Accounting

Total Assignments: 389

Which fraud flow and specific steps did the fraudster manipulate?

Read the case study, and discuss what type of fraud was presented in this case. Identify whether this case illustrates an example of the fraud flow in Exhibit 7.4, 7.5, or 7.6 in Chapter 7 of your textbook  attached (...

Betty Booth has established herself as a very effective sales representative for products related to health care services.

Question 1Betty Booth has established herself as a very effective sales representative for products related to health care services. While she has worked independently for a number of years, she has received two very attractive offers of employment. Both of these offers would require that she begin work on January 2, 2021.Offer OneThis offer would provide her with a fixed salary of $ 225,0...

Following are exercises for you to do with regard to each of these techniques. Respond to the exercise on your own prior to looking at the suggestions.

Following are exercises for you to do with regard to each of these techniques. Respond to the exercise on your own prior to looking at the suggestions.Sample Interview1.  Reviewer (Walks right into Department Manager's office, unannounced): Hi, we're doing an operational review of your area, so I thought you might answer some questions about the inventory system.2.  Department Manager (looks up and look...

What is the correct relationship of internal audit to senior management?

Reporting and Relationships Case Study: Internal Auditing Reporting Relationships: Serving Two Masters (attached)   Review the information contained with the governance report (report attached) answer the following questions in a two-to-three page paper that addresses:   1-What is the correct relationship of internal audit...

Current management accounting practices (MAPs) have incorporated financial and nonfinancial techniques to provide information at both operational and organizational levels, including factors such as competition, perceived environmental uncertainty,

Current management accounting practices (MAPs) have incorporated financial and nonfinancial techniques to provide information at both operational and organizational levels, including factors such as competition, perceived environmental uncertainty, production environment technology, and business society. Managers' significant challenges and pressures require them to change management accounting (Ahmad & Leftesi, 2014).      ...

Sometimes fraud is discovered by chance instead of deliberate effort. In the $4 million embezzlement fraud by an employee of a magazine publisher, more than one coincidence brought down the perpetrator.

CASE STUDY: COVER STORY: INTERNAL FRAUD 2Sometimes fraud is discovered by chance instead of deliberate effort. In the $4 million embezzlement fraud by an employee of a magazine publisher, more than one coincidence brought down the perpetrator.A popular magazine and large direct-mail publishing house decided to outsource much of its direct-mail operations to specialized mail vendors. The company began converti...

Use the working papers for this problem I’ve posted them on our class in D2L: Be careful to print all tabs across the bottom of the spreadsheet.

1. Use the working papers for this problem I’ve posted them on our class in D2L: Be careful to print all tabs across the bottom of the spreadsheet. 1. This project must be completed by hand, in pencil.  Please scan in and upload to the Assignment folder i...

Write answers to each of the two (2) situations described below addressing the required criteria (i.e. 1 & 2). You may use a tabulated format if helpful having “Threats”,

Write answers to each of the two (2) situations described below addressing the required criteria (i.e. 1 & 2). You may use a tabulated format if helpful having “Threats”, “Safeguards” and “Objective Assessment” as column headings. The following situations involve Abraham Lincoln, an audit partner with the accounting firm of Joyce & Mark. He is involved with the audit of Dockland Ferries Ltd (Dockland). Dockland is one of the oldes...

The issue would be and item that I purchased or sold so determine weather to capitalize or expense those asset

Find the issue, analyze it and recommendFormat for the case⦁ Overview like little bit about the company ⦁ History⦁ shareholder⦁ What kind of business ⦁ Issue 1 then recommendation, write th...

New Age Phones is a Baltimore based company that sells popular phones. After launching its website three years ago, the company has attracted so many clients from the east coast that the owners opened additional stores in Philadelphia, New York and Boston

MISY 341- New Age Phones Balance SheetsSpring 2021New Age Phones is a Baltimore based company that sells popular phones. After launching its website three years ago, the company has attracted so many clients from the east coast that the owners opened additional stores in Philadelphia, New York and Boston.The following three tables give you the assets, liabilities, and stockholders’ equity data for the Baltimore, Philadelphia, New York and Boston st...

New Age Phones is a Baltimore based company that sells popular phones. After launching its website three years ago, the company has attracted so many clients from the east coast that the owners opened additional stores in Philadelphia, New York and Boston

MISY 341- New Age Phones Balance SheetsSpring 2021New Age Phones is a Baltimore based company that sells popular phones. After launching its website three years ago, the company has attracted so many clients from the east coast that the owners opened additional stores in Philadelphia, New York and Boston.The following three tables give you the assets, liabilities, and stockholders’ equity data for the Baltimore, Philadelphia, New York and Boston st...

Dan James obtained his CPA designation 3 months ago after articling with a local CPA firm, Jack Knows Best LLP.

Case B Project (30 marks) – Due March 25, 2021Facts:Refer to the Jack Knows Best Case Facts in the Case A Project...

Economic income is considered to be a better predictor of future cash flows than accounting income is.

Case 5-2 Earnings QualityEconomic income is considered to be a better predictor of future cash flows than accounting income is. A technique used by securities analysts to determine the degree of correlation between a firm’s accounting earnings and its true economic income is quality of earnings assessment.Required:    Discuss measures that may be used to assess the quality of a firm’s reported earnings.    Obtain an annual report for a large corpora...

FORMULA AUDITING, DATA VALIDATION, AND COMPLEX PROBLEM SOLVING

Maxwell TrainingFORMULA AUDITING, DATA VALIDATION, AND COMPLEX PROBLEM SOLVING⦁ ⦁ GETTING STARTED⦁ Open the file SC_EX19_9a_FirstLastName_1.xlsx, available for download from the SAM website.⦁ Save the file as SC_EX19_9a_FirstLastName_2.xlsx by changing the “1” to a “2”....

The company applies manufacturing overhead on the basis of machine hours. Budgeted overhead and machine activity for the year were anticipated to be $1,000,000 and 25,000 hours, respectively.

TUTORIAL QUESTIONSQuestion 1  Ola Ltd, which uses a job costing system, had two jobs in process at the start of the year: Job L1 ($68,000) and Job L2 ($30 000). The following information is available: ⦁ The company applies manufacturing overhead on the basis of machine hours. Budgeted overhead and machine activity for the year were anticipated to be $1,000,000 and 25,000 hours, res...

In cells B22:M22, use an appropriate function to calculate the average attendance for each month. 18. In cells B23:M23, use an appropriate function to calculate the average revenue for each month.

In cells B22:M22, use an appropriate function to calculate the average attendance for each month. 18. In cells B23:M23, use an appropriate function to calculate the average revenue for each month. 19. In cells B24:M24, use an appropriate function to calculate the maximum revenue for each month. 20. In cells B25:M25, an appropriate function to calculate the minimum revenue for each month. 21. Use conditional formatting to show the month...

What do you think helped in this case to identify the issues and problems?

Read the article:Scotiabank fined $127 m over price manipulation scheme by Anna Hrushka 8/20/20201. Write a summary of this article2. What do you think helped in this case to identify the issues and problems?3. Share any ideas you think should happen for the future with this bank?...

Dan James obtained his CPA designation 3 months ago after articling with a local CPA firm, Jack Knows Best LLP.

The Case of Dan James and Jack Knows Best LLP    Dan James obtained his CPA designation 3 months ago after articling with a local CPA firm, Jack Knows Best LLP.   Due to his outstanding abilities and to recognize Dan’s accomplishments, Mr. Wally Jack CPA, senior audit partner, assigned Dan James as the audit senior on the audit fir...