...RETURN TO: Office of Financial Aid & Scholarships Cal Poly Pomona 3801 W. Temple Ave. Pomona, CA 91768-4008 (909) 869-3700 Phone (909) 869-4757 FAX Name of Financial Aid Applicant (please print) Last Bronco Number: First Middle 2015 – 2016 EXPENSE AND INCOME STATEMENT Provide expense and income information for the 2014 calendar year. Section A: MONTHLY INCOME Complete the following information below. Parent information is required for “dependent” students only. If a zero income is reported for the student, spouse and/or parents, please submit a letter explaining how you and your family meet expenses reported below. Student (include spouse, if applicable) Student Income: Spouse Income: Savings/Other Assets: Other Resources: $ $ $ $ Student’s Parent(s) (Dependents students only) Student ‘s Mother/Stepmother Income: Student ‘s Father/Stepfather Income: Savings/Other Assets: Other Resources: $ $ $ $ (include: financial aid, monetary gifts, interest income, parental allowance, free rent, etc. - List Resources Below) (include: financial aid, monetary gifts, interest income, rental income, etc. - List Resources Below) Total: $ Section B: MONTHLY EXPENSES Total: $ Complete the following information below. Parent information is required for “dependent” students only. If expenses exceed income, please include a letter explaining how you and your family meet your expenses (include other sources of support) with the income reported above. Student...
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...unbiased. The article is based off of facts For a Website: 1. The website is Bankrate.com- not really reputable other than the fact big banks are sponsored. 2. Bank rate discusses all aspects of financial planning and calculating. Its mission statement is to empower consumers to make effective personal financial decisions. 3. The article is old but the website itself is current. 4. The website is reputable because Vanguard and Ally Bank are sponsored 5. The website is well designed but has a lot of information on the home screen. Is college worth the cost? For all sources 1. The article is about 2 years old. The information is relevant to my topic. 2. The intended audience is to students thinking about college. 3. The author is Christina Couch- she has other articles about student debt 4. The author provides a lot of details of the struggles of graduated college student’s difficulty with finding a job and having so much debt. 5. The article is unbiased and has lots of facts and statistics. Changes afoot in financial aid 1. The article is about 2 years old. It is relevant as it talks about the different changes in financial aid. 2. The intended audience is any student or parent that is going to be paying or applying for financial aid programs 3. The author is Christina Couch- she has written other articles about student loans 4. The author provides plenty...
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...Application of Financial Statement Strayer University A balance sheet is a financial statement that reports the assets, liabilities, and stockholder’s equity at a specific point in time. The balance sheet is like a snapshot of the financial condition of a company. The asset section lists everything that the company owns, such as cash, inventory, accounts receivable, and long-term assets such as property, land or equipment. The asset section helps analysts, investors, and creditors understand what a business owns and what their objectives are. The liability section of the balance sheet reports what a company owes, such as debts or loans. Liabilities are divided into two separate sections, current and long-term liabilities. Current liabilities are financial obligations that are to be paid within the coming year such as accounts payable and short-term loans. Long-term liabilities are obligations that the company expects to pay after one year such as bonds payable and mortgage payable. In understanding the assets and liabilities sections of the balance sheet, the manager can evaluate the relationship between the current assets and current liabilities. These relationships can be expressed in ratios such as the current ratio and working capital. The current ratio is calculated by dividing the current assets by the current liabilities. Working capital is calculated by subtracting the current liabilities from the current assets. The amount of working capital is an indicator of the...
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...Abstract This paper explores the uses of financial statements, specifically the balance sheet and income statement. It explores them from a personal point of view and how the balance sheet is used in an everyday life of an individual using his own assets and liabilities and determining his net worth. As it also discusses how a manager can benefit his company by understanding the concept of a balance sheet and using it to determine how well the company is doing and its ability to pay its debts and continue in the business. This paper also discusses my understanding of the balance sheet and income statement and how they may be applied to my future position of planning to start a small business. Select either the balance sheet or income statement and explain how the use of it may be applied to your everyday life. The accounting balance sheet is one of the major financial statements used by accountants and business owners. The balance sheet is also referred to as the statement of financial position. The balance sheet presents a company's financial position at the end of a specified date. Some describe the balance sheet as a "snapshot" of the company's financial position at a point in time. For example, the amounts reported on a balance sheet dated December 31, 2011 reflect that instant when all the transactions through December 31 have been recorded. (2012, Averkamp) Because the balance sheet informs the reader of a company's financial position as of one moment in time, it allows...
