CompetencyClassify the components of project planning.ScenarioIn your role as a Project Manager for Kingston-Bryce Limited you have been assigned to create a risk mitigation plan. Risk mitigation is a key component of project planning because you are trying to look at all of the alternatives while planning everything for a project. The Board of Directors for Kingston-Bryce Limited (KBL) is eager to move forward with the acquisition of their competitor. The acquisition of the competitor will enable KBL to expand operations and triple their workforce and will take 18 months to complete with a projected cost of $5 million. The project could be at risk because there have been rumors that another buyer has entered a bid to buy KBL’s competitor. In order for this acquisition to be successful, you will need to use your project management skills to ensure success and that the project stays on budget and time.InstructionsYour task is to create a risk mitigation plan in Microsoft Word to ensure that KBL has documentation to complete the acquisition. Detail the risks the project may be subjected to and what actions will be taken to minimize the impact of these risks on your project. You will need to create a list of risks that could potentially happen in the project. Be creative!Think about examples such as cost, contractual, financial, political, or technical risks that might occur when launching a project. A key point to remember is that risks are broken down into the following broad categories, which should be included in your plan:Risk avoidanceRisk sharingRisk reductionRisk transfer

Reflection Paper 3List bicultural individuals who are serving (or have served) as leaders of the world nations. What are the major characteristics of those nations? Are those common characteristics, or do major characteristics of those nations differ? Do you foresee growing number of such opportunities in the future? Reflection papers (no longer than 7 pages, including references and the title page) should articulate your understanding of theoretical concepts discussed during that Module, as it applied to a hypothetical or a real-life situation.All papers (submitted digitally) must be in 12-point type, double spaced, with 1” margins. APA format is required.

By continuing to use the company that you adopted in ACC 610, you will apply the technical competence and other skills required by today's CPAs. Through case-study analysis, you will develop skills such as communication, presentation, and interpersonal relations in conjunction with technical accounting knowledge.ACC 620: Financial Reporting II is a continuation of ACC 610. In ACC 620, your focus in the final project will be on developing skills in critical thinking and applying accounting theories and practices, according to generally accepted accounting principles (GAAP). You will be analyzing situations and communicating results to decision makers with an emphasis on stockholders' equity, income measurement, income taxes, pensions, leases, and statements of changes in financial positions.Stockholders' Equity Determine how your company got its initial financial start in terms of debt (liabilities) or equity (capital). Support your response.Analyze the equity section of your company's balance sheet as compared to your company's industry average. Rate the company's performance against its competitors.Review your company's dividend policy and its history. Based on the information, discuss the trends over the past year. Income Measurement/Revenue Recognition Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) came together on a unified project to outline the accounting principles for recognizing revenue and to develop a common revenue standard for U.S. GAAP and IFRS. Research IAS-18, Revenue, and discuss how it would apply to your company.Review your company's revenue over the past two years. Analyze the change in revenue (increase/decrease) and give the reasons for this change.Reflecting upon your company's balance sheet, identify the unearned revenue accounts listed. How does your company handle the proper accounting treatment with regard to recognizing revenue from unearned revenue accounts? For additional details, please refer to the Milestone One Guidelines and Rubric document.