status of the organization. In addition to financial statements‚ you discuss regulatory factors such as the Sarbanes-Oxley Act and the regulatory agencies responsible for national and international accounting standards. Financial Reporting and Analysis OBJECTIVE: Differentiate between financial statements. Resources: Ch. 1 of Accounting Content • Ch. 1: Introduction to Financial Statements of Accounting o Forms of Business Organization o Users and Uses of Financial
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ordinary audit of financial statements is the expression of an opinion on: Student Answer: the fairness of the financial statements. the accuracy of the financial statements. the accuracy of the annual report. the accuracy of the annual report. Instructor Explanation: Page 142 Points Received: 2 of 2 Comments: 5. Question : (TCO 4) The responsibility for adopting sound accounting policies and maintaining adequate
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Set 1 Q.1 Which stakeholders require financial reports and why? Stakeholders of financial reporting can be grouped into a) Internal stakeholders a. Managers and Owners: Financial reporting provides a comprehensive view of financial position of an organization‚ financial analysis is performance based on data provided in financial reports. This information is used by managers and owners to perform smooth operation and formulate contractual term between the company and other organization
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previously issued quarterly and audited annual financial statements for the fiscal year 2011‚ 20012 and 2013 including its recently released earnings from March 4‚ 2013.. Tech Data Corporation announced to restate in the recommendation of management‚ audit committee of its Board of Directors and after discussion with the Company’s independent accountants‚ Ernst & Young LLP. Tech Data Corporation will look for a 15 day filing extension for its Annual Report on Form 10-k of the fiscal year ended January
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from the bottom and rose to become the CEO. In her influential speech‚ she has disclosed the company’s annual report proving the employees and to the public that the company’s performance is changing for the better and the results from the worker ’s achievements. According to a previous class in Phoenix‚ Accounting‚ Generally Accepted Accounting Principles (GAAP) provides company annual reports to the public‚ but in some part of Asia these information are not public. Ching’s bold decision to make
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This quiz is based on the most recent annual report of PepsiCo‚ Inc. You can obtain Pepsi’?s financial statements from the firm’?s corporate web site at http://www.pepsico.com/Investors.html. Unless otherwise indicated‚ all questions relate to the current period’?s financial statements. 1. What type of asset(s) does Pepsi lease with its operating leases? Non-cancelable operating leases primarily represent building lease. 2. How much does PepsiCo. owe related
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|10 Tips for Writing a Great Annual Report | |By Kivi Leroux Miller | |Even though nonprofit organizations aren’t required to produce annual reports like publicly traded companies are‚ most nonprofit | |managers recognize the value of producing one. Annual reports can help you demonstrate your accomplishments
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power of the annual report at DTCC”‚ Goldstein (2005) points out the reason why communication opportunity and unique marketing should be seized. This article is related to the report of efficiently communicating of the annual report; however‚ it is not a useful source for its limited relevance and potential bias. This article is about marketing process and communication. Goldstein (2005) argues that annual report cannot reach readers whatever in which form‚ online or printed‚ if the report is not modern
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by market capitalisation in the world. The company has operations in three industries: Online employment classified advertising; the provision and execution of training courses; and overseas investments in online employment websites. The annual report of SEEK Limited shows that the company has ownership interest in many entities. The majority of these entities are wholly owned (100%) by SEEK Limited and therefore are classified as subsidiaries in the consolidated financial statements. The
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Managing Financial Resources and Decisions 4 Credit: 15 H/601/0548 Subway Please Provide Tutor Name Here /Assessor Panel Dr Keith Hoodless To meet LO 1 Assessment method To meet LO 2 To meet LO 3 Written Report not exceeding (excluding financial data/analysis) 2500 words To meet LO 4 Key dates: Assignment distribution date to learners Assignment submission date Assignment returns date to learners (if applicable) 23rd January 2014 15th April 2014 Within 4 weeks after
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