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Write a 700- to 1,050-word summary of the team's discussion about IFRS versus GAAP, based
on your team collaborative discussions. The summary should be structured in a subject-bysubject format. An introduction and a conclusion are needed. Your essay should include the
answers to the following:
•
•
•
•
•
•
IFRS 8-1: What are some steps taken by both the FASB and IASB to move to fair value
measurement for financial instruments? In what ways have some of the approaches
differed?
IFRS 9-1: What is component depreciation, and when must it be used?
IFRS 9-2: What is revaluation of plant assets? When should revaluation be applied?
IFRS 9-3: Some product development expenditures are recorded as development
expenses and others as development costs. Explain the difference between these accounts
and how a company decides which classification is appropriate.
IFRS 10-2: Explain how IFRS defines a contingent liability and provide an example.
IFRS10-3: Briefly describe some similarities and differences between GAAP and IFRS
with respect to the accounting for liabilities.
Format your essay consistent with APA guidelines.
Use the Financial Accounting text and at least two additional scholarly-reviewed references.
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consultant
For this Assignment, imagine you are a consultant for a nonprofit organization. You may create a fictional program/organiz ...
consultant
For this Assignment, imagine you are a consultant for a nonprofit organization. You may create a fictional program/organization or you can select a current existing program at your agency/organization. As the consultant, you will create a presentation outlining a plan to measure the effectiveness of the organization.Your presentation will describe Impact Program Evaluation and the various research designs. Additionally, you will assist the organization in understanding the pros and cons of each design and (based on their program) provide an explanation of the best option for program evaluation.As explained in Chapter 11 of your text, there are common threats to internal validity preventing organizations from acquiring the accurate data needed to effectively plan and improve a program. Describe and discuss the seven threats to internal validity to the organization’s program. Include in the presentation a description of ways in which the organization is vulnerable to these threats and provide methods to prevent these internal threats to validity.Provide appropriate citations and references in APA format when utilizing the text and scholarly sources in your presentation. Your Assignment should include a 15-slide PowerPoint presentation, not including the title and reference slides. Please keep text on the slide uncluttered and to the point, and use the notes area to provide a script of what would be said during an actual presentation. Your presentation should be written in Standard English, clear, concise, and include minimal errors.
MT 450 Purdue University Global Environmental Gear & Business Service Paper
Services provide an additional form of revenue for companies. The service component can be a standalone offering, or a com ...
MT 450 Purdue University Global Environmental Gear & Business Service Paper
Services provide an additional form of revenue for companies. The service component can be a standalone offering, or a component of a product offering. In this Assignment you examine either a consumer service or a business service that is a market growth initiative to expand a company’s offerings beyond products.The following Course Outcome is assessed in this Assignment:MT450-6: Apply Marketing Mix principles to business or consumer services.Scenario: Environmentalgear is a home and office products company available online, promoted through a catalog mailed out every six months and through advertising via business magazines. “We make life easier” is their motto. Their logo is:Founded two years ago by a scientist, a product engineer, and a retail marketing expert, this startup started out with home products and, after gaining success, moved on to office devices.Their newest home product is a sleep-enhancing product which involves a light-weight, soft, but supportive neck collar with a detachable eye mask. The neck collar is preset to be the right temperature to induce sleep and yet provide a choice of soft mantras or meditative sounds on very low volume for the best amount of time per scientific sleep research. The wearer can set the sleep time and soft volume choice of sounds that begin to gradually wake them up. The temperature adjusts automatically throughout the night to be the right temperature. It comes in light and dark blue, black, grey, pink, pale green, and white.Their newest office product is a workstation that has built-in lighting (auto-adjusting and reducing blue light depending on the time of day). It also has a built-in fan for protecting the computer’s hard drive, and a built-in white board that can pop-up at the touch of a button and is the length of the desk. The desk has room for up to three monitors and includes a built-in device hub area that is flush with the surface.Existing company home and office products in navy blue, pale yellow, black, grey, pale green, red, and white.Window shades that auto-adjust to your time schedule and light.Blankets that adjust to your body temperature.Home kitchen or office/lab mats that are supportive, sustainable, and natural while providing cushioning for joints.Whole house or office lighting fixtures that adjust to the light outside, the time of day, and your schedule, to reduce blue light as you head towards sleep time and provide optional lighting for winter climates.Sustainable chair matting for offices that are non-skid but allow easy furniture rolling.The company now wants to expand into services.1) Consumer Service: They want to add an at-home service whereby a home ambience consultant will visit the customer at home to help them adjust their home products and make other recommendations for improving the home environment.2) Business Service: They also want to add office consultants who can improve the office ambiance so it will be more conducive to the company’s goals, comfort, and productivity.Choose business or consumer services from above.Provide a synopsis of your research on the Internet regarding any competition.Explain why they might want to add services to their business.Using the marketing mix, provide the 4 P’s of this new consulting service for home or office, developing the particulars that make sense based on the scenario and the real world.Describe how they might want to launch the chosen service and associate them with their branding.
