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Discuss the difference between cash and accrual basis of accounting. Discuss how the needs and size of the organization dictated the basis of accounting.
Conduct an Internet search for information on internal control and Sarbanes-Oxley. Discuss some of the advantages and disadvantages of Sarbanes-Oxley.
What trends can you see in the career potential for a person with a background in managerial accounting?
What are the rules for recording the transactions in the journal? If the company purchases an equipment for cash, why should we credit cash?
Analyze the way in which the two countries that you have researched provide services and benefits to its citizens without collecting personal income taxes.
Analyze what the following terms mean to you as they apply to information security and safe computing: Confidentiality, Integrity, and Availability.
Analyze an alternative way and provide a rationale. Describe and explain the pros and cons of subcontracting logistics for a building or moving enterprise.
Determine two types of hedges regarding foreign exchange risk, in general, and recommend the most advantageous risk mitigation strategy for XYZ, Inc.
Discuss the difference between financial and managerial accounting. Are there any regulations/rules that need to be followed under either method.
Identify at least two situations when an auditor should test account balances. Support your rationale with related examples of such circumstances.
Briefly analyze the change from the current and prior years in each of these key area and determine if the changes would be positive or negative from investor.
Explain whether Mary's changes should be adopted. Analyze the above information and use this information to support your suggestion.
Discuss the organization's statement of cash flows. Explain the format that the organization utilizes.
Review the accounting and measurement guidance related to anticipated tax credits in IAS12, Income Taxes, and in Sections 25 and 30 of ASC740-10.
What do you think has happened to total expenses and net income of professional baseball teams?
In your initial post, present a detailed explanation of the recording of purchases under a perpetual inventory system.
Analyze the horizontal and vertical analysis of a financial statement, and how each is used to help financial statement users make better decisions.
Briefly describe the issue and the action taken by the FASB. Discuss the accounting implications of this action as it would apply to three different industries.
Would you recommend that Thorne accept this audit fee arrangement? Why or why not? Describe some ethical considerations guiding your recommendation.
Prepare a maximum 700-word informal memo and discuss to Mr. Skaros why his production cost report showed only 2,000 equivalent units in ending inventory.
Discuss what type of cost accounting system this company should use, and the documents that you would recommend as part of the cost accounting system.
Assess the risks associated with integrating a new AIS system and suggest what management can do to minimize those risks.
Analyze the audit committee's responsibilities regarding risk assessment and internal control monitoring.
Compute the arithmetic mean and standard deviation of annual rate of return from stock. For each stock, indicate which one is more desirable by this measure.
Students will construct a set of forecasted financial statements and calculate a set of financial ratios for a start-up business.