Rating
AUDIT AND ACCOUNTS
Audit and Accounts
Audit and Accounts
Limitations of the Internal Control System
The internal control system should be designed to detect and prevent fraud, errors and omissions, and material misstatements, but it can only provide reasonable assurance that the financial statements are free from material misstatements.
Against major and complex ...
Rating
COMPETITION BIKES
Competition Bikes Inc. Canadian Expansion
Competition Bikes Inc. Canadian Expansion
Recommendation
In looking at the opportunity to expand into the Canadian market, it is best to assess your current financial position and then make sure that you are utilizing the best method to finance this expansion. In looking at the options ...
Rating
BUDGETS
Competition Bikes Inc.
Competition Bikes Inc.
Budget Concerns
Sales Budget
Sales budget reflect the forecast made by the marketing department on the number of units that will be sold in the period under review (Vashisht, 2006). The sales department of Competition bikes Inc. has estimated to sell 3510 units in the year 9. ...
Rating
Corporate Taxation
Introduction
In my opinion Harold Johnson and all other co ventures should go for limited liability company structure when considering his co venture as the procedures to form a Limited Liability Company, are simpler than those of a corporation (limited company or corporation).
Tax benefits
A corporation is taxed on ...
Rating
NEW CENTURY FINANCIAL CORPORATION
New Century Financial Corporation
Abstract
This paper is aimed to analyze the performance of New Century Financial Corporation's internal accounting control systems. The primary business risks of NCF are credit risk, market risk and operational risk. These are affecting various financial reporting items including repurchase reserve, residual interest ...
Rating
ACCOUNTING PROCEDURES
Accounting Procedures
Accounting Procedures
Introduction
Current liabilities are those obligations that are due within one year or the current operating cycle whichever is longer. Current liabilities are paid from current assets or the addition of other current liabilities.
The principal types of current liabilities are those known liabilities of a definite amount, ...
Rating
Accounting Career
Introduction
Those who love numbers and who are highly organized may be interested in pursuing a career in accounting. There are several different careers within this field from being a Certified Public Accountant to being a financial analyst. To this end, accounting degrees help students launch their careers in many ...
Rating
FINANCIAL STATEMENT FRAUD
Financial Statement Fraud Report for Waste Management Company
Financial Statement Fraud Report for Waste Management Company
Description of the Case
Waste Management, Inc. is a North American public company with operations in solid waste management, environmental services, and comprehensive waste disposal. During 1997-1998, the company encountered a serious accounting ...
Rating
SUTTER HEALTH
Sutter Health
Sutter Health
Sutter Health Care Case Analysis
With the current recession, health care organizations have seen in increase in the inability to collect debt from self-pay, uninsured, and underinsured patients. This has caused a struggle on the organization to meet operational margins, and profits. There are a number of ...
Rating
MANAGEMENT ACCOUNTING
Management Accounting
Table of Contents
Part 1: Caustic Soda Solutions3
Introduction3
Cost Implications4
Relevant Costs and Non Relevant Costs4
Part 2: Application of Management Accounting Techniques6
Caterpillar6
Overview6
Business Model7
Product Portfolio7
Management Accounting Techniques7
Activity Based Costing7
Budgeting8
Cash Flow9
Conclusion9
Management Accounting
Part 1: Caustic Soda Solutions
Introduction
The study is related to the Caustic Soda Solutions which sells various products for which the company ...