Case 26 - 3 Hanson Manufacturing Company Pablo Santacruz For Professor C. E. Reese In partial fulfillment for the requirements for ACC 770 – Managerial Accounting School of Business/Graduate Studies St. Thomas University Miami Gardens‚ Fla. Term A2/ Fall‚ 2014 December 11‚ 2014 Table of Contents Issues: Questions……………………………………………………..…… 3 - 4 Facts………………………………………………………………..……… 5 - 6 Analysis…………………………………………………………………… 3 - 4 Conclusions: Solution and/or Recommendations……………………… 3 - 4
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inventory of Waqec Stationary Sdn Bhd‚ are essentially buying the merchandise and held them for sale in the ordinary cost of business which is under the classification of inventories. As we can see from the figure 1.1 above‚ FRS 102 Inventory in this case mainly focuses on the shaded area‚ which are numerous accounting issues arise particularly in determining the costs of inventories‚ Net Realizable Value. Purchase Order Activity When purchasing a certain commodity‚ Waqec Sdn Bhd will be issued invoices
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Ethics Case Study Dien Huynh University of Phoenix ACC/557 Accounting Ethics Instructor: MICHELE SCOTT 11/16/2012 Ethics Case Study The case study of Lillian Fok‚ Sandra Hartman and Kern Kwong in 2010 about differences and similarities in business ethical values has been done to examine ethical values that underlie business decisions in the U.S.‚ China‚ and Jamaica. China transforms from a socialist based‚ command economy to a free market economy. Because of the transformation
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Bradley sent me a copy of his test of controls work that he did on sales transactions. (Please tell him to send his work to you‚ rather than me.) Based on what Bradley found‚ there looks to be some serious problems in Sales and A/R. You need to write a memo identifying and explaining the significance of the qualitative features indicated by these deviations. Some things you may want to think about: * If the control performance were uniform for the year‚ the deviations would be evenly distributed
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CONTROLS IN AN EDP ENVIRONMENT The second standard of field work requires that we obtain a sufficient understanding of the client’s internal controls (I/C) to plan the audit and assess control risk. We hope that our assessment of control risk shows it to be low so that we can reduce substantive testing‚ thereby reducing audit costs. When EDP is used in significant accounting applications‚ then you must consider the effects the computer has when evaluating the internal controls. The auditor’s
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Case 2.3 Instructional Notes Flash Technologies‚ Inc.: Risk Analysis and Resolution of Client Issues Group Assignment Mark S. Beasley‚ Frank A. Buckless‚ Steven M. Glover‚ Douglas F. Prawitt INSTRUCTIONAL OBJECTIVES • • • • • • To provide students with an opportunity to learn (by doing) how auditors identify various client and audit risks. The case also provides students with insight into how a risk analysis ties in to the strategic audit planning process. To provide students
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Presentation Co-Habition 15’ I. Intro (Hưng): 1. Introduce the group 2. What is Cohabittion? Cohabitation is an arrangement where two people who are not married live together in an intimate relationship‚ particularly an emotionally and/or sexually intimate one‚ on a long-term or permanent basis. II. Body (Nhàn‚ Hạc‚ Cúc‚ Trí): 1. Advantages (Nhàn‚ Trí) i. Protesting the Institution of Marriage * Despite religious‚ cultural and legal biases against non-traditional unions
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University. The period for the training is two months‚ tentatively from May 1st to 30th of June‚ 2013. Students are not allowed to change the organization of training assigned to him/ her without prior written permission of the Dean/ OJT Coordinator. In case such a thing happens the OJT project will be considered invalid. 1. Objectives of the OJT: 1.1. To provide an extensive exposure to the student on hands-on experience in a corporate environment or research activity. 1.2. To ensure that
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Subject – AUDIT Topic – AUDIT OF BANKS. Name – Arwa Khambati Roll no. – 29 College Name – Sydnehem College of Commerce and Economics Seat Number - Certificate of Completion Date: 19/10/2013 This is to certify that Ms. Arwa Khambati (Roll No. 29) a student of Master of Commerce (Part 2)‚ Sydenham College of Commerce and Economics‚ has undergone Project work on titled AUDIT OF BANKS. 19/10/2013 Mumbai
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Chemistry II lab Why do liquids evaporate at different rates? Section1: Have you ever left a container with some type of liquid in it and wondered how it could it evaporate so quickly? The evaporation of an unpredictable liquid is an endothermic process that results in a temperature decrease. The amount of temperature decrease is related to the strength of intermolecular forces of attraction. The rate of evaporation can be described as the change of temperature divided by the time it takes to
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