Accounting guidance constantly evolves, and cryptocurrency is one current example of this. Business leaders predict that digital assets may replace foreign currencies within five to ten years, but there are obstacles to overcome. Consider the feasibility of digital assets replacing foreign currencies and the impact this would have on the current and temporal accounting methods and on derivatives. Create one initial post and respond to […]

Competencies In this project, you will demonstrate your mastery of the following competencies: Analyze the impact of investments and goodwill on financial statements Evaluate foreign currency financial statements for impact on an organization’s financial performance Scenario You are a senior accountant for Acme Corporation in the United States. At the start of the fiscal year, your company (parent) invested in a new company (subsidiary), called […]

Use your bookmarked Harvard Business Publishing link to access this case study.CASE: OCP Group case (HBS 9-718-002) Critically analyze the key elements of the case and write an in-depth case analysis report addressing the following questions: • • • • Discuss OCP’s strategy as a state-owned enterprise prior to Dr. Terrab’s arrival. How did OCP change its strategy after Dr. Terrab became CEO? Discuss how […]

Build a simple relational database based on the data model (p. 95, Figure 4-2). Required tables in your database are as follows. Also You must include the attributes that you identify as primary key or foreign keys in your table. Other attributes in each table are at your discretion to include in your database or not. Database HW#1 Purpose: Use Microsoft Access (for PC users) […]

ETHICAL REPORTING ON FINANCIAL POSITION Last week you were introduced to a non-profit organization in Walden Heights—the Support Alliance for Depression, Anxiety & Bipolar of Walden Heights—known as SADAB. For this Discussion, you will continue your engagement with them by helping them grapple with some of the challenges in ethical allocation and reporting of their use of resources. You will listen in on their board […]

(Q1)A U.S. company owns an 80% interest in a company located on Mars. Martian currency is called the Martian Credit. During the year the parent company sold inventory that had cost $23,600 to the subsidiary on account for $30,400 when the exchange rate was $0.5192. The subsidiary still held one-half of the inventory and had not paid the parent company for the purchase at the […]

For this final project, you will present a financial report for your “client” addressing their financial needs you identified in your interview in Week 2. Incorporate the financial report analysis you created in Week 4, and integrate any instructor feedback into your final presentation. Please consider topics like renting versus buying, life insurance, credit, debt reduction, budgeting, or retirement planning in your report. “feel free […]

Files needed for input: #2 Inventory Process Narrative.docx#3 Inventory Control Listing.xlsx Cased Background: Generative AI Used in Auditing The business landscape has been inundated with talk of artificial intelligence, specifically generative AI, over the course of the last several months of 2023. The Merriam-Webster dictionary defines generative AI as “artificial intelligence that is capable of generating new content (such as images or text) in response […]

Within the Discussion Board area, write that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas. Management decision making often involves first determining what information is relevant to the decision-making process. Understanding cost behavior and relevance allows managers to streamline the […]

ACC 691 Module Four Activity Guidelines and Rubric Scenario You are a senior auditor for Counting the Numbers, a mid-level CPA firm. You noticed that some newer staff lack strong fraud prevention skills. The managing partner of your office has asked you to write a memo to the new staff identifying proper fraud prevention procedures. The managing partner mentioned to you that the newer staff […]