Off the Balance Sheet Robert W Tully Keiser University Abstract This paper briefly identifies what VIEs are and the purpose of FASB Statements 166 and 167. As with any freedom there is also responsibility, when this responsibility is neglected, authority must intervene. Off the Balance Sheet Thank you for reading this research paper on off balance sheet arrangement, variable interest entities, and noncontrolling interest. The author will attempt to present this paper in his own words
Words: 1699 - Pages: 7
Chapter One: The Canadian Financial Reporting Environment Accounting is the identification, measurement, and communication of financial information about economic entities to interested persons. Stakeholder Investors/creditors Management Securities commissions and stock exchanges Analysts and credit rating agencies Auditors Standard Setters Various What is at stake? Investment/loan Job, bonus, reputation, salary increase, access to capital markets by company Reputation, effective and efficient capital
Words: 14327 - Pages: 58
Assignment 1: Business Combinations Cindy Yoon Professor Robert Neely ACC 401 – Advanced Accounting October 24, 2013 Abstract In this paper, I will provide an explanation for the business combination method I selected in expanding the corporation by acquiring another firm, the reason for selecting that business combination method, and how the purchase will grow the business. I will also analyze the accounting requirements for the business combination method I selected and how I determined
Words: 1726 - Pages: 7
What is XBRL? What is XBRL? May 2008 Charles Hoffman, CPA (Charles.Hoffman@UBmatrix.com) 1 What is XBRL, the 50,000 foot Perspective Let's first take a look at XBRL from altitude, from the 50,000 foot "big picture" perspective. 1.1 Definition definition of XBRL (from Wikipedia, see XBRL (Extensible Business Reporting Language) is an open standard which supports information modeling and the expression of semantic meaning commonly required in business reporting. XBRL is XML-based
Words: 4615 - Pages: 19
British Airways Plc Annual Report and Accounts Year ended 31 December 2012 Company registration number: 1777777 This page has been intentionally left blank Contents Officers and professional advisers 1 Business review and Directors’ report Business review Management review Financial review Internal controls and risk management Directors’ report 2 5 8 12 Directors’ responsibilities statement in relation to the financial statements 14 Independent auditors’ report 15
Words: 42054 - Pages: 169
Chapter 11 Property, Plant, and Equipment and Intangible Assets: Utilization and Impairment Questions for Review of Key Topics Question 11-1 The terms depreciation, depletion, and amortization all refer to the process of allocating the cost of property, plant, and equipment and finite-life intangible assets to periods of use. The only difference between the terms is that they refer to different types of these long-lived assets; depreciation for plant and equipment
Words: 16063 - Pages: 65
DR. RAJESH MOHNOT [pic] THE CASH COW GROUP Team Members |MISIS Number: [pic]M00430783 |Esma Deniz Zsobrak | |MISIS Number: M00435406 |Fatima Bahman | |MISIS Number: M00431422 |[pic]Jiebo Li | |MISIS Number: M00431534 |Khushboo Rajendra Bhatia | |MISIS Number: M00333349
Words: 3184 - Pages: 13
Class 1830 – 1950, Section WFP Term 1, A.Y. 2014-2015 October 10, 2014 Submitted by: AÑORA, Maria Wilvenna DELLAMAS, Gina LAGUARDIA, Carlo Gerard PANCHO, Mildred REGIDOR, Jonas RICAFORT, Allan Cris Submitted to: Dr. Arthur S. Cayanan EXECUTIVE SUMMARY The Case Analysis concentrated on the accounting practices employed by Stirling Homex Corporation which is a result of the SEC’s clarification of the Company’s revenue recognition methods. Specifically, the analysis focused on the company’s revenue
Words: 3234 - Pages: 13
Annual Report June 2012 June 2012 Annual Report SKY NETWORK TELEVISION LIMITED Contents 1 3 4 10 16 20 23 24 27 28 29 30 31 32 34 77 78 79 83 85 89 90 91 92 Highlights Chairman’s Letter Chief Executive’s Review Business Overview Financial Overview Board of Directors 2012 Financials Financial Trends Statement Directors’ Responsibility Statement Income Statement Statement of Comprehensive Income Balance Sheet Statement of Changes in Equity Statement of Cash Flows Notes to the Financial Statements
Words: 37796 - Pages: 152
The attached assignment is NOT a model answer but rather an indication of how one syndicate group approached the problem set for that semester. It was one of the better papers but ……… Please note that the Executive Summary portion received a fail as it did not concentrate on what the group had recommended – the alternatives and why which one was chosen. They did, however, develop some alternatives, discussed them and then decided which one should be selected within the main body of the paper
Words: 10592 - Pages: 43