This document provides background details and findings of fact regarding an embezzlement case involving Becky McGill, the assistant manager of Howie's Cafe. The accountant's analysis found that Becky had deposited daily cash sales reports that matched receipts exactly, but was omitting cumulative total sales from Z tapes, skimming around $250,000 over 9 months. Surveillance video also showed Becky exchanging cash from her purse for bills in the register. Becky claimed her increased gambling was due to wins, but her income remained the same and records show she gambled over $1.7 million in a year. Becky was charged with embezzlement of $250,000 and tax evasion.
This document summarizes a case study about the embezzlement of funds from Howie's Cafe by the assistant manager, Becky McGill. Over a nine month period, Becky deposited $250,000 in cash from the cafe into her personal bank accounts through sales skimming and manipulating the cash register tapes. A net worth analysis showed Becky had unexplained income that could not be accounted for by her reported earnings. Witness testimony and evidence from Becky's gambling records at a local casino indicated she had taken money from the cafe to fund her gambling activities. Upon discovering financial irregularities after the owner's death, his daughter and an accountant conducted an investigation that uncovered Becky's theft and led to her
The document analyzes financial transactions and prepares financial statements for Dog Concierges, LLC over its first two years of operations. It includes a transaction analysis showing the impact of events on the balance sheet and income statement. It also includes a cash flow statement showing positive cash flow from operations and negative cash flow from investing and financing activities. Finally, it includes a balance sheet prepared using information from the cash flow statement. The analysis provides insight into the company's financial performance and position.
This document provides a summary of the Wells Fargo fake accounts scandal that occurred from 2011-2015. Over 5,300 Wells Fargo employees opened over 2 million checking and credit card accounts without customers' consent in order to meet unrealistic sales goals. This illegal activity resulted in Wells Fargo paying $185 million in fines by the CFPB and OCC. The scandal damaged Wells Fargo's reputation and led to the firing of its CEO and over 5,000 employees who were involved. The document examines how Wells Fargo's overemphasis on sales goals and lack of oversight and controls over employees contributed to the development of a corrupt corporate culture.
This document summarizes key points from a presentation on business fraud given by Charles W. Schulze. It discusses findings from the Association of Certified Fraud Examiners' report on business fraud, including who commits fraud, how long fraud lasts, and how fraud is typically discovered. It also provides examples of three fraud cases involving a church secretary stealing cash deposits, a bookkeeper embezzling from a nonprofit over seven years, and a company controller stealing over $1 million from their employer over six years through direct deposit payments. The presentation emphasizes that fraud is often simple and based on exploiting opportunities, rationalizing criminal behavior, and being in financial need. It encourages business owners to maintain oversight of finances and be skeptical without trusting
From Yizhou HuangTo Professor BoyerSubject FRAUD INVESTIGATI.docxhanneloremccaffery
From Yizhou Huang
To: Professor Boyer
Subject: FRAUD INVESTIGATION: MOUNTAIN SPORTING GOODS
10/16/2017
Fraud refers to deliberate efforts by a party to conceal information to other parties for his/her benefits to the detriment/loss of the party to whom the information is being hidden. Not many organizations’ management will readily accept fraud has occurred. As a result, not may fraud cases will be detected especially by outsiders.
At onset, I am aware that Mountain Sporting Goods, and I particular Pawn shop will not be an exception to the above. As such, my findings may not be conclusive of all the fraud which has occurred in Pawn Shop or Mountain Sporting Goods.
It is the duty of the management to come up with plans and programs which will safeguard the organizations assets, deter and detect fraud, and ensure the integrity of its accounting records. In the Pawn shop scenario, I am aware that this may be a red flag to check in my investigations. Since the members of the company were of the opinion that the business was not going well, I decided to approach the engagement with a free mind but cognizant of the fact that it is possible they are right.
No organization is safe from fraud regardless of its size. Therefore, an organization should create a fraud risk assessment plan and ensure that proper internal controls are in place. Mountain Sporting Goods were supposed to have one. For this to work, the owners or management must fully understand the business and the environment in which it is working in.
However, when the proprietor, JD, the family did not understand the business and eventually entrusted their friend TW to manage and run the business.
Pawn shop management was expected to put in place controls to provide reasonable assurance regarding the achievement of the objective, effectiveness and efficiency of operations reliability of financial reports.
Phase I: red flags, fraud hypothesis:
1. Misappropriation and misuse of company assets. This may include assets such as cash, data and property. This may include theft of resources and assets.
2. Financial fraud schemes.
3. Corruption. This is done through bribery in order to ensure a person with information does not disclose it, extortion by a person with influence over another and conflict of interest.
Red flags:
1. Tw is not a owner manage business: college student, not efficiency
2. sales are increasing each year, but NI is going down significantly, not making projection. Company has the ability to generate revenue, but NI decrease
3. Pawn shop sales for the year is really small- not the growth area, failure of the business
4. Inventory for the Pawn shop is not on the book (ending inventory that was not redeemed should recorded)- inflating sales, purchases , sales will not recorded on the book(pawn), inventory not on the book, loan repayment by cash—workman can take home some cash, inventory… no traces on sales, cash, inventory
Loan(pawn) GAAP
Purchase 100 Inventory ...
The document discusses the working capital issues faced by a growing company called ABC Company. In its first year, ABC Company was profitable but faced a cash shortage due to increased working capital needs from higher stock and debtor levels as sales grew. This trend continued into the second year as projected profits were not enough to cover further working capital growth. To address the cash flow problem, ABC Company needs to obtain external working capital financing such as an overdraft, invoice financing, or short-term loan.
Janice Percival opened a two-column cash book for her business, Percival Beauty Centre, on January 4, 2009 with a starting balance of $10,000. On that day, $8,000 was transferred to the business bank account and $1,500 of goods were purchased with cash. In the following transactions that month, the business received $2,500 from Caribbean Theatre on January 15, had $3,000 in cash sales on January 16, withdrew $5,000 from the cash account to the bank account on January 21, and withdrew $3,000 from the bank to pay salaries on January 25.
Chapter one Person finance 1 website.pptssuser0f06781
This document discusses creating a personal financial plan. It emphasizes that financial goals should drive the plan and having clear goals is important. A good financial plan includes seven key components: budgeting, managing liquidity, financing large purchases, managing risk, investing, planning for retirement, and record keeping. The first component discussed is budgeting, which involves determining net worth, establishing income, and identifying expenses. Managing liquidity or cash flow is also important, including decisions around credit use and credit management. Different types of credit like installment plans and credit cards are outlined. Overall, the document provides an overview of the important elements to include when creating a personalized financial plan.
This document summarizes a case study about the embezzlement of funds from Howie's Cafe by the assistant manager, Becky McGill. Over a nine month period, Becky deposited $250,000 in cash from the cafe into her personal bank accounts through sales skimming and manipulating the cash register tapes. A net worth analysis showed Becky had unexplained income that could not be accounted for by her reported earnings. Witness testimony and evidence from Becky's gambling records at a local casino indicated she had taken money from the cafe to fund her gambling activities. Upon discovering financial irregularities after the owner's death, his daughter and an accountant conducted an investigation that uncovered Becky's theft and led to her
The document analyzes financial transactions and prepares financial statements for Dog Concierges, LLC over its first two years of operations. It includes a transaction analysis showing the impact of events on the balance sheet and income statement. It also includes a cash flow statement showing positive cash flow from operations and negative cash flow from investing and financing activities. Finally, it includes a balance sheet prepared using information from the cash flow statement. The analysis provides insight into the company's financial performance and position.
This document provides a summary of the Wells Fargo fake accounts scandal that occurred from 2011-2015. Over 5,300 Wells Fargo employees opened over 2 million checking and credit card accounts without customers' consent in order to meet unrealistic sales goals. This illegal activity resulted in Wells Fargo paying $185 million in fines by the CFPB and OCC. The scandal damaged Wells Fargo's reputation and led to the firing of its CEO and over 5,000 employees who were involved. The document examines how Wells Fargo's overemphasis on sales goals and lack of oversight and controls over employees contributed to the development of a corrupt corporate culture.
This document summarizes key points from a presentation on business fraud given by Charles W. Schulze. It discusses findings from the Association of Certified Fraud Examiners' report on business fraud, including who commits fraud, how long fraud lasts, and how fraud is typically discovered. It also provides examples of three fraud cases involving a church secretary stealing cash deposits, a bookkeeper embezzling from a nonprofit over seven years, and a company controller stealing over $1 million from their employer over six years through direct deposit payments. The presentation emphasizes that fraud is often simple and based on exploiting opportunities, rationalizing criminal behavior, and being in financial need. It encourages business owners to maintain oversight of finances and be skeptical without trusting
From Yizhou HuangTo Professor BoyerSubject FRAUD INVESTIGATI.docxhanneloremccaffery
From Yizhou Huang
To: Professor Boyer
Subject: FRAUD INVESTIGATION: MOUNTAIN SPORTING GOODS
10/16/2017
Fraud refers to deliberate efforts by a party to conceal information to other parties for his/her benefits to the detriment/loss of the party to whom the information is being hidden. Not many organizations’ management will readily accept fraud has occurred. As a result, not may fraud cases will be detected especially by outsiders.
At onset, I am aware that Mountain Sporting Goods, and I particular Pawn shop will not be an exception to the above. As such, my findings may not be conclusive of all the fraud which has occurred in Pawn Shop or Mountain Sporting Goods.
It is the duty of the management to come up with plans and programs which will safeguard the organizations assets, deter and detect fraud, and ensure the integrity of its accounting records. In the Pawn shop scenario, I am aware that this may be a red flag to check in my investigations. Since the members of the company were of the opinion that the business was not going well, I decided to approach the engagement with a free mind but cognizant of the fact that it is possible they are right.
No organization is safe from fraud regardless of its size. Therefore, an organization should create a fraud risk assessment plan and ensure that proper internal controls are in place. Mountain Sporting Goods were supposed to have one. For this to work, the owners or management must fully understand the business and the environment in which it is working in.
However, when the proprietor, JD, the family did not understand the business and eventually entrusted their friend TW to manage and run the business.
Pawn shop management was expected to put in place controls to provide reasonable assurance regarding the achievement of the objective, effectiveness and efficiency of operations reliability of financial reports.
Phase I: red flags, fraud hypothesis:
1. Misappropriation and misuse of company assets. This may include assets such as cash, data and property. This may include theft of resources and assets.
2. Financial fraud schemes.
3. Corruption. This is done through bribery in order to ensure a person with information does not disclose it, extortion by a person with influence over another and conflict of interest.
Red flags:
1. Tw is not a owner manage business: college student, not efficiency
2. sales are increasing each year, but NI is going down significantly, not making projection. Company has the ability to generate revenue, but NI decrease
3. Pawn shop sales for the year is really small- not the growth area, failure of the business
4. Inventory for the Pawn shop is not on the book (ending inventory that was not redeemed should recorded)- inflating sales, purchases , sales will not recorded on the book(pawn), inventory not on the book, loan repayment by cash—workman can take home some cash, inventory… no traces on sales, cash, inventory
Loan(pawn) GAAP
Purchase 100 Inventory ...
The document discusses the working capital issues faced by a growing company called ABC Company. In its first year, ABC Company was profitable but faced a cash shortage due to increased working capital needs from higher stock and debtor levels as sales grew. This trend continued into the second year as projected profits were not enough to cover further working capital growth. To address the cash flow problem, ABC Company needs to obtain external working capital financing such as an overdraft, invoice financing, or short-term loan.
Janice Percival opened a two-column cash book for her business, Percival Beauty Centre, on January 4, 2009 with a starting balance of $10,000. On that day, $8,000 was transferred to the business bank account and $1,500 of goods were purchased with cash. In the following transactions that month, the business received $2,500 from Caribbean Theatre on January 15, had $3,000 in cash sales on January 16, withdrew $5,000 from the cash account to the bank account on January 21, and withdrew $3,000 from the bank to pay salaries on January 25.
Chapter one Person finance 1 website.pptssuser0f06781
This document discusses creating a personal financial plan. It emphasizes that financial goals should drive the plan and having clear goals is important. A good financial plan includes seven key components: budgeting, managing liquidity, financing large purchases, managing risk, investing, planning for retirement, and record keeping. The first component discussed is budgeting, which involves determining net worth, establishing income, and identifying expenses. Managing liquidity or cash flow is also important, including decisions around credit use and credit management. Different types of credit like installment plans and credit cards are outlined. Overall, the document provides an overview of the important elements to include when creating a personalized financial plan.
The document is a presentation on business lines of credit that includes definitions, types, how to obtain one, and ways they can be used. It also includes a case study about a business owner wanting to sell her business and the steps taken to prepare, including normalizing financial statements, addressing tax issues across multiple states, and obtaining an objective valuation.
Five Strategies to Consider as You Seek Capital for Your BusinessCharlie Stewart
The document provides guidance on obtaining capital for a new or growing business. It outlines key components of an effective loan package, including thorough background information on the business/idea, financials, and owners. It emphasizes demonstrating that the debt can be repaid through credible projections and financial strength. While rate is important, reducing risk and building relationships with lenders are also critical to securing favorable terms. Prospective business owners should prepare in advance, expect rejections, and work to improve their package based on feedback.
