internal control over financial reporting as of September 27,2009, has been audited by Deloitte & Touché LLP, and independent registered public accounting firm. Deloitte & Touché LLP indicated that Starbucks maintained all material respects, effective internal control over financial reporting based on the standard of the Public Company Accounting Oversight Board Stock Starbucks is registered in the NASDAQ under the symbol SBUX. As of April 26, 2011 Starbucks company stock is $36.87 and
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Contents Letter from the Chairman Operating Highlights Financial Highlights Corporate Information Notice of the 22nd Annual General Meeting Directors’ Report Management Discussion and Analysis Corporate Governance Report Auditors’ Report Balance Sheet Statement of Profit and Loss Cash Flow Statement Notes to the Balance Sheet and Statement of Profit and Loss Statement relating to Subsidiary Company Consolidtated Statement of Accounts Attendance Slip and Proxy 02 04 05 06 07 16 24 29 47 52 53 54 56
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Contents Letter from the Chairman 02 Operating Highlights 04 Financial Highlights 05 Corporate Information 06 Notice of the 22nd Annual General Meeting 07 Directors’ Report 16 Management Discussion and Analysis 24 Corporate Governance Report 29 Auditors’ Report 47 Balance Sheet 52 Statement of Profit and Loss 53 Cash Flow Statement 54 Notes to the Balance Sheet and Statement of Profit and Loss 56 Statement relating to
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consistently for asset capitalization and depreciation in a manner that is consistent with the objectives of a business organization’s objectives. The guidelines will also show how to deal with the matter in accordance with the Generally Accepted Accounting Principles (GAAP). Scope The scope of this policy includes any assets categorized as property, plant and equipment. It also covers furniture and fixtures, computer software and hardware, leaseholds or capital improvements. The policy is
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CASE STUDY: NORMAN CORPORATION Case 8-1: Question 1 1. Female employees sued the company for $250,000. Large number of similar suits had been filed in other companies but results are varied. Norman outside counsel thought the company probably would win the suit but pointed out that decisions thus were divided and it was difficult to forecast the outcome. No provision had been made in financial statements. Answer: The transaction should be recognized based on the following points:
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through lease arrangements. Lease transactions involve two parties: the lessor, who owns the property, and the lessee, who gains the right to use of the property in exchange for one or more lease, or rental, payments. | | Types of Leases | | In chapter 19, you will find a description of the five most important types of leasing arrangements, which include 1. operating lease, 2. financial, or capital, lease, 3. sale-and-leaseback arrangement, 4. combination lease, and
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Industry Analysis The food retailing and distribution industry generates year-round sales and is Canada’s second largest commercial sector. It is characterized by severe competition and low margins. While recent quarters in the industry have seen rising food prices, a price slowdown is predicted by industry experts to occur within the upcoming months. This slowdown is the result of the current economic downturn, which caused retailers to engage in aggressive price wars. To mitigate significantly
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Angie Servellon HSC 405 Professor Joseph Shin These paper we have to discuss the simulation paper in which we analyze the financial indicators to make a decision. In this simulation the financial accounting from Elijah Heart Center a Cardiac Care hospital having a working capital shortage ("Analyzing Financial Indicators for Decision," n.d.) and have taken a preventative evaluation on how the funding option should be used when it comes to acquiring medical equipment, and the possibility of financing
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Nisan Williams 10/22/2014 Acct 551 Week 7 Course Project The Proctor & Gamble Company (P&G) Note 1 SIGNIFICANT ACCOUNTING POLICIES Identifying significant accounting policies helps Proctor & Gamble to interpret its financial statements and facilitate better financial presentation of its franchise. The Nature of company’s operations The Proctor & Gamble Company (the “Company”, “we” or “us”) provides over 300 branded consumer products in more than 160 countries. Their billion-dollar
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fair lease value payments ** present value of an ordinary annuity of $1: n=10, i=11% (b) $101,881 x 5.88923** = $600,000* lease leased asset/ payments lease liability * rounded ** present value of an ordinary annuity of $1: n=10, i=11% Situation 2 (a) $980,000 ÷ 9.12855** = $107,355 fair lease value payments ** present value of an ordinary annuity of $1: n=20, i=9% (b) $107,355 x 9.12855** = $980,000‡ lease leased
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