4. A client changed its depreciation method for production equipment from the straight-line method to the units-of-production method based on hours of utilization. The auditor concurs with the change.…
Chapter FourWhile at this meeting, Alex thinks back on a recent business trip where he ran into an old physics professor, Jonah, at the airport. Jonah puzzles Alex with how well he knows how Alex’s plant is doing. Jonah has no knowledge of where Alex is employed. Johan predicts the problems of high inventories and not meeting shipping dates. He also states that there is only one goal for all companies, and anything that brings you closer to achieving it is productive and all…
Matt Grant is an ambitious businessman who has found himself at a critical life crossroad as he faces possible discharge from his corporate career while conceptualizing an innovative business endeavor. Trekking through a handful of failed corporate projects with the company he currently works for, he must decide whether he wants to play it safe and remain a corporate employee or take an opportunistic leap of faith in the business realm. Matt is not alone in his experiences. His wife journeys with him through his trials, and also experiences career setbacks as a result of Matt's past failures. Matt actively lays the foundation for his venture and puts a great deal of work in to his aspiring business concept. The Grants must make an abrupt, considerable life decision together which will affect their marriage, their financial situation, and their livelihood.…
Later, the author uses anecdotes of Phil’s family and details about his personal life to show how much time he spent at work and how it affected his family, furthering Goodman’s resentment toward Phil and what he represents. “A company friend said, ‘I know how much you will miss him.’ And she [Phil’s wife] answered, ‘I already have.’” Because Phil was rarely at home and spent most of his time at the…
James Loebbecke, the author, forms a fictional case that traces the professional life of Jack Butler’s career from his education all the way to his promotion to partner. Jack is a graduate from Farwestern University who built a relationship with Wally who helped guide him as he prepared for a career. Jacks first interest for his career was to become a lawyer like his father. Wally gives Jack great advice throughout his time at FSU as he was indecieve of what he wanted to do. As he began to like accounting and saw a future with it, Wally explained the differences between the MBA and MPrA and the different types of accounting careers.…
A company had a beginning balance in retained earnings of $44,500. It had net income of $7,500 and paid out cash dividends of $6,000 in the current period. The ending balance in retained earnings equals:…
Once I finished reviewing the Accounting Memo sent to Andrew and team mates. I found several items that need to be changed in order to be re-directed to the Chief Financial Officer. This memo was written very informal since this was directed to a fellow team mate. All formal method of communication need to write out the entire word. In this case the word memo was abbreviated instead of writing out memorandum. There is no abbreviation and always use complete sentences. Rewording the memorandum and reorganizing the words will make a more complete and will cost no confusion to the reader. Example, for this memo, “We will have a meeting this Wednesday to discuss the Last In/First Out versus First In/First Out methods and the cost of goods. The Chief Financial Officer will need to present this information to the company’s president and board later this month.” Now the second paragraph could start by saying, “In order to continue reducing our federal and state taxes we recommend to continue with the use of LIFO. This way we can avoid getting to any inflationary economic issues. The abbreviations once again are used with P&L. The entire word Profit & Loss Statements needs to be written out to avoid confusion. The two bullet points are incorrect as noted. We could replace both bullet points by making to two complete sentences. Final paragraph has no relation to the entire memorandum. There is no need to talk about other companies that do not have any relation to our concerns. This memo was written without taking into consideration the audience. Memorandums weather informal or formal need to be written in a professional format. This is regardless who the audience might be. Many times memorandums are sending as a group message and this could include coworkers, upper level managers or even the CFO and the company’s president.…
Jack was an extraordinary Historian and had been trying for a doctorates in American History however he ended up walking away from it for many reasons including pressure. This is then tied into Jack once again walking away from his rather prosperous job at the town newspaper The Chronicle. Jack calls these times in which he gives up these goals of his A Great Sleep, because all he does during the weeks following is sleep and piddle around his homes as well as found love interests with a local girl. Through this passage the character of Jack reminds me of a sort of in directional kind of person whom has no idea what he really wants with his life and can't seem to make up his mind so he goes into a sort of glazed existence of dating, sleeping, and meandering about the town. It seems to be his only way to deal with possibly a sort of disappointment he has over…
Jack lies relentlessly in order to escape the grim circumstances of his childhood. His life is fuelled with emotional neglect and verbal abuse; Dwight, his indignant step father, being the foremost cause. He desires of transforming himself into the person that he truly wants to be; an image he believes will help him to belong and to be happy. The lies he tells are a…
Jake Horton possessed every marker of success: A moral upbringing on the Iron Range with solid working-class parents. A substantial in at Sommer’s Carpet and Tile, leading to ownership. A reputation as a man of integrity. But beneath all the outward affirmations, Jake wanted something more. And to get that, he had to become someone his loved ones wouldn’t recognize.…
At an early point in the novel, the reader is given insight into the dissention John Ames feels towards Jack Boughton when he is told that Jack plans on returning home after several years of absence. John says in his narrative, “I don’t know how one boy could have caused so much disappointment without ever giving anyone any grounds for hope” (Robinson, 72). John’s words carry with them a degree of irritation that enables the reader to discern his dislike for Jack. However, one may begin to notice a shift in John’s attitude towards Jack as he continues to narrate his story, showing an increasing awareness that he must forgive Jack. This development occurs in small increments through several episodes in the story, but the biggest and most incredible…
In the short story “A & P” by John Updike, is about a young man that is miserably employed. The short…
Kresna Dubchuk lives in Kenya and is in the process of selling her Canadian real property, situated in New Brunswick, which has been rented to various tenants over the last 10…
Furthermore, they have different vision of their future. Jack forebodes that their relationship is going to an end: “ ‘In a year you’ll write, ‘I wonder what . . . . why I spent so many days . . .’ ” (49). He believes that she will even forget “what [his] name was” (49). His birthday present to the girl foreshadows his prediction about break-up of their relationship. In contrast, the narrator is still expecting her future with Jack by imagining “the yellow candles left over from the wedding” (49) and dreaming their future children whom she names as “Little Jack”…
This letter is to confirm our understanding of the terms of our engagement as the auditors of Oceanview Marine Company for the year ended December 31, 2014.…