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Identify and discuss three skills that accountants are lacking that limits their ability to produce the right information for management and users.
What are the key components of an income statement? What three financial indicators does a contribution margin help determine? How?
Discuss why closing entries are prepared at the end of the accounting period. How are the accounts affected?
Compare and contrast financial accounting and managerial accounting. Which may be more useful in your current or future job?
Explain the areas where financial accounting is regulated? Why is managerial accounting not regulated?
Discuss how financial reports of a business entity can fulfil the needs of five different stakeholder groups. Explain the rationale behind accrual accounting.
Case Analysis: Corporate Tax Return and Tax Research. How should the repayment by Kenny and John be treated for income tax purposes?
Identify and discuss at least three things you can do via QuickBooks to control A/R so that it does not become a bad debt expense for the firm.
Write a report to the company executives, state and support your decision on whether or not you recommend hiring more employees at this time.
Explain why the market analysis method is more likely to be used in an appraisal of residential real estate than for an appraisal of commercial real estate.
In other words, what types of courses of action may be likely to succeed in this regard?
Prepare a well-organized business report for House Tech. Discuss all relevant issues, including pros and cons of each course of action.
Describe the information presented on the statement of cash flows. Why is this information important for the stakeholders of a corporation?
Find and discuss a current article concerning a financial accounting issue. Make sure that it is a financial accounting issue.
What information regarding inventories and property, plant, and equipment must be disclosed by Koch Corporation in the audited financial statements issued.
Explain the job order costing income statement and provide a hypothetical example of job order costing income statement in a manufacturing enterprise.
Calculate the value of ending inventory under full or absorption costing. Calculate the value of ending inventory under variable costing.
Determine the manufacturing overhead cost per unit of each of the company's two products under the traditional costing system.
Based on what you have found would they use process costing or job order costing. Why did you select the method they did.
If the house is transferred to the Medicaid trust, what should the trust do to ensure the best capital gains tax treatment of the house?
How would the company be affected if the check is written and the invoice ends up being erroneous?)
If you were the owner of a medium to large company, how could you use new technologies such as AI to support your daily operations?
List and discuss the unique difficulties of detecting fraud committed by international companies listed in US stock market.
In this recommendation, evaluate which estimates have been useful to perform this valuation.
Assuming your projected sales (and therefore tax bracket) are predicted to increase dramatically over the next 5 years, what should you do?