Business 407 Assignment 2, business and finance homework help
Due Week 8 and worth 300 pointsCreate a written proposal in which you detail the complete design of an employee training p ...
Business 407 Assignment 2, business and finance homework help
Due Week 8 and worth 300 pointsCreate a written proposal in which you detail the complete design of an employee training program.Write a six to eight (6-8) page paper in which you:Design a two (2) day training program for a group of twenty (20) employees.Identify two to three (2-3) training needs though a Training Needs Analysis (TNA) and justify an approach for this training.Develop the training objective for this program based on an analysis of the business.Determine the training cost for the training program you are proposing. Include a detailed breakdown of time allotted for each piece, the subsequent cost analysis, and the total cost for the project as a whole.Select key training method(s) to deliver the program to employees, such as an e-Learning module or a one-day face-to-face training program.Create an agenda of activities for the training program.Use at least five (5) quality academic resources in this assignment. Note: Wikipedia and similar Websites do not qualify as academic resources.Format your assignment according to the following formatting requirements:Typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page is not included in the required page length.Include a reference page. Citations and references must follow APA format. The reference page is not included in the required page length.The specific course learning outcomes associated with this assignment are:Identify when to conduct a Training Needs Analysis (TNA).Analyze the various approaches to performing a Training Needs Analysis.Develop strategies for training design.Use technology and information resources to research issues in training and development.Write clearly and concisely about training and development using proper writing mechanics.
Lone Star College Real Estate Terms Questions
1. A sales license holder, Maria, works for ABC Realty. Her broker is James. She has signed a property management agreemen ...
Lone Star College Real Estate Terms Questions
1. A sales license holder, Maria, works for ABC Realty. Her broker is James. She has signed a property management agreement for the Sunshine Apartment Complex. The agreement authorizes the agent to manage the complex and includes the authority to oversee advertising, maintenance, leasing space, and collecting rents. Which of the following statements about this situation is true?(a) A sales license holder cannot sign a management agreement.(b) Maria is a general agent for the Sunshine Apartment Complex.(c) James is a special agent for the Sunshine Apartment Complex.(d) James is a general agent for the Sunshine Apartment Complex.13. Mark, a licensed sales agent with XYZ Real Estate, has taken a listing at 25 Smith Street. The seller has told Mark that two years ago, there was a murder/suicide on the property. The seller has asked that Mark be sensitive to this issue in marketing the property. The real estate term used to describe this property is _____(a) Unmarketable(b) Stigmatized(c) Uninsurable(d) Deficient14. Which of the following statements about Intermediary with Appointments is true?(a) The broker/Intermediary can give advice and opinions to both parties as long as he remains honest and fair.(b) The broker can be one of the appointees.(c) An appointed associate can give advice and opinions to one party .(d) Appointed associates can only disclose facts to the parties to the transaction.15. Which of the following statements about Intermediary with Appointments is true?(a) The broker/Intermediary can give advice and opinions to both parties as long as he remains honest and fair.(b) The broker can be one of the appointees.(c) An appointed associate can give advice and opinions to one party.(d) Appointed associates can only disclose facts to the parties to the transaction.25. A broker is responsible for which of the following actions or activities on the part of a sponsored license holder?(a) Timely renewal of a license(b) Enrollment in a health insurance plan(c) Completion of required continuing education(d) Use of promulgated forms26. In _____, an agent involved cannot give his advice or negotiate for either party.(a) Intermediary with Appointments(b) Cooperative Sales(c) Intermediary without Appointments(d) Transaction brokerage27. Mark has secured a listing on a property on Main St. in Magnolia, TX. In the listing, the seller gave permission for Intermediary and the use of appointed associates. Mary, another agent with the same firm, has a verbal buyer representation agreement with her client. Her client wants to buy Mark’s listing. Mary prepares an offer for the listing, and both parties are given notice that Mark is working with the seller, and Mary is working with the buyer. What is true?(a) This is a correct example of Intermediary with appointments.(b) Mark and Mary’s broker is working as a properly appointed Intermediary in this scenario.(c) Mark and Mary’s broker is working as a properly appointed Dual Agent in this scenario.