What principles support the financial reporting model

Assignment Help Accounting Basics
Reference no: EM131037837

Using the Library and the Internet, identify a publically held multinational company of your choice. Research its filings to the SEC, particularly the 10-K and 10-Qs. Also, examine its annual report online. You will then prepare an APA research paper including the follow elements:

What assumptions is the financial reporting model based on?

What principles support the financial reporting model?

Who oversees the accounting profession?

What is the role of Congress in settling the concerns that arise with accounting firms and their clients?

Describe how the annual report differs from the 10-K. What is contained in the annual report that is not in the 10-K and vice versa.

How does the 10-K report differ in content from the 10-Q? What is the reason for the difference?

Describe 2 disclosures in the 10-K that were surprising or interesting to you? Why were they interesting or surprising to you?

Reference no: EM131037837

Questions Cloud

Power supply of the cmos amplifier analyzed : 8.46 The power supply of the CMOS amplifier analyzed in Example 8.4 is increased to 5 V. What will the extent of the linear region at the output become?
When is an acceptance effective and discuss the mailbox rule : When is an acceptance effective? Discuss the mailbox rule. If the UCC does not apply, how are contrary terms in the acceptance treated? What if the UCC does apply?
Price elasticity of demand for steel : If the price elasticity of demand for steel is greater abroad than it is in Japan, which of the following will be correct?
A company is said to be an international competitor when : A company is said to be an international competitor when?
What principles support the financial reporting model : Describe how the annual report differs from the 10-K. What is contained in the annual report that is not in the 10-K and vice versa.
Value affect developing positive customer relationship : Among the Jesuits values is Cura Prsonalis; care of the individual person, adjusting to meet a person’s particular needs, seeing each person as a unique and precious creation of God. What, if any, connection is there to the marketing concept of putti..
High in conscientiousness perform better in jobs : Conscientiousness (one of the big five personality traits) has been studied and predicted that individuals who are high in conscientiousness perform better in jobs. I am writing a research paper to expand beyond this topic. I am examining if conscien..
How would you protect the employee and the company : How would you react to this situation given your position in the company? How would you protect the employee? How would you protect the company?
Supervisor of a reception facility in a prison system : It is your first week as the health information supervisor of a reception facility in a prison system. During your initial interviews with staff, you hear complaints of staffing shortages and poor relationships with other facilities in the system. Th..

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare a direct materials purchases budget

Prepare a direct materials purchases budget by month for the first quarter - Management wants to have a raw materials inventory at the end of the month equal to 30% of next month's production requirements.

  Husky enterprises recently sold an issue of 10-year

husky enterprises recently sold an issue of 10-year maturity bonds. the bonds were sold at a deep discount price of

  Regular tax and tentative minimum tax

If joe and Jill choose to accelerate 50,000 of additional income into the current year, how much will their (a) regular tax and (b) tentative minimum tax increase? Joe and Jill's marginal tax rate is 35%.

  Simba companys standard materials cost per unit of output

simba companys standard materials cost per unit of output is 11.52 2.40 pounds x 4.80. during july the company

  Almo company manufactures and sells adjustable canopies

almo company manufactures and sells adjustable canopies that attach to motor homes and trailers. almo developed its

  Problem related to valuable prize

As the winner of a breakfast cereal competition, you can choose between the prizes listed below. If the interest rate is 12 percent, which prize is the most valuable?

  Importance of the influences of anglo-saxon accounting

Compare the importance of the influences of Anglo-Saxon accounting and continental European accounting in Eastern Europe during the 1990s.

  Public outcry after the financial scandals

The Sarbanes-Oxley Act of 2002 was passed by Congress due to the public outcry after the financial scandals of the early 2000s.

  Transaction number date description 1 employees are paid

transaction number date description 1 employees are paid bi-monthly on the first day of the month for work performed

  Prepare the stockholders equity section

Journalizing corporate transactions and preparing the stockholders' equitysection of the balance sheet [20-25 min]B-Mobile Wireless needed additional capital to expand, so the business incorporated.

  Remo company and angelo inc are separate companies that

remo company and angelo inc. are separate companies that operate in the same industry. following are variable costing

  Included in inventory is merchandise sold to bubbey on

werth company asks you to review its december 31 2012 inventory values and prepare the necessary adjustments to the

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd