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Please read both attached files and then answer the following questions:
1.Discuss the FASB's standard setting process. You should summarize what the article discussed for the process, and then should provide your opinions
2.What is XBRL? Please discuss for the SEC's position on the adoption of XBRL
3.Please discuss the roles of DCF in SEC
Determine Arb's investment income from Tee Corporation for the year ended December 31, compute the correct balance of Arb's investment in Tee account at December31.
There are four steps in the auditor’s process of understanding internal control and assessing control risk for a public company. The first step is to obtain and document an understanding of internal control: design and operation. What are the rema..
What is the function of account analysis? How can we manage bank balances? How can we preauthorize the debit transactions? What are some other tools we can utilize to create a secure and efficient cash management system?
equipment cannot be used elsewhere in the Company, and it has no market value. However, the space occupied by the production of the value can be used by another production group that is currently leasing space for $55,000 per year.
calculation of revenues and explanation about how cash receipts cans be different from revenues.cash receipts versus
Prepare a journal entry summarizing the payment of Flip s total salary during the year and prepare a journal entry summarizing the employer payroll tax expense on Flip s salary for the year.
The estimated variable manufacturing overhead was $7.17 per labor hour and the estimated total fixed manufacturing overhead was $584,320. The actual labor hours for the year turned out to be 33,300.
Piotroski Properties prepares monthly financial statements. Using the following information, adjust the accounts as necessary on January 31 using the financial statements effect template. (a) Prepaid insurance represents a three-year premium paid o..
A $1,000 face value corporate bond pays a $50 coupon every six months. The bond matures in 12 years and sells at a price of $1,080. What is bond’s nominal yield to maturity?
Using direct labor hours as the basis for assigning overhead costs, determine total production cost per unit for each product line.
Assuming Alison uses the equity method, what balance should appear in the Investment in Holister account as of December 31, 2011?
What consolidation entry could be needed for these bonds on December 31, 2012?
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