Premium Essay

Ida’s Impairments

In:

Submitted By mnjundi
Words 991
Pages 4
Ida Inc. (Ida) is a manufacturing company with operations in the United States and Spain. As a U.S. subsidiary of a U.K. entity, Ida prepares its financial statements in accordance with (1) U.S. GAAP for reporting to its U.S.-based lender and (2) IFRS in reporting to its parent. U.S. Operations In addition to other assets, Ida owns and operates a commercial building in the United States that is carried at its cost less any accumulated depreciation and any accumulated impairment losses. As of December 31, 2010, the building represents: • • A cash-generating unit (CGU) under IFRS. A long-lived asset classified as held and used under U.S. GAAP.

In December 2010, one of Ida’s competitors sold its commercial building for an amount significantly less than its asking price. The competitor’s building is located across the street from Ida’s building, has approximately the same square footage, and was built five years after Ida’s building was constructed. In preparing its 2010 financial statements, Ida’s management has provided the following information regarding the building as of December 31, 2010 (assume these values have been evaluated by Ida’s independent auditor and found to be reliable):

Ida’s Building Currying amount Value-in-use Fair market value less cost to sell Fair market value Undiscounted future cash flows
Spanish Operations

12/31/2010 (in thousands) $4,500 $4,000 $3,800 $3,900 $4,200

In 2008, Ida acquired a plant factory located in Spain. Assume that the Spanish factory operations as a whole (all assets) represent a CGU under IFRS.

ACCT 301 Dr. Ammr K. Kurdi

Term 121 Dec. 22, 2012

At the end of 2008 and 2009: • • Under IFRS, the recoverable amount of the CGU exceeded its carrying amount. Under U.S. GAAP, the fair value of the reporting unit exceeded its carrying amount.

Therefore, the Spanish factory was regarded as unimpaired.

Similar Documents

Premium Essay

Choosing Oralism or Deaf Culture for a Hearing-Disabled Child of Hearing Parents

...Introduction When a child is diagnosed as deaf, parents are faced with a critical decision to make in the first few years of their child’s life. Deafness as defined by the Individuals with Disabilities Education Act (IDEA), means “ a hearing impairment that is so severe that the child is impaired in processing linguistic information through hearing, with or without amplification, that adversely affects a child's educational performance” (34 Code of Federal Regulations [section]300.8[c][3] [2013]). Parents can choose to either communicate with the child in English, the major language of society, or teach the child manual language such as ASL and become a part of the Deaf culture. This decision is especially hard for parents to make who were never exposed to the non-hearing world before, and see deafness as a medical problem that needs to be fixed. This can become critical for the child’s future years and development as a person in the society since the child will always be viewed and judged as different. It is mandated that each child with a disability will be viewed individually to make the best decision in how to treat and help the child. The oral approach, audism, is a method in which children learn to use whatever residual hearing they have, in combination with lip-reading and contextual cues. The children will also thus use an auditory approach, in which they receive amplification devices to correct their hearing and to make use of the residual hearing they have as much...

Words: 3515 - Pages: 15

Premium Essay

Eating Habit

...Glossary Auditory Cortex: The region of the cerebral cortex that receives auditory data from the medical geniculate body also called auditory area. Audiologist: Individual trained to identify, diagnose, measure and rehabilitate hearing impairments. Audiometer: an instrument for gauging and recording acuity of hearing Cochlea: a spiral-shaped cavity forming a division of the internal ear in humans and in most other mammals. Communication: the act or process of communicating; fact of being communicated Conductive: having the property or capability of conducting Deaf: partially or wholly lacking or deprived of the sense of hearing; unable to hear Disability: a physical or mental handicap, especially one that prevents a person from living a full, normal life or from holding a gainful job. Ear Canal: the narrow, tube like passage through which sound enters the ear. Hearing Impairment: a reduction or defect in the ability to perceive sound. Hearing Aid: a compact electronic amplifier worn to improve one’s hearing, usually placed in or behind the ear. Mild Deafness: mild hearing loss is typically classified as a hearing loss of around 26 to 45 decibels. Moderate Deafness: people with moderate deafness have some difficulty in following speech in most settings, but can generally. Meningitis: the inflammation of the meninges around the brain and spinal cord is called as meningitis. It leads to swelling around the brain and spinal cord, leading to headache, stiff neck and...

