Australian Taxation Law

The $5,000 received after the trading period qualify as income for the period ended 30 June 2010. This is in accordance with accruals accounting method. income is recognized when it is earned. All this is in accordance with and requirements of section 6-5. The trading stock for Philip’s business has to be evaluated according to the general rule of accounting …

Finance and Accounting Sparkle Plc

The annual report not only contains the financial statements such as income statement, balance sheet, or cash flow statements but also other reports such as director’s report, auditor’s report, corporate social responsibility information, etc. In short, the annual report contains company’s business functions, products or services, sources of finances and resources, human resource involvement, countries of operation, responsibilities and contribution …

Methodological Analysis of Human Resources Strategy

I can be creative in emergent atmospheres and can face difficulties. I can adapt creative thoughts and proposals and setting goals and achieve them. I have completed a Master degree in Business Administration specializing in Human Resource Management. I possess work experience as 1st Lt. Officer in Abu Dhabi Police G.H.Q-(Strategic Department). Also, I had been a Warrant Officer in …

Internation Accounting

Narsimha Rao and the finance minister Dr. Manmohan Singh in the year 1991. Through this reform foreign direct investment was brought in many sectors. By the 20th century India headed towards a free market economy which reduced the state control of the economy with increased financial liberalization (Datt Sundharam, 2009, p. 976). The Indian economy is the eleventh largest in …

Financial Accounting at Tesco Plc

Tesco Plc complies with International Financial Reporting Standards (IFRS). Specifically, Tesco Plc’s £4,338 m goodwill and other intangible assets amount complies with IFRS no. 3, Business Combinations, which states that must identify and fair value the intangible assets amortization charges and costs. IFRS defines an intangible asset as lacking physical substance and are not financial instruments. Likewise, IFRS requires entities …

Self Reflection

From the closer assessment of my personal and professional skills, it is apparent that the following skills were developed from the course: analytical skills, critical thinking, and intellectual growth from increased inputs on AIS concepts and theories, comprehension skills, the ability to interpret and apply required tasks and activities, an increased understanding of financial and accounting operations of an organization, …

“Accounting and Ratio Analysis of Marks &amp

Spencer Company"And secondly, it enables the organization to understand which products or assets of the company are producing more revenues for the company, how efficiently these are being utilized, and which products or assets are not profitable and should be replaced or eliminated.From the reporting perspective, accounting provides the bookkeeping of day-to-day activities and every transaction that is taking place. …

The Enron Scandal and a Look at the Accounting Practices that Permitted it to Happen

Enron’s bankruptcy marked a period of large public company failures that were all linking to financial reporting and accounting areas that included Tyco International, WorldCom, Xerox, the accounting firm of Arthur Anderson, and others (Patsuris, 2002). The reason why Enron stands above the other corporate scandals is the magnitude as well as the scope of Enron’s misconduct, and financial fallout …

Principle of Accounting

A higher current ratio indicates that the company has enough liquidity to meet its short term obligations. However, the too-large current ratio may be negative as this would indicate that assets are not being utilized effectively. As shown from the above calculations, Company ‘C’ is performing better than the other two companies in terms of maintaining liquidity to serve its …

Auditing and Its Environment

Auditors are independent when their functioning is not affected by the vested interests of parties, other than shareholders, in the financial statements. Management is one of such parties that can directly influence the independence of auditors especially when auditors are advocating causes than auditing. Whether an auditor is actually independent when he appears to be independent is a matter that …

Australian Taxation Law

The $5,000 received after the trading period qualify as income for the period ended 30 June 2010. This is in accordance with accruals accounting method. income is recognized when it is earned. All this is in accordance with and requirements of section 6-5. The trading stock for Philip’s business has to be evaluated according to the general rule of accounting …

Finance and Accounting Sparkle Plc

The annual report not only contains the financial statements such as income statement, balance sheet, or cash flow statements but also other reports such as director’s report, auditor’s report, corporate social responsibility information, etc. In short, the annual report contains company’s business functions, products or services, sources of finances and resources, human resource involvement, countries of operation, responsibilities and contribution …

