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Describe your current or aspiring professional identity, including your career and the field in which you work or hope to work.
Why do we need different tools for analyzing financial statements? Don't the numbers in the financial statements speak for themselves?
Analyze the effect of an irrevocable trust on the gift tax and future estate taxes. Suggest other significant alternatives that the client could use.
Were the auditors justified in issuing a qualified opinion in situation? State your opinion as to the course of action that was appropriate in this situation.
What segregation of duties would you recommend to attain maximum internal control over purchasing activities in a manufacturing concern?
Discussion Post: External Audit- Verification of Inventories- How much reliance, if any, can auditors place on the inventory certificate of outside specialists?
Compare the auditors' approach to the verification of liabilities with their approach to the verification of assets.
Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. Prepare a vertical analysis of the balance sheet data for Nike for 2022.
What has been your experience in this class using Excel to solve math problems? What do you think would help you improve your Excel skills, if you need to?
Explain the concept of competency integration in accounting education. Notice how business and accounting have many points of intersection.
Discuss the goal is to research, consider, and report what you know about these topics. Consider the question and decide: what would you want to know?
What are the major benefits of budgeting? Analysis of Profitability, Liquidity, Solvency of your business relative to benchmark.
If Bad Boys, Inc. raises capital using 45% debt, 5% preferred stock, and 50% common stock, what is Bad Boys, Inc.'s cost of capital?
Analyze the selected NFP's financial statements to determine if the statements conform to the Financial Accounting Standards Board (FASB) guidance.
What will you include in your audit plan? What are the risks related to inventory and the year end inventory value reflected on the balance sheet?
Thinking about the definition of the term flotation costs, should we expect the flotation costs for debt to be significantly lower than those for equity?
Calculate the payback for each project. Calculate the Net Present Value (NPV) for each project. Calculate the Present Value Index for each project.
Prepare journal entries to record all of the transactions for this period in the Central Garage Fund accounts and in the governmental activities accounts.
What recommendations would you give the company post-fraud so that this fraud does not happen again?
You are to develop a comprehensive audit plan. The auditing standards describe the components of what is to be included in an audit plan.
What is the impact of culture and subcultures in the selected country and populated area on an in-country organization?
How would you approach a client who was caught engaging in unethical practices, in light of a Christian worldview?
Use the Internet to research one publicly traded company in which you are interested. Review its most recent statement of cash flows. Be prepared to discuss.
Describe pro forma income and the importance of pro forma income in the evaluation of the income statement.
What types of taxes qualify to be deducted as itemized deductions? Would a vehicle registration fee qualify as a deductible tax?