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Accounting

Explain why “stealing inventory” is one of the most interesting fraud schemes committed by an employee.

Please explain why “stealing inventory” is one of the most interesting fraud schemes committed by an employee. Provide a short explanation as to what it is and why you find it interesting.

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Accounting

Identify how the accounting standard are set in that country.

Select one of the following foreign countries: China, Germany, Japan, Mexico or the United Kingdom, and provide a country profile discussing the topics outlined below. In addition, using EDGAR (http://www.sec.gov/edgar.shtml), find the non-U.S. GAAP financial statements for a company from that country.
Prepare a 4-5 page analysis of the country you chose discussing the following:
Compare the accounting profession in your selected country including professional conduct rules.
Identify how the accounting standard are set in that country.
Identify two financial reporting standards that differ from those of U.S. GAAP.
Identify national characteristics unique to the country that influence accounting.
For the two financial reporting standards identified in your paper, use Excel to create an applicable supporting schedule that provides an example of the adjustments that would need to be made to your foreign company’s financial statements for it to comply with U.S. GAAP. Cite all sources using APA Format.

Categories
Accounting

Beyond earnings what would be appropriate accounting metrics or measures to analyze and assess the performance of Apple in comparison to similar companies?

INSTRUCTIONS:
You receive a call from an Apple investor who asks you the following questions:
1) Why does Steve Jobs believe that the non-GAAP revenue numbers reported by
Apple are a better measure of its iPhone sales than the revenues reported under
U.S. Generally Accepted Accounting Principles (GAAP)? Ensure you explain the
differences in the measurement of Apple’s revenue under GAAP vs non-GAAP as
proposed by the company.

2) Does it matter in assessing the performance of Apple if how revenue is
recognized under GAAP for the sale of smartphones changes to reflect what the
company proposes? Why or why not?

3) Beyond earnings what would be appropriate accounting metrics or measures to
analyze and assess the performance of Apple in comparison to similar companies?
In making this assessment, you are only expected to use the concepts we have
discussed in the course.
You are to prepare a report to address these three questions. Please see the instructions
below regarding this report.
Materials to use (only the ones provided in the files, please do NOT use outside resources to answer the following questions).
The assignment case is: Accounting for the iPhone at Apple Inc. The rest are other materials to be used when referring to it.
For question 3, I want to examine ratio analysis (ROE, protift martin, debt to equity ratio), amongst others you think are appropriate to measure.
please follow all instructions.
You may access only materials from this course for the purpose of this report.
Your report should be no longer than 1,000 words excluding exhibits. The word count limit includes
the entire content of your document (including headings and titles) but excludes exhibits.
The penalty for exceeding the word count limit is 1% for every 50 words (or portion thereof)
over the word limit.

Categories
Accounting

Select one of the following foreign countries: China, Germany, Japan, Mexico or

Select one of the following foreign countries: China, Germany, Japan, Mexico or the United Kingdom, and provide a country profile discussing the topics outlined below. In addition, using EDGAR (http://www.sec.gov/edgar.shtml), find the non-U.S. GAAP financial statements for a company from that country.
Prepare a 4-5 page analysis of the country you chose discussing the following:
Compare the accounting profession in your selected country including professional conduct rules.
Identify how the accounting standard are set in that country.
Identify two financial reporting standards that differ from those of U.S. GAAP.
Identify national characteristics unique to the country that influence accounting.
For the two financial reporting standards identified in your paper, use Excel to create an applicable supporting schedule that provides an example of the adjustments that would need to be made to your foreign company’s financial statements for it to comply with U.S. GAAP. Cite all sources using APA Format.

Categories
Accounting

INSTRUCTIONS: You receive a call from an Apple investor who asks you the followi

INSTRUCTIONS:
You receive a call from an Apple investor who asks you the following questions:
1) Why does Steve Jobs believe that the non-GAAP revenue numbers reported by
Apple are a better measure of its iPhone sales than the revenues reported under
U.S. Generally Accepted Accounting Principles (GAAP)? Ensure you explain the
differences in the measurement of Apple’s revenue under GAAP vs non-GAAP as
proposed by the company.

2) Does it matter in assessing the performance of Apple if how revenue is
recognized under GAAP for the sale of smartphones changes to reflect what the
company proposes? Why or why not?

