This document provides an outline for an ACC 573 final exam guide, including various topics that may be covered on the exam such as calculating average tax rates, accounting for pensions, off-balance sheet financing, asset impairment, derivatives, and financial statement forecasts. It also includes discussion questions and assignment prompts on related topics such as the Sarbanes-Oxley Act, accounting quality, company valuation, and earnings-based versus free cash flow valuation methods.
FOR MORE CLASSES VISIT
www.acc573nerd.com
1. To calculate a company's average tax rate an analyst would
2. The accumulated benefit obligation measures
3. The major difference between accounting for pensions and the accounting for other postretirement benefits is that firms
4. Which of the following is not part of the balance sheet approach when computing income tax expense?
To calculate a company's average tax rate an analyst would
The accumulated benefit obligation measures
The major difference between accounting for pensions and the accounting for other postretirement benefits is that firms
The document analyzes J2 Global Communications (JCOM) and finds its stock undervalued. Key reasons for undervaluation are embedded expectations that JCOM's core eFax business is declining, lack of belief in management's ability, and skepticism around cash usage. However, the analysis identifies catalysts that could drive the stock price up, including continued ROI growth exceeding expectations, strategic fit of recent acquisitions, and understanding that eFax remains innovative in new markets.
This report provides an equity valuation of eBay Inc. for potential investors. It includes an analysis of the global e-commerce industry and eBay's performance. The report values eBay under bull, base, and bear case scenarios using discounted cash flow valuation, comparable analysis, and sum-of-the-parts valuation. The analyst discloses having previously sold items on eBay and provides a 12-month target price and recommendation.
Everything you need to know about the valuation reportResurgent India
A business valuation report is an attempt to thoroughly document and analyze the value of a company or a group of assets by considering all relevant market, industrial, and economic aspects.
The document provides an introduction to working capital, which is defined as a financial metric representing operating liquidity available to a business. It is calculated as current assets minus current liabilities. The objective of the study and importance of studying working capital management are discussed. Methodology including type of research, data collection techniques, and data analysis tools are explained. Key aspects of working capital including components, management, and kinds are outlined. Decision criteria for working capital management and how it is guided are also summarized.
Real matters Investor Presentation - April 26 2017 redactedrealmatters2016
This document provides information about an initial public offering, including that a preliminary prospectus has been filed with securities regulators containing important information about the securities. The preliminary prospectus is still subject to completion and securities will not be sold until a receipt for the final prospectus has been issued. The document also advises that prospective investors should rely only on the information in the preliminary prospectus and refers readers to risk factors and other disclosures contained therein.
Real Matters Third Quarter 2017 Conference Call realmatters2016
- The document summarizes Real Matters' Q3 2017 conference call covering the period ending June 30, 2017.
- Key highlights include market share gains offsetting estimated market declines, revenues of $76.7 million, and net revenue of $23.3 million.
- Net revenue margins declined by 80 basis points due to changes in revenue mix. A significant new market share win was announced post-quarter.
FOR MORE CLASSES VISIT
www.acc573nerd.com
1. To calculate a company's average tax rate an analyst would
2. The accumulated benefit obligation measures
3. The major difference between accounting for pensions and the accounting for other postretirement benefits is that firms
4. Which of the following is not part of the balance sheet approach when computing income tax expense?
To calculate a company's average tax rate an analyst would
The accumulated benefit obligation measures
The major difference between accounting for pensions and the accounting for other postretirement benefits is that firms
The document analyzes J2 Global Communications (JCOM) and finds its stock undervalued. Key reasons for undervaluation are embedded expectations that JCOM's core eFax business is declining, lack of belief in management's ability, and skepticism around cash usage. However, the analysis identifies catalysts that could drive the stock price up, including continued ROI growth exceeding expectations, strategic fit of recent acquisitions, and understanding that eFax remains innovative in new markets.
This report provides an equity valuation of eBay Inc. for potential investors. It includes an analysis of the global e-commerce industry and eBay's performance. The report values eBay under bull, base, and bear case scenarios using discounted cash flow valuation, comparable analysis, and sum-of-the-parts valuation. The analyst discloses having previously sold items on eBay and provides a 12-month target price and recommendation.
Everything you need to know about the valuation reportResurgent India
A business valuation report is an attempt to thoroughly document and analyze the value of a company or a group of assets by considering all relevant market, industrial, and economic aspects.
The document provides an introduction to working capital, which is defined as a financial metric representing operating liquidity available to a business. It is calculated as current assets minus current liabilities. The objective of the study and importance of studying working capital management are discussed. Methodology including type of research, data collection techniques, and data analysis tools are explained. Key aspects of working capital including components, management, and kinds are outlined. Decision criteria for working capital management and how it is guided are also summarized.
Real matters Investor Presentation - April 26 2017 redactedrealmatters2016
This document provides information about an initial public offering, including that a preliminary prospectus has been filed with securities regulators containing important information about the securities. The preliminary prospectus is still subject to completion and securities will not be sold until a receipt for the final prospectus has been issued. The document also advises that prospective investors should rely only on the information in the preliminary prospectus and refers readers to risk factors and other disclosures contained therein.
Real Matters Third Quarter 2017 Conference Call realmatters2016
- The document summarizes Real Matters' Q3 2017 conference call covering the period ending June 30, 2017.
- Key highlights include market share gains offsetting estimated market declines, revenues of $76.7 million, and net revenue of $23.3 million.
- Net revenue margins declined by 80 basis points due to changes in revenue mix. A significant new market share win was announced post-quarter.
This document provides an overview of accounting analysis and the accounting process. It defines accounting analysis as evaluating the extent to which a company's accounting numbers reflect economic reality. The accounting process involves recording transactions in journals, posting entries to T-accounts or ledger accounts, preparing an unadjusted trial balance, making adjusting entries, and preparing financial statements. Accounting analysis is important for effective financial analysis and making adjustments to reduce accounting distortions.
