Showing 667–675 of 1965 results
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Topic 2: Critiquing Current Accounting Research
$7.00Topic 2: Critiquing Current Accounting Research
In the next couple of days after your tutorial you will need to complete an amount of independent research that expands on your brief tutorial discussion and provides evidence to answer the following question:
“How has research, in our discipline of ‘accounting’, assisted to enhance and develop society?”
You might like to discuss or think about some of the following:
- The nature of the business environment and whether this is conducive to such research developments?
- You may consider whether accounting research has in fact enhanced or developed society?
- The nature of accounting research and how this has developed over time?
- Some of the greatest developments that have occurred in accounting?
- Limitations that are placed on accounting research through the profession, employers, society, the regulatory and political environment, accounting standard setting bodies etc.
In undertaking your independent research you may find the following bullet points of assistance to further stimulate your thought processes:
- You might find conducting a general Google search as a good starting point to access information but remember you will need to filter and analyse this information carefully based on the above question.
- Consult with the university library and its array of search options to review accounting research journal articles/ texts that may prove useful to review.
- A secondary resource that makes for an interesting read is your recommended text ‘Double Entry’ by Jane Gleeson-White (see unit guide for more details). This may prompt ideas and reflections.
- You may like to try to source practical examples of such research, through employers, the accounting profession, the ‘big 4’ websites, professional bodies websites (ICAA, CPA, CIMA), IASB website, local and international newspapers.
A written response (500 words maximum) to the question outlined above that provides documentary evidence to support your statement (attach examples to your written response). Your evidence may take different forms i.e. newspaper articles, excerpts from websites, research journal articles, professional body websites etc, but should support what you are discussing in your statement to address the question and reinforce any example you may have provided.
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Retail Logistics Paper
$49.00Using your knowledge of Retail Logistics make an assesment of the likely chances of Amazon being succesful in the same day delivery grocery business. What are Amazon’s relative strengths and weaknesses compared to a bricks and mortar network like Wal Mart? In addition to same day delivery what other changes to Amazon’s value chain would you reccomend?
4 Pages, Single Spaced
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Contemporary Issue in Accounting 2014
$45.00! This+assignment+may+be+completed+in+groups+of+up+to+3+students.++Groups+are+not+ compulsory+and+students+are+welcome+to+make+individual+submissions+
Topic:+ Positive+accounting+theory+–+contracting+theory+
! Background! Contracting!theory!characterises!the!firm!as!a!legal!nexus!of!contractual!relationships! organizing!economic!activity!to!reduce!contracting!costs.!!An!agency!relationship!arises!from! a!contract!where!one!party!(the!principal)!engages!another!party!(the!agent)!on!their!behalf.!! One!of!the!most!significant!agency!relationships!is!that!between!managers!and! shareholders,!whereby!the!separation!of!ownership!and!control!means!that!managers,!as! agents!of!shareholders,!can!act!in!their!own!interests!–!many!of!which!may!not!be!in!the! interests!of!the!shareholders.!
There!are!a!number!of!problems!that!can!cause!differences!in!shareholders’!and!managers’! incentives!regarding!company!policies,!including!the!risk!aversion!problem!and!the!horizon! problem.!
The!task!
The!accounting!firm!for!which!you!work!has!a!number!of!clients!who!are!interested!in!salary! packaging!options!for!their!senior!executives.!!A!major!component!under!consideration!is! bonuses!–!shortRterm!cash!bonuses!and!longerRterm!equity!bonuses.!
You!are!required!to!compile!a!report!for!management!of!your!accounting!firm,!which! addresses!the!issues!outlined!below.!!The!report!must!offer!practical!information,!but!also! outline!the!theoretical!perspectives!mentioned!in!the!specific!questions.!!You!are!not! required!to!provide!any!recommendations!in!relation!to!salary!packaging,!as!your!report!will! be!used!by!management!to!provide!betterRinformed!advice!to!clients.!
The!article!below!provides!some!useful!discussion!in!relation!to!this!issue!–!although!it!was!
published!in!2007!it!is!no!less!relevant!today.!
! The!issues!that!your!report!must!address!are:!
