Students are advised to make their work clear and well presented, marks may be reduced for poor presentation.
Students must mention question number clearly in their answer.
Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
All answers must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism.
Submissions without this cover page will NOT be accepted
Category: Accounting
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“Improving Presentation: Tips for Success” Title: Improving Presentation: Tips for Success
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“Tax Research Memorandum: Solving Client Tax Problems Using a Structured Approach”
The most important purpose of tax research is to find solutions to the tax problems of your clients or employer. The process is similar to traditional legal research. The researcher must find authority, check the usefulness of that authority, and apply the results of the research to a specific situation.
One can identify two essential tax research skills:
1. Using certain mechanical techniques to identify and locate the tax authorities that relate to solving a problem.
2. A combination of reasoning and creativity and is more difficult to learn. Often, no legal authority addresses the problem. In that situation, the researcher must combine unrelated facts, ideas, and legal authority to arrive at a novel conclusion. This creative ability often spells the difference between success and failure in the research process.
As the tax problems of the client become more significant, the related tax research can become time-consuming and expensive. The tax researcher must work as efficiently as possible to get the solution to the client’s problem. A framework for the research process is essential.
The tax research process can be categorized into six major steps. Tax researchers must approach the resolution of a tax problem in a structured manner. So that the analysis of the problem will be thorough and the solution complete.
Page 7 of 17
1. Establish the facts.
2. Identify the issues.
3. Locate the authority.
4. Check the authority.
5. Develop conclusions and recommendations. 6. Communicate the recommendations.
You are presented with a set of facts for your client and must prepare a tax memorandum that contains your findings for the tax research and a recommendation as to the appropriate action the client should take. Your textbook and online platform includes a student edition of Thomason Reuters CheckpointTM, which provides a comprehensive tool to perform tax research. The format of the tax memorandum should be like the typical format used by firms.
You are to review the facts, applicable law, and cases. You are to analyze the law and case law and apply it to the facts and then make a recommendation to the client. Note: This is not a report. Read the facts, and authority provided. Analyze and provide a recommendation to the client. -
“Alder Fuels Fraud Investigation: Uncovering the Multi-Million Dollar Embezzlement by Former CEO Bryan Sherbacow”
Your final project will reflect cumulative learning from this course. You will apply the theories and concepts learned in a 12 to 15-page (not counting the title page, abstract, references, or appendices pages) Fraud Investigation Analysis Report, using proper APA formatting and writing style as indicated by the course facilitator. The entity you select must be a public company, non-profit, or governmental unit that experienced a major fraud violation within the past 5 to 10 years. the assignment will discuss the multi-million dollar embezzlement and fraud done by former CEO Bryan Sherbacow to Alder Fuels. The requirements for this paper include:
APA Title page.
APA Abstract.
Introduction and background information.
Cover the facts of the case.
Include one fraud theory that you feel applied to your case.
Discuss the fraud itself. How was it perpetrated? How was it detected? Who were the perpetrators?
What happened to the perpetrators? Where are they now?
Include at least one Jesuit value in your paper and discuss it.
Apply critical thinking skills for the analysis and discussion of your fraud case.
Use relevant primary (studies, journal articles, government websites) and secondary (textbooks, second accounts) research sources in proper APA format as indicated by the course facilitator.
Use proper APA headings throughout the paper. Use at least levels 1 and 2, or as indicated by the course facilitator.
Provide in-text citations for all work (both direct quotes and paraphrased information) not your own. Failure to provide proper attribution may result in a failing grade due to a violation of academic integrity, whether intentional or accidental.
Use at least 2 to 3 figures or tables within the body of your paper or at the end in the Appendix (after the References page) that you create. Use proper APA citations as indicated by the course facilitator.
Include your recommendations to mitigate this type of fraud. The recommendations you develop need to be clear, viable, and realistic. Demonstrate critical thinking skills. This is a major level 1 heading toward the end of the paper.
Provide a summary and conclusion.
Insert a page break for your references page so that it starts on a new page. Sort your sources in alphabetical order using proper APA formatting (double-spaced, “hanging indent”).
