Research and describe the company’s primary business activities. In addition, provide information regarding the company’s history, position within their industry, competition, recent developments, and future direction. In addition, provide information regarding the company’s history, position within their industry, competition, recent developments, and future direction. Summarize at least two significant news items from recent articles or […]
Category Archives: Accounting
What represents the results of the accounting process that are summarized in periodic reports?
Why do we call accounting “the language of business”? Hint: Think in terms of the purpose of accounting. What does Generally Accepted Accounting Principles (GAAP) mean? What represents the results of the accounting process that are summarized in periodic reports? If you were a business owner, what would be your choice of business entity?
Identify 3 useful audit procedures for uncovering contingent liabilities that Johnson will likely perform in the normal conduct of the audit, even if she had no responsibility for uncovering contingencies.
Required: a. Distinguish between contingent liabilities and commitments and explain why both are important in an audit. b. Identify 3 useful audit procedures for uncovering contingent liabilities that Johnson will likely perform in the normal conduct of the audit, even if she had no responsibility for uncovering contingencies. c. Identify 3 other procedures Johnson is […]
What are the six key concepts for managerial accountants to understand when making decisions for their organizations:
Select one of the following questions to answer in your discussion: 1. Describe a flexible budget, how it works, and the associated variances? 2. What are the six key concepts for managerial accountants to understand when making decisions for their organizations: 3. Discuss volume trade-off decisions to include the terms constraint and bottleneck. provide examples. […]
What are some of the strengths and weaknesses of each tool?
Discussion 11 In your textbook, read the chapter opener about Jake Loosararian ad his company, Gecko Robotics. Suppose Jake’s business continues to grow, and he builds a massive new manufacturing facility and warehousing center to make the business more efficient and reduce costs. Propose 2 management tools that Jake can use to evaluate whether the […]
Briefly describe the reporting units that compose the consolidated entity of United Way of America-How are they operationally interrelated?
Week Six Problems/Exercises For the Week Six assignment,complete the following: Access the website for United Way Worldwide (www.unitedway.org) and then look through the site until you locate the most recent consolidated financial statements and supplemental schedule and the Form 990. Review the statements and Form 990 and then prepare a two- to three-page memo presenting […]
Briefly review the major functional areas of the business and make relevant decisions as applicable to the company.
In this final posting you transition from case analysis to designing a new strategy that builds upon your work from the previous weeks. week you should pretend that you are the new CEO of Blue Nile, Inc., you are entrusted with growing and leading the company in a new direction, and you must design a […]
Describe activity-based costing and how costs are computed and assigned to cost pools. Further, explain how ABC differs from traditional absorption costing.
Select one of the following questions to answer in your discussion: -Describe activity-based costing and how costs are computed and assigned to cost pools. Further, explain how ABC differs from traditional absorption costing. -Explain why organizations create budgets and the two distinct purposes for budgeting. Further, discuss the types of budgets that comprise the master […]
Briefly describe the reporting units that compose the consolidated entity of United Way of America. How are they operationally interrelated?
Week Six Problems/Exercises For the Week Six assignment, please complete the following: Access the website for United Way Worldwide (www.unitedway.org) and then look through the site until you locate the most recent consolidated financial statements and supplemental schedule and the Form 990. Review the statements and Form 990 and then prepare a two- to three-page […]
Describe how and why an automated AIS would benefit the business. Explain the attributes and advantages of an automated AIS and the specific ways an automated AIS would benefit the business.
7-1 Final Project For this project, you will assume the role of a consultant responsible for assessing a client’s business operations and making recommendations for an accounting information system. To complete this project, review the Final Project Scenario document. Specifically, you must address the critical elements listed below. Most of the critical elements align with […]
