...Running head: Client Understanding Client Understanding Paper Letitia Edwards University of Phoenix July 1st, 2013 Professor Boswell Abstract One of the most important responsibilities of accounting personnel is to ensure compliance with Generally Accepted Accounting Principles. To ensure compliance, a new employee would need to review the firms’ current financial statements and get clarification if needed. Client Understanding Paper Reorganization of personnel is almost a constant factor with organizations. In terms of the financial statements, new employees/accountants need to gain understanding on company policy of stating transaction. For this paper we wanted to discuss four key factors: Adjusting lower cost of market inventory on valuation, Capitalizing interest on building construction, Recording gain or loss on asset disposal, and Adjusting goodwill for impairment. To explain to the client why this information is important, we will discuss each topic. First we decided which topic we would do our research on, and then we assembled all the data and analysis to create this paper. Adjusting lower cost of market inventory on valuation: Ending inventory in one accounting period will automatically become the beginning inventory for the next. For that reason and others, it is important to keep accurate information. Lower of cost or market refers to the valuation process that may result in an asset that can be reported at an amount...
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...|[pic] |Course Syllabus | | |College of Natural Sciences | | |SCI/230 Version 7 | | |Introduction to Life Science | Copyright © 2012, 2009, 2008, 2007, 2006, 2005 by University of Phoenix. All rights reserved. Course Description This course applies a broad, conceptual understanding of biology. Students are introduced to scientific ideologies and concepts that not only shape our biological world, but also shape us as humans. Students examine the scientific method, evolution and biodiversity, the biology of cells, energy systems, the dynamics of inheritance, and the effect humans have on the environment. The text emphasizes methods and the theoretical foundations of ideas, while minimizing isolated facts. It stresses the integration of ideas, making connections that form our understanding of the living world. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies:...
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...Client Understanding Paper Tanisha Wilson University Of Phoenix Accounting Theory and Research ACC/541 Bethany Bartlett August 19, 2013 Client Understanding Paper To our valued clients at Morton Sales Company, It is my pleasure to have the opportunity to assist your organization with your financial needs. As I was analyzing the working papers given, a request for some additional information needed was submitted. It has been conveyed to my attention that there is questions or concerns in regards to why the information was requested. The concerns include the reason for the adjusting lower cost of market inventory valuation, the capitalizing interest on building construction, the recording of gain or loss on asset disposal, and the adjusting goodwill for impairment. Please rest assured that we will do our best to answer your questions and settle your concerns with anticipation that your trust will be gained and our relationship will flourish tremendously. The Financial Accounting Standards Board (FASB) established clear guidelines that address all the items in question. A clear outline of the FASB generally accepted accounting standards (GAAP) will be given for each item stated above, and how these improvements to Morton Sales Company will help improve Morton Sales Company financial health. Lower Cost of Market The issuance of the ARB No. 43 by The American Institute of Certified Public Accountants (AICPA) and the Financial Standards Accounting Board (FASB) states...
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...Week 3 Individual Assignment Phoenix University RES/351 22 March 2016 The choice of a research design is often dictated with the nature of the problem being explored. In addition, the amount of knowledge already available in a certain field also dictates the research design. This is because qualitative research can be used to gather primary knowledge before carrying on quantitative research which is used to explore more specific and complex problems. It is safe to say that qualitative information can help to formulate a hypothesis to be tested in quantitative research. In any business, qualitative research is mostly used to study human behavior and consumer trends. In this particular case, the researchers were attempting to determine the differences in buying behavior between customers of vehicles in China, Japan, and Western countries. The methods used to gather information were interviews and questionnaires that featured many open-ended questions. The information gathered through these means was such that it was almost impossible to express it in numerical form. The hypothesis formulated by the researchers was whether culture plays a role in the buying decision when looking for a car. The analysis of the information gathered entailed looking at a response and recording a yes or no response. The conclusion was drawn after aggregating the responses from each country. The researchers found that culture plays an important...
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...Organizational Psychology Paper Cherrise Smith University of Phoenix October 25, 2010 Wanda Moore Define organizational psychology The definition of organizational psychology is simple; it involves settings that are based on workplace or office psychology. These settings are applied to different types of groups, which take research, intervention, theories, and communication strategies to a whole different level in both non-workplaces and workplaces. Groups of people in this area get with each other and work together to accomplish important task and assist them to understand there connections. Organizational psychologists work with different types of people from middle executive to those of lower rank and management teams. Some workplaces want the employees to be as creative as possible. All in all, this means making sure everyone is communicating with each other and ensuring their bodies and minds are doing the same. Organizational psychology also focuses on individual behavior. Although it is focused on groups, individual behavior has become common in the setting to obtain information about the individual’s influences. Unlike groups and organizations, people behave. You derive a person’s sense of humor, taste and other behavioral elements from them, not the group or organization they are affiliated with. The focus on how individual’s influence and are influenced explain organizational processes that are not like social science disciplines, which do not...
