Case Solutions Deloitte Essay - 5656 Words

Addenda Summary-2011 Note: Due to the issuance of certain new accounting literature, changes in the status of ongoing projects during the past year, or evolution of practice, the following updates to the existing cases should be noted. Case 03-5a Part I: Trademark Subsequent to the release of the Exposure Draft issued by the FASB and IASB in June 2010 the Boards received a number of comments and is currently reviewing and analyzing these comments. A revised draft of the Exposure Draft is expected in Q3 of 2011. We encourage users of this case study to follow this project and review the FASB’s and IASB’s Web site for updates. Case 04-9: Healthcare Depot On April 22, 2011, the FASB issued a Proposed Accounting Standards Update,†¦show more content†¦The proposal replaces such examples with the factors noted above for the qualitative assessment. We encourage you to check the FASB website for further details and developments. You can also check Deloitte.com for Deloitte publications on proposals and final standards as they are issued. The FASB’s project is not expected to affect the conclusions in this case. Case 05-6: Centcom, Inc. In May 2011, the IASB issued IFRS 10, Consolidated Financial Statements, which replaced IAS 27 and SIC 12. IFRS 10 is effective for annual periods beginning on or after January 1, 2013. Early application is permitted under specific circumstances. Under IFRS 10, control is the single basis for consolidation, irrespective of the nature of the investee; this standard therefore eliminates the risks and rewards approach in SIC-12. IFRS 10 identified three elements of control: †¢ †¢ †¢ Power over the investee Exposure, or rights, to variable returns from involvement with the investee The ability to use power over the investee to affect the amount of the investor’s returns. IFRS 10 would change the analysis for this case; however, Centcom would likely continue to consolidate Britel. Case 07-03 Part 1: Columbia On-Line Networks Subsequent to the release of the Exposure Draft issued by the FASB and IASB in June 2010, the Boards received a number of comments and isShow MoreRelatedCase analysis: Deloitte Touche (A): A Hole in the Pipeline Analyze the case and argue whether or not the change process is successful. Recommend solutions.1429 Words   |  6 PagesIn Deloitte Touche, women had accounted for almost half of all new hires throughout the 1980s, yet by 1991, of the 50 candidates being nominated for partnership on that year, only four were women. There was serious imbalance of male and female gender in the workforce despite steps to ensure that the firm would be hiring women during the 1980s. Moreover, the high turnover of women leaving was accruing huge expenses for the firm . 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