...Memo To: Outside CPA From: CC: Manager Date: April 25, 2011 Re: CPA Report Below I have summarized an explanation to the questions that came about during your examination of a subsidiary that has been set up as a corporation. • The methodology used to determine deferred taxes. The deferred taxes reported are a temporary difference. The deferred taxes were calculated based on what needed to be reported versus what has been posted to the corporations’ books. The “temporary difference is the difference between the tax basis of an asset or liability and its reported (carrying or book) amount in the financial statements, which will result in taxable amounts or deductible amounts in future years” (Kieso, el. 2007, Ch. 19). The corporation has taken the balance sheet approach to account for this timing issue and SFAS 109 guidelines have been followed. • The procedures for reporting accounting changes and error corrections. According to Kieso, Weygandt, and Warfield (2007, Ch. 22), and the Financial Accounting Standards Board [FASB], reporting accounting changes should be done using the retrospective approach. The retrospective approach reflects the changes done in previous financial statements so that they are more comparable. To report these changes first the corporation adjusts each prior period financial statements and then the corporation “adjusts the carrying amounts of assets and liabilities as of the beginning of the first year presented”...
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...annual report project. If you did not purchase the workbook you are not permitted to use this template. INTRODUCTION TO THE CORPORATE ANNUAL REPORT: A Business Application with IFRS Content 3rd edition Copyright 2011 by Applied Accounting Analytics. All rights reserved. Reproduction or translation of this book beyond that permitted by the applicable copyright law without Applied Accounting Analytics’ permission is prohibited. Requests for permission to reprint or for further information should be directed to bstanko@luc.edu or tzeller@luc.edu. ISBN: 978-0-9841839-2-0 To be completed by the student and submitted with the completed annual report project according to your instructor’s requirements. Complete the following before you submit your assignment. This step is required to validate your compliance with sections 107 or 108 of the 1976 United States Copyright Act. 1. Remove the front cover of the workbook and identify: Student Name:ASHLEY K BINEGAR Term: SPRING 1 2011 Selected Company: TARGET Instructor: 2. Print your completed electronic template. 3. Attach the following: • This page completed with all required information. • Completed Word template. Template boxes expand as you input responses. Adjust page breaks as necessary to submit a professional representation of your work. CHAPTER 1 - INTRODUCTION Select a Company and Gather Documents Chapter 1: Select a Company and Gather Documents – Question 1 Identify...
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...ACC 410 Assignment 1 Financial Statement / Audit Report Review Follow Below Link to Download Tutorial https://homeworklance.com/downloads/acc-410-assignment-1-financial-statement-audit-report-review/ For More Information Visit Our Website ( https://homeworklance.com/ ) Email us At: Support@homeworklance.com or lancehomework@gmail.com Assignment 1: Financial Statement / Audit Report Review Due Week 4 and worth 240 points Select one (1) local government in your state or area and review the financial statements and audit report for the county or municipality. The financial statements of the government you selected should have at least three (3) funds. Refer to the continuing problem homework for Weeks 1 through 3 for this assignment. Write a three to five (3-5) page paper in which you: 1.Compare and contrast the comprehensive annual financial report (CAFR) of the selected local government entity with the city of Austin report from Week 1 homework. In your comparison, include: a.Publication method of the CAFR b.Audit and budget information in the CAFR c.The type of audit report issued d.Existence or non-existence of an internal audit function within the government entity 2.Prepare the analysis for the selected local government entity, including information on the introduction, financial section, and statistical section prepared in the city of Austin’s CAFR from chapter 2. 3.Analyze the methods used by the selected local government entity in comparing...
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...ACC 410 Assignment 1 Financial Statement / Audit Report Review Follow Below Link to Download Tutorial https://homeworklance.com/downloads/acc-410-assignment-1-financial-statement-audit-report-review/ For More Information Visit Our Website ( https://homeworklance.com/ ) Email us At: Support@homeworklance.com or lancehomework@gmail.com Assignment 1: Financial Statement / Audit Report Review Due Week 4 and worth 240 points Select one (1) local government in your state or area and review the financial statements and audit report for the county or municipality. The financial statements of the government you selected should have at least three (3) funds. Refer to the continuing problem homework for Weeks 1 through 3 for this assignment. Write a three to five (3-5) page paper in which you: 1.Compare and contrast the comprehensive annual financial report (CAFR) of the selected local government entity with the city of Austin report from Week 1 homework. In your comparison, include: a.Publication method of the CAFR b.Audit and budget information in the CAFR c.The type of audit report issued d.Existence or non-existence of an internal audit function within the government entity 2.Prepare the analysis for the selected local government entity, including information on the introduction, financial section, and statistical section prepared in the city of Austin’s CAFR from chapter 2. 3.Analyze the methods used by the selected local government entity in comparing...
