Category Archives: Accounting

Conduct a peer analysis of a competitor company of your choosing and the given case study company.

Financial Management Write a 2000-word report based on the provided context scenario, financial information and ratios. Conduct a peer analysis of a competitor company of your choosing and the given case study company. Consider all relevant financial principles, concepts and theories. Conduct the necessary financial analysis using appropriate techniques, tools and frameworks. Make decisions and […]

What prepared you for these calculations-What advice would you give a classmate who needs assistance?

Business Applications Case Managerial accounting can be a complex job. As you learned in this week’s practice assignment, many different calculations need to be completed to assist an organization with its financial statements. Write a 250-word response reflecting on your experience making the calculations from the practice assignment. In your reflection, share your thoughts on […]

Discuss the important information contained on your State Board of Accountancy website.

Discuss the important information contained on your State Board of Accountancy website. If you are an international student, then select the state or territory of your choice. You may locate the website for your state or territory by visiting the link below. https://boa.virginia.gov/ Include the following in your report: 1. Specific educational requirements to sit […]

Write Materials and labor are always direct costs, and supply costs are always indirect.” What is your opinion about this statement?

Week 1- cost accounting 50-60 words on : Materials and labor are always direct costs, and supply costs are always indirect.” What is your opinion about this statement? 50-60 words on: Question: A manager of a retailing firm says that he can lower his operating leverage by renting his stores rather than buying. Would you […]

Discuss the audit risk model and ascertain which sampling or non-sampling techniques you would use in order to establish your preliminary judgment about materiality. Justify your response.

Week 8 Assignment 2 – Audit Planning and Control Overview It is common industry knowledge that an audit plan provides the specific guidelines auditors must follow when conducting an external audit. External public accounting firms conduct external audits to ensure outside stakeholders that the company’s financial statements are prepared in accordance with generally accepted accounting […]

Give an example of how a current ratio could be misleading and what you would do to avoid being misled.

Discussion The current ratio, as a measure of a company’s ability to pay its short-term debt, provides valuable information, but it is open to misinterpretation. Give an example of how a current ratio could be misleading and what you would do to avoid being misled.

If you were the manager in a decentralized organization would you rather be the leader in a Cost Center, a Profit Center, or an Investment Center? Why?

Accounting dicsussion In the Performance Measurement in Decentralized Organizations chapter, under the responsibility accounting section, Cost, Profit, and Investment Centers are discussed. If you were the manager in a decentralized organization would you rather be the leader in a Cost Center, a Profit Center, or an Investment Center? Why?

What effect did the fact that the written record did not disclose all characteristics of the transaction probably have on the auditor’s ability to evaluate the accounting treatment of this transaction?

Expand Your Critical Thinking 10-11 (Essay) During the summer of 2002, the financial press reported that Citigroup was being investigated for allegations that it had arranged transactions for Enron so as to intentionally misrepresent the nature of the transactions and consequently achieve favorable balance sheet treatment. Essentially, the deals were structured to make it appear […]

What does this say about the nature of for-profit business in the United States-What might such a map have looked like one hundred years ago?

Walmart: “Save Money. Live Better.” Walmart: “Save Money. Live Better.” (Access for free at https://openstax.org/books/business-ethics/pages/11-2-committing-to-an-ethical-view) With annual revenues of almost half a trillion dollars (2017), 2.3 million employees, and nearly twelve thousand stores worldwide, Walmart is the largest private employer on the planet. In fact, it is bigger than many national economies, including some in […]