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!
Not-for-profit (NFP) organizations differ from classic business enterprises in a variety of ways. Hence, their business operations often require specialized accounting needs to accommodate the differences.
a) Find characteristics that distinguish NFP from business enterprises.
b) Specially identify, from most important to least important, five accounting issues relevant to NFP financial reporting and describe your rationale by reference to existing reporting requirements.
c) For the top 3 items identified in b), find the specific GAAP reference providing accounting support and summarize the guidance provided.
Describe the methodology for designing tests for the details of balances in accounts payable. How would your methodology impact the rest of the audit?
What are the legal issues involved in this situation? What should the auditor use as a defense in the event that he is sued? What was the CPA's deficiency in conducting the audit of accounts receivable?
Describe the audit procedures you might use in order to assess the adequacy of the provision for bad debts?
At each calendar year-end mazie supply co. uses the percent of account receivable method to estimate bad debits. On December31,2013 it has outstanding accounts receivable of 55000 and estimated that 2% will be uncollectible.
Prepare a two-page audit critique, and include each of the following: Briefly describe the purpose of the audit (identify the type of audit). Briefly describe the method(s) used during the audit
The audit documentation represents the auditor's accumulation of evidence and conclusions reached on an audit engagement. Prior-year audit documentation can provide insight into an audit engagement that will be useful in planning the current year ..
There is a danger that interpersonal relationships between client/auditor can potential affect whether the audit evaluation produced is unbiased.
Analyze how complex global instruments contributed to the fraud and the failure of it to be detected by regulators and auditors of MF Global.
Verna's makes all sales on account, subject to the following collection pattern: 25% are collected in the month of sale; 60% are collected in the first month after sale; and 15% are collected in the second month after sale.
Determine if a qualified opinion, adverse opinion, or a disclaimer of opinion would be issued for each of the above occurrences. Identify the contents of each part.
When a company is deciding whether to undertake an investment (from a number of possible options), what is the general procedure for the submission of proposals and the subsequent audit of investment?
Obtain and review the annual report of a public company and locate its audit committed charter. What are the key features of the charter? What are its strengths? What are the weaknesses?
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