...ACC 230 WEEK 8 ANALYZING FINANCIAL DATA To Download this course, visit this link http://www.nerdypupil.com/product/acc-230-week-8-analyzing-financial-data/ Or email us at support@nerdypupil.com ACC 230 WEEK 8 ANALYZING FINANCIAL DATA CheckPoint: Analyzing Financial Data Resource:Ch. 6 of Understanding Financial Statements Complete Problem 6.6 on p. 232 (Ch. 6). Submit your answers to questions A and B. Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 230 Week 8 Analyzing Financial Data in order to ace their studies. ACC 230 WEEK 8 ANALYZING FINANCIAL DATA To Download this course, visit this link http://www.nerdypupil.com/product/acc-230-week-8-analyzing-financial-data/ Or email us at support@nerdypupil.com ACC 230 WEEK 8 ANALYZING FINANCIAL DATA CheckPoint: Analyzing Financial Data Resource:Ch. 6 of Understanding Financial Statements Complete Problem 6.6 on p. 232 (Ch. 6). Submit your answers to questions A and B. Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 230 Week 8 Analyzing Financial Data in order to ace their studies. ACC 230 WEEK 8 ANALYZING FINANCIAL DATA To Download this course, visit this link http://www.nerdypupil.com/product/acc-230-week-8-analyzing-financial-data/ Or email us at support@nerdypupil.com ACC 230 WEEK 8 ANALYZING FINANCIAL DATA CheckPoint: Analyzing Financial Data Resource:Ch. 6 of Understanding Financial Statements Complete...
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...historical reference by defining procedures for retention, protection, retrieval, transfer, and disposal of records after its expiration period. • Maintains office efficiency by planning and implementing office systems, layouts, and procurement of equipments. • Designs and implements office policies by establishing standards and procedures; measuring results against standards; making necessary adjustments. • Completes various tasks based on the requirements and follow up on work results. • Keep management informed by reviewing and analyzing special reports; summarizing information; identifying trends. • Maintains professional and technical knowledge by attending educational workshops on the web; reviewing professional publications; establishing networks; participating in professional societies. • Achieves financial objectives by preparing an annual budget; scheduling expenditures; analyzing variances; initiating corrective actions. • Contribute effort to accomplish related results as needed. • Renewal of Tenancy Contracts – Employee Residence, by having accurate information and proper documentation. • Arrange insurance for their accommodation being MPAM’s assets and renew the same on time. • Set up Insurance for the Office Premises, Assets, and Fidelity Guarantees. • Negotiate with the suppliers to get a competitive Pricing for all services required by the company...
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...21 1 2 3 4 5 Chapter Twenty-One Analyzing Financial Statements After completing this chapter, you should be able to: Explain the objectives of financial statement analysis. Describe and use the following four analytical techniques: horizontal analysis, trend analysis, vertical analysis, and ratio analysis. Explain the importance of comparisons and trends in financial statement analysis. Prepare and interpret common-size financial statements. Define and compute the various financial ratios discussed in the chapter. CONTEMPORARY INTERIORS TO GO NATIONAL Chicago, IL—Contemporary Interiors, a Chicago tradition in Scandinavian furniture and contemporary design, has announced a decision to go national. Although Contemporary Interiors has opened stores throughout the Midwest in recent years, the company has remained a regional business with the bulk of its sales in the greater Chicago area. Yesterday, however, a company spokesman announced that Contemporary Interiors’ Board of Directors had decided the time was right to make the next move. Marc Janson, spokesman for the firm’s president and CEO, pointed to the strong economy and consumer confidence as being key to the decision. “Disposable income is up, and we’re seeing that in our business,” said Janson. “Even more important, though, is our company’s strong financial position. The analysts tell us that our financial statements look good. Our working capital, inventory turnover, return on assets, and so forth are all strong. This...
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...ALESSANDRA | DIPLOMA HIGH SCHOOL | N/A | 2 | 1 | LUDOVICO | BUSINESS MANAGEMENT BACHELOR’S DEGREE | N/A | 2 | N/A | 4. JOB DESCRIPTION Description: We need at this stage a Accountant person in our team, who can assist the wedges process and all the account system Job Purpose: Provides financial information to management by researching and analyzing accounting data; preparing reports. Job Duties: * Prepares asset, liability, and capital account entries by compiling and analyzing account information. * Documents financial transactions by entering account information. * Recommends financial actions by analyzing accounting options. * Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports. * Substantiates financial transactions by auditing documents. * Maintains accounting controls by preparing and recommending policies and procedures. * Guides accounting clerical staff by coordinating activities and answering questions. * Reconciles financial discrepancies by collecting and analyzing account information. * Secures financial information by completing data base backups. *...
