New accounting firm to provide more specialises advice

Assignment Help Accounting Basics
Reference no: EM131050579

Your company,ABC partners, has been contacted via email by a prospective client (Dr. Paul Simmons-Simmons Medical Ptactice) who recently met at a networking function. Dr. Simmons looking for to engage a new accounting firm to provide more specialises advice and services for his growing medical practice industry.So, once you have obtained all of the information about the client( fictitious -student to make up this information depending on their professional field ) plan and write with references and recommendation proposal report not less than 1000 words.

Fictitious information given by Dr. Simmons are:Total number of employee 50Total number of patient in daily basis are 340Total number of doctors are 20Location of industry in 3 places( Deewhy, Burwood, Monavale)Type of medical practice is General practitionersBilling system( bulk billing, cash, credit card)Accounting software Myob

Reference no: EM131050579

Questions Cloud

What are the independent and dependent variables : What are the independent and dependent variables? What design did they use to test the hypothesis? Was their design appropriate? Why or why not?
Random from the remaining members : A newspaper reporter is planning to select two of the council members for interviews. The first member will be chosen at random, and then the second member will be chosen at random from the remaining members. What is the probability that two deans..
Randomly drawn from the urn in succession : An urn contains 8 black and 9 green balls. Five balls are randomly drawn from the urn in succession, with replacement.That is, after each draw, the selected ball is returned to the urn. What is the probability that all 5 balls drawn from the ur..
Issued floating-rate notes with a maturity : A company has issued floating-rate notes with a maturity of one year, an interest rate of LIBOR plus 125 basis points, and total face value of $50 million.
New accounting firm to provide more specialises advice : Your company,ABC partners, has been contacted via email by a prospective client(Dr. Paul Simmons-Simmons Medical Ptactice) who recently met at a networking function.
Why it is important for business survival : You are to research an actual business examples and the impact of IT on that business. Does business need IT? Why IT is important for business survival? What is required to apply IT into business
How to ship used machinery within the united states : How to ship used machinery within the United States? How to ship overseas? What documents are needed for shipping? Which export documents do we need if we ship to different countries?
Randomly drawn from the urn in succession : An urn contains 8 black and 9 green balls. Five balls are randomly drawn from the urn in succession, with replacement.That is, after each draw, the selected ball is returned to the urn. What is the probability that all 5 balls drawn from the ur..
A foreign exchange dealer with standard bank : c. Calculate the arbitrage profit that can be made assuming that Grace Moogzt is authorised to work with US$2 000 000 or the Rand equivalent. Show all the steps that need to be taken to make arbitrage profit.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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