We used the new revenue recognition standards to identify the performance obligation. In this case, CoAx’s performance obligations to CableCo are the production of 1,500 feet of fiber-optical cable for $3 a foot and delivery of the cable to the carrier. According to Deloitte’s Heads Up: Revenue Standard Finally Recognized: Boards Issue Guidance on Revenue from Contracts with Customers, “Under the ASU, a performance obligation…
Weatherford International is one of the biggest multinational oil and natural gas service companies. It provides varies services and products such as for drilling, evaluation, completion, production and intervention of oil and natural gas wells. The scandal on Ernst & Young LLP, it involved the violations of federal security laws and unprofessional conduct. According to records Ernst & Young LLP served as a tax partner, external auditor, and coordinating partner for Weatherford International a…
1.First, the "carbon tariff" The concept of "carbon tariff" most early by former French President Jacques Chirac put forward is that if a country's production of the product does not reach the standard set by the importing country in energy saving and emission reduction, will be levied tariffs. In 2009 France proposed in 2010 will to foreign imports impose a "carbon tariff", the tariff rate will be for per ton of carbon dioxide emissions charge Euro 17, later also will be gradually increasing…
Wealth, helped the american people by making oil affordable to the masses and creating new ways to use the by-products of refining oil. Through the life of John D. Rockefeller, he influenced the United States especially with his philanthropy, founding standard oil, and making oil accessible to the masses. Rockefeller was born to William and Eliza Rockefeller. Rockefeller went through high school, then enrolled into a business school graduating after a year. Rockefeller thought…
Greenhouse Accounts. Approved and designated emission factors (which are national average factors determined by department of climate change) are used to determine, estimate and calculate emissions of greenhouse gases by various organizations, (Standards Australia, 2009). Method 1 is most useful in emissions with relatively homogenous sources, an example being in the combustion of liquid and solid fossil fuels whose combustion and greenhouse emissions are similar across most facilities.…
As we know, directors are appointed by shareholders to manage a business. According to the law, directors have general power of management and members cannot override the decisions of the board. Directors have great power to control business activities. The law designs a series of directors’ duties to make sure the directors manage the company responsibly basic on interests of the company. However, whether those duties are effective in legal practice is a debate. In my opinion, the duty to act…
industry standards. Following 1970, Congress again passed the clean Air Act as the automobile industry is growing fast and high competitive hence having these laws enacted in curbing behavior change and instilling sense of responsibility to the users and the automakers, with focus on sustainability of the environment. Vehicle emission Environmental challenges…
The aim of my quantitative research project is to discover the obstacles of international student at IPU when communicating in English. After planning the research specifically, three main themes are found carefully by the researcher: • Participants characteristic. • Students’ perspective on their English learning. • Relationship between current study program and the barrier of communicating in English. . In order to avoid rambling writing, creating specific themes can make the researcher…
globalization (the elephant) as a whole, since each aspect is important, and looking at just one can cause confuse the true nature of globalization. Globalization is a controversial term; for example, some experts believe everyone benefits and the standard of living is rising, whereas other critics point out the growing disparity between the rich and the poor, and point out that everyone is affected differently by globalization. As Steger argues, globalization is a process, not a condition,…
attempted to study on Great Depression to gain a lesson. Friedman claimed that policy makers could not take proper actions depended on the radical changes in the international environment after the First World War ended. However, he only considered a single factor and excluded other important factors such as Customs Law and international monetary system. On the other hand, Samuelson advanced an opinion that chains of historical events were fortuitously coincided. However, his opinion did not…