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...a vital tool in keeping the financial status in order, focusing on all the cost over a select period of time to achieve financial stability. Budgeting involves forecasting the demand for resources that create variable cost or flexible cost. Chief financial officers of the organizations are in charge of creating the budget through forecasting. Not having a budget can be catastrophic for any organization. There are many types of budgets. Governments create budgets to ensure that they take in enough revenue (generally through the collection of taxes) to pay for social programs, such as schools, police and fire departments, public parks, financial assistance programs for low-income families, and various other projects having to do with the effective management of a community. Corporations use budgets to calculate methods of minimizing overhead (expenditures relating to running a company, such as purchasing supplies, paying employees, renting office space, and so on) in order to maximize profits. "Budgeting." Everyday Finance: Economics, Personal Money Management, and Entrepreneurship. Vol. 2. Detroit: Gale, 2008. 348-350. Gale Virtual Reference Library. Web. 18 May 2014 The first strategy on how to manage budgets with forecasts is to assign a manager who will be accountable for keeping the budget within forecast, maintaining expenses within the estimated budget. Managers also have to compare the expenses results with budget expectations and analyzing the variance, and identifying...
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...various fundamental positions in organizations and institutions such as management, financial recording, budgeting and control and also in business innovations. It is what every for-profit and non-profit organizations need because it deals with recording the progress of the organizations or institutions, analyzing figures and more importantly determining the future of a firm. This is achieved through analyzing and scrutinizing the current financial records and the previous years’ financial records. Accounting integrates various financial statements such as income statement, balance sheet and also the statement of owners’ equity (Lasser Tax Institute, 2010). This implies that there are various careers that are linked to accounting, and these are with inclusion of accounting clerk, accounting assistants, budget analyst, accounts payable clerk and chief financial officer (CFO). It also has careers such as staff accountant, Certified Internal Auditor and forensic accountants. Career Options Chief Financial Officer (CFO) Chief Financial Officer (CFO) is very important personnel in determination of the overall success of an organization. The officer is obliged to offering advice to the board members and an organization’s Chief Executive Officer in connection to the financial transactions that directly affects the direction to which the organization takes (Backer, 2009). The chief financial officers need to have varied skills and experiences, and also specified academic...
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...organizations have data analysis to review the financial statements, annual report, and budget issue documents; The Patton-Fuller Community Hospital is no different. In this analysis we will look over and address all of the areas that affect staffing at Patton-Fuller. These areas will vary between the numbers of nurses to the number of patients as well as staff compensation from wages to raises. A comparison of two years’ worth of data while also using Trend Analysis will explain future budgeting aspects and the pros and cons to these decisions. Comparative data is an important tool for managers to use when analyzing data with consistency, verification, and unit measures to fully meet the requirements of understanding the reporting financial results (Baker, PhD, CPA & Baker, JD, 2011, "Chapter 14/Using Comparative Data"). Using Patton-Fuller’s 2008-2009 financial statements to provide a comparative analysis for their expenses that occurred within a 2 year period. Patton-Fuller’s balance sheet provides comparative analysis that total current assets of 130,026 in 2008, and other assets in 2009 of 128,867 decreased to a negative difference of (1159.00). Liabilities reported a gain in 2009 of 462,153 from 2008 213,450 a growth percentage of 46.19 gain. However, factoring the equity of 335,035 in 2008 to 125,564 in 2009 a percentage of 62.52 gain, the total liabilities and equity is the same percentage as current and other assets balancing the financial sheet. Patton-Fuller’s...
