Accounting

Identify the factors that influence the amount of cash/bank balances an organization will hold at any one time. You will need to consider the following questions.  Why do organizations hold some of their assets in the form of cash? What are the costs of holding too much cash? What are the costs of having too little cash? To what extent are the reasons for holding cash similar to those for holding stock? I have included 2 examples that you can use and reword please do not just copy these.

The financial statements tell a story about the financial health of a business at a given point in time. The purpose of this is to apply ratio analysis to assess financial health of a publicly held corporation. Use the financial statements identified in the module four case to compute three ratios, one for each of […]

You have learned this term that it is important to understand the cross-cultural psychology literature on national and ethnic cultures and on the management literature on culture in organizations. Of major concern to the global organization is the impact of environmental sensitivity – culture and subculture. Climate change opinion varies by country on many levels, economic, political, legal, and social to name a few. Evaluate how cross-cultural cultural issues associated with environmental sensitivity can be a source of competitive advantage. Also, consider the impact: does it only represent a cost to an organization? How will global organizations adapt as concerns about the natural environment increase? Your paper should synthesize theories and concepts and demonstrate how you can apply them in your analysis and evaluation of this topic.  You may also use these Internet sources: https://www.geog.ox.ac.uk/research/climate/projects/undp-cp/ https://www.pewresearch.org/global/2015/07/14/climate-change-seen-as-top-global-threat/ https://blog.richmond.edu/geog250/2016/02/08/mapping-the-impacts-of-climate-change/ https://www.un.org/sustainabledevelopment/climatechange/

It is common industry knowledge that an audit plan provides the specific guidelines auditors must follow when conducting an external audit. External public accounting firms conduct external audits to ensure outside stakeholders that the company’s financial statements are prepared in accordance with generally accepted accounting principles (GAAP) or International Financial Reporting Standards (IFRS).  Use the Internet to select a public company that appeals to you. You may also use the company dossier in the Nexi Uni database to find company information. Imagine that you are a senior partner in a public accounting firm hired to complete an audit for the chosen public company. Write a 4–6 page paper in which you: Outline the critical steps inherent in planning an audit and designing an effective audit program. Based upon the type of company selected, provide specific details of the actions that the company should undertake during planning and designing the audit program. Examine at least two performance ratios that you would use in order to determine which analytical tests to perform. Identify the accounts that you would test, and select at least three analytical procedures that you would use in your audit. Analyze the balance sheet and income statement of the company that you have selected and outline your method for evidence collection which should include, but not be limited to, the type of evidence to collect and the manner in which you would determine the sufficiency of the evidence. Discuss the audit risk model and ascertain which sampling or non-sampling techniques you would use in order to establish your preliminary judgment about materiality. Justify your response. Assuming that the end result is an unqualified audit report, outline the primary responsibilities of the audit firm after it issues the report in question. Use the Strayer Library to locate at least two quality academic resources in this assignment. Note: Wikipedia and other similar websites do not qualify as academic resources. Your assignment must follow these formatting requirements: This course requires use of new Strayer Writing Standards (SWS). The format is different than other Strayer University courses. Please take a moment to review the SWS documentation for details. Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow SWS or school-specific format. Check with your professor for any additional instructions. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

SEC Filings and the EDGAR Database [WLOs: 1, 2, 3, 4] [CLOs: 1, 2, 3, 4, 5] In a three- to five-page paper (not including the title and reference pages) research and discuss how the SEC’s EDGAR | Search Tools improves how investors find and use financial information. In your paper, explain how investors can use the Securities and Exchange Commission’s (SEC) database at EDGAR | Search Tools (Links to an external site.) to research a company’s operations and financial information. Assess the financial performance of Amazon.com, Inc. (AMZN) by determining the risk of investing in the company through financial statement analysis. To make the above assessment and determination, go to Amazon’s.com (Links to an external site.) official website, and locate the company’s Investor Relations link. Using the Investors Relations link, find financial information such as SEC Filings and Annual Reports. Conclude how investors can assess Amazon’s.com financial performance and risk using Annual Reports. Explain the content of each report listed below in detail and how it relates to your assessment of Amazon’s.com financial performance. Form 10-K SEC filings Annual Reports Management Discussion and Analysis Management’s Responsibility for Financial Reporting Management’s Report on Internal Control over Financial Reporting Auditors’ Report Selected Financial Data Amazon.com, Inc. (AMZN) is the world’s largest electronic commerce and cloud computing company measured by revenue and market capitalization. The following items were adapted from a recent Annual Report of Amazon.com (Links to an external site.) for the year ending December 31:   In millions 1.                   Accounts payable $16,459 2.                   Accounts receivable 5,612 3.                   Cash 14,557 4.                   Cost of sales 62,752 5.                   Income tax expense 167 6.                   Interest expense 210 7.                   Inventories 8,299 8.                   Net cash provided by operating activities 6,842 9.                   Net cash flows used for investing activities (5,065) 10.               Net sales 88,988 11.               Other expenses 118 12.               Other income 76 13.               Property, plant, and other long-term assets 16,967 14.               Selling, general, and administrative expenses 26,058 15.               Retained earnings (Dec. 31) 2,190   Indicate on which financial statement you would find each of the preceding items using the following notations (note: an item may appear on more than one statement): IS Income statement SE Statement of stockholders’ equity BS Balance sheet SCF Statement of cash flow Prepare an income statement for the year ending December 31, based on the com, Inc. financial statement data shown above. The Final Paper: SEC Filings and the EDGAR Database Must be three to five double-spaced pages in length (not including title and references pages) and formatted according to APA style as outlined in the Ashford Writing Center’s APA Style (Links to an external site.) Must include a separate title page with the following: Title of paper Student’s name Course name and number Instructor’s name Date submitted For further assistance with the formatting and the title page, refer to APA Formatting for Word 2013 (Links to an external site.). Must utilize academic voice. See the Academic Voice (Links to an external site.) resource for additional guidance. Must include an introduction and conclusion paragraph. Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper. For assistance on writing Introductions & Conclusions (Links to an external site.) as well as Writing a Thesis Statement (Links to an external site.), refer to the Ashford Writing Center resources. Must add an APA heading (Level 1 or Level 2) for each one of the topics discussed in the research paper as shown: SEC EDGAR Database Level 1Amazon’s.com financial performance Level 1 Form 10-K SEC Filings Level 2 Annual Reports Level 2 Management Discussion and Analysis Level 2 Management’s Responsibility for Financial Reporting Level 2 Management’s Report on Internal Control over Financial Reporting Level 2 Auditors’ Report Level 2 Selected Financial Data Level 2 Financial Statement Notations (IS, SE, BS, SCF) Level 1Amazon’s.com Income Statement Level 1   Use the following APA Style blog to read about the APA Five Levels of Headings (Links to an external site.) Must use at least 14 scholarly and/or credible articles from ProQuest Business, Industry Databases: Nasdaq.com, EY.com, and Comprehensive Accounting Databases: FASB codification, AICPA, and SEC reference library sources in addition to the course text. The Scholarly, Peer-Reviewed, and Other Credible Sources (Links to an external site.) table offers additional guidance on appropriate source types. If you have questions about whether a specific source is appropriate for this assignment, please contact your instructor. Your instructor has the final say about the appropriateness of a specific source for a particular assignment. Must document any information used from sources in APA style as outlined in the Ashford Writing Center’s Citing Within Your Paper (Links to an external site.) Must include a separate reference page that is formatted according to APA style as outlined in the Ashford Writing Center. See the Formatting Your References List (Links to an external site.) resource in the Ashford Writing Center for specifications.

