Ethics Case Study Dien Huynh University of Phoenix ACC/557 Accounting Ethics Instructor: MICHELE SCOTT 11/16/2012 Ethics Case Study The case study of Lillian Fok‚ Sandra Hartman and Kern Kwong in 2010 about differences and similarities in business ethical values has been done to examine ethical values that underlie business decisions in the U.S.‚ China‚ and Jamaica. China transforms from a socialist based‚ command economy to a free market economy. Because of the transformation
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ENTERPRENEUR Financial Accounting - ACC 557 ENTERPRENEUR Describe the type of business you have created including: a. The product or service‚ and general staffing plan. Provide a rationale for your plan. b. The form of your business and the benefits it offers your particular business‚ Introduction We decided to initiate a Bakery with the name and style of LadyDi’s First Class Bakery‚ Our bakery will provide freshly prepared bakery and pastry products at all times during business
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Auditing and Assurance Services Thirteenth Edition Global Edition Alvin A. Arens Randal J. Elder Mark S. Beasley [pic] Boston Columbus Indianapolis New York San Francisco Upper Saddle River Amsterdam Cape Town Dubai London Madrid Milan Munich Paris Montreal Toronto Delhi Mexico City Sao Paulo Sydney Hong Kong Seoul
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ACC 557 Week 9 DQ1 "Cash Flow Reporting" Please respond to the following: Given the complexities related to preparing and interpreting the statement of cash flow‚ evaluate the current requirement under GAAP and IFRS‚ indicating improvements that you would make to each method’s requirement to better serve the users of the information. Provide a rationale for your changes. Analyze the impact of erroneous classifications in the Operating Activities section of the statement of cash flows‚ detailing
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CHAPTER 1: EXERCISE 1-5 Asset Cash Equipment Supplies Accounts receivable Liability Accounts payable Notes payable Salaries and wages payable Stockholders’ Equity Common stock EXERCISE 1-6 1. 2. 3. 4. 5. 6. 7. 8. 9. Increase in assets and increase in stockholders’ equity. Decrease in assets and decrease in stockholders’ equity. Increase in assets and increase in liabilities. Increase in assets and increase in stockholders’ equity. Decrease in assets and decrease in stockholders’
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archive file ACC 557 Entire Course consists of the next docs: ACC 557 Week 1 Discussion Questions.doc ACC 557 Week 1 Individual Assignment Ethics Case Study.doc ACC 557 Week 2 Discussion Questions.doc ACC 557 Week 2 Individual Assignment Procedures to collect accounting evidence.doc ACC 557 Week 3 Discussion Questions.doc ACC 557 Week 3 Learning Team Assignment Ethical Challenges and Agency Issues.doc ACC 557 Week 4 Discussion Questions.doc ACC 557 Week 4 Individual
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Week 1 Homework Acctg 557 Problem 1: PAT’S ELECTRONIC DIVISION: (a) Point of Sale: Completion-of-production: Percentage-of-completion Installment-Sales (b) PAT’S ELECTRONIC DIVISION Billed and Shipped Down Payments Freight Billed Commissions ($2‚400‚000 x 10%) Warranty Returns ($3‚000‚000 x 1%) Revenue for 2012 PICKLE CONSTRUCTION: Percent complete as of 12/31/12 (5/24) 5 months of 24 months complete Total expected revenue ($60‚000‚000-$52‚000‚000) Cost to date Revenue ($8‚000‚000 x 21%) GAAP? Yes
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Week 1 Assignment-ACC557 Please complete Chapter 1 BYP1-4 and submit to the Dropbox. BYP1-4) a) The loss of $6‚100 was based on the difference between the amount invested of $25‚000 and the bank balance of $18‚900 at March 31. This is not valid for determining income because it only shows the change in cash between to points in time. b) Using the balance sheet to conclude the net income is not valid because there is no net income on the balance sheet. You get the net income from
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efficiency and expected productive life of a plant asset are generally expensed when incurred. not recorded until they become material in amount. capitalized as a part of the cost of the asset. debited to the Accumulated Depreciation account 3- Multiple Choice Question 149 A gain or loss on disposal of a plant asset is determined by comparing the original cost of the asset with the proceeds received from its sale. book value of the asset with the asset’s original cost. book value of
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Week 3 Homework Why study situational approaches to leadership? Researchers began to focus on what style of leadership was most effective in a particular situation with a particular manager. Contingency or situational theories look for the best fit between the leader and the situation and provide guidelines for a manger to achieve this fit. Managers adjust their decision making‚ orientation and motivational approach based upon a unique combination of factors in their situations for example
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