Acct auditing Assignment Question(s): (Marks 15) IMPORTANT NOTES: Answer in your OWN words, DO NOT COPY from slides, fellow students, or internet sources without proper citation. Q1. What is the difference between audit, attestation, and assurance services? And how do the answers provide value to stakeholders? Your answer should have a minimum of 400 words. […]
Principles of Accounting Assignment Question(s): (Marks 15) Question 1: (5 Marks) Sarah owns a boutique that sells women’s clothing and accessories. She keeps track of her business transactions using a journal. On March 1, Sarah invested SAR 10,000 cash in her business to start operations. Prepare the journal entry. On March 5, Sarah purchased inventory […]
Assume Large Corporation Invested $ 600,000 for Small Corporation and the estimated Fair Market Values of Assets, Liabilities and Equity Accounts are as follows: Assets Amount $ Liabilities Amount $ Account Receivable Inventory LT Marketable Securities PP & E 125,000 50,000 55,000 170,000 400,000 Account Payables Retained Earnings Commons Stock 180,000 120,000 100,000 400,000 Required: […]
Auditing Principles and Procedures Assignment Question(s): (Marks 15) IMPORTANT NOTES: Answer in your OWN words, DO NOT COPY from slides, fellow students, or internet sources without proper citation. Q1. What is the difference between audit, attestation, and assurance services? And how do the answers provide value to stakeholders? Your answer should have a minimum of […]
Week 4 Assignment – Case Study: COSO Components Principles COSO principles are important factors in assuring a company has a reasonable structure in decision-making areas. In addition, COSO provides a framework for companies to work upon. It does not provide a functioning process—processes are established based on the company’s needs, culture, and environment. Aytaç and […]
While the Inquiry Rational paper was the opportunity for students to begin to critically think about future career and higher education opportunities from a broad perspective, the Project Report is a more in-depth exploration and point of discovery toward a focused plan of action for each student’s future in career and business. The purpose of […]
Cost Accounting Assignment Question(s): (Marks 15) Q1. Differentiate with suitable examples the relevant cash flows and irrelevant cash flows. What relevant role do these cash flows provide in management decision-making? Provide a suitable example in context to an organization to support your answer. (3 Marks) Note: Your answer must include suitable examples of relevant and […]
Introduction to Accounting Information Systems/ ACCT 402 Assignment Question(s): (Marks 15) Question 1: (04 Marks) Explain what an AIS is, describe the basic tasks it performs in an organization using examples of Saudi Companies. Question 2: (03 Marks) Give examples of Saudi companies that using ERP and what are the advantages of implementing the ERP? […]
Tax questions This year, Reggie’s distributive share from Almonte Partnership includes $8,000 of interest income, $4,000 of dividend income, and $60,000 of ordinary business income. A. Assume that Reggie materially participates in the partnership. How much of his distributive share from Almonte Partnership is potentially subject to the net investment income tax? B. Assume that […]
After an exhaustive search, three businesses that appear to be comparable to Duke’s are found. The Market Approach spreadsheet gives basic financial information about the businesses and recent transactions involving them and provides space for the calculations. The comparable businesses are the following: Charlie’s Sporting Goods. Charlie’s is located in a neighboring town and has […]