Words: 438 - Pages: 2

Free Essay

Management Accounting Environment

...Question 1: The Management Accounting Environment Word Count allowed 500 – Actual word count 536 a) How Management Accounting can contribute to competitive advantage and competitive strategy b) How Management Accounting Information can be used for the proposed strategy GTH Ltd manufactures hearing aids and other innovative products for the deaf community; the business is looking at the differentiation strategy and the possibility of expanding into foreign markets, specifically developing countries. Management accounting focuses on subunits of the business, which allows the analysis of a variety of aspects of the business, such as processes, departments and specific products to ensure that the actual results are tracking close to the plans. Whereas financial accounting is an overall view of the business which produces reports for the external stakeholders and must adhere to the NZ accounting standards. Management accounting is not governed by such standards, if something can be measured it can be analysed, controlled and influenced. The differentiation strategy of innovation means that GTH Ltd needs to continually design and develop innovative products. Management accounting information is important and it must be received by managers in a timely manner so that production processes can be changed rapidly in response to innovations within the R&D team and in response to changes in the competitive environment. Management accounting can track the innovations...

Words: 622 - Pages: 3

Premium Essay

American Sign Language

...The Silent Society: Being Deaf Deafhood and Epistemology When considering the epistemology of deafness, one must consider the history of how deafness has evolved. The history of deafness comes from the ignorance of those who could not understand how people who had a disability were different from them. It was easier to place these types of “folks” in intuitions and not deal with their needs. Understanding the deaf community comes through understanding the culture and the history that allows the deaf to have a “voice” and provide them with the necessary services that make the deaf more human. Through mental health, hearing assessments, and trauma, there is an understanding that even though they may not live in the hearing world, there are still apart of society. How they function as a community is important, as they too have a voice. Deafhood is described as “static”, not a medical condition; however, it is a process-a struggle that is endured by every child, adult, and family to explain themselves, and each other their own existence within their world (Hauser, O’Hearn, Steider, &Thew, 2010). Epistemology can be defined as the philosophy that investigates the origin, nature, methods, and limits to human knowledge. When dealing with deaf epistemology, there are many facets to which it can be understood and misunderstood. The authors discuss the visual learning process that a Deaf child goes through by being raised by either a Deaf parent or a hearing parent....

Words: 3079 - Pages: 13

Free Essay

Communication in a Nursing Home

...Late in life, elderly adults begin to experience changes in their communications skills. Physical disability often means they must move to the nursing home, too. Part of the onset of disability is the deterioration of hearing and vision. Therefore, it becomes necessary for nursing home staff and visitors to learn to communicate compassionately and effectively with elderly and disabled residents. Some elderly adults may not have exercised communication skills recently due to diminished contact with relatives, friends, community activities, and the working world. Furthermore, age-associated disability and their treatments - i.e. medications - can seriously limit communication skills among the elderly and disabled. Whether minor or serious, these changes in basic communication skills pose a potential obstacle for optimal relationships with nursing home providers. If compassion and understanding are not applied by the nursing home community, then the opportunity to maintain the elder's self-esteem and satisfying communication decline. Tips for Good Communication in the Nursing Home The following recommendations will improve communication with the elderly, disabled and hearing impaired; not only in the nursing home, but in any setting: Body language is very important. Try to position yourself at eye level with a cheerful countenance. If the elderly resident is upset or confused, try to respond to the emotion that you see. Let them see in your eyes and hear it in your voice...

