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Briefly explain generally accepted accounting principles (GAAP), and describe why it is important that public companies follow GAAP when preparing financial statements.
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AACE International Canons of Ethics Case Study
See the attach file ( Project.pdf ), it has all information and the instructions you need to know.Use just the case study ...
AACE International Canons of Ethics Case Study
See the attach file ( Project.pdf ), it has all information and the instructions you need to know.Use just the case study I give it to you ( Case Study ) and the file ( AACE Canons) as source. The two files related to each other.Do not use any other source.I have 5 question to answer (in red color) on file ( Project ), Read them carefully.- The answer for Question 1 is from file ( AACE Canons). - The other Questions from file ( Case Study ).Be attention:Use the questions as headings and an outline to work.
DB1 Replies - BMAL 550
Replies (Modules/Weeks 2, 4, 6, and 8) You are required to reply to the Case Study responses of two classmates. The cla ...
DB1 Replies - BMAL 550
Replies (Modules/Weeks 2, 4, 6, and 8) You are required to reply to the Case Study responses of two classmates. The classmates you choose to respond to should not have researched the same question as you. Each reply will include at least 2 original references and should be at least 250 words. The response should not be an agreement or disagreement with the initial post, but an evaluation of the author’s analysis. All assertions must be supported by research and should not be based upon one’s “feeling” or “opinion.” For each reply, the following headings should include: Response to: Classmate’s Name, Case Study Name, Question Number Response: An evaluation written in current APA format, using third person. References: Refer to the APA Manual for proper formatting. Biblical integration: Just as you did for the thread, provide integration of a biblical concept that supports your reply.
module 4 assignments
Module 4 - CaseBUDGETING, VARIANCE ANALYSIS, AND PERFORMANCE EVALUATIONSAssignment OverviewT&P Fashion ShopsT&P Fashion Sh ...
module 4 assignments
Module 4 - CaseBUDGETING, VARIANCE ANALYSIS, AND PERFORMANCE EVALUATIONSAssignment OverviewT&P Fashion ShopsT&P Fashion Shops is a new chain that operates 10 stores in major malls throughout the United States. Each store manager is responsible for preparing a flexible budget for the store. T&P headquarters accumulates and analyzes the information for each store and in the aggregate.Below is the forecast (budgeted income statement) for the Houston store showing the breakdown of fixed and variable expenses in columns two through four. The last column shows the actual results. T&P Fashions - Houston StoreBreakdown of Expenses (Forecast)ForecastFixedVariableActualRevenues$1,400,000$1,260,000Cost of Sales790,000790,000760,000Gross Profit$610,000$500,000Management182,000154,70027,300182,000Shop assistants258,000154,800103,200262,000Rent23,20018,5604,64022,000Utilities34,80034,80031,000Misc. expenses24,50012,25012,25029,000Total expenses$522,500$526,000Net income$87,500$(26,000)==================Additional InformationVariable expenses are based on revenues and we assume that the percentage remains constant for flexible budgeting purposes.Fixed costs are all within the relevant range.Other expenses are all specific to this store. Headquarters pay for marketing and corporate overhead expenses.Case AssignmentRequired:Computations (use Excel)Prepare a flexible budget and show variances for the year that passed. Indicate whether the flexible budget variances are favorable or unfavorable.Headquarters are contemplating charging each store a 5% marketing expense based on sales. How will that affect the operating profit of the store and the money available for managerial bonuses based on actual results for the past year? Summarize the information in a table.Memo (use Word)Write a 4- or 5-paragraph memo to the division manager explaining the flexible budget variances; how to interpret the information and what action, if any to take. Comment on the 5% marketing proposal too. Start with an introduction and end with a recommendation. Each of the four or five paragraphs should have a heading.Short Essay (use Word)Start with an introduction and end with a summary or conclusion. Use headings.Discuss how to interpret static and flexible budget variances.What are the benefits of variance analysis? How can such analysis be detrimental rather than beneficial to the organization?Assignment ExpectationsEach submission should include two files: (1) An Excel file and (2) a Word document. The Word document shows the memo first and short essay last. Assume a knowledgeable business audience and use required format and length. Individuals in business are busy and want information presented in an organized and concise manner. Module 4 - SLPBUDGETING, VARIANCE ANALYSIS, AND PERFORMANCE EVALUATIONSFourth and final part of the presentation. See background information for the module one SLP.Required:Make comments and suggestions on the following topics in your presentation.Enterprise and corporate performance management.Behavioral change management.The balanced score card.How to foster goal congruence for the organization and employees.SLP Assignment ExpectationsSubmit a PowerPoint presentation or a Word Document. A PowerPoint