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...Report This report shows several investment technique such as Payback Period, Profitability Index, Internal Rate of Return and Net Present Value in making a decision whether to accept the investment or not . Net Present Value (NPV) is the most accurate technique among all capital budgeting methods . If the project shows a positive net present value, the project shall be accepted. If the project shows a negative net present value, the project shall be decline. According to the result, the NPV for the entire project is $18,966,495.56. Internal Rate of Return (IRR) is the discount rate often used in capital budgeting that makes the net present value of all cash flows from a particular project equal to zero. Generally speaking, the higher a project's internal rate of return, the more desirable it is to undertake the project. As such, IRR can be used to rank several prospective projects a firm is considering. Assuming all other factors are equal among the various projects, the project with the highest IRR would probably be considered the best and undertaken first. Based on the case, the result shows a 28.16 % IRR which is 16.28 % more than the required rate of return, 12 %. If IRR is chosen as the method of valuation for this project, then this project should be accepted because the IRR is higher than the required rate of return. Profitability Index assumes that the cash flow calculated does not include the investment made in the project, a profitability index of 1 indicates...
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...Report 4 Siguiendo con la radiografía de nuestro país, la clase se compuse de dos secciones que mostraron distintos puntos de vistas de Chile. En la primera sección, la profesora invitada mostró las ventajas de Chile a nivel de foco para los negocios y en relación a su geografía en el sentido de cómo esta representa una ventaja competitiva para el mercado mundial, ya sea por los recursos naturales, variedad de climas, cambio estacional con el hemisferio norte, entre otras. La segunda sección se enfocó en mostrar el perfil del consumidor chileno y del mismo modo, como este valora y enjuicia a las distintas marcas que componen el mercado. Con respecto al primer bloque, cabe destacar las riquezas de Chile a nivel productivo, ya que es un país que posee una gran diversidad de climas mediante se avanza en su latitud y del mismo modo, sus cordones montañosos permiten que se genere un biombo climático que mantiene un clima estable y previene plagas y cambios bruscos de temperatura. También, el hecho que el país se encuentre en el hemisferio sur significa una ventaja competitiva muy grande, al producir bienes estacionales en periodos en que el hemisferio norte no posee, como es el caso de uvas, manzanas, duraznos, etc. Por otra parte la corriente marina de Humbolt es un fenómeno climático que permite que el país cuente con una riqueza marina y peces de aguas heladas, lo que ha permitido el cultivo de salmones en la zona más austral del país. En la zona norte se encuentra la presencia...
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...Euro Watch Company Report 1 ) The Euro Watch Company assembles expensive wristwatches and then sells them to retailers throughout Europe. The watches are assembled with two assembly lines with below specification: Line 1: Old equipment Less reliable Defect rate of 2% Capacity: 500 watches per hour Line 2: New equipment More reliable Defect rate of 1% Capacity: 500 watches per hour We need to find the smallest number of defected watches each line produces independently in a given hour with success rate of 99% The distribution is a binomial distribution since we have 500 independent and identical trials with a certain probability of success and we see a defected or non- defected option therefore in the excel file we should use the command BINOMDIST. Number of trials is 500 and for cumulative we should consider 1 as we want to have the probability of less than or equal to K defects. As we can see in below tables the smallest defected number that reaches the rate of 99% is 18 watches for line 1 and 11 defected for line 2, which is obvious since line 2 is newer, and with lower defect rate. line 2 99% 1% 500 Line 2 Line  line 1 Defect-free 98% Defective 2% Made watches per hour 500 Defected amount (k) Line 1 Defected amount (k) 0 0.0000 1 0.0005 2 0.0026 3 0.0098 4 0.0281 5 0.0652 6 0.1276 7 0.2175 8 0.3305 9 0.4567 10 0.5830 11 0.6979 12 0.7935 13 0.8667 14 0.9186 15 0.9530 16 0.9743 17 0.9866 18 0.9934 19 0.9969 20 0.9986 21 0.9994 ...
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...Resources |Listening |Reading |Class Reading |Writing |Final test 1 |Final test 2 | |Ex 1-2 Barrons |Test 1: |RP1 T1T3 (cam5) |task1 |Camb 6 test 1 |From old handbook | |numbers/letters |Cambr 7 test 1 |RP2 T1T2 (cam5) |macmillan (macarter) |Reading: | | |Ex.3 Camb 7 Section 1 |Test 2: |RP3 T4T1 (cam5) |task 2 |Camb 7 test 2 | | |Ex 4. Emotions Barrons |Cambr 7 test 4 |RP4 Mozart (macmillan) |Kaplan (celeb) |Writing | | |Ex. 4 |Test 3 |RP5 T4T3 (cam5) |simon |Chicken consumption | | |-camb 7 test 4 sect3 |Plus 2 (old) |RP6 T2T1 (cam6) |dcielts |(camb 7 test 2) | | |-sect 3 from previous |Test 4: | |Sample essays |Media essay | | |final test1 |Plus 2 (old) | |1 celebrities |(vocabulary for | | |Ex “time” “frequency” |Test 5: | |2 TV |ielts unit 19) | | |from barrons |Plus 2 (old) ...
