How can auditor spot acts of creative accounting
How can auditor spot acts of creative accounting? Means let an illustration, the excess of provisions or the non-elimination of intra group transactions along with value added.
Expert
This is the task of an auditor: they can utilize experience, asking the reasons behind the numbers and judging if these respect accountancy norms.
Jackson Company has 6 million shares of common stock selling at $55 each. It also has $120 million in long-term bonds with coupon 7%, selling at 90. The tax rate of Jackson is 33%. Next year its EBIT is expected to be $25 million with a standard deviation of $7 millio
You have decided to invest 30 percent in X; 30 percent in Y; and 40 percent in Z. Theprobability of the state of the economy is Boom 25%; Normal 60%; and, Bust 15%. The rateof return for stock X is Boom .20; Normal .15; and, Bust .00. The rate of return for stock Y is
Cash to cash cycle: The concept of cash to cash cycle is financial performance standard, which is associated with the management of a firm’s working capital. The definition of cash to cash or cash conversion cycle is “the length of time a
Is this possible for a company with a positive net income and that does not distribute dividends to get itself in suspension of payments?
Using the last 3 years of closing stock prices on the first trading day of each month from January, 2010 through December 2012 for Apple (APPL) and the S&P 500 (market) for the same date range 1) &n
Explain deducing yield curve model of HJM.
Profitability Ratios: These ratios comprise the Gross profit Margin, Net profit Margin, Operating Margin, Return on Equity (ROE), and Return on Total Assets. Such ratios help the firm to examine its profitability, the trend in profits and aid to take
Describe the term Zero Coupon Bonds in Corporate Bonds?
Corporate Development: Corporate development is a term which references the range of planning options and strategies which can assist to move a company toward its targets. The procedure of this kind of strategic development can be exerted to just abou
which type of tax, direct or indirect is applicable in underdeveloped countries? Why? Show your critical areas and weaknesses.
18,76,764
1954644 Asked
3,689
Active Tutors
1438915
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!