Assignment Question(s): (Marks15) Q1. Suppose you are an auditor who has been tasked with looking into the internal controls at a company. How can you evaluate the company’s internal controls to see if they are sufficient? (5Marks) Q2. Why do companies use the allowance method to account for bad debts? Describe the diverse methods used […]
Category Archives: Accounting
Select 4 of the 6 Barriers and share you own experiences with these barriers.
Personal and Interpersonal Barriers are addressed beginning on page 47 of the Four Skills of Cultural Diversity Competence Book. a). After reading Barriers to Effective Relationships: Case of the Green-Haired People, address ALL SIX Barriers and explain HOW they are evident in the case of the green haired people. (pg. 57). Personal/Interpersonal Barriers (1-5) Organizational/Institutional […]
Is the author knowledgeable about the issue? Are they fair?
Report the Biased Remarks of a Campus Cop?” TASK: For this paper you will need to carefully examine an argument and assess the effectiveness of its use of ethos and pathos. APPROACH: An effective argumentative essay has a clear point. However, it will also seek to establish grounds for credibility and to appeal to the […]
Do you think Signet should continue to offer an in house financing program-What are the risks involved?
Accounting Questions From Reading What are the key similarities and differences in the business models of Signet, Tiffany, and Blue Nile? How are these factors reflected in their financial ratios? An Excel copy of the ratios is enclosed on Canvas in the spreadsheet “Signet Exhibits and Ratios.” Which of the three companies is performing better? […]
Describe how you would reorganize the data to enable the calculation of accounts receivable.
Professional Application Case: Fluffy Fluffy is a fast-growing company in North Dakota that creates, and ships customized stuffed animals to all fifty U.S. states. There are several options for customization, from customers submitting their own designs to sending the company a rough design idea that Fluffy then develops and creates. While business is going well, […]
What impact will this decision have on the state of the Saudi economy in general?
Zainab Accounting Q1. Differentiate with suitable examples the traditional costing systems and activity-based costing. Explain how ABC is used in manufacturing by providing a numerical example.(3 Marks) Note: Your answer must include suitable numerical examples. You are required to assume values of your own and they should not be copied from any sources.(Week 7, Chapter […]
Explain how three of the following elements can affect estimate of loss reserve.
Assignment Question(s): Q1. Structures of insurance companies’ financial statements (income statement, balance sheet, cash flow statements) vary than structures the non- insurance organization due to the unique features of the insurance companies. Give a sample of the structures for any selected Saudi insurance company’ financial statements and explain the rational for classifying […]
Is a limited attempt to describe complex transactions that are structured to yield desired economic and accounting outcomes.
Q.1 Accounting for Securitization under SFAS No. 140 (2000) is a limited attempt to describe complex transactions that are structured to yield desired economic and accounting outcomes. This accounting raises three issues for users of financial reports. State these three issues
What are the advantages of the REA data model over the traditional AIS model?
Assignment Question(s): (Marks 15) Question 1: (03 Marks) Under the expenditure cycle ordering materials, supplies and services are the first activity. Explain the following ordering threats with suitable example with each of these. a) Purchasing at inflated prices b) Unreliable Suppliers c) Kickbacks Question 2: (03 Marks) What are the advantages of the REA data […]
What are the advantages of the REA data model over the traditional AIS model?
Assignment Question(s): Question 1: Under the expenditure cycle ordering materials, supplies and services are the first activity. Explain the following ordering threats with suitable example with each of these. a) Purchasing at inflated prices b) Unreliable Suppliers c) Kickbacks Question 2: What are the advantages of the REA data model over the traditional AIS model? […]