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...Student Account/tuition information The Office of Student Business Services The primary function of the Office of Student Business Services is to assist the student in understanding their semester billing. This department is responsible for sending out semester bills, emailing monthly statements to the students Concordia email account if they have a balance, offer support for the Sallie Mae Tuition Pay Plan, process student refunds, issue book vouchers (if the student has a credit/negative (-) balance), and ensure payments on the student tuition account are posted accurately. This office also manages student accounts that are not currently enrolled but are in a collection status. Any student that is registered for any course whether full time or part time at Concordia University Chicago is responsible for financial obligations resulting from tuition and fees not covered by financial aid or any other source. Meet The Staff Anjelica Estrada: ext-3236 Director Student Account Representatives Nayibe Parra-Garcia: - ext-3010 Tinesha Smith: -ext-3232 Cashier Patrick Nelson:-ext-3241 The Office of Student Business Services is located in Addison Hall, Room 156. The hours of operation are Monday and Friday 8am-4:30pm, Tuesday-Thursday 8am-6pm. Traditional undergraduate academic year cost for the 2012-2013 academic year Per year Tuition Room & Board application) Technology Fee Student Activity Fee Green Fee $ 254.00 $ 270.00 $ 10.00 $ 127.00 $ 135.00 $ 5.00 $25,942.00 $ 8,280.00 Per semester...
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...research is a process that needs to be actively managed. The main aim of research is to find out the truth which is hidden and has not yet been discovered. Research is therefore undertaken to gain familiarity with new insights into a phenomenon (i.e., formative research studies); to accurately portray the characteristics of a particular individual, group, or a situation (i.e., descriptive research studies); to analyse the frequency with which something occurs (i.e., diagnostic research studies); and to examine the hypothesis of a causal relationship between two variables (i.e., hypothesis-testing research studies). 1.2 Research topic defined According to Laura Morrison, 2014, a research topic is an idea or theory that is expressed as a statement, a contention for which evidence is gathered and discussed logically. One of the most important concerns in choosing a thesis topic is that the topic speaks to an area of current or future demand. A research topic should be of interest to the researcher, advisors, and the research community. If it is not, it may be difficult to stay motivated or to "sell" the idea. When searching for a topic, one should keep in mind that the research should attempt to solve a real problem and should contain solid theoretical work, as well as empirical results. It should be both connected to existing research and centred on a...
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...200.00 + general fee 75.00= 9,995.00. But it shows the total Tuition 10020.00 and makes a 25 dollars difference. Total due= total tuition 10500 + textbooks 1300.00 + lab fee 200.00 + general 75.00 = 12,075.00. But it shows the total tuition 12100.00 and makes a 25 dollars difference. c) It says total dues on enrollment agreement are handwritten. It gives IBC admissions official chances to alter the numbers. d) Total amount of charges on enrollment agreement doesn’t agree with those on detail ledger. (Besides I can’t find the items as the Med association fee 50, Tech fees 855.42, lab fee 200;) e) The financial aid on withdrawal record doesn’t agree with those on detail ledger. Total aid paid should be $9085 not $11485. I can show it in the following steps. Add the total Institution cost 4480.42+pell grant 3377 + Stafford 588 - Unsub staff 7680 +SEOG 100= 17037 (not 14637). Total aid to IBC is 11485- scheduled cash payment 7004.58= unpaid charges 7004.58. The...
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...Justification for an Internal Control System It is the responsibility of the Controller to analyze company performance in operations, compliance and reporting, as well as aid management in the development of budgets and goals (McCarthy & Flynn, 2004, p. 265). It is also their responsibility to analyze and manage risks the company may encounter. To perform these tasks controllers and company financial officers establish internal controls. A system of internal controls ensures preparation reliable financial statements, compliance with financial regulations, reduce risks, and identify and achieve short and long-term goals. Management uses internal controls to adapt to economic changes (AICPA, 2011, p. 2). Insurance and portfolio theory are approaches to managing and analyzing risk and play an important part in an internal control system. Internal Control Systems An internal control system is composed of five inter-related components, 1) Control Environment, 2) Risk Assessment, 3) Control Activities, 4) Information and Communication, and 5) Monitoring. The control environment is the company’s fundamental values and directives, risk assessment is the identification and analysis of possible material misstatements, control activities are the policies and procedures used to identify and manage risks, information and communication involves the processing and distribution of information needed to meet company objectives, and monitoring “assesses the quality of the system’s performance...
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...greater opportunity, financial security, and happiness overall. However, the accessibility of the American Dream has lessened due to the changing government policies and economic status, the job market, different forms of education, and the changing times.The United States government has passed many acts and laws in regards to immigration and financial aid, but only some of these have aided new residents of the country in attaining their American Dream. The competition for jobs has also increased as the requirement for higher education becomes more and more needed. The American Dream is becoming unachievable because...
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...Strategic Plan, Part 1: Conceptualizing a Business Auctus Financial consulting & services (AFCS) offers clients a wide variety of financial assistance. Auctus is a Latin word meaning growth or enlargement. The company’s goals are to assist clients from getting out of debt and creating a financial future for themselves and family. Helping clients set up a budget so they have the opportunity to pay off debt in a timely manner, offer a tax service to assist with personal and corporate taxes, and a financial planning department to assist clients with the ability to grow their own personal wealth. AFCS will also offer consulting to clients who want to possibly open a new business or purchase a previous business. Auctus Financial consulting & services mission statement is, “Our economy may be down but let us help you get personally get up and grow, and our mission is to bring financial stability into the lives of our clients”. The mission statement points out the problem with our country’s economic situation and tells people that we want to help them no longer be a part of the bad economy, let us help them grow financially. The path to retirement requires three elements; Patience, Perseverance and a Financial firm who understands and relates to a client. A mission statement “tells two things about a company: who it is and what it does” (Williams, 2008).Only when this is reached, AFCS believes the journey will become pleasant and fulfilling. Top management can spend hours...