presentation should have no more than six slides and a Word document cannot exceed two pages. Use words, tables, and graphs to make a succinct presentation. Document all sources and provide links at the end. It is acceptable to add another slide or page to list the sources.Combine the submissions from prior module(s) into one file before uploading to the dropbox.Module 4 - BackgroundBUDGETING, VARIANCE ANALYSIS, AND PERFORMANCE EVALUATIONSModular Learning ObjectivesKeep the following objectives in mind as you work through the material in this module:Define the role of budgeting in an organization.Identify the use of budgets.Recognize different types of budgets.Prepare and analyze budgets.Differentiate between a static budget and a flexible budget.Apply variance analysis.Required ReadingThis module covers budgeting and variance analysis. Explore these topics further while keeping the above six objectives in mind. Click on the three arrows to explore each topic in more detail.Check Your UnderstandingCheck your understanding to make sure that you have a good grasp of the background material. If you are not comfortable with the concepts, review some of the material again or go to the optional resource for more examples.Click on the quiz icon for an ungraded, 20-question true-or-false self-study quiz to check your progress. If you are not satisfied with the score, review some of the material again. For more in-depth information, review materials listed under optional reading at the bottom of this page.Final ThoughtsKey aspects of budgeting are planning and control. Budgets also serve as tools of communication.Planning is crucial to an organization. It provides a framework for making decisions by establishing goals, objectives, and strategies. It is oriented toward the future and involves an awareness of how today's decisions will affect tomorrow's opportunities. Planning is essential for achieving both short- and long-run organizational goals, and successful managers are continuously planning.Budgets are objective and are measurable. Results-oriented objectives are the foundation for controlling operations. Controls also involve the monitoring of the implementation of plans through performance reviews. They are used to compare actual results with objectives.A flexible budget can be adjusted for changes in assumptions or variations in the level of operations. A budget can be adjusted for changes in assumptions or variations in the level of operations. Variance analysis based on flexible budgets are therefore more meaningful than those based on a static budget.Optional ReadingFor further detail refer to Dr. Walther’s accounting text and videos.Walther, L. (2017). Chapter 21: Budgeting—Planning for Success.LICENSES AND ATTRIBUTIONS
choose companies and analysis for funds
read the document that I upload below and write your analysis. no need to use APA style and just need to write around 500 ...
choose companies and analysis for funds
read the document that I upload below and write your analysis. no need to use APA style and just need to write around 500 words and include referrence. thank you!
28 pages
Mba Capstone Project Assignment
Laws and regulations for the Oil and Gas Industry......................................................................... ...
Mba Capstone Project Assignment
Laws and regulations for the Oil and Gas Industry................................................................................. 21 Provide reliable ...
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AACE International Canons of Ethics Case Study
See the attach file ( Project.pdf ), it has all information and the instructions you need to know.Use just the case study ...
AACE International Canons of Ethics Case Study
See the attach file ( Project.pdf ), it has all information and the instructions you need to know.Use just the case study I give it to you ( Case Study ) and the file ( AACE Canons) as source. The two files related to each other.Do not use any other source.I have 5 question to answer (in red color) on file ( Project ), Read them carefully.- The answer for Question 1 is from file ( AACE Canons). - The other Questions from file ( Case Study ).Be attention:Use the questions as headings and an outline to work.
DB1 Replies - BMAL 550
Replies (Modules/Weeks 2, 4, 6, and 8) You are required to reply to the Case Study responses of two classmates. The cla ...
DB1 Replies - BMAL 550
Replies (Modules/Weeks 2, 4, 6, and 8) You are required to reply to the Case Study responses of two classmates. The classmates you choose to respond to should not have researched the same question as you. Each reply will include at least 2 original references and should be at least 250 words. The response should not be an agreement or disagreement with the initial post, but an evaluation of the author’s analysis. All assertions must be supported by research and should not be based upon one’s “feeling” or “opinion.” For each reply, the following headings should include: Response to: Classmate’s Name, Case Study Name, Question Number Response: An evaluation written in current APA format, using third person. References: Refer to the APA Manual for proper formatting. Biblical integration: Just as you did for the thread, provide integration of a biblical concept that supports your reply.
module 4 assignments
Module 4 - CaseBUDGETING, VARIANCE ANALYSIS, AND PERFORMANCE EVALUATIONSAssignment OverviewT&P Fashion ShopsT&P Fashion Sh ...
