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Using your own personal experiences and knowledge please discuss the following question:
1. Do you believe that accounting is critical to our economic system? Why is it an integral part of our economic system Explain. Support your answers with at least one practical example. Why did you choose accounting as your major? If it is not your major, explain your reason for your selection of your major
2. What is a CPA? What service can a CPA provide that a non CPA accountant cannot regardless of how many other qualifications he/she has including a doctorate in accounting?
3. What are some of the specializations in the accounting field? Discuss one or more of them. Which one are you considering if you are an Accounting major?
4. Post a job description detailing the responsibilities and requirements on any accounting position that requires a minimum of a Bachelor's degree. Was there anything about that job description that surprised you (pleasant or unpleasant)
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: - Explain the goals and uses of special journals.
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.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
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, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
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