Memo To: Professor As a current student of your Accounting 387 course I can agree with the implications of concern with exams and also agree that often exams do not necessarily reflect students abilities due to the time constraints as well as the stress and pressure that students are under during examination time. I feel that a take home exam is better assessment to evaluate student’s capabilities and knowledge of the subject but I would find it nieve of you to believe that classmates wouldn’t
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IFRS Illustrative financial statements October 2012 kpmg.com/ifrs 1 Contents What’s new 2 About this publication 3 Independent auditors’ report on consolidated financial statements 5 Consolidated financial statements 7 Consolidated statement of financial position 9 Consolidated statement of comprehensive income – single-statement approach 13 Consolidated statement of changes in equity 17 Consolidated statement of cash flows 21 Notes to
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Indiana University and setout working at your accounting department in Ling Clothing Company. During look through the financial statement‚ I find some of transactions and events have a few mistakes in your company‚ which conflict with accepted accounting theory and GAAP. There are some mistakes I will present: The company switched from FIFO to LIFO in accounting for inventory. The preceding year it had switched from the weighted-average method to FIFO. I think it is conflict with accounting theory
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Memo Evaluation Enrique Jamelo ENG 221 Abstract According to Batten‚ Donna (2010)‚ “Memorandum or memo is an informal record‚ in the form of a brief written note or outline‚ of a particular legal transaction or document for the purpose of aiding the parties in remembering particular points or for future reference.” (Page 41). Memo Evaluation For the week two individual assignments‚ I chose a memo from the University of Phoenix Virtual Organizations’ intranet site which is the Riordan Manufacturing:
Free Writing Paragraph The Reader
Laurent Bailey ACC 501 Module 1 Case May 9‚ 2015 Mr. Dixit To: Serious Reader Company From: Laurent Bailey‚ Sr. Accountant Date: May 4‚ 2015 Subject: Quarterly Review Serious Reader Company‚ I’ve attached our completed income statement to this email‚ but I also wanted to quickly discuss the outcome your results. Overall Result Over the past year you have sold 4300 books‚ which look great on the surface. However you have experienced a severe profit loss. From the
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University of Phoenix Material The Hawthorne Effect Use the table below to answer the following. Be sure to write in complete sentences. Investigate the history of the Hawthorne Effect and discuss why it is important for researchers to know about this phenomenon. Brainstorm ways that researchers can eliminate this confound. History and definition of Hawthorne Effect The Hawthorne Effect came about based on a study that was conducted between 1924 and 1932 (Case Study the Hawthorne Effect‚
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University of Phoenix Material Appendix C Part I Define the following terms: Term | Definition | Discrimination | * This is the denial of opportunities and equal rights to individuals and groups because of prejudice or other arbitrary reasons. * | Institutional discrimination | * This is the denial of opportunities and equal rights to individuals or groups‚ resulting from normal operations of a society. * | Political correctness | * This can also be called political
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manufacturing operation is estimated to be $1M. There is no legal obligation for dismantling plants when abandoned. Issue How should Pharma Co. account for the restructuring program for the year ended Dec 31‚ 2010 under U.S. GAAP? Analysis FASB Accounting Standards Codification (ASC) Subtopic 420-10 Exit or Disposal Cost Obligations presents the relevant guidance on cost obligations. Per ASC
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Date: 2/19/14 To: CEO of LOL From: Auditor Re: The realization and valuation of DTAs Mr. CEO: The following paragraphs explain why a valuation of temporary taxable differences is necessary and how‚ with the guidance of the Accounting Standards Codification (ASC)‚ we came to this conclusion. According to ASC 740-10-30-23‚ "The more negative evidence that exists‚ the more positive evidence is necessary and the more difficult it is to support a conclusion that a valuation allowance is not
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University of Phoenix Material Personality Reflection Using the textbook‚ the University Library‚ the Internet‚ and/or other resources‚ answer the following questions. Your responses to each question will vary but overall should be 700- to 1‚050-words in length. 1. How would you define personality? There are many different ways that people are referenced and categorized. People are lumped into groups based off of gender‚ race‚ economic background and even social background
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