FOR MORE CLASSES VISIT
www.acc290genius.com
ACC 290 Finals Question 1 Jackson Company recorded the following cash transactions for the year: Paid $135,000 for salaries. Paid $60,000 to purchase office equipment. Paid $15,000 for utilities. Paid $6,000 in dividends.
I think there were many factors that led to the financial crisis. .docxwilcockiris
I think there were many factors that led to the financial crisis. There were both moral and cognitive theories. In the moral failure the executives were caught up in maximizing their own profits instead of doing what was best for the company. They received incentives to give out loans that they should not have morally given out. The credit agencies were also a big factor in the crisis. The rating agencies were rating bonds AAA or AA when they did not make the standards of being AAA or AA. The people responsible for the crisis did not know what they were causing as an increase in housing ownership made people think there was a positive sign of the economy, when in reality it wasn't.
I believe everyone is a little responsible for the financial crisis. The greedy CEO's were looking to maximize their own salaries, Congress was loosening their loan requirements, credit agencies were not rating bonds at their appropriate rate, Fannie Mae and Freddie Mac lowered their standards to compete, and individual borrowers did not appropriately research their investments or know that they cannot afford all the loans they are getting.
I tnink the financial crisis was brought on by more of well-intentioned individuals than greed. I don't think people really understood the repercussions of their actions. Nobody thought the housing market, one of the most reliable systems would fail like it did. The underlying factor might have been greed as every mistake made was a step to the financial crisis.
“Ryan Thurston”
The credit crisis had many reasons for its cause, moral and cognitive. Morally there were executives that didn’t look at the best interest of the firms they worked for, but instead made decisions for their own salaries and benefits. Credit agencies also had a moral problem when it came to giving out their ratings. They were too generous in handing out AA and AAA ratings so that they get paid by the bond issuers. Cognitively, many people believed that everybody owning a home was a good thing and that the economy was doing great. Many executives and lawmakers believed the same thing.
There is no single person responsible for the credit crisis. But all the individuals and groups put together are to blame. Credit agencies giving risky risky ratings, uneducated borrowers, greedy CEO’s and other employees, and even Congress can be blamed for the crisis.
I don’t believe that we can blame just greed or ignorance for the actions that led to the crisis. It is both, but I do believe that it all started with just ignorance of what was being created. Then I think it developed into willful ignorance for most of the people involved with it, while others knew there was no way it would work in the long run and their greed let them continue it.
“Caleb Howard”
Major factors that contributed to the financial crisis: The executives trying to fatten their pockets by offering as many housing loans as possible and not taking into cons.
Ashlie Barron is seeking a challenging job opportunity to develop her established administrative and leadership skills. She holds a Bachelor's degree in Human Resource Leadership and an Associate's degree in Administrative Office Management from Sullivan University. Barron has over 10 years of experience in banking and customer service roles, currently working as a Teller III at Kentucky Bank where she processes transactions, provides administrative support, and ensures quality customer service. She is proficient in Microsoft Office programs and has experience with accounting software and payroll systems. In her spare time, Barron volunteers as captain for her bank's Relay for Life fundraising team.
BCO114 ACCOUNTING I Task brief & rubrics Task Final Ass.docxjasoninnes20
BCO114 ACCOUNTING I Task brief & rubrics
Task: Final Assignment (40% of the Final grade)
You must answer all the questions in the proposed business case.
This task assesses the following learning outcomes:
• Critically understand the differences between the methods of valuation of the inventory
• Knowing how to properly elaborate an income statement and determine the ending inventory balance.
LAUNCH: WEEK 10 / DELIVERY: MAY 10th, 2020, 23:59HRS ON MOODLE
Submission file format: Excel document with all the answers, clearly identifying all steps, results, journals and including comments besides each answer.
BUSINESS CASE (100 points)
Jim has recently opened a dry fruits wholesale company dedicated to the sale of peanuts, almonds and pistachios.
During its first month of activity, the company has made the following transactions:
February 2: Purchase of Pistachios: [email protected]$/Kg $ 25.000
Purchase of Almonds: 4.000Kg @ 5$/Kg $ 20.000
Purchas of Peanuts: 6.000Kg @ 3$/ Kg $ 18.000
February 3: Purchase of Pistachios: [email protected]$/Kg $18.000
Purchase of Almonds: 2.000Kg @ 6$/Kg $ 12.000
Purchas of Peanuts: 2.000Kg @ 4$/ Kg $ 18.000
mailto:[email protected]$/Kg
mailto:[email protected]$/Kg
February 6: Sold to several clients:
Pistachios: [email protected] 20$/Kg $40.000
Almonds: 2.500Kg @ 11$/Kg $ 27.500
Peanuts: 3.000Kg @ 7$/ Kg $ 21.000
February 6: Sold to Fruits Lovers Inc.:
Pistachios: 500Kg @20$/Kg. $ 10.000
Almonds: 1.000Kg @ 11$/Kg $ 11.000
Peanuts: 1.500Kg @ 8$/ Kg $ 12.000
February 12 Purchase of Pistachios: [email protected]$/Kg $ 21.000
Purchase of almonds: 2.000Kg @ 8$/Kg $ 16.000
February 13: Sale of peanuts to Peanuts Lovers Inc.: 3.500Kg @8$/kg $ 28.000
February 14: Purchase of Peanuts 6.000 Kg @4$/Kg $24.000
February 19: Sold to several clients:
Pistachios: [email protected] 21$/Kg. $ 21.000
Almonds: 1.500Kg @ 13$/Kg $ 19.500
Peanuts: 3.000Kg @ 9$/ Kg $ 27.000
February 25: Purchased from various suppliers:
Pistachios: [email protected]$/Kg. $ 13.000
mailto:[email protected]$/Kg
mailto:[email protected]$/Kg
Almonds: 1.000Kg @ 9$/Kg $ 9.000
Peanuts: 1.000Kg @ 4$/ Kg $ 4.000
Besides these transactions, the company has had the following expenses:
Salaries: $3500
Electricity bill: $300
Renting of equipment: &800
Rent of warehouse and office: $1.500
Miscellaneous: $1.200
Jim’s accountant recommended that he should use the average cost method in order to determine the cost of the inventory sold but he is not sur e about the
consequences it nay have on his financial situation
Relying on your accounting knowledge, Jim asks you the following questions:
1: Why in your opinion did Jim’s accountant recommend the average cost method and what difference is there whit the three other methods? Explain the main
c ...
BCO114 ACCOUNTING I Task brief & rubrics Task Final Ass.docxgarnerangelika
BCO114 ACCOUNTING I Task brief & rubrics
Task: Final Assignment (40% of the Final grade)
You must answer all the questions in the proposed business case.
This task assesses the following learning outcomes:
• Critically understand the differences between the methods of valuation of the inventory
• Knowing how to properly elaborate an income statement and determine the ending inventory balance.
LAUNCH: WEEK 10 / DELIVERY: MAY 10th, 2020, 23:59HRS ON MOODLE
Submission file format: Excel document with all the answers, clearly identifying all steps, results, journals and including comments besides each answer.
BUSINESS CASE (100 points)
Jim has recently opened a dry fruits wholesale company dedicated to the sale of peanuts, almonds and pistachios.
During its first month of activity, the company has made the following transactions:
February 2: Purchase of Pistachios: [email protected]$/Kg $ 25.000
Purchase of Almonds: 4.000Kg @ 5$/Kg $ 20.000
Purchas of Peanuts: 6.000Kg @ 3$/ Kg $ 18.000
February 3: Purchase of Pistachios: [email protected]$/Kg $18.000
Purchase of Almonds: 2.000Kg @ 6$/Kg $ 12.000
Purchas of Peanuts: 2.000Kg @ 4$/ Kg $ 18.000
mailto:[email protected]$/Kg
mailto:[email protected]$/Kg
February 6: Sold to several clients:
Pistachios: [email protected] 20$/Kg $40.000
Almonds: 2.500Kg @ 11$/Kg $ 27.500
Peanuts: 3.000Kg @ 7$/ Kg $ 21.000
February 6: Sold to Fruits Lovers Inc.:
Pistachios: 500Kg @20$/Kg. $ 10.000
Almonds: 1.000Kg @ 11$/Kg $ 11.000
Peanuts: 1.500Kg @ 8$/ Kg $ 12.000
February 12 Purchase of Pistachios: [email protected]$/Kg $ 21.000
Purchase of almonds: 2.000Kg @ 8$/Kg $ 16.000
February 13: Sale of peanuts to Peanuts Lovers Inc.: 3.500Kg @8$/kg $ 28.000
February 14: Purchase of Peanuts 6.000 Kg @4$/Kg $24.000
February 19: Sold to several clients:
Pistachios: [email protected] 21$/Kg. $ 21.000
Almonds: 1.500Kg @ 13$/Kg $ 19.500
Peanuts: 3.000Kg @ 9$/ Kg $ 27.000
February 25: Purchased from various suppliers:
Pistachios: [email protected]$/Kg. $ 13.000
mailto:[email protected]$/Kg
mailto:[email protected]$/Kg
Almonds: 1.000Kg @ 9$/Kg $ 9.000
Peanuts: 1.000Kg @ 4$/ Kg $ 4.000
Besides these transactions, the company has had the following expenses:
Salaries: $3500
Electricity bill: $300
Renting of equipment: &800
Rent of warehouse and office: $1.500
Miscellaneous: $1.200
Jim’s accountant recommended that he should use the average cost method in order to determine the cost of the inventory sold but he is not sur e about the
consequences it nay have on his financial situation
Relying on your accounting knowledge, Jim asks you the following questions:
1: Why in your opinion did Jim’s accountant recommend the average cost method and what difference is there whit the three other methods? Explain the main
c.
This curriculum vitae summarizes Gavin Samuels' professional experience and qualifications. Some key points:
- Gavin holds a B.Com in Accountancy from WITS University and has over 20 years of post-articles experience in internal audit and accounting across various industries.
- He has worked in contract roles for several companies, most recently as an internal audit manager for Akanani Consulting from 2012-2013.
- Gavin also spent 12 years with Fedsure Financial Services Group and 2 years with Johnson Diversey in previous permanent roles.
- He is currently looking for a new permanent position utilizing his expertise in internal audit, accounting, and financial analysis.
Here are the steps to analyze and post a journal entry:
1. Analyze the journal entry to determine the accounts involved and whether each account increased or decreased.
2. Determine if each account is an asset, liability, equity, revenue or expense account based on the general ledger chart of accounts.
3. Translate increases in asset and expense accounts and decreases in liability, equity and revenue accounts into debits, and increases in liability, equity and revenue accounts and decreases in asset and expense accounts into credits.
4. Record the debits and credits in the appropriate general ledger accounts.
Posting
Question
LO 6
The document proposes opening an ice cream franchise location of Handel's Homemade Ice Cream & Yogurt in Columbus, Ohio. It details the business mission, target market of Ohio State University students and faculty, and financial plan to request a $220,000 loan to cover startup costs. The owners, Bethany Cady and Brinda Bhatt, have relevant work experience and education to operate the business successfully and take advantage of the large ice cream market in Columbus.
· · Re WEEK ONE - DISCUSSION QUESTION # 2posted by DONALD DEN.docxLynellBull52
The document discusses financial statements and their importance for companies. It notes that the income statement shows a company's profitability over time by detailing revenue, gains, expenses, and losses. The balance sheet provides information on a company's assets, liabilities, and stockholders' equity at a point in time. It is used to make business decisions. Other comments add that the cash flow statement shows sources and uses of cash, and the owners' equity statement tracks changes in retained earnings. Unforeseen events like natural disasters, recessions, and changes in laws or regulations can impact businesses. There is a discussion around the importance of independent audits and maintaining separation between personal and business finances.
Midterm Exam Fall 2015ACCT 612 – AuditingInstructionsAft.docxannandleola
Midterm Exam Fall 2015
ACCT 612 – Auditing
Instructions
After you have downloaded this document from the Midterm Exam Assignment, please save a copy of this document and rename it using your own name as the file name so that I can keep them separate on my machine (i.e., "Jim Peters Mid.doc").
Type all your answers in this document.
Once you have completed the exam, submit your completed Word files by attaching them to the Midterm assignment in LEO by midnight, November 1st. I will assess a 5% per day late penalty for late exams.
If you need clarification on the wording of any question on the exam, you can e-mail me or call me at the phone numbers listed in my contact information.
I will not accept direct quotes in your answers. If you use outside sources, you need to paraphrase the material in your own words.
I will deduct points for not following these instructions. For example, I will deduct points if you do not type your answers in this document and submit some other type of file; if you do not attached your file to the assignment; or if you do not rename your file as instructed above.
I have posted a spreadsheet file, which I refer to as a grading checklist, with this exam. That spreadsheet file shows you how I have allocated points to questions. When grading your exams, I will fill in a copy of this file for each student and return it with your graded exam. When I grade exams, I embed comments in the Word documents to explain why I am deducting points.