The need for and importance of financial analysis and control for company val...FahimNeloy47
This document discusses the need for and importance of financial analysis and control for company valuation. It defines financial analysis and control, and outlines the different types of financial analysis including fundamental analysis and technical analysis. It describes how financial analysis is used to assess company performance, make investment decisions, and analyze future performance. The purpose of financial analysis and control is to evaluate a company's financial health and value for potential investors or business owners. Key aspects like financial statements, ratios, trends and projections are analyzed to gauge a business's stability and forecast its potential.
As Mainstreet entered into the fiscal year 2016, we established a number of strategic plans and financial goals in direct response to macro economic challenges in some of our core markets. These measures were taken very deliberately, and were crafted in order to create opportunity for Mainstreet and its shareholders during this ongoing uncertainty. Our
strategies included the accretive acquisitions of assets during periods of economic recession; refinancing a significant portion of our pre-maturity debts at the current record-low 10-year team interest rate; and buying back our own shares, which we believe are trading at a deep discount to the NAV.
This document provides information about an initial public offering, including that a preliminary prospectus has been filed with securities regulators containing important information about the securities. The preliminary prospectus is still subject to completion and securities will not be sold until a receipt for the final prospectus has been issued. The document also advises that the preliminary prospectus should be read for full disclosure before making an investment decision.
Investment Appraisal: Management Accounting Cambridge A Level Paper 3 last 2 questions: Payback period: Discounted Payback period: Accounting Rate of Return (ARR): Net Present Value (NPV): Internal Rate of Return (IRR) : Sensitivity Analysis: Cambridge A2 Standard Costing Past Papers
For more classes visit
www.snaptutorial.com
1. The term “receivables” refers to
cash to be paid to debtors.
merchandise to be collected from individuals or companies.
cash to be paid to creditors.
amounts due from individuals or companies.
2. Three accounting issues associated with accounts receivable are
depreciating, valuing, and collecting.
depreciating, returns, and valuing.
Mercer Capital's Portfolio Valuation: Private Equity and Venture Capital Mark...Mercer Capital
Mercer Capital's Portfolio Valuation: Private Equity and Venture Capital Marks and Trends Newsletter provides a brief digest and commentary of some of the most relevant market trends influencing the fair value regarding private equity portfolio investments.
Leading Business Online Module - Balance SheetKarim Abobakr
The document discusses balance sheets, which provide a snapshot of a company's financial position at a point in time. A balance sheet shows a company's assets, liabilities, and equity. Assets are things owned that have value, liabilities are debts owed, and equity is the remaining value if assets were sold to pay liabilities. Balance sheets help analyze a company's financial strength and health by examining metrics like cash position, debt-to-equity ratio, and return on assets. They are important for banks, investors, and analysts evaluating risk.
Stryker's harvard case fi312-position_paperLaini Tsang
This case study examines Stryker Corporation's capital budgeting process and why modifications made in 2005 slowed capital project requests. Specifically:
- Stryker implemented a new Capital Expense Request (CER) process in 2005 that increased documentation requirements and added review layers, intended to improve alignment.
- However, the increased complexity and short timeframe to submit requests discouraged employees from submitting projects. The number of requests dropped sharply.
- While rigorous processes are important for oversight, the changes did not achieve the intended benefits at Stryker and hurt employee morale around capital projects.
Daseke is looking to consolidate the highly fragmented North American flatbed and specialized trucking market through strategic acquisitions. It has acquired 13 companies since 2008 and achieved 41% annual adjusted EBITDA growth. With a large fleet and focus on asset-right operations, Daseke is well-positioned to benefit from improving industrial freight fundamentals and further consolidate the industry through its acquisition pipeline. Management aims to achieve $140 million in adjusted EBITDA for 2017 through organic growth and recent acquisitions.
Measure What Matters - New Perspectives on Portfolio SelectionUMT
The document discusses new frameworks for IT portfolio selection that consider both financial and strategic metrics. It summarizes that traditional portfolio selection focused solely on financial metrics, but recent research shows this led to underinvestment in strategic areas. The new framework evaluates investments from four perspectives: demand, supply, governance, and alternatives. This allows executives to consider financial returns, strategic alignment, risk exposure, architectural fit, options, costs, deadlines, and skills. Successful companies now use multiple financial and strategic metrics to optimize resource allocation and maximize investment value and benefits.
Gentlemen Prefer Bonds discusses factors to consider when allocating fixed-income assets. It recommends an actively managed portfolio using multiple investment firms with complementary philosophies to balance risk and returns. The document contrasts active versus passive management, advantages of multiple advisors, and importance of manager experience, philosophy and ability to generate alpha. It emphasizes maximizing portfolio performance within regulatory constraints by allowing managers flexibility and discretion tailored to their expertise.
Acc 291 Effective Communication / snaptutorial.comHarrisGeorg3
1. The term “receivables” refers to
cash to be paid to debtors.
merchandise to be collected from individuals or companies.
cash to be paid to creditors.
amounts due from individuals or companies.
A study on financial perfomance don for precot meridian limitedJagadeeshB15
This document provides an overview of ratio analysis of financial statements. It discusses the uses of ratio analysis for various stakeholders like shareholders, creditors, employees, government and management. It also covers the different types of ratios like liquidity ratios, leverage ratios, activity ratios and profitability ratios. Standards of comparison for ratios are important and ratios can be compared over time periods for a company or compared to industry averages. The document provides context on calculating and interpreting various financial ratios to evaluate the financial position and performance of a company.
This document discusses financial ratio analysis and provides an overview of different types of financial ratios used to evaluate a company's performance and financial condition. It begins by defining financial ratio analysis and outlining its uses. It then discusses different classifications of ratios, including liquidity ratios, profitability ratios, activity ratios, financial leverage ratios, and shareholder ratios. The document uses Microsoft Corporation's 2004 financial statements to demonstrate examples of liquidity ratios, including the current ratio, quick ratio, and net working capital to sales ratio. It provides guidelines on interpreting these ratios while noting there is no single definition of a "good" or "bad" ratio.
