Accounting
Auditing Public Companies | Instant Homework Solutions
This assignment is about a subtle difference in auditing that took place after Sarbanes-Oxley in 2002 that affects only publicly-held companies. 1. In the multiple-choice question from chapter 11 pasted below, what does the word non-issuer mean? (you may use Google to find the answer)? 2. How might the answer differ if the client was an issuer (hint: go back to the Boeing assignment as the beginning of the semester)
Differential Analysis Discussion | Instant Homework Solutions
Discuss differential analysis and provide an example. Share your personal and/or professional experience using all or elements of differential analysis to make a decision.
Federal Income Tax | Instant Homework Solutions
1.Using the APA format, define in your own words the tax features, tax treatment, formation requirements, taxation of capital/equity contributions, distributions, dividends, and other tax consequences/aspects relevant for the following entities: a) Partnerships b) Limited Liability corporations c) S-Corporations d) C-Corporations 2. Using the APA style briefly define and explain the tax treatment of the following CORPORATE Gain and Losses: a) Corporate Capital Gain and Losses b) Corporate Net Operating Losses c) Dividends Received Deduction
Capital Investment and Budgeting | Instant Homework Solutions
Project: Evaluate the Capital Investment Scenario Shoals Corporation puts significant emphasis on cash flow when planning capital investments. The company chose its discount rate of 8 percent based on the rate of return it must pay its owners and creditors. Using that rate, Shoals Corporation then uses different methods to determine the most appropriate capital outlays. This year, Shoals Corporation is considering buying five new backhoes to replace the backhoes it now owns. The new backhoes are faster, cost less to run, provide for more accurate trench digging, have comfort features for the operators, and have 1-year maintenance agreements to go with them. The old backhoes are working just fine, but they do require considerable maintenance. The backhoe operators are very familiar with the old backhoes and would need to learn some new skills to use the new backhoes. The following information is available to use in deciding whether to purchase the new backhoes: Old Backhoes New Backhoes Purchase cost when new $90,000 $200,000 Salvage value now $42,000 Investment in major overhaul needed in next year $55,000 Salvage value in 8 years $15,000 $90,000 Remaining life 8 years 8 years Net cash flow generated each year $30,425 $43,900 Instructions 1. Evaluate, discuss, and compare whether to purchase the new equipment or overhaul the old equipment. (Hint: For the old machine, the initial investment is the cost of the overhaul. For the new machine, subtract the salvage value of the old machine to determine the initial cost of the investment.) Calculate the net present value of the old backhoes and the new backhoes. Discuss the net present value of each, including what the calculations reveal about whether the company should purchase the new backhoes or continue using the old backhoes. Calculate the payback period for keeping the old backhoes and purchasing the new backhoes. (Hint: For the old machines, evaluate the payback of an overhaul.) Discuss the payback method and what the payback periods of the old backhoes and new backhoes reveal about whether the company should purchase new backhoes or continue using the old backhoes. Calculate the profitability index for keeping the old backhoes and purchasing new backhoes. Discuss the profitability index of each, including what the calculations reveal about whether the company should purchase the new backhoes or continue using the old backhoes. 2. Identify and discuss any intangible benefits that might influence this decision. 3. Answer the following: Should the company purchase the new backhoes or continue using the old backhoes? Explain your decision.
Understanding NPV and Real Options | Instant Homework Solutions
Understanding what the net present value (NPV) tells us. The NPV decision rule says to accept the project if the NPV is greater than zero. You perform a thorough capital budgeting analysis on a project that requires a $1,000,000,000 initial investment and calculate the net present value (NPV) as $1. Following the rule, you tell your boss she should accept the project. She laughs and says do you think I would really invest $1,000,000,000 for a measly $1 NPV? You should be fired How would you respond to her? Real Options Give two examples of real options that you have come across in your professional life, or that may come up in projects in a business you wish to start, or that may come up in the projects at a company in which you hope to be employed. Your initial post should be at least 200 words, formatted and cited in current APA style with support from at least 2 academic sources
Theft and Concealment Investigation | Instant Homework Solutions
Assume you are the lead forensic investigator for a potential fraud case at AJB, Inc. After searching public records and other Internet sources, you accumulate the following financial information for the suspected fraud perpetrator, Jaleesa P. Crimin. YEAR 1 YEAR 2 YEAR 3 Assets: Residence #1 $243,000 $243,000 $243,000 Residence #2 138,000 Stocks and bonds 15,000 30,000 57,000 Automobiles 27,000 52,500 52,500 Boat 34,500 34,500 CD 12,000 42,000 81,000 Cash 5,670 12,150 29,160 Liabilities: Mortgage balance #1 136,080 68,040 16,200 Mortgage balance #2 138,000 Auto loans 18,000 57,000 Boat loan 34,500 9,000 Income: Salary 78,750 82,650 Interest/other 8,730 17,790 Expenses: Mortgage payments 24,300 42,120 Auto loan payments 9,720 9,720 Boat loan payments 5,670 8,100 Other living expenses 35,640 42,060 Problems: Determine whether there is a likelihood of fraudulent income based on the review of information you were able to obtain from your Internet search. If there is a likelihood of fraudulent income, calculate the amount. (Hint: calculate potential income from unknown sources based on the unexplained increase/decrease in Jaleesas assets and liabilities.) You must show how you calculated the amount. As the lead forensic investigator, discuss the process that you would take during your interview with Jaleesa to get her to confess. Include specific questions that you would ask, considering the order they should be asked. Respond to the above Problems a and b. Your response to Problem a must be prepared in an Excel spreadsheet. The Excel spreadsheet for problem a must be submitted along with your response to Problem b in Word document. Requirements: Write a paper of 2-3 pages in length for Problem b (double spaced), not counting the title and reference pages, which you must include. Use terms, evidence, and concepts from class readings, including professional business language. Cite at least 3 sources for this assignment, outside of the textbook
Generic and Diversification Strategies | Instant Homework Solutions
In this paper, examine your organizations generic and diversification strategies, its international moves, and its ethics, social responsibility, and environmental sustainability practices. Submit your work in your assignment folder in the form of an approximate 2,000-word double-spaced APA-formatted paper. The title page, reference list, and any appendices are not included in this suggested word count. You do not need to include an abstract. Your paper should address these topics: Your organization’s generic strategy or strategies. Any diversification strategies the organization pursues. Any international moves made by your organization. Does it operate internationally? In what format(s)? What ethics policies and practices does your organization have in place? Does your organization practice social responsibility? In what way(s)? What are your organization’s environmental sustainability practices?
