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Students may write a paper on how they would apply the lessons of this course as a controller for an association they presently work for or have worked for in the past. You can't require including every topic we discuss in class. The most important part of the paper is that you perilously analyze how you would apply these concepts in practice. You will be needed to understand the role of the controller. Internal control is an important area. You may also be required to understand the basic internal control principles and procedures and be able to apply them in practice. For example, the main issues for A/R are avoiding uncollected sales and evaluating the proper amount of uncollectible accounts for the financial statements.
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
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