Financial Reporting Problem Part 1 XACC/290 March 1‚ 2015 Financial Reporting Problem Part 1 J.P. Morgan is a company in the banking industry. J.P. Morgan was established in 1799 and despite multiple stock market crashes and recessions; it is a company that continues to do well in its sector (JP Morgan‚ 2014). J.P. Morgan Bank is the publicly traded company that I chose to analyze the 2013 annual report. At the end of 2013‚ the total assets of J.P. Morgan was 1‚945‚467‚000‚000; one trillion‚ nine
Premium Balance sheet Generally Accepted Accounting Principles JPMorgan Chase
Solutions to the Homework Assignment Problems P1.31 Key Financial Statement Relations: Balance Sheet‚ Income Statement‚ and Statement of Cash Flow. Missing Values 2007 2008 Balance sheet: Cash 15‚000 Property‚ plant and equipment 162‚000 Intangible assets 10‚000 Accounts payable 21‚000 Interest payable 8‚000 Long-term debt 52‚000 Treasury stock (10‚000) Income statement
Premium Generally Accepted Accounting Principles Balance sheet Revenue
Address the similarities and differences among the types of organizations. The four different organizations that we chose to learn about are Graceland Nursing Center‚ University of Chicago Medicine‚ University Hospital‚ and The CHOC Children’s Hospital. All of these organizations are similar in a couple ways‚ as 2 of them which are University of Chicago Medicine and University Hospital of San Antonio (Bexar County) are focusing on children and adults when it comes to healthcare services‚ as the
Premium Medicine
Non-profit organizations are known to be dedicated to ending or helping a particular social cause‚ rather than making a profit for the organization. The Salvation Army has been the world’s fairy God’s mother when it comes to problem in society. The Salvation Army has helped in every aspect to make the world a better place. The non-profit organization provides the basic necessities to people in need‚ while also providing awareness social issues. The Salvation Army was founded in London‚ United Kingdom
Premium Non-profit organization Non-profit organizations Voluntary association
Writing Effective Comparison or Contrast Essays A Comparison or Contrast essay is an essay in which you either compare something or contrast something. A comparison essay is an essay in which you emphasize the similarities‚ and a contrast essay is an essay in which you emphasize the differences. We use comparison and contrast thinking when deciding which university to attend‚ which car to buy‚ or whether to drive a car or take a bus or an airplane to a vacation site. In this section‚ two classic
Premium Writing Essay
Nonprofit Versus For-Profit Healthcare Organizations and Options to Improve Both of Their Images Hospitals in the United States first came into existence as “institutions of social welfare‚” to provide for the sick‚ the poor‚ and to treat diseases. These facilities were mainly run and supported by charities. (Barton‚ 2009‚ p.252). Over time‚ with America’s capitalistic society‚ the emergence of for-profit hospitals began to compete with non-profit hospitals. Similarities between the two include
Premium Hospital Health care Economics
REGULATIONS OF FINANCIAL REPORTING IN NIGERIA INTRODUCTION Regulation of accounting information is aimed at ensuring that users of financial statements receive a minimum amount of information that will enable them take meaningful decisions regarding their interest in a reporting entity. The bodies responsible for these regulations are often statutory agencies such as the Financial Reporting Council‚ Securities and Exchange Commission and the
Premium International Financial Reporting Standards Financial statements Balance sheet
Non-profit vs. For-profit in Healthcare Organizations In the healthcare industry there is a universal goal of treating patients and taking care of people. How that is accomplished is also similar‚ but the organizations behind the healthcare service provider can vary greatly. In this paper we will analyze the characteristics of non-profit and for-profit healthcare organizations and the factors that impact their operations. Additionally‚ we will look at the various ways a non-profit organization
Premium Non-profit organization Tax Taxation in the United States
for Financial Reporting The Conceptual Framework was issued by the IASB in September 2010. It superseded the Framework for the Preparation and Presentation of Financial Statements. © IFRS Foundation A21 Conceptual Framework CONTENTS paragraphs FOREWORD THE CONCEPTUAL FRAMEWORK FOR FINANCIAL REPORTING INTRODUCTION Purpose and status Scope CHAPTERS 1 2 3 4 The objective of general purpose financial reporting The reporting entity to be added Qualitative characteristics of useful financial information
Premium Balance sheet Economics International Financial Reporting Standards
Similarities and Differences of discriminatory treatment of African and Asian Americans Even though Asians came to America voluntarily and African Americas were brought involuntarily as slaves (a significant difference)‚ both share similar discrimination experiences at the hands of White Americans fighting to maintain their dominance. Similarities: Unequal pay‚ limited job opportunities as agricultural labors and domestic servants‚ defended the United States in segregated military regiments‚ refused
Premium Race African American Black people