Course Policy on Collaboration and Individual Work
This exam is an individual assignment. You are not to discuss it with anyone other than myself. It is also open book and open note. However, it is not a research assignment and I want you to base your answers to the questions on the material I have included in the exam, the text for the course, and the materials I have handed out in class.
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 containing special 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 ...
This document provides information about the authors and publisher of the second edition of the textbook "Hospitality Financial Accounting". The textbook is authored by Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, and Agnes L. DeFranco. It is published by John Wiley & Sons, Inc. The preface discusses the organization and highlights of the second edition, including a new chapter on financial statement analysis, new ethics cases, and using PepsiCo as the example company for specimen financial statements.
The document provides guidance to entrepreneurs on obtaining capital from banks. It discusses how banks review loan requests and what information they require, including business and personal financial statements. It emphasizes the importance of being an "offensive borrower" by regularly reviewing financials and tax filings, and establishing banking relationships before needing funds. The document compares cash-based and accrual-based accounting and advises entrepreneurs to provide accrual-based financial statements when requesting loans.
This document provides an agenda and learning objectives for a workshop on managing cash flow for small businesses. The workshop will use a case study of a coffee shop owner, Bob, who is facing some cash flow issues. Attendees will learn about cash flow management tools like balance sheets, cash flow diagrams, and cash flow statements. They will then discuss strategies Bob could implement to improve his cash flow, such as increasing sales, negotiating better supplier deals, and reducing costs during slow periods. The document emphasizes the importance of cash flow management and seeking expert advice from accountants.
3 | Page
Crystal Messer
FIN 317
Table of Contents
1. Brief 2
i. Location 2
ii. Type of customers 2
iii. Competitors 2
2. Why this type of business interests you? 2
3. Why do you believe it would be successful 3
Cafe Grill
Brief
This business is from the food and beverage industry. Café grill would be a fast-food restaurant chain like Mc Donald, Burger King, KFC, and other fast-food restaurants. And the type of business I am planning to start would be a partnership as it doesn’t require paying income taxes as each partner would have to pay tax based on personal income and it would have increased pool of knowledge, capital, and expertise.
Location
The location of the business Warner Robins, Georgia, USA. Since this would be the best location as would be the best fit because people would love to try something new when coming to Mc Donald’s and most of the restaurants and because the area of your food business will affect about as much as the menu. If your restaurant is at an inappropriate spot, you won’t attract customers you will require so as to remain in business.
Type of customers
The type of customers of café grill would be fast food lovers such as youngsters(these are the people who would love to spend most of their pocket money with friends ) , children( because they don’t prefer homemade food every time) and office going people( who don’t have time to make food would prefer to drive-thru).
Competitors
The main competitors of café grill would be Mc Donald’s, KFC, Burger King, Subway, Dunkin Donuts, Pizza hut, Wendy’s and Taco Bell as they all are direct competitors of café grill as because they have an almost similar target market and also selling nearly similar food.
Why this type of business interests you?
As an entrepreneur, I love to do creative and innovative things and I have an interest in cooking and trying new recipes so it is the passion and creativity that lures me to open a restaurant. Not only this but I am also a sociable person so restaurant business falls into the hospitability category business so I love to meet new people (greeting customers and solving their problems). In Addition to this, I possess strong stamina for working long hours and solving uncertain problems.
Why do you believe it would be successful?
The reason behind taking restaurant business is that eatery business is one of the most beneficial business in view of its developing demand as nowadays people want to dine out more in comparison to cooking meal at home and as per market research more than twice a week people like to dine ...
Assignment Ethics in AccountingEffective financial reporting de.docxbraycarissa250
Assignment: Ethics in Accounting
Effective financial reporting depends on sound ethical behavior. Financial scandals in accounting and the businesses world have resulted in legislation to ensure adequate disclosures and honesty and integrity in financial reporting. A sound economy is contingent on truthful and reliable financial reporting.
Instructions:
· Read the following scenario.
· Answer the questions that follow. Your answers should result in a 3 page submission.
· Reference back to your textbook for guidance on how to think through the scenario.
· This course requires the use of new Strayer Writing Standards (SWS). The format is different from other Strayer University courses. Please take a moment to review the SWS documentation for details.
Scenario:
Imagine you are the assistant controller in charge of general ledger accounting at Linbarger Company. Your company has a large loan from an insurance company. The loan agreement requires that the company’s cash account balance be maintained at $200,000 or more, as reported monthly. At June 30, the cash balance is $80,000. You give this update to Lisa Infante, the financial vice president. Lisa is nervous and instructs you to keep the cash receipts book open for one additional day for purposes of the June 30 report to the insurance company. Lisa says, “If we don’t get that cash balance over $200,000, we’ll default on our loan agreement. They could close us down, put us all out of our jobs!” Lisa continues, “I talked to Oconto Distributors (one of Linbarger’s largest customers) this morning. They said they sent us a check for $150,000 yesterday. We should receive it tomorrow. If we include just that one check in our cash balance, we’ll be in the clear. It’s in the mail!”
Questions
1. What is the accounting problem that the Linbarger Company faces?
2. What are the ethical considerations in this case? Provide a rationale for why these are ethical considerations.
3. What are the negative impacts that can happen if you do not follow Lisa Infante’s instructions to wait one more day to post the balance?
4. Who will be negatively impacted if you do comply? Provide a rationale for why these individuals will be impacted.
5. What is one alternative that you could pursue in this scenario? Support your recommendations with the information you learned in this class.
Assignment:
Ethics
in
Accounting
Effective
financial
reporting
depends
on
sound
ethical
behavior
.
Financial
scandals
in
accounting
and
the
businesses
world
have
resulted
in
legislation
to
ensure
adequate
disclosures
and
honesty
and
integrity
in
financial
reporting.
A
sound
economy
is
cont
ingent
on
truthful
and
reliable
financial
reporting.
Instructions:
·
Read
the
following
scenario.
·
Answer
the
questions
that
follow.
Your
answers
should
result
in
a
3
page
submission.
·
Reference
back
to
your
textbook
for
guidance
on
how
to
think
through
the
sce ...
The document provides an overview of key concepts related to money and financial institutions. It discusses the characteristics and functions of money, the components of the US money supply (M1 and M2), and the role of the Federal Reserve in managing the money supply using tools like open market operations, reserve requirements, and the discount rate. It also describes the roles of various financial institutions like commercial banks, thrifts, credit unions, and non-depository institutions. Finally, it discusses the Federal Deposit Insurance Corporation (FDIC) and its role in insuring deposits in commercial banks and thrift institutions.
This document summarizes Fannie Mae's investor/analyst conference call on August 8, 2008. During the call, Fannie Mae reported a $2.3 billion loss for the second quarter, driven by $5.3 billion in credit-related expenses and a $3.7 billion addition to loan loss reserves. Housing market conditions continued to deteriorate in the second quarter and into July. Fannie Mae outlined additional actions to reduce risks and conserve capital, including reducing its common stock dividend, increasing mortgage pricing, and ceasing purchases of newly originated Alt-A loans by year-end due to their role in credit losses.
Assignment 2 Recipe for Success!Every individual approaches life .docxMerrileeDelvalle969
Assignment 2: Recipe for Success!
Every individual approaches life and situations differently. We all use communication as a means to express ourselves. However, communication is as much about listening as it is about talking. Communication is a mutual exchange.
Everyone has had a disagreement with someone in which the other person may respond with “You aren’t listening to me!” or “You don’t understand me!” The fact is, you are not validating the other person or are perceived as someone who is not providing validation. Validation can defuse a potentially explosive scenario.
Consider your personal experiences and communication skills.
What are the skills you use to communicate and how do they impact your interactions with others?
How do you plan to manage conflict communication?
Do you set a goal for the outcome you are seeking to achieve?
Do you consider your audience?
What point of view do you try to convey?
What is your message or argument in communication?
Have you ever applied the principles above? Have they worked for you? If not, what has worked for you?
Write your responses in two to three paragraphs
.
Assignment 2 Secure Intranet Portal LoginBackgroundYou are the.docxMerrileeDelvalle969
Assignment 2: Secure Intranet Portal Login
Background:
You are the security professional for a medium-sized manufacturing company. The organization would like to deploy a secure portal for in-house use only. The portal will be available from the company's intranet. The company is utilizing a Microsoft Internet Information Services (IIS) server to run the local intranet website. The portal will be created by in-house programming staff utilizing ASP.NET technology and scripting.
The management requires the login to be protected using Hypertext Transfer Protocol Secure (HTTPS). In addition, the management would like to use an integrated login so that users do not have to remember or create a separate username or password for this portal login. The company is using a Windows Server 2012 Active Directory infrastructure. All users logging on to the portal also have existing active directory user accounts. The company also has an in-house Windows Server that serves as a local certificate authority for other existing web applications and services.
Tasks:
Create a 4- to 5-page report that will be shared with the company's board of directors, providing guidance and recommendations on how to best secure the web portal. Your report should cover the following aspects:
Describe what Windows-integrated authentication is and how it could potentially be used to provide secure access control to the portal.
Describe the use of Windows security groups and explain how a connection to active directory could be performed using the existing technology (existing IIS server and Windows Server 2012 Active Directory).
Describe how Windows certificate services work. Recommend a solution that would utilize the in-house Windows certificate authority server to provide a certificate to the new portal.
Explain how users can connect and log on to the portal in a secure fashion using secured socket layer (SSL) or HTTPS to ensure that all login credentials and activities on the portal are secure and encrypted.
Ensure that you write in a clear, concise, and organized manner; demonstrate ethical scholarship in accurate representation and attribution of sources; and display accurate spelling, grammar, and punctuation.
Submission Details:
Create your report in a Microsoft Word document.
Save the document as M4_A2_Lastname_Firstname.doc.
By
Wednesday, June 14, 2017
, submit your document to the
M4 Assignment 2 Dropbox
.
Assignment 2 Grading Criteria
Maximum Points
Described what Windows-integrated authentication is and explained how it could potentially be used to provide secure access control to the portal.
20
Described the use of Windows security groups and how a connection to active directory could be performed using the existing technology (existing IIS server and Windows Server 2012 Active Directory).
20
Described how Windows certificate services work. Recommended a solution that would utilize the in-house Windows certificate authority server to provide a certificate to the ne.
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I think there were many factors that led to the financial crisis. .docxwilcockiris
I think there were many factors that led to the financial crisis. There were both moral and cognitive theories. In the moral failure the executives were caught up in maximizing their own profits instead of doing what was best for the company. They received incentives to give out loans that they should not have morally given out. The credit agencies were also a big factor in the crisis. The rating agencies were rating bonds AAA or AA when they did not make the standards of being AAA or AA. The people responsible for the crisis did not know what they were causing as an increase in housing ownership made people think there was a positive sign of the economy, when in reality it wasn't.
I believe everyone is a little responsible for the financial crisis. The greedy CEO's were looking to maximize their own salaries, Congress was loosening their loan requirements, credit agencies were not rating bonds at their appropriate rate, Fannie Mae and Freddie Mac lowered their standards to compete, and individual borrowers did not appropriately research their investments or know that they cannot afford all the loans they are getting.
I tnink the financial crisis was brought on by more of well-intentioned individuals than greed. I don't think people really understood the repercussions of their actions. Nobody thought the housing market, one of the most reliable systems would fail like it did. The underlying factor might have been greed as every mistake made was a step to the financial crisis.
“Ryan Thurston”
The credit crisis had many reasons for its cause, moral and cognitive. Morally there were executives that didn’t look at the best interest of the firms they worked for, but instead made decisions for their own salaries and benefits. Credit agencies also had a moral problem when it came to giving out their ratings. They were too generous in handing out AA and AAA ratings so that they get paid by the bond issuers. Cognitively, many people believed that everybody owning a home was a good thing and that the economy was doing great. Many executives and lawmakers believed the same thing.
There is no single person responsible for the credit crisis. But all the individuals and groups put together are to blame. Credit agencies giving risky risky ratings, uneducated borrowers, greedy CEO’s and other employees, and even Congress can be blamed for the crisis.
I don’t believe that we can blame just greed or ignorance for the actions that led to the crisis. It is both, but I do believe that it all started with just ignorance of what was being created. Then I think it developed into willful ignorance for most of the people involved with it, while others knew there was no way it would work in the long run and their greed let them continue it.
“Caleb Howard”
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Ashlie Barron is seeking a challenging job opportunity to develop her established administrative and leadership skills. She holds a Bachelor's degree in Human Resource Leadership and an Associate's degree in Administrative Office Management from Sullivan University. Barron has over 10 years of experience in banking and customer service roles, currently working as a Teller III at Kentucky Bank where she processes transactions, provides administrative support, and ensures quality customer service. She is proficient in Microsoft Office programs and has experience with accounting software and payroll systems. In her spare time, Barron volunteers as captain for her bank's Relay for Life fundraising team.
BCO114 ACCOUNTING I Task brief & rubrics Task Final Ass.docxjasoninnes20
BCO114 ACCOUNTING I Task brief & rubrics
Task: Final Assignment (40% of the Final grade)
You must answer all the questions in the proposed business case.