Source: https://www.justice.gov/opa/pr/founder-and-former-ceo-sustainable-fuel-company-pleads-guilty-multimillion-dollar -
Cost Management Techniques and Budgeting Decisions
The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
Students must mention question number clearly in their answer.
Late submission will NOT be accepted.
Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
All answers must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism.
Submissions without this cover page will NOT be accepted.
Assignment Question(s): (Marks 15)
Q1. What is the process of identifying activities in an organisation and assigning costs under the Activity Based Costing (ABC) system? Elucidate. You will need to include the right numerical examples to support your answer. (2 Marks) (Chapter 7, Week 7)
Answer:
Q2. PPLC Company has two support departments, SD1 and SD2, and two operating departments, OD1 and OD2. The company decided to use the direct method and allocate variable SD1 dept. costs based on the number of transactions and fixed SD1 dept. costs based on the number of employees. SD2 dept. variable costs will be allocated based on the number of service requests, and fixed costs will be allocated based on the number of computers. The following information is provided: (4 Marks) (Chapter 8, Week 10)
Support Departments
Operating Departments
SD1
SD2
OD1
OD2
Total Department variable costs
18,000
19,000
51,000
35,000
Total department fixed costs
20,000
24,000
56,000
30,000
Number of transactions
30
40
200
100
Number of employees
14
18
35
30
Number of service requests
28
18
35
25
Number of computers
15
20
24
28
You are required to allocate variable and fixed costs using direct method. Answer:
Q3. What are an organization’s “outsourcing decisions” and “constrained resource decisions?” Provide a suitable numerical example of these decisions and explain how quantitative and qualitative considerations support a company’s decision-making process. (2 Marks) (Chapter 4, Week 9)
Note: Your answer must include suitable numerical examples. You are required to assume values of your own, and they should not be copied from any sources. Answer:
Q4. VBN plastic industry makes three plastic toys: T1, T2, and T3. The joint costs of the three products in 2017 were SAR 120,000. The total number of units for each product and the selling price per unit is given below:(3 Marks) (Chapter 9, Week 11)
Product
Units
Selling Price per unit
T1
45,000
SAR 15
T2
26,000
SAR 14
T3
18,000
SAR 10
You are required to allocate the joint costs to each product using the physical volume method and sales value at the split-off method.
Answer:
Q5. MN&M Corporation is preparing a budget for 2018. The company provides you with the following details which will help you to prepare the budget: (4 Marks) (Chapter 10, Week 12) Budgeted selling price per unit = SAR 500 per unit
Total fixed costs = SAR 150,000
Variable costs = SAR 100 per unit
Required:
You are required to prepare a flexible budget for 1,000, 1,100, 1,200 and 1,300 units.
Answer: -
The Dangers of Unrealistic Sales Goals: The Wells Fargo Cross-Selling Scandal
Please respond to my classmate’s discussion post: Please see the original assignment below the discussion post.
Hello,
When a company sets unrealistic sales goals, it can create a high-pressure and stressful work environment where employees can feel the need to meet the goals regardless of what it takes. Setting this precedent can lead to unethical behavior, such as opening unauthorized accounts and selling products or services that people don’t want just for an employee to meet those goals. Employees may feel like they need to do these things in order to have job security or simply just keep their jobs. Filter described in the article that “In court papers, prosecutors described a pressure-cooker environment at the bank, where low-level employees were squeezed tighter and tighter each year by sales goals that senior executives methodically raised, ignoring signs that they were unrealistic.” (2020, para 3) Ignoring the signs led Wells Fargo into a lawsuit.
When a company establishes penalties or consequences for not meeting certain goals, it can lead to a fear-based culture where employees feel the need to meet those goals even if it means they have to engage in unethical behavior. Tayan shared that “Branch managers were assigned quotas for the number and types of products sold. If the branch did not hit its targets, the shortfall was added to the next day’s goals. Branch employees were provided financial inventive to meet cross-sell and customer-service targets, with personal bankers receiving bonuses up to 15 to 20 percent of their salary and tellers receiving up to 3 percent.” (2019 para 10) With these measures, established employees can feel intense pressure to avoid having to meet extra quotas or receive incentives for engaging in unethical activity. Employees fostered a short-term gain over a long-term ethical erosion.