This document discusses financial ratio analysis and provides an overview of different types of financial ratios used to evaluate a company's performance and financial condition. It begins by defining financial ratio analysis and outlining its uses. It then discusses different classifications of ratios, including liquidity ratios, profitability ratios, activity ratios, financial leverage ratios, and shareholder ratios. The document uses Microsoft Corporation's 2004 financial statements to demonstrate examples of liquidity ratios, including the current ratio, quick ratio, and net working capital to sales ratio. It provides guidelines on interpreting these ratios while noting there is no single definition of a "good" or "bad" ratio.
- Daseke is the largest owner of flatbed and specialized equipment in North America and has executed a consolidation strategy that has driven 50% Adjusted EBITDA CAGR from 2009 to pro forma 2016 through acquisitions.
- Daseke's management team owns approximately 60% of the company and is on track to achieve its targets of $140 million in pro forma Adjusted EBITDA for 2017 and $200 million for 2019 through continued acquisition growth.
- Daseke has less than 1% market share of the large $133 billion open deck transportation and logistics market in North America, providing significant opportunity for further consolidation.
This document provides a summary of the key financial considerations for a company's expansion project requiring Rs. 100 crore of funding. It recommends short-term financing over long-term options due to lower costs, flexibility, and less interference in management decision-making. Short-term sources could potentially provide long-term funding through renewals. While interest is fixed and assets may be tied up as security, the proposal addresses these shortcomings through negotiation, alternative securities like shares, and preparing legal teams. Overall, short-term financing is presented as the most suitable option given the company's strategic goals and the dynamic home appliances market in India.
This document provides information about downloading and purchasing the ACC 557 Entire Course Financial Accounting course materials. It includes a list of the weekly assignments, discussions, homework, and quizzes that are included in the course. It also provides contact information for the company that is selling the course materials.
For more classes visit
www.snaptutorial.com
1. The term “receivables” refers to
cash to be paid to debtors.
merchandise to be collected from individuals or companies.
cash to be paid to creditors.
amounts due from individuals or companies.
2. Three accounting issues associated with accounts receivable are
depreciating, valuing, and collecting.
FOR MORE CLASSES VISIT
www.acc561genius.com
Purpose of Assignment This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios to evaluate and analyze a company’s liquidity, solvency, and profitability. Two-Rivers Inc. (TRI) manufactures a variety
This document provides an overview of accounting analysis and the accounting process. It defines accounting analysis as evaluating the extent to which a company's accounting numbers reflect economic reality. The accounting process involves recording transactions in journals, posting entries to T-accounts or ledger accounts, preparing an unadjusted trial balance, making adjusting entries, and preparing financial statements. Accounting analysis is important for effective financial analysis and making adjustments to reduce accounting distortions.
The need for and importance of financial analysis and control for company val...FahimNeloy47
This document discusses the need for and importance of financial analysis and control for company valuation. It defines financial analysis and control, and outlines the different types of financial analysis including fundamental analysis and technical analysis. It describes how financial analysis is used to assess company performance, make investment decisions, and analyze future performance. The purpose of financial analysis and control is to evaluate a company's financial health and value for potential investors or business owners. Key aspects like financial statements, ratios, trends and projections are analyzed to gauge a business's stability and forecast its potential.
As Mainstreet entered into the fiscal year 2016, we established a number of strategic plans and financial goals in direct response to macro economic challenges in some of our core markets. These measures were taken very deliberately, and were crafted in order to create opportunity for Mainstreet and its shareholders during this ongoing uncertainty. Our
strategies included the accretive acquisitions of assets during periods of economic recession; refinancing a significant portion of our pre-maturity debts at the current record-low 10-year team interest rate; and buying back our own shares, which we believe are trading at a deep discount to the NAV.
This document provides information about an initial public offering, including that a preliminary prospectus has been filed with securities regulators containing important information about the securities. The preliminary prospectus is still subject to completion and securities will not be sold until a receipt for the final prospectus has been issued. The document also advises that the preliminary prospectus should be read for full disclosure before making an investment decision.
Investment Appraisal: Management Accounting Cambridge A Level Paper 3 last 2 questions: Payback period: Discounted Payback period: Accounting Rate of Return (ARR): Net Present Value (NPV): Internal Rate of Return (IRR) : Sensitivity Analysis: Cambridge A2 Standard Costing Past Papers
For more classes visit
www.snaptutorial.com
1. The term “receivables” refers to
cash to be paid to debtors.
merchandise to be collected from individuals or companies.
cash to be paid to creditors.
amounts due from individuals or companies.
2. Three accounting issues associated with accounts receivable are
depreciating, valuing, and collecting.
depreciating, returns, and valuing.
Mercer Capital's Portfolio Valuation: Private Equity and Venture Capital Mark...Mercer Capital
Mercer Capital's Portfolio Valuation: Private Equity and Venture Capital Marks and Trends Newsletter provides a brief digest and commentary of some of the most relevant market trends influencing the fair value regarding private equity portfolio investments.
Leading Business Online Module - Balance SheetKarim Abobakr
The document discusses balance sheets, which provide a snapshot of a company's financial position at a point in time. A balance sheet shows a company's assets, liabilities, and equity. Assets are things owned that have value, liabilities are debts owed, and equity is the remaining value if assets were sold to pay liabilities. Balance sheets help analyze a company's financial strength and health by examining metrics like cash position, debt-to-equity ratio, and return on assets. They are important for banks, investors, and analysts evaluating risk.
Stryker's harvard case fi312-position_paperLaini Tsang
This case study examines Stryker Corporation's capital budgeting process and why modifications made in 2005 slowed capital project requests. Specifically:
- Stryker implemented a new Capital Expense Request (CER) process in 2005 that increased documentation requirements and added review layers, intended to improve alignment.
- However, the increased complexity and short timeframe to submit requests discouraged employees from submitting projects. The number of requests dropped sharply.
- While rigorous processes are important for oversight, the changes did not achieve the intended benefits at Stryker and hurt employee morale around capital projects.
