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Beginning of Paper
Financial Report of Loewen Group Inc.
The Loewen Group Inc. was founded in 1969. The company has two major
headquarters in North America, one in Burnaby, British Colombia and a second in
Cincinnati, Ohio. Loewen Group Inc. (L.G.I.) is the largest funeral services
enterprise in Canada and is the second largest compa ....
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Middle of Paper
.... performance monitored
by regional and corporate management in accordance with budgeted projections.
This report includes a study of The Canadian Funeral Services Industry
practices, a review of the take-over attempt by Service Corporation
International, an analysis of the Loewen Group Inc. 1995 Annual Report for the
period ending December 31, 1995, and examination of the revenue recognition
practices used by L.G.I..
The Funeral Services Industry
According to a paper issued in August 1995, by Statistics Canada's Services,
Science and technology Division Final Purc ....
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