OF FINDINGS 3.2.1 SECTION A: LEVEL OF WORK 3.2.2 SECTION B: EMOTIONAL ASPECTS 3.2.3 SECTION C: PHYSICAL ASPECTS 3.2.4 SECTION D: SOCIAL / WORKING ENVIRONMENT ASPECTS CHAPTER FOUR 4.0 CONCLUSION 4.1 OVERVIEW OF THE STUDY CHAPTER FIVE 5.0 RECOMMENDATION 4.1 RECOMMENDATIONS FOR FUTURE RESEARCH REFERENCES APPENDIXES CHAPTER ONE 1.0 INTRODUCTION 2 BACKGROUND OF STUDY Stress is body's way of responding to any kind of demand. It can be caused by both good and bad experiences. When people feel stressed by something going on around them, their bodies react by releasing chemicals into the blood. These chemicals give people more energy and strength, which can be a good thing if their stress is caused by physical danger. But this can also be a bad thing, if their stress is in response to something...
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...Write a REPORT based on * Key changes back to late 19 century i.e post Industrial Revolution, and also post 1st and 2nd world wars.( Many authors consider most changes occurred after the 1950’s) * Map the key most impacting changes which have affected the Seller/Buyer relationship& conduct research regarding the evolution of selling over these years. * Study historic and contemporary attitudes to sales and selling; current and past techniques, methods and attitudes towards selling. * Discuss your findings and embellish your work with plenty of examples * Look at the CRITERIA SHEET on the next page to explore the criteria against which you will be marked to help you with your tasks and allocate time and effort accordingly! * Fill in and download a criteria sheet which you will find on Bb under ‘Assignments’ and attach to your essay FOR YOUR REFERENCE….. A REPORT is.. ‘A document, which conveys information and (sometimes) recommendations from a researcher who has investigated a topic in detail.’ People who need the information for a specific purpose will usually request a report like this ’ Headings, diagrams, tables, etc may be used ensuring you SOURCE them. Title page This should for this assignment include a title which indicates the central theme of the report, tutor, module, author’s name and P number, word count Executive summary The purpose of an executive summary is to provide the briefest possible statement of the subject...
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...The Business Research Process Kelly Van Fossen Business Research / RES351 December 9, 2013 Marcus Sherrill The Business Research Process The business research process is a sequential process involving several clearly defined steps. This paper will illustrate how the process is implemented in a business environment using a real-life example. The business research process involves six stages that include clarifying the research question, research proposal, research design strategy, data collection and preparation, data analysis and interpretation, and research reporting (O’Neil, V.J). The real-life model that will be used for this paper is the case study of evaluating storytelling as a method for training at Wisconsin Electric-Wisconsin Gas Company (O’Neil, V.J.). The theory of storytelling as a method for training versus field training is the motivation for performing the research. They identified the research question (stage 1) as “Is storytelling an effective method for training Wisconsin Electric-Wisconsin Gas?” (O’Neil, V.J.). The research proposal (stage 2) was skipped in this case study. The research design strategy (stage 3) was “to determine the effectiveness of storytelling” (O’Neil, V.J.) in the case study. They used Donald Kirkpatrick’s Four Levels of Evaluation where they identified four primary questions to guide the research. These questions included participant reaction, what was learned from the technical and leadership lessons, was the behavior transferred...
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