Daseke is looking to consolidate the highly fragmented North American flatbed and specialized trucking market through strategic acquisitions. It has acquired 13 companies since 2008 and achieved 41% annual adjusted EBITDA growth. With a large fleet and focus on asset-right operations, Daseke is well-positioned to benefit from improving industrial freight fundamentals and further consolidate the industry through its acquisition pipeline. Management aims to achieve $140 million in adjusted EBITDA for 2017 through organic growth and recent acquisitions.
Measure What Matters - New Perspectives on Portfolio SelectionUMT
The document discusses new frameworks for IT portfolio selection that consider both financial and strategic metrics. It summarizes that traditional portfolio selection focused solely on financial metrics, but recent research shows this led to underinvestment in strategic areas. The new framework evaluates investments from four perspectives: demand, supply, governance, and alternatives. This allows executives to consider financial returns, strategic alignment, risk exposure, architectural fit, options, costs, deadlines, and skills. Successful companies now use multiple financial and strategic metrics to optimize resource allocation and maximize investment value and benefits.
Gentlemen Prefer Bonds discusses factors to consider when allocating fixed-income assets. It recommends an actively managed portfolio using multiple investment firms with complementary philosophies to balance risk and returns. The document contrasts active versus passive management, advantages of multiple advisors, and importance of manager experience, philosophy and ability to generate alpha. It emphasizes maximizing portfolio performance within regulatory constraints by allowing managers flexibility and discretion tailored to their expertise.
Acc 291 Effective Communication / snaptutorial.comHarrisGeorg3
1. The term “receivables” refers to
cash to be paid to debtors.
merchandise to be collected from individuals or companies.
cash to be paid to creditors.
amounts due from individuals or companies.
A study on financial perfomance don for precot meridian limitedJagadeeshB15
This document provides an overview of ratio analysis of financial statements. It discusses the uses of ratio analysis for various stakeholders like shareholders, creditors, employees, government and management. It also covers the different types of ratios like liquidity ratios, leverage ratios, activity ratios and profitability ratios. Standards of comparison for ratios are important and ratios can be compared over time periods for a company or compared to industry averages. The document provides context on calculating and interpreting various financial ratios to evaluate the financial position and performance of a company.
This document discusses financial ratio analysis and provides an overview of different types of financial ratios used to evaluate a company's performance and financial condition. It begins by defining financial ratio analysis and outlining its uses. It then discusses different classifications of ratios, including liquidity ratios, profitability ratios, activity ratios, financial leverage ratios, and shareholder ratios. The document uses Microsoft Corporation's 2004 financial statements to demonstrate examples of liquidity ratios, including the current ratio, quick ratio, and net working capital to sales ratio. It provides guidelines on interpreting these ratios while noting there is no single definition of a "good" or "bad" ratio.
This document discusses financial ratio analysis and provides an overview of different types of financial ratios used to evaluate a company's performance and financial condition. It begins by defining financial ratio analysis and outlining its uses. It then discusses different classifications of ratios, including liquidity ratios, profitability ratios, activity ratios, financial leverage ratios, and shareholder ratios. The document uses Microsoft Corporation's 2004 financial statements to demonstrate examples of liquidity ratios, including the current ratio, quick ratio, and net working capital to sales ratio. It provides guidelines on interpreting these ratios while noting there is no single definition of a "good" or "bad" ratio.
- Daseke is the largest owner of flatbed and specialized equipment in North America and has executed a consolidation strategy that has driven 50% Adjusted EBITDA CAGR from 2009 to pro forma 2016 through acquisitions.
- Daseke's management team owns approximately 60% of the company and is on track to achieve its targets of $140 million in pro forma Adjusted EBITDA for 2017 and $200 million for 2019 through continued acquisition growth.
- Daseke has less than 1% market share of the large $133 billion open deck transportation and logistics market in North America, providing significant opportunity for further consolidation.
This document provides a summary of the key financial considerations for a company's expansion project requiring Rs. 100 crore of funding. It recommends short-term financing over long-term options due to lower costs, flexibility, and less interference in management decision-making. Short-term sources could potentially provide long-term funding through renewals. While interest is fixed and assets may be tied up as security, the proposal addresses these shortcomings through negotiation, alternative securities like shares, and preparing legal teams. Overall, short-term financing is presented as the most suitable option given the company's strategic goals and the dynamic home appliances market in India.
This document provides information about downloading and purchasing the ACC 557 Entire Course Financial Accounting course materials. It includes a list of the weekly assignments, discussions, homework, and quizzes that are included in the course. It also provides contact information for the company that is selling the course materials.
For more classes visit
www.snaptutorial.com
1. The term “receivables” refers to
cash to be paid to debtors.
merchandise to be collected from individuals or companies.
cash to be paid to creditors.
amounts due from individuals or companies.
2. Three accounting issues associated with accounts receivable are
depreciating, valuing, and collecting.
FOR MORE CLASSES VISIT
www.acc561genius.com
Purpose of Assignment This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios to evaluate and analyze a company’s liquidity, solvency, and profitability. Two-Rivers Inc. (TRI) manufactures a variety
The document contains quiz questions and solutions related to Chapter 7 on auditing internal controls. It addresses topics like the responsibilities of management and auditors in assessing internal controls over financial reporting, the objectives of internal control, and an auditor's responsibilities to consider fraud and errors. Key objectives of auditing internal controls are to form an opinion on their effectiveness in preventing material misstatements and to evaluate controls over financial statement disclosures. Auditors must test internal controls rather than rely solely on the work of others.
For more course tutorials visit
www.newtonhelp.com
1.Developing an understanding of the client's business and industry is essential to proficiency as discussed in the general standards of GAAS. (Points: 4)
This document contains information about an ACC 561 course, including assignments on financial statements, accounting methods, ratio analysis, costing systems, cost-volume-profit analysis, and budgets. It provides details on two individual assignments that require students to calculate financial ratios for a company using its financial statements, and interpret the ratios in terms of the company's financial stability and operating efficiency. It also lists the entire ACC 561 course contents, which covers topics like accounting, managerial decision making, and financial statement analysis.
