Create Standard Operating Procedures for the following: 1. Audit Process: This SOP explains the guidelines for preparing and conducting internal and external audits, including audit planning, fieldwork, and reporting. 2. Financial Reporting: explains the requirements for preparing and distributing financial reports to stakeholders, including balance sheets, income statements, and cash flow statements. 3. Internal Controls: establishes guidelines for maintaining strong internal controls to prevent fraud, […]

College of Administration and Finance SciencesAssignment (1) Deadline: Saturday 02/03/2024 @ 23:59 Course Name: Cost Accounting Student’s Name: Wejdan Awadh AlQahtani Course Code: ACCT 301 Student’s ID Number: S200087100 Semester: Second CRN: 23699 Academic Year: 1445 H For Instructor’s Use only Instructor’s Name: Students’ Grade: /15 Level of Marks: High/Middle/Low Instructions – PLEASE READ THEM CAREFULLY • The Assignment must be submitted on Blackboard (WORD […]

College of Administration and Finance SciencesAssignment (2) Deadline: Saturday 04/05/2024 @ 23:59 Course Name: Cost Accounting Student’s Name: Course Code: ACCT 301 Student’s ID Number: Semester: Second CRN: Academic Year: 1445 H For Instructor’s Use only Instructor’s Name: Dr. Mohammed Arshad Khan Students’ Grade: /15 Level of Marks: High/Middle/Low Instructions – PLEASE READ THEM CAREFULLY • The Assignment must be submitted on Blackboard (WORD format […]

College of Administrative &Financial SciencesManagerial accounting: Assignment Question(s): Q1. ABC prepares budgets for the quarter ending sept.30. Sales in units: July 20,000, August 50,000, September.30, 000, Oct. 25,000. Selling price is SR 10 per unit. , inventory in June 31, is 4,000 units. Desired inventory is 20% of the next month sales. (5 marks) Required: Prepare sales and production budgets. ANSWER: Q2. ABC Company has […]

College of Administration and Finance SciencesTax and Zakat Accounting: Q1. Using your own words, List Five with an explanation of the obligatory conditions of Zakat to be eligible as alms assets. (5 Marks) Q2. Abdullah is a Saudi citizen has submitted his zakat return including the following information for 1445 H (4 Marks) a) Owns an investment car at a book value of 450,000 and […]

College of Administrative and Financial SciencesAssignment 2 Deadline: 04/05/ 2024 @ 23:59 Student’s Name: Student’s ID Number: CRN: Course Name: Financial Accounting Course Code: ACCT 201 Semester: 2 Academic Year: 2023- 24 For Instructor’s Use only Instructor’s Name: Students’ Grade: …… /15 Level of Marks: High/Middle/Low nstructions – PLEASE READ THEM CAREFULLY • The Assignment must be submitted on Blackboard (WORD format only) via allocated […]

College of Administration and Finance SciencesAssignment (2) Deadline: Saturday 04/05/2024 @ 23:59 Course Name: Accounting of Financial Institutions Student’s Name: Course Code: ACCT 405 Student’s ID Number: Semester: 1st CRN: Academic Year: 1445 H (2023-2024) For Instructor’s Use only Instructor’s Name: Habiba Moabber Students’ Grade: /15 Level of Marks: High/Middle/Low Instructions – PLEASE READ THEM CAREFULLY • Submissions WITHOUT THIS COVER PAGE will result in […]

Instructions – PLEASE READ THEM CAREFULLY• The Assignment must be submitted on Blackboard (WORD format only) via allocated folder. • 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. • […]

HM 322 Cost control Assignment 2 Title:Income Statement Problem 1- Based on the following information: Sales$875,000Sales Allowances$25,000Cost of Sales$276,250Labor Cost$51,000Operating Costs$395,250Income Taxes$42,500 Determine (demonstrate formulas used):Net sales; sales allowances percentage; cost of sales percentage; gross profit; gross profit percentage; mark up percentage; operating cost percentage; operating profit; net profit; net profit percentage  2- Based on the following information: RoomsFoodsBeveragesSales revenue$250,000$120,000$80,000Cost of sales$50,000$36,000$13,600Labor Cost$62,500$30,000$19,200Operating Expenses$87,500$41,400$22,800Determine (demonstrate […]

College of Administration and Finance SciencesAssignment (2) Deadline: May 5th 2023 @ 23:59 Course Name: Introduction to AIS Student’s Name: Course Code: ACCT402 Student’s ID Number: Semester: 2st CRN: Academic Year: 1445 H For Instructor’s Use only Instructor’s Name: Students’ Grade: /15 Level of Marks: High/Middle/Low Instructions – PLEASE READ THEM CAREFULLY • The Assignment must be submitted on Blackboard (WORD format only) via allocated […]