Functional Currency Determination Case 10/10/2011 ABSTRACT In the dynamic global market‚ companies of all sizes‚ whether small‚ medium or transnationals interact with foreign companies and in most cases operate with currencies that are different from those that they commonly use. Foreign companies use foreign currencies for their expenditures‚ hedging strategies‚ and investing and financing activities. As a result these business activities must be reflected on the financial statements in the
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Deloitte & Diversity Summary of Deloitte: Deloitte is one of Canada’s leading professional services firms. They provides audit‚ tax‚ consulting‚ and financial advisory services. Deloitte values diversity and takes concrete steps towards inclusion of women‚ visible minorities‚ recent immigrants‚ aboriginals‚ etc. Each year‚ they publish an annual diversity report. Deloitte was selected as a “Best Diversity Employer” in 2012 by the Mediacorps editors among the 2012 Canada’s Top 100 employers project
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How did the problems at Deloitte & Touché occur in the first place? The problems Deloitte & Touché experienced were because of neglect‚ they neglected to keep their companies policies and procedures up-to-date with their changing employee status. They did not create a sense of urgency for these women‚ so the women acted as if they had no obtainable goals in their future with this company. The company’s employees had visions and ideas but the company gave no place for their employees to progress
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Definition of Problem: The problem faced by Deloitte & Touche is how to best manage the merger with Andersen in order to move beyond being two merged organizations into a unified‚ market-leading organization. Deloitte must minimize the negative effects the change will have on the productivity of the organization and they must have a focus on minimizing the effects on current clients. It is important for Deloitte to create one corporate culture and focus on creating a cohesive team out of a currently
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Name 11-5 Class Date Puzzle: Can We Set a Data? Analyzing Data The table below shows results from the 2008 Summer Olympics in Beijing‚ China. Use the data to answer the questions below the table‚ and determine the host countries for the 2012 Summer and 2014 Winter Olympics. Summer 2012 Finalists 1. Country with the closest score to the archery mean: 2. Country with the median time in sailing: 3. Country with 3 more points than the median of upper part in handball: 4. Country with 1.5 fewer
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Introduction SKS Manufacturing has recently hired Deloitte & Touche as they are in a critical cash position with various internal inefficiencies in their procurement and production processes. Deloitte & Touche and SKS Manufacturing will need to work together in order to solve the issues present at SKS Manufacturing so they can be successful within the automotive parts industry. Issues & Analysis There are three key issues that are present at SKS Manufacturing that need to be systematically tackled
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Date: 19 September 2013 To: CFO Subject: Halibut Contract Mr. CFO: Accounting Method for Halibut Contract It has recently come to the attention of our audit team that a change in accounting methods has been proposed to LabCo’s contract with Halibut. The current accounting method is percentage-of-completion‚ while the plan proposed is a switch to the completed contract method. During our investigation into this matter‚ we analyzed the codification and validation for the percentage-of-completion
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Finding and Developing Employee Talent at Deloitte – A Case Study 1. Using the descriptions of different behaviors‚ attitudes‚ and abilities that Deloitte seems to deem desirable in its applicants‚ describe the key personality characteristics that you think the company is seeking in its employees? Explain the reasoning behind your answer. It appears that Deloitte is seeking applicants with an internal locus of control; those persons who look inward for motivation and believe that they
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Case 11 Horniman Horticulture 1. What is your assessment of the financial performance of Horniman Horticulture? a. Horniman has strong profitability and no long term debt. Revenues are growing and the net profit is growing with it. They have continued to grow revenues while keeping COGS stable at 48-53%. SG&A is also a steady 38-39%. In addition the ROA and ROC are both way above industry standards. However‚ the company’s cash available has dramatically decreased from 11 to less than 1% over the
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MGSC1206 Fall 2013 Due: Nov 1st‚ 2013 12:00 noon Assignment #2 Notes: (a) Assignments are to be done individually. (b) Be sure to use correct notation and show how you find each answer. (c) Assignments are to be remitted to the correct drop box on the second floor of Loyola. (d) No late assignments will be accepted. (e) Before beginning this assignment‚ you should have completed the following: • Reviewed the class examples • Completed the Algebra tutorial and related material‚ as
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