Words: 903 - Pages: 4

Premium Essay

Signing Stories 2

...1. The new P.E. teacher is also responsible for what? - The new P.E. teacher was also responsible for the girl’s sports program. 2. What was the sport? What season is the sport played? – Field Hockey, just for girls was not Coed. & the season hockey was played was in the fall. 3. ****Who found the equipment? List the equipment they had. In what condition was the equipment? The couch found the equipment. They had long wooden sticks, think it was table legs for the hockey sticks. Wooden balls. Something on their arms. The equipment was old and kind of lousy but it still worked. Still in enough good condition to work. 4. The sign, glossed as HAVE, means what? – It was the equipment available. 5. Why did Cinnie join the new team? They need volunteers and Cinnie loves sports. She wanted something to do and had never played field hockey before. She wanted something different. 6. How many girls signed up for the new team? – 12 girls 7. How did Cinnie describe the coach’s language or communication skills? Weak signer, signed lousy and it was awkward. Pretty poorly, she tried to sign to teach the players and to communicate the rules and the players didn’t always get it. She would try to sign and explain the meaning and Cinnie and the other girls would try to understand and go along. Kept moving forward even though the teacher’s signing was lousy. 8. What was the one important rule the coach emphasized? – Never put the hockey stick above your waist...

Words: 898 - Pages: 4

Premium Essay

Hearing Loss in Ipods

...Hearing Loss: An Increasing Problem Today’s youth have adopted a lifestyle revolving around technology. More and more teens and young adults have their own laptop computers, video game systems, and digital music players. The latter of which is causing an outcry from many experts. Hearing loss is more common than ever before with about 16% of Americans affected (Blue). Cranking up to volume on a music player for too long can have undesired consequences, most notably being premature hearing loss. Hearing loss resulting from listening to MP3 players too loudly is becoming an increasing problem among young adults and teenagers. Listeners need to turn down the volume on their devices if they want to save their hearing. Hearing loss in relation to music is a relatively new condition. Declining prices of MP3 players and the huge success of Apple’s IPod has put earbuds in an increasing number of American’s pockets, making the number of potential people exposed to loud music higher than ever before. The IPod can be the most dangerous of all music devices due to the design of its earbuds. Since the bud is directly in the ear, it has a stronger effect on hearing. At 80% of the maximum volume, it is safe to listen to IPods for only just over an hour per day. Compare this to over the ear headphones which can be safely listened to for almost 5 hours at the same volume level. Special sound-isolating headphones are a rapidly growing technology as well. These headphones keep all background...

Words: 848 - Pages: 4

Premium Essay

Deaf Culture

...Nika Pickwoad Ms. Ruiz Deaf Culture November 18, 2013 Deaf culture #1) Sign language has been around for as long as its existence of deafness. Deafness, in the early centuries of American life caused many problems for those that were deaf. Doctors did not understand the root causes of deafness and books were rare at the time. Until the most recent years, doctors finally understand why deafness occurs and the deaf communities in the world today are being respected and admired, with the aid of American Sign Language. “ASL has many roots not only is it rooted in the French ideas, but also the ideas of the Great Plains Indians in America” (Butterworth & Flodin, 1995).The man responsible for bringing sign language to light in the United States is Thomas Hopkins Gallaudet. Gallaudet studied the French ways and returned to America in 1817 where he founded the first school for the deaf in America, near present day Hartford, Connecticut. The college was appropriately named Gallaudet College, after Thomas Hopkins Gallaudet. ASL is starting to be referred to as a foreign language. The reason for this growing idea stems from colleges and universities recognizing ASL as a success for foreign language credits in many college degree programs. “Gary Olsen former Executive Director of the National Association of the Deaf, referred to this notion of ASL as a foreign language as an American ground swell” (Butterworth & Flodin...

