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Assess the opportunities for fraudulent financial reporting and discuss ways the company you researched could eliminate fraudulent reporting.
What can you say about their profit vs cash situation? What does their, as Warren Buffet refer, ‘owning earnings' (free cash flow) look like?
HI5017-Identify the components of the management accounting system in each of the two companies, and discuss their relevance in enabling decisions to be made.
What is the initial size of the margin account? What is the final balance in his margin account? Ignoring interest costs, what are his total gains or losses?
Discuss the professional standards pertaining to the tax preparation, audit and forensic services. Additionally, analyze the CPA's duties to Yellow King.
Describe the disclosure requirement on accounting policies, and identify at least two examples of the most commonly required disclosure.
Acc302- Identify and illustrate how the two sample companies disclose their corporate governance strategies, policies and practices.
ACC 226- Find a current article about the importance of communication and writing skills in the accounting profession. Provide a short summary of the article.
How do these two systems provide decision-making information? How is activity-based costing useful for decision making?
Analyze the selected not-for-profit's financial statements to determine if the statements conform to Financial Accounting Standards Board (FASB) guidance.
Discuss the responsibility for detection and prevention of this fraud on the part of management, internal auditors, and external auditors.
HI5017- Identify the components of the management accounting system in each of the two companies, and discuss their relevance in enabling decisions.
Review the three types of controls that are used by managers (feedforward, concurrent, and feedback).
Describe the organization's statement of cash flows. Compare the organization's reporting of pledges and contributions to its reporting of exchange transaction.
Discuss the change in cash flows for the three different categories of cash flows and identify the totals for each category and at least one significant item.
Explain the purpose of a cash flow statement and how it reflects firm's financial status. Analyze Ford Motor Company's cash flow from its 2012 Annual Report.
Explain how the four primary financial statements are used to describe an organization's financial performance. What is the most important financial statement?
Estimate the average length of the firm's short-term operating cycle. How often would the cycle turn over in a year?
What is the FED's job and how does the FED manage the money supply? How do banks create money?
What were some of the circumstances that your peers pointed out and how are they similar or different from the circumstances you pointed out in your post?
How is ABC Costing superior to traditional costing models in modern manufacturing environments, particularly those with relatively high capital investment.
Discuss what are the possible reasons for the trend? What recommendations do you have for turning a negative trend to a positive trend?
Suppose you need $1 million dollars to start your Dream Business. Compare two sources of financing you might obtain.
Analyze the disclosure requirement on accounting policies, and identify at least two examples of the most commonly required disclosure.
Reflecting on the product or service of your current or past employer, discuss how would you mitigate risk for purchases, payroll, and fixed assets?