Accounting Standards Boards Sharon Little ACC 541 Marina Layvand May 27, 2013 The FASB, Financial Accounting Standards Board was created in 1973 when the APB, Accounting Principles Board, was abolished. The FASB focuses on accounting standards in the United States. The board established the Generally Accepted Accounting Principles, or GAAP, emplyed by financial accountants in the United States. It also establishes
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Caltron Electronics, Inc. Reporting ACC 541 – Accounting Theory and Research April 22, 2013 MEMORANDUM To: Scott Calvin, Chief Financial Officer From: Chief Financial Analyst Subject: Peale, Gower & Quill Audit Report Date: April 22, 2012 Issue Results of the audit report prepared by Peale, Gower & Quill raised concern’s regarding four transactions and revenue recognition. Transactions in question involve Unix-based, high power minicomputers causing a total market capitalization
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Caltron Case University of Phoenix ACC/541 Accounting Theory and Research Week 5 Marina Layvand 21 July 2008 To: Caltron Computers, Inc. From: Peale, Gower and Quill Date: 21 July 2008 Subject: Revenue Recognition Issues There are many different sources for rules and regulations coming from different accounting boards. They are created to ensure every company reports their financial statements properly and that each transaction is in accordance with the generally accepted
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| | | | equipment………………………………………… |12,229 | | |Computer and electronic equipment……………. |28,159 | | |Vehicles……………………………………………….
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Excellence in Financial Management Course 12: Competitive (Part Intelligence (Part 2 of 2) Prepared by: Matt H. Evans, CPA, CMA, CFM This course provides more in-depth coverage about competitive intelligence – specific techniques and models used as well as CI Systems. Before taking this course, you should complete Part 1 of this course. This course is recommended for 2 hours of Continuing Professional Education. In order to receive credit, you will need to pass a multiple-choice exam which
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