FOR MORE CLASSES VISIT
www.acc561genius.com
Purpose of Assignment This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios to evaluate and analyze a
FOR MORE CLASSES VISIT
www.acc561genius.com
Purpose of Assignment This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios
1. The document discusses the importance of preparing basic financial statements including the balance sheet, income statement, and statement of cash flows for managing a small business. It explains key components and terms related to each statement.
2. It emphasizes that entrepreneurs must understand and use the information in their financial statements to effectively manage their business and work towards profit objectives. Regular analysis can help owners identify trends, cut costs, and make strategic decisions.
3. The example of Development Counsellors International shows how having all employees present and discuss the company's monthly financial reports helps foster a shared understanding of finances and links the bottom line to employee compensation.
For more classes visit
www.snaptutorial.com
1. The term “receivables” refers to
cash to be paid to debtors.
merchandise to be collected from individuals or companies.
cash to be paid to creditors.
amounts due from individuals or companies.
For more classes visit
www.snaptutorial.com
1. The term “receivables” refers to
cash to be paid to debtors.
merchandise to be collected from individuals or companies.
cash to be paid to creditors.
amounts due from individuals or companies.
For more course tutorials visit
www.uopacc561.com
Purpose of Assignment This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios to evaluate and analyze
ACC 291 GENIUS Become Exceptional--acc291genius.comkopiko119
FOR MORE CLASSES VISIT
www.acc291genius.com
1. The term “receivables” refers to cash to be paid to debtors. merchandise to be collected from individuals or companies. cash to be paid to creditors. amounts due from
FOR MORE CLASSES VISIT
www.acc561tutorial.com
Purpose of Assignment This activity helps students recognize the significant role accounting plays in providing financial information to management for decision
QuestionsNone of these questions has a style component, .docxcatheryncouper
Questions
None of these questions has a style component, thus you don't have to write in complete sentences and well-formed paragraphs. You can use lists where appropriate if you want.
You are a partner in a medium-sized, regional CPA firm and have been approached by XYZ, Inc., a relatively small, public company, to do their audit for next year. XYZ is registered with the SEC and has filed audited 10-Ks for the last 10 years since they went public. They haven't indicated why they are switching auditors.
XYZ specializes in developing shale gas using fracking technology. Fracking technology involves drilling wells into shale formations and injecting high pressure water containingspecial chemicals into the well to fracture the shale formation and release the trapped natural gas.
You and your firm currently are members of the AICPA. All the partners and managers are licensed CPAs in the state of New Mexico and also members of the AICPA. Your firm has limited experience with oil and gas extraction and has no other fracking clients. However, your firm has offices that can cover the physical locations where the prospective client does business.
a) Develop a checklist of five areas or issues that you would want to research before you accepted this firm as an audit client. For each area or issue, explain why you would want to research it and give an example of where you might go to get some information about each issue.
i) Issue 1 - Royalty: The royalty is to be paid by the lessor without any deductions for the cost of the drilling or production and royalty is negotiable, therefore it should be assessed.
ii) Issue 2 – Bonus: The bonus is to be paid to the lessor as consideration for execution of the lease. It should be expressed as a fix dollar amount per net mineral acre.
iii) Issue 3 – Post production Cost: Taking into consideration if royalty is based on pricing received by the company, the post production cost should also be revised or checked to be computed.
iv) Issue 4 - Lease Terms: It’s imperative to be able to understand how the lease term function in this particular industry such as oil and gas. Not to mention, the time period of lease to be able to identify and understand the ongoing concerns.
v) Issue 5 – Safety Management: The need of the study of safety management system being adopted by the company in regards to employee involvement, safety training, hazard identification, management of labor and control.
b) Describe two reasons why a firm like this firm would want an audit even if they were not required to do so by the SEC. I am looking for substantive reasons that show you understand the importance of auditing in capital markets and why possible stakeholders like lenders and investors would want a firm like this to have an audit.
Reason 1: The firm and it’s auditors are very capable and have been permitted by the states to perform the external audit and not to mention, can perform the audit responsibil ...
Jazzit Score is a financial reporting tool that automatically creates a comprehensive 32 page financial report analyzing the health of your clients’ business. Drawing on the trial balance info already entered in CaseWare Working Papers, it includes ratio analysis, trend analysis, comparative industry and custom defined benchmarks with insightful commentary.
Founded in 2000, Jazzit is Canada’s leading supplier of premium CaseWare templates for accountants. Our products include Jazzit Fundamentals, Jazzit Checklists and Jazzit Score, creating a powerful suite of automated solutions for SME practioners. Jazzit Fundamentals, the flagship product, is an integrated suite of over 115 templates and letters that assist public accountants in completing year-end engagements with their corporate clients. With offices in Calgary, Alberta, and Kelowna, B.C., Jazzit’s software serves over 5,000 accounting professionals across Canada.
Jazzit Score is a financial reporting tool that automatically creates a comprehensive 32 page financial report analyzing the health of your clients' business. Drawing on the trial balance info already entered in CaseWare Working Papers, it includes ratio analysis, trend analysis, comparative industry and custom defined benchmarks with insightful commentary.
Founded in 2000, Jazzit is Canada's leading supplier of premium CaseWare templates for accountants. Our products include Jazzit Fundamentals, Jazzit Checklists and Jazzit Score, creating a powerful suite of automated solutions for SME practioners. Jazzit Fundamentals, the flagship product, is an integrated suite of over 100 templates and letters that assist public accountants in completing year-end engagements with their corporate clients. With offices in Calgary, Alberta, and Kelowna, B.C., Jazzit's software serves over 5,000 accounting professionals across Canada.
