ruling updates are being contemplated at this moment through pending discussions and through exposure drafts (PWC‚ 2011-2015); we will review a few of these in the next few paragraphs Differences between GAAP and IFRS First we should address a few differences between GAAP and IFRS standards in order to understand the main reasons for so much change taking place at the present time with the standards and rulings and all the discussions of FASB and IASB. Both authoritative bodies agreed to work together
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Week 4 : Internal Control‚ Cash‚ and Receivables - Midterm Top of Form Time Remaining: Question 1.1. (TCOs A‚ B‚ and C) Shareholders want answers to all of the following questions except: (Points : 3) How does the company compare in profitability with competitors? Did the company meet its operating expense budget? Will the company be able to pay its liabilities as they come due? Is the company earning a satisfactory return? Question 2.2. (TCO C) Paying back long-term
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Balance Sheet Notes Preparation and Discussion Odette A. Aquino Pérez‚ Desireé González And Edwin Reyes ACC 545 February 19‚ 2015 Prof. Rafael Marrero‚ PhD‚ MBA‚ CPA Footnotes Preparation and Discussion This week paper requires our team to prepare three notes to the balance sheet and income statement. Also‚ request us to discuss why footnotes are useful and important to financial statements. Below we have included the requested footnotes (prepared based on our experience working with a CPA Firm
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Week 3 Team assignment Kameelah Howard FIN 370 November 4‚ 2013 Tony Moses Week 3 Team assignment Financial planning is the steps or goals used by a company to accomplish financial goals and prepare for future projects or investments. Starbucks has to have a very detailed financial plan in place especially when planning to expand internationally. When conducting business internationally there are some risk factors that do not apply when conducting domestic business. Starbucks has to first
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Discussion Questions Wk 5 ACC/561 Week Five Discussion Questions What is a flexible budget? What types of organizations may use flexible budgets? Why are flexible budgets useful? Flexible budgets work well as a performance evaluation tool in conjunction with a static budget and are basically a comprehensive accounting of the static budget ’s cost variance. Flexible budget expenditures can be stymied by offering employee performance incentives directly relating to staying on the static budget
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Week 4 Quiz 1. An example of a secessionist minority would be a. Native Americans. b. the Amish. c. Irish Catholics. d. Italian Americans. 2. The pattern of grandchildren of immigrants increasing their interest in their ethnicity is called a. ethnic pluralism. b. the principle of third generation interest. c. ancestor worship. d. the theory of bicultural immersion. 3. What is the ethnicity paradox? a. The emphasis on ethnic foods and ethnically associated political associations
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Discussion Questions Week 1 • What are some ways in which receivers of messages provide feedback when listening to or reading a message? What effect does this have on the message? Provide examples. A receiver can provide feedback when listening to a message by offering their opinion or advice on whatever the subject matter was. The message will get a deeper understanding from different ideas being shared. For example‚ a wife tells her husband to go to the grocery store to get milk and bread. The
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Steven Pierce Strayer University Assignment 2 Week 2 CRJ105 7/15/12 A brief description of the term hate crime often refers to an individual‚ a business‚ an institution or even a society as a whole. Many people know hate crimes mainly as racial orientated‚ religious‚ sexual‚ and ethnicity orientated. In June 1993‚ the United States Supreme court upheld a hate crime statute that was based on model legislation originally drafted by the Anti-Defamation League (ADC) in 1981. The Anti-Defense
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Manual Critique Eng/221 August 16‚ 2011 Robert Hodges Manual Critique The Canon iR1210 is an All-in-One office printer designed to make an office more productive. It also has with it a six-page owners manual designed to inform the owner of many features of this printer and how it can make a person’s work around the office more productive by having this printer. This paper will provide critiques of the owner’s manual for the iR1210. The criteria for this critique will be in the following
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Team Deliverables: This week our team agreed on a scenario and delegated who will do which parts of the Assignment. Communication was very effective for this assignment and we have no issues at this time. All members of the team were very considerate to the rest and communicated in a very timely manner‚ except for one team member that we have not heard from in the last two weeks. Time management seems to be going very smoothly as well. We feel that the rest of the team put forth a lot of work; however
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