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How do you think the profession has responded to its responsibility to uphold the trust?
How do you record different types of accounting changes -Change in accounting principles, Change in estimate and Change in Reporting Entity.
Analyze the information about each stakeholder group and their need for communication. Use the Communication Grid Template to complete this step.
Identify and describe the roles of these cross-functional departments and how they can contribute to improve brand equity.
Describe an audit strategy and explain its purpose. Describe an audit plan and explain its purpose. Describe a time budget and explain its purpose.
Consider a company that you have previously worked for, and describe and critique how financial statement analysis could be used for that organization.
What price should the manager of the EI Dorado Star charge? How many papers should be sold daily to maximize profit?
Research this topic before class and be prepared to discuss how technology impacts the three lines of defense. Write up a summary of the main points of diagram.
Evaluate trends in stock price, dividend payout, and total stockholders' equity. Relate recent events or market conditions to the trends you identified.
Take a look at their website. What are your observations? Take a look at their financial statements. What can you gather from their financial statements?
You will describe elements of the accounting environment and prepare an income statement, balance sheet, and statement of retained earnings.
Erlander Company uses a job order cost accounting system. Prepare the general journal entry to record this requisition.
Discuss the reasons that activity-based costing may be resisted by top management. Discuss why activity rates are important to management.
What are main elements in calculating the cost of capital? How does an increase in debt affect it? How do you identify organization's optimal cost of capital?
Write an expression for each of the Total Fixed Cost concepts. Determine the quantity that minimizes average total cost.
Distinguish the statue of limitations for criminal versus civil liability? What is meant by the term DIF Score.
Compute basic and diluted earnings per share for 2013. How would your answer to part i differ if the preferred stock was cumulative and no dividend was paid?
Compare conceptual framework for business, governmental and not for profits. Evaluate and discuss the appropriate accounting treatment for this transaction.
Illustrate the difference of these costs by sharing one out-of-pocket cost and one opportunity cost for two decisions you made today.
Reflect on your experience in job costing. Describe how you allocated activities to the cost of a job. Did you find any areas the business could improve upon?
What is a flow through entity and how is it taxed? What specific economic rights or entitlements are included with a partnership interest?
How would the financial statements be different in a leasing situation (for both operating leases and finance leases) for the lessee?
Research how your selected company uses competitive priority cost to its competitive advantage. Explain your company's priority cost as a strategic advantage.
What actions should Amy take in response to Tony's final request? Support your answer by referring to the IMA's Statement of Ethical Professional Practice.
How do independence, objectivity, and confidentiality impact an accountant or auditor's judgment? Use examples from your own work experience, if possible.