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...accounting principles, also known as GAAPs, are a set of rules and regulations that organizations use to prepare and maintain their financial statements. These principles are guidelines that all publicly held companies must use. They protect investors from financial misuse. GAAP in health care aids the organization show its financial strength and establish its ability to get credit. The first GAAP is the accounting entity. This principle states that the business is separate from the owners and board members. The owners and/or board members’ assets and liabilities are kept separate from the organizations. If a physician owns his office, then the accountant will keep his personal assets and liabilities separate from those of the medical office. This principle also states that once the boundaries have been set, then they should not be changed. Money measurement is the next GAAP. This principle states that all transactions in a financial statement must be measured in money. If it is not measured in money, then it should not be placed in the financial statement. The hospital does patient surveys. These surveys are not measured in money. Therefore, the surveys should not be placed in the financial statements. However, if the hospital buys new beds for the PCU unit, then this transaction can and should be placed in the financial statement. The third GAAP is duality. This principle says that all balance sheets must balance. Liabilities and equity must be equal to...
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...2012 Scholarship Instructions 1 Huntington Road, #701 Athens, GA 30606 706-208-1211 E-Mail: info@rankinfoundation.org Website: www.rankinfoundation.org Postmark Deadline is March 1, 2012 About the Foundation Jeannette Rankin, the first woman elected to the U.S. Congress, was an advocate of women’s rights. A bequest from Rankin’s estate provided the seed money for establishing Jeannette Rankin Women’s Scholarship Fund (JRF). Since 1978, JRF has been awarding scholarships to low-income adult women who have a vision of how a college education will benefit themselves, their families, and their communities. About the Scholarships The scholarships may be used for tuition, books, transportation, childcare and other living expenses and will be disbursed over two school terms, starting in Fall 2012. Selection is competitive, which means that meeting the eligibility requirements does not guarantee that you will receive a scholarship. In 2011, JRF awarded 40 new scholarships from 860 applications. Which Students are Eligible? q Women, at least 35 years of age as of March 1, 2012, q who are U.S. citizens or Permanent Residents of the United States, q and are pursuing a technical or vocational education, an associate’s degree, or a first bachelor’s degree, Students who have already earned a bachelor’s degree and/or will be pursuing a graduate degree in Fall 2012 are ineligible. q and are enrolled in, or accepted to, a regionally or...
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...|Management Sciences | |Sr. No. |Core Areas |Percentage | |1. |Finance |10% | |2. |Accounting |10% | |3. |Marketing |15% | |4. |Management |15% | |5. |Business Maths |10% | |6. |Business Statistic |10% | |7. |HRM |10% | |8. |Business Communication and Report Writing |10% | |9. |Micro Economics ...
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...REST KAITANO E-mail address restkaitano@yahoo.com Contact address 6 Madden Close Emaraldhill Harare Contact Numbers +263 772 313 285 cell +263 4 291 0259 home PERSONAL DETAILS Born 15 june 1976 Sex male Marital Status single Nationality zimbabwean Driver’s license class 4 Religion christian KEY PERSONAL ATTRIBUTES • good in mastering computer application • good communication skills at all levels • analytical and problem solving skills • can easily adapt to dynamic and teamwork environment as a supportive contributing figure • mature and responsible with integrity EXPERIENCE CIMAS MEDICAL LABORATORIES Accounts clerk Duties Ensuring all invoice are submitted to the relevant medical aids Reconciling debtors Accounts Correcting of errors in the log files Following up debtors Attending to all queries concerning debtors Preparing and sending of statements to medical aids One on one meetings with medical aids TECHNICAL SYSTEMS Data Capturer / CAD Technian Duties COGO capturing of maps using AutoCAD Onscreen Digitising in Acrview environment Database population TOPICS STORES Customer Services Assistant Duties Assessing application for credit approval Compilation for overdue accounts Follow up on overdue accounts Preparation of legal accounts Record keeping of account...
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...Fundamentals of Accounting: Managerial verses Financial Accounting Fundamentals of Accounting acct122 Fundamentals of Accounting: Managerial verses Financial Accounting What has the organization in its focus; futuristic planning, financial control, and data based decision making affecting its reports and suggestions; and an emphasis on relevance and timeliness in its decision making (2012)? The answer to this question is managerial accounting. According to J. W. Jones (2013), a retired managerial accountant, her job and other positions with the title are responsible for reporting financial information to the company’s administration and parties outside of her organization such as stockholders or creditors; however, her focus was the internal accounting services and needs of the business’s management. Mrs. Jones confirms there is a difference between managerial and financial accounting. Her career choice was managerial accounting which specialized in helping gather and communicate the information needed to set the company’s long term objectives and goals for cost control, revenue strengths and weaknesses, and profit data statistics within in local departments, regional and often territorial plants. At times, Mrs. Jones found herself working with certain data regarding customer groups and how they would be affecting that business segment in the future. This differed from financial accounting in that the latter would handle the matter from a historical account...
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