Why are or should accounting and financial reporting standards be different between government and for profit organizations?

Why are or should accounting and financial reporting standards be different between government and for profit organizations?

SAC has developed revolutionary manufacturing techniques utilizing its new spark plug manufacturing technology to offer special order spark plugs for the auto racing industry. The company is currently using process costing for its spark plugs but is considering using job order costing for the new specialty spark plugs. How does job order costing differ from process costing? Should SAC use process or job order costing for the specialty spark plugs? Make a recommendation for SAC. Be sure to fully back up your recommendation.

SAC has developed revolutionary manufacturing techniques utilizing its new spark plug manufacturing technology to offer special order spark plugs for the auto racing industry. The company is currently using process costing for its spark plugs but is considering using job order costing for the new specialty spark plugs. How does job order costing differ from process costing? Should SAC use process or job order costing for the specialty spark plugs? Make a recommendation for SAC. Be sure to fully back up your recommendation.

Corporate executives are pressured between conflicting interests of internal and external stakeholders. Provide a specific example of such a conflict. How can the conflict best be resolved?

Corporate executives are pressured between conflicting interests of internal and external stakeholders. Provide a specific example of such a conflict. How can the conflict best be resolved?

Which provision of SOX do you think will have the most profound effect on improving the quality of financial reporting and why?

Which provision of SOX do you think will have the most profound effect on improving the quality of financial reporting and why?

Describe a recent development in the Investment Banking industry. What implications might this development have for the Business Analysis Department where you intend to join?

Barclay Capital s Edge over Competitors; Recent development in the banking industry

How does Barclays Capital differentiate itself from its competitors?

Describe a recent development in the Investment Banking industry. What implications might this development have for the Business Analysis Department where you intend to join?

What is an example of an internal user and an external user? How could he or she be harmed by fraudulent and unethical financial statements?

What is an example of an internal user and an external user? How could he or she be harmed by fraudulent and unethical financial statements?

1.What is the characteristics of assests from an accounting persectives? 2. What is meant by net realisable value and how does this practice related to the historic cost and prudence conventions? 3. Why is goodwill recorded only when it is external acquired ?

1.What is the characteristics of assests from an accounting persectives? 2. What is meant by net realisable value and how does this practice related to the historic cost and prudence conventions? 3. Why is goodwill recorded only when it is external acquired ?

When activity based costing is used, why do manufacturing overhead costs often shift from high volume products to low volume products? What type of costs should not be assigned to products in an ABC system?

Why do manufacturing overhead costs shift from high to low volume products?

When activity based costing is used, why do manufacturing overhead costs often shift from high volume products to low volume products? What type of costs should not be assigned to products in an ABC system?

As a manager, you feel it is important for the new hires to understand the reasons for the development of IFRS. Your new hires have been discussing the legal systems contribution to the accounting rules of different countries.

As a manager, you feel it is important for the new hires to understand the reasons for the development of IFRS. Your new hires have been discussing the legal systems contribution to the accounting rules of different countries.

Explain at least 2 causes or reasons for international differences in accounting.
Compare the accounting systems in 2 countries with differing legal systems. Explain why each country s system is the way it is.
Highlight the similarities and differences between the 2 countries sets of accounting systems.

)In what ways can management accountants enhance the performance evaluation procedures in organizations? Should performance evaluation be based on numerical values or qualitative data?

1)How are managerial accounting concepts useful for a decision maker at any level in an organization? Make sure to include different levels of decision makers in your reply.

2)In what ways can management accountants enhance the performance evaluation procedures in organizations? Should performance evaluation be based on numerical values or qualitative data?

3)What do you see as the major impediments to effective budgeting in organizations? Why?

4)How relevant should allocated costs be in product costing decisions? Why?

5)What are the major benefits of using transfer pricing in organizations? What are the disadvantages?

Zhdanov Inc. forecasts that its free cash flow in the coming year, that is, at t = 1, will be $10 million, but its FCF at t = 2 will be $20 million. After Year 2, FCF is expected to grow at a constant rate of 4% forever. If the weighted average cost of capital is 14%, what is the firm s value of operations, in millions?

Zhdanov Inc. forecasts that its free cash flow in the coming year, that is, at t = 1, will be $10 million, but its FCF at t = 2 will be $20 million. After Year 2, FCF is expected to grow at a constant rate of 4% forever. If the weighted average cost of capital is 14%, what is the firm s value of operations, in millions?

Distinguish between capital project funds and debt service funds. How are they related and how are they different? What are the main types of transactions accounted for in debt service funds?

Distinguish between capital project funds and debt service funds. How are they related and how are they different? What are the main types of transactions accounted for in debt service funds?

In regards to retirement fiduciary funds: Compare and contrast defined contribution and defined benefit plans including differences in how they are accounted for in fiduciary funds.

In regards to retirement fiduciary funds: Compare and contrast defined contribution and defined benefit plans including differences in how they are accounted for in fiduciary funds.

How does GASB/FASB apply to proprietary funds?

How does GASB/FASB apply to proprietary funds?

Discuss human information processing research and the consequences of its findings on accounting.

1. Compare and contrast the deductive, inductive and pragmatic research methods.

2. Discuss human information processing research and the consequences of its findings on accounting.

3. Describe all sources of accounting information that could contribute to an investor s decision to buy, hold or sell a stock.

4. Evaluate the sources just described and explain which is most important to a buy hold sell decision and why.

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