This task assesses the following learning outcomes:
• Critically understand the differences between the methods of valuation of the inventory
• Knowing how to properly elaborate an income statement and determine the ending inventory balance.
LAUNCH: WEEK 10 / DELIVERY: MAY 10th, 2020, 23:59HRS ON MOODLE
Submission file format: Excel document with all the answers, clearly identifying all steps, results, journals and including comments besides each answer.
BUSINESS CASE (100 points)
Jim has recently opened a dry fruits wholesale company dedicated to the sale of peanuts, almonds and pistachios.
During its first month of activity, the company has made the following transactions:
February 2: Purchase of Pistachios: [email protected]$/Kg $ 25.000
Purchase of Almonds: 4.000Kg @ 5$/Kg $ 20.000
Purchas of Peanuts: 6.000Kg @ 3$/ Kg $ 18.000
February 3: Purchase of Pistachios: [email protected]$/Kg $18.000
Purchase of Almonds: 2.000Kg @ 6$/Kg $ 12.000
Purchas of Peanuts: 2.000Kg @ 4$/ Kg $ 18.000
mailto:[email protected]$/Kg
mailto:[email protected]$/Kg
February 6: Sold to several clients:
Pistachios: [email protected] 20$/Kg $40.000
Almonds: 2.500Kg @ 11$/Kg $ 27.500
Peanuts: 3.000Kg @ 7$/ Kg $ 21.000
February 6: Sold to Fruits Lovers Inc.:
Pistachios: 500Kg @20$/Kg. $ 10.000
Almonds: 1.000Kg @ 11$/Kg $ 11.000
Peanuts: 1.500Kg @ 8$/ Kg $ 12.000
February 12 Purchase of Pistachios: [email protected]$/Kg $ 21.000
Purchase of almonds: 2.000Kg @ 8$/Kg $ 16.000
February 13: Sale of peanuts to Peanuts Lovers Inc.: 3.500Kg @8$/kg $ 28.000
February 14: Purchase of Peanuts 6.000 Kg @4$/Kg $24.000
February 19: Sold to several clients:
Pistachios: [email protected] 21$/Kg. $ 21.000
Almonds: 1.500Kg @ 13$/Kg $ 19.500
Peanuts: 3.000Kg @ 9$/ Kg $ 27.000
February 25: Purchased from various suppliers:
Pistachios: [email protected]$/Kg. $ 13.000
mailto:[email protected]$/Kg
mailto:[email protected]$/Kg
Almonds: 1.000Kg @ 9$/Kg $ 9.000
Peanuts: 1.000Kg @ 4$/ Kg $ 4.000
Besides these transactions, the company has had the following expenses:
Salaries: $3500
Electricity bill: $300
Renting of equipment: &800
Rent of warehouse and office: $1.500
Miscellaneous: $1.200
Jim’s accountant recommended that he should use the average cost method in order to determine the cost of the inventory sold but he is not sur e about the
consequences it nay have on his financial situation
Relying on your accounting knowledge, Jim asks you the following questions:
1: Why in your opinion did Jim’s accountant recommend the average cost method and what difference is there whit the three other methods? Explain the main
c ...
BCO114 ACCOUNTING I Task brief & rubrics Task Final Ass.docxgarnerangelika
BCO114 ACCOUNTING I Task brief & rubrics
Task: Final Assignment (40% of the Final grade)
You must answer all the questions in the proposed business case.
This task assesses the following learning outcomes:
• Critically understand the differences between the methods of valuation of the inventory
• Knowing how to properly elaborate an income statement and determine the ending inventory balance.
LAUNCH: WEEK 10 / DELIVERY: MAY 10th, 2020, 23:59HRS ON MOODLE
Submission file format: Excel document with all the answers, clearly identifying all steps, results, journals and including comments besides each answer.
BUSINESS CASE (100 points)
Jim has recently opened a dry fruits wholesale company dedicated to the sale of peanuts, almonds and pistachios.
During its first month of activity, the company has made the following transactions:
February 2: Purchase of Pistachios: [email protected]$/Kg $ 25.000
Purchase of Almonds: 4.000Kg @ 5$/Kg $ 20.000
Purchas of Peanuts: 6.000Kg @ 3$/ Kg $ 18.000
February 3: Purchase of Pistachios: [email protected]$/Kg $18.000
Purchase of Almonds: 2.000Kg @ 6$/Kg $ 12.000
Purchas of Peanuts: 2.000Kg @ 4$/ Kg $ 18.000
mailto:[email protected]$/Kg
mailto:[email protected]$/Kg
February 6: Sold to several clients:
Pistachios: [email protected] 20$/Kg $40.000
Almonds: 2.500Kg @ 11$/Kg $ 27.500
Peanuts: 3.000Kg @ 7$/ Kg $ 21.000
February 6: Sold to Fruits Lovers Inc.:
Pistachios: 500Kg @20$/Kg. $ 10.000
Almonds: 1.000Kg @ 11$/Kg $ 11.000
Peanuts: 1.500Kg @ 8$/ Kg $ 12.000
February 12 Purchase of Pistachios: [email protected]$/Kg $ 21.000
Purchase of almonds: 2.000Kg @ 8$/Kg $ 16.000
February 13: Sale of peanuts to Peanuts Lovers Inc.: 3.500Kg @8$/kg $ 28.000
February 14: Purchase of Peanuts 6.000 Kg @4$/Kg $24.000
February 19: Sold to several clients:
Pistachios: [email protected] 21$/Kg. $ 21.000
Almonds: 1.500Kg @ 13$/Kg $ 19.500
Peanuts: 3.000Kg @ 9$/ Kg $ 27.000
February 25: Purchased from various suppliers:
Pistachios: [email protected]$/Kg. $ 13.000
mailto:[email protected]$/Kg
mailto:[email protected]$/Kg
Almonds: 1.000Kg @ 9$/Kg $ 9.000
Peanuts: 1.000Kg @ 4$/ Kg $ 4.000
Besides these transactions, the company has had the following expenses:
Salaries: $3500
Electricity bill: $300
Renting of equipment: &800
Rent of warehouse and office: $1.500
Miscellaneous: $1.200
Jim’s accountant recommended that he should use the average cost method in order to determine the cost of the inventory sold but he is not sur e about the
consequences it nay have on his financial situation
Relying on your accounting knowledge, Jim asks you the following questions:
1: Why in your opinion did Jim’s accountant recommend the average cost method and what difference is there whit the three other methods? Explain the main
c.
This curriculum vitae summarizes Gavin Samuels' professional experience and qualifications. Some key points:
- Gavin holds a B.Com in Accountancy from WITS University and has over 20 years of post-articles experience in internal audit and accounting across various industries.
- He has worked in contract roles for several companies, most recently as an internal audit manager for Akanani Consulting from 2012-2013.
- Gavin also spent 12 years with Fedsure Financial Services Group and 2 years with Johnson Diversey in previous permanent roles.
- He is currently looking for a new permanent position utilizing his expertise in internal audit, accounting, and financial analysis.
Here are the steps to analyze and post a journal entry:
1. Analyze the journal entry to determine the accounts involved and whether each account increased or decreased.
2. Determine if each account is an asset, liability, equity, revenue or expense account based on the general ledger chart of accounts.
3. Translate increases in asset and expense accounts and decreases in liability, equity and revenue accounts into debits, and increases in liability, equity and revenue accounts and decreases in asset and expense accounts into credits.
4. Record the debits and credits in the appropriate general ledger accounts.
Posting
Question
LO 6
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· · Re WEEK ONE - DISCUSSION QUESTION # 2posted by DONALD DEN.docxLynellBull52
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Midterm Exam Fall 2015ACCT 612 – AuditingInstructionsAft.docxannandleola
Midterm Exam Fall 2015
ACCT 612 – Auditing
Instructions
After you have downloaded this document from the Midterm Exam Assignment, please save a copy of this document and rename it using your own name as the file name so that I can keep them separate on my machine (i.e., "Jim Peters Mid.doc").
Type all your answers in this document.
Once you have completed the exam, submit your completed Word files by attaching them to the Midterm assignment in LEO by midnight, November 1st. I will assess a 5% per day late penalty for late exams.
If you need clarification on the wording of any question on the exam, you can e-mail me or call me at the phone numbers listed in my contact information.
I will not accept direct quotes in your answers. If you use outside sources, you need to paraphrase the material in your own words.
I will deduct points for not following these instructions. For example, I will deduct points if you do not type your answers in this document and submit some other type of file; if you do not attached your file to the assignment; or if you do not rename your file as instructed above.
I have posted a spreadsheet file, which I refer to as a grading checklist, with this exam. That spreadsheet file shows you how I have allocated points to questions. When grading your exams, I will fill in a copy of this file for each student and return it with your graded exam. When I grade exams, I embed comments in the Word documents to explain why I am deducting points.
Course Policy on Collaboration and Individual Work
This exam is an individual assignment. You are not to discuss it with anyone other than myself. It is also open book and open note. However, it is not a research assignment and I want you to base your answers to the questions on the material I have included in the exam, the text for the course, and the materials I have handed out in class.
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.
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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 ...
This document provides information about the authors and publisher of the second edition of the textbook "Hospitality Financial Accounting". The textbook is authored by Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, and Agnes L. DeFranco. It is published by John Wiley & Sons, Inc. The preface discusses the organization and highlights of the second edition, including a new chapter on financial statement analysis, new ethics cases, and using PepsiCo as the example company for specimen financial statements.
The document provides guidance to entrepreneurs on obtaining capital from banks. It discusses how banks review loan requests and what information they require, including business and personal financial statements. It emphasizes the importance of being an "offensive borrower" by regularly reviewing financials and tax filings, and establishing banking relationships before needing funds. The document compares cash-based and accrual-based accounting and advises entrepreneurs to provide accrual-based financial statements when requesting loans.
This document provides an agenda and learning objectives for a workshop on managing cash flow for small businesses. The workshop will use a case study of a coffee shop owner, Bob, who is facing some cash flow issues. Attendees will learn about cash flow management tools like balance sheets, cash flow diagrams, and cash flow statements. They will then discuss strategies Bob could implement to improve his cash flow, such as increasing sales, negotiating better supplier deals, and reducing costs during slow periods. The document emphasizes the importance of cash flow management and seeking expert advice from accountants.
3 | Page
Crystal Messer
FIN 317
Table of Contents
1. Brief 2
i. Location 2
ii. Type of customers 2
iii. Competitors 2
2. Why this type of business interests you? 2
3. Why do you believe it would be successful 3
Cafe Grill
Brief
This business is from the food and beverage industry. Café grill would be a fast-food restaurant chain like Mc Donald, Burger King, KFC, and other fast-food restaurants. And the type of business I am planning to start would be a partnership as it doesn’t require paying income taxes as each partner would have to pay tax based on personal income and it would have increased pool of knowledge, capital, and expertise.
Location
The location of the business Warner Robins, Georgia, USA. Since this would be the best location as would be the best fit because people would love to try something new when coming to Mc Donald’s and most of the restaurants and because the area of your food business will affect about as much as the menu. If your restaurant is at an inappropriate spot, you won’t attract customers you will require so as to remain in business.
Type of customers
The type of customers of café grill would be fast food lovers such as youngsters(these are the people who would love to spend most of their pocket money with friends ) , children( because they don’t prefer homemade food every time) and office going people( who don’t have time to make food would prefer to drive-thru).
Competitors
The main competitors of café grill would be Mc Donald’s, KFC, Burger King, Subway, Dunkin Donuts, Pizza hut, Wendy’s and Taco Bell as they all are direct competitors of café grill as because they have an almost similar target market and also selling nearly similar food.
Why this type of business interests you?
As an entrepreneur, I love to do creative and innovative things and I have an interest in cooking and trying new recipes so it is the passion and creativity that lures me to open a restaurant. Not only this but I am also a sociable person so restaurant business falls into the hospitability category business so I love to meet new people (greeting customers and solving their problems). In Addition to this, I possess strong stamina for working long hours and solving uncertain problems.
Why do you believe it would be successful?
The reason behind taking restaurant business is that eatery business is one of the most beneficial business in view of its developing demand as nowadays people want to dine out more in comparison to cooking meal at home and as per market research more than twice a week people like to dine ...
Assignment Ethics in AccountingEffective financial reporting de.docxbraycarissa250
Assignment: Ethics in Accounting
Effective financial reporting depends on sound ethical behavior. Financial scandals in accounting and the businesses world have resulted in legislation to ensure adequate disclosures and honesty and integrity in financial reporting. A sound economy is contingent on truthful and reliable financial reporting.
Instructions:
· Read the following scenario.
· Answer the questions that follow. Your answers should result in a 3 page submission.
· Reference back to your textbook for guidance on how to think through the scenario.
· This course requires the use of new Strayer Writing Standards (SWS). The format is different from other Strayer University courses. Please take a moment to review the SWS documentation for details.
