Implement financial reporting requirements

Assignment Help Financial Accounting
Reference no: EM13341090

You have an accounting intern on staff and have been asked to explain to her the following:

  • 2-3 methods by which the governing bodies communicate the standards, requirements, and guidelines for the accounting profession
    • At least 1 method must include some form of computer technology.
  • At least 2 ways in which accounting software can help implement financial reporting requirements

Reference no: EM13341090

Questions Cloud

Find the satellites orbital speed. : A 554-kg satellite is in a circular orbit about Earth at a height above Earth equal to Earth's mean radius. Find the satellite's orbital speed
Evaluate the theoretical yield of aspirin obtained : Calculate the theoretical yield of aspirin obtained when 2.0 g of salicylic acid and 5.0 mL of acetic anhydride (density = 1.08 g/mL) 2. if 1.9 g of asprin were obtained in this experiment, what would be the percent yield
Find the coefficient of volume expansion of the liquid : A flask is filled with 1.53 L (L = liter) of a liquid at 90.7 °C. When the liquid is cooled to 16.5 °C, find the coefficient of volume expansion of the liquid
Define the individual resonance structures : Which of the following is true of the individual resonance structures which contribute to a resonance hybrid. a) each resonance structure actually exists
Implement financial reporting requirements : communicate the standards, requirements, and guidelines for the accounting profession - At least 1 method must include some form of computer technology.
How long does it take him to reach the south shore : A 839-N man stands in the middle of a frozen pond of radius 6.0 m. He is unable to get to the other side because of a lack of friction between his shoes and the ice. How long does it take him to reach the south shore
Compute the relative size of sales revenue : Compute the relative size of Sales revenue (total) and of revenue from Service, outsourcing and rent¬als. Hint: Scale each type of revenue by Total revenue. Which type of revenue grew more in 2010?
How much has the cable stretched : A tow truck is pulling a car out of a ditch by means of a steel cable (Y = 2.0 x 1011 N/m2) that is 9.63 m long and has a radius of 0.503 cm. How much has the cable stretched
State the formulas of those that have solutions : Consider the following compounds and suppose that 0.5M solutions are prepared of each:Nal, NH4Br, KF, KCN, KC2H3O2, CsNO3, and KBr. Write the formulas of those that have solutions that are A) acidic B)basic and C) Neutral

Reviews

Write a Review

Financial Accounting Questions & Answers

  Ethical considerations in making subjective valuations

What are the ethical considerations in making subjective valuations of complex and exotic investments and such funds help assure investors that there will be adequate cash to pay the bonds at their maturity date.

  Prepare the bank reconciliation for this company

Prepare the bank reconciliation for this company as of April 30 - Bank Reconciliation statement

  Prepare a consolidated income statement

Prepare a consolidated income statement from the given data - Consolidated Income Statement of Big For the year ended 2006

  Analyzing the strength and weakness from ratios

Analyzing The Strength and weakness from Ratios and  What would you learn from examining the incomestatement for the year ended 2008

  How much does store expect to collect

Show the ending balances in Accounts Receivable, Allowance for Uncollectible Accounts, and Net Accounts Receivable at October 31. How much does the store expect to collect?

  Illustrate what amount should be reported for patent amortiz

It had a useful life of 10 years. On January 1, 2012, ELO spent 44,000 to successfully defend the patent in a lawsuit. ELO feels that as of that date, the remaining useful life is 5 years. Illustrate what amount should be reported for patent amort..

  Purpose a vertical analysis of the income statement

Purpose a vertical analysis of the income statement showing appropriate percentages for each item listed above. and what additional information would you need to determine whether these percentages are good or bad?

  What was dillon corporation''s times interest

In a recent year Dillon Corporation had net income of $130,000, interest expense of $20,000, and tax expense of $30,000. What was Dillon Corporation's times interest earned ratio for the year?

  Evaluate her itemized deduction as a result of the fire

Evaluate her itemized deduction as a result of the fire. Also determine Heather's AGI and heather owns a two-story building. The building is used 60 percent for business use and 40 percent for personal use. During 2011,

  Evaluate the correct inventory amount

Evaluate the correct inventory amount

  What would be amount in us dollars

If the spot rate in three months was expected to be ¥110/$, what would be the amount in US dollars, covered and uncovered?

  How much cash did sutherland receive from sale of machinery

The machinery was sold on May 1, 2013 at a gain of $12,000. How much cash did Sutherland receive from sale of the machinery?

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd