basic on electronic navigation 2 APPENDIX Definitions of terms to be used in connection with ARPA performance standards 1. Target means any object fixed or moving whose position and motion is determined by measurements of range and bearing on radar. 2. Relative Course means the direction of motion of a target relative to own ship’s position expressed as an angular displacement from north. It is deduced from a number of measurements of target range and bearing or own ship’s radar.
Premium Navigation Cardinal direction
• Lisa Martin was promoted to the position of controller as IRCS. • IRCS saw an opportunity to acquire POS systems at a discount from traditional market prices‚ yet IRCS did not have sufficient funds which made them get a loan for 10 million. • IRCS is required to maintain a a coverage ratio of 3‚ or else it would violate the loan covenant and would have to repay the loan immediately. • IRCS must provide monthly financial statements in accordance with GAAP. • Lisa Martin conducted an inventory
Premium Ethics Generally Accepted Accounting Principles Business ethics
Ethics in Accounting Mistakes Julia Brewer Acct-530-61365 March 9‚ 2014 The following report will discuss Case 1-8 A Faulty budget included in chapter one of the text book Ethical Obligations and Decision Making in Accounting: Text and Cases‚ 2nd Edition. In this case‚ Jackson Daniels is an accountant for Lynchberg Manufacturing and had been employed there since graduating college a couple years back. Daniels was responsible for creating the sales budget for sales of machines manufactured by
Premium Business ethics Ethics Morality
Assignment week 1 (case study ) Mahmmoud Ahmad Mustafa Keller Graduate School of Management Abstract In this assignment‚ there is a case study ; I will solve these problems. Jackson Daniels graduated from Lynchberg State College two years ago. Since graduating from the college‚ he has worked in the accounting department of Lynchberg Manufacturing. Daniels was recently asked to prepare a sales budget for the year 2011. He conducted a thorough analysis
Premium Ethics
that if someone is faithful in little things‚ he/she will be faithful in larger ones‚ and in the same way‚ if someone is dishonest in little things‚ he/she will not be honest with greater responsibilities. So even though Leigh Ann’s lying about her CPA exam dates had nothing to do with a large financial fraud scheme‚ she still lied about a small situation‚ which could easily lead to larger dishonest acts in her future
Premium Audit Financial audit Auditing
income summary‚ and then income summary is closed to retained earnings. Financial statements that are certified are one that an investor can trust to be the most accurate. The financial statements are reviewed and audited by a CPA (certified public accountant). The CPA gives their opinion on the quality and accuracy of the financial statements. They perform a comprehensive analysis of the company as
Premium Balance sheet Income statement Generally Accepted Accounting Principles
Auditing Defined NAT: AACSB-Analytical skills | AICPA BB-Critical thinking 5. Independence is only required for assurance service providers. ANS: T PTS: 1 OBJ: Scope of Services NAT: AACSB-Analytical skills | AICPA BB-Critical thinking 6. A CPA automatically qualifies as an assurance provider in all areas of business. ANS: F PTS: 1 OBJ: Scope of Services NAT: AACSB-Analytical skills | AICPA BB-Critical thinking 7. Attestation services are a subset of assurance services and always involve
Premium Auditing Financial audit Audit
Qualification Programme (QP) Case Analysis Competition 2010 The case Omega Asia Bank Omega Asia Bank Limited is a full-fledged banking and financial services group‚ with a head office located in Hong Kong‚ and with operations in Macau and Manila. The bank is a “licensed bank” under the supervision of the Hong Kong Monetary Authority (HKMA). The bank offers a wide range of banking and finance services including: deposit taking‚ trade financing‚ treasury services‚ commercial loans‚ consumer loans
Premium Bank Balance sheet Asset
practitioner aims to provide professional advice on how the limited resources of an enterprise can be put into optimal use in order to attain the company’s objectives. 5. Examples of assurance engagements on information technology are: a) CPA Web Trust Service b) Information System Reliability Service Refer to page 7 of the textbook for a brief discussion of these services. 6. Refer to page 10 of the textbook. 7. Refer to pages 12 to 17 of the textbook
Premium Multiple choice Engagement Engagement ring
Executive Summery Overview Company Name LOOP-HOLES‚ ACCOUNTING‚ ADVISING‚ TAX AND ASSURANCE SERVICE. Background Loop-Holes was founded in January 2013 by ________ CMA‚ CPA‚ CFA‚ AAMS‚ EA and his business associates _______ CPA‚ CMA‚ JD‚ LLM‚ AAMS and _________ CPA‚ CFA‚ AAMS. The company provides accounting‚ advising‚ tax‚ and assurance services. We also provide our clients with Investment services through our partner company PrimeVest Financial Services. VISION
Premium Management Strategic management Marketing