Week 1 Assignment: This week’s assignment starts a four paper project (short paper – 500 to 1,000 words approximately 3 to 4 pages of content pages including three research references). The first week’s short paper assignment should focus on an overview of the standards-setting industry topic and a review of its historical roots including the […]
Category Archives: Accounting
What are the advantages and disadvantages of investing ina foreign market through a greenfield foreign direct investment compared to an acquisition of a local firm in the target market?
2Section A. You must answer ALL questions in this section.This section carries 55marksB&H is a large UK based company investing in various assets and sectors around the globe. Its optimal capital structure is 60% debt and 40% equity. B&H’s cost of debt is 8%. The risk-free rate of interest is 3%. Theexpected return on the […]
Identify and explain three types of tax strategies. And Suggest a tax strategy for a 45-year-old self-employed CPA.
Identify and explain three types of tax strategies. Suggest a tax strategy for a 45-year-old self-employed CPA. Provide a rationale for your suggestion. Also would your suggestions change at all if we were talking about a 25 year old?
Describe in detail the type of substantive analytical procedures that would be used for these account balances and why this would be an effective test of the account balances.
Identify specific account balances for which substantive analytical procedures would be appropriate and discuss your reasoning for selecting these accounts. Describe in detail the type of substantive analytical procedures that would be used for these account balances and why this would be an effective test of the account balances. Your paper should be 3 pages […]
What would be three essential items that you would want to discover about that company before engaging to conduct an audit for a new client? Why are these the most important? How would you explain the need of this information to your potential client? Address this situation as if you are the audit partner in charge of evaluating new clients.
The acceptance of a new client is essential to a CPAs pre-engagement planning process. The auditor will review the company’s financial performance from the previous year, interview previous team to uncover any issues working with the client, review the company’s public information throughout the year, and contemplate other factors to calculate the relative risk to […]
Write a research paper on an advanced study of a topic related to advanced cost accounting.
Write a research paper on an advanced study of a topic related to advanced cost accounting. The paper must be 7–10 pages, not including any tables, graphs, etc. A minimum of 6 accounting journal sources must be utilized, all of which must have been published within the last 3 years. Current APA (7th edition) formatting […]
What caused the impairment loss relating to Copper & Diamonds, at Oyu Tolgoi in Mongolia, how was the amount of the loss estimated, and what effect did this have on the financial statements?
(1) Using the group balance sheet (p37), calculate Rio Tinto’s: (a) current ratio, and (b) financial leverage. In your view, and using both Rio Tinto’s income statement (p32) and cash flow statement (p35) in addition to its balance sheet, does Rio Tinto have significant amounts of debt, or any potential problems in being able to […]
As a board member,what information would you need to make this decision? Which staff members, if any ,should be involved in this decision?
Case Questions1.As a board member,what information would you need to make this decision? Which staff members, if any ,should be involved in this decision? 2.WhataretheconsequencestoMemorialofsellingthePCCunittoTomWindwood,whoheadsafor-profitoperation?Would yourecommendtheboardvotetomoveinthisdirection?3.Whatkindofpublicannouncement,ifany,shouldtheboardmaketothepressabouttheinvestigation?Whatshouldbethetimingofthatannouncement?4.Whowithintheorganizationshouldbeheldaccountableforwhatoccurred?5.Whatkindofinteractionshouldtheboardhavewithitsdonorsconcerningthisinformation?6.HowshouldinformationaboutthisinquirybesharedwiththePCCstaff?7.HowdoesthiscaserelatetoBryce’scharacterizationsofanonprofitmissionasdescribedintheintroductiontothischapter?8.Howmightasituationlikethisbeavoidedinthefuture
Compare and contrast financial and managerial accounting. Provide one specific, real-life example of how either financial accounting helps external stakeholders make informed decisions or how managerial accounting helps managers to improve operational and financial performance.
Compare and contrast financial and managerial accounting. Provide one specific, real-life example of how either financial accounting helps external stakeholders make informed decisions or how managerial accounting helps managers to improve operational and financial performance.
Explain the importance of Khan and Watts measurement.
Measuring Accounting Conservatism: Accounting conservatism can be measured in several ways, but the most widely accepted is the ‘C_Score’ measure developed by Khan and Watts (2009). The order is : Defined accounting conservatism and the methods of (Measuring Accounting Conservatism), explain the importance of Khan and Watts measurement.