1.!One!of!the!problems!in!the!shareholder/manager!agency!relationship!that!pay!contracts! are!designed!to!overcome!is!the!risk!aversion!problem.!Outline!what!the!problem!is,!and! how!the!contract!between!managers!and!shareholders!can!be!designed!to!reduce!risk! aversion.!
2.!How!does!equity!as!a!pay!component!work!to!reduce!the!horizon!problem?!What!role,!if! any,!does!accounting!information!play!in!specifying!the!contractual!terms!of!bonus!plans! designed!to!reduce!the!horizon!problem?!
3.!The!article!discusses!a!range!of!nonRsalary!components!that!are!contained!within!the!
management!compensation!packages!of!topR100!companies.!What!is!the!purpose!of!
including!nonRsalary!components!in!executive!pay!arrangements?!
4.!Why!would!managers!prefer!shortRterm!cash!over!longRterm!equity!bonuses?!Why!does!
this!not!align!with!shareholder!interests?!!
5.!Shareholders!of!Australian!entities!have!the!ability!to!vote!to!show!either!their!support!or! dissatisfaction!with!companies’!remuneration!reports.!While!this!is!nonR!binding!on!the! Board,!they!are!obliged!to!take!note!of!shareholders’!views.!Explain!why!shareholders!might! choose!to!vote!against!reports!with!too!high!a!proportion!of!pay!as!shortRterm!cash!bonuses! rather!than!longRterm!incentives.!
Pay+backlash+prompts+shift+to+bonuses+
By!Patrick!Durkin!
Boards!of!topR100!companies!are!paying!their!chief!executives!larger!annual!cash!bonuses!to! avoid!an!embarrassing!investor!backlash!over!pay,!experts!say.!
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Financial Accounting, GST, Income Statement
$30.00Assignment instructions:
There are three parts to this assignment. Please answer each part separately in your own words. You should use the text book and other sources to help you as well as the articles provided. These should be appropriately referenced.Part A
The Nguyen family is just about to open a new restaurant. They invested $200,000 of their own money and also got a $200, 000 bank loan. They bought an old house for $280,000 and spent another $50,000 renovating it. They have also bought second hand tables and chairs and other furniture for $20,000. Kitchen equipment cost $8,000 and a computer for the business cost $2000.
The bank requires a report on their activities before they open to the public. The Nguyens reviewed their bank statement which showed a cash balance of $40,000. They are pleased with the profit they have made and prepare the following income statement for the bank:
Nguyen Restaurant
Income statement
For the six months ended 30 June 2012
Revenues
Investment by owner $200,000
Bank loan 200,000
Total revenues 400,000
Cost of the house 280,000House renovation expenses 50,000
Furniture expense 20,000
Kitchen equipment expenses 8,000
Computer expenses 2,000
Total expenses 360,000
Profit 40,000
If you were the bank that received this report what would be your comments?
Include answers to the following questions in your comments:
- Would you congratulate them on their profit? Explain why or why not.
- Is cash the same as profit? Explain
- Is the income statement prepared properly? If not, please explain and prepare appropriate financial statements.
Part B
You should use the In The Black(ITB) article on GST, Chapter 5 of your text book and at least one other resource to help you answer the following questions:
- What is GST and how does it work?
- Why was it introduced into Australia?
- Is this similar to other countries? – give at least 2 other examples of countries with GST.
- Summarise the arguments for changing GST from the ITB article. Then give your opinion as to what you think should happen and why.
Part C
You should use the In The Black (ITB) article on Intangibles, Chapter 10 of your text book and at least one other resource to help you answer the following questions:- What are intangibles ?
- Give 3 examples of intangible assets.
- How are they recorded for accounting purposes?
- Which Accounting standard applies to Intangibles?
- What does the ITB article say about recording and valuing software as intangibles? Summarise the arguments, then give your opinion.
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Financial Management & Analysis
$39.00Financial Management & Analysis – Date Instructions: a) Pay a resit fee to the Accounts Department
b) Submit to the resit link for the above module – you cannot do this if you have not paid your resit fee
Assignment Question
FINANCIAL STATEMENTS ARE PREPARED AND PRESENTED TO THEIR USERS/STAKEHOLDERS FOR PLANNING, CONTROL AND DECISION-MAKING PURPOSES.
