Introduction The equity method, utilized when an investor owns between 20% to 50% voting shares or has significant influence in a company, is susceptible to manipulation. This discussion explores the potential manipulation tactics and methods to detect such behavior. Additionally, recommendations for implementing procedures to prevent manipulation of the equity method will be provided. Manipulation […]
Publicly traded companies must electronically file a variety of forms or reports with the SEC, including the Form 10-K, which includes the audited annual financial statements. The SEC makes most of these electronic documents available on the Internet via EDGAR, which stands for Electronic Data Gathering, Analysis, and Retrieval system. The primary purpose for EDGAR […]
Explain why healthcare firms need consistent financial reports. Financial reporting is critical to the success of any organization because this is how managers and other stakeholders evaluate the sustainability and profitability of an organization. The healthcare industry accounts for nearly 20% of the US GDP as of 2018 (BEA, 2019). While there is guidance for […]
Assignment Question(s): IMPORTANT NOTE: Answer in your own words, DO NOT COPY from slides, fellow students, or internet sources without proper citation. Q1. Read the following situations and explain how the risk of material misstatement should be assessed and how detection risk could be affected by the assessment. Kelvin is a trucking company. The company […]
You are a new hire for a major corporation completing your eight-week rotation relating to accounting, financial reporting, budgeting, cost control, and profit maximization. As part of your rotation you are learning how accounting information is used by managers throughout the organization to make managerial decisions. This report will address the below topics, providing senior […]
Address any notable similarities and differences in financial reporting practices of the two acquisition targets Rivian and Hyliion that could potentially impact your analysis. For example, perhaps the firms are using the same or different methods of accounting for property, plant, and equipment (PP&E), inventory, intangibles, etc. Rivian Financial Report: https://www.sec.gov/ix?doc=/Archives/edgar/data/0001874178/000187417822000008/rivn-20211231.htm
Case Study: IFRS Adoption in the U.S. Assignment Instructions Overview During this course, you will complete seven case study assignments. The purpose of the case study is to allow you to read through real-world examples from various companies and learn more about the financial issues that they face. You will use the case study scenarios […]
Discussion Thread: Liabilities and Economic Sacrifices Liabilities are probable future sacrifices of economic benefits arising from present obligations of a particular entity to transfer assets or to provide services to other entities in the future as a result of past transactions or events. Do you agree or disagree with this statement? Why would a company […]
Accounting Synoptic Literature Review Required: In addressing this question, you should consider the following sub-questions: What is the role of regulation on financial reporting? Can free markets be relied upon to provide necessary valuable information to investors? How might financial reporting regulation benefit investors and society in general?
Description The Impact of Governance on Financial Reporting Quality in the UK in recent(5/10) years. The research question: 1. What is the impact of governance (including internal audit) on financial reporting quality in the U.K.? 2.Does governance (including internal audit) help in preventing financial reporting fraud?
