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Assignment: Topic Responses
Instruction - Answers the following questions and each response should be 200-350 words.
Part 1 - Re-read Focus on Practice Free Cash Flow at Cisco Systems. Answer the question posed in the article, "What are some possible ways that corporate accountants might be able to change their earnings to portray a more favorable earnings statement?
Part 2 - Read the Ethical Problem. Answer the question posed in the problem.
The SEC is trying to get companies to notify the investment community more quickly when a "material change" will affect their forthcoming financial results. In what sense might a financial manager be seen as "more ethical" if he or she follows this directive and issues a press release indicating that sales will not be as high as previously anticipate?
Part 3 - Respond to the questions in the statement below:
How can a manager influence the budgeting process and ensuing budgetary numbers in unethical ways? Are there ways to identify and control this type of behavior?
Formatting & Referencing: APA. Directions: Your answers to the following questions are considered formal responses and should be written in APA format within-text citations and a reference page. Each response should be 200-350 words. You may include all responses in one paper but clearly separate and label your responses.
Financial Statement Analysis and Preparation
Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?
An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.
Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.
This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited
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Prepare the journal entry to record the acquisition of the assets.
Prepare general journal entries to record the transactions, assuming use of the periodic inventory system
Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.
Explain the IASB Conceptual Framework's perspective of users and their decisions.
T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
Computation of Free Cash Flow
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