...increase transparency. The purpose of this paper is to give a brief history on XBRL, XBRL’s implication on auditing, and the different challenges faced when implementing XBRL. HISTORY Charlie Hoffman is who coined the idea of Extensible Business Reporting Language (XBRL) in 1998. Brands (2013) stated that Hoffman saw the way to “how Extensible Markup Language (XML) could be used to share financial and business information in computer systems by employing standardized tags to define the information” (p 56). XBRL enables business information to be electronically shared, communicated, interpreted, and reused without human manipulation. With XBRL, users are able to tag or establish taxonomies to an individual item whether numerical or textual data. The use of tagging or taxonomy has made it easier to understand how the information is related to each other and how the information is calculated (www.xbrl.org). Based on AICPA.org, XBRL is able to provide the following benefits to its users: • companies and other producers of financial data and business reports can automate the processes of data collection. • streamline the preparation of business and financial reports for internal and external decision making. • facilitate convergence of accounting standards by the ability to align financial concepts among public taxonomies. • facilitate principle-based accounting because it reduces the need to worry about where...
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...The 2012 The Cathedral & John Connon Alumni Magazine Founders’ Day Brunch 2011 EVENTS Rumble in the Jungle OFF THE SHELF Amish Tripathi and Akash Shah OUT OF THE BOX Dhanya Pilo Contents 9 President’s Message Events Founders’ Day 2011 Rumble in the Jungle Memories and Mayhem School Update Summer School Spotlight Keshav Desiraju Sudha Shah Off the Shelf Amish Tripathi and Akash Shah Out of the Box Vijaya Pastala Dhanya Pilo Nostalgia Reunions First Citizen In Memoriam Mrs. Irene Saldanha Mr. Anthony Dias Class Notes The Quiz 2 5 7 9 10 13 15 17 18 21 22 25 27 29 31 33 36 68 15 13 18 Editorial Team Udita Jhunjhunwala (ICSE 1984) Miel Sahgal (ISC 1989) Shyla Boga Patel (ISC 1969) Mukeeta Jhaveri (ISC 1983) Mitali Anand Kalra (ISC 1989) Business Rohita Chaganlal Doshi (ISC 1975) Editorial support, Design and Printing 22 Kirtana Shetty Minaal Pednekar and Nikunj Parikh Spenta Multimedia This magazine is not for sale and is intended for internal circulation only. Any material from this magazine may not be reproduced in part or whole without written consent. Views and opinions expressed in this magazine are those of the individual authors and not necessarily those of the Publishers. Published by The Cathedral and John Connon Alumni Association, 6, P.T. Marg, Mumbai 400 001 and printed at Spenta Multimedia, Peninsula Spenta, Mathuradas Mill Compound, Lower Parel, Mumbai 400 013. www.spentamultimedia.com 21 36 Special...
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...AL 2012 ESTIV NA BY F BA R PORT ON RE E AV CE M AC C I S I NG P L A R E ST E ND I N TE A BY. I LOV NA EVALUATION REPORT 2012 BA R S& D U R I NG T E V E NT RE N . H E DI F F E T N OF F E R NS O H I BI T IO FOR EX ETHING OM Y HE RE IS S T R EAT WA –AG E RYONE L D! EV CLE SF I E AC TO SE E M S H R LUAT I OVED THE ATMOTPOFEMY E VA L EMEN IT RE A N D E XC NEED MO . WE HILDREN AS A C HERE W Y! T LT B A R NA B TOW N FE TH E L UZ Z A N D B E FESTIVA E. TH ORE ALIV NDS M S TH E BO HEN E STR E NGT AND SENS ITY COMMUN OVES OF . IT IMPR AGE IVE OF HERIT & CREAT RAL HE CULTU T ESFIELD MACCL .uk festival.org y ww.barnab w 1 Foreword It’s extremely gratifying that within just three short years this contemporary arts Festival has become a cornerstone of the Maxonian calendar. The town has taken enthusiastically to the idea of a revival of the midsummer celebration of its heritage, talents and interests. There was a latent hunger for a fuller cultural and community life - a hunger which helped secure the success of the Barnaby Festival. This evaluation demonstrates how the benefits to the town extend from the immediate economic impact to a more substantial social and cultural legacy. There is a widely held feeling that the Festival has been the catalyst for a growth in confidence and sense of identity, and has heralded a richer civic life in Macclesfield. Barnaby 2012 has again been a huge task for the team of volunteers and would have been impossible without the unstinting...