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...v XACC/280Week-Seven CheckPoint Ratio, Vertical, and Horizontal Analyses Financial statement analysis is the process of examining relationships among financialstatement elements and making comparisons with relevant information. There are a variety of toolsused to evaluate the significance of financial statement data. Three of the commonly used tools are the ratio analysis, horizontal analysis, andvertical analysis. Ratio analysis is a method of analyzing data to determine the overall financial strength of a business. These ratios are most useful when compared to other ratios such as the comparable ratios of similar businesses or the historical trend of a single business over several business cycles.Horizontal analysis is a type of fundamental analysis in which certain financial data is used toasses a company's performance over a period of time. Horizontal analysis can be assessed on a singlecompany over a period of time, comparing the same items or ratios, or it can be performed on multiplecompanies in the same industry to assess a company's performance relative to competitors.Vertical analysis is a method of analyzing financial statements in which each item in thestatement is represented as a percentage of a single larger item. Vertical analysis makes comparisons between two or more companies in the same industry easier. It also allows a company to weigh currentreports...
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...Nick Bernardy Occupational Analysis Report Financial Analysis Tasks • Draw charts and graphs, using computer spreadsheets, to illustrate technical reports. • Inform investment decisions by analyzing financial information to forecast business, industry, or economic conditions. • Monitor developments in the fields of industrial technology, business, finance, and economic theory. • Interpret data on price, yield, stability, future investment-risk trends, economic influences, and other factors affecting investment programs. • Monitor fundamental economic, industrial, and corporate developments by analyzing information from financial publications and services, investment banking firms, government agencies, trade publications, company sources, or personal interviews. • Recommend investments and investment timing to companies, investment firm staff, or the public. • Determine the prices at which securities should be syndicated and offered to the public. • Prepare plans of action for investment, using financial analyses. • Evaluate and compare the relative quality of various securities in a given industry. • Present oral or written reports on general economic trends, individual corporations, and entire industries. Tools & Technology Tools used in this occupation: Desktop computers Notebook computers Personal computers Personal digital assistant PDAs or organizers — Personal digital assistants PDA Tablet computers Technology used in this occupation: Analytical or...
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...Chapter 2 Runing Case Assignment: Analyzing Financial Performance Software skills: Spreadsheet charts and formulas Business skills: Financial statement analysis As part of your analysis of the company for management, you have been asked to analyze data on Dirt Bikes’s financial performance. Review Dirt Bikes’s selected financial data in the Introduction to Dirt Bikes, which can be found at the Laudon Web site. There you will find Dirt Bikes’s income statement and summary balance sheet data from 2005 to 2007, annual sales of Dirt Bikes models between 2003 and 2007, and total domestic versus international sales between 2003 and 2007. Use your spreadsheet software to create graphs of Dirt Bikes’s sales history from 2003 to 2007 and its domestic versus international sales from 2003 to 2007. Select the type of graph that is most appropriate for presenting the data you are analyzing. Use the instructions at the Laudon Web site and your spreadsheet software to calculate the gross and net margins in Dirt Bikes’s income statements from 2005 to 2007. You can also create graphs showing trends in selected pieces of Dirt Bikes’s income statement and balance sheet data if you wish. (You may want to rearrange the historical ordering of the data if you decide to do this.) Prepare an addition to your management report that answers these questions: • What are Dirt Bikes’s best- and worst-performing products? What is the proportion of domestic to international...
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...BRICS), related market outlook, and analyzing the market using technical and fundamental analysis approaches. • Conduct intense researches and making forecast on market developments, broader economical trends, and monetary policies for central banks. • Analyzing financial information relating to specific financial assets (Forex & Money Markets, Bonds, indices, commodities, and derivatives instruments), using specialist media sources and the specialized platforms (Reuters Eikon & Bloomberg Professional). • Keeping up to date with market developments and all other areas that can affect the markets, e.g. movements in the economies of followed countries. • Writing research reports and trading strategies to be sent to clients. • Making presentations and recommendations. • Perform training session (In-house and online) for clients to practice trading strategies and ideas. • Regularly invited to express my opinion about recent market development on Major channels (such as: CNBC Arabia) , to find more about my track record please check my Twitter account @mzidan112 . CAVEO BROKREAGE CO. — Kuwait CHIEF FINANCIAL MARKET STRATEGIST, 1/2012 TILL 8/2013. Key responsibilities: • Maintain an in-depth understanding and knowledge of our trading approach and market outlook. • Conduct intense research and report on market developments and broader trends. • Analyzing financial information relating to specific financial assets. • Keeping up to date...