FOR MORE CLASSES VISIT
www.acc561tutorial.com
Purpose of Assignment This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios to evaluate and analyze a company’s liquidity, solvency
FOR MORE CLASSES VISIT
www.acc561genius.com
Purpose of Assignment This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios to evaluate and analyze a company’s liquidity, solvency, and profitability. Two-Rivers Inc. (TRI) manufactures a variety of consumer products. The company's founders have run the company for thirty years and are now interested
Similar to ACC 573 NERD Become Exceptional--acc573nerd.com (20)
This presentation includes basic of PCOS their pathology and treatment and also Ayurveda correlation of PCOS and Ayurvedic line of treatment mentioned in classics.
A review of the growth of the Israel Genealogy Research Association Database Collection for the last 12 months. Our collection is now passed the 3 million mark and still growing. See which archives have contributed the most. See the different types of records we have, and which years have had records added. You can also see what we have for the future.
This slide is special for master students (MIBS & MIFB) in UUM. Also useful for readers who are interested in the topic of contemporary Islamic banking.
it describes the bony anatomy including the femoral head , acetabulum, labrum . also discusses the capsule , ligaments . muscle that act on the hip joint and the range of motion are outlined. factors affecting hip joint stability and weight transmission through the joint are summarized.
Strategies for Effective Upskilling is a presentation by Chinwendu Peace in a Your Skill Boost Masterclass organisation by the Excellence Foundation for South Sudan on 08th and 09th June 2024 from 1 PM to 3 PM on each day.
How to Fix the Import Error in the Odoo 17Celine George
An import error occurs when a program fails to import a module or library, disrupting its execution. In languages like Python, this issue arises when the specified module cannot be found or accessed, hindering the program's functionality. Resolving import errors is crucial for maintaining smooth software operation and uninterrupted development processes.
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...PECB
Denis is a dynamic and results-driven Chief Information Officer (CIO) with a distinguished career spanning information systems analysis and technical project management. With a proven track record of spearheading the design and delivery of cutting-edge Information Management solutions, he has consistently elevated business operations, streamlined reporting functions, and maximized process efficiency.
Certified as an ISO/IEC 27001: Information Security Management Systems (ISMS) Lead Implementer, Data Protection Officer, and Cyber Risks Analyst, Denis brings a heightened focus on data security, privacy, and cyber resilience to every endeavor.
His expertise extends across a diverse spectrum of reporting, database, and web development applications, underpinned by an exceptional grasp of data storage and virtualization technologies. His proficiency in application testing, database administration, and data cleansing ensures seamless execution of complex projects.
What sets Denis apart is his comprehensive understanding of Business and Systems Analysis technologies, honed through involvement in all phases of the Software Development Lifecycle (SDLC). From meticulous requirements gathering to precise analysis, innovative design, rigorous development, thorough testing, and successful implementation, he has consistently delivered exceptional results.
Throughout his career, he has taken on multifaceted roles, from leading technical project management teams to owning solutions that drive operational excellence. His conscientious and proactive approach is unwavering, whether he is working independently or collaboratively within a team. His ability to connect with colleagues on a personal level underscores his commitment to fostering a harmonious and productive workplace environment.
Date: May 29, 2024
Tags: Information Security, ISO/IEC 27001, ISO/IEC 42001, Artificial Intelligence, GDPR
-------------------------------------------------------------------------------
Find out more about ISO training and certification services
Training: ISO/IEC 27001 Information Security Management System - EN | PECB
ISO/IEC 42001 Artificial Intelligence Management System - EN | PECB
General Data Protection Regulation (GDPR) - Training Courses - EN | PECB
Webinars: https://pecb.com/webinars
Article: https://pecb.com/article
-------------------------------------------------------------------------------
For more information about PECB:
Website: https://pecb.com/
LinkedIn: https://www.linkedin.com/company/pecb/
Facebook: https://www.facebook.com/PECBInternational/
Slideshare: http://www.slideshare.net/PECBCERTIFICATION
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
ACC 573 NERD Become Exceptional--acc573nerd.com
1. ACC 573 Final Exam Guide
FOR MORE CLASSES VISIT
www.acc573nerd.com
1. To calculate a company's average tax rate an analyst would
2. The accumulated benefit obligation measures
3. The major difference between accounting for pensions and the
accounting for other postretirement benefits is that firms
4. Which of the following is not part of the balance sheet approach
when computing income tax expense?
5. The assessment of earnings quality is best accomplished through
the use of which one of the following?
6. Firm's choices and estimates within U.S. GAAP should be
determined by
7. The date on which a firm commits itself to a formal plan to
dispose of a segment is the
8. Which of the following statements does not apply to preventing
“garbage in, garbage out” when implementing a forecasting game plan
9. Nichols and Wahlen's 2004 study showed that superior forecasting
provides the potential to earn superior security returns. Nichols and
Wahlen's findings indicate
2. 10. Common-size financial statements recast each statement item as
11. Financial statement forecasts rely on additivity within financial
statements and articulation across financial statements. Given this
information sales growth forecasts will most likely affect growth in
12. Equity-based valuation models are based on all metrics except
13. If a firm has a market beta of 0.9, is subject to an income tax rate of
35 percent, has a risk-free rate of 6 percent, a market risk premium of 7
percent, and has a market value of debt to market value of equity ratio
of 60 percent, what does the market expect the firm to generate in
terms of equity returns using CAPM?
14. Equity valuation models based on dividends, cash flows, and
earnings have been the topic of many theoretical and empirical
research studies in recent years. All of the following are true regarding
these studies except:
15.
A disadvantage of the free cash flow valuation method i
16.
17.
Operating assets include all of the following except
18. The conceptual framework for free cash flows separates the
balance sheet equation into the following categories:
3. 19. If an analyst wants to value a potential investment in the net
operating assets of a division of another firm, the analyst should
discount the projected free cash flows at the
20. Residual income in a long-run steady-state growth period is
referred to as:
21. The two most popular discounted earnings models appear to be
22. Residual income is
23. The market price of a share of common equity reflects
24. Strictly speaking, the price-earnings ratio assumes that firm value is
the
25. Valuation using market multiples captures
26. Under the value-to-book model new projects will be abnormally
profitable only when
==============================================
==============================================
ACC 573 Week 1 DQ 1
FOR MORE CLASSES VISIT
www.acc573nerd.com
4. Based on your review of the SEC reporting requirements as outlined in
the Sarbanes-Oxley Act, assess the adequacy of the reporting
requirements for providing credible financial and operating information
for company stakeholders and potential investors, indicating any gaps
identified in the reporting. Provide support for your rationale.
