Assignment 1: Cost Accounting and Management Decisions

Assignment 1: Cost Accounting and Management DecisionsDue Week 8 and worth 240 pointsConduct research on a U.S. manufacturing company that produces two (2) or more…

Assignment 1: Cost Accounting and Management DecisionsDue Week 8 and worth 240 pointsConduct research on a U.S. manufacturing company that produces two (2) or more products.Write […]
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The TMA covers the financial accounting concepts and practices in the businesses.

.jpg”>Arab Open University B291: TMA – 1st Semester 2013-2014 Cut-Off Date: 8th of December 2013About TMA: The TMA covers the financial accounting concepts and practices…

.jpg”>Arab Open University B291: TMA – 1st Semester 2013-2014 Cut-Off Date: 8th of December 2013About TMA: The TMA covers the financial accounting concepts and practices in […]
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  Select a publicly traded company for which an Accounting and Auditing Enforcem

  Select a publicly traded company for which an Accounting and Auditing Enforcement Release (AAER) was drafted on the U.S. Securities and Exchange Commission (SEC)…

 
Select a publicly traded company for which an Accounting and Auditing Enforcement Release (AAER) was drafted on the U.S. Securities and Exchange Commission (SEC) website athttp://sec.gov/divisions/enforce/friactions.shtml in the past two years. 
Submit the company name to the instructor for approval. Please note that each student must research a different company.
After obtaining instructor approval, review all AAERs drafted during the five-year period and SEC Complaint relating to this company during the past five years, as well as information available on the company’s Investor Relations website to evaluate the following items.
Prepare a 10-12 slide PowerPoint presentation (excluding title page, abstract, references page, and appendices containing financial analysis) containing detailed speaker’s notes for each of these slides presenting the findings of your analysis of the AAERs and SEC Complaint. Your presentation should discuss the following:
Explain the history of corporate accounting responsibility.
Discuss how you think that CSR has influenced social accounting.
Ethics, accounting, and legal issues involved in the AAERs and SEC Complaint.
Role of accountants in recognizing and assessing ethical issues when performing audits of financial statements, management accounting, internal auditing, and not-for-profit accounting.
Ethics standards contained in the AICPA Code of Professional Conduct.
Ethics requirements of the Board of Accountancy for the State in which you intend to pursue CPA licensure.
Current trends and events illustrating the importance of ethics in the accounting profession.
The company I chose is General Motors   Jan. 18, 2017General Motors Company Other Release Nos.: 34-79825  (AAER-3850)
In addition to the SEC Forms, a minimum of five (5) peer-reviewed academic or professional references must be incorporated in the slides with corresponding citations present.
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Select a publicly traded company for which an Accounting and Auditing Enforcem appeared first on Essaybrook.

Accounting, The month of February has just closed, and you are tasked with coding all the transactions

The month of February has just closed, and you are tasked with coding all the transactions (expenses and income) recorded over the course of the…

The month of February has just closed, and you are tasked with coding all the transactions (expenses and income) recorded over the course of the month […]
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Ethics in Accounting, Creative Writing

Read the following scenario Answer the questions that follow. Your answers should result in a 2-3 page submission. Imagine you are the assistant controller in…

Read the following scenario Answer the questions that follow. Your answers should result in a 2-3 page submission. Imagine you are the assistant controller in charge […]
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ACCTFIN 7025-Accounting Essentials for Decision Makers

ACCTFIN 7025-Accounting Essentials for Decision Makers (M)IndividualAssignmentDue date:9:00 am 3March 2018Information:Youare requestedtoundertake a financial ratioanalysisand interpretationcovering aminimum of three yearsof a company listed on the…

ACCTFIN 7025-Accounting Essentials for Decision Makers (M)IndividualAssignmentDue date:9:00 am 3March 2018Information:Youare requestedtoundertake a financial ratioanalysisand interpretationcovering aminimum of three yearsof a company listed on the Australian […]
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ACTG 494 – ENTERPRISE ACCOUNTING SYSTEMS POWER QUERY ASSIGNMENT