Corporate Fraud Case Analysis | Instant Homework Solutions
This Portfolio Project option has two parts: calculations and a written analysis. While the calculation requirements of this assignment are important, equally important are your discussion and analysis of the quantitative results and your application of the forensic accounting and fraud examination tools taught in this course. Choose a publicly traded company that has incurred a public accounting scandal in the last five years which included the need for financial statements restatements, and perform an expanded analysis on the financial statements from that period. Please make use of the 10-K statements available on http://www.sec.gov (Links to an external site.) or annual statements in http://finance.google.com/ (Links to an external site.) . The Portfolio Project preliminary deliverables are as follows: Week 4: Submit the name of the company that you selected for approval by your instructor and a one-page outline of your paper, including references. Week 6: Submit the proposed final references section for your project. Part 1: Prepare an Excel workbook with separate tabs for each of the following: Horizontal and vertical analysis of the income statements for at least three years surrounding the incident (all yearly balances set as a percentage of total revenues for that year). Horizontal and vertical analysis of the balance sheets for at least three years surrounding the incident (all yearly balances set as a percentage of total assets for that year or total liabilities/equity). Ratio analysis (eight ratios of your choosing) for the three years surrounding the incident. Note you should choose ratios that are likely to provide insight into the incident based on which accounts were impacted by the fraudulent activity (hindsight being 20/20, you know the fraud that has occurred). Thoroughly analyze specific accounts based on the nature of the fraud that was perpetrated by the corporation. For example, if the corporation was improperly handling revenue, there should be a deep-dive analysis of the revenue accounts throughout the applicable periods that highlights the scandal. Incorporate technical tools (i.e. SQL, ODBC, Digital Analysis, etc.) that are applicable to your researched scandal. Part 2: Prepare the written analysis addressing each of the following: Provide your reader with an overall understanding of the scandal, along with the results of the financial analysis that you completed, including: Discussion of the results of your horizontal and vertical analyses. Discussion of the results of your ratio analysis, including rationale for the selected ratios. Discussion of the analysis performed on specific accounts and rationale for why those accounts were selected for a more thorough analysis. Include a discussion of the fraud examination methods applied. Evaluate whether the methods could have been improved upon in this scandal. Write a 10-12 pages (double-spaced) paper, not including the cover and reference pages. Supporting documents (i.e. charts, graphics, etc.) should be included as addendums to your report and not in the body of the report. The paper must be formatted according to the CSU-Global Guide to Writing and APA. Demonstrate your comprehension of the course material. Use professional business language. Include a minimum of six credible, academic or professional references from the CSU-Global Library, in addition to the textbook. Requirements for the final deliverables: Submit 2 files: Excel workbook Word document
Organizational Budget Creation | Instant Homework Solutions
Part 1: Portrait of OrganizationIn paragraph one, provide the following:? The name of your organization.? Identify the organization as a for-profit or a non-profit.? Provide the ages of children served. Provide the number of children in each class.? How many children are you licensed to serve?? Share a brief statement of your programs mission or values.In the second paragraph, refer to the enrollment and staffing patterns that you identified in your unit 2 journal. Share the following:? The ratios that you will follow (be specific and share if these if the ratios you are using are in line with state standards, or national standards).? How many teachers will you need for each classroom? ? What will their hours of work be? How many hours per week will they work?? What is their salaryThen, in a third paragraph, provide the following information:? Identify two written policies or procedures that your program can apply to support efficient operations.? How do these written policies or procedures focus on maintaining and improving the quality of early childhood environments?? How can these written policies or procedures be applied when developing a budget?Part 2: Budget Spreadsheet On the excel template, calculate your annual budget based on the enrollment and staffing patterns that you determined for Part 1. You may have to create multiple versions of your spreadsheet to balance your budget. Be sure to create a small surplus for your budget. After creating your budget, calculate the average monthly budget and include that on your budget next to your annual revenue/expenses. Be sure to include all versions of your budget when submitting this assignment. Submit part 2 as a separate attachment. Part 3: Budget Planning After you have completed Part 2, refer back to the template in Part 1. In your final paragraph each, please respond to the following:? Explain the importance of cash flow planning.? Describe how your budget can be used as a planning tool for future budgets.? How will budget planning ensure a quality program?? How did the surplus/deficit vary under each sample budget?? How do these results measure the health of your organization?? Describe the effects that staffing and tuition changes had on your revenue.
Confirmation Business Letter | Instant Homework Solutions
I need a letter from the firm Flores accounting Services to confirm the existence of the business D & Y Trucking D & Y Trucking is a freight transportation long distance and located at 1674 41st Ave Flores Accounting Services is accounting firm located at 4860 33rd Ave Both companies are located in Columbus Nebraska 68601
Use Promo Code: FIRST15