Accounting

Select a public ally traded company that is traded on the us exchange.

Select a public ally traded company that is traded on the US exchange. Locate the annual report for at least the last three fiscal years. Analyze the financial statements for the company and review for large movements in specific accounts from one year to the next. In addition, review the notes to the financial statements […]

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Date: November 5th, 2022

Briefly outline the year-end steps to comply with the new fasb statements.

Research the FASB and related positions after 2007. Two new FASB statements (141R and 160) were issued in 2007 and are now incorporated in ASC 805 and 810. You are aware that these two new statements require consolidated financial statements. Your supervisor is in need of guidance on what constitutes “consolidated financial statements.” Write a […]

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Date: November 5th, 2022

Using your business idea/plan that we have been discussing with your business partner, identify, define and explain an incremental cost, opportunity cost and sunk cost.

Using your business idea/plan that we have been discussing with your business partner, identify, define and explain an incremental cost, opportunity cost and sunk cost. You will need to be somewhat creative in your response. Respond to this question with 5-7 meaningful sentences (or more – this one could be more!). Be sure you answer […]

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Date: November 4th, 2022

Public debt accounting

Using any of the following topics: A. Public debt accounting B. Local Government Accounting C. Accounting for Central Government stores D. The accounting system for Central Government E. Financial statement analysis and interpretation F. Computerization of Government accounting systems (1) formulate 3 research questions (2) Copy and paste 5 links ( journal articles, public documents […]

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Date: November 4th, 2022

Write a response that describes

As discussed in the text, variable interest entities affect thousands of business enterprises that now, as primary beneficiaries, consolidate entities that qualify as controlled variable interest entities (VIEs). Retrieve the annual reports of one or more of the following companies (or any others you may find) that consolidate VIEs: The Walt Disney Company General Electric […]

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Date: November 4th, 2022

Describe the accounting for any non-controlling subsidiary interest and any other business combination–related items in the consolidated statement of cash flows.

Download Pfizer’s 2015 annual report (search for Pfizer Investor Relations). Locate the firm’s consolidated statement of cash flows and answer the following items: Does the firm employ the direct or indirect method of accounting for operating cash flows? Why does the firm account for the changes in balances in operating accounts (e.g., accounts receivable, inventory, […]

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Date: November 4th, 2022

What kinds of industries or companies do you think would benefit most from using activity-based costing and why?

Activity-based costing (ABC) is not just a cost collection mechanism, but rather more of an inventory valuation method. The main purpose for implementing an activity-based cost system is to try to overcome the cost distortions that occur in traditional costing from product differences when there are variations in size and complexity. However, one of the […]

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Date: November 4th, 2022

Describe the year-end closing process.

Write: Make sure your response addressing the following questions is more than 200 words and that you include an in-text citation or a brief quote from the reading material where appropriate. Describe the year-end closing process. What are the four steps in the closing process? Provide an example journal entry for each. What is the […]

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Date: November 4th, 2022

How you would structure the distribution of costs using abc for samsung.

Samsung’s New Challenge: Rising Component Costs [WLOs 1, 2, 3, 4] [CLOs: 2, 3 6] Prior to beginning work on this assignment, read The Wall Street Journal article Samsung’s New Challenge: Rising Component CostsLinks to an external site., and the Business Insider article Samsung Introduced 10 Times as Many Phones as Apple Last Year, but […]

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Date: November 4th, 2022