REQUIRED:
- COMPARE AND CONTRAST THE INFORMATION PROVIDED BY THE THREE MAIN FINANCIAL STATEMENTS. (15%)
- A CRITICAL EVALUATION OF THE INFORMATION NEEDS OF FOUR NON-MANAGEMENT USER GROUPS. (60%)
- THE FINANCIAL STATEMENTS PREPARED BY QUOTED COMPANIES MUST COMPLY WITH A VARIETY OF REGULATIONS. DISCUSS THE MAIN SOURCES OF THESE REGULATIONS AND HOW THEY IMPACT ON THE PREPARATION OF THE ACCOUNTS. (25%)
Word Limit: 2000 Words
Assessment
The assignment will be assessed as follows:
Presentation and structure 10%
Content 40%
Use of theory 30%
Recommendations/conclusions 10%
References (Number & Variety) 10%
END OF ASSIGNMENT
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Flame Fixtures, Inc. Case Study Business Application of Purchasing Power Parity
$15.00Unit III Case Study
Flame Fixtures, Inc. Case Study
Business Application of Purchasing Power Parity
Flame Fixtures, Inc. is a small U.S. business in Arizona that produces and sells lamp fixtures. Its costs and revenues have been very stable over time. Its profits have been adequate, but Flame has been searching for a means of increasing profits in the future.
It has recently been negotiating with a Mexican firm called Corón Company, from which it will purchase some of the necessary parts. Every three months, Corón Company will send a specified number of parts with the bill invoiced in Mexican pesos. By having the parts produced by Corón, Flame expects to save about 20 percent on production costs. Corón is only willing to work out a deal if it is assured that it will receive a minimum specified amount of orders every 3 months over the next 10 years, for a minimum specified amount. Flame will be required to use its assets to serve as collateral in case it does not fulfill its obligation. The price of the parts will change over time in response to the costs of production. Flame recognizes that the cost to Corón will increase substantially over time as a result of the very high inflation rate in Mexico. Therefore, the price charged in pesos likely will rise substantially every three months. However, Flame feels that, because of the concept of purchasing power parity (PPP), its dollar payments to Corón will be very stable.
According to PPP, if Mexican inflation is much higher than U.S. inflation, the peso will weaken against the dollar by that difference. Since Flame does not have much liquidity, it could experience a severe cash shortage if its expenses are much higher than anticipated. The demand for Flame’s product has been very stable and is expected to continue that way. Since the U.S. inflation rate is expected to be very low, Flame likely will continue pricing its lamps at today’s prices (in dollars). It believes that by saving 20 percent on production costs it will substantially increase its profits. It is about ready to sign a contract with Corón Company.Guidelines for Case Study: For this assignment you are to evaluate the mini case study. The central issue in your analysis should be to describe what the case tells us about the theory and practice of International Finance Management.
In analyzing the case, you should draw upon class readings, internet resources as well as personal experiences that may be relevant. Some general questions that you may want to consider include the following:• What are the issues?
• Who are the actors?
• What are the organizational forces?
• What are the external forces?
• What theoretical perspectives or models help you understand what happened in the case? How?
• What does the case tell us about: The environment within which International Finance occurs? The nature of the International Finance Management system and the policy making process? The decision making process? Leadership and management? Administrative ethics?
• What recommendations would I make?
• How would I propose to do things differently?Once you have thoroughly analyzed the Case Study, you should compose a minimum three-page response with appropriate APA citations.
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You are an Entrepreneur Assignment
$35.00Student life does not generally afford a great deal of free time to pursue your personal interests; however, at one point, you may have considered turning a personal interest or hobby into an official enterprise. Today, you have finally decided to turn that hobby into a business but have realized that you need start-up capital from a lender or investor.
To obtain funding, you need to convince a lender / investor that your business is more than a hobby. You need to demonstrate that you have a firm grasp of your business, the accounting practices that impact your business, the controls needed to safeguard assets, and which accounting system will produce accurate and relevant financial information.
Develop a Business Plan
1.Describe the type of business you have created including:
a. The product or service, and general staffing plan. Provide a rationale for your plan.
b. The form of your business and the benefits it offers your particular business,
c. A chart of accounts specific to your business, including a rationale as to the selection of each account. (Note: The chart of accounts is a blueprint of your business for the lender/investor. It should report the expected resources that you will consume in your business (assets), the sources of those resources (liabilities and equity), the sources of revenue, and expenditures that you expect to incur to earn those revenues. You may build a detailed chart that includes business units, divisions, product lines, etc.)
