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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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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Accounting Memo Irene Emond BCOM/230 July 14‚ 2014 Jay Johnson Accounting Memo When creating a memo‚ the first thing to do is to know and identify your purpose and your audience. Failing to know your audience can result in misinterpretation‚ needing more clarification or being altogether ignored. Considering your audience is a must‚ as it falls under the same category as knowing the purpose of your memo. Upon reviewing the given example‚ I would suggest using the commonly accepted format. The first
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American Southern Airline 1804 Freeland Street East Warf‚ WA 97458 November 20‚ 2012 Mrs. Leticia Tomlinson 1952 Kanako Lane Mount Vernon‚ WA 98273 Dear Mrs. Tomlinson: At American Southern Airline‚ we take pride in exceptional customer services. Not only is our staff regularly trained but also highly motivated to ensure comfort and convenience for our customers. Giving such importance to our customers is what differentiates us from other airlines operating in the country. Over the
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Letter of Application 1719 Escuela St. Brgy Nuevo Guadalupe Makati‚ City October 9‚ 2014 Banco de Oro‚ A-Arnaiz Paseo 832 Arnaiz Ave
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“UNDERWATER ISLAND RESORT” A great place to stay in and a great place to enjoy and relax! Here at Underwater Island Resort which is located at the beautiful island of Bantayan in Cebu City‚ you will enjoy the great scenery and you will have a different vacation than ever! Underwater Island Resort that was being establish by Ms. Lovina M. Mercader last April 29‚ 2010 which offers a variety of services and treats for every guest who will be visiting the said resort. With Ms. Mercader’s team
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September 21‚ 2012 RCG Company #21-33‚ Marcos Avenue Khaile City‚ New York Mr. Benjie Tanawan President PNG Company #987079 Avelin St. New York City‚ New York Dear Mr. Benjie Tanawan‚ We have already finished the major case for the main body of the printing machine. There will be some changes in the software itself because there are some incompatible software commands to the machine. The functionality is now being enhanced. Respectfully yours‚ Russel Mae Bool Overall Project
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Bradley sent me a copy of his test of controls work that he did on sales transactions. (Please tell him to send his work to you‚ rather than me.) Based on what Bradley found‚ there looks to be some serious problems in Sales and A/R. You need to write a memo identifying and explaining the significance of the qualitative features indicated by these deviations. Some things you may want to think about: * If the control performance were uniform for the year‚ the deviations would be evenly distributed
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Chemistry II lab Why do liquids evaporate at different rates? Section1: Have you ever left a container with some type of liquid in it and wondered how it could it evaporate so quickly? The evaporation of an unpredictable liquid is an endothermic process that results in a temperature decrease. The amount of temperature decrease is related to the strength of intermolecular forces of attraction. The rate of evaporation can be described as the change of temperature divided by the time it takes to
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