Methodological Analysis of Human Resources Strategy

I can be creative in emergent atmospheres and can face difficulties. I can adapt creative thoughts and proposals and setting goals and achieve them. I have completed a Master degree in Business Administration specializing in Human Resource Management. I possess work experience as 1st Lt. Officer in Abu Dhabi Police G.H.Q-(Strategic Department). Also, I had been a Warrant Officer in …

Internation Accounting

Narsimha Rao and the finance minister Dr. Manmohan Singh in the year 1991. Through this reform foreign direct investment was brought in many sectors. By the 20th century India headed towards a free market economy which reduced the state control of the economy with increased financial liberalization (Datt Sundharam, 2009, p. 976). The Indian economy is the eleventh largest in …

Financial Accounting at Tesco Plc

Tesco Plc complies with International Financial Reporting Standards (IFRS). Specifically, Tesco Plc’s £4,338 m goodwill and other intangible assets amount complies with IFRS no. 3, Business Combinations, which states that must identify and fair value the intangible assets amortization charges and costs. IFRS defines an intangible asset as lacking physical substance and are not financial instruments. Likewise, IFRS requires entities …

Self Reflection

From the closer assessment of my personal and professional skills, it is apparent that the following skills were developed from the course: analytical skills, critical thinking, and intellectual growth from increased inputs on AIS concepts and theories, comprehension skills, the ability to interpret and apply required tasks and activities, an increased understanding of financial and accounting operations of an organization, …

“Accounting and Ratio Analysis of Marks &amp

Spencer Company"And secondly, it enables the organization to understand which products or assets of the company are producing more revenues for the company, how efficiently these are being utilized, and which products or assets are not profitable and should be replaced or eliminated.From the reporting perspective, accounting provides the bookkeeping of day-to-day activities and every transaction that is taking place. …

The Enron Scandal and a Look at the Accounting Practices that Permitted it to Happen

Enron’s bankruptcy marked a period of large public company failures that were all linking to financial reporting and accounting areas that included Tyco International, WorldCom, Xerox, the accounting firm of Arthur Anderson, and others (Patsuris, 2002). The reason why Enron stands above the other corporate scandals is the magnitude as well as the scope of Enron’s misconduct, and financial fallout …

Principle of Accounting

A higher current ratio indicates that the company has enough liquidity to meet its short term obligations. However, the too-large current ratio may be negative as this would indicate that assets are not being utilized effectively. As shown from the above calculations, Company ‘C’ is performing better than the other two companies in terms of maintaining liquidity to serve its …

Auditing and Its Environment

Auditors are independent when their functioning is not affected by the vested interests of parties, other than shareholders, in the financial statements. Management is one of such parties that can directly influence the independence of auditors especially when auditors are advocating causes than auditing. Whether an auditor is actually independent when he appears to be independent is a matter that …

Week3DQsAccount

Deontray JohnsonWednesdayMay 13 at 6:30pmManage Discussion EntryGreetings all,After reading the material from the text and doing a little outside work, there are three types of methods to allocate joint cost; they are physical measure output, relative sales value, and net realizable value. Physical measure output is used to determine the value from one product that can be broken down into …

Week1CaseStudyAssignmentPaneraBread1

Case Study – Panera Bread CompanyCase Study Questions:1. Complete the financing portion of Panera Bread Company’s 2007 forecast financial statementsa. Include a chart of your financial assumptions.2. Develop a 5 year Financial Forecast (both Balance Sheet and Income Statement)3. Describe three possible financial forecasting processes.  Discuss the benefits and limitations of each three methods. Describe why you chose the approach …

UNITEDPIEFACE

UNITED PIE FACETable of ContentsIntroduction. 2Background. 2Company Details. 2Company Location and Spread. 4National Image of the Company. 4Department Structure and my roles. 4Organizational Culture. 6Work Experience. 6Basic Managerial Skills and Responsibilities. 6Stock and Inventory Management 6Roster and Staff Management 7Retail and Merchandising Basics and Operational Standards. 8Payroll and Employee Management 8Business relating Accounting. 8Weekly profit and loss Calculation. 9Business Activity …

Table23ElementsofQualityControl

Table2-3Elements of Quality Control Element Summary of Requirements Example of a Procedure Leadership responsibilities for quality within the firm (“tone at the top”) The firm should promote a culture that quality is essential in performing engagements and should establish policies and procedures that support that culture. The firm’s training programs emphasize the importance of quality work, and this is reinforced …

