This assignment grants access to the recent publication of the Committee of Sponsoring Organizations of the Treadway Commission (COSO). The COSO Framework for Internal Control is the most recent guidance helpful to organizational leaders seeking to develop and implement good systems of internal control. Access information will be provided, it might be necessary to copy […]
Category Archives: Accounting
Discuss how the Just-In-Time Management method would work in the manufacturing of chocolate.
Part 3: Activity-Based Costing: Activity-Based Costing Video Link: How Small Planes are manufactured Requirement 1: Questions to be answered: 1. Discuss the Activity-Based (ABC) concept: • Define Activity-Based Costing (ABC) concept. • Describe how the ABC costing method works. • Why is the ABC costing method used to manufacture small planes? 2. List at least […]
Briefly summarize the nature of pending litigation facing the company you selected.
From the SEC’s website access any company’s 10-K from 2017 and review its footnote disclosures related to pending litigation. Share the following: Briefly summarize the nature of pending litigation facing the company you selected. From the auditors’ perspective, what is the primary concern with respect to the disclosure of pending litigation? From a shareholder’s perspective, […]
Valuation Part I – Kellogg Company Kellogg Company, together with its subsidiaries, manufactures and markets ready-to-eat cereal and convenience foods. Kellogg is part of the packaged foods or food processing industry. Use the information posted on Moodle/used in class and information found on Yahoo! Finance to answer all the questions in this part. The average […]
Do you feel that the offer of GE managers to help “cover” the losses from Kidder Peabody were ethical?Discuss.
As you have learned this week, effective management control systems align managers’ personal interests with those of the overall company. Such a system provides the procedures and policies ensure a firm’s employees can work to achieve the best possible results, and minimize the opportunities for personal gain and fraud. Two areas most vulnerable to the […]
Identify at least one deterrent of the Internal Revenue Code (IRC) used to discourage the payment of bribes and kickbacks to foreign officials. Next, analyze the tax effects on U.S. shareholders because of these bribes and kickbacks.
Week 10 Discussion You have been hired by an international company identified as cooperating with a foreign country that the United States is boycotting. -Present a defense for the company to overcome the presumption that all activities in the boycotted country, involving all related persons, are tainted. -Identify at least one deterrent of the Internal […]
Analyze how the Internal Revenue Service (IRS) uses Internal Revenue Code (IRC) section 482 to prevent shifting of profits to other countries to reduce U.S. tax liability.
Intercompany Pricing Overview Transfer pricing is important to multinational entities and tax administrators. Transfer pricing involves transactions between affiliated entities domiciled in different countries creating different tax requirements. Profit determination of multinationals generated by intra-company transactions is one of the most challenging issues in international taxation. For this assignment, identify a multinational company that engages […]
What types of activities relates to Walmart?Discuss.
Activity-based costing may be used in any type of organization. The premise of ABC is that activities cause costs. Since all organizations engage in activities, these activities may be associated with costs they incur. An activity cost driver is the measure of the activity that causes costs to be incurred. For instance, the activity driver […]
Discuss what is meant by forensic accounting. What are some ways in which it differs as a specialty from general accounting or auditing? What are some of the specific functions and roles that forensic accountants perform? How does fraud investigation fit in as a sub-specialty?
Discuss what is meant by forensic accounting. What are some ways in which it differs as a specialty from general accounting or auditing? What are some of the specific functions and roles that forensic accountants perform? How does fraud investigation fit in as a sub-specialty? Discuss the fraud triangle. What are the individual components and […]
Identify a third company that uses activity-based costing allocations. Discuss why each might use the method you identified with them. Compare and discuss the similarities and differences you see in the companies.
Paper details: My classmate responded to the following: identify a company that you believe would use job order costing and another company that you believe would use process costing. Identify a third company that uses activity-based costing allocations. Discuss why each might use the method you identified with them. Compare and discuss the similarities and […]