Scenario:
Imagine you are the assistant controller in charge of general ledger accounting at Linbarger Company. Your company has a large loan from an insurance company. The loan agreement requires that the company’s cash account balance be maintained at $200,000 or more, as reported monthly. At June 30, the cash balance is $80,000. You give this update to Lisa Infante, the financial vice president. Lisa is nervous and instructs you to keep the cash receipts book open for one additional day for purposes of the June 30 report to the insurance company. Lisa says, “If we don’t get that cash balance over $200,000, we’ll default on our loan agreement. They could close us down, put us all out of our jobs!” Lisa continues, “I talked to Oconto Distributors (one of Linbarger’s largest customers) this morning. They said they sent us a check for $150,000 yesterday. We should receive it tomorrow. If we include just that one check in our cash balance, we’ll be in the clear. It’s in the mail!”
Questions
1. What is the accounting problem that the Linbarger Company faces?
2. What are the ethical considerations in this case? Provide a rationale for why these are ethical considerations.
3. What are the negative impacts that can happen if you do not follow Lisa Infante’s instructions to wait one more day to post the balance?
4. Who will be negatively impacted if you do comply? Provide a rationale for why these individuals will be impacted.
5. What is one alternative that you could pursue in this scenario? Support your recommendations with the information you learned in this class.
Assignment:
Ethics
in
Accounting
Effective
financial
reporting
depends
on
sound
ethical
behavior
.
Financial
scandals
in
accounting
and
the
businesses
world
have
resulted
in
legislation
to
ensure
adequate
disclosures
and
honesty
and
integrity
in
financial
reporting.
A
sound
economy
is
cont
ingent
on
truthful
and
reliable
financial
reporting.
Instructions:
·
Read
the
following
scenario.
·
Answer
the
questions
that
follow.
Your
answers
should
result
in
a
3
page
submission.
·
Reference
back
to
your
textbook
for
guidance
on
how
to
think
through
the
sce ...
The document provides an overview of key concepts related to money and financial institutions. It discusses the characteristics and functions of money, the components of the US money supply (M1 and M2), and the role of the Federal Reserve in managing the money supply using tools like open market operations, reserve requirements, and the discount rate. It also describes the roles of various financial institutions like commercial banks, thrifts, credit unions, and non-depository institutions. Finally, it discusses the Federal Deposit Insurance Corporation (FDIC) and its role in insuring deposits in commercial banks and thrift institutions.
This document summarizes Fannie Mae's investor/analyst conference call on August 8, 2008. During the call, Fannie Mae reported a $2.3 billion loss for the second quarter, driven by $5.3 billion in credit-related expenses and a $3.7 billion addition to loan loss reserves. Housing market conditions continued to deteriorate in the second quarter and into July. Fannie Mae outlined additional actions to reduce risks and conserve capital, including reducing its common stock dividend, increasing mortgage pricing, and ceasing purchases of newly originated Alt-A loans by year-end due to their role in credit losses.
Similar to Gloria Tapes Critique Assignment DetailsTop of FormBottom of For (20)
Assignment 2 Recipe for Success!Every individual approaches life .docxMerrileeDelvalle969
Assignment 2: Recipe for Success!
Every individual approaches life and situations differently. We all use communication as a means to express ourselves. However, communication is as much about listening as it is about talking. Communication is a mutual exchange.
Everyone has had a disagreement with someone in which the other person may respond with “You aren’t listening to me!” or “You don’t understand me!” The fact is, you are not validating the other person or are perceived as someone who is not providing validation. Validation can defuse a potentially explosive scenario.
Consider your personal experiences and communication skills.
What are the skills you use to communicate and how do they impact your interactions with others?
How do you plan to manage conflict communication?
Do you set a goal for the outcome you are seeking to achieve?
Do you consider your audience?
What point of view do you try to convey?
What is your message or argument in communication?
Have you ever applied the principles above? Have they worked for you? If not, what has worked for you?
Write your responses in two to three paragraphs
.
Assignment 2 Secure Intranet Portal LoginBackgroundYou are the.docxMerrileeDelvalle969
Assignment 2: Secure Intranet Portal Login
Background:
You are the security professional for a medium-sized manufacturing company. The organization would like to deploy a secure portal for in-house use only. The portal will be available from the company's intranet. The company is utilizing a Microsoft Internet Information Services (IIS) server to run the local intranet website. The portal will be created by in-house programming staff utilizing ASP.NET technology and scripting.
The management requires the login to be protected using Hypertext Transfer Protocol Secure (HTTPS). In addition, the management would like to use an integrated login so that users do not have to remember or create a separate username or password for this portal login. The company is using a Windows Server 2012 Active Directory infrastructure. All users logging on to the portal also have existing active directory user accounts. The company also has an in-house Windows Server that serves as a local certificate authority for other existing web applications and services.
Tasks:
Create a 4- to 5-page report that will be shared with the company's board of directors, providing guidance and recommendations on how to best secure the web portal. Your report should cover the following aspects:
Describe what Windows-integrated authentication is and how it could potentially be used to provide secure access control to the portal.
Describe the use of Windows security groups and explain how a connection to active directory could be performed using the existing technology (existing IIS server and Windows Server 2012 Active Directory).
Describe how Windows certificate services work. Recommend a solution that would utilize the in-house Windows certificate authority server to provide a certificate to the new portal.
Explain how users can connect and log on to the portal in a secure fashion using secured socket layer (SSL) or HTTPS to ensure that all login credentials and activities on the portal are secure and encrypted.
Ensure that you write in a clear, concise, and organized manner; demonstrate ethical scholarship in accurate representation and attribution of sources; and display accurate spelling, grammar, and punctuation.
Submission Details:
Create your report in a Microsoft Word document.
Save the document as M4_A2_Lastname_Firstname.doc.
By
Wednesday, June 14, 2017
, submit your document to the
M4 Assignment 2 Dropbox
.
Assignment 2 Grading Criteria
Maximum Points
Described what Windows-integrated authentication is and explained how it could potentially be used to provide secure access control to the portal.
20
Described the use of Windows security groups and how a connection to active directory could be performed using the existing technology (existing IIS server and Windows Server 2012 Active Directory).
20
Described how Windows certificate services work. Recommended a solution that would utilize the in-house Windows certificate authority server to provide a certificate to the ne.
Assignment 2 Research proposal1)Introduce the issue a.docxMerrileeDelvalle969
Assignment 2: Research proposal
1)
Introduce the issue and then present it in question form.
2)
Explain briefly why you are interested in the issue (no need for details here since you have already discussed this in your personal experience paper)
3)
Describe what you already know about the issue. (its general context, history behind it, etc.)
4)
Explain what you need to learn to present an effective argument.
5)
Show your plans for conducting research about this topic.
read the attachment and wright two pages research proposal based on this steps above.
.
Assignment 2 Required Assignment 1—The FMLA in PracticeThe Family.docxMerrileeDelvalle969
Assignment 2: Required Assignment 1—The FMLA in Practice
The Family and Medical Leave Act (FMLA) was enacted in 1993 and entitles eligible employees of employers covered under it to take unpaid, job-protected leave for specific family and medical reasons. During this leave, group health insurance coverage continues under the same terms and conditions applicable if the employees had not taken leave.
You may access the latest rules covered under the FMLA at the following Web site:
U.S. Department of Labor. (n.d.)
Wage and Hour Division (WHD): Family Leave and Medical Act
. Retrieved from
http://www.dol.gov/whd/fmla/
In this assignment, you will analyze the FMLA policy of an organization to understand the policy's role and importance in employee management.
Tasks:
Click
here
to access and read a portion of the employee handbook of Widgets Inc. that outlines the company's FMLA policy statement. Analyze the handbook on the basis of FMLA guidelines. Identify a minimum of five errors or oversights that relate to the FMLA and list their solutions in a separate document.
In addition, in the same document, include answers to the following questions:
What are three alternative methods of calculating twelve weeks of leave within a twelve-month period? Which method do you believe is the best and why?
An employee should give as much notice as possible to his or her employer. The Department of Labor suggests a minimum notice of thirty days. What if an employee needs emergency FMLA leave? Is the employee still allowed to take FMLA leave, although he or she was unable to give the thirty-day notice?
What are the legal ramifications if the same position is not available to an employee on his or her returning from FMLA leave?
During an employee's FMLA leave, Widgets Inc. downsizes and closes the department in which the employee works. What will happen to the employee? What are the legal ramifications?
Submission Details:
Save your final document as M3_A2_Lastname_Firstname.doc and, by
Wednesday, February 1, 2017
, submit it to the
M3: Assignment 2 RA 1 Dropbox
.
Assignment 2 Grading Criteria
Maximum Points
Identified a minimum of five errors or oversights on the basis of the FMLA policy and suggested practical solutions for each.
56
Evaluated alternative methods of calculating twelve weeks of leave within a twelve-month period.
32
Explained the stand of the FMLA policy if an employee needs emergency FMLA leave without giving the thirty-day notice.
24
Explained the legal ramifications if the same position is not available to an employee on his or her returning from FMLA leave.
24
Explained the legal ramifications if a company downsizes and closes the department in which the employee works during the employee’s FMLA leave.
24
Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and attribution of sources; displayed accurate spelling, grammar, and punctuation.
40
Total:
200
WIDGETS FAMILY LEAVE HANDBOOK.
Assignment 2 Research ProjectThis assignment consists of two pa.docxMerrileeDelvalle969
Assignment 2: Research Project
This assignment consists of two parts. The first part consists of the third installment for the research paper and is worth 20 points out of the 200 points allotted for this assignment. The second part requires application of concepts learned in
Weeks 1–3
and is worth significantly more than previous assignments and more than the first part of the assignment.
Part I—Research Paper
This week, you will research laws or regulations related to the topic you selected. The information may require research of federal and/or state laws, as well as administrative agency laws. Compare the laws of two states, if applicable. For example, if you are writing about gender discrimination, compare the federal law with law from one of the states that also provides protection at the state level. State laws often provide more protection than the federal law. Summarize the information about the laws or regulations you found related to your topic.
Compile your response to Part I in a Microsoft Word document
Part II—Legal and Ethical Challenges in Business Organizations
Read the scenarios and the questions that follow. Identify the legal issue(s) and apply legal concepts and possible arguments for each question. After reading the scenarios, prepare a resolution for each question using laws, cases, examples, and/or other relevant materials. Consider using short headings (consult APA materials) to separate the topics. Summarize the facts; do not copy the scenarios into the paper. After you have answered the questions and before the conclusion, identify potential ethical issues and propose recommendations to help the organization avoid future occurrences of the legal and ethical issues discussed in the assignment. Support your answers with information from the textbook and at least five scholarly sources other than the text and course lectures.
Prepare an 8- to 12-page paper that identifies the legal issues and potential solutions and answers all questions presented, supported by relevant legal authority. Properly cite all sources using APA format. Do not exceed the page length by more than two pages, as the instructor is not required to read excess pages.
Compile your response to Part II in a Microsoft Word document
Overview
Famous Subs and Pizza Company (FSPC) is a publicly traded corporation headquartered in Tallahassee, Florida, operating restaurants in ten states. The company also owns a food processing and distribution facility in Jackson, Mississippi. Approximately 20% of the employees work full time; however, FSPC primarily hires part-time employees as delivery drivers, cooks, and sandwich makers. FSPC leases space for most of its restaurants in shopping centers, but the company owns a few of the properties, as well as its headquarters office and the distribution facility. The company has experienced explosive growth over the last three years, but the growth has been accompanied by an increase in legal issues. The CEO, C.
Assignment 2 Required Assignment 2—Implementation of Sustainability.docxMerrileeDelvalle969
Assignment 2: Required Assignment 2—Implementation of Sustainability in an Organization
All consumers and firms affect sustainability in different ways, either directly or indirectly. In practicing sustainability, a firm could create value for consumers, investors, and other stakeholders, such as the community in which the firm operates within its value chain. In addition, a firm engaging in good sustainable practices can fulfill the needs of its customers, earn a profit, and preserve the environment. This assignment will allow you, as a consumer, to explore how you can impact sustainability.
Tasks:
Propose a sustainability investment plan to improve the performance of your work group or organization or an organization you hope to work for. The investment can be made in human resources, in expansion of tangible or intangible assets toward new uses, or in capital equipment or new technology.
Analyze how the investment plan achieves the following:
Contributes to the mission of the company
Expands rewards for all major components of the value chain, which should include the company, employees, suppliers, and customers
Generates wealth or value and is sustainable over time
Evaluates and anticipates risks associated with the investment
Organize your work to create a 2- to 3-page professional memo in a Microsoft Word document outlining your investment plan to the director and an 8- to 10-slide Microsoft PowerPoint presentation script with complete endnotes explaining your recommendations to employees in your work group. Follow APA standards for citation of sources.
Submission Details:
.
Assignment 2: Required Assignment 1—Intercultural Employee Motivation and Rewards
Culture plays a major role in the motivation of employees. Consider that though you have a mix of ethnicities on your team, you also need to be aware of cultural differences including gender, generation, and other categories of human differences.
Write an 8–10-page report on employee motivation, including a recommendation for an employee reward system that will meet the needs of the variety of cultural groups you manage based on the following motivation factors:
Job security
Professional development
Job performance
Goal setting
Employee recognition
Compensation
Discuss employee motivation as it relates to culture, and consider how you might develop a reward system that recognizes diversity and is equitable and legally sound. Support your recommendations with scholarly references.