References
Flitter, E. (2020, February 21). The price of Wells Fargo’s fake account scandal grows by $3 billion. The New York Times. https://www.nytimes.com/2020/02/21/business/wells-fargo-settlement.html
Tayan, B. (2019, February 6). The Wells Fargo cross-selling scandal. The Harvard Law School Forum on Corporate Governance. https://corpgov.law.harvard.edu/2019/02/06/the-wells-fargo-cross-selling-scandal-2/
Orginal post:
Please read the article in the Harvard Law School Forum on Corporate Governance “The Wells Fargo Cross-Selling Scandal”, (February 6, 2019) (Note: This article is located in the Readings & Resources section of this module). The author discusses the dangers imposed by setting unrealistic sales targets.
Please discuss the following questions in relationship to the article:
1) The article notes the following statement “As sales goals became more difficult to achieve, the rate of misconduct rose.” Of note, the report found that “employees who engaged in misconduct most frequently associated their behavior with sales pressure, rather than compensation incentives.” Discuss how setting unreasonable sales targets for employees can lead to unethical activities.
2) Discuss how establishing punitive measures for variances between budgeted and actual results can foster a corporate culture in which employees engage in unethical activities to meet the requirements specified in a budget.
Original post: -
Excel Data Calculation and Fill-in-Blanks Assignment
I need help with Excel work that needs some calculations and fill-in-blanks with data.
No need for the report or analysis as I need to fill in the excel first.
There are about 6 sheets that needs to be completed. and each data should come from others so you cant really put any data manually unless for some cases. -
Title: Financial Analysis of a Publicly-Traded Company: A Case Study
1.) Select a publicly-traded company that is traded on U.S. exchange. Locate the annual report for at least the last three fiscal years.
Analyze the financial statements for the company and review for large movements in specific accounts from one year to the next. In addition, review the notes to the financial statements as these are an integral part of the financial reporting package. Evaluate the balance sheet to determine if there are large changes in the company’s assets, liabilities, or equity accounts. In addition, analyze the income statement and statement of cash flows.
2.) At a minimum, calculate the following ratios for two years, the debt-to-equity ratio, current ratio, quick ratio, return on equity, and net profit margin. For each ratio, explain what the ratio tells you about the company. -
Title: Analyzing Cash Flow and Net Income of Telecommunication Companies
Instructions:
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Answer to my question
should be at least 250 words (I will check).
·
You must use at least 5 vocabulary from the
reading this week. Please make the vocabulary words easy to find by using bold.
Select TWO (2) companies in the below assigned industry to
analyze.
Telecommunication Services
You should access the annual report (or Form 10-K filed with the
SEC) for one publicly traded company in the industry you were assigned above.
In addition to the company’s own website, a great source is the SEC’s
Electronic Data Gathering, Analysis, and Retrieval (EDGAR) service. This free
source is available by going to the “Filings” section of SEC and clicking on
“Company Filings Search” and then entering the “Company name.” Then look
for the “10-K” reports needed.
Answer
all the following questions about (your choice) of company based on the Annual
10-K Report:
1.
As this chapter explained, many companies that report net losses
on their earnings (income) statements report yet have positive cash flows from
operating activities. How do your company’s net incomes compare to its cash
flows from operating activities?
2.
Based only on the information in the statements of cash flows,
does your company appear to be growing the capacity of its business? Explain.
3.
All things considered, based on the information in its
statements of cash flows, does your company’s cash position appear to be
improving or deteriorating? Explain. -
“Analyzing Financial Performance: A Case Study of Company XYZ’s Annual Report”
this is a accounting assignment I have given you a file about the assignment and the other is the annual report of a company that the assignment is about, please answer all questions and do some research if required about the company.