Spring2020_FA1_Assignment3_MorningBatch

Task 3                                                                           (16 Marks)The importance of accounting concepts and conventions can be seen in preparing the financial statements in assessing the financial viability of the company, where accountants prepares the financial statement and provides the appropriate financial report for the management of any company. However, accounting concepts and conventions are rarely disclosed in the financial statements because they are generally …

Practice

Financial Accounting and ReportingSection 1: Statement of Cash FlowsHarnish Decorators provides the Statement of Operations, Statement of Financial Position and Statement of Shareholders’ Equity and footnote information for use in preparing its 2012 statement of cash flows. REQUIRED: Prepare an indirect statement of cash flows for 2012. Identify non-cash transactions.  Cash paid for interest and income taxes are not necessaryFootnote …

MilestoneTwo

Security Development PolicyChaston CarterHuman Factors in Security03/11/17As new chief officer of  (MUSA) Multiple Unite Security, it has been brought to my attention that the company is having some very low security postures . In the mist of me reviewing some of these low security postures this company possessed , I was able to meet with a team member . This …

Instructions_IL_EX16_CS14a

Illustrated Excel 2016 | Modules 1–4: SAM Capstone Project 1aMerchandise ProjectionsFormatting, formulas, and chartsGETTING STARTEDOpen the file IL_EX16_CS1-4a_FirstLastName_1.xlsx, available for download from the SAM website.Save the file as IL_EX16_CS1-4a_FirstLastName_2.xlsx by changing the “1” to a “2”.o If you do not see the .xlsx file extension in the Save As dialog box, do not type it. The program will add the …

Hw23

E3-19A (book/static) During 2016, Nicholson Network, Inc., which designs network​ servers, earned revenues of $ 800million. Expenses totaled $ 570 million. Nicholson collected all but $ 21million of the revenues and paid $ 600 million on its expenses. Requirements Nicholson’s top managers are evaluating 2016, and they ask you the following​ questions: a. Under accrual​ accounting, what amount of revenue …

Discussion 2

Accrual Accounting SystemThe accrual accounting system is a standard system used by most businesses and is also the system used in the simulation. In relation to the rules of accrual accounting, consider the following questions: How does the accrual accounting system impact the financial statements and the standing positions of firms in the simulation such that these may not reflect …

Corporate Social Responsibility (CSR)

Topic 1: The Expanding Role Of The Auditor You have been approached by Alex Wilson, the president of your local CPA Australia branch, to prepare a report on the current state of Corporate Social Responsibility (CSR) and Sustainability reporting and assurance. The report is to focus on Australia, the European Union (EU) and the United States of America (US) in …

Accounting excel

Requireda. Create a 12-month cash flow budget in Excel using the following assumptions:§ Initial sales of $5 million, with forecasted monthly growth of 1%§ 40% of each month’s sales for cash; 30% collected the following month; 20% collected 2 months later; 8% collected 3 months later; and 2% never collected§ Initial cash balance of $350,000b. Add a “spinner” to your …

500 Words due in 7 hours

Reflect on the most important things you learned from this course. What will you be able to take away and apply from the course and in your portfolio project to both your personal and professional life? Provide at least three to five examples of how this course has changed your perspective of ethical standards.Review Chapters 1-14 in Ethics in Accounting: …

Security

You are the webmasterof a college website. You share a server with other school departments such as accounting and HR.create at least five security-relatedrules for staff members who are addingweb pages being added to your site. Include ajustification and explanation for eachrule. Rules should relate to college, staff and student, and system information security.09/05/20205computerscience

One discussion and 2 replies to posts

Objectives of Master BudgetsRead Case 13-4. How would a master budget support the three objectives of planning, directing and control for Domino’s?Submission Instructions: Your initial post should be 200-300 words,formatted and cited in current APA style. You should respond to at least two of your peers by extending, refuting/correcting, or adding additional nuance to their posts.Objectives of the master budget …

500 Words due in 8 hours

Everyone is aware of well-known “textbook” fraud cases such as Enron and WorldCom. Many such cases happened almost 20 years ago; to begin our study of accounting fraud, let’s conduct research to gain an understanding of more recent fraud cases that have made the news. Search current news to find an article regarding a company that experienced an accounting fraud …