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...Chapter 1 - Questions and Exercises Matching Part 1. 1. 2. Q 3. F 4. N 5. H 6. T 7. S 8. U 9. B 10. M 11. C 12. G 13. I 14. A 15. J 16. P 17. V 18. R 19. K 20. E 21. D 22. L 23. O 24. W Matching Part 2. 1. 1. B 2. C 3. E 4. F 5. A 6. G 7. D 8. H 9. I 10. J 11. K Matching Part 3. 1. 1. D 2. L 3. R 4. V 5. X 6. B 7. N 8. J 9. Y 10. K 11. S 12. Q 13. F 14. P 15. E 16. O 17. U 18. W 19. A 20. G 21. T 22. C 23. H 24. M 25. I Matching Part 4. 26. 1. J 2. B 3. D 4. I 5. M 6. N 7. O 8. K 9. H 10. A 11. E 12. G 13. F 14. L 15. C 16. True/False. 1. False. As a result of computers, fewer jobs are currently available in manufacturing than in service industries. 2. True. 3. False. Manual data processing does not use a computer. 4. False. Data consists of raw facts, while information consists of data that have been processed. 5. False. The smallest data unit that the computer can use is the bit. 6. True. 7. False. 1000.27 is an example of a numeric field. 8. True. 9. True. 10. True. 11. False. CPU refers to central processing unit. 12. False. Examples of input/output devices...
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...Exercises due Oct 1 The classic transportation problem. You as an employee of the Department of Homeland Security (DHS) are in charge of maintaining the readiness of emergency supplies at various distribution sites within a region that may be subjected to natural or human caused disasters. These supplies come from manufacturers located at other sites within a larger region. These supplies need replacing periodically, whether used or not. The problem you face each month is to determine how much of each kind of item needs to be shipped from each ‘supply or warehouse’ site to each distribution site given a varying demand depending on use and obsolescence. At the end of each month the shortage of each type of item at each customer site is sent to you. You also know the total amount of each type of item available at the supply or warehouse sites. Your job is to fill the demand (remove the shortage) at each distribution site at a minimum cost. a) This is what you know at the end of each month: The cost of shipping an amount of item type i (i = A, B) from a supply or warehouse site j to a distribution site k is C(i,j,k). The total amount of item type i at supply site j is S(i,j). The demand for an amount of item type i at distribution site k is D(i,k). Define a model that when solved will give you the least cost way of meeting the demands of all items at all distribution sites for any particular month, assuming the total supply available at all supply sites equals or exceeds the total...
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...免费下载-分享--Excel VBA 应用教程— 目 录 一、VBA语言基础 ...................................................................................................................1 第一节 第二节 第三节 第四节 第五节 标识符...................................................................................................................................1 . 运算符...................................................................................................................................1 . 数据类型...............................................................................................................................1 . 变量与常量............................................................................................................................1 数组.......................................................................................................................................2 . 第六节 注释和赋值语句....................................................................................................................2 第七节 书写规范...............................................................................................................................2 . 第八节 判断语句...............................................................................................................................2 . 第九节 循环语句...............................................................................................................................3 . 第十节 其他类语句和错误语句处理......................................................................
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...2012-2013 School Year Calendar July S 1 8 15 22 29 Walton County School District August S M 5 12 19 26 6 13 20 27 M 2 9 16 23 30 T 3 10 17 24 31 W 4 11 18 25 T 5 12 19 26 F 2012 S 7 14 21 28 T 7 14 21 28 W 1 8 15 22 29 T 2 9 16 23 30 F 2012 S 4 11 18 25 September S M T 2 9 16 23 30 3 10 12 W 5 12 19 26 T 6 13 20 27 2012 F S 7 14 21 28 1 8 15 22 29 6 13 20 27 3 10 17 24 31 3 10 17 24 4 11 18 25 1,2,3 7,9,10 8 13 New Teacher Orientation Pre-Planning Days Professional Learning Days First Day for Students Holiday/Labor Day 20 Days Progress Reports for Quarter l October S M 7 14 21 28 1 8 15 22 29 T 2 9 16 23 30 W 3 10 17 24 31 T 4 11 18 25 F 2012 S 6 13 20 27 November S M T 4 11 18 25 5 12 19 26 6 13 20 27 W 7 14 21 28 T 1 8 15 22 29 2012 F S 2 9 16 23 30 3 10 17 24 December S M T 2 9 16 23 30 3 10 17 24 31 4 11 18 25 W 5 12 19 26 T 6 13 20 27 2012 F S 7 14 21 28 1 8 15 22 29 5 12 19 26 5,8 8 8 9 12 22-26 29 8-Week Exams 40 Days End Quarter I (40 Days) 1st Day Quarter ll (40 Days) Teacher Workday/ Student Holiday Fall Break Report Cards Issued for Quarter l 12 14 16 19-23 Holiday/Veterans' Day 60 Days Progress Reports for Quarter ll Holidays/Thanksgiving 18,19 19 19 20-31 Exam Days 80 Days End Qtr ll (40 Days)/End Semester l Winter Break January S M 6 13 20 27 1,2 3,4 7 11 21 T 1 8 15 22 29 W 2 9 16 23 30 T ...
