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Problem 1: Based on authoritative sources (including peer reviewed articles from the library, Fraud Examiners Manual, etc), discuss how wide spread you think organized crime is and if you think it has grown or diminished over time. As part of your discussion describe how this can be prevented and detected and what current laws (both civil and criminal) are in place to prosecute these types of crimes.
Discuss the three aspects of accounting for financial instrument under NZIFRS 9 and why NZIFRS 9 was developed? Explain in detail.
Discuss what constitute 'property, plant and equipment' and investment property'. You are also required to explain the correct accounting treatment
What is the Outflow to purchase inventory and Outflow for sales tax? Prepare the income statement, balance sheet, and statement of cash flows for 2018.
A corporation has 46,555 shares of $22 par value stock outstanding that has a current market value of $242 per share. If the corporation issues a 5-for-1 stock split, determine the number of shares outstanding.
Wise Company had the following transactions - Issued 5,000 shares of common stock with a stated value of $10 for $130,000 - Prepare the journal entries to record the above stock transactions
You plan to buy a new car. Your annual interest rate is 10% and you intend to pay for the car over five years. What will be your monthly payment?
The company is considering several business strategies and wishes to determine the effect of these strategies on the market price per share of its stock
Prepare the operating activities section of the statement of cash flows using the direct method - Grania Companys income statement contained the condensed information.
The following list summarizes the transactions that took place during a start up’s first year of operations. Using the information below, prepare a list of the appropriate journal entries, including any necessary adjusting entries, and create a set o..
If Internal Audit Function is placed at executive/senior management level then the advantages are increased visibility, authority, and responsibility. If it is placed at lower level with additional non-internal audit duties then there are both advant..
Assume instead that Rogala uses the aging of accounts receivable method and estimates that $82 of its Accounts Receivable will be uncollectible
ANF reported Cost of Goods Sold of $1,408,848 (thousand) for its fiscal year 2017. What was the cost that ANF incurred to acquire inventory
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