Questions: COURSE PRE-REQUISITEThe only formal prerequisite for this course is twofold: (1) to have an understanding of the principles of accounting and (2) to have read as a warm-up session the delivered material entitled “Reading 23: Financial Reporting Mechanics” and to focus on reviewing the accounting process (from page 49 to 62). The course makes use of basic algebraic and statistical manipulations.Some basic familiarity with Excel w...
Questions: Learning outcomes assessed in this assignment: Appraise and apply the regulatory framework of financial reporting Analyse and research International Accounting Standards. Assignment Brief International Accounting Standard (IAS) 16 Property Plant & Equipment and IAS 38 Intangible Assets both deal with Non-Current Assets in the Financial Statements. 1: Required: Distinguish between the...
Question: This is your Assignment-2.You will see 3 questions below. and take the questions from the text and modified to fit as per needs.This is also a good practice for midterm test.Please provide the journal entries in good form (proper format). Question 1: Wonder Ltd. has treasury stock transactions in 20X9 as follows: a. Feb. 27 Purchased 140,000 common shares as treasury stock ...
Question: Tactical Decisions (Learning Outcome 4) (25 Marks) Tactical decisions do not require significant or permanent resource commitments and can be changed or reversed relatively quickly if better opportunities arise. The impact of such decisions is short term and the financial impact of alternatives is usually analysed by considering theincremental revenue and costs of each alternative (Langfield-Smith, Thorne & Hilton, 2009). You...
Questions: Q1 A.Spacecraft, Inc., is a large corporation that is audited regularly by a public accounting firm but also maintains an internal auditing staff. Explain briefly how the relationship of the public accounting firm to Spacecraft differs from the relationship of the internal auditing staff to Spacecraft. B.Feller the sole owner of a small hardware business, has been told that the business should have its financial statements ...
Question: Accounting Processes Company Background Scallion Ltd began business on 1 July 2019, specialising in the purchase and supply of packaging materials. An accounting system was designed and a chart of accounts was established.The business uses the periodic inventory system and is registered for GST at the rate of 10%. The company also employs two office staff who work a five-day week from Monday to Friday. One office staff member is r...
Task: The Assignment: Most of our cases will involve some form of role-playing. In other words, they won't be student-to-teacher case write-ups. In this case I am also playing a role. I am Chairman of ABC-VC, a venture capital firm that has invested in WesternGraphics (Western), a small San Jose software firm who develops and sells computer games. I am concerned about the propriety of the proposed accounting treat described below. My thinking i...
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...
Problem 3-7A Adjusting entries (monthly) Wedona Energy Consultants prepares adjusting entries monthly. Based on an analysis of the unadjusted trial balance at January 31, 2017, the following information was available for the preparation of the January 31, 2017, month-end adjusting entries: a. Equipment purchased on November 1 of this accounting period for $21,600 is estimated to have a useful life of three years. After three years of use, it is e...
Question 1. Watley’s is a small furniture manufacturing company based in Birmingham, England.The company specialises in making luxury bespoke wooden furniture designed to appeal to high-end customers with discerning tastes. The company has a team of highly skilled craftspeople who use traditional skills to produce goods of the highest quality. The company premises in Birmingham comprises a retail outlet, a factory, a stores (inbou...
Question: Assignment Brief: As an engineer, very often you have to deal with problems that involve careful consideration, analysis, optimisation, interpretation, conclusion and decision. This assignment consists of three parts (A – Decision analysis, B – Network analysis and C – Maximal flow analysis). Each part comprises a case study which poses real systems challenges in terms of planning, optimization and decision making....
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...
Car To ons Audio Inc. Car Toons Audio Inc. (CTAI) is a young company that recently completed its initial public offering. The company designs and develops leading-edge car stereo equipment. including MP4 compatible decks, speakers, amplifiers, and subwoofers. The company is investing heavily in research and development. In order to reduce strain on cash, the manage-ment team is compensated mostly through share-based compensation in the current ye...
Instructions: Select an organization and identify the various forms of employee rewards that they offer Review the structure and purpose of the rewards – if possible arrange an interview with someone in a managerial position at the company who is responsible for the design and administration of the rewards or who understands the intended purpose of the rewards Prepare and submit a document summarizing your organizational b...
Your Task: Using good quality academic and journalistic sources, prepare a 1,500 word report for the CEO on HRM issues at Clethan Clothing. Your knowledge and understanding of Human Resource Management of an organisation, including management of individual, team, and organisation will be critically examined. The Learning Outcomes assessed by this assessment are: Knowledge 1.Analyse and critically evaluate major ideas and p...
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...
Questions: General Instructions •This final assignment must be done individually. •This final assignment must be submitted online through EGSM LMS Presentation Of Final Assignment •You must include a cover page that lists your name, Student ID and the unit number and title. •Number all pages sequentially. •Any published material you refer to must be properly referenced (Harvard Referencing) and included in...
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...
Questions: Case study (falcon computers) ,organizational behavior course Length: 2000 – 2500 words Date Due: 3 November Front page (with names of all students involved in the project) Table of contents Introduction The Background of the Case (You can research similar organizations to your case and use the information to strengthen the issues of the case and your arguments) The Analysis (Arguments and explanations backed up with references)...
Question: Scenario You are working as a junior accountant for a retail group reporting to the Director of Finance. The Director of Finance needs to produce a leaflet for new members of the Board as part of an induction pack. They are experts in a range of business fields but have limited financial knowledge. The Director of Finance has asked you to prepare a first draft of the leaflet for his further consideration. Task 1 The leafle...
Task Questions 1. Requires only written answers and is based on B124 Book 1, Chapters 1, 2, 3 and 5 and Book 2, Chapters 1 and 2. (As preparation for this question, as well as all other questions in your three TMAs that require application of knowledge of key accounting terms, you should become familiar with using the Accounting Glossary under ‘Resources’ on the B124 21J website. You may use any appropriate search function, but one ...
Task: 1.Produce a two-page Fact Sheet on the topic of Social Class and the Family Life Cycle (see the specific topic assignments below based on the first letter of your last name). You will use your assigned textbook readings and two additional resources found on your own to complete your Fact Sheet.a.If the first letter of your last name is A–I you will develop a Fact Sheet on Social Class and Families with Young Children.b.If the first l...
Task: For this piece of coursework you are required to research a multinational company (of your choice). You are required to analyse the strategic activities and decisions of a multinational company of your choice to establish a subsidiary in an international location. Please note that the MNC must not have a presence established in your target international location and you will be required to demonstrate this as part of your report. Yo...
Question: The Research Questions 1. What are the benefits of forensic accounting?2. How does forensic accounting detect fraud in an organization?3. Can forensic accounting help to prevent fraud cases in an organization? Rationale and Objectives Clarity: You are expected to clearly state why you have chosen your topic. Academic: You must provide a fully referenced academic justification for the project (e.g.: the issue is under-researche...
Task This task should be written on the SAME document as your Task 2, after your work on the accounting standards. As it is not a completely new document, you don’t need to write a full introduction but do have a short paragraph explaining that you are now going to look at the users of accounting information and how the concepts and standards will impact on the needs of the users. The 9 users you need are: • Shareholders; • ...