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...East, Suite 100 Draper, Utah * * * Wade J. Van Tassell - Certified Realtime Reporter Registered Merit Reporter DepomaxMerit Litigation 801-328-1188 Wade J. Van Tassell July 3, 2014 Card v. American National Property and Casualty Spencer E. Richards Page 2 APPEARANCES For the Plaintiff: Kenneth L. Christensen Matthew Hansen Jake Lee CHRISTENSEN & HYMAS 11693 South 700 East, Suite 100 Draper, Utah 84020 For the Defendant: Sade A. Turner STRONG & HANNI 102 South 200 East, Suite 800 Salt Lake City, Utah 84111 Also Present: (Via Telephone) Dorothy Clay Sims Oregon Hunter Page 4 *** INDEX EXAMINATION By Mr. Christensen By Ms. Turner By Mr. Christensen PAGE 3 132 157 EXHIBITS No. 1 No. 2 3-19-14 Ltr, Turner to Richards 11-14-13 Deposition Transcript Excerpt 86 86 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Page 3 Uh-huh. MS. TURNER: Mr. Christensen, these are the medical records because we didn't print them all out. MR. CHRISTENSEN: I figured. And you had sent me those, but I appreciate you bringing them. We might open them up and refer to them, actually. Q. Did you happen to have in your file your billing for your services at all? A. No. Q. And why is that? A. My wife takes care of that so I don't keep a record with me of billing. Q. How does she typically do that? MS. TURNER: Objection. Foundation. Answer it if you know. A. I give her the hours that I spent working on the case and then she sends an invoice. Q. And where is the documentation...
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...audit report on March 1, 1998, ten days before the annual board of directors meeting. Bert, the manager from Goodman & Goodman in charge of the Toys City engagement, recalls that last year there was a 25 percent budget overrun. He attributes one-third of the overrun to unforeseen circumstances and the remaining two-thirds to poor planning. He estimates that poor planning resulted in approximately 130 hours and $3,400 in audit fees that were not billed to Toys City. In an effort to avoid another costly overrun, Bert wisely decided to devote more time to audit planning. By talking to various people, Bert learns that a project management technique known as Critical Path Method (CPM) could assist an auditor in sequencing all audit detail work (including work requested from client personnel), efficiently allocating personnel resources, highlighting potential audit bottlenecks, estimating completion time, determining the probability of meeting a completion deadline, and providing a framework for relevant feedback and control as the audit progresses. Thus, he decides to spend an additional 17 hours planning this year's audit, including computer setup and analysis time, using CPM. Audit planning During the slow month of August 1997, Bert and Craig, the senior-in-charge of the Toys City engagement, analyzed the audit plan for Toys City. After a careful study, 22 audit areas are identified and budgeted hours for various levels of auditors are estimated (Exhibit 1). The...
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...Organized by Institute of Architects Bangladesh (IAB) &Dhaka Electric Supply Company Limited (DESCO). ARCHITECTURAL CONTRIBUTION Competitions are a unique way to provide opportunity to the architects for experimentation, brain storming, thought provocation and creativity. It is a motivation for architects to search answers for their questions, build‐up their understanding about society, human being, context, economy etc., and thus reflecting their thoughts in to physical environment through architectural depiction. Entrants are free to explore as far as they are willing to push the bar set out for the competition, but not breaking them, to avoid disqualification. Page. 1 Open Architectural Design Competition for the Design of DESCO Head Office Building ABOUT DHAKA ELECTRIC SUPPLY COMPANY LIMITED (DESCO) HISTORY In the prevailing socio‐economic and political environment it is a great challenge in earning customer confidence for a public sector utility company In Bangladesh. But despite all realities and confronting all challenges, Dhaka Electricity Supply Company Ltd (DESCO) is committed to achieve the distinction of the leading most company in the context of earning customers confidence. The emergence of electricity use in our part of the world where Bangladesh...
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