Introduction To Financial Accounting : q - Introduction+to+financial+accounting

Task: Answer any FOUR questions from Section A. Question 1 Pudding Ltd has two group companies, Cream Ltd and Custard Ltd. The income statements for Pudding Ltd, Cream Ltd and Custard Ltd for the year ended 31 December 2019 are given as follows: Required:Prepare the consolidated income statement for Pudding Ltd for the year ended 31 December 2019, showing retained earnings brought forward, dividend expense and retained earnings carried forwa...

Task Part A Assessment 1Produce an informal report not exceeding 2000 words (excluding reference and appendices) which:Evaluates and analyses the performance of a chosen company, comparing it with a selected range of competitor(a) describe its operating context within its industrial sector.(b) calculate at least two years’ key financial performance figures from its annual report.(c) evaluate its performance against key competitors using da...

Question: Learning Outcomes This assignment assesses the following learning outcomes: Demonstrate a conceptual and critical understanding of International Accounting Standards and its implications on corporate reporting (learning outcome K1) Apply the techniques of financial analysis to real-world company financial scenarios (learning outcome K2) Analyse corporate financial performance taking an independent approach and using relevant da...

Aims The module provides students with and introduction to financial management theory and techniques required for entrepreneurship and managerial decision-making within an international business context.  Learning Outcomes 1.Demonstrate a comprehensive knowledge and critical appreciation of the key concepts and topical issues of International Finance. 2.Act autonomously in the analysis of new and/or abstract data using a range of techni...

Task: About TMA: The TMA covers the financial accounting concepts and practices in the businesses. It is marked out. It is intended to assess students’ understanding of some of the learning points within Book. This TMA requires you to apply the course concepts. The TMA is Intended to: Increase the students’ knowledge about the reality of the accounting as a profession.   Assess students’ understanding of key learnin...

The submission must consist of: 1. MS Word file with answers to the Accountant’s questions. 2. Excel file with adjusting entries entered resulting in adjusted trial balance and common size statement of Income for HEMI and Wajax Corporation. 3. MS Word file with a one-page report comparing HEMI to its competitor (Wajax Corporation). Case Study Information You have been hired as a Financial Consultant by Heavy Equipment and Machinery Inc. (HE...

Questions: The scenario is that you have been instructed by your client to produce a report demonstrating your understanding of the client project through the use of secondary research. You are not required to provide a set of solutions to the client’s problem at this stage, Using the client project brief which you have been allocated, answer all three of the questions below. Ensure work is supported with evidence from research (academi...

Question: B: Learning Outcomes 1. Deploy appropriate accounting theory and tools to the critical evaluation and interpretation of financial reports. 2. Master critical awareness of how management accounting has developed tools and techniques in order to improve strategic decision making and performance management. 3. Deploy appropriate accounting theory and techniques to the evaluation and analysis of performance measurement. 4. Critically e...

Task: Task One Using the Annual Report and Accounts of Thomas Cook for the period 2015, 2016, 2017 and 2018, you are required to evaluate the performance of the company.  You are required to : (a)Evaluate the performance of Thomas Cook in the following areas, using ratio analysis:  -Profitability -Liquidity/Solvency -Working capital efficiency -Long term financial structure -Investors’ perspective In addition you could a...

Top Notch Homes Ltd. (TNH) is a privately owned company selling a luxury range of home equipment. Fiona Fielding, the daughter of the company’s founder, took over responsibility for running the company in December 2018. She has little management experience. Her main interest is in developing a new business line to broaden the company’s activities. She has no interest in day-to-day internal control activities preferring instead to adop...

Questions: The TMA covers the management accounting concepts and practices in the businesses. It is marked out of 100 and is worth 20% of the overall assessment component. It is intended to assess students’ understanding of one of the important concepts in management accounting which has emerged as an alternative to traditional costing methods. In recent years the nature of industrial production has fundamentally altered as it became more ...

Tasks Substantive procedures Westinghome Ltd is a large listed company which specialises in the manufacture of whitegoods and other electrical appliances. It is late April 2021 and you are currently planning the 30 June 2021 audit_ The auditor's report is due to be signed on 20 July 2021. During your planning, the following independent and material situations come to your attention.   1.On 1 January 2021. Westinghome signed a 3-year co...

Course Code   :  FNCE370

Referencing Styles  :  APA

4/5 

Questions 1.  Choo Choo Inc. is a manufacturer of model trains. The company is considering the purchase of an industrial 3D printer, which will allow the firm to produce custom-made model trains for its high-end customers. The printer will cost $2,500,000, and it is expected to produce net cash flows of $600,000 per year for the next six years.  Liquidation of the equipment will net the firm $350,000 in cash at the end of six years. Th...