(d) This scenario describes a violation of the License Act as the appointments must be made by the broker or another license holder with the authority to make appointments.30. A Texas independent broker works alone and does not sponsor any agents. He has a buyer client under a written buyer representation agreement who wants to purchase one of his listings. What is true?(a) He cannot sell the listing to his buyer client.(b) He must refer the buyer to another broker.(c) He can represent both parties as an Intermediary with appointments.(d) He can represent both parties as an Intermediary without appointments.33. To have a subagency relationship, the buyer must be a(n) _____.(a) Client(b) Unrepresented customer(c) Fellow broker(d) Landlord34. Which of the following is NOT a test for specifying that a sales agent is an independent contractor under the Tax Equity and Fiscal Responsibility Act?(a) The sales agent must be full-time salaried.(b) The sales agent must be paid on a commission basis.(c) The sales agent must hold a real estate license.(d) The sales agent must have a written contract with the broker specifying that he or she is not an employee.35. That the real estate agent should place no personal interest above that of his or her client is part of the Article of _____.(a) Integrity(b) Competency(c) Fidelity(d) Consumer Protection Notice CN 1-236. Which of the following elements is NOT included in a listing agreement?(a) The IABS form(b) A beginning date and termination date(c) The percentage of the broker's commission which is split with the agent(d) Intermediary consent38. Which of the following plays a role in influencing an individual's sense of morality?(a) Immediate family(b) Religious training(c) School experience(d) All of these are influences on morality40. When must the TREC IABS be presented?(a) At the first face-to-face meeting(b) At an open house(c) At first contact(d) At first substantive dialog41. A broker with a listing represents the _____.(a) Buyer(b) Tenant(c) Seller(d) Transaction47. Which of the following statements concerning employment law in Texas is FALSE?(a) Real estate brokers are exempt from providing worker's compensation to sponsored agents.(b) Real estate brokers must provide worker's compensation to sponsored agents.(c) The Texas Workforce Commission investigates allegations of discrimination.(d) All of these are false.52. Which of the following statements regarding the responsibilities of real estate license holders is FALSE?(a) License holders have a fiduciary duty to their clients.(b) License holders are responsible for written and oral statements to customers and clients.(c) License holders have no duties to customers.(d) License holders must treat all parties honestly.53. Which of the following actions by a broker is NOT a violation of federal law?(a) Attempting to fix prices(b) Limiting competition by assigning market areas(c) Negotiating commission rates with clients(d) Boycotting discount brokers56. Which of the following is the best example of the agency relationship?(a) Broker to fiduciary(b) Broker to principal(c) Customer to subagent(d) Broker to customer57. Unlike a general agent, a special agent is not allowed to _____ the principal.(a) Obey(b) Bind(c) Perform limited duties for(d) Be loyal59. According to TREC, what is true of livestreaming on social media platforms?(a) It is not allowed under TREC rules because it is too difficult for agents to stay in compliance with the rules when livestreaming.(b) Brokers have no control over what their sponsored agents are livestreaming, and should not allow agents to livestream.(c) It is allowed under TREC rules because agents who livestream have a variety of ways that they can stay in compliance with TREC rules on advertising.(d) TREC advertising rules for livestreaming are different from the rules for print advertising and other forms of online/digital advertising.60. Which statement regarding intermediary is FALSE?(a) There can be two intermediaries in the same transaction.(b) Intermediaries are not agents.(c) An intermediary may appoint more than one sales associate to work with the same party.(d) The broker decides whether or not to appoint associates.
ABC Wild Life and Reserves Critical Thinking
Adventures in Wild Life conducts tours of wildlife reserves around the world. They have recently purchased a new lodge in ...
ABC Wild Life and Reserves Critical Thinking
Adventures in Wild Life conducts tours of wildlife reserves around the world. They have recently purchased a new lodge in Adak, Alaska, utilizing a 4% mortgage from Bank of Alaska. As part of the agreement they must provide an annual report showing they are achieving a current ratio of 1.2 or better. In order to ensure they achieve this ratio, the CEO requested the CFO to reclassify the long-term debt investments into brokerage accounts to allow them to sell them soon. The adjustments were done knowing the company was not planning on selling these long-term investments. The economy took a downturn and the business saw revenues drop more than 60%.Explain how the move of long-term investments to brokerage investments would change the financial statements and how this movement would affect the current ratio.What information on the financial statements should have shown the bank of this movement?Determine if there was fraud in this movement and the type of fraud.