module 4 assignments
Module 4 - CaseBUDGETING, VARIANCE ANALYSIS, AND PERFORMANCE EVALUATIONSAssignment OverviewT&P Fashion ShopsT&P Fashion Shops is a new chain that operates 10 stores in major malls throughout the United States. Each store manager is responsible for preparing a flexible budget for the store. T&P headquarters accumulates and analyzes the information for each store and in the aggregate.Below is the forecast (budgeted income statement) for the Houston store showing the breakdown of fixed and variable expenses in columns two through four. The last column shows the actual results. T&P Fashions - Houston StoreBreakdown of Expenses (Forecast)ForecastFixedVariableActualRevenues$1,400,000$1,260,000Cost of Sales790,000790,000760,000Gross Profit$610,000$500,000Management182,000154,70027,300182,000Shop assistants258,000154,800103,200262,000Rent23,20018,5604,64022,000Utilities34,80034,80031,000Misc. expenses24,50012,25012,25029,000Total expenses$522,500$526,000Net income$87,500$(26,000)==================Additional InformationVariable expenses are based on revenues and we assume that the percentage remains constant for flexible budgeting purposes.Fixed costs are all within the relevant range.Other expenses are all specific to this store. Headquarters pay for marketing and corporate overhead expenses.Case AssignmentRequired:Computations (use Excel)Prepare a flexible budget and show variances for the year that passed. Indicate whether the flexible budget variances are favorable or unfavorable.Headquarters are contemplating charging each store a 5% marketing expense based on sales. How will that affect the operating profit of the store and the money available for managerial bonuses based on actual results for the past year? Summarize the information in a table.Memo (use Word)Write a 4- or 5-paragraph memo to the division manager explaining the flexible budget variances; how to interpret the information and what action, if any to take. Comment on the 5% marketing proposal too. Start with an introduction and end with a recommendation. Each of the four or five paragraphs should have a heading.Short Essay (use Word)Start with an introduction and end with a summary or conclusion. Use headings.Discuss how to interpret static and flexible budget variances.What are the benefits of variance analysis? How can such analysis be detrimental rather than beneficial to the organization?Assignment ExpectationsEach submission should include two files: (1) An Excel file and (2) a Word document. The Word document shows the memo first and short essay last. Assume a knowledgeable business audience and use required format and length. Individuals in business are busy and want information presented in an organized and concise manner. Module 4 - SLPBUDGETING, VARIANCE ANALYSIS, AND PERFORMANCE EVALUATIONSFourth and final part of the presentation. See background information for the module one SLP.Required:Make comments and suggestions on the following topics in your presentation.Enterprise and corporate performance management.Behavioral change management.The balanced score card.How to foster goal congruence for the organization and employees.SLP Assignment ExpectationsSubmit a PowerPoint presentation or a Word Document. A PowerPoint presentation should have no more than six slides and a Word document cannot exceed two pages. Use words, tables, and graphs to make a succinct presentation. Document all sources and provide links at the end. It is acceptable to add another slide or page to list the sources.Combine the submissions from prior module(s) into one file before uploading to the dropbox.Module 4 - BackgroundBUDGETING, VARIANCE ANALYSIS, AND PERFORMANCE EVALUATIONSModular Learning ObjectivesKeep the following objectives in mind as you work through the material in this module:Define the role of budgeting in an organization.Identify the use of budgets.Recognize different types of budgets.Prepare and analyze budgets.Differentiate between a static budget and a flexible budget.Apply variance analysis.Required ReadingThis module covers budgeting and variance analysis. Explore these topics further while keeping the above six objectives in mind. Click on the three arrows to explore each topic in more detail.Check Your UnderstandingCheck your understanding to make sure that you have a good grasp of the background material. If you are not comfortable with the concepts, review some of the material again or go to the optional resource for more examples.Click on the quiz icon for an ungraded, 20-question true-or-false self-study quiz to check your progress. If you are not satisfied with the score, review some of the material again. For more in-depth information, review materials listed under optional reading at the bottom of this page.Final ThoughtsKey aspects of budgeting are planning and control. Budgets also serve as tools of communication.Planning is crucial to an organization. It provides a framework for making decisions by establishing goals, objectives, and strategies. It is oriented toward the future and involves an awareness of how today's decisions will affect tomorrow's opportunities. Planning is essential for achieving both short- and long-run organizational goals, and successful managers are continuously planning.Budgets are objective and are measurable. Results-oriented objectives are the foundation for controlling operations. Controls also involve the monitoring of the implementation of plans through performance reviews. They are used to compare actual results with objectives.A flexible budget can be adjusted for changes in assumptions or variations in the level of operations. A budget can be adjusted for changes in assumptions or variations in the level of operations. Variance analysis based on flexible budgets are therefore more meaningful than those based on a static budget.Optional ReadingFor further detail refer to Dr. Walther’s accounting text and videos.Walther, L. (2017). Chapter 21: Budgeting—Planning for Success.LICENSES AND ATTRIBUTIONS
choose companies and analysis for funds
read the document that I upload below and write your analysis. no need to use APA style and just need to write around 500 ...
choose companies and analysis for funds
read the document that I upload below and write your analysis. no need to use APA style and just need to write around 500 words and include referrence. thank you!
28 pages
Mba Capstone Project Assignment
Laws and regulations for the Oil and Gas Industry......................................................................... ...
Mba Capstone Project Assignment
Laws and regulations for the Oil and Gas Industry................................................................................. 21 Provide reliable ...
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