Ethics ACC/291 August 4‚ 2012 Ethics The Sarbanes-Oxley Act of 2002 was approved in order to keep corporations form scamming the government. The law was a consequence of many corporate scams. This law was to protect the investors and give them the correct information and to make the corporations reveal all information which may impact an investor’s judgment of the corporation. This act/law will make corporations complete an internal audit from time to time as to keep all the information correct
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Direct and Indirect Cash Flow Cassandra Stewart ACC 291 June 18‚ 2014 Susan Schulz / Direct and Indirect Cash Flow Differences between direct and indirect cash flow are just what they seem. Direct statement of cash flow identifies a company’s sources and uses of cash. This cash flow has three sections that include operating‚ investing‚ and financing activities. Operating activities includes receipts and payments from normal business operations. Investing activities include the purchase
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[pic] |Course Syllabus School of Business ACC/290 Version 3 Principles of Account I Course Start Date: : 05/20/2013 Course End Date: 06/24/2013 Group Number: GA12BSB12 | |Copyright © 2011by University of Phoenix. All rights reserved. Facilitator Information hours. I am available to answer questions between class meetings by phone‚ OLS postings or email. Also‚ I will be in class approximately
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E13-1 (Balance Sheet Classification of Various Liabilities) How would each of the following items be reported on the balance sheet? a) Current Liability b) Current Liability c) Current or long-term liability (dependent on term of warranty) d) Current liability e) Current liability f) Current liability g) Current or noncurrent (dependent on time involved) h) Current liability i) Current liability j) Current liability k) Deduction from face value of note l) Disclose in footnote m) Current
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• Exercise E13-5 • Exercise E13-6 • Exercise E13-9 The comparative balance sheets of Nike‚ Inc. are presented here. NIKE INC. Comparative Balance Sheets May 31 ($ in millions) Assets 2007 2006 Current assets $8‚076 $7‚346 Property‚ plant‚ and equipment (net) 1‚678 1‚658 Other assets 934 866 Total assets $10‚688 $9‚870 Liabilities and Stockholders’ Equity Current liabilities $2‚584 $2‚612 Long-term liabilities 1‚079 973 Stockholders’ equity 7‚025 6‚285 Total liabilities
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Week Three Weekly Reflection ACC/291 PRINCIPLES OF ACCOUNTING II Weekly Reflection Week Three There are many topics that are covered in week three and with the Christmas and New Year’s break the team would find it beneficial to cover all the topics. These topics include: Chapter 11 1. Identify the major characteristics of a corporation. 2. Record the issuance of common stock. 3. Explain the accounting for treasury stock. 4. Differentiate preferred stock from common stock. 5. Prepare
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Team C Week 4 Summary David Ramirez‚ Kelvin Hemmingway‚ Chad Etzler ACC/291 August 26‚ 2013 Ins: James Covert Introduction As we advanced through week 4 of Principles of Accounting II‚ so far‚ we have absorbed ourselves with a litany of accountancy material. Week 4 continued with variety of content that contained: identifying kinds of shares issued by companies‚ computing shares‚ dividends‚ and stock splits‚ and documenting treasury stock deals. Also discussed in text and throughout discussion
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ACC 291 Final Exam Copy this link to your browser to download: http://www.finalexamguide.com/ACC-291-Final-Exam-1-3.htm 1. On January 1‚ a machine with a useful life of five years and a residual value of $40‚000 was purchased for $120‚000. What is the depreciation expense for year 2 under the double-declining-balance method of depreciation? 2. As a recent graduate of State University you ’re aware that IFRS requires component depreciation for plant assets. A friend has asked you to succinctly
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In this file ACC 291 Week 5 WileyPLUS Assignment you can find right answers on the following questions: Exercise E13-1. Pioneer Corporation had the transactions below during 2011. Analyze the transactions and indicate whether each transaction resulted in a cash flow from operating activities‚ investing activities‚ financing activities‚ or noncash investing and financing activities. Complete the statement of cash flows for 2011 using the indirect method. (List amounts from largest positive
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DOWNLOAD http://www.supportonlineexam.com ACC 291 Final Exam 100% Correct 1.The Sarbanes-Oxley Act requires that all publicly traded companies maintain a system of internal controls. Internal controls can be defined as a plan to A.safeguard assets B.monitor balance sheets C.control liabilities D.evaluate capital stock 2. The purchase of treasury stock A. decreases common stock authorized B. decreases common stock issued C. decreases common stock outstanding D. has no effect on common stock outstanding
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