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...Communication Paper Jansen York University of Phoenix HCS 490 January 10, 2011 Communication Paper There are many different methods use in the health care world to help improve the communication between the healthcare providers and the patients they provide services to. There are different facility provided forums and health care information hotlines where patients can receive information with out seeing a provider but the most important new development in the health care related communication are the electronic medical record (EMR). Over the course of the paper I will discuss benefits to the patients, how important confidentiality is when using EMR’s, why EMR’s are an effective means of communication between the providers and patients, how this mode of communication differs from other methods, and how the media and social networking could change communication in health care. There are many benefits that the EMR bring to the table to help provider patient relationships. The most important one that comes to my mind is the fact with EMR providers that are having a hard time finding a possible diagnose to an issue is the ability to share patient history with other providers to find an answer. This is one of the greatest benefits to patient health the EMR can bring. One of the draw backs how ever with EMR is the availability of unrelated employees being able to access patient records. This is why it is extremely important to maintain the patient information in a chain...
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...|[pic] |Syllabus | | |Axia College/School of Business | | |XACC/280 Version 2 | | |Financial Accounting Concepts and Principles | Copyright © 2010, 2009 by University of Phoenix. All rights reserved. Course Description This course covers the fundamentals of financial accounting as well as the identification, measurement, and reporting of the financial effects of economic events on the enterprise. Financial information is examined from the perspective of effective management decision making with special emphasis on the planning and controlling responsibilities of practicing managers. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning...
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...busiTAFE NSW Higher Education A student’s basic guide to bibliographies and referencing: Harvard Style Version: February 2012 www.highered.tafensw.edu.au TAFE NSW - Technical and Further Education Commission CRICOS Provider Code 00591E Last revised: February 2012 Page 1 of 10 Why reference Most of the work you produce requires referencing to demonstrate that you have researched and considered the ideas of others in researching your topic or presenting your argument. Referencing is also necessary because it prevents you from ‘plagiarising’ which can lead to an automatic fail result. Plagiarism is using someone else’s thoughts, words or ideas and writing them as if they were your own. It is technically stealing and is a breach of ethics. Referencing tells the reader where the original idea can be found. What should be referenced? Anything that you have read or heard that has influenced your writing: • A concept or idea • A paraphrased quote • A direct quote • Personal communication • Class notes • Script or screenplay • A contestable argument General knowledge does not need to be referenced, for example: Canberra is the capital of Australia. But if you read that ‘The Yass – Canberra plains were chosen because of the snow in Dalgety …’ this would have to be referenced. A contestable argument that would need to be referenced may be: It is a fact that Lady Denman, rather than the Surveyor Scrivener actually proclaimed the name Canberra. In-text...
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...Measurement Scales Tina M. Biebl MKT / 441 Marketing Research University of Phoenix Introduction A poorly designed questionnaire may not obtain the results the firm or organization is looking for. There are four categories in which numbers are generally grouped. In increasing order of sophistication, they are (1) nominal numbers, (2) ordinal numbers, (3) intervally scaled numbers, and (4) ratio-scaled numbers. This paper will examine each briefly and how they can be used effectively in the design of a survey questionnaire. Qualitative Data Data that can be categorized into one of several non-numerical categories is qualitative. You are recording some quality that the data possesses. Care needs to be taken to avoid assigning numbers to the categories then computing with them. This type of data is either nominal or ordinal. Nominal The number we assign to some object, idea, or behavior is entirely arbitrary, although in some cases a tradition may establish the rules of assignment. If measurements are assigned arbitrary numbers, they are called nominal numbers, and their sole purpose in the analysis is to differentiate an item possessing one characteristic from an item possessing a different characteristic. Nominal data is a type of categorical data in which objects do not have a natural, meaningful order. You can count but not order or measure nominal data. Only calculations based on the frequencies of occurrence are valid. Nominal scales have no numeric...
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...Organizational Psychology Paper PSY/428 Organizational Development May 13th, 2013 Organizational psychology is a field that utilizes scientific methodology to understand better the behavior of individuals working in organizational settings (Jex & Britt, 2008). Organizational psychology’s goal is to help companies to function in the most efficient ways possible. Organizational psychologists will achieve this by helping management to understand the interactions of the staff so that management can help create an environment which all of the employees can work together to accomplish the goals of the organization. This Knowledge is also used, in a variety of ways to help make organizations be more effective. Effective organizations are typically more productive, often provide higher-quality services to customers and are usually more financially successful than less effective organizations (Jex & Britt, 2008). Organizational psychologist study many different aspects about the work environment. Organizational psychologists will look at the leadership, employee job satisfaction, job stress, and employee communications. Organizational psychologist can be brought in by companies as consultants to help solve employee related problems. Organizational psychologists will apply psychological principles and research methods to solve problems and improve worker performance, productivity, management, and training. The Role of Research and Statistics in Organizational...
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...Client Understanding Paper Judy Blackman ACC/541 August 1, 2011 Kenneth Quirk client understanding 1 I want to thank you for the opportunity to work with you and your organization on this important project. As I was analyzing the papers provided, I realized that additional information was needed. It was brought to my attention that you are unclear about why the additional information was requested on the adjusting lower cost of market inventory on valuation, the capitalizing interest on building construction, the recording of gains or losses on asset disposal, and the adjusting goodwill for impairment. The adjusting lower cost of market inventory on valuation is specified in Accounting Research Bulletin No. 43 (ARB No. 43). Statement of Financial Accounting Standards (SFAS) No. 34 is the statement, which deals with capitalization of interