Deloitte

used internally or externally. For internal use the costs are capitalized while the application is under development. Conversely, when it is developed for external use then the software is capitalized when the software becomes readily available (Deloitte 2008). The similarities between IFRS and GAAP are helpful in aiding the convergence between the two methodologies. However, even with these agreements accounting for intangible assets should still be handled responsibly. In a report from the U.K…

The demographic trends are a great market opportunity for the medical device industry. Indeed, in both developed and emerging countries, demographic trends have lead to a growth in the biomedical industry. These include an aging population leading to an increase in life expectancy, a growing population and rising wealth, and finally an increase in chronic diseases. All are favorable factors to the medical device industry, which increase its global market share. The aging population impacts…

The concept of utilitarianism gives rise to a question- What do human beings stand to gain from giving autonomous machines the power to make decisions for us? In order to answer this question, we have to firstly, consider the cost-benefit analysis of autonomous machines substituting human beings in the decision making process. “Replace one human worker with a general-purpose artificial intelligence, and the total unemployment of the species is yours for the extrapolating”- Stuart Armstrong From…

CONFERENCE SESSION: SUSTAINABLE ENERGY FUTURES ENERGY STORAGE FOR ELECTRICAL GRIDS: CURRENT STATUS AND TECHNOLOGY PROSPECTS? Theologos Bamparoutsis Student Engineer School of Engineering, University of Edinburgh King’s Buildings, Edinburgh, EH9 3JL, Scotland, UK Summary A green electricity grid which will be able to meet the growing energy demand, and fulfil the network’s requirements, is one of the main goals of the energy industry, and along with renewable energy sources, electricity storage…

Nuclear Energy In this report the only form of nuclear energy that will be discussed is sodium cooled Fast Neutron/breeder Reactors (FNR). Nuclear reactors work by the fission of a heavy element, most commonly Uranium-235 (U-235) into two smaller elements through the bombardment of the atom with a neutron. With the fission of the heavier element along with the production of two lighter elements, high energy photons (gamma radiation) and neutrons are also released. The neutron produced causes a…

INTRODUCTION: The meaning of Tourism is the limited period travelling for recreation, leisure, and family visiting purposes. Tourism is generally concise with trans-national travel, but it is also associate with travel of some other region within the country (John Swarbrooke, 2001). Tourism becomes the popular recreation activity now days around the globe. It relates to both domestic and international. International tourism create a good influence on country's balance of payments either it is…

Introduction In the year 1986, an Italian businessman who goes by the name of Silvio Berlusconi bought an 87 year old club called AC Milan, which was then languishing in the bottom tier of the Italian Serie A. The now ex- prime minister of Italy took the club to great heights by pumping money into the club and straight away bought the biggest names in football in the late 1980’s. As soon as he took over, Milan’s most successful period began as they went on to win an unprecedented number of…

their operating practices by creating efficiencies, reducing resources used, and minimizing overall impact. Some UPS recent achievements include: · 2011 greenhouse gas inventory verified by Société Générale de Surveillance and assured by Deloitte & Touche LLP · Reported global enterprise CO2e emissions for Scopes 1, 2 and 3 · Reported on six categories of the new Scope 3 (corporate value chain) standard for greenhouse gas emissions · Achieved a 7.8% reduction in…

the greatest credit crisis since the very beginning time of Tesco. As the financial falsification case was impeached and exposed by its staff, 8 senior executives were suspended successively. And according to a comprehensive auditing carried out by Deloitte & Touche later, Tesco had a higher overstated figure, is 263 million pounds. Tesco released its first-half performance report in October 2014, the half-year sales volume in 2014 decreased by 46%, along with operating profits fallen to 937…

In any organization, business, project or even a venture it is very important as well as vital that resources of all kinds are properly identified and utilized to get maximum performance. For that it is important that company and its management delves deep into processes and strategies and identify both abundant resources (un-utilized) as well as scarce resources and device a strategy to make good use of them. Now resources can be human, natural and capital at the same time they can also be…