What strategic leaders’ activities or responses contribute to success in achieving financial synergy?

To write the literature review on previous research regarding mergers & acquisitions. Listed below is the research topic with the general problem and specific problem for the research project. . Additionally, the summary of the research framework is attached. The research topic is small business merger & acquisition strategies to gain financial synergy and accelerate […]

What sources of evidence might the auditor use to satisfy the occurrence objective for each of the following?

The table below is an excerpt from Apple Inc.’s Statement of Shareholders’ Equity for its fiscal year ended September 30, 2017: CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (in millions, except number of shares, which are reflected in thousands) Common Stock and Additional Paid-In Capital Retained Earnings Accumulated Other Comprehensive Income/(Loss) Total Shareholders’ EquityShares Amount Balance as […]

Are current and long-term notes payable properly aggregated and presented sepa- rately on the balance sheet?

Items 1 through 7 are questions typically found in a standard internal control questionnaire used by auditors to obtain an understanding of internal control for notes payable. In using the questionnaire for a client, a “yes” response indicates a possible internal control, whereas a “no” indicates a potential deficiency. 1. Are liabilities for notes payable […]

Why should the auditor review the cost accounting records and test their accuracy?

The cost accounting records are often an essential area to audit in a manufacturing or construction company. a. Why should the auditor review the cost accounting records and test their accuracy? b. For the audit of standard cost accounting records in which 35 parts are manufactured, explain how you would determine whether each of the […]

Which misappropriations would be detected by the surprise payroll payoff? How is the payoff done if employees do not receive payroll checks because payment is directly deposited into their bank accounts?

The following are various asset misappropriations involving the payroll and personnel cycle: 1. A supervisor does not notify human resources that an hourly employee has left the company. He continues to submit time records for the employee. The money is Required In-class Discussion Required Chapter 20 / AUDIT OF THE PAYROLL AND PERSONNEL CYCLE 697 […]

Identify the internal control deficiencies in the Rogers’ payroll system.

You are assessing internal control in the audit of the payroll and personnel cycle for Rogers Products Company, a manufacturing company specializing in assembling computer parts. Rogers employs approximately 200 hourly and 30 salaried employees in three locations. Each location has one foreman who is responsible for overseeing operations. The owner of the company lives […]

Identify five general ledger accounts that are likely to be affected by the payroll and personnel cycle in most audits.

Identify five general ledger accounts that are likely to be affected by the payroll and personnel cycle in most audits. 20-2 (OBJECTIVES 20-1, 20-3) Explain the relationship between the payroll and personnel cycle and inventory valuation. 20-3 (OBJECTIVE 20-2) Distinguish among a payroll master file, a W-2 form, and a payroll tax return. Explain the […]

Provide future recommendations for the cookie business based on your report findings.

The learning objectives of this project allow you to apply accounting concepts and standards to the creation of accounting information and reports. Using your final project from Unit VII as a guide, create an eight- to ten-slide PowerPoint presentation. In this presentation, you want to summarize what you found and discuss how you think these […]

Discuss any compliance and/or regulatory issues you think would be involved in the companies you have selected as they relate to the cost of the products made. For example, are there strict regulations on product pricing, tariffs imposed on raw materials needed to make the products, or strict regulations on the wages paid to workers?

International versus U.S. Accounting Standards For this assignment, you will research and compare international and U.S. accounting standards. This will enable you to see how the different reporting methods affect business and how product costs are affected by international business. The learning objectives of this report are as follows: Compare and contrast basic U.S. and […]

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