How would you describe a Ponzi scheme? What are some other examples of this type of scheme outside of this case? Describe the essential elements of the Bernie Madoff fraud. What made it so effective? Is this fraud primarily a case of asset misappropriation or fraudulent financial reporting? Explain the reason for your answer. Do […]
Category Archives: Accounting
What are the consequences of creative accounting in general, and for your selected company? Provide an illustration of how the accounts of your selected company were manipulated through creative accounting.
(a) How do managers indulge in creative accounting? Your answer should provide a structured overview of approaches plus an in-depth analysis of the creative accounting issue evident in practice for your selected company. (b) To what extent do accounting theories explain the incentives for management to engage in creative accounting? To what extent do these […]
Discuss any proposed changes that are planned for the future (since the 2013 Framework was adopted including that of 2017); and, • The importance of COSO in your chosen career (Audit, Internal Audit/Risk or Tax). • Appendixes are encouraged and conciseness will be rewarded.
• COSO currently has a 2017 Enterprise Risk Management Framework replacing the 2004 Enterprise Risk Management Framework. I would like both discussed and the difference between each explained, please. • The history of events that led to the creation of COSO starting with a discussion of the events leading to and recommendations of the Metcalf, […]
Explain how these pronouncements apply or relate to the issue(s).
1) Identify the issue(s). 2) List alternatives in response to the issue(s) if there are any. 3) Identify and summarize the relevant professional pronouncements (ASC 810-10-15). 4) Explain how these pronouncements apply or relate to the issue(s). You may also refer to the attached eBook in Chapter 6 for more information. On the attached PDF, […]
Determine who would you talk to in order to figure out what caused the variances
Consider the following set of circumstances for a business: Materials SQ SP AQ SP AQ SP AQ AP $1,500,000 $1,450,000 $1,375,000 $1,525,000 MPV = Unfavorable $150,000 MQV = […]
Determine who would you talk to in order to figure out what caused the variances
Consider the following set of circumstances for a business: Materials SQ SP AQ SP AQ SP AQ AP $1,500,000 $1,450,000 $1,375,000 $1,525,000 MPV = Unfavorable $150,000 MQV = […]
Define the elements that might be presented in a balanced scorecard;Explain how the elements will be used.
Hello, you just completed this assignment for me and you did an amazing job. I need 3 additional slides with speaker notes added to the foot of the assignment that you completed. I have attached the assignment you created. Here is what I need done. Your boss recently attended an accounting seminar at which the […]
How should Rownan recognized the cost of removing and replacing the plumbing system?
Intermediate 1 – FARS Cases Fall 2019 For each of the following cases use the FARS database to find standards to support your answers. Be sure to list the standard you used in your answer and be as specific as you can when recording or quoting the standard. Case 1: Big Promises Exploration Company, a […]
