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What are the pros and cons for the increased financial information being disclosed by public companies on their company's internet websites?
A component of an accounting system is one part that helps the entire system accumulate. Briefly explain the five main components of an accounting system.
Explain the proposed improvements to hedge accounting. How do these changes improve hedge accounting?
Provide a hypothetical example in which at least three indirect costs are divided among departments.
Research hedging tools and discuss how managers can manipulate the financial statements based on the hedging tool they select.
Describe your current or aspiring professional identity, including your career and the field in which you work or hope to work.
How do you distinguish between Financial Reporting for GAAP, and full Disclosure. What is Management Discussion and Analysis.
For each of the categories that show a difference between the 3 years, determine what factors could have caused the differences.
Analyze the major pros and cons of a single-step income statement and a multistep income statement.
Discussion Post: Impact of Technology on Accounting- Discuss how cloud computing could both positively and negatively affect system availability.
Prepare the Balance Sheet,Income Statement, and Cash Flow Statement (Use Indirect Method) for the year ended on 31/3/2016.
What food plan have you decided to follow (if any)? How will you decide which foods to include in your meals?
How does inventory differ from other types of purchases and discuss what controls pertain specifically to inventory processes?
Describe segregation of duties and dual control. Describe two other internal control policies that should be established for financial investments.
Explain the difference between negative and positive confirmations. Describe conditions which should exist for the auditors to use the negative form of request.
Describe the company and the negative environmental factors that caused major setbacks. What strategic financial decisions would you implement to help?
Evaluate at least three types of financial fraud common to the selected company and its associated industry supported with a detailed description.
Explain the function of warehouse clubs (BJs, Costco, SAMs, etc.). Why are they classified as both wholesalers and retailers?
Discuss the different types of quality audits and Outline the steps for planning, conducting, and reporting an audit.
Share your thoughts on the activities within this week's readings. Consider how calculating financial statements will help drive effective business decisions.
Identify significant tax and nontax issues or concerns that may differ across entity type and discuss how they are relevant to choice of entity decision for CTC
Why does a decrease in NWC result in a cash inflow to the firm? In a cost-cutting proposal, what might cause you to sometimes have negative EBIT?
What types of activities increase or decrease accountant/auditor risks? Use examples from your own experience, if possible.
Explain what type of information can be derived from each statement. Describe the major purpose of financial statements.