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...THE KING OF TERROR A Doc Savage Adventure by Kenneth Robeson · Chapter I. THE PICTURE OF DEATH · Chapter II. FRAULINO JONES · Chapter III. TWO GOOD MEN · Chapter IV. SLIP OF THE FOOT · Chapter V. THE MASTER OF MEN'S DESTINIES · Chapter VI. REPEAT PERFORMANCE · Chapter VII. IMPOSTOR · Chapter VIII. THE HANDSOME MAYFAIR · Chapter IX. PO PIKI · Chapter X. THE FRIGHTENING FACES · Chapter XI. THE UNDECIDED WOMAN · Chapter XII. TWO TO HELP · Chapter XIII. TERROR FOR HIDALGO · Chapter XIV. THE REPEAT DEVIL · Chapter XV. AGAIN AND AGAIN Chapter I. THE PICTURE OF DEATH THEY killed Doc Savage on Saturday. It was chilly that afternoon, with a little snow falling, and the snow as hard as salt particles. The wind had a hissing strength; it pounced on pedestrians and shook their overcoats and flapped their hat brims. Soldiers on the streets, and sailors in their winter-issue peajackets, blew steam on their fingers. The man with the red hat and the blue armband with the yellow cross was not used to the cold, or to the bite that winter has in New York, close to the sea. He cursed the weather fluently, with the slightly accented voice of a man who can speak several languages. His red hat and blue-yellow-cross armband, incidentally, was his own idea of a disguise. Dress in a bizarre outfit, he believed, and people wouldn't be able to recognize you when you dressed in ordinary clothes. He crossed Fifth Avenue and went into a restaurant, one of...
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...LEG 100 Business Law 1 Assignment “Marriott International Legal Advice” Gregory Budd Professor John F. Rodgers August 19, 2011 About Marriott International Marriott International Inc. is a leading worldwide hospitality company with hotels and resorts world-wide from USA to their recently opened property in Pune, India. Marriott strives to personalize each person’s stay through new and innovative ways. Marriott International has multiple brands under the Marriott name to include; The Ritz Carlton® Hotel Company, LLC, JW Marriott®, Bulgari Hotel and Resorts®, Edition TM (“Signature”), Renaissance Hotels, Autograph Collection, AC Hotels, Courtyard®, Fairfield Inn & Suites®, Springhill Suites®, Residence Inn®, TownePlace Suites®, Execustay®, and Marriott Executive Apartments. Marriott International also has a timeshare business which is positioned for further growth by the end of 2011. They are Marriott Vacation Club®, The Ritz Carlton Destination Club®, and Grand Residences by Marriott®. In total Marriott International lodging portfolio includes 3,545 properties and timeshare resorts comprising of 618,000 rooms in 70 countries and territories. Marriott International has several initiatives plan within the next 3 to 5 years. Marriott International’s biggest and continuously ongoing initiative is grater exposure in the global community by investing and protecting the world’s natural resources by “addressing environmental challenges through innovative conservation initiatives...
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...Product, Pricing, and Channels Paper Davy Ferguson, Antoinette Gardner, Adrienne Howard, Nancy Rooke, Taivonti Savage MKT/421 May 12, 2015 Dr. Christopher Whitaker Product, Pricing, and Channels Paper Meeting the Needs of the Target Market Duende is an athletic apparel company focusing on the growing demand for fashionable, functional active wear. There is a large market for the products currently offered by Duende and consumers are looking for athletic apparel in new fabrics and bright colors which broadens the scope for even more products to join the Duende product line. Today, Duende offers products such as running shoes, backpacks, hats, sunglasses, socks, protective gear, fitness devices, and yoga apparel. Duende’s research and development group is constantly surveying the market to stay in touch with latest trends. Active wear is especially appealing to those who are interested in a healthier lifestyle. Duende’s offers a product line geared toward the gym-minded professional who is interested in clothing that is comfortable and also motivational. A pair of super cute leggings works for the gym and also transitions well into the after gym trip to the grocery store. Some of our customers will purchase our products to use as leisure wear. Our customers will wear our products because they feel good, look good, and make them feel good about themselves even if they do not plan to go to the gym today. Duende offers this functionality at an affordable price. ...