Write an 8–10-page report in Word format. Apply APA standards to citation of sources. Use the following file naming convention: LastnameFirstInitial_M3_A2.doc.
.
Assignment 2 Rape and PornographyA long-standing question in the .docxMerrileeDelvalle969
Assignment 2: Rape and Pornography
A long-standing question in the field of psychology concerns the relationship between exposure to sexually explicit material, pornography, and criminal behavior. One of the most significant issues focuses on the impact that pornography has on an individual’s propensity to commit rape.
Select
two
peer-reviewed journal articles to examine the correlation between rape and pornography.
Write a paper that includes the following:
Analyze the selected journal articles and identify any correlation between rape and pornography. Provide statistical information in support.
Synthesize your research and conclude, with reasons, whether pornography leads to sexual violence. If not, state the factors that contribute to sexual violence.
Analyze whether the regulation of pornography is warranted based on the evidence so far.
Give reasons for your responses. Support your statements with appropriate examples.
.
Assignment 2 Rape and Pornography Due Tuesday January 3rd, 2.docxMerrileeDelvalle969
The document provides instructions for an assignment to analyze the relationship between rape and pornography. Students are asked to select two peer-reviewed journal articles on the topic and write a 3-4 page paper that analyzes any correlation found in the research, synthesizes whether pornography leads to sexual violence or other factors contribute, and analyzes if regulation of pornography is warranted based on evidence.
Assignment 2 RA 2 Case ScenarioBackgroundThe defendant is a f.docxMerrileeDelvalle969
Assignment 2: RA 2: Case Scenario
Background:
The defendant is a forty-year-old, single, black female charged with a first-degree assault. Specifically, she is alleged to have splashed liquid fire, a liquid drain cleaner, onto another woman's face, thus incidentally splashing five bystanders. Per the court order you received, Ms. Tyler was referred some time after the alleged crime for evaluation of her criminal responsibility. Her competency to stand trial (CST) was also at issue. At the time of the evaluation, Ms. Tyler was being held at the Southern County Detention Center. You met with Ms. Tyler. The defendant was informed that the results of the evaluation will be released to the court and that the results may be used against her in the court. Ms. Tyler gave her written consent to be evaluated.
Psychosocial History:
Only limited information is available regarding Ms. Tyler's background. She is a lifetime resident of the state. Her mother died of cancer at the age of seventy-nine years. Her father, L. Defendant, is eighty-four years old and is a retired farmer. Ms. Tyler has five living sisters, four living brothers, and two deceased siblings. Three of her sisters have received inpatient psychiatric treatment. One sister lives in Close Town, one in Europe with her husband who is in the military, and one sister died in a drowning accident. One brother committed suicide by hanging himself. There is no history of psychiatric problems among the other brothers.
Ms. Tyler has completed the tenth grade. She is literate. Ms. Tyler has worked on an assembly line for five years until 1988 when the factory closed. She then did an office-cleaning job. Her reasons for leaving this position are vague. She was unemployed for several years and was supported by her family. She lives in rent-free government housing. Her church pastor, A. Reverend, arranged for her to get employment at Helpful Industries through a vocational office at the State Psychiatric Hospital. She was employed at Helpful Industries for approximately two months prior to the incident. Ms. Tyler has never married. She has a thirteen-year-old son who lives with his father.
Psychiatric History:
Ms. Tyler denies any previous psychiatric treatment. Family members and individuals who know Ms. Tyler state that she has a long history of psychiatric symptoms such as loose associations and persecutory delusions. Ms. Tyler's sister, Ms. Sister, reports that Ms. Tyler has been violent in the past, threatening her niece with a knife. Her emotional difficulties were also apparently common knowledge among her congregation. As stated above, Ms. Tyler has a positive family history for psychiatric illness. Ms. Tyler is currently on haloperidol, an antipsychotic medication.
Ms. Tyler denies any alcohol or substance abuse. She states that she has one previous arrest for prostitution in 1975. She spent six months in jail for this offense.
Report of the Crime:
When asked to report what happened, Ms. Tyler st.
Assignment 2 RA 2 Characteristics of Effective Treatment Programs.docxMerrileeDelvalle969
Assignment 2: RA 2: Characteristics of Effective Treatment Programs
Several types of intervention and treatment approaches have been presented in your course textbook. In addition, evidence-based treatment programs are presented on the recommended government website,
http://www.crimesolutions.gov/
. The Office of Justice Programs' Crime
Solution
s.gov uses rigorous research to determine what works in criminal justice, juvenile justice, and crime victim services. On Crime
.
Assignment 2 Pay Increase Demands of EmployeesYou are an HR manag.docxMerrileeDelvalle969
Assignment 2: Pay Increase Demands of Employees
You are an HR manager with Spring Valley Laboratories. The organization pays its employees according to specific pay grades and ranges but maintains secrecy surrounding the specific numbers.
Nancy Lopez, a highly skilled medical technician, discovers that a male employee whose qualifications, experience, and job profile are similar to Nancy's is getting a considerably better package than she. Nancy serves a notice to the executive director, John Morrison, and threatens to resign if the organization does not grant her an immediate pay increase.
John does not want to lose Nancy because she is a skilled employee who has performed well in her eight-month career with the organization. John writes you an e-mail and seeks your advice on the case. You check Nancy's employment records and find that Nancy was given the compensation package that she had asked for during her final interview. You also find that Nancy's package is toward the lower limit of the pay range applicable for her job position. Nancy's salary is due for review after four months.
Based on this information frame your response to John. The response should answer the following:
Is Nancy's case a situation where a pay increase is called for? Why or why not? Justify your response with facts.
Is Nancy's case eligible as a pay inequity grievance? Why or why not? Explain.
How should Spring Valley Laboratories handle the situation? Provide John with a detailed plan of how the situation should be handled.
What impact would granting or not granting Nancy an immediate pay increase have on other employees? Why?
Articulate your response to John's e-mail. Your response should be in e-mail format and approximately two pages in MSWord. Use structured text (bolding, headings, bulleted lists, tables/charts) where appropriate to improve communicating your points. Send your email response to the
M4: Assignment 2 Dropbox
by
Wednesday, April 19, 2017
. Ensure that the tone of your response is formal and appropriate for the audience and use references to support your response.
.
Assignment 2 Policy and Client Impact DevelopmentFor this assig.docxMerrileeDelvalle969
Assignment 2: Policy and Client Impact Development
For this assignment
, you are expected to identify a sub-population within the field agency, then research and discuss with your field coordinator the state
(Idaho)
and federal policies that may impact the identified clients. Finally, discuss if there is a possibility for you to advocate on behalf of those clients.
The Assignment, submit a 2-3 page paper in which you:
o
Identify the subpopulation (Sexual Assault Victims)
o
Identify State and federal policies and discuss their impact on the clients identified
o
Provide suggestions for the agency
o
Discuss possibilities to advocate for the clients
References (use 3 or more)
Garthwait, C. L. (2017).
The social work practicum: A guide and workbook for students
(7th ed.). Upper Saddle River, NJ: Pearson.
.
Assignment 2 Public Health Administration Modern medical an.docxMerrileeDelvalle969
Assignment 2:
Public Health Administration
Modern medical and public health education was defined by two early 20
th
Century landmark documents: the
Flexner Report
and the
Welch-Rose Report
. These created two parallel and sometimes divergent systems. Review this 2008
NPR interview
about the Flexner Report and Pages 49-55 of the
Welch-Rose Report
. Then, expand your research to how (and if) medical care and public health intersect. Are they mutually supportive or do they operate in silos? Is there room for improvement?
Submit your critical analysis in a 4-5 page paper (not including your title page and references) with appropriate supporting references
.
Assignment 2 Nuclear MedicineNuclear medicine is a specialized br.docxMerrileeDelvalle969
Assignment 2: Nuclear Medicine
Nuclear medicine is a specialized branch of modern medicine that exploits the process of radioactivity for imaging, diagnosis, and treatment. Many imaging techniques inject small amounts of radioactive material into the body, which are then tracked by a sensing device specific to the type of radiation emitted from that material. Radiation has also been used to destroy diseased tissue, typically beyond the reach of standard surgical techniques.
Using the readings for this module, the Argosy University online library resources, and the Internet, write a paper on nuclear medicine. Address the following:
Explain the scientific and technical concepts related to nuclear medicine. Consider the following questions when you construct your response:
What type of radiation is typically exploited in most nuclear medicine procedures?
How are patients prepared for nuclear medicine procedures?
What are the advantages and limitations of nuclear medicine?
What ailments are typically diagnosed and treated via nuclear medicine procedures?
Evaluate a minimum of three applications of nuclear medicine relating to any of the following topics:
Positron Emission Tomography (PET) scans
Gallium scans
Indium white blood cell scans
Iobenguane scans (MIBG)
Octreotide scans
Hybrid scanning techniques employing X-ray computed tomography (CT) or magnetic resonance imaging (MRI)
Nuclear medicine therapy using radiopharmaceuticals
Support your statements with examples. Provide a minimum of three scholarly references.
Write a 2–3-page paper in Word format. Apply APA standards to citation of sources. Use the following file naming convention: LastnameFirstInitial_M4_A2.doc.
By
Wednesday, April 19, 2017
, deliver your assignment to the
M4: Assignment 2 Dropbox
.
Assignment 2 Grading Criteria
Maximum Points
Demonstrated an understanding of the basic scientific and technical concepts of nuclear medicine.
28
Evaluated current or future applications of nuclear medicine with three real-world examples.
32
Provided at least three reliable references to support examples of current and future nuclear medicine applications.
20
Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and attribution of sources; displayed accurate spelling, grammar, and punctuation.
20
Total:
.
Assignment 2 RA 1 Human Service Needs Assessment ReportOver the .docxMerrileeDelvalle969
Assignment 2: RA 1: Human Service Needs Assessment Report
Over the past two decades, the terms "accountability" and "program evaluation" have become the focus within the human services arena. Due to budgetary constraints and decrease in availability of public funding, the competition for scarce resources has increased. This increased competition has subjected human services agencies to an intense examination where requests for resources are scrutinized carefully.
The first step to conducting a program evaluation is to conduct a
needs assessment
to determine and justify the reason for carrying out the evaluation of a particular program. A need can be defined as the gap between what is and what should be and can be experienced by an individual, a group, or an entire community.
Tasks:
Using at least 3–5 scholarly resources from the professional literature, research human service needs assessment. The literature may include the Argosy University online library resources, relevant textbooks, peer-reviewed journal articles, and websites created by professional organizations, agencies, or institutions (.edu, .org, or .gov).
Create a 7- to 9-page report in a Microsoft Word document, including the following:
Identify a program at a social agency or other human services program to which you have access and provide a description of the organizational context including the mission and objectives of the program and why an evaluation is being considered.
Conduct a
needs assessment
using concepts presented previously to confirm and explain the scope of the problem, the perceived versus actual gap in service, the affected population, whether the need is changing, and in what manner the need may be changing.
Identify possible resources to meet the perceived needs. Discuss what existing resources can be used, what additional information would be needed, and what sources for obtaining data you would use.
Identify the stakeholders who need to be included in the assessment and subsequent evaluation.
Analyze the interpersonal, political, and ethical considerations of interacting with decision makers and stakeholders who may have conflicting priorities and determine strategies for reconciling those priorities.
.
Assignment 2 Music Analysis 3 pages pleasePURPOSE The purp.docxMerrileeDelvalle969
Assignment 2: Music Analysis 3 pages please
PURPOSE:
The purpose of this assignment is to use content analysis to critically analyze how one social issue/problem is discussed and represented in popular culture through music lyrics.
BACKGROUND:
There are many agents of popular culture though which the messages, themes and symbols of popular culture are produced and consumed. Media is a key agent of popular culture, and within it music is one mode for the production and consumption of popular culture. The music of the 1960s marked a key period of transition in the United States as themes of social problems and dissidence started to fill the radio waves. This assignment will allow you to explore one social issue or problem in music today.
See below (NOTE THAT THERE ARE TWO OPTIONS: OPTION 1 AND OPTION 2) for a detailed assignment description.
Option 1 Instructions:
1) Choose one social issue or social problem (i.e. drugs, the environment, war, teenage pregnancy, hate crimes, etc.).
2) Find at least 5 songs with lyrics that address your chosen social issue/problem. You will need to cite these songs using proper APA formatting (see below).
3) Analyze the songs for similarities and differences in how they address the social issue/problem. You may:
- look for themes within and among the songs (i.e. songs about war that talk about ‘ending war’
- consider the year the songs were copyrighted
- consider the genre the song fits in
- is the song directed at a particular audience? (think socio-demographic characteristics: age, race/ethnicity, gender, socio-economic status (SES), and sexuality)
- what type of vocabulary, words, grammar, euphemisms, vernacular is used for the lyrics?
- Consider the actual production of the song as well: tempo, emotion, male/female singer, individual singer/band, etc.