QUESTION #2

Christopher Crosphit (birthdate April 28, 1977) owns and operates a health club called “Catawba Fitness.” The business is located at 4321 New Cut Road, Spartanburg, SC 29303. The principal business code is 812190 and the EIN is 12-3456789. Chris had the following income and expenses from the health club:Income$216,000Expenses: Business insurance3,600 Office supplies3,300 Payroll98,900 Payroll taxes9,112 Travel2,420 Equipment & club …

QUESTION #1

Russell (birthdate February 2, 1968) and Linda (birthdate August 30, 1973) Long have brought you the following information regarding their income and expenses for the current year. Russell owns and operates a landscaping business called Lawns and Landscapes Unlimited (EIN: 32-1456789). The business is operated out of their home, located at 1234 Cherry Lane, Nampa, ID 83687. The principal business …

Litigation Censures and Fines

Research the Internet for recent litigation, censures, and fines involving national public accounting firms. Examples of litigation cases against national public accounting firms include fines by regulatory authorities and censures by professional societies. To complete Assignment 2, find examples of litigation, censures and fines from within the past two (2) years.Write a three to four (3-4) page paper in which …

Accounting Essay

InstructionsIn this unit, you examine different types of liabilities. For this assignment, compose an essay that answers the following questions:What are three main characteristics of liabilities, and why is it important to classify liabilities into short-term and long-term? Include examples of short and long-term liabilities in your response.Your essay must be at least one page in length. Be sure to …

Wk1 assignment Accounting

Four Financial StatementsFor this week, write 750 words identifying four of the financial statements a for-profit organization will compile. Define them, and then describe how they interact with each other.Your paper should be in APA format, citing support from articles published within the past 8 weeks.17/05/202010businessfinance

Wk1 discussion Accounting

75-150There are two types of basic accounting methods: Cash Base Accounting and Accrual Base Accounting. Find an article that discusses on an organization’s accounting methods (cash-based or accrual-based) or provide a real-life example. Then, share with the class the selected example’s basic accounting method and the method’s characteristics. Go to at least two other colleagues’ posts that present the other …

Concepts for Analysis

Answer the following questions with complete detailed responses.CA16-2 ETHICS (Ethical Issues—Compensation Plan) The executive officers of Rouse Corporation have a performance-based compensation plan. The performance criteria of this plan is linked to growth in earnings per share. When annual EPS growth is 12%, the Rouse executives earn 100% of the shares; if growth is 16%, they earn 125%. If EPS …

Persuasive Sales Letter

You are the owner of Software Solutions, a Halifax, NS. – based software consultancy.Recently, at a major industry trade show in Detroit, you were introduced to a new accountingsoftware package, BCCuracy Plus. Quickly realizing its merits, you signed a deal with theAmerican manufacturer to become the exclusive sales agent for the software in Canada. Nowthat you won the right to …

D1…

Nestlé S.A.is a very large company headquartered in a very small country (Switzerland). It has operations in more than 50 different countries around the world. Much of the company’s international expansion has been through the acquisition of local (i.e., foreign) companies.1. What problems does worldwide accounting diversity plus COVID-19 cause for a company like Nestlé?2. Describe ways Nestle can resolve …

Employment Practices

provide an example of two (2) of the following techniques or methods that you or someone that you know has endured or witnessed: unfair recruitment, employment application, and interview process. Investigate the extent to which the chosen technique or method left room for prohibited employment practices. Next, recommend key corrective actions that an organization could take in order to mitigate …

BUSI 325

1. Wescan Accounting is a partnership which provides accounting services to a number of clients in addition to Island Properties. As a result of the relationship, one of the partners, Clemens, was invited to be a director of two of the corporations that were clients of Wescan. Clemens told his partners of his acceptance of the two directorships but did …

Writing assignment of MGMT 306

Management 306LayoffsYou are the Senior Vice-President (SVP) of Human Resources for a financial software company that has 7,500 employees. In the past, the company has focused on selling a software product, AccountSoft, to large accounting firms. However, AccountSoft has suffered declining sales for the past two years, and management has decided to change the focus of the company to sell …