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...Business 2.4 Intangible Properties 2.5 Economic Dependence 2.6 Lending 2.7 Financing of the Business 2.8 Risk Factors 2.9 Employees 2.10 Social and Environmental Policies General Development of the Business 3.1 Retail Business Developments 3.2 Financial Services Business Developments 3.3 Other Business Developments Capital Structure 4.1 Description of Capital Structure 4.2 Market for Securities Dividends Security Ratings Transfer Agents and Registrars Directors and Officers Interests of Experts 1 1 2 10 11 12 12 13 13 13 15 15 16 16 21 21 23 23 24 25 26 27 27 32 32 33 i 3. 4. 5. 6. 7. 8. 9. 10. Legal Proceedings and Regulatory Actions 11. Additional Information ANNEX A – Audit Committee Mandate and Charter Certain brands mentioned in this report are the trade-marks of Canadian Tire Corporation, Limited, Mark’s Work Wearhouse Ltd., FGL Sports Ltd. or used under license. Others are the property of their respective owners. CAUTIONARY NOTE REGARDING FORWARD LOOKING INFORMATION This Annual Information Form, and the documents incorporated by reference herein, contain forward-looking information that reflects management’s current expectations related to matters such as future financial performance and operating results of the Company. Forward-looking statements are provided for the purposes of providing information about management’s current expectations and plans and allowing investors and others to get a better understanding of our financial position, results of operation...
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...Retail Right Retail Right marketing strategy report A Blueprint to Baker’s Heaven Prepared by Adam Stone For Baxter Bakeries 23 Flinders Lane Brighton SA 5048 Australia 31/01/2015 Executive Summary Baxter Bakeries are a small business situated in the suburb of Brighton which is in the city of Adelaide and currently has a population of 14,907 people (ABS 2014). The suburb of Brighton is only ten minutes from Glenelg which is a popular tourist spot in Adelaide, and has over 50% of its population with people over the age of 45 (ABS 2014). Currently Baxter Bakeries is owned and operated by James Baxter who is an experienced pastry chef, with years of experience in making exotic and delicious pastries. James and his small team have a vision of delivering an experience to customers that not only creates a moment, but a lasting memory for the consumer. In order for James and his team at Baxter Bakeries to be able to achieve this outcome a competitive marketing strategy must be formed to ensure that this goal can be fulfilled in the near future. In order to create a competitive marketing strategy one must look at all the aspects that make up a market starting with the analysis of the market that Baxter Bakeries want to enter. In this analysis we will look at everything that could influence or create challenges for James and his team, including the buyer behaviour, microenvironment, and the macroenvironment. The purpose of looking at the buyer behaviour is that...
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...We need to appreciate the complexity of the past and not reduce history to a shallow field of point scoring. I believe that there is much that is worth preserving in the cultural heritage of our dispossessors as a nation, the Australian community has a collective consciousness that encompasses a responsibility for the present and future, and the past. To say that ordinary Australians who are part of the national community today do not have any connection with the shameful aspects of our past is at odds with our exhortations that they have connections to the prideful bits. If there is one thing about the colonial heritage of Australia that indigenous Australians might celebrate along with John Howard it must surely be the fact that upon the shoulders of the English settlers or invaders-call them what you will, came the common law of England and with it the civilised institution of native title. What more redemptive prospect can be painted about our country's colonial past?(65) From this perspective, the black armband view of history is a strand of 'political correctness'-the dominant but erroneous view of how we see ourselves and what we see as worthwhile in our culture. Historical understanding cannot be fixed for all time, Out of the present emerge new problems that require a re-examination of the past. The question we must ask is not “does history have to be rewritten?” but “does the re-evaluation of history lead to the discovery of historical truth?” In other words, does...
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...Private Labels Private label brands were traditionally defined as generic product offerings that competed with their national brand counterparts by means of a price-value proposition- first developed by Sainsbury in the U.K. in 1869 (Collins & Bone, 2008), these products often sacrificed quality to reduce costs and appealed primarily to lower-income consumers.. Often the lower priced alternative to the “real” thing, private label or store brands carried the stigma of inferior quality and therefore inspired less trust and confidence. There was no attempt to make them anything more than just a ‘value pay’ and retailers evolved these products often referred to as private label. These are terms consumer use interchangeably, but the market has actually changed quite considerably. Retailers continued to push more and more private label products into different categories of the marketplace because they represented high margins and the promise of profitability with little to no marketing effort . The first value brand was Tescos Value range, launched in 1995; today, it includes over 2,000 products in food and non-food categories (Collins & Bone, 2008). Other retailers quickly followed suit creating their own value lines. In India private label penetration began in the mid-2000s when retailers established organized retail format stores across the country. - Organized retail occupies a small percentage of the overall retail market in India. Traditional forms of retail, such...
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...Alexander McQueen Of BLACK Kuankuan Wang Po-Yu Tso Jia Qian Alexander McQueen of BLACK 1. INTRODUCTION................................................................................................................................................................................4 2. THE BUSINESS (Parent Business) 2.1 Business Description Mission.................................................................................................................6 2.2 Mission/ Vision/ Volues..............................................................................................................................7 2.3 Brief History of the Business...................................................................................................................9 2.4 Business Structrue Company Resources..........................................................................................10 2.5 Current Strotegies.....................................................................................................................................13 2.6 Current 4PS................................................................................................................................................13 2.7 Competitive Advantages.........................................................................................................................16 3.BRABD EXTENTION: THE MARKETING PLAN 3.1 MARKETING OBJECTIVES 3.1.1 Marketing Goals........................................
