I am a graduate student form Kelley Business School at Indiana University and setout working at your accounting department in Ling Clothing Company. During look through the financial statement‚ I find some of transactions and events have a few mistakes in your company‚ which conflict with accepted accounting theory and GAAP. There are some mistakes I will present: The company switched from FIFO to LIFO in accounting for inventory. The preceding year it had switched from the weighted-average method
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Date: 04/09/2013 To: Wendell Nekoranec From: Favio Suastegui Subject: Act on Facts‚ Not Faith Evidence-based management is important in making management decisions. The article emphasizes facts over “gut instinct” or opinion in making management decisions. Data and evidence provide a basis for which organizations can react to and assess situations. Evidence-based leadership is similar to a scorecard in which organizations can measure results. The purpose of gathering facts is to
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Laurent Bailey ACC 501 Module 1 Case May 9‚ 2015 Mr. Dixit To: Serious Reader Company From: Laurent Bailey‚ Sr. Accountant Date: May 4‚ 2015 Subject: Quarterly Review Serious Reader Company‚ I’ve attached our completed income statement to this email‚ but I also wanted to quickly discuss the outcome your results. Overall Result Over the past year you have sold 4300 books‚ which look great on the surface. However you have experienced a severe profit loss. From the
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IFRS Illustrative financial statements October 2012 kpmg.com/ifrs 1 Contents What’s new 2 About this publication 3 Independent auditors’ report on consolidated financial statements 5 Consolidated financial statements 7 Consolidated statement of financial position 9 Consolidated statement of comprehensive income – single-statement approach 13 Consolidated statement of changes in equity 17 Consolidated statement of cash flows 21 Notes to
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The movie “Blood In…Blood Out‚” is a movie about the realities of the streets‚ crime‚ drugs‚ gangs and prison life. It tells the story of three young Chicano teens who are trying to survive in East Los Angeles. First‚ you meet Paco‚ a rebellious teen that loves a fight‚ and is in a small East Los Angeles Street gang called “Vatos Locos.” Then‚ there is his half brother Cruz‚ who is an artist‚ he is trying to stay away from the gang life by painting‚ however‚ he still is and hangs with the Vatos Locos
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PRIDE Chapter TMN Proposal for Western Memo Date: To: From: CC: Subject: June 27‚ 2015 Delise Talley‚ Western NC Area President for Retail Banking Anthony Welch‚ High Country and Table Rock Regional Services Senior Consultant for Regional Services‚ DSSG Tammy Setzer‚ Carolinas West Regional Services Manager for Regional Services‚ DSSG Proposal for PRIDE Chapter Team Member Network in Western NC Purpose The purpose of my proposal is to request authorization to research the necessity‚ including
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Flash Drives A common property of mass storage systems based on magnetic or optic technology is that physical motion‚ such as spinning disks‚ moving read/write heads‚ and aiming laser beams‚ is required to store and retrieve data. This means that data storage and retrieval is slow compared to the speed of electronic circuitry. Flash memory technology has the potential of alleviating this drawback. In a flash memory system‚ bits are stored by sending electronic signals directly to the storage medium
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For most people‚ getting woke up at 2:30 a.m.‚ learning to drive tractor at the age of nine‚ or getting to watch a baby calf take its first breath are unusual experiences. However‚ these things are normal and even become a way of life when you live on a beef cattle farm. Plans get cancelled‚ church clothes get dirty‚ and becoming best friends with a cow sums up the life on a farm. When people say “start them young‚” they are usually referencing to sports or school‚ but for farming lifestyles this
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Chapter 1 1.0 Introduction Blood Donor Recruitment (BDR) is the process of drawing blood from a voluntary Blood Donor (BD) for future blood transfusion‚ Wikipedia (2006). In Nigeria‚ blood collection‚ safety and management is an activity that is carried out by Nigeria Red Cross Society (NRCS) in partnership with Nigeria Blood Transfusion (NBTS). Founded in 1939‚ NRCS is part of the world wide Red Cross Humanitarian Movement whose mission is to mobilize the power of humanity for improving the lives
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it‚ and compete to bid for hosting the Olympic Games to gain benefits (Toohey & Veal 2007‚ pp.1-4). It is therefore suggested in this essay‚ nations consider that hosting Olympic Games can bring benefits beyond economic profits to country. Infrastructural development‚ cultural benefits and national brand enhancement are three benefits to be examined‚ with specific countries which have had hosted Olympic Games. Infrastructures were developed as a result of hosting Olympic Games. Most Olympic
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