Accounting

Examine at least two performance ratios that you would use in order to determine which analytical tests to perform. Identify the accounts that you would test, and select at least three analytical procedures that you would use in your audit.

It is common industry knowledge that an audit plan provides the specific guidelines auditors must follow when conducting an external audit. External public accounting firms conduct external audits to ensure outside stakeholders that the company’s financial statements are prepared in accordance with generally accepted accounting principles (GAAP) or International Financial Reporting Standards (IFRS). Use the […]

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Date: September 4th, 2022

Describe the three types of controlled groups. In addition, provide an example of the type of controlled group and any tax consequences associated with that specific structure.

Describe the three types of controlled groups. In addition, provide an example of the type of controlled group and any tax consequences associated with that specific structure. Using the first letter of your last name, answer the question below for which the letter of your name falls in the range. Use your own words to […]

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Date: September 2nd, 2022

Performance feedback is the responsibility of managers who supervise others. How

Performance feedback is the responsibility of managers who supervise others. However, many companies do not require performance appraisals or evaluations of any kind. Activity: Please address the following questions. 1. What is lost when no feedback is required? 2. What can an employee do to change this situation when it is a specific company policy […]

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Date: September 1st, 2022

Prepare an Excel spreadsheet summarizing the following data for each of the 3 or

Prepare an Excel spreadsheet summarizing the following data for each of the 3 organizations (MAP International, Samaritan’s Purse and Lutheran Services in America.): Restricted net assets (permanent and temporary); Total net assets; Ratio of restricted net assets to total net assets; Company’s contribution revenue recognition policy, if disclosed; Two most significant expenses contained in the […]

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Date: August 31st, 2022