8 pages
R980 Answer
Outdoor sporting activities are games played outside the home The nominal qualitative attribute of the sport produ ...
R980 Answer
Outdoor sporting activities are games played outside the home The nominal qualitative attribute of the sport products is color The age of ...
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consultant
For this Assignment, imagine you are a consultant for a nonprofit organization. You may create a fictional program/organiz ...
consultant
For this Assignment, imagine you are a consultant for a nonprofit organization. You may create a fictional program/organization or you can select a current existing program at your agency/organization. As the consultant, you will create a presentation outlining a plan to measure the effectiveness of the organization.Your presentation will describe Impact Program Evaluation and the various research designs. Additionally, you will assist the organization in understanding the pros and cons of each design and (based on their program) provide an explanation of the best option for program evaluation.As explained in Chapter 11 of your text, there are common threats to internal validity preventing organizations from acquiring the accurate data needed to effectively plan and improve a program. Describe and discuss the seven threats to internal validity to the organization’s program. Include in the presentation a description of ways in which the organization is vulnerable to these threats and provide methods to prevent these internal threats to validity.Provide appropriate citations and references in APA format when utilizing the text and scholarly sources in your presentation. Your Assignment should include a 15-slide PowerPoint presentation, not including the title and reference slides. Please keep text on the slide uncluttered and to the point, and use the notes area to provide a script of what would be said during an actual presentation. Your presentation should be written in Standard English, clear, concise, and include minimal errors.
MT 450 Purdue University Global Environmental Gear & Business Service Paper
Services provide an additional form of revenue for companies. The service component can be a standalone offering, or a com ...
MT 450 Purdue University Global Environmental Gear & Business Service Paper
Services provide an additional form of revenue for companies. The service component can be a standalone offering, or a component of a product offering. In this Assignment you examine either a consumer service or a business service that is a market growth initiative to expand a company’s offerings beyond products.The following Course Outcome is assessed in this Assignment:MT450-6: Apply Marketing Mix principles to business or consumer services.Scenario: Environmentalgear is a home and office products company available online, promoted through a catalog mailed out every six months and through advertising via business magazines. “We make life easier” is their motto. Their logo is:Founded two years ago by a scientist, a product engineer, and a retail marketing expert, this startup started out with home products and, after gaining success, moved on to office devices.Their newest home product is a sleep-enhancing product which involves a light-weight, soft, but supportive neck collar with a detachable eye mask. The neck collar is preset to be the right temperature to induce sleep and yet provide a choice of soft mantras or meditative sounds on very low volume for the best amount of time per scientific sleep research. The wearer can set the sleep time and soft volume choice of sounds that begin to gradually wake them up. The temperature adjusts automatically throughout the night to be the right temperature. It comes in light and dark blue, black, grey, pink, pale green, and white.Their newest office product is a workstation that has built-in lighting (auto-adjusting and reducing blue light depending on the time of day). It also has a built-in fan for protecting the computer’s hard drive, and a built-in white board that can pop-up at the touch of a button and is the length of the desk. The desk has room for up to three monitors and includes a built-in device hub area that is flush with the surface.Existing company home and office products in navy blue, pale yellow, black, grey, pale green, red, and white.Window shades that auto-adjust to your time schedule and light.Blankets that adjust to your body temperature.Home kitchen or office/lab mats that are supportive, sustainable, and natural while providing cushioning for joints.Whole house or office lighting fixtures that adjust to the light outside, the time of day, and your schedule, to reduce blue light as you head towards sleep time and provide optional lighting for winter climates.Sustainable chair matting for offices that are non-skid but allow easy furniture rolling.The company now wants to expand into services.1) Consumer Service: They want to add an at-home service whereby a home ambience consultant will visit the customer at home to help them adjust their home products and make other recommendations for improving the home environment.2) Business Service: They also want to add office consultants who can improve the office ambiance so it will be more conducive to the company’s goals, comfort, and productivity.Choose business or consumer services from above.Provide a synopsis of your research on the Internet regarding any competition.Explain why they might want to add services to their business.Using the marketing mix, provide the 4 P’s of this new consulting service for home or office, developing the particulars that make sense based on the scenario and the real world.Describe how they might want to launch the chosen service and associate them with their branding.
