Respond to one or more question(s) from each of the three categories below. Category: Stock Market 1. Describe three facts about the stock exchange on which your corporation’s stock is traded. 2. Compare the closing price of your corporation’s stock on the first day of the semester to the day before you post a response… Continue reading Respond to one or more question(s) from each of the three categories below.
What do the terms 2/10, n/30 mean? If you were a consulting company for a company that bought goods under these terms, would you advise it do with respect to these payments and why? Provide an example.
Hello Class, Explain the difference between temporary and permanent accounts: These two accounting actions are used within an accounting equation. They each are used to refer to a very different function. A temporary account would be one that is used to record activity temporarily for the accounting period. These would then be closed into Retained… Continue reading Hello Class,
Explain the difference between temporary and permanent accounts:
Research Analysis: Select a U.S. company that prepares its financial statements using U.S. GAAP as well as IFRS. Select any three specific transactions (e.g. the reporting of Goodwill, Leases etc.). Prepare a comparative Excel spreadsheet which shows the placement of each transaction in the financial statements under GAAP and under IFRS (Income Statement, Balance Sheet… Continue reading Research Analysis:
Select a U.S. company that prepares its financial statements
The General Journal This discussion explains the components of the general journal in world of accounting, and its purpose of recording financial transactions of business in chronological order. Introduction Accounting requires that each transaction impacts a minimum of two accounts. This is known as dual-entry accounting or double-entry accounting (Kemp & Waybright, 2019). T-accounts are… Continue reading The General Journal
This discussion explains the components of the general journ
Select one of the following foreign countries: China, Germany, Japan, Mexico or the United Kingdom, and provide a country profile discussing the topics outlined below. In addition, using EDGAR (http://www.sec.gov/edgar.shtml), find the non-U.S. GAAP financial statements for a company from that country. Prepare a 4-5 page analysis of the country you chose discussing the following:… Continue reading Select one of the following foreign countries: China, Germany, Japan, Mexico or
INSTRUCTIONS: You receive a call from an Apple investor who asks you the following questions: 1) Why does Steve Jobs believe that the non-GAAP revenue numbers reported by Apple are a better measure of its iPhone sales than the revenues reported under U.S. Generally Accepted Accounting Principles (GAAP)? Ensure you explain the differences in the… Continue reading INSTRUCTIONS:
You receive a call from an Apple investor who asks you the followi
Please explain why “stealing inventory” is one of the most interesting fraud schemes committed by an employee. Provide a short explanation as to what it is and why you find it interesting.
You work as an analyst for a financial institution that is considering investing in BP plc’s bonds. You are required to prepare a report for your board of directors that analyses and interprets BP plc’s 20xx results to help your board of directors reach a decision about whether to invest in these loan (or debt)… Continue reading You work as an analyst for a financial institution that is considering investing
LOGITECH FRAUD CASE How do ethical standards influence what actions should have been taken? How do professional standards (i.e., AICPA) influence what actions should have been taken and whether any ethics rules have been violated? What efforts could you make as a hypothetical member of firm management to have prevented the fraud? What should have… Continue reading LOGITECH FRAUD CASE
How do ethical standards influence what actions should have