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...Images questions Chicago Fair- White City midway The white city worked as the ideal city in the United States Architecture and the systems (electricity, sanitation, regulation upper middle class dream of city Architectural hall, amusement zone Control not only civic centre also over the fun zone. Exterior warehouse kind of interior. urban space consumerism department store. Everything is about the show. fasade- architectural building part Industrialization nationalism provide claim Czech Slovakia Finland Nationalism was big theme for Paris Universelle De Paris 1889 Ethnic idea accentual of Frenchness. Americanness The darker side of nationalism in the racism Colonial Empire (Phillippines) ideal of progress civilization get better and better civilized uncivilized Louisiana Purchase 1904 idea of amusement zone in fair control by the same corporation social practice etc. People want to be not just educated but also make it fun Midway was kind of confused area. Music Hall, Saloon, real urban place high aspiration...
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...Product Liability and Legal Ramifications Christopher M. Branch MBA 5861 New Product Marketing 08/13/2013 Christopher Branch MBA 5861 Term 1A Dr. David Castle 08/13/2013 Product Liability and Legal Ramifications The next time you walk into a retail store like Wal-Mart, Target, Home Depot, Office Depot, Babies R’ Us/Toy R’ Us, you will see a board, typically in plain sight of the viewing public, with sheets of papers titled “Product Recall” or Safety Recall or something of the like. Recalled items run the gamut of consumers good and are generally recalled because of a safety or health concerns. The Food and Drug Administration regularly issues recalls or public safety notices for Medical Products, Pharmaceuticals, Tobacco, and contaminated food items. Product Liability is the responsibility of manufacturers, distributors and sellers, they are expected to act in the best interest of the public; to deliver a product free of defects which can harm an individual or persons; and to make good on that responsibility if their products are defective. These can include faulty auto brakes, contaminated baby food, exploding bottles of beer, flammable children's pajamas, or lack of label warnings. The key element in products liability law is that a person who suffers harm from a product need not prove negligence, since the negligence is "presumed" and the result is "strict liability" (absolute responsibility) on the seller, distributor and manufacturer. An injured person...
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...[Author] [Institution] Introduction Globalization Over the recent decades, particularly after the fall of the Iron Curtain, the methodology of globalization got quicker and popular in so many economies. The most capable variable of globalization is finance, showed in the vicinity of transnational partnerships working in numerous nations and utilizing the new verifiable conditions further bolstering their good fortune. Globalization has an impact on virtually every aspect of our daily lives. For example, the clothes that we buy from a local retailer, incoming network Woolworths; can be manufactured in Australia or China. Entering into an outside business sector is similar to running across new domain for entrepreneurs. Remote nations have diverse laws, economies, business methodologies and coin. Social contrasts can additionally obstruct a nation's prosperity. Despite the fact that each business ought to suspect a tremendous learning bend, entering a remote business sector could be simpler with the reception of a couple of techniques (Krishna, 2005). Coca Cola One of the most popular carbonated drinks in stores, restaurants, and confection machines is coca cola and not just in one or two countries but it has got its operations worldwide. It is conveyed by The Coca-Cola Company of Atlanta, Georgia, and is customarily suggested fundamentally as Coke (an enlisted trademark of The Coca-Cola Company in the United States since March 27, 1944). In the first place...
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...SD College Sector 32C, Chandigarh Dear Business 100 – XYZ Investors, We have responded to your request regarding an analysis of the Canadian Tire Corporation and in this report you will find the information about the Company and their recent corporate activity. We have identified various points that will be useful in your decision to invest in this company. We have included information regarding Canadian Tire’s history, the products and services offered by them, and an analysis of the internal and external factors that affect the Corporation’s operations. We have also assessed the critical issues the company is currently facing along with their major implications. In order to see the direction in which the company is head, we also evaluated their vision, mission and long term objectives and strategies, followed by a sound strategy assessment. We have also analysed the company’s marketing strategy in regards to three of the products that they offer and also an overview of the marketing mix pursued by the company in general. We collected data regarding their financials of the past three fiscal years, and checked their sources of capital. Lastly, we have provided conclusions and our recommendations about the company keeping in mind the overall shape of the company’s future operations. We hope that this report guides you in your decision to invest in this company. Sincerely, Star Investors This letter would be even better if it had several paragraphs! 2012 INVESTOR ANALYSIS OF ...
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