Course Code   :  BE210

Referencing Styles  :  Not Selected

4/5 

Questions Question 1 (40 marks) Choose the best answer for each of the following questions [20* 2 mark each]: 1.The system of preparing financial statements based on recognizing revenues when the cash is received and reporting expenses when the cash is paid is called: A.Cash basis accounting. B.Operating cycle accounting. C.Accrual basis accounting. D. Revenue recognition accounting.   2.During a period of steadily rising costs, t...

Course Code   :  ACCT6003

Referencing Styles  :  APA

4/5 

Questions: Part AQuestion 1 Impairment of assets (9 Marks)I. Aero Ltd has determined that its aviation division is a cash–generating unit (CGU).Information as at 30th June 2020 is as follows:$Buildings – At cost 600,000Equipment – At cost 500,000Inventory 25,000Land 250,000Receivables 150,000Goodwill 90,000Total 1,615,000   Additional information:Buildings - Accumulated depreciation as at 30 June 2020: $100,000 Equi...

Course Code   :  EMBA602

Referencing Styles  :  BMJ

4/5 

Task 1. This problem requires you to estimate the WACC of a real company using publicly available data as of the fall of 2019. The company is Home Depot (Ticker: HD). You need to collect information as directed below. Here are the sources for the various data: Look up market data on any recent day (unless otherwise specified) and use those in your calculations. Assume that the market value of debt is equal to its book value and that the tax r...

Assignment Part A Provide short answers to each of the following questions. Make sure your answers are in your own words and are your own work.  Question 1 Define accounting information system in your own words. Question 2 Explain how moving to a computerised accounting system should affect a firm’s ability to generate a range of reports Question 3 Explain the difference between analysis and creating a summary.  Question ...

Course Code   :  ACCT101

Referencing Styles  :  Chicago

4/5 

Question: Exposure Management Strategy Instruction Write 2-page, double-spaced, answering the questions in the file below. Your analysis for the case should be from all different angles but make it concise and straight to the point.Please type your answers immediately below each question.You may attach exhibits to support your arguments. Porsche Exposed Case Study BMW says that its decisions on where it locates production are...

Course Code   :  BUS202

Referencing Styles  :  Harvard

4/5 

Questions: Identify (Calculate) And Critically Analyse Key Relevant Financial Ratios Usingthe Data Provided In The Statements For The Two-Year Period. Try To Include At Least One Ratio From Each Category Of Financial Analysis: Liquidity, Activity, Profitability, Coverage. Make Sure To Provide Formulas For Calculations. Based On Different Online/Printed Sources, Financial Statements, Reports, Etc., Perform a Company/Business And Industry Analy...

Part 1 The business world is changing rapidly. New business forms can be seen in organisations such as Airbnb and Uber. Indeed, referring to “uberisation” of business, [Rice and Martin, 2015] in a recent article highlights the role of managers in such changing organizational structure. Clearly, if the role of managers is changing, then must be the role of management accounting too. Required: Critically discuss how changing busines...

Assignment This assignment requires you to research and do financial analysis of two companies. Your research will also help you gain a better understanding of what the companies do and what advantages they have in the marketplace for doing what they do. The assignment also requires you to submit your research conclusions and recommendations 9-16 page well written professional paper, together with references you used and a separate page(s) that ...

Referencing Styles  :  APA

4/5 

Question 1. Inventories A New Zealand clothing store sells seasonal dresses. As the season draws near the close, the store sells the dresses at 10% below the cost because carrying the dresses costs the store in terms of storage space and funds tied up in the inventories. The balance date is 31 December 2019. Summer ends in February. At 31 December 2019, the store has 10,000 dresses. Based on its past experiences, it expects  to sell 20% of ...

Course Code   :  ACC302

Referencing Styles  :  Harvard

4/5 

Task The TMA: The TMA requires you to: 1.Review various study chapters (from Chapter 1 to 7) of ‘Principles of Auditing & Other Assurance Services’ Book and apply some of the concepts within it. 2.Conduct a simple information search using the internet. 3.Present your findings in not more than 1,500 words. The word count excludes headings, references, title page, and diagrams. 4.You should use a Microsoft Office Word and Ti...

In the accounting field, you will often be expected to both enter calculations accurately and articulate what this information means to internal and external stakeholders. In addition, you will be expected to propose financial solutions when a company is faced with a policy change, or when the company’s regulations change. For this project, imagine that you have just started in a new role as a financial accountant preparing for a year...

Task: Question 1 The following trial balance was extracted from the books of Simon’s Business, a sole Trader, on 31st December 2020, the end of the financial year. Additional information as at 31st December 2020a. Inventory as at the close of business was valued at SCR460,000b. Outstanding (accrued) repairs and maintenance expenses SCR9,000c. Other operating expenses are prepaid by SCR5,000d. The allowance for receivables is to be adju...