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While state and local governments are encouraged to prepare a complete CAFR, what are the minimum requirements per GAAP? Do you think this is correct or should a more complete report be required?
an increase in the accounts receivable account of a company from 40000 at the beginning of the year to 60000 at the end
Identify a real-life outsourcing decision that has been made and the specific reasons for the outsourcing. If information is available, discuss the results of the outsourcing decision (jobs lost, cost savings, etc.). Cite sources as deemed necessa..
Many individuals believe that trade deficits are troubling economic condition which points out weakness in economy while trade surpluses are sign of strength and rising prominence for economy.
Describe how investors report investments in equity securities when investor has controlling influence over an investee. (US GAAP)
What is Corporate governance and outline brief history of corporate governance - Prepare an essay on Corporate\IT governance and internal control.
CPAs attest to management assertions by reference to pre-established criteria. What criteria are used to judge the fairness of financial statements during a financial statement audit? Why is it important that the attest function references specifi..
Calculate the amount of operating expenses incurred by ABC Company during May. Do not use decimals in your answer.
Put Company paid $220,000 for an 80% interest in Sel Company on July 1, 2011, when Sel Company had total equity of $110,000. Sel Company reported earnings of $10,000 for 2011 and declared dividends of $8,000 on November 1, 2011.
why are the assets contributed by each partner recorded at their fair market values?
Assume that you are part of the audit team and assess a client's audit risk as high. Suggest what procedure the audit team should implement to reduce the risk to the firm.
Prepare the entries, if any, on each of the three dates that involved dividends. How are dividends and dividends payable reported in the financial statements prepared at December 31?
Winkler Financing assesses a finance charge of 2% of the amount of accounts receivable and also reserves an amount equal to 4% of accounts receivable to cover probable adjustments.
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