Running head: Fraud Week 1 MBA 576 Fraud Management Week 1 – Principles of Fraud Examination Brenda Heinzen Concordia University As I develop in mind‚ body‚ and spirit‚ I pledge on my honor that I have not given‚ received‚ witnessed‚ nor have knowledge of unauthorized aid on this or any assignment. Brenda HeinzenWeek 1 – Fraud Basics Chapter 1: Introduction Chapter 2: Skimming 2012 Report to the Nations on Occupational Fraud and Abuse at ACFE.com Questions 1. Of the three legs
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As I research on the ratios that these rating companies might use‚ I discover that they love to use the leverage ratios as an indicator. Take American Express and the General Electric as an example. Both of them carry more than 400% Debt to Common Equity while the Long Term Debt Percent to Common Equity are both more than 250% which consider very high in comparing to those obtain positive rating like Boeing‚ whose total Debt percentage to Common Equity is only 201.05%! Other than these leverage
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Financial Information ACC 305 Brenda Forde Financial Information It is important for every internal and external stakeholder in a company to understand if a company is being profitable or not. A company that is failing or not growing can often come from poor financial planning and analysis. The difference between failure and success come from analyzing financial information. Analyzing financial information such as balance sheet‚ income statement and cash flow statement companies can
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Discussion Questions Week 4 Chapter 8 question 6. A firm uses a single discount rate to compute the NPV of all its potential capital budgeting projects‚ even though the projects have a wide range of nondiversifiable risk. The firm then undertakes all those projects that appear to have positive NPVs. Briefly explain why such a firm would tend to become riskier over time. Using the NPV to determine which projects to undertake leads to greater risk over time because best case scenario you can estimate
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get the business started‚ this is considered capital‚ which is an asset and also goes into the Owner’s Equity side. Mr. Smith buys $2‚500 in bike parts by taking out a bank note. The bike parts are an asset and the bank note is a liability in the Accounts Payable category. Mr. Smith repairs bikes and collects $400 in cash and bills customers for another $700. The $400 in cash is an asset and the $700 is an
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DeVry University ACCT540 Week 1Assigment Professor Dr. Uzell Freeman-Williams Silviya Georgieva November‚ 2014 (ASU) 2014-15‚ Presentation of Financial Statements—Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern Under U.S GAAP going concern is a fundamental assumption and a basis of which financial statements are prepared. The update issued August 2014 entity should assess its ability to meet obligations and sets disclosure
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Hybrid Cars I have always wondered what Hybrid cars were all about. Especially because over the past couple of years gas prices have been at record highs. I knew that there were such things as electric cars but until this last year or so I have only seen the wealthy be able to afford to drive them. And from what I had heard about Hybrid cars was that they were over priced‚ small‚ and not so attractive cars. No wonder nobody owns them. Now I am starting to see them more often and they aren’t as
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This report explains how advantageous a hybrid car is and why conventional car should be replaced by hybrid car. Hybrid car is getting more popular and marketable because of its advantages. In essence‚ the report touches on the benefits of owning a hybrid car and some possible effects. The problems that arisen are environmental problems which catch the whole world’s attention‚ the prices and fuel are hiking up and the fuels are limited in supply. Therefore‚ hybrid cars are here to help people to overcome
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In this file you will find overview of the work ACC 349 Week 2 Discussion Questions Discuss Question 1 What is activity-based costing? What are some of the key elements of activity-based costing? How does this method differ from a more traditional costing method? Discuss Question 2 What are value-added processes? How do you determine if a process adds value? How does identification of value-added processes help a company run more efficiently and effectively? Business
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The Effects of Technology on the Accounting Profession ACC 340 The Effects of Technology on the Accounting Profession The adage‚ “Time is money” has never been more true at any point in history than it is today. For the certified public accountant (CPA)‚ the adage holds even more significance as the more time a CPA has to spend in a project‚ the less valuable that project becomes. It also means less time to devote to the next project. Technology has aided the CPA in numerous ways in recent years
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