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Analyze company equity, including correct net income and debt ratio calculations. Apply accounting principles as the language of business.
Explain the difference between product and period expenses. Provide one example of each. Why are period and product kept separate in the income statement?
Explain what you think is meant by the AARF statement. Discuss liabilities and the problems of their measurement in the context of the conceptual framework.
Your company is interested in using cloud computing from a third-party vendor. Recommend the primary way you would properly account for the related costs.
What are your thoughts on balance of payments, from both the business side and the ethical side?
Analyze the local government CAFR, identifying at least three primary revenue sources from both governmental and enterprise funds.
How does Wilkerson's existing cost system operate? Develop a diagram to show how costs flow from factory expense accounts to products.
The accounting for a nonmonetary exchange primarily depends on the carrying amount of the assets given up. Describe a minimum of two exceptions to this rule.
After watching the video provide your opinion on how internal audit can embrace Cybersecurity and how technology has affected the profession.
Discuss importance of communication in accounting profession, what does it take an accountant to communicate effectively with his clients and other stakeholder.
Does this creation story seem to be more philosophical than the second one? Why do you think that might be the case?
Discussion Post: Accounting Systems- Why do the accounting systems of different countries differ? Why do these differences matter?
Using Excel, calculate the payback period for keeping the old backhoes and purchasing the new backhoes.
How do firms contribute to the efficiency of the market economy in ways that networks of independent contractors do not?
Identify at least three weaknesses in Khan Corporation's revenue cycle activities. Describe the problem resulting from each weakness.
How have user's needs impacted the development of accounting principles for the reporting of state and local government units?
Prepare the entry to establish the fund on January 1. Prepare the entry to reimburse the fund on January 8 under two separate situations.
Calculate the present value of the payments you will receive. Identify the strengths and weaknesses of each rating.
Which costs would be utilized in making the decision to purchase the asset? Are future costs relevant in the decision-making process?
Could be a general approach under accounting between the technologies companies or automobile industry.
Comment about PPE and accumulated depreciation. How are these values changing from year to year: PPE, Accumulated Depreciation, and Net PPE?
What implications does Sarbanes-Oxley have for corporations versus for small businesses?
Identify one type of disability that Allison may have. Explain how the disability may be impacting her life psychologically, physically and socially.
Discuss what a Form 990 is, what is its focus, what are its major sections and requirements, and what it's intended to do.
Why do the accounting systems of different countries differ? Why do these differences matter?