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Prepare a maximum 700-word informal memo and explain to Mr. Skaros why his production cost report showed only 2,000 equivalent units in ending inventory
Explore the topic of audit failure, in professional articles and in materials release by the SEC and the PCAOB. Explore current thinking about causes and cures.
Briefly explain the rules of debits and credits as they relate to assets, liabilities, equity, revenue, and expenses. Do debits always increase an account?
Describe the different kinds of fraud and the Fraud Triangle, an auditor's responsibility to identify and assess fraud.
Discuss the impact of Sarbanes-Oxley on a company's internal controls. Be sure to define internal controls and discuss the basic principles for assessing intern
How could you have improved teamwork and collaboration? Are there ways you would have approached a project of this magnitude differently if you did it again?
What is the point of breaking the CF Statement into categories? Can't you figure it out simply by looking at a comparative Balance Sheet?
Analyze what an Unadjusted Trial Balance is, and the relationship between Unadjusted Trial Balance, adjusting journal entries, and the Adjusted Trial Balance.
In terms of risk, how do the tax-exempt securities used to pay for the building compared to a conventional municipal bond issued by Traverse County?
EEL 4351- Prepare a table with the pros and cons for a purchase or a lease. List the top five pros and cons for each option.
Discuss the loan amount and how you plan to use the loan proceeds. Prepare a projected income statement for 2020 assuming sales increase by 9%.
State the company selected and explain the reasons for choosing it. Describe insights gained by performing some planning for this company.
Explain the process that you will utilize to formulate your audit opinion. Discuss the methodology that you would employ if misstatements are discovered.
What are government bonds and how they are accounted for? Be sure to explain face value, premiums and discounts, and issue costs.
Calculate the WACC given the above assumptions. Indicate how these might be useful to determine the feasibility of the capital project.
Discuss audit sampling for tests of details of balances and for tests of controls and substantive tests of transactions. How do they differ?
Discuss the legal rights, responsibilities, and liabilities involved when the accounting function is asked to take action(s) that may be inconsistent.
How a finished product is put together. You can do the same thing with finished articles and reports to see how they're organized.
Prepare a Schedule of Cost of Goods Manufactured in good form for April. Prepare an Income Statement in good form for April.
Calculate external fund needed and prepare pro forma income statement and balance sheets assuming growth at precisely this rate.
Submit a one page case review of the assigned NPR Podcast. What did they do wrong/right? How do these lessons potentially make you a better entrepreneur?
Why do accountants use the accrual-basis method instead of the cash basis method of accounting? What are some of the benefits of using accrual accounting?
He purchased pole-climbing equipment, spikes, and a safety belt that cost $275. What is Steve's deduction on Schedule C for these items?
If Byron has proper records to substantiate the above expenses, how much may' he deduct as travel expenses for the 7-day trip?