Business 407 Assignment 2, business and finance homework help
Due Week 8 and worth 300 pointsCreate a written proposal in which you detail the complete design of an employee training p ...
Business 407 Assignment 2, business and finance homework help
Due Week 8 and worth 300 pointsCreate a written proposal in which you detail the complete design of an employee training program.Write a six to eight (6-8) page paper in which you:Design a two (2) day training program for a group of twenty (20) employees.Identify two to three (2-3) training needs though a Training Needs Analysis (TNA) and justify an approach for this training.Develop the training objective for this program based on an analysis of the business.Determine the training cost for the training program you are proposing. Include a detailed breakdown of time allotted for each piece, the subsequent cost analysis, and the total cost for the project as a whole.Select key training method(s) to deliver the program to employees, such as an e-Learning module or a one-day face-to-face training program.Create an agenda of activities for the training program.Use at least five (5) quality academic resources in this assignment. Note: Wikipedia and similar Websites do not qualify as academic resources.Format your assignment according to the following formatting requirements:Typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page is not included in the required page length.Include a reference page. Citations and references must follow APA format. The reference page is not included in the required page length.The specific course learning outcomes associated with this assignment are:Identify when to conduct a Training Needs Analysis (TNA).Analyze the various approaches to performing a Training Needs Analysis.Develop strategies for training design.Use technology and information resources to research issues in training and development.Write clearly and concisely about training and development using proper writing mechanics.
Lone Star College Real Estate Terms Questions
1. A sales license holder, Maria, works for ABC Realty. Her broker is James. She has signed a property management agreemen ...
Lone Star College Real Estate Terms Questions
1. A sales license holder, Maria, works for ABC Realty. Her broker is James. She has signed a property management agreement for the Sunshine Apartment Complex. The agreement authorizes the agent to manage the complex and includes the authority to oversee advertising, maintenance, leasing space, and collecting rents. Which of the following statements about this situation is true?(a) A sales license holder cannot sign a management agreement.(b) Maria is a general agent for the Sunshine Apartment Complex.(c) James is a special agent for the Sunshine Apartment Complex.(d) James is a general agent for the Sunshine Apartment Complex.13. Mark, a licensed sales agent with XYZ Real Estate, has taken a listing at 25 Smith Street. The seller has told Mark that two years ago, there was a murder/suicide on the property. The seller has asked that Mark be sensitive to this issue in marketing the property. The real estate term used to describe this property is _____(a) Unmarketable(b) Stigmatized(c) Uninsurable(d) Deficient14. Which of the following statements about Intermediary with Appointments is true?(a) The broker/Intermediary can give advice and opinions to both parties as long as he remains honest and fair.(b) The broker can be one of the appointees.(c) An appointed associate can give advice and opinions to one party .(d) Appointed associates can only disclose facts to the parties to the transaction.15. Which of the following statements about Intermediary with Appointments is true?(a) The broker/Intermediary can give advice and opinions to both parties as long as he remains honest and fair.(b) The broker can be one of the appointees.(c) An appointed associate can give advice and opinions to one party.(d) Appointed associates can only disclose facts to the parties to the transaction.25. A broker is responsible for which of the following actions or activities on the part of a sponsored license holder?(a) Timely renewal of a license(b) Enrollment in a health insurance plan(c) Completion of required continuing education(d) Use of promulgated forms26. In _____, an agent involved cannot give his advice or negotiate for either party.(a) Intermediary with Appointments(b) Cooperative Sales(c) Intermediary without Appointments(d) Transaction brokerage27. Mark has secured a listing on a property on Main St. in Magnolia, TX. In the listing, the seller gave permission for Intermediary and the use of appointed associates. Mary, another agent with the same firm, has a verbal buyer representation agreement with her client. Her client wants to buy Mark’s listing. Mary prepares an offer for the listing, and both parties are given notice that Mark is working with the seller, and Mary is working with the buyer. What is true?(a) This is a correct example of Intermediary with appointments.(b) Mark and Mary’s broker is working as a properly appointed Intermediary in this scenario.(c) Mark and Mary’s broker is working as a properly appointed Dual Agent in this scenario.(d) This scenario describes a violation of the License Act as the appointments must be made by the broker or another license holder with the authority to make appointments.30. A Texas independent broker works alone and does not sponsor any agents. He has a buyer client under a written buyer representation agreement who wants to purchase one of his listings. What is true?