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What are auditors' obligations with respect to accounting estimates and judgments made by management?
What is the basic accounting equation? Give an example of how a business transaction would effect the basic accounting equation.
What key financial ratios will be affected by the adoption of FAS 141R and FAS 160? What will be the likely effect?
Recommendation of an ethical decision in the scenario. Explanation of how the ethical decision supports the good of the culture and the society.
Credit memos are created when a product is returned. Credit memos reduce A/R (account receivable). What would you do, and how would you document your decision?
In this journal entry, you will consider what effect exchange rates have on the business activity in a nation.
Discuss methods of setting premium rates in insurance companies (Manual rating, merit rating, judgement rating)
How many major enterprise funds does the entity maintain (if any)? Are all the major enterprise funds operating at a profit (Operating Income)?
Provide a screenshot of their balance sheet disclosures of Property Plant and Equipment sections. Explain how they are similar
What is the difference between a cost center and a profit center? What is the difference between traceable costs and common costs?
Why does the company's net income increase when the new costing system is applied?
Analyze how and why you, as a manager, would prioritize the variances for analysis and how knowing these variances might help you improve efficiency.
Create a diagram comparing accrual and cash accounting. Also, include a 350 to 700 words summary of the differentiation and uses of the two.
Define and describe cloud-based collaboration. List the questions one should consider when evaluating a cloud-based collaborative solution.
Variable costing is not just about preparing income statements. Provide at least three scenarios in which understanding how costs behave is useful.
How are inter-entity transactions dealt with when accounting for associate companies?
How you plan on identifying and analyzing the principle elements of business ethics within the prospective accounting firms (be specific)
What key assumptions are we making in process? Among several, consider summary versus detailed forecasting, chosen horizon, and implicit financing assumptions.
Write an annotated bibliography of each article. Based on the articles you reviewed, discuss what you learned.
What are generally accepted accounting principles? Name the U.S. and international standard-setting bodies that establish these principles.
Define liquidity and solvency. Identify ratios for analyzing a firm's liquidity and solvency. How are these ratios interpreted?
Comment and expand on a topic discussed in the videos and provide a real world example from the news or your own experience.
Explain what you learned from this research. Discuss how this information will influence your studies and future career.
What is your role in supporting Jimmy's disability claim? What are the possible/probable components of Jimmy's economic damage claim?
What is meant by developing a theoretical framework for damages, and why is a framework important for a forensic accounting expert?