==============================================
ACC 573 Week 1 DQ 2
FOR MORE CLASSES VISIT
www.acc573nerd.com
Assess how the GAAP and IFRS convergence project has impacted SEC
reporting requirements, predicting the long-term impact of the
convergence on reporting. Provide a rationale for your prediction.
==============================================
ACC 573 Week 2 DQ 1
5. FOR MORE CLASSES VISIT
www.acc573nerd.com
As a CFO of a publically traded company, suggest how you would create
an ethical environment to ensure account balances are correctly valued
and reported so that information is reliable for users. Provide support
for your rationale.
Assess the ethical requirements as outlined in the Sarbanes-Oxley Act,
indicating whether or not you believe the requirements are adequate
to ensure integrity in financial accounting and reporting activities.
Suggest improvements that may be needed while providing support for
your rationale.
==============================================
ACC 573 Week 2 DQ 2
FOR MORE CLASSES VISIT
www.acc573nerd.com
In today’s business environment where publicly traded companies feel
pressure to meet short-term earnings expectations, management may
be tempted to “manage earnings”. Assess how a financial statement
6. user may be able to detect managed earnings when reviewing the
firm’s balance sheet, income statement, and cash-flow statement.
Indicate how a potential investor might interpret these “red-flags”.
Provide support for your rationale.
Assess how the Sarbanes-Oxley Act addresses the concern of corporate
“managed earnings”, indicating whether or not you believe the
requirements within the Act are sufficient to minimize these concerns.
Provide support for your rationale.
==============================================
ACC 573 Week 3 Assignment 1 Financial Statement
Restatement and Ethics
FOR MORE CLASSES VISIT
www.acc573nerd.com
Write a two to three (2-3) page paper in which you:
Assess the factors that contributed to the financial statement
restatement, signifying the executive management team’s attitude
toward the restatement. Suggest how the restatement may have been
avoided during the initial reporting process.
7. Explain the impact to the company’s stock price when the restatement
was released and to future earnings forecast, indicating whether or not
you believe the impact to the stock price was justified.
Evaluate the restatement in terms of management’s ethical violations
according to the requirements of the Sarbanes-Oxley Act, providing
recommendations to management on how to avoid these problems in
the future. Provide support for your recommendations.
Use at least two (2) quality academic resources in this assignment.
Note: Wikipedia and other Websites do not quality as academic
resources.
==============================================
ACC 573 Week 3 DQ 1
FOR MORE CLASSES VISIT
www.acc573nerd.com
As part of the Sarbanes-Oxley Act, corporate officers are no longer able
to “pass the buck” of responsibility for ensuring adequate controls over
financial statements and reporting activities thus ensuring the accuracy
of financial statements. Assess the adequacy of the provisions
contained within the Act, indicating whether or not you believe
8. requirements will improve the accuracy of financial statements and
reporting. Provide support for your rationale.
Given the requirements contained in the Act for CEO and CFOs to
certify the adequacy of controls and financial statement accuracy,
evaluate your comfort level with this requirement should you become a
CFO of a publically traded company. Provide support for your rationale.
==============================================
ACC 573 Week 4 DQ 1
FOR MORE CLASSES VISIT
www.acc573nerd.com
Based on your review of the current requirements of the SEC and FASB,
assess the adequacy of the guidelines for ensuring the transparency of
off-balance-sheet transactions to investors, indicating where
improvements may still be needed. Provide support for your rationale.
As a CFO of a publically traded company, evaluate the pros and cons of
using off-balance-sheet financing, including a recommendation as to
9. whether or not you support using these types of arrangements. Provide
support for your recommendation.
==============================================
ACC 573 Week 4 DQ 2
FOR MORE CLASSES VISIT
www.acc573nerd.com
Based on the information found in the e-Activity, assess the key
differences between U.S. GAAP and IFRS reporting for the testing of
asset impairment and the requirement to write down the asset value.
Indicate whether or not you support the U.S. GAAP or IFRS approach.
Provide support for your position.
As an investor, recommend a strategy for evaluating long-lived asset
values contained on the balance sheet of a publically traded company
so as to minimize the risk to the investor. Provide support for your
strategy.
==============================================
ACC 573 Week 5 DQ 1
10. FOR MORE CLASSES VISIT
www.acc573nerd.com
Create an argument for the use of Fair Market Accounting as opposed
to historical cost. Provide support for your argument.
Evaluate the effectiveness of the accounting principle guidelines for
determining the market value of an asset, indicating improvements to
these guidelines. Provide support for your recommendations.
Create an argument for the use of Fair Market Accounting as opposed
to historical cost. Provide support for your argument.
==============================================
ACC 573 Week 5 DQ 2
FOR MORE CLASSES VISIT
www.acc573nerd.com
Assess the risks associated with derivatives instruments, indicating how
these risks may be minimized for a publically traded company. Provide
support for your rationale.
11. As an investor, assess the potential financial concerns to be raised
when reviewing the financial statements of a publically traded company
containing derivative instruments providing a recommendation for how
the concerns may be identified and addressed.
we have to get ACC 573 DQs tomorrow and ACC 575 all quizzes+ one
assignment
==============================================
ACC 573 Week 6 DQ 1
FOR MORE CLASSES VISIT
www.acc573nerd.com
The Sarbanes-Oxley (SOX) Act was created with the intent of improving
the quality of accounting, reliability of financial statements to investors,
and providing oversight to accounting professionals through the
creation of a new federal agency, Public Accounting Company Oversight
Board (PACOB). Create an argument supporting whether SOX achieved
these goals, and whether financial data reported today is more
accurate and reliable than prior to the Act. Provide support for your
rationale.
