User Account

All Pages

What could exist in the higher education industry

Assignment Help Accounting Basics
Reference no: EM132712846

You are the Auditor-In-Charge employed at Whitinton and Brilliance Students, LLC, a local CPA firm. You are planning an audit of Harvard State University. The firm has been on this audit for 2 years and it is your first time working on the audit. There are 120 hours assigned to this engagement.

Planning the Audit:

Problem 1: What are some risks that could exist in the higher education industry? Would you suggest these risks be considered during the audit? Do these risks impact the financial statements? List at least 5 risks.

Reference no: EM132712846

Questions Cloud

Determine the number of orders per year : A small mail-order company uses 16,000 boxes a year. Holding cost rate is 16 percent of unit cost per year, and ordering cost is $31 per order.
Calculate cost of goods sold : Calculate cost of goods sold using the Specific Identification method. Assume the March 9 sale consisted of 40 units form beginning inventory
Typical challenges for hrm in international smes : What are some of the typical challenges for HRM in international SMEs?
What expatriate support services are available in france : The management team asks you to conduct Internet-based research to find out what expatriate support services are available in France.
What could exist in the higher education industry : What are some risks that could exist in the higher education industry? Would you suggest these risks be considered during the audit?
What recommendations would you give to the company : Star Corporation provides information solutions to businesses and consumers regarding credit reporting, fraud protection, and debt recovery services.
Prepare journal entries to record the forfeiture : The balance of the Forfeited Shares account will be refunded to the former shareholders. Prepare journal entries to record the forfeiture and reissue above
Advantages and limitation on the subway and bus systems : What are the advantages and limitation on the subway and bus systems?
How would determine accounting standard applicable to client : How would determine accounting standards applicable to client? You are the Auditor-In-Charge employed at Whitinton and Brilliance Students, LLC, local CPA firm

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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