Personal Action Plan for Ethical Decision making Creating a personal Action Plan for Ethical Decision making 1. Identify the type of issue and the people impacted by the ethical issue 2.List four possible approaches and analyze the potential outcome of each 3.Choose the best approach and describe how to implement it. 4. Monitor the outcome […]
Category Archives: Accounting
Discuss how disclosures of a code of ethics by senior management could have a positive effect on public confidence and influence investors’ behavior.
Audit, Internal Controls, & Code of Ethics Designing effective internal controls is the responsibility of management in almost every company. In some cases, there are deficiencies in the internal control environment of a company. Consider how discrepancies between the design and the implementation of internal controls may occur within any given company. Compare the designs […]
Identify how you came up with that number-what a dependent, a dependent.And then the use of standard versus itemized deductions.
Assisting a family with their tax returns How you took info from client and prepared their tax computations from it, show if there’s income, etc. Line by line what you’ve included to come up with their taxable income. Don’t show summary of taxable income. You can put into table to show how you determine the […]
How well does the answer address the question?;-How good an understanding of the subject is demonstrated?
Advanced management Accounting Criteria for assessment will include the following: • Content – How well does the answer address the question?; How good an understanding of the subject is demonstrated?; How well are points/arguments illustrated/clarified/substantiated using specific details/examples/research evidence?; How deep and thorough is the analysis/evaluation?; How innovative are the recommendations? • Structure – How […]
What are some of the typical accounts that are affected by this type of adjusting entry?
DQ 1-2 Discussion Questions each needs a Reference and minimum of 250 Word Count. Currently, the two major sets of rules related to accounting are Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS). How do the two systems differ? How are they similar? Do you think that GAAP and IFRS should converge? […]
What are your thoughts on your classmate’s chosen percentage for warranty accruals?
Accounting II You are a sales manager for a company that sells computers. You earn an annual bonus based on revenue from the number of computers sold each year less related warranty expenses. Actual warranty expenses have varied over the prior five years from a high of 8% of a computer’s selling price to a […]
What is the benefit of creating subtotals within assets and within liabilities to separate current from non-current?
Accounting Working capital (WC) may be negative if current liabilities (CL) exceed current assets (CA). If this occurs, what does this indicate about the corporation’s financial position? Is this a cause for concern? How does your SEC 10-K company address this issue? Do they discuss strategy for overcoming a negative working capital? The basic accounting […]
Describe how the ALPHA method can be applied to small agricultural organizations.
ALPHA and AIS Integration The Malaysian agricultural industry is impressive. There are two internal forces of AIS change that occurred in ALPHA, namely, a new business model and corporate structure. Read the following article before you begin the assignment: Forces of Accounting Information System: Organizational Change and Governance of A Malaysian Agricultural Company. Instructions Write […]
What policies or procedures, if any, should CBU develop to avoid such problems in the future?
Inventory Situation Case Study On January 1, CBU installed a new computer system for tracking and calculating inventory costs. On December 31, at years-end closing, CBU’s system reported inventory at $4.5 million for financial statement purposes. At midnight, the auditors performed a physical inventory count and found the inventory total to be $3.5 million. To […]
How does this relate to changes in inventory and accounts receivable?
Accounting Operations: 1. What products does your company make and sell? 2. Do they manufacture their products or purchase from others? • Trends in revenues and impact on inventory and accounts receivable: 1. Are sales increasing or decreasing year to year? 2. How does this relate to changes in inventory and accounts receivable? Business environment: […]