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Find a newspaper article or web page report of an item of accounting news, i.e. it refers to a current event, consideration, comment or decision that has been published after June 2013. Your article could also come from one of the professional journals such as 'Charter'. The article should not come from an academic journal. Academic journals generally do not contain news articles or articles of less than one page and are usually only published 2 or 4 times a year. If you are having a problem ensuring that your article is from an appropriate source contact Shibly Abdullah ([email protected]).
Explain the article that you have found in your own words and clearly relate the concepts, ideas and facts within the article to one or more of the theories or topics that you have studied this session. For example, the Australian Financial Review article contained in your readings (2.1) can be linked to topics such as Ethics, Accounting regulation and politics and Normative accounting theories (conceptual framework projects). Provide a copy of the article or web page, with details of the source, date and page number with your question answer.
objective of financial reporting by business enterprises and Short term investment would be classified as an assets and would appear on the income statement
From an accountant’s perspective, separation of duties is self-explanatory. Explain how do small companies that have minimal accounting staff deal with this issue? Explain how might you, as owner of a small business, ensure the integrity of your f..
Burrough also paid $3,000 to a search firm for finder's feesrelated to the acquisition. What amount will be recorded as goodwill by BurroughCorporation while recording its investment in Helyar?
Application of LIFO, FIFO and Weighted Average method of Inventory System and evaluate the cost assigned to ending inventory and to cost of goods sold using a) specific identification
What will have a greater effect on the future cost of health care in the United States: political and social changes or medicinal and technological advances?
When inventory declines in value below original cost, and this decline is considered other than temporary, what is the maximum amount that the inventory can be valued at?
Purpose any journal entry required as a direct result of the change or error correction as well as any adjusting entry for 2013 related to the situation described.
Would this recipient be as well off under the housing voucher scheme as he would be with a cash transfer of equal value?
Describe the technique the company is using that can constitute a financial shenanigan. Indicate both the technique used and how auditor should react.
Evaluate the MIRR of the project using all three methods - evaluating a project with the subsequent cash flows:
find out how the company you selected should address its free cash flow, either through distributions to shareholders or repurchasing of stock. Explain your rationale.
Prepare the journal entries made by Landis on the dates and the income statement approach to estimating uncollectible accounts expense is used by Landis Company.
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