12. Assess the impact to the Public Accounting Profession with the creation
of the PACOB and the inability of the profession to be self-regulated.
Indicate your level of support for the federal regulation of the
profession. Provide a rationale for your response.
==============================================
ACC 573 Week 6 DQ 2
FOR MORE CLASSES VISIT
www.acc573nerd.com
Assess the impact to public trust when a publically traded company
restates its financial data, indicating how negative impressions may be
minimized. Provide support for your rationale.
Evaluate the current trend of companies restating financial statements.
Indicate the key drivers of this trend. Predict the trend over the next
five years, providing support for your rationale.
==============================================
ACC 573 Week 7 Assignment 2 Accounting Quality
13. FOR MORE CLASSES VISIT
www.acc573nerd.com
Write a four to five (4-5) page paper in which you:
Assess the roles of the Board of Directors and Chief Executive Officer of
a public company for establishing an ethical environment that
generates quality accounting and reliable financial reporting for use by
shareholders and investors. Provide support for your assessment.
Recommend a strategy for a CEO to implement, leading to an ethical
environment that leads to high-quality accounting, reporting, and
forecasting. Provide support for your recommendation.
Suggest how corporate management can provide assurances to
investors that the performance forecast and expected earnings will be
realized, minimizing the volatility of the stock price. Provide support for
your suggestions.
Evaluate the consequences to a publically traded company when there
is a lack of quality within financial accounting and reporting, indicating
how these consequences may be minimized. Provide support for your
answer.
Assess the requirements of the Sarbanes-Oxley Act related to
accounting quality, indicating whether or not you believe the
requirements are sufficient to protect stockholders and potential
investors. Provide support for your position.
14. Use at least five (5) quality academic resources in this assignment.
Note: Wikipedia and other Websites do not quality as academic
resources.
==============================================
ACC 573 Week 7 DQ 1
FOR MORE CLASSES VISIT
www.acc573nerd.com
Assess the financial performance forecasting process, identifying the
assumptions made that are most likely to cause a gap between the
forecast and actual performance. Indicate how these gaps may be
minimized. Provide support for your rationale.
Create an argument supporting the value of forecasting to an
organization. Provide support for your argument
==============================================
ACC 573 Week 7 DQ 2
FOR MORE CLASSES VISIT
15. www.acc573nerd.com
Assess the market and shareholder behaviors when a publically traded
company makes the decision not to pay dividends to its shareholders,
suggesting how management should react to these behaviors. Provide
support for your rationale.
Evaluate the factors that an investor may consider when deciding
whether or not to invest in a company with a policy of non-dividend
payments. Indicate whether or not you believe this a prudent choice for
some investors. Provide support for your rationale.
==============================================
ACC 573 Week 8 DQ 1
FOR MORE CLASSES VISIT
www.acc573nerd.com
Create an argument that use of the present value free cash-flow
method has a more beneficial economic meaning than earnings-based
methods. Provide support for your argument.
16. Assess the challenges related to using the present value of the free
cash-flow valuation method in practice, suggesting how each of these
challenges may be overcome. Provide support for your rationale.
==============================================
ACC 573 Week 8 DQ 2
FOR MORE CLASSES VISIT
www.acc573nerd.com
Assess how the free cash-flow method can be used when a company is
profitable yet the cash-flow values are expected to be negative over the
next five years, indicating the likely impact on the valuation. Provide
support for your rationale.
Assess which cash-flow variables are the most sensitive to change and
the likely impact on a firm’s valuation. Provide support for your answer.
==============================================
ACC 573 Week 9 DQ 1
FOR MORE CLASSES VISIT
17. www.acc573nerd.com
Create an argument supporting that using the earnings-based valuation
method yields the most accurate results. Provide support for your
argument.
Assess the challenges related to using the earnings-based valuation
method in practice, suggesting how each of these challenges may be
overcome. Provide support for your rationale
==============================================
ACC 573 Week 9 DQ 2
FOR MORE CLASSES VISIT
www.acc573nerd.com
Evaluate the likely impact on a firm’s valuation when using U.S. GAAP
versus IFRS accounting methods, indicating which accounting standards
you believe may yield a more favorable result. Provide support for your
position.
18. Determine how a firm’s valuation using the earnings-based valuation
method would be impacted when using aggressive versus conservative
accounting. Provide evidence supporting your conclusion.
==============================================
ACC 573 Week 10 Assignment 3 Company Valuation (Facebook
IPO)
FOR MORE CLASSES VISIT
www.acc573nerd.com
Write a five to six (5-6) page paper in which you:
Evaluate the valuation and method used to determine the Initial Public
Offering value of Facebook stock, indicating any miscalculations in the
valuation that may have mislead potential investors and how these
errors may have been minimized. Provide support for your response.
Assess the performance of the stock within the first year of the public
offering, indicating the drivers of the performance and the resulting
impact to the company performance.
Suggest an alternative method of valuation for the company valuation
indicated and how it may have yielded a different value and the
potential resulting impact to investor decision. Provide support for your
rationale.
19. Assess the role of the Chief Executive Officer in relationship to the stock
performance, suggesting what the person in that role may have done
differently to positively influence the performance of the stock and
value to investors. Provide support for your suggestions.
Evaluate the risk / reward position to an investor when purchasing
stock during an initial public offering, indicating under what
circumstances you would advise an investor to do so.
Predict the stock price of Facebook over the next five years, indicating
the key drivers of the performance and the resulting impact to the
stock price. Provide support for your prediction.
Use at least five (5) quality academic resources in this assignment.
Note: Wikipedia and other Websites do not quality as academic
resources.
==============================================
ACC 573 Week 10 DQ 1
FOR MORE CLASSES VISIT
www.acc573nerd.com
• Create an argument supporting that using the market-based
valuation method yields the most accurate results. Provide support for
your argument.
20. • Assess the challenges related to using the market-based
valuation method in practice, suggesting how each of these challenges
may be overcome. Provide support for your rationale.
==============================================