Week 5: Case Study 2 - Internal Control Acct Fin: Managerial Use‚Anlys 1. Inform the President of any new internal control requirements if the company decides to go public. (7 points) Answer – Based on facts given in the case‚ new internal control requirements that are needed for the company to go public are listed below a. Compliance with Sarbanes-Oxley Act Regulations b. Compliance with SEC‚ GAAP and IFRS procedures to record all transactions c. Internal audit on company financial
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ACCT 2010: Fall 2012 Sections L08‚ L09‚ and L15 GROUP PROJECT Please form groups of four to five students. Each group should analyze three cases provided below and write a short report. The objectives of the project are to help you develop the ability to 1) evaluate situations that have ethical implications‚ 2) identify the stakeholders and their interests‚ 3) describe ethical dilemmas and propose solutions‚ and 4) explain the importance of social responsibility. Each group should submit a written
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ACCT 350—TENTATIVE SCHEDULE—Spring 2015 DATE TOPICS/CLASS WORK HOMEWORK 1-14 Course Introduction Chapter 2: Basic Cost Management Concepts 1-21 Chapter 2 continued Chapter 4: Activity-Based Costing Read Chapters 2 and 4 Ch 2: 28‚ 32‚ and 33 Ch 4: 28 and 29 1-28 Chapter 4 continued Chapter 7: Allocating Costs of Support Departments and Joint Products Introduce Time-Driven ABC article and Kemps LLC case Read Chapter 7 Ch 4: 30‚ 32‚ and 33 Ch 7: 7‚ 8‚ 9‚ 12‚ 20‚ 21‚ and 34 2-4 Chapter 7 continued
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document of COM 530 Entire Course you will find the next files: COM 530 Week 1 DQs.doc COM 530 Week 1 Organizational Behavior and Communication Paper.doc COM 530 Week 2 DQs.doc COM 530 Week 2 Group Communication Paper.doc COM 530 Week 2 Reflaction.doc COM 530 Week 3 DQs.doc COM 530 Week 3 Organizational Commitment and Communication Paper.doc COM 530 Week 3 Reflaction.doc COM 530 Week 4 DQs.doc COM 530 Week 4 Reflaction.doc COM 530 Week 4 Synergetic Solutions Report.doc COM 530 Week 5 DQs.doc
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Patrick Treadwell Acct 301 Project 4 Case 9-1 Hudson has been dealing with substantial warehouse costs. Hudson should account for these warehouse costs related to inventories by removing them from the cost of inventories. We learn that certain criteria need to be met in order to establish this which includes: cost incurred to bring inventory in a location to sale (Spiceland). Hudson Company uses the lower-of-the-cost-or-market method for the reason that is allows you not to place greater value
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Integration of Faith Liberty University February 3‚ 2013 Introduction Money is integral to an economy. It creates a fair system of trade‚ helps measure the value of products and services‚ and encourages people to work hard. The Bible does warn about greed‚ “He that loveth silver shall not be satisfied with silver; nor he that loveth abundance with increase: this is also vanity” (Ecclesiastes 5:10‚ King James Version). Having a goal of running a successful business is not against the Bible’s
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Test 1 Chapters 1-4 Student: ___________________________________________________________________________ 1. A cause-and-effect relationship is implicit in the: A. Realization principle. B. Historical cost principle. C. Matching principle. D. Going concern assumption. 2. Accounting standard setting has been characterized as: A. A political process. B. Using the scientific method. C. Pure deductive reasoning. D. Pure inductive reasoning. 3. The FASB ’s conceptual framework ’s qualitative
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Aligning HRM and Business Strategy Business strategy is the scope and direction that an organization takes so as to achieve its aims and objectives and gain competitive advantage in the market (Schuler & Jackson‚ 2008). Normally‚ the strategies of organizations are based over a long duration of time and are achieved through aligning the resources and structure of an organization in a way that ensures that it meets the needs of the market as well as fulfill the expectation of stakeholders. Business
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ACCT 712 Final Exam 1. Net cash will be different from a company’s net income because of the changes in working capital (inventories‚ receivables‚ etc.) which is derived in the operating flows on a cash flow statement. By taking net income and making adjustments to reflect the changes‚ net cash flow from operating section will show how cash was generated. Another main reason is the translation process from accrual accounting to cash accounting because for example revenue reported on a accrual
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Alignment of HRM and Business strategies HRM 530 June 23rd‚ 2013 The essence of HR is very strategic and when properly aligned‚ HR contributes to a successful strategy and the financial underline. The alignment between HR and the strategy of an organization starts with a strategy-focused professional. Secondly‚
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