Prior to beginning work on this discussion, read Drakopoulou’s article A Review of Fundamental and Technical Stock Analysis Techniques (Links to an external site.) from the Journal of Stock and Forex Trading (2015). Review the financial statements for one publicly traded company, such as Apple Inc. (NASDAQ: AAPL), General Motors (NYSE: GM), Sony Corp (NYSE: SNE), International Business Machines (NYSE: IBM), Microsoft Corp. (NASDAQ: MSFT), American Airlines Group Inc. (NASDAQ: AAL), or Amazon.com (NASDAQ: AMZN)). The financial statements may be found at EDGAR | Company Filings (Links to an external site.). Enter the company’s stock ticker in the Fast Search box, Enter 10-K in the Filing Type box, and click on the latest 10-K. If you wish, you can save the whole 10-K report to your computer. After examining the financial statements of your selected publicly-traded company, refer back to the article A Review of Fundamental and Technical Stock Analysis Techniques (Links to an external site.). Assume you are a daily equities trader with an actively traded equity portfolio. In your initial post of at least 200 words, Discuss the differences between fundamental analysis and technical analysis techniques you will employ to select the stock of your preferred publicly traded company. Dive deeper into the details of how these two approaches differ, the criticism against technical analysis, and how technical and fundamental analysis can be used

SCENARIO: A routine financial audit reveals that several people receiving paychecks are not, and have never been, on the payroll. A system review indicates they were added to the payroll approximately one month prior, at the same time, via a computer in the financial department. What is your response? INJECT: You confirm the computer in the payroll department was used to make the additions. Approximately two weeks prior to the addition of the new personnel, there was a physical break-in to the finance department in which several laptops without sensitive data were taken. OPTIONAL INJECT: Further review indicates that all employees are paying a new “fee” of $20 each paycheck and that money is being siphoned to an off-shore bank account. Having this additional information, how do you proceed? Discussion questions • What actions could you take after the initial break-in? • Do you have the capability to audit your physical security system? • Who would/should be notified? • Would you able to assess the damages associated with the break-in? • Would you be able to find out what credentials may have been stored on the laptop? • How would you notify your employees of the incident? • How do you contain the incident? o Optional Inject question: How do you compensate the employees?

Jordan Corporation is considering dropping product W22T. Data from the company’s accounting system appear below: Sales, Variable expenses,$650,000 $234,000 $206,000 Fixed manufacturing expenses, Fixed selling and administrative expenses $170,000. All fixed expenses of the company are fully allocated to products in the company’s accounting system. Further investigation has revealed that $125,000 of the fixed manufacturing expenses and $114,000 of the fixed selling and administrative expenses are avoidable if product W22T is discontinued. What would be the effect on the company’s overall net operating income of dropping product W22T? 

     Begin your paper with a brief introduction on the importance of cost controls. A good introduction will sufficiently introduce the reader to the topics of your paper as well as the purpose of your paper. An introductory paragraph is at least three to five sentences in length. Cost Controls – Back of the House             In a minimum 250 word overview in a Word document following MLA format, outline a minimum of five different procedures and strategies that will be implemented to control costs in the back of the house for your business concept. Here are some areas to consider: planning, ordering, purchasing, receiving, storage and product rotation, inventory, food specifications, portion control, recipe standardization and costing, and waste accountability. Conclusion             Your last paragraph of every MLA formatted report is a concluding paragraph. This last paragraph emphasizes the main topics of the paper. Some conclusions may also provide a forward looking approach or a question to ponder. Most importantly, the concluding paragraphs will wrap-up the key points of the essay.

Include two Chapter: A / methodology part ( collect data from annual reports from public websites of an accounting firm and recruitment material of accounting firms: (1) statistics on the number of women in the profession, and  (2) rules (both laws and community norms) about gender in the profession and in education.  B) Analysis of data