Module 04 Course Project Tootsie Roll Industries Inc Statement of Cash Flows

Locate Tootsie Roll Industries Inc.’s most current SEC Form 10-K Annual Filing in the Tootsie Roll Industries Annual Report. Focus on the statement of cash flows, which Tootsie Roll Industries Inc. titles Consolidated Statements of Cash Flows.Also, locate the audit report, which Tootsie Roll Industries Inc. titles Report of Independent Registered Public Accounting Firm.Complete the required statement of cash flow …

Myob assignment

The software required for this assignment is MYOB AccountRight Plus version 2017.2a. The software is installed in the computer labs and the Libraryb. To install the software on your personal computer, please follow the on the Moodle subjectpagec. Do not upgrade to higher versions when opening filesd. You need to upload your newly created company file on Moodle immediately after …

Practical connection

It is a priority that students are provided with strong educational programs and courses that allow them to be servant-leaders in their disciplines and communities, linking research with practice and knowledge with ethical decision-making. This assignment is a written assignmentwhere students will demonstrate how this course research has connected and put into practice within their own career.Assignment:Provide a reflection of …

Module 06 Course Project Tootsie Roll Industries Inc Company Analysis

Module 06 Course Project – Tootsie Roll Industries Inc. Company AnalysisIn this module, you will complete and submit your final project. First, complete the horizontal, vertical, and ratio analysis on the Module 06 tab in the Course Project Template workbook.Then, complete a PowerPoint presentation including the following information, with an emphasis on the analysis of the company’s financial information. You …

Need help answering an Accounting Discussion question

This answer must be ORIGINAL and at least 250 words. Due on Thursday, 05.14.2020 by 3 pm.In this module, the discussion will focus on profitability analysis. The student will need to find some publicly available information about two firms and then provide some analysis of that information.Using the Internet, find Earnings Per Share and Price/Earnings ratio information for two competing …

Managerial accounting discussion question with 2 replies

Need 2 sets.So total 2 fresh posts and 4 repliesDescribe the differences in behavior of fixed costs, variable costs, semi-variable costs and step costs. Then discuss how break-even analysis and contribution margin can be useful in making business decisions.Submission Instructions: Any written explanations should use complete sentences, and appropriate grammar, punctuation, spelling and word usage. Your initial post should be …

Difference between the budget process for a service company and a manufacturing company

1. Portfolio Assignment. (Please always include a conclusion at the end.)This unit has focused on manufacturing companies; however, many companies are service operations that do not sell a physical product. For this portfolio assignment, select a service company and describe the process it would use to create a master budget. How would the budget process for the service company differ …

Accounting theory and application( TACC 606)

IASB has issued International Financial Reporting Standards (IFRS) that are being adopted by nations all over the world. Please read the IASB chairman’s speech at an event hosted by the Accounting Standards Board of Japan about adoption of IFRS Standards around the world on 29 August 2018 in Tokyo. You can access the full speech by using the following link:https://www.ifrs.org/news-and-events/2018/08/chairmans-speech-japan-and-ifrs-standards/Critically …

D2 accounting

Planning and Managerial ApplicationA. Using the Internet, review at least 3 articles on the Profit-Cost-Volume relationship. Summary (200 words or more) the articles in your own words.B. As a manager, why is Profit-cost-volume important in planning? Support your response with numerical example(s)C. Using the Internet, review at least 3 articles on Variable Costing. Summary (200 words or more) the articles …

Excel Microsoft

The following is the insturction,is a easy assignment,anyone who can finish 100%,please let me knowfinish in 3hrsASAPInstructions_SC_EX19_7a.docxPosted: 6 months agoDue: 14/10/2019Budget: $4.99Tags: Quick ontimeAnswers 0Bids 28WIZARD_KIMwizard kimDr Candice_2547RESPECT WRITERUSH soluTionsJenny BoomJessica LuisYoung Kim hoodsmbithehEmily Michaelimhmd.fbrilliant answersYhtomitRey writerMiss ProfessorcomputerscienceProf.MacQueenkim woodsperfectoRELIABLE PAPERSTerry Robertssarapaul2013phyllis youngMathStat GeniusDr. ElahiElprofessoriimtrqhasibSaad FahimOther questions 10Question 1 Julia's Candy Co. reports the following information from its sales account and sales budget:so4week 5 …