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Develop your current cash flows statement using spreadsheet software. Organize your activities into the three major sources (see Lesson and reading).
Discuss in some detail your impressions of the wisdom, fairness and effectiveness of the primary tax structure used within your locale. Is it progressive?
What surprised you about the tax system in the United States? What experience, if any, do you have with taxation in the United States?
What are the four basic financial statements? What is their purpose and what does each one tell you about a company?
Governmental agencies often enter into cost-plus contract with product manufacturer. How manufacturer manipulate job costs to its advantage in such arrangement?
How did the firms' actions relate to the ethical and professional expectations for CPAs by the accounting profession?
Review the last audited financial statements, identify and justify FIVE inherent risks and your response to those inherent risks during your audit?
Based on the reading, analyze the auditor's responsibility to determine whether a company can continue as a going concern.
Describe one or two examples of decisions that could be made using the information provided by financial accounting.
What is the ethical dilemma you face? What are the ethical considerations? Consider your options and responsibilities as assistant controller.
Prepare an income statement for the year ending December 31, based on the com, Inc. financial statement data shown above.
Describe pro forma income and the importance of pro forma income in the evaluation of the income statement.
Why is it important for manufacturing companies to know the manufacturing cost of each of the products they make?
Describe how managers adopt to Fraudulent Financial Reporting? Search on the Internet some of the Fraudulent Reporting cases in the past 20 years.
What suggestions would you make to management to determine if an employee is operating with integrity.
Would you report this to your employer before the purchase? In your opinion, explain which financial statement you think is the most important?
Discuss and describe the formula for computing the break-even point in sales dollars and units.
What are the financial statements included in each annual report? Briefly discuss of the differences between Netflix and Spotify's financial statements.
Discuss the implications of using fair value measurements for long-lived assets. Comment on the advantages and disadvantages of each method.
List three types of goods that are classified as inventory. What characteristics will automatically exclude an item from being classified as inventory?
How do you think the misstatement of funds will impact the income statement and balance sheet?
In what ways do you see something like a WBS helping a PM to manage a project? Do you see this as more of a way help do additional and more detailed planning?
Using the IMA's four principles of ethical conduct, evaluate Brian's behavior. Has he acted in an ethical manner? Why or why not?
Write an academic paper to compare the three accounting basis; the accrual basis, the modified accrual basis, and the cash basis.
Analyze the audit procedures for acquisition and disposal of property, plant, and equipment related to the occurrence, accuracy, and completion assertions.