4) Find at least two sources that address music and your social problem (i.e. the sources are providing similar analysis or commentary on how your social problem is addressed through music). These may be popular sources (i.e. magazine articles or websites), but Wikipedia is not acceptable.
5) Find at least one peer-reviewed article (see attached Finding Peer Reviewed Journals guidelines) that discusses your social issue problem and how it is portrayed by the media (ideally this would be focused on your social issue and problem, but this may be difficult to find – so an article on TV, radio, internet, movies is OK).
6) Write-up your paper
a) Cover Page
b) Clearly identify your chosen social issue/problem.
a. Why are you interested in studying this?
c) Write-up your analysis of how this social issue/problem is addressed in the 5 songs you chose
a.
NOTE:
this is the majority of your paper. It is a ‘comparative critical’ analysis of how your chosen social issue/problem is addressed in these songs. It is NOT a summary of each song, and it should not include cutting and pastin.
Assignment 2 Methods of InquiryThe principle methods of inquiry.docxMerrileeDelvalle969
Assignment 2:
Methods of Inquiry
The principle methods of inquiry are divided into two broad, distinct categories: those that reconstruct the past and those that discover or create new knowledge. Based on your reading answer the following questions:
What are methods of inquiry and how are they used in criminal investigation?
Describe the steps to reconstruct a case and use an example to illustrate the concepts.
Describe how reconstructing a crime scene can aid in understanding the fundamentals of criminal investigations. Keep in mind the fundamentals are identifying witnesses, offenders, connecting evidence from the scene to the offender and victim, and but not limited to apprehending the offender(s).
Requirements
APA format and Style
5 pages, include Title and Reference page
1 resource, can include textbook
Standard American English Grammar, sustained point of view throughout the writing
.
Assignment 2 Legislator Communication Friday 01072 Tasks.docxMerrileeDelvalle969
Assignment 2: Legislator Communication Friday 01/07
2
Tasks:
This written assignment requires the student to investigate his/her local, state and federal legislators and explore their assigned committees and legislative commitments. The student is expected to investigate current and actual legislative initiatives that have either passed or pending approval by the house, senate or Governor’s office. The student will draft a letter to a specific legislator and offer support or constructive argument against pending policy or legislation. The letter must be supported with a minimum of 3 evidence based primary citations.
My state is Florida
.
Assignment 2 Last MileThe last mile is a term that is used to e.docxMerrileeDelvalle969
Assignment 2: Last Mile
The "last mile" is a term that is used to explain how the end user ultimately connects to a network. Regardless of which Internet service provider (ISP) a business or an individual uses, a network's connectivity, signal, noise ratios, and other network components are often determined by the last mile provider. Usually, there is only one, which makes it nearly impossible to have any form of true redundancy. It is an important element to understand while you study networking.
In this assignment, you will research and study the concept of the last mile and T1 communications.
Tasks:
Develop a 4- to 5-page paper and address the following:
Evaluate the last mile connection in terms of a link that is used between an end user and an ISP.
Explain the last mile link options that are typically available to most end users (such as cable and digital subscriber line [DSL] services). Keep in mind that these options are usually missing in small rural communities.
Identify two to three of the more common connections and summarize their associated data rates, typical uses, and approximate costs. Obtain the exact cost information from at least one of the service providers.
Examine the role that T1 communications lines play in long-distance communications in conjunction with repeaters.
Compare different carriers used by service providers (such as a telecommunication company versus a cable service provider). Also, differentiate the types of equipment used as carriers by these service providers.
Note
: Your paper should utilize at least three scholarly or professional sources (beyond your textbook). Your paper should be written in a clear, concise, and organized manner; demonstrate ethical scholarship in accurate representation and attribution of sources (i.e., in APA format); and display accurate spelling, grammar, and punctuation.
Submission Details:
By
Wednesday, March 1, 2017
, save your paper as M4_A2_Lastname_Firstname.doc and submit it to the
M4 Assignment 2 Dropbox
.
Assignment 2 Grading Criteria
Maximum Points
Evaluated the last mile connection.
20
Explained the last mile link options that are typically available to most end users.
20
Identified two to three of the more common connections and summarized their associated data rates, typical uses, and approximate costs.
20
Examined the role that T1 communications lines play in long-distance communications in conjunction with repeaters.
12
Compared different carriers used by service providers.
8
Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and attribution of sources; displayed accurate spelling, grammar, and punctuation.
20
Total:
100
.
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.
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.
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Gloria Tapes Critique Assignment DetailsTop of FormBottom of For
1. Gloria Tapes Critique Assignment DetailsTop of Form
Bottom of Form
Gloria Tapes Critique Assignment
GLORIA TAPES CRITIQUE
View the following three videos:
Gloria and Fitz Perls
Gloria and Albert Ellis
Gloria and Carl Rogers
It is a good idea to take notes as you watch the videos.
You are to review and critique each therapeutic technique as
well as compare/contrast techniques. Integrate terminology and
concepts from the weekly readings. Describe therapeutic
listening techniques used, techniques used to increase client
participation, techniques that demonstrate empathy, mindfulness
techniques, stages of change, etc.
Address the following questions. Which therapist encourages
rapport? Who connects with Gloria? Who promotes change?
Who exhibits mindful awareness? Delve deep...this is not
simply a summary of each style, though that will be part of the
assignment. What do you notice regarding verbal and nonverbal
communication of the therapist? What techniques does each
therapist use or fail to use to encourage dialog and building of
the therapeutic relationship? Use specific examples from the
videos to support your comments.
Which approach matches your style? What about ethical issues?
What appear to be the "common factors" among these three
approaches?
A thorough critique will range from 6-10 pages. Be sure to have
an introduction to your paper and a conclusion. Use APA style.
10 pts-Writing Style/Organization
15 pts-Overview of sessions
15 pts-Compare/contrast/Evaluation
10 pts-Effective integration of course readings Be creative!
2. Submission Instructions:
· Save the paper as: fname_lname_critique.doc (i.e.,
John_Smith_Critique.doc).
· Access the
Assignments link, located on the Course Menu and
upload the paper as an
attachment to the
Gloria Tapes Critique drop box.
Table 1 – Information for Preparation of Net Worth Analysis
Journal of Legal Issues and Cases in Business, Volume 3 –
January, 2015
Item
Year 1
Year 2
Year 3
Addition to residence
$0
$0
$125,000
Annual federal tax payments
$0
$6,000
$6,000
Annual life insurance premiums
$0
$4,800
$4,800
3. Annual living expenses
$20,000
$20,000
$22,000
Annual salary
$35,000
$35,000
$35000
Automobile
$20,000
$20,000
$20,000
Automobile loan payable as of yearend
$10,000
$0
$0
Cash balances as of yearend
$6,000
$12,000
$25,000
Certificates of deposit as of yearend
$50,000
$50,000
$50,000
Diamond ring and other jewelry
$0
$0
$30,000
Investments in stocks and bonds as of yearend
$30,000
$30,000
$30,000
Mortgage balance as of yearend
$90,000
$50,000
$0
4. Other annual income
$25,000
$5,000
$62,000
Residence
$100,000
$100,000
$100,000
Second automobile
$0
$0
$50,000
Table 2 – Elements of Fraud Plus Inquiry Method
Theft Investigative Methods
1. Surveillance and covert operations
2. Invigilation
3. Seizing and searching computers
4. Physical evidence
Concealment Investigative Methods
1. Documentation evidence
2. Audits
3. Electronic searches
4. Physical asset counts
Conversion Investigative Methods
1. Searching public records
5. 2. Online resources
3. The net worth method
Plus Inquiry Investigative Methods
1. Interviews and interrogation
2. Honesty testing
(Adapted from Albrecht et al. 2012, 211)
6. image1.jpeg
image2.jpeg
Journal of Legal Issues and Cases in Business, Volume 3 –
January, 2015
Howie’s Café Caper:
A case study in employee embezzlement and forensic
accounting
Shondra Johnson
Bradley University
Gail Petravick
Bradley University
Simon Petravick
Bradley University
ABSTRACT
This case is based on the actual prosecution and conviction of
an employee for embezzlement. She was sentenced to four years
of imprisonment, and her conviction was upheld on appeal.
Students are given background information about the
embezzlement and 14 findings of fact, which were taken from
the actual court case. They use this information to examine how
the Defendant committed the crime applying forensic
accounting techniques, while developing analytical skills of
nonfinancial factors. Upon completion of this case, students
7. will have evaluated the way in which internal controls are
applied in a retail establishment using the COSO framework as
a guide for their analysis. Ultimately, students gain the
understanding of how the lack of controls could allow the
opportunity to perpetrate fraud. Furthermore, students prepare a
net worth analysis to show the existence of income from
unknown sources before showing how the Defendant had intent
to commit the fraud. Students conclude the case by converting
their forensic accounting analysis into a detailed explanation of
how the facts support the required legal elements of
embezzlement.
Keywords: COSO, Embezzlement, Forensic accounting, Fraud
investigation, Net worth analysis, Skimming
8. Howie’s Café Caper, Page 1
Journal of Legal Issues and Cases in Business, Volume 3 –
January, 2015
BACKGROUND FACTS
Becky McGill worked as the assistant manager of Howie’s Cafe
in Fort Lauderdale, Florida. The Café has a general manager and
16 part-time employees. Howie’s Café provides breakfast and
lunch Monday through Friday. Lunch generates the majority of
sales, and most sales are a result of walk in customers. While
patrons typically walk in, some catering business exists. Becky
has served as assistant manager at Howie’s Cafe for Mr.
Howard, the owner and founder of the cafe, for more than eight
years. Her total employment at Howie’s spans nearly 18 years.
Becky has two teenage children. The oldest one plans to attend
college in the near future. Also, Becky’s husband recently lost
his manufacturing job due to outsourcing. When Becky became
the assistant manager, Mr. Howard placed his trust in her by
giving her keys, which allowed her to come in early or stay late.
Becky was responsible for all operations. The following
explains her duties specifically related to sales:
· Preparing the cash bank for the cash register
· Closing out the register, counting cash receipts, and preparing
the daily cash report
· Correcting errors and making adjustments
· Making the bank deposits, receiving the bank statement, and
reconciling the bank account
· Preparing employee time cards
9. In June, Year 1, Mr. Howard was diagnosed with cancer. His
condition weakened in Year 2 and he was unable to go to the
cafe every day. Because Mr. Howard trusted Becky so much, he
looked to her to oversee much of the day to day tasks at the cafe
and to fax him the daily cash sales reports. Mr. Howard did not
receive any other income, expense, or financial statements.
The sales report was based on information pulled from a Z tape,
a paper report printed by a cash register. See Figure 1
(Appendix) for an example of a Z tape.
The kind of register operated by Howie’s Cafe allowed the
printing of a Z tape only when the manager or assistant manager
used a special key. Typically, a business will attach a Z tape to
the daily cash report as support for amounts collected. The Z
total, or accumulated total amount of sales for the register, is
printed at the bottom of the Z tape. The Z total may only be
reset to zero by the manufacturer of the register. The Z tape also
provides a subtotal of daily sales by category and by payment
method.
Shortly after Mr. Howard’s illness worsened in Year 2, the
County began a major highway construction project on the road
in front of the cafe. Customers could always access the cafe
despite the construction. The ongoing road construction,
however, made it very difficult for some customers to drive to
the cafe.
In September of Year 3, Mr. Howard passed away. Mr.
Howard’s daughter, Sue, a food and beverage manager for a
hotel in Florida, inherited the cafe. It took Sue six weeks after
her father’s death before she could focus on the needs of the
cafe. Her first task was to review the financial records, s o she
asked Becky to mail her the daily cash reports, bank deposits
slips and bank statements for the previous six months. Sue
10. quickly realized that for the better part of Year 3 the cafe was
operating at a loss. Sue questioned Becky about the large losses ,
and Becky replied that business was down significantly due to
the road construction. Sue knew this did not sound right because
most of the customers actually walked to the cafe from the
neighboring office buildings.
Howie’s Café Caper, Page 2
Journal of Legal Issues and Cases in Business, Volume 3 –
January, 2015
Sue began reviewing the cafe’s bank account information for
Year 3 and noticed that the bank deposits for the last few
months did not include the expected level of cash.
Sue hired a new general manager and told Becky that she would
be reassigned to work as part of the serving staff. This means
that Becky would not be an assistant manager and would no
longer have responsibility for any of the operations. Becky
could continue working as a cashier on an as-needed basis.
Sue called her father’s accountant to discuss these findings and
he told her to call the Economics Crime Division of the
Sheriff’s Office and together they would conduct an
investigation. The detectives in the Economics Crime Division
issued a subpoena for Becky McGill’s personal bank account
records, credit card records and other records. Together they
summarized the information which would allow for the
preparation of a net worth analysis. This information is shown
11. in detail in Table 1 (Appendix).
The accountant’s analysis revealed that over a nine month
period in Year 3 Becky made 107 cash deposits with many of
the deposits being in the range of $9,750.00 to $9,999.00. When
Becky was questioned why she had so many large cash deposits,
she said that she was a part-time professional gambler and
played the slot machines at the casino every weekend. Becky
told the accountant that she had big wins in early Year 3,
including a $20,000 video poker payoff, and that she gambled
on her winnings and earned income thereafter.
