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!
Analyze accounting and reporting requirements for not-for-profit organizations Being that you are an inquisitive person and wish to add to your knowledge base, you ask your new accountant to teach you about fund accounting that is used in nonprofit financial accounting. Specifically, you asked her the following:
1. Explain how fund accounting principles for nonprofit organizations affect routine revenue type journal entries.
2. Do you think that nonprofits should continue to abide by the wishes of contributors who donated on the basis of a specific use of their donation, or, during tough economic times, should they ask these contributors to relax any restrictions they placed on the use of these funds?
3. Make sure to identify the specific NFP you are referring to. Let's make sure that we use different NFPs
Expenses accrued and still unpaid were $6,000 as at December 31, 2007, and $9,000 as at December 31, 2008. Can you show the computation of expenses on the accrual basis for the year 2008?
Determine whether the responsibility to hire and fire audit managers should have prevented the firing of the chief of internal auditing by management for reporting fraudulent activity.
What are the organisation's promotional objectives and strategies? Are they sound? How could the promotional budget be improved to get better results?
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 ..
Identify the audit procedure you would use to collect persuasive evidence. Try and be as specific as possiblem don't just say "documentary" for example, tell me exactly what sort of document would you be looking at?
Create a Global Organizational Hierarchy for Champion Pharmaceutical, Inc. (CPI) using the information about the company provided in the Introduction to the TeamMate Practice Case
Holmes Institute HA3032 Memo 02 - Semester 01, 2014. Mr David Buttoneer the owner operator of Buttons by David Pty Ltd. runs a number of button lines. His favourite is a cut stag-horn button that has gold filigree.
The operational reviewer typically has multiple personal attributes that make them and mold them into operational reviewer. List and describe at least three and tell why they are positive attributes for the operational reviewer.
for each of the subsequent independent situations show the reason for and the type of audit report that you would
Identify specific fraud risk present during PwC's audits of the Lipper hedge funds. Explain how Pwc should have responded to the fraud risk factors that you identified.
Compare and contrast an IT Audit project with other projects which might be found in an IT department. Describe two (2) challenges that are unique to IT Audit projects. Suggest an approach to mitigate each challenge you selected.
not-for-profit nfp organizations differ from classic business enterprises in a variety of ways. hence their business
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