Words: 2381 - Pages: 10

Free Essay

Eth306W

...Question 1 WHAT IS INCLUSIVE EDUCATION? - We accept ordinary learners as well as disabled learners, learners with behavioural problems and learners with learning difficulties. - All children, regardless of their differences should have the opportunity to learn with and from each other and that all need some form of support in learning - We attempt to change attitudes, behaviour, teaching methods curricula and environments to meet the needs of all children - Inclusive education is broader as it includes the home, the community and other opportunities for education outside of schools - It is a dynamic process which is constantly evolving according to local cultures and contexts and is part of the wider strategy to promote an inclusive society WHAT TYPES OF ADAPTIONS ARE NECESSARY TO REMOVE BARRIERS TO LEARNING AND TO MAKE IT POSSIBLE FOR ALL LEARNERS TO PARTICIPATE? - The classroom and school environment – making changes in the classroom and in the school building and environment that could make it easier for the learners to come to school and to learn and also by using assistive aids that may be needed - The learner – find out how the barriers to learning of the learners in your class affect their learning – find out from specialists and experts what you can do - School subjects – make changes to subjects you teach in terms of level and expected outcomes including the level at which you teach the subject to the learners as well as the range of subjects - Teaching...

Words: 2753 - Pages: 12

Free Essay

Hearing

...Hearing is one of the most important senses we have as humans’ beings and without being able to hear, life is not simple, nor it is easy. Individuals who are deaf or hard of hearing are unfortunate to have quality communication with others. There is a barrier-dividing people who are deaf from hearing people. Just like hearing people, the deaf like to talk with others; Conversations can be difficult for them, especially if they are trying to communicate with individuals who are not familiar with the Deaf community or sigh language. Lack of communication inhibits the interaction between people, so in order to overcome this barrier, people who are deaf key in on socialization. Experiencing what deaf people have to go through every single day in their lives was not easy to practice. Wearing earplugs for eight hours was a new experience that I learned a lot from. Having the ear plug in my ear canal created a conductive hearing loss and it could be either congenital or acquired causes. These causes can damage the shape of the pinna. The way I started interacting with people around me was not the same, as well the way they acted towards me. A lot of them were surprised that I was using my arms to point at things, and also wondering why I am not responding when they are saying, “ How am I doing today”. Nodding my head was not the answer they were expecting form me. Communicating with others was not easy at all, and...

Words: 1452 - Pages: 6

Premium Essay

Gang Violence

...Sample Assignment: Problem in Communication Essay Problem In Communication Essay: Deaf and Hard of HearingCommunication for deaf or hard of hearing people has always been veryfrustrating when trying to communicate with hearing people. Deaf people have tended toform deaf communities because of deaf pride, and a belief that they do not have adisability. However, this has led to a barrier between deaf and hearing people, and thesebarriers can lead to consequences because many hearing people do not know how tointeract with deaf people. Even people who are deaf or hard of hearing and that are notpart of a deaf community (such as if they chose to attend public school rather than aschool for the deaf) can have much difficulty when communicating with hearing people.Problems with communication occur all over the place for deaf people such as within afamily, in school, in the workforce.When a child is deaf, but his or her parents are hearing, it can create manyproblems with communication. If the parents have little or no experience with deafpeople, they will face challenges at first before they learn sign language and learn how toaccommodate their child. If parents don’t know how to properly communicate with theirchild, they will have problems raising them. With communication problems will cometrouble because they wont know how to scold their child or tell them when they are doingwrong, make their child feel included and a part of the family, and be a normal lovingparent. The sooner parents...

Words: 1383 - Pages: 6

Premium Essay

Personal Responsibility

...Personal Responsibility and Dream of Success James W. Lago GEN/200 April 28, 2014 Mr. D. Gross Abstract Personal responsibility and dream of success will be defined by the author in relation to the author’s experience. The relationship between personal responsibility and dream of success will be briefly explained. The authors will show how personal responsibility in his life with school, families and social. The authors will tell you about his dream of success. Personal Responsibility and Dream of Success Today the dream has all but disappeared. Is it? I know I have a dream when I graduated from high school. I had set my goal that I will go to college to get BA degree in business. I set a goal when I graduated from college, and looking for a job, and get my own place. I had planned to move out of my parent’s home. That was when I set my personal responsibility, and I had a dream of success. Being personal responsibility, I set out a plan when I was a teenage; I believed that I could do it as well as other people. I always have a dream about being successful, and about getting my master degree someday, and getting my own business. That was my dream, hasn’t disappeared yet. I will always follow my dream and proof my family that I’ve completed my master degree in the future. That was my dream of success. What’s personal responsibility mean to you? I am sole responsibility for the decision in my life. I am responsible for what I choose to feel...

