Project Background Details Stark and Company is a manufacturer that sells robots predominantly in the Asian market. Times have been tough for the auto industry and Stark and Company is no different. The company is under tremendous pressure to turn a profit. Several years ago, as analysts were predicting a large downturn in the robot […]
Background: The creation and empowerment of the IC inserted Congress as a key player in national Intelligence and drove it to reform and migrate to a more bureaucratic structure to comply with new laws, restrictions, oversight, and reporting requirements. Congressional oversight is the responsibility of the Senate Select Committee on Intelligence and the House Permanent […]
Summarize the five-step revenue recognition standards as presented in Chapter 4 of the textbook. Refer to the Starbucks Form 10-K and provide examples of how Starbucks follows the five-step revenue recognition model. Refer to the article “Revenue Recognition Guidance and the Potential for Fraud and Abuse” and discuss how the five-step revenue recognition model may […]
You are forming a business with a couple of construction friends who want to build custom homes. They are good at construction, but do not know anything about accounting. Using the example of the construction in the PBS tv show “This Old House”: Explain for your new business associates how you would do the accounting […]
Preparation of an Income Statement for The Serious Reader Company The first case of this course provides an opportunity to prepare a segmented variable costing (contribution margin, behavioral) income statement and analyze the information. This is a very small company and the information may seem simplistic at first glance. Don’t forget that numbers and hands-on […]
International Taxation and Foreign Tax Credits Overview For this assignment, assume that you are a CPA employed as an international tax consultant hired to provide advice to a U.S.-based client expanding operations into foreign markets. To complete this assignment, please select a U.S.-based corporation that has expanded into foreign markets within the last seven years. […]
Study ASU 2016-02 Leases and ASU 2014-09 Revenue Recognition and conduct additional research, where needed, to address the following: 1) Briefly describe the concepts discussed in both ASUs. Include effective dates for nonpublic business entities. Focus especially on changes relevant to small and medium-sized nonpublic businesses. 2) Considering ASU 2014-09 Revenue Recognition, are there steps […]
Compare and contrast managerial and financial accounting. What are the specific differences and similarities of each? What is the difference between managerial vs financial treatment in manufacturing companies of upstream, midstream and downstream costs?
For this assignment, you will research and compare international and U.S. accounting standards. This will enable you to see how the different reporting methods affect business and how product costs are affected by international business. The learning objectives of this report are as follows: Compare and contrast basic U.S. and international financial accounting standards. Explain […]
Examine agency and employment relationships. Maria Gonzalez is a current employee of eHarbour. Maria was born in Cuba and she immigrated to the United States as a child with her parents. Maria is now a naturalized United States citizen. Maria speaks both fluent English and Spanish, but she does have a Spanish accent. Maria has […]
