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!
Question - You are an auditor at a public accounting firm. You are conducting an audit for the financial year ending December 31, 2017. Your client has go public. This client is a property development company. Your client builds property in the form of apartment units, housing / real estate and also property investment products in the form of lots ready to build. In addition, this client also has a project development cooperation with its customers. The client is bound by a contract signed by both parties before a notary for the construction of a project with this customer. The project has not been completed 100%, however, the client says that the project has been completed 60% and the client acknowledges 60% of the development as revenue in the 2017 financial year.
a. As an auditor, what account should the client classify the apartment and housing / real estate complex be? Explain the answer!
b. What is the audit procedure that you will apply to ensure the recognition of revenue that is 60% of the project!
c. What audit evidence will you examine and what are the related assertions? Explain the answer!
Question - Use Easton Company adjusted Trial Balance 31-Dec-18, prepare the Single-Step Income Statement for the fiscal year
write a 1,050- to 1,750-word paper discussing policing practices and operations. Include an assessment of the following:
the lake superior company has spent a total of 153000 at the beginning of 2000 in acquiring patents for its
Name the accounts impacted and how to use the format account name/debit or credit/dollar amount, and explain how the Accounting Equation is impacted.
What are the hallmark features of the Ashton school as explicitly noted or inferred in Watkins' conversation with Martino
The computer workstation furniture manufacturing that Santana Rey started is progressing well. At this point, Santana is using a job order costing system.
Compute the manufacturing overhead. Calculate the total manufacturing cost. Compute the prime cost. Compute the conversion cost.
Explain five (5) common ethical issues associates to accounting. Explain four (4) abilities students should have to study accounting information system
Modern Healthcare, a group practice clinic with 10 physicians. Prepare a budgeted income statement for Modern Healthcare for the year 2015.
The bonds were issued at $96,768 to yield an annual return of 10%. Show an amortization schedule by the straight-line method
On May 21, Elegant Lawns purchases office supplies on credit for $600. For each of the above transaction, analyze the transaction using the accounting equation
Identify a risk that may have created the problem. Recommend an internal control procedure to prevent the problem in the future.
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