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Describe the five major generally accepted accounting principles (GAAP) that accountants must consider when presenting financial accounting information.
Explain the impact of accounting transactions in financial statements. Describe the elements and purpose of each financial statement.
As a manager, discuss how you would use Variable Costing in managerial decisions Support your response with numerical example(s).
Which tax bracket do you fit into for your gross household income? How close is your gross household income to the next lowest tax bracket?
Based on your readings and peer reviewed articles in the library, what controls do you think should be put in place related to customer data storage and use?
What is involved in the systems survey? Do you believe that different disciplines should work separately on their parts or work together on this, and why?
Which cost do you feel the U.S. Car industry (GM, Ford, etc.) is most affected by - accounting or economic cost?
Define and identify its variable, fixed, and mixed costs. Determine what affect a sales volume increase or decrease will have on unit fixed cost.
ACCT 205- How would this transaction impact the financial statements- which accounts would be affected? What does the debt to equity ratio represent?
Discuss what you believe to be the appropriate level of involvement of an accountant in evaluating and selecting an AIS vendor and the AIS itself.
Select which two accounts are affected in each of the above transactions. Post the above transactions into the appropriate T accounts.
How do you see yourself applying what you have learned going forward? Describe the most interesting task/concept and the most challenging task.
Evaluate how the appearance of solvency for a business changes when using cash vs. accrual accounting, noting which stakeholders might be affected and how.
ACG 6689 Forensic Accounting, Fraud and Taxation Homework help and solution, online tutoring- Florida Atlantic University.
If the United States adopted IFRS standards, what would be the advantages and disadvantages? Does it make sense for U.S. companies to change to IFRS?
How long does it typically take fraud to be detected? Access Controls, one of the seven accounting internal controls, refers to what?
Describe detection risk as it applies to the misguided use of internal controls by management to cover up their fraudulent acts.
Describe the key internal and external stakeholders. What are the negative impacts that can happen if you do not follow the instructions of your supervisor?
Identify several accounts from the income statement, balance sheet and/or statement of cash flows. Explain the accounting information to the class.
Explain the information provided by each financial statement and include specific examples.
Drew, Drake, Ken, Kylie and Andrew decided for form a corporation and Fuel Coffee Company. Advise the tax ramifications to the corporation and shareholders.
In your opinion, which diagrams are more useful to an auditor, REA diagrams or data flow diagrams and flowcharts?
How risky the project appears. How far off your estimates of revenues and expenses can be before your decision would change.
Should the company make or buy the engines? Articulate the approach to solving the problem, including which financial information is relevant and not relevant.
Evaluate at what stage of the general accounting model it is easiest to commit computer fraud.