External link to Ford Motor Co. Week 7

Ford Motor Co. Week 7

The accounting manager has asked you to prepare a 5- to 10-minute presentation for company stakeholders summarizing your analysis of the statement of cash flows and the financial strengths and weaknesses of the company. Using the company that you selected from the approved list, review the Management Discussion and Analysis (MD&A) section of the annual report and the management’s discussion regarding the statement of cash […]

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International Accounting Standards

Explain the benefits of a single set of high-quality global accounting standards. Recognize the impediments to achieving a single set of global accounting standards. Communicate your thoughts and ideas clearly and concisely. write persuasively in a document that is free of spelling and grammatical errors. Assignments After completing the assigned readings, prepare a 2-3 page, double-spaced paper to explain (1) the benefits and beneficiaries of […]

External link to ESG

ESG

An increasingly important topic in business and investing is a company’s environmental, social and governance (ESG) score. An example of an ESG activity is zero net carbon emissions by using renewable energy – for instance, Apple (AAPL) has a target of being “carbon neutral” by 2030 by using renewable energy sources like wind and solar. The general methodology of how an ESG score is calculated […]

External link to Outline

Outline

Ethics in the Accounting Profession.   Outline Accountants are often able to access financial information that they could manipulate for their gain which includes income and cash flow statements. To stop this kind of thing, a lot of organizations representing certified accountants, like the AIPCA created an organization known as the ethical code that governs the accountant profession. According to Merriam-Webster, ethical behavior is the study of […]

External link to BUSINESS ACQUISITIONS

BUSINESS ACQUISITIONS

You are the CFO of your organization and you will be deciding between three choices of consolidation. This assignment will ask you to select a choice that best supports the short and long-term goals of the common stock of a company compared to two choices with minority interests. All three choices represent control and significant influence over the subsidiary. In the below scenario, you are […]

External link to Kraft Heinz Accounting Scandal

Kraft Heinz Accounting Scandal

The Securities and Exchange Commission (SEC) regulates public companies. The SEC has found that some of these companies have violated GAAP by using creative accounting practices to mislead investors and creditors regarding the health of their company. Instructions Write a 3–4 page paper in which you: Analyze the audit report that the CPA firm issued. Ascertain the legal liability to third parties who relied on […]

External link to Analyzing a Corporate Tax Return

Analyzing a Corporate Tax Return

Week 5 Assignment – Analyzing a Corporate Tax Return OverviewYou are a senior tax accountant in the firm, Ernest & Rainhouse. Joe, a new junior accountant, has just prepared his first corporate tax return for Zeus, Inc. The electronic filing system has rejected  Zeus, Inc.’s Form 1120: U.S. Corporation Income Tax Return 2020 [PDF] due to errors and omissions. Joe is seeking your help in determining […]

External link to Federal Government Accounting and Reporting

Federal Government Accounting and Reporting

Instructions Write a 3–5 page paper in which you do the following: Discuss at least three unique characteristics of the federal government that necessitate special accounting and reporting practices, presenting at least one example for each transaction. Choose at least three unique characteristics of the federal government that necessitate special accounting and reporting practices. Discuss these characteristics, presenting at least one example for each one. […]

External link to Adjusting entries

Adjusting entries

Identify the four different types of adjusting entries. What is an accounting period?   Adjusting entries Accrued earnings, accrued expenditures deferred income, accrued income, and deferred expenditures are the four main adjustment entries. To be able to accrue revenue is to sell a product but receive payment later in time. Accrued revenue is recorded using an adjustment entry, which raises the amount of revenue and accounts receivables […]

External link to Federal Government Accounting and Reporting

Federal Government Accounting and Reporting

Discuss at least three unique characteristics of the federal government that necessitate special accounting and reporting practices, presenting at least one example for each transaction. Choose at least three unique characteristics of the federal government that necessitate special accounting and reporting practices. Discuss these characteristics, presenting at least one example for each one. Accurately identify and explain the type of audit performed, the audit opinion […]

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