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...chains it had acquired during the 1990s. Notably, McDonald's has increased shareholder dividends for 25 consecutive years, making it one of the S&P 500 Dividend Aristocrats. In October 2012, its monthly sales fell for the first time in nine years. This paper will discuss the financial statement analysis of McDonald’s Corporation. The purpose of financial statement analysis is to examine 2011 and 2012 financial data so that the company’s performance and financial position can be evaluated and future risks and potential can be estimated. Financial statement analysis will provide valuable information about trends and relationships, the quality of the company’s earnings, and the strengths and weaknesses of its financial position by analyzing its profitability, liquidity, activity and debt. Financial statement analysis will also help to improve financial decision-making and strategic planning. Profitability Profitability is determined by analyzing Return on Assets(ROA), Return on Equity(ROE), Price Earnings Ratio (P/E Ratio), Dividend Yield and Dividend pay-out Ratio. Return on Assets is a financial ratio calculated based on the company’s net income divided by the value of its total assets. This financial ratio shows the business what can be done with the assets it has available. Company’s assets consist of any debt and equity used to finance the...
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...to the Computerized Accounting Information System Nowadays, computer and modern information technology have been widely used in accounting. Thus, computerized accounting is creating a good environment for the world’s financial. It was developing rapidly since introduced in 1980s, and was used in nearly 90 percent of company’s financial management. This change from manual mode to computerization is not only in the aspect of dealing and storing ways of accounting information, but also the impact of the theory and application. Computerized accounting has bee applied successfully and sufficiently in various professions. This computer process substituted the manual work of book-keeping, account, reimbursement, and as well as the analysis, forecast and decision making about accounting information, aiming at promoting the financial management and the benefit in economy and modernizing the accounting work. It has four main features. Firstly, the data processing substitutes the traditional manual work. (Zhang, 2002) In the mean time, computer is worked as a major working tool. Secondly, Magnetic media is the main storage of the accounting data. Thirdly, this way of data process is centralized and automatized, which makes form making much easier, and the analysis of data more...
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...METHODS OF FINANCIAL ANALYSIS Dorothy E Vincent-Greene ACC 281 Accounting Concepts for Health Care Professionals Professor James Bell 26 MAY 2014 The process of restating and summarizing data by establishing ratios and trends is known as a financial analysis. The financial statement analysis is the process of examining and identifying the relationships among financial statement elements and making comparisons with relevant information. The analysis is a powerful tool used by a variety of people like creditors, investors, and managers, etc. who all have different reasons for learning about the financial circumstances of an organization (Financial Statement Analysis, 2014). There are a variety of tools that can be used to evaluate the financial statements data. The three most commonly used tools are the ratio analysis, horizontal analysis, and vertical analysis. In this paper I plan to evaluate these three methods and discuss how the financial information is used to make certain business decisions, while giving an example that may be seen in the health care arena. The ratio analysis is a method of analyzing data to determine the overall financial strength of a business. The broad method by which the financial data is converted into simple mathematic ratios for comparison makes it easy very user friendly. An advantage to this method is that it can be used by anyone with access to organizations public financial statements since the data is widely available. Calculations...
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...Financial Data Analysis A financial data analysis “provides a great deal of important information regarding financial condition, it often fails to provide much insight into the operational causes of that condition” (Gapenski, 2008, p. 561). Financial data analysis identifies an organizations strengths and weaknesses by proving the relationship among items of a profit and loss account and a balance sheet. Numerous techniques or systems are used in analyzing financial statements. One such technique is comparative analysis. Comparative analysis “identifies new trends when data or ratios for a specific item from multiple time frames are presented alongside of each for a straight across comparison” (Investor Words, 2014, para. 1). This method can also be used to compare outcomes of alternate solutions or processes applied in similar situations. Other methods for analyzing financial data include “schedule of changes in working capital, common size percentages, funds analysis, trend analysis, and ratios analysis” (Accounting for Management, 2014, para. 3). The Patton-Fuller Community Hospital: Financial Analysis At first glance of the Patton-Fuller Health Care Organization one would assume this organization is viable. This would be due in part to a recent upgrade in operations. The balance sheet of December 31 2009-2008 reflects an increase of revenue. In addition to the increase of revenue, some expenses were also increased. It has yet to be determined if these increase were due...
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