How have user’s needs impacted the development of accounting principles for the reporting of state and local government units? Should governmental units be held to a higher ethical standard based on their user’s needs as opposed to the user needs of private businesses? Please write and one page and half
Overview: In addition to the tax consequences of the form in which an entity chooses to do business, the tax consequences of how the entity chooses to manage business operations on a day-to-basis and record them for accounting purposes can also have significant implications for the success of a business. Organizers must make key decisions […]
Instructions Topic: Teaching Effective Supervisor Skills Instructions: This project requires you to develop a PowerPoint slide presentation for use as a training tool with brand new supervisors! You are in charge of presenting them with information on how to transition from a worker to a supervisor. There is great satisfaction in taking a brand new […]
Term 5 Unit 8 Discussions Unit 8 DB: How to Respond to Requests to Act Unethically (LAW204 Business Law) Imagine that you work for a mortgage broker. You are considering the application for a mortgage for someone who falls below the income threshold. When you bring the application to your supervisor, she tells you “Just […]
Stock Transactions [WLOs: 3, 4] [CLOs: 2, 3] Prior to beginning work on this discussion forum, read Chapters 14 and 15 in the course textbook. To establish effective internal control over a corporation’s stock transactions, the corporation should utilize the services of an independent registrar and transfer agent. Address the following in your discussion post: […]
Plant and Equipment [WLOs: 3, 4] [CLOs: 1, 2, 3, 4] Prior to beginning work on this discussion forum, read Chapters 12 and 13 in the course textbook. Plant and equipment are not as inherently risky as are other assets, such as inventories and accounts receivable. However, a company should still endeavor to maintain effective […]
Respond to the following in a minimum of 175 words: Internal control is a process that is designed to help firms reach their goals and objectives as measured with respect to maintaining reliability, operational efficiency and effectiveness, and consistent financial reporting. In addition, adequate internal control ensures mitigating risks and compliance with regulations and policies. […]
Analyze the criteria for the sale of receivables. Propose one method that would achieve the maximum amount of money from the sale. Respond: According to the Wiley CPA review, “Accounts Receivable (AR) is the proceeds or payment that a business or a company gets back from their customers” A debtor who is person or enterprise […]
Read the article As SOX Hits 15, Ethics Fall Short, which discusses the perceptions and the pros and cons of the Sarbanes-Oxley Act 15 years after its inception. In your initial post, address the following: What implications does Sarbanes-Oxley have for corporations versus for small businesses? Based on your personal and professional goals, what impact […]
For this final discussion, reflect on your experiences in the course and explain how they relate to your personal career goals. Referring to your experiences in this course and thus far in the program, would you prefer to pursue a career in financial accounting or cost accounting? Explain your reasoning.