Words: 2306 - Pages: 10

Free Essay

Hearing Assistive Devices

...Hearing Assistive Devices There are several types of hearing loss, which can lead to the need for a hearing assistive device. The types of hearing loss are as follows: Conductive hearing loss, Sensorineural hearing loss, Mixed hearing loss, Central and Functional hearing loss. Conductive hearing loss is when there is not enough sound getting thorough the outer and middle ear. Sensitivity to sound is diminished, but clarity is not changed as long as the sound is loud. Sensorineural hearing loss, sound is flowing normal through the outer and middle ear, but there is impairment in the inner ear auditory nerve (CN VIII) causing hearing loss. A problem with sensorineural lose is that sound is heard, but the person doesn’t understand speech. Mixed hearing loss is a combination of conductive and sensorineural. Central hearing loss is a problem in the central nervous system involving the inability to interpret sound. Functional hearing loss is caused by an emotional or psychological factor in which there is no physical finding of hearing loss (Lewis et al., 2011) Mosby and Elsevier (2009) (Crusse & Kent, 2013). To determine the type of hearing loss, type of hearing device needed and proper fit, there are different doctors with different levels of education a person can see. Choosing a correct hearing specialist is important. An Audiologist can identify and access hearing disorders. They can also select and correctly fit hearing aids. Audiologists can also program cochlear...

Words: 2020 - Pages: 9

Premium Essay

Deaft Event

...On Saturday, September 27, 2014 my boyfriend, Chris and I stepped into a whole other world. We attended the 16th Annual Deafestival held at the Los Angeles City Hall on Spring Street. I knew it would be a different experience for us; I was a little nervous, but when we arrived it hit me like a wave. I was so over whelmed with all that was going on around me. Yes, there are similarities to what I was use to, but it was nothing like have been to before. There was so much to take in with my eyes, and I automatically turned off my voice without even being aware of it until, Chris brought it to my attention when we got back to the car. As we walked through the crowds I realized that there are major differences between deaf events and "hearing" events, the crowds, the absences of color, the way the booths were set up, the abundance of information, and how different the people treated one another. It was very crowded, like a sea of deaf and hearing people. Conversations were going on everywhere, but it did not stop the crowds moving from one exhibit to another. Like waves, the crowds rolled over one another without missing anything. Unlike festivals I am used to that are full of color, fancy booths with flashing signs, and merchandise hung high; everything around me was very plain and low. There were tables, with white table clothes set up along the sidewalks, spread apart from one another. Some tables had canopies but nothing was enclosed. If I wanted to know what that exhibit...

Words: 931 - Pages: 4

Free Essay

Technology Enhancing the Deaf Community

...Nick Mendonca Mr. Picciuto Comp 5 Summer; 8-11:25am 17 June 2014 Technology for the Deaf We live in a world of increasingly rapid technological advancement. While we may not have Star Trek’s “Universal Translator” or “Telepresence” figured out yet, we do have “Communicators” (cell phones!). These advances have changed the way everyone communicates, but one community in particular—the Deaf community—is benefiting in amazing ways. New technologies are changing and enhancing everyday Deaf communication. When a hearing person wants to talk with a Deaf person, there is a language barrier to overcome. This can be resolved if the hearing person learns ASL, or, if the Deaf person knows English, they can exchange written messages. No matter what method is used, however, the process is time consuming, difficult, and one person won’t be able to talk in their native language. Wouldn’t it be fantastic if we had easy access to a translator, any time we liked? As it so happens, researchers from Microsoft are hoping to make that happen. New software in development for Microsoft’s Kinect motion-capture device will enable a person to communicate using ASL with a person who speaks English (ASHA 2013). Kinect is a fascinating device that uses multiple cameras and infrared lights in order to track body movement and recognize gestures. The translation software uses the power of Kinect in two ways: first, it can translate body movements from the ASL signer and turn it into written or spoken...

Words: 1279 - Pages: 6