Auditing and Assurance Services Thirteenth Edition Global Edition Alvin A. Arens Randal J. Elder Mark S. Beasley [pic] Boston Columbus Indianapolis New York San Francisco Upper Saddle River Amsterdam Cape Town Dubai London Madrid Milan Munich Paris Montreal Toronto Delhi Mexico City Sao Paulo Sydney Hong Kong Seoul
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Name ACC 206 Principles of Accounting II Analysis instructor March 25‚ 2012 PART-1 ABC Company has an annual sale of $1.2 million being a very predominant reliable company that would be fruitful‚ and having an increase in sales of 25% from the year prior. There is a possibility of successful growth of three million annual sales in the next three years of business. Being that the company is growing rapidly they should take the adequate steps to propertyanalysis the present
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A Study On Corporate Finance September 6‚ 2010 Report on Financial Analysis on ACC Submitted By Ankit Bhatia: 05 Pallavi Gupta: 26 Divya Sahijwani: 38 Sahil Vijay: 82 Surbhi Sharma: 75 Submitted to: Mr. Ashish Garg LBSIM New Delhi Lal Bahadur Shastri Institute of Management To September 6‚ 2010 Mr. Ashish Garg LBSIM From: Group 1 PGDM-F
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correct accounting period Classification: transactions and events have been recorded in the proper accounts Account Balances at Year End Existence: assets‚ liabilities and equity interests exist Rights and Obligations: the entity holds and controls the rights to the assets‚ and liabilities are the entity’s obligations Completeness: all assets‚ liabilities and equities that should have been recorded have been recorded Valuation & Allocation: assets‚ liabilities and equity are included
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This of ACC 305 Week 3 P7-14 (Page 389) contains: Balance per bank of El Gato Painting Company Business - Accounting Week 3 Required Readings a. Chapter 6: Time Value of Money Concepts b. Chapter 7: Cash and Receivables Discussions Present Value of Annuities. Complete Communication Case 6-3 on page 334. Internal Control. Complete Judgment Case 7-5 on page 391. Quiz Assignments Receivables Bank Reconciliation. Complete P7-10 (Page 388)
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baked. Instructions: Identify the six principles of internal control and give and example of each principle that you might observe when picking up your pizza. (Note: It may not be possible to observe all principles.) The six principles of internal control are establishment of responsibility‚ Physical‚ mechanical‚ and electronic controls‚ segregation of duties‚ independent internal verification‚ documentation procedures‚ and other controls. 1. Establishment of responsibility: Establishment of responsibility
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E3-18 (Page 152) Determine the following 2011 balance sheet items: 1. Current assets 2. Shareholders’ equity 3. Non-current assets 4. Long-term liabilities Solution 3-18 1. Acid-test ratio = Quick assets ÷ Current liabilities =1.20 Quick assets = Current assets - Inventories Quick assets = Current assets - $840‚000 Current assets ÷ Current liabilities =2.25 Current assets - $840‚000 ÷ Current liabilities =1.20 $840‚000 ÷ Current liabilities = 1.05 Current liabilities = $800
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Name: Class: Cost Accounting Date: 02.12.2012 Quiz 5 1) Absorption costing: A) expenses marketing costs as cost of goods sold B) treats direct manufacturing costs as a period cost C) includes fixed manufacturing overhead as an inventoriable cost D) is required for internal reports to managers 2) Variable costing: A) expenses administrative costs as cost of goods sold B) treats direct manufacturing costs as a product cost C) includes fixed manufacturing overhead as an inventoriable
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Managerial Accounting: Week 1 Assignment 1 Corriene Power ACC202: Principles of Financial Accounting Mr. Babawale Alao January 27‚ 2011 10 – 1 Identifying Financial versus managerial accounting characteristics a. Managerial Accounting b. Financial accounting c. Managerial Accounting d. Financial accounting e. Managerial Accounting f. Financial Accounting g. Financial accounting h. Managerial accounting i. Financial Accounting j. Managerial accounting
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CHAPTER 1: EXERCISE 1-5 Asset Cash Equipment Supplies Accounts receivable Liability Accounts payable Notes payable Salaries and wages payable Stockholders’ Equity Common stock EXERCISE 1-6 1. 2. 3. 4. 5. 6. 7. 8. 9. Increase in assets and increase in stockholders’ equity. Decrease in assets and decrease in stockholders’ equity. Increase in assets and increase in liabilities. Increase in assets and increase in stockholders’ equity. Decrease in assets and decrease in stockholders’
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