Discuss how management  accounting systems and its  report help support an  organisation like Lets Grow Ltd  in making decisions.

  Management Accounting Explain the essential  requirements and their  benefits for management  accounting system to function efficiently. Discuss how management  accounting systems and its  report help support an  organisation like Lets Grow Ltd  in making decisions. Prepare a cash budget for the  coming six months ending in  August 2020. Analyse the use of cash budgets  […]

If the company has treasury stock, is it increasing or decreasing in value? Remember that the normal balance for treasury stock is a negative value (debit balance). What is the value for other comprehensive net income (or net loss), accumulated deficit, and/or retained earnings.

Using the SEC 10-K for your company, answer the questions below: What were total current assets? What were total current liabilities? What were total assets and total stockholders’ equity (deficit)? Calculate working capital (current assets - current liabilities = working capital) and describe how it changed from last year. If the company has treasury stock, […]

In 2020, with the pandemic we have an entirely new risk for these firms. Do you think these risks were “priced in” when the firms went public in 2020?Explain

Capital budgeting Discussion – Collecting Real Data Many assignments of this course require dealing with real data, so you will have to know how to collect financial data. Many useful sources are listed in Course Resources under Webliography. For this exercise, please choose a company that went public in 2012-2019 and then find the following […]

Prepare a 2-3 page summary of the FASB proposal highlighting what changed, why, and the potential impact on the financial statements and disclosures.

IA II week 2 excell Find a company’s financial statements, using the EDGAR database. Use Excel to create an applicable supporting schedule and financial statement(s) that would provide an example of the application of the proposed standard you selected for the company you selected. Ex. if the standard you found included a different method to […]

In your own words (in a sentence or two for each), explain each of the following six concepts below:Explain how each of these costs affect or potentially affect profitability.

  Accounting-Cost Structures Reference Textbook: Free online access Walther, L. (2019). Principlesofaccounting.com. https://www.principlesofaccounting.com – As we begin to predict the behavior of costs in accounting, it is important to understand the cost structure. The cost structure is often made up of several different types of costs. Not all costs respond to a change in activity […]

Webster Company is a manufacturer of boat propellers and other accessories. January is a busy month of production and sales as retailers prepare for spring. Using the information on the Data tab of the spreadsheet, complete the cost of goods manufactured for January.

COGS Calculation Webster Company: Cost of Goods Manufactured Webster Company is a manufacturer of boat propellers and other accessories. January is a busy month of production and sales as retailers prepare for spring. Using the information on the Data tab of the spreadsheet, complete the cost of goods manufactured for January. Submission Requirements: Show calculations […]

What is the account and the amount of the bottom line item on the Statement (or Consolidated Statement) of Comprehensive Income?

What were the corporation’s net sales, cost of goods sold, and gross profit? What was the corporate tax rate? This should be an item in the notes to the financial statement. Required disclosure usually explains the federal statutory rate and a reconciliation to the actual tax rate of the company each year. Read the Statement […]

Prepare a Report Statement of Shareholders’ Equity.

Prepare a Report Statement of Shareholders’ Equity The reports should include the following: Sections or line items of the Shareholders’ Equity including but not limited to: Beginning Balance Common Stock Retained Earnings or Accumulated Deficit Accumulated Other Comprehensive Income or Loss Net Income or Loss It is for Apple, Inc only source needed to be […]

Prepare a 2-3 page analysis discussing if you think this FASB proposal is a good idea now that you have seen the impact on the financial statements or if you think there is a potential for misleading financial statements as a result of this proposal.

IA II week 3 You will be using EDGAR (http://www.sec.gov/edgar.shtml) and the FASB codification system to research a company’s financial statements and to research a proposed accounting standard for the current or prior year (liability and equity-type transactions only). You will be creating financial accounting information and commenting on the proposal you selected as it […]

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