(a) He cannot sell the listing to his buyer client.(b) He must refer the buyer to another broker.(c) He can represent both parties as an Intermediary with appointments.(d) He can represent both parties as an Intermediary without appointments.33. To have a subagency relationship, the buyer must be a(n) _____.(a) Client(b) Unrepresented customer(c) Fellow broker(d) Landlord34. Which of the following is NOT a test for specifying that a sales agent is an independent contractor under the Tax Equity and Fiscal Responsibility Act?(a) The sales agent must be full-time salaried.(b) The sales agent must be paid on a commission basis.(c) The sales agent must hold a real estate license.(d) The sales agent must have a written contract with the broker specifying that he or she is not an employee.35. That the real estate agent should place no personal interest above that of his or her client is part of the Article of _____.(a) Integrity(b) Competency(c) Fidelity(d) Consumer Protection Notice CN 1-236. Which of the following elements is NOT included in a listing agreement?(a) The IABS form(b) A beginning date and termination date(c) The percentage of the broker's commission which is split with the agent(d) Intermediary consent38. Which of the following plays a role in influencing an individual's sense of morality?(a) Immediate family(b) Religious training(c) School experience(d) All of these are influences on morality40. When must the TREC IABS be presented?(a) At the first face-to-face meeting(b) At an open house(c) At first contact(d) At first substantive dialog41. A broker with a listing represents the _____.(a) Buyer(b) Tenant(c) Seller(d) Transaction47. Which of the following statements concerning employment law in Texas is FALSE?(a) Real estate brokers are exempt from providing worker's compensation to sponsored agents.(b) Real estate brokers must provide worker's compensation to sponsored agents.(c) The Texas Workforce Commission investigates allegations of discrimination.(d) All of these are false.52. Which of the following statements regarding the responsibilities of real estate license holders is FALSE?(a) License holders have a fiduciary duty to their clients.(b) License holders are responsible for written and oral statements to customers and clients.(c) License holders have no duties to customers.(d) License holders must treat all parties honestly.53. Which of the following actions by a broker is NOT a violation of federal law?(a) Attempting to fix prices(b) Limiting competition by assigning market areas(c) Negotiating commission rates with clients(d) Boycotting discount brokers56. Which of the following is the best example of the agency relationship?(a) Broker to fiduciary(b) Broker to principal(c) Customer to subagent(d) Broker to customer57. Unlike a general agent, a special agent is not allowed to _____ the principal.(a) Obey(b) Bind(c) Perform limited duties for(d) Be loyal59. According to TREC, what is true of livestreaming on social media platforms?(a) It is not allowed under TREC rules because it is too difficult for agents to stay in compliance with the rules when livestreaming.(b) Brokers have no control over what their sponsored agents are livestreaming, and should not allow agents to livestream.(c) It is allowed under TREC rules because agents who livestream have a variety of ways that they can stay in compliance with TREC rules on advertising.(d) TREC advertising rules for livestreaming are different from the rules for print advertising and other forms of online/digital advertising.60. Which statement regarding intermediary is FALSE?(a) There can be two intermediaries in the same transaction.(b) Intermediaries are not agents.(c) An intermediary may appoint more than one sales associate to work with the same party.(d) The broker decides whether or not to appoint associates.
ABC Wild Life and Reserves Critical Thinking
Adventures in Wild Life conducts tours of wildlife reserves around the world. They have recently purchased a new lodge in ...
ABC Wild Life and Reserves Critical Thinking
Adventures in Wild Life conducts tours of wildlife reserves around the world. They have recently purchased a new lodge in Adak, Alaska, utilizing a 4% mortgage from Bank of Alaska. As part of the agreement they must provide an annual report showing they are achieving a current ratio of 1.2 or better. In order to ensure they achieve this ratio, the CEO requested the CFO to reclassify the long-term debt investments into brokerage accounts to allow them to sell them soon. The adjustments were done knowing the company was not planning on selling these long-term investments. The economy took a downturn and the business saw revenues drop more than 60%.Explain how the move of long-term investments to brokerage investments would change the financial statements and how this movement would affect the current ratio.What information on the financial statements should have shown the bank of this movement?Determine if there was fraud in this movement and the type of fraud.
8 pages
R980 Answer
Outdoor sporting activities are games played outside the home The nominal qualitative attribute of the sport produ ...
R980 Answer
Outdoor sporting activities are games played outside the home The nominal qualitative attribute of the sport products is color The age of ...
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