The Denecke TimeCode ToolBox app is designed to Read & Generate LTC time code using your mobile iDevice (running iOS 5.x or higher). The time code reader features a level meter and wave form analyzer (helpful for trouble shooting cables, etc).
The incoming time code frame rate is flagged as well. The Time code generator is capable of generating all of the standard frame rates and defaults to the current time of day. User bits default to the current date. The generator can also be set to user select values.