Financial Reporting Problem, Part 1 XACC/290 Financial Reporting Problem, Part 1 I chose to use the company I work for to complete this assignment. It gives me a better insight as to how the company does financially. Although this is nationally and while it does include what my particular shop contributes it is a total combination of all the company owned shops as well as franchised shops. Dunkin Donuts is a well know coffee, donut and pastry shop, with shops throughout the U.S. and abroad
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Financial Reporting Problem Part 1 Matt Johnson XACC/290 August 10, 2014 Joan Gapp Financial Reporting Problem Part 1 After looking at many companies on the internet and looking at their financial statements, I choose Walgreens. Walgreens is the nation’s largest drugstore chain. When you look at the financial statements you will see why they are the largest drugstore chain in the nation. The amounts that will be in this report will be in millions of dollars, except for shares and
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THE EFFECTS OF TECHNOLOGY ON THE ACCOUNTING PROFESSION PAPER JEANETTE SANDERS XACC/210 JUNE 8, 2014 RICHARD VINCENT Abstract THE EFFECTS OF TECHNOLOGY ON THE ACCOUNTING PROFESSION PAPER Thirty years age most financing accounting was done by hand, which indeed left a long paper trail. “Currently, most accounting information is recorded via computers and wide area networks (Journal of Accountancy, 1994). Technology has changed the face of accounting over the last fifty years. It is
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Internal Controls Name XACC/280 September 4, 2011 Instructor Internal Controls Internal controls are used to help companies reach their goals and different objectives. On a basis of transactions, internal controls are actions which are taken to complete certain objectives set out. In my paper I will be discussing two primary goals of internal controls, the effects on internal controls caused by the Sarbanes-Oxley Act of 2002, stock price drop due to internal control deficiencies, and internal
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PepsiCo Publicly Traded Company Marcella Holloway XACC/290 Principles of Accounting I October 3, 2015 Instructor, Eileen Matson •What are the company’s total assets at the end of its most recent annual reporting period? Why is this important? PepsiCo total assets at the end of June 30, 2015 was $72.26 billion. www.ycharts.com/companies/PEP/assets A company’s total asset is important, it allows for the company to be able to account for total assets for the shareholders of the company.
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XACC/291 – Week 2 Assignment Thank you for using ACCNerd.com! Don’t hesitate to contact us if you have any questions or need additional help with this assignment. Complete Exercises E9-1, E9-7, & E9-12 and P9-7B E9-1 (A). The cost principle states that assets must be recorded at the cost at which they were acquired. Although plant assets can fluctuate in fair market value, their book value will remain consistent. Companies must compute the total deprecation of the asset and allocate
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Internal Controls Megan Mitchell March 14, 2013 XACC/280 Paul Gomez Internal Controls 2 In order to maintain a company’s security and accuracy, a company will take all related measures and measures adopted within an organization in the form of internal controls. Internal controls are an essential way to maintain conformity with other company’s, to safeguard assets from employee theft, robbery and unauthorized use, and enhance accuracy and reliability of it’s
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Ratio, Vertical, and Horizontal Analysis CheckPoint Stacy J. McKinney XACC/280 August 10, 2012 Benjamin Strickland Ratio, Vertical, and Horizontal Analysis CheckPoint The three tools used in Financial Statement analysis include: Horizontal analysis, Vertical analysis, and Ratio analysis. While both Horizontal and Vertical analysis can be used on any of the four types of financial statements, ratio analysis compares various aspects within the different statements. Horizontal analysis, or as
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Financial Reporting Problem, Part 1 Robert C. Reanolds XACC/290 Sunday, July 5, 2015 Jehnseen. C. Financial Reporting Problem, Part 1 I have selected to use the financial reporting submitted by Earthlink, Incorporated for the year ending December 31, 2014. The NASDAQ Global Market symbol of “ELNK” can locate the organization for its common stock traded through the Global Market and a New York Stock Exchange code number 1467. The last reported sale price for Earthlink’s common stock was
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Annual Report Part 2 ReNa Bailey XACC/290 July 12, 2015 Donna Adams Annual Report In this portion of Kellogg’s annual report, we will review the assets that are included under the company’s current assets, how the company’s assets are classified, what the cash equivalents are, what the total liabilities for the closing and previous periods are, and determine what information is important for investors, creditors and employees. This information will allow us to access what state the company is
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