ACCOUNTANT’S FINDINGS OF FACT
Sue and her accountant met with the detectives and presented
their findings which are stated below and are collectively
known as the Accountant’s Finding of Facts.
Facts determined by the Accountant
1. Accountant stated that Defendant’s daily cash sales reports
consistently matched to the penny the amount of cash she
deposited, a rare occurrence in retail cash sales.
2. The accountant stated that two “Z” tapes were run on the cash
register and that one Z tape was always missing and not turned
in with the daily cash report. The business only used one cash
register
3. The accountant also stated that the Z tapes submitted with the
Defendant’s daily cash report were precisely cut just before the
cumulative total sales (NRGT), and only provided the sales
figures by categories and payment methods. He noticed
cumulative total sales were missing from the Z tapes. The
change in cumulative total sales between two complete Z tapes
provides the amount of receipts that should have been
deposited. The accountant noted that the total sales (TS)
provided on intermediate Z tapes did not equal the difference
12. between the two cumulative total sales referred to above. See
the forensic analysis on the example Z tape in Figure 1.
4. The accountant opined that his physical examination of the Z
tapes suggested a logical cutting point to conceal the fraud
scheme would be above the cumulative total sales and just
below net sales.
5. The accountant demonstrated how overcharges could allow
someone to take cash from the cafe and not reflect poorly on the
cafe’s revenue. For instance, a customer is charged $5 for a
sandwich that is normally sold for $4. The sandwich would be
recorded in the register at $4,
Howie’s Café Caper, Page 3
Journal of Legal Issues and Cases in Business, Volume 3 –
January, 2015
but $5 would be collected from the customer. This type of fraud
scheme is known as sales skimming.
6. Accountant opined that the cafe suffered a cash shortage of
approximately $250,000 between Jan. 1 and Sept. 21 of Year 3.
Facts Provided by Surveillance Investigator of Chip and Deal
Casino
7. The casino investigator stated that Defendant held a “player’s
club card” - obtained voluntarily by the patron; it tracks the
patron’s casino activity and provides rewards or cash back
13. based on number of points accumulated.
8. Printed coin-in reports show patron’s “coin-in” on slot
machines. (“Coin-in” is the combination of actual cash put into
slots and credits accumulated by winning.)
Investigator reviewed copies of Defendant’s coin in reports
from the date she began using her “player’s club card” and
copies of pay-out documentation for Years 2 through 4. The
coin-in report does not give a breakdown of how much is actual
cash and how much are actual credits accumulated by winning.
Investigator stated that the report on Defendant’s card showed
increased activity in Year 2 and Year 3. Defendant’s “Coin-in
Report” shows in excess of $1.7 million in a combination of
actual cash and reward credits for Year 3. Defendant converted
her winning credits into cash. Casino payouts were made in cash
for amounts less than $1,000 and by check for amounts in
excess of $1,000.
9. Defendant’s winnings in Year 3 as she reported to the IRS
were approximately $135,000. Defendant did not report any
losses.
Facts Provided by Employees
10. The general manager stated that she told the Defendant to
stop running two Z tapes on the cash register. The general
manager stated that reported cash sales from the cash register
doubled when two Z tapes were not run.
11. The accountant stated that the Defendant told him she ran a
Z tape from the cash register each day to determine what food
items sold and what she needed to order. General manager
stated that Defendant was not the person who did the ordering
of food. Another employee ordered food and stated that she did
not use the Z tapes in determining how much and what food to
order.
14. 12. At work, the Defendant was observed exchanging higher
denomination bills in the cash register with gambling winnings
from her purse, so that cafe workers would not have to get
change from the bank.
13. Defendant’s gambling activity increased in Year 2 and Year
3, but her earned income remained at $35,000.
Information Provided by the Defendant
14. Defendant stated that she cut the Z tapes for a study which
was being conducted to cuts costs and waste in the cafe. After
the study was done, Defendant admitted that she continued to
cut the bottom off the Z tape to track inventory. She did not
explain how the bottom half of the
Howie’s Café Caper, Page 4
Journal of Legal Issues and Cases in Business, Volume 3 –
January, 2015
tapes had been removed just above the grand total amount or
how the grand total amount was necessary for the study or for
her ordering purposes.
CHARGES AGAINST BECKY
After reviewing the information from Sue and her accountant,
coupled with their own investigation, the detectives arrested
15. Becky McGill and charged her with embezzlement of $250,000,
as well as other charges. Furthermore, the detectives contacted
the Criminal Investigation Division of the IRS and requested
them to begin an Income Tax Evasion case on Becky McGill.
The District Attorney needs assistance in developing an
understanding of embezzlement. He feels that it may be too hard
for the jury to grasp. He feels if the jury does not fully
understand the count of embezzlement they may find her not
guilty on all the other counts. The District Attorney engages
you as a consulting expert accountant. Your task is to analyze
the elements of embezzlement, and identify the facts that
support the allegation, based on the investigation conducted by
Sue’s accountant and the detectives.
CASE QUESTIONS
PART ONE.The purpose of this question is to examine why
Becky committed fraud. The Fraud Triangle and the COSO
Internal Control – Integrated Framework provide a useful way
to analyze the facts.
a. Explain what perceived pressure(s) Becky may have faced.
How might Becky rationalize her fraudulent actions?
b. Describe what factors in Howie’s Café system of internal
control led to and facilitated Becky’s manipulation of the Z
tapes and the theft. In your answer, fully define each of the five
components included in the COSO Internal Control – Integrated
Framework. The Framework, as updated in 2013, helps
organizations design potentially effective internal controls.
Relate your explanations back to the framework’s five
components.
c. What could Howie’s Cafe have done differentl y to detect this
fraud earlier or prevent it from happening?
16. PART 2.The purpose of this question is to demonstrate how a
net worth analysis, a technique used by both the IRS and the
Department of Justice, can show that there is income from
unknown sources.
a. Using the information in Table 1, prepare a net worth
analysis using the indirect approach to calculate Becky’s
income from unknown sources for years 2 and 3.
b. Provide a narrative explanation of how it will help prove
embezzlement. Explain how Becky will attempt to refute these
arguments.
PART 3.The purpose of this question is to explain how the fraud
occurred. The “elements of fraud plus inquiry” model of fraud
investigation as indicated in Table 2 (Appendix), provides one
way to describe how a fraud occurs: theft, concealment and
conversion.
Howie’s Café Caper, Page 5
Journal of Legal Issues and Cases in Business, Volume 3 –
January, 2015
a. Categorize each of the 14 “Findings of Fact” as “theft”,
“concealment” or “conversion”. If a finding fits into more than
one category, so indicate. If a finding does not fit into any
category, indicate “NA”. You may also include any of the
17. Background Facts that help you detect where and when the
fraud occurred. For any Background Fact that you include,
categorize it as theft, concealment and/or conversion.
b. For the benefit of the readers of your report and a potential
jury, briefly summarize how each Finding of Fact helps prove
the particular category or categories
(theft/concealment/conversion) you assigned for that paragraph.
PART 4. The purpose of this question is to show how Becky had
the intent to commit fraud. Analyze the accountant’s 14
Findings of Fact and determine which specific facts would help
prove Becky’s intent to defraud. Intent can be proven by
circumstantial (indirect) evidence by showing one or more of
the following:
a. Motive (no legitimate reason)
b. Non-accidental
c. Opportunity to commit fraud
d. Concealment
e. Conversion
f. Corroborating witnesses
Separately list out each category (4a)-(4f) given above. After
each category, state or summarize which specific Findings of
Fact(s) help(s) prove that category. For ease of reference, please
provide the specific Finding of Fact paragraph number(s).
Findings of Fact may be used more than once. You may also
include any of the Background Facts that would help you to
prove criminal intent. You should carefully consider each and
every fact and determine if it is relevant to proving intent.
PART 5. This part of the case study represents your summary of
the facts, as they relate to each element of embezzlement.
Embezzlement can be defined as:
18. · Defendant took or converted
· Without the knowledge of owner
· Money or property of another
· That was entrusted to Defendant (i.e., Defendant had legal
custody/lawful possession)
a. Analyze each of the four elements of embezzlement (stated
above) and briefly summarize, in narrative form, the specific
Findings of Fact and Background Facts that help prove each
element. Please state the specific paragraph numbers you are
discussing in the narrative. For example:
Defendant took or converted (paragraphs5,6,8,13):
Insert narrative. Conclude by writing a 1 ½ -2 page, double-
spaced report
to assist the District Attorney in analyzing the strengths
and weaknesses of the case.
b. Prepare a professional, formal oral presentation of your
written “summary to the attorney.” Your presentation should be
3-5 minutes in length. You may use notes when giving your
presentation.
Howie’s Café Caper, Page 6
Journal of Legal Issues and Cases in Business, Volume 3 –
January, 2015
CASE LEARNING OBJECTIVES AND IMPLEMENTATION
19. GUIDANCE
This case is based on an actual criminal investigation and
prosecution of an employee who was responsible for
maintaining financial records. It demonstrates an understanding
of the relationship between law and forensic accounting. Names,
dates and locations have been changed. After the restaurant
owner died, the owner’s daughter inherited the business and
discovered unexplained losses. She retained an accountant, who
recommended contacting the local District Attorney. The
accountant and police conducted a forensic investigation,
resulting in an employee being charged with several counts of
fraud, including embezzlement.
The purpose of the case is to enable the student to act as a
consulting expert to assist the District Attorney. Students are
required to use their forensic accounting skills to analyze the
evidence and determine whether embezzlement may have
occurred, based on the facts already obtained by the accountant
and detectives. “Forensic accounting is the application of
investigative and analytical skills for the purpose of resolving
financial issues in a manner that meets standards required by
courts of law.” (Hopwood et al. 2012, 3)
In order to realistically portray the workplace and fraud
investigations, this case purposely does not include a complete
set of data. Students are challenged to use their forensic
accounting knowledge, logic and intuition to analyze accounting
data, organize it under the required legal elements of
embezzlement, draw conclusions as to the existence of
embezzlement, and communicate their results to the prosecutor
in non-technical language. Students are afforded the opportunity
to evaluate internal controls in an operational setting using the
COSO framework.
LEARNING OBJECTIVES
20. After completing the case study, students should be able to:
1. Evaluate the internal controls in a retail establishment, using
COSO as the framework for analysis, and discuss how lack of
controls could allow the opportunity to commit fraud. By
utilizing COSO, students are able to understand both fraud
detection and fraud prevention.
2. Conduct a net worth analysis and provide a narrative
explanation to prove the amount of embezzlement by
circumstantial evidence.
3. Understand the relationship between financial and
nonfinancial factors when conducting a forensic analysis.
4. Incorporate use of the fraud triangle, professional skepticism,
and the Elements of Fraud Plus Inquiry Method, adapted from
Albrecht’s “fraud triangle plus inquiry” method (Albrecht et al.
2012, 211) into the development of the embezzlement
allegation, thereby supporting or not supporting the likelihood
of the allegation. See Table 2 in case for the Elements of Fraud
Plus Inquiry Method.
5. Convert their forensic accounting analyses into an
explanation of how the facts support the required legal elements
of embezzlement.
6. Present their findings to the District Attorney in accurate,
non-technical language that would be understandable to a jury
of laypersons.
Time Parameters
Estimated completion times are provided here to assist
instructors in implementing the case.
Reading the case study, 1 hour
21. Part One, Applying the fraud triangle and COSO analysis, 2-3
hours
Journal of Legal Issues and Cases in Business, Volume 3 –
January, 2015
Part Two, Net worth analysis chart and narrative, 1 hour
Part Three, Elements of fraud plus inquiry, 2-3 hours
Part Four, Proof of intent, 3-4 hours
Part Five, Written report to attorney, 2 hours
The purpose of this case is to provide students with the
opportunity to apply forensic accounting skills to facts obtained
in an actual fraud investigation. It is designed to assist students
in proving the legal existence of embezzlement in a systematic
manner. The steps used are:
1. application of the fraud triangle method to identify indicia of
fraud;
2. application of the elements of fraud plus inquiry method to
analyze facts from a legal rather than from an accounting
perspective, and
3. provide factual support to prove the legal elements of
criminal embezzlement.
REFERENCES
Albrecht, W.S., C.O. Albrecht, C.C. Albrecht and M.F.
Zimbelman, 2012.
22. Fraud Examintion. 4th edition. Mason, OH: South-
Western Cengage Learning.
American Institute of Certified Public Accountants (AICPA).
2002. Statement of Auditing Standard (SAS) No. 99. New York,
NY: AICPA.
Association of Certified Fraud Examiners (ACFE)
Report to the Nations on Occupational Fraudand Abuse
2012 Global Fraud Study. Austin, TX: ACFE.
Hopwood, W. S., J. J. Leiner and G. R. Young. 2012.
Forensic Accounting. 2nd edition. Location: New York,
NY: McGraw-Hill Irwin.
Wells, J. T.
Corporate Fraud Handbook. 2004. 1st edition. Hoboken,
NJ: Wiley.