3) Beyond earnings what would be appropriate accounting metrics or measures to
analyze and assess the performance of Apple in comparison to similar companies?
In making this assessment, you are only expected to use the concepts we have
discussed in the course.
You are to prepare a report to address these three questions. Please see the instructions
below regarding this report.
Materials to use (only the ones provided in the files, please do NOT use outside resources to answer the following questions).
The assignment case is: Accounting for the iPhone at Apple Inc. The rest are other materials to be used when referring to it.
For question 3, I want to examine ratio analysis (ROE, protift martin, debt to equity ratio), amongst others you think are appropriate to measure.
please follow all instructions.
You may access only materials from this course for the purpose of this report.
Your report should be no longer than 1,000 words excluding exhibits. The word count limit includes
the entire content of your document (including headings and titles) but excludes exhibits.
The penalty for exceeding the word count limit is 1% for every 50 words (or portion thereof)
over the word limit.

Categories
Accounting

The company I will be using is Nike Inc. Obtain the company’s most recent annua

The company I will be using is Nike Inc.
Obtain the company’s most recent annual report on Form 10-K. By using the company search feature of the SEC’s EDGAR database service found at www.sec.gov/edgar/searchedgar/companysearch.html
answer the following questions from the company’s most recent annual report:
1. What is the net cash flows from (used for) operating activities reported by the company at the end of the most recent year?
2. What is the net cash flows from (used for) investing activities reported by the company at the end of the most recent year?
3. What is the net cash flows from (used for) financing activities reported by the company at the end of the most recent year?
4. What was the net increase (or decrease) in cash during the year?
Then evaluate the company’s cash inflows and outflows. What does this information tell you about the company you selected?

Categories
Accounting

What is the meaning of cost behavior

1. What is the meaning of cost behavior and how does the variable cost behave differently than fixed cost (per unit & total)? Define cost estimation, explain its purpose, and explain its strategic role. What is the meaning of break-even point and why do firms use it? Search the internet and find examples of companies that use the break-even point. How is cost behavior used to analyze risk and profitability for companies and what is the role of operating leverage?
2. Define relevant costs and provide examples of four different decisions for which the relevant cost analysis model can be used effectively. How do strategic factors affect the proper use of relevant cost analysis? Some companies outsource some of their functions to reduce the cost and/or increase their profits. What are the pros and cons of outsourcing? Search the internet and find an example of a company that outsources and the type of function(s) outsourced.
3. What is the relationship, if any, between the relevant cost analysis methods and cost-volume, profit analysis?
Support your answers using resources available on the IMA website. (https://www.imanet.org/insights-and-trends?ssopc=1)

Categories
Accounting

The company I will be using is Nike Inc. Obtain the company’s most recent annua

The company I will be using is Nike Inc.
Obtain the company’s most recent annual report on Form 10-K. By using the company search feature of the SEC’s EDGAR database service found at www.sec.gov/edgar/searchedgar/companysearch.html
answer the following questions from the company’s most recent annual report:
1. What is the net cash flows from (used for) operating activities reported by the company at the end of the most recent year?
2. What is the net cash flows from (used for) investing activities reported by the company at the end of the most recent year?
3. What is the net cash flows from (used for) financing activities reported by the company at the end of the most recent year?
4. What was the net increase (or decrease) in cash during the year?
Then evaluate the company’s cash inflows and outflows. What does this information tell you about the company you selected?

Categories
Accounting

1. What is the meaning of cost behavior and how does the variable cost behave di

1. What is the meaning of cost behavior and how does the variable cost behave differently than fixed cost (per unit & total)? Define cost estimation, explain its purpose, and explain its strategic role. What is the meaning of break-even point and why do firms use it? Search the internet and find examples of companies that use the break-even point. How is cost behavior used to analyze risk and profitability for companies and what is the role of operating leverage?
2. Define relevant costs and provide examples of four different decisions for which the relevant cost analysis model can be used effectively. How do strategic factors affect the proper use of relevant cost analysis? Some companies outsource some of their functions to reduce the cost and/or increase their profits. What are the pros and cons of outsourcing? Search the internet and find an example of a company that outsources and the type of function(s) outsourced.
3. What is the relationship, if any, between the relevant cost analysis methods and cost-volume, profit analysis?
Support your answers using resources available on the IMA website. (https://www.imanet.org/insights-and-trends?ssopc=1)

Categories
Accounting

Full Case Study details are available in the Case Study Excel document **I’ve at

Full Case Study details are available in the Case Study Excel document
**I’ve attached the template for this assignment. Please complete in its entirety according to the instructions.**