Financial Reporting Problem Part 1 XACC/290 March 1‚ 2015 Financial Reporting Problem Part 1 J.P. Morgan is a company in the banking industry. J.P. Morgan was established in 1799 and despite multiple stock market crashes and recessions; it is a company that continues to do well in its sector (JP Morgan‚ 2014). J.P. Morgan Bank is the publicly traded company that I chose to analyze the 2013 annual report. At the end of 2013‚ the total assets of J.P. Morgan was 1‚945‚467‚000‚000; one trillion‚ nine
Premium Balance sheet Generally Accepted Accounting Principles JPMorgan Chase
Rivera-Torres 1 Rafael A. Rivera-Torres ACCT 301.001 Mr. J. Eason March 6‚ 2014 Financial Reporting Research A. What were the cash and cash equivalents reported by Coca-Cola and PepsiCo at the end of 2011? What does each company classify as cash equivalents? 1. The only cash/cash equivalents Coca-Cola reported was their Operating Cash. The Company reported $9‚474(in millions) as Cash in their Selected Financial Data‚ Year Ended Dec. 31‚ 2011. 2. PepsiCo reported investments with original maturities
Premium Balance sheet Accounts receivable Coca-Cola
BMAN10621(B) Two Hours Answer Sheet to be provided UNIVERSITY OF MANCHESTER FUNDAMENTALS OF FINANCIAL REPORTING 25 January 2011 09:45 – 11:45 Attempt ALL questions in SECTION A (WITHHELD) (Enter your answers for this section on the multiple choice sheet provided) And attempt the COMPULSORY question in SECTION B And attempt the COMPULSORY question in SECTION C Electronic calculators may be used‚ provided they cannot store text PTO Page 1 of 5 BMAN10621(B) Section A (25
Premium Balance sheet Debt Depreciation
Ethical codes determine a person’s outlook on right and wrong. It influences their interactions with people (Williams‚ 2011). Personal ethics and professional ethics may differ each influences the other‚ and sway the workplace environment (Williams‚ 2011). Companies want their corporate traditions to have a sense of ethical responsibility (Williams‚ 2011). Frequently‚ professional ethics covers the same principles of personal ethics‚ for example honesty‚ and fairness (Williams‚ 2011). These
Premium
Running head: ETHICAL STANDARDS AND CODES Ethical Standards and Codes Dana Brunner‚ Tawana James‚ Kristin Simmons‚ and Fenita Williams University of Phoenix Ethical Standards and Codes Introduction. As far back as the Middle Ages there has been professional associations in place to regulate as well as discipline the members and constrain behaviors. In 1892 the American Psychological Association (APA)‚ was founded in the United States. The APA is the agency responsible for regulating the
Premium Ethics
A sound financial reporting system‚ supported by high quality accounting standards and backed by a solid regulatory‚ governance and ethical framework‚ is a pre-requisite for economic development”. Economic development is affected by many factors; some believe that a strong financial reporting system is one of them. Throughout the report this will analysed and discussed to come to a sound understanding whether it does and if so‚ how effective it really is. High quality accounting standards
Premium Economics Finance International Financial Reporting Standards
Ethical standards are essential when counseling both children and adults. These standards “serve as protection to the public by delineating the boundaries within which counselors should practice” (Henderson & Thompson‚ 2016‚ p. 111). Ethical standards also serve to protect counselors. When it comes to counseling children‚ there are two major ethical issues‚ which are informed consent and confidentiality. In order to begin counseling sessions counselors must obtain informed consent; however‚ this
Premium Ethics Philosophy Business ethics
CHAPTER 1 THE CANADIAN FINANCIAL REPORTING ENVIRONMENT ASSIGNMENT CLASSIFICATION TABLE Topic Brief Exercises Writing Assignments 1. Financial statements and financial reporting. 2. Capital allocation. 1 4 3. Stakeholders. 2 4 4. Objectives of financial reporting. 3 5. Management bias in financial reporting. 1 6. Importance of user needs in financial reporting. 1‚ 2‚ 7 7. Need for accounting standards. 6‚ 7 8. Parties
Premium Public company Privately held company International Financial Reporting Standards
Ethical Standards and Codes Stephenie Carter‚ Sundee Johnson‚ Saroja Nimmagadda‚ Selma Pasagic University of Phoenix Ethical Standards and Codes Ethics to some is an intuition of what is right or wrong‚ and to others it is right or wrong defined by laws‚ rules‚ codes‚ or culture standards. Ethical standards and codes are essential in the professional world‚ especially in a clinical setting. Ethics guide reactions and interactions from which ethical decisions are made. The purpose of this
Premium Ethics Business ethics
Reporting Practices and Ethics Paper Reporting Practices and Ethics Paper Crystal C. Chaney Axia University of Phoenix Instructor: Sandra DiPetro HCS 405 Health Care Financial Accounting Abstract There are many reasons as to why reporting practices and ethical standards are of the upmost importance in healthcare and in any business. The types of generally accepted accounting principles; to the corporate compliance‚ ethics‚ fraud‚ and abuse are all important
Premium Management Ethics Auditing