2. Based on the form of your business, analyze whether or not you will be required to use Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS) accounting methods and how the IFRS / GAAP convergence will impact your business. Suggest how you will incorporate any changes into your books and records. (Note: You need to demonstrate to the lender/investor that you have recognized possible changes to GAAP that may impact the accounting and reporting of your accounting events.)
3. Prepare a pro forma balance sheet and income statement providing the assumptions made and support the valuations assigned.
4. Considering the value of assets (assigned per your balance sheet) used within your business, recommend two (2) specific internal controls that you will implement to protect your company’s assets and resources, justifying how each will provide assurances to management. (NOTE: Safeguarding assets and protecting personal data are paramount to ensuring the viability of a business. Demonstrate to the lender/investor that your assets will be safeguarded and customer information (if applicable) will be protected.)
5. Based on the internal control recommendations that you made, suggest how you will implement each within your business environment, indicating how challenges or resistances will be overcome.
6. Evaluate the impact of the regulatory environment, including the Sarbanes-Oxley Act and other regulatory requirements, on your business venture, giving considering to how you intend to comply with the requirements and the general impact to decision making within your business.
7. Use at least four (4) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources.
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Of the three primary statements, which one is the most important
$10.00We have now covered the three major financial statements – the Income Statement, the Balance Sheet, and the Cash Flow Statement. We have identified the formats of the statements and we have covered in some detail the different items specifically presented in each. Furthermore, we have begun to cover the tools available to us to help us interpret and analyze the statements. Knowing what you now know of the statements, so please review in your minds all that we have discussed thus far in this course as it relates to the statements and respond to the following:
First – of the three primary statements, which one is the most important or most beneficial to analysts and WHY?
Second – keeping in mind what you will discuss relative to Section 6 of the Research Project Assignment, what are the major items or information that each of the three statements convey to us and what will you focus on relative to these three primary financial statements in Section 6 of your research effort?
(For this, try to think as an analyst – why do we read the statements and what do we hope to learn from each one? Remember, analysis is all about looking at observations we make relative to the statements and then asking the question WHY? or SO WHAT?)
In addressing this discussion, think about KROGER as a company and what you see as the more important issue or issues you have observed thus far relative to each statement. -
Case Study Red Bull
$7.00A Can of Bull?
Do Energy Drinks Really Provide a Source of Energy?Please read this document carefully and then submit the assigned task as an assignment, and it should include
1.”Post research analysis” information (column section)
2. All eleven (11) questions answered.
3. Write an evaluation of the marketing claims for your drink. Your task is to research each ingredient found in these energy drinks. Web sources may provide valuable information, but be critical in their use. Many will make unsubstantiated claims. One that can get you started for basic information is http://www.chemindustry.com. Basic information can also be garnered from http://www.usda.gov/wps/portal/usdahome —click on the “Food and Nutrition” link. Determine the chemical structure, the type of chemical each is, and the physiological role played by each compound. You should have sufficient information to answer Charley’s list of questions as well as the additional questions listed below. Fill out the table and answer the questions. Please cite any websites that you used in your analysis.
Questions:
1. When we say that something gives us “energy,” what does that mean? What is a biological definition of energy?
2. What is the physiological role of each of the molecules in your table?a. Which ingredients provide energy? How do they do that?
b. Which ingredients contribute to body repair, i.e., which help build or rebuild muscle tissue?
3. In what ways might the one(s) that does (do) not have a metabolic energy source (caff eine) provide the perception of increased energy after consumption?
4. How are the ingredients in these drinks helpful to someone expending a lot of energy, e.g., a runner?
5. Does your analysis substantiate the claim that this is an “energy drink”? If so, what molecules are the sources of energy?
6. Could your drink serve different purposes for different consumers? Explain.
7. What is the normal physiological response to increased intake of sugars? to increased intake of caff eine?
8. Is there such a thing as a “sugar high”? Explain your answer.
9. Evaluate, in terms of basic physiology and biochemistry, the statement: A lack of sleep causes a lack of energy.
10. Are the product claims legitimate? Why?
11. Should you simply buy a can of Coke® rather than one of these energy drinks? Why/why not?Additional Files: