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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Subject: Claim to cancel the legitimacy of gambling My presentation was on the bad roles of gambling to the American society. The objective was to convince the audience to claim the cancelation the legitimacy of gambling given its consequences such as the loss of health and money. My topic was appropriate for my classmates. My approach started with little connection between the financial crisis and gambling and how people could not pay their obligations to banks. In my presentation‚ I tried
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and Diaoyu Island pose great challenges to this goal. This policy memo points out a problem in the existing foreign policy that the US’s ambiguous position in East Asia would be adversarial in maintaining its own national interests. A clearer positioning of the US in East Asia is necessary. While active military engagement and subtle engagement are not feasible‚ the position as a mediator fostering regional cooperation and mutual trust is the only available option left. Background and Foreign
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Rocky Gagnon is 50 years old carpenter who wants to make some changes for the way he earns his money. Due to his health condition especially his back‚ instead of working hard physically‚ he wants to work with his mind by creating an effective house-building team which includes various type of construction workers. Gagnon wants to continue his life as a general contractor‚ but as a general contractor he encounters some problems of building a team; therefore he has hired a well-known and respected
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In 1964‚ Hiroaki (Rocky) Aoki opened the first Benihana ’s on the West Side of New York City. This would prove to be a beautifully planned opportunity for the young restaurateur in that the idea and marketing approach was unique. This concept has outlived other competitors as well as proved to be worthy of expansion. The concept has not changed in the forty years of the business. However there are certain opportunities that have displayed themselves to Rocky. This has proved to be difficult
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he wasn’t always fine because he was trying moving forward. It’s really what we’re all doing‚ searching for answers‚ healing pain‚ and trying to be the master of our own destiny each day. As funny as it sounds‚ the book made me want to learn about Rocky Horror Picture Show. I had never seen the film‚ but I am willing to
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MUTUAL FUND INVESTMENT I have taken up the project of Mutual Fund Investment under the guidance of Mrs. Poonam Sharma. This project will help me to plan my investments for my betterment in the future. I will come to know about the various investment schemes and patterns which are available in the market. As a student it will enhance my knowledge in the field of Investment. AIM/OBJECTIVE This project aims at analyzing the investment patterns among the investors. The foremost objective
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