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Assume that management of a company wanted to modify a share-based award because of non-achievement due to deteriorating business conditions, and also because they believed that a cost reduction in the original share-based award was reasonable.
1. How might they achieve these objectives under IFRS?
2. In order to achieve the same objective under US GAAP, would management have to structure the transaction in the same was as they would under IFRS?
carol keene corporate comptroller for dumaine industries is trying to decide how to present property plant and
robinson enterprises purchased 56000 pounds cost 420000 of direct material to be used in the manufacture of the
P Corporation acquired 80% of S Corporation on January 1, 2011 for $240,000 cash when S's stockholders' equity consisted of $100,000 of Common Stock and $30,000 of Retained Earnings. The difference between the price paid by P and the underlying eq..
bonds issued at a premium bunkichi corporation issued the following bonds at a premiumdate of issue and
"I would like to use LP, but it's a technique that operates under conditions of certainty. My plant doesn't have that certainty; it's a world of uncertainty. So LP can't be used here." Do you think this statement has any merit? Why or why not? ..
Blue Corporation, a cash basis taxpayer, has taxable income of $700,000 for the current year. Blue elected $80,000 of § 179 expense. It also had a related party loss of $30,000 and a realized (not recognized) gain from an involuntary conversion of..
Sipple Furniture's master budget for the year includes $360,000 for fixed supervisory salaries. What is Sipple Furniture's supervisory salaries budget (spending) variance for August?
production workers for bianco manufacturing company provided 3600 hours of labor in january and 1900 hours in february.
apply your knowledge decision cases case 1. the following questions are not related. 1. duncan brooks co. needs to
Assume that the only change in the original example data is that Blue Cross raises their discount to 20 percent. What price should be set?
you recently decided to enter the world of politics due mostly to your frustration with your local governments spending
you are auditing the balance sheet section of a clients balance sheet as of 12312010. you see that there is a 1000000
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