ACTG 494 – ENTERPRISE ACCOUNTING SYSTEMS POWER QUERY ASSIGNMENT SPRING SEMESTER 2018 BACKGROUND In this assignment you will be working with Crowdfunding Offerings Data Sets…

ACTG 494 – ENTERPRISE ACCOUNTING SYSTEMS POWER QUERY ASSIGNMENT SPRING SEMESTER 2018 BACKGROUND In this assignment you will be working with Crowdfunding Offerings Data Sets which […]
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Memo to File in response Accounting, Critical Thinking / Review

Read this week’s Topic Reading and Hacker, (APA4). The tabs on the right side of the book will show you where the sections a re.…

Read this week’s Topic Reading and Hacker, (APA4). The tabs on the right side of the book will show you where the sections a re. 2. […]
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  Assignment: Ethics in Accounting DETAILED AS INSTRUCTED ONLY-ANSWERING DEFINED

  Assignment: Ethics in Accounting DETAILED AS INSTRUCTED ONLY-ANSWERING DEFINED QUESTIONS AS PER ASSIGNMENT.  THANK YOU. Effective financial reporting depends on sound ethical behavior. Financial…

 
Assignment: Ethics in Accounting
DETAILED AS INSTRUCTED ONLY-ANSWERING DEFINED QUESTIONS AS PER ASSIGNMENT.  THANK YOU.
Effective financial reporting depends on sound ethical behavior. Financial scandals in accounting and the businesses world have resulted in legislation to ensure adequate disclosures and honesty and integrity in financial reporting.  A sound economy is contingent on truthful and reliable financial reporting.
Instructions:
Read the following scenario.
Answer the questions that follow. Your answers should result in a 2-3 page submission.
Reference back to your text book for guidance on how to think through the scenario.
Scenario:
Imagine you are the assistant controller in charge of general ledger accounting at Linbarger Company. Your company has a large loan from an insurance company. The loan agreement requires that the company’s cash account balance be maintained at $200,000 or more, as reported monthly. At June 30, the cash balance is $80,000. You give this update to Lisa Infante, the financial vice president. Lisa is nervous and instructs you to keep the cash receipts book open for one additional day for purposes of the June 30 report to the insurance company. Lisa says, “If we don’t get that cash balance over $200,000, we’ll default on our loan agreement. They could close us down, put us all out of our jobs!” Lisa continues, “I talked to Oconto Distributors (one of Linbarger’s largest customers) this morning. They said they sent us a check for $150,000 yesterday. We should receive it tomorrow. If we include just that one check in our cash balance, we’ll be in the clear. It’s in the mail!”
Questions
What is the accounting problem that the Linbarger Company faces?
What are the ethical considerations in this case? Provide rationale for why these are ethical considerations.
What are the negative impacts that can happen if you do not follow Lisa Infante’s instructions to wait one more day to post the balance?
Who will be negatively impacted if you do comply? Provide a rationale for why these individuals will be impacted.
What is one alternative that you could pursue in this scenario? Support your recommendations with information you learned in this class.
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Assignment: Ethics in Accounting
DETAILED AS INSTRUCTED ONLY-ANSWERING DEFINED appeared first on Essaybrook.

Select the accounting principle, assumption, or related item that best completes

Select the accounting principle, assumption, or related item that best completes the sentence. 1. and are the two fundamental qualities that make accounting information useful…

Select the accounting principle, assumption, or related item that best completes the sentence. 1. and are the two fundamental qualities that make accounting information useful for decision making. 2. information that helps users confirm or correct prior expectations has . 3. enables users to identify the real similarities and differences in economic events between companies. 4. is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. 5. information is if omitting it or misstating it could influence decisions that users make on the basis of the reported financial information. 6. the characteristic requires that the same accounting method be used from one accounting period to the next, unless it becomes evident that an alternative method will bring about a better description of a firm’s financial situation. 7. means that a company cannot select information to favor one set of interested parties over another. 8. providing information that is of sufficient importance to influence the judgement and decisions of an informed user is referred to as . 9. corporations must prepare accounting reports at least yearly due to the assumption. 10. occurs when the performance obligation is satisfied.
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