Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Point 1: Describe fraud and its impact; evaluate internal controls over cash receipts and cash payments) This case is based on an actual situation experienced by one of the authors. Augusta Construction, headquartered in Topeka, Kansas, built a motel in Kansas City. The construction foreman, Pete Garcia, hired the workers for the project. Garcia had his workers ?ll out the necessary tax forms and sent the employment documents to the home of?ce. Work on the motel began on May 1 and ended in December. Each Thursday evening, Garcia ?lled out a time card that listed the hours worked by each employee during the ?ve-day work week that ended at 5 pm. on Thursday. Garcia faxed the time sheets to the home of?ce, which prepared the payroll checks on Friday morning. Garcia drove to the home of?ce after lunch on Friday, picked up the payroll checks, and returned to the construction site. At 5 p.111. on Friday, Garcia distributed the paychecks to the workers.
Question a. Describe in detail the internal control weakness in this situation. Specify what negative result could occur because of the internal control weakness.
Question b. Describe what you would do to correct the weakness.
Financial Statement Analysis and Preparation
Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?
An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.
Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.
This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited
Prepare general journal entries for Goela Ltd
Prepare the journal entry to record the acquisition of the assets.
Prepare general journal entries to record the transactions, assuming use of the periodic inventory system
Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.
Explain the IASB Conceptual Framework's perspective of users and their decisions.
T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
Computation of Free Cash Flow
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd