Think about the different types of financial statements that you learned about in this unit (i.e., income statement, owner’s equity statement, and balance sheet). If you were an investor, would you place more emphasis on any one particular financial statement? Why, or why not? Your journal entry must be at least 200 words in length. […]
Provide an overall assessment of the city’s financial condition, based on Part 2 above, to the City Commissioner using the information provided, both financial and non-financial. Be sure to reference how GASB standards are reflected in the financial statements and what role GASB plays in the financial reporting process. Your paper should be 3 pages […]
For this assignment, refer to the scenario located in “Problems – Series A” section 10-19A of Ch. 10, “Planning for Capital Investments” of Fundamental Managerial Accounting Concepts. This scenario puts you at the task as a Senior Accountant for Donovan Enterprises to identify the preferred method and best investment opportunity for the company. Create a […]
Describe the operations function and the nature of the operations manager’s job. Be sure to support your comments with references from the literature and cite your sources using APA 7th edition formatting guidelines. Your initial response should be 200–250 words and include at least one reference. Your replies to your peers should be 100 words. […]
Select a current topic/issue in international accounting. (Visit both the FASB and the IFRS to find a potential topic.) Research/find a minimum of at least 10 peer-reviewed journal articles on your topic from the University Library online business database (It is preferred that you use at least 5 different journals/resources). The research must be conducted […]
If you were to open a small business with the knowledge and skills you have acquired to this point, would you prefer to keep your accounting records on the cash basis or the accrual basis? Reflect on the differences between cash basis and accrual basis accounting, and explain why you selected one option over the […]
Identify a company, business, or organization in your community (it can be one for which you work), and share some examples of current and long-term liabilities for that company. Reflect on the financial statement presentation requirements for the company’s current and long-term liabilities. Based on the Unit VII Lesson, what changes would you make, if […]
Instructions Reflecting on the information presented in this unit, if you were the owner of a jewelry store, what type of internal controls would you implement? Why? Your journal entry must be at least 200 words in length. No references or citations are necessary.
Area I: Ethics, Professional Responsibilities, and General Principles Nature and scope Ethics, independence, and professional conduct Terms of engagement Requirements for engagement documentation Communication with management and those charged with governance Communication with component auditors and parties other than management and those charged with governance A firm’s system of quality control, including quality control at […]
Reflect on inventory costing methods. If you owned a small business (one that required you to keep an inventory), what inventory cost method would you prefer, and why? Would your chosen costing method follow the actual flow of your inventory? Your journal entry must be at least 200 words in length. No references or citations […]
