Operations Strategies You will create a financial risk mitigation plan to reduce overall costs and increase efficiency in operations for your selected company. Your strategy is to apply best practices for mitigating financial risk and fraud exposure in the company’s operations. You will conduct research to identify industry best practices for risk mitigation to reduce financial fraud exposure […]
Category Archives: Accounting
What are the practical accounting issues and challenges for the preparers of financial statements related to cryptocurrencies?
Impact of Cryptocurrencies (digital assets) on financial reporting. Description of the general area to be studied.Impact of Cryptocurrencies (digital assets) on financial reporting. A more specific problem identified within the general area. Think about why this problem is important to study and specify what is already known about the problem. There are no accounting rules […]
What kind of competitive priorities (pick at least 2 but no more than 3) would you recommend for him to pursue?
Your responses are to be 2-3 pages long, type-written, 12 points font, single spaced, one-inch margins using citing of any outside references (if needed). Responses will be graded based on depth of analysis, content and format. VeriCite will be used to check for plagiarism. The scenario to be discussed: Your friend, John, heard that you are […]
Explain the impact of accounting transactions in financial statements-Describe the elements and purpose of each financial statement.
Write a 500 – 750 word paper that addresses the following topic: Explain the impact of accounting transactions in financial statements. Describe the elements and purpose of each financial statement.Discuss the components and use of financial analysis. Your paper must be formatted according to APA 6th edition guidelines, and you need to use at least […]
Describe a selected medium-sized private company, its operations, and its associated industry and evaluate these areas to determine whether the company should be publicly traded or not.
Investment Strategies For this assignment you will select a medium-sized private company and one that allows access to its financial statements. You will create investment strategies for this company based on a financial analysis of investment strategies applied in other companies and determine whether the company should stay private or go public. The decision will […]
Identify at least four different areas where there could be potential accounting fraud in a company.
Designing the AIS to Detect Fraud For this assignment, you will represent a company that does not currently have an accounting information system (AIS) established. Make sure you clearly identify the business line, product type, and market position. Read this article before you begin: Identifying the Absence of Effective Internal Controls: An Alternative Approach for […]
Summarize the results of the sales volume and variable cost volume variances computations based on the comparison between the master budget and the flexible budget.
For this assignment, refer to the scenario located in “Problems – Series A,” section 8-19A of Ch. 8, “Performance Evaluation,“ of Fundamentals of Managerial Accounting Concepts. This scenario puts you in charge of preparing a budget for the Redmond Management Association annual public relations luncheon. Read the scenario in the textbook and complete the activity […]
What is the value for other comprehensive net income,accumulated deficit, and retained earnings.
Using the SEC 10-K for your company, answer the questions below: What were total current assets? What were total current liabilities? What were total assets and total stockholders’ equity ? Calculate working capital and describe how it changed from last year. If the company has treasury stock, is it increasing or decreasing in value? Remember […]
What is the account and the amount of the bottom line item on the Statement of Comprehensive Income?
WK 3 SEC What were the corporation’s net sales, cost of goods sold, and gross profit? What was the corporate tax rate? This should be an item in the notes to the financial statement. Required disclosure usually explains the federal statutory rate and a reconciliation to the actual tax rate of the company each year. […]
How can events in a process costing system affect financial statements?
Week 3 Class Discussion The type of product a company produces affects the type of accounting system needed to determine product cost. The 2 most common types of costing systems are job-order costing and process costing. Respond to the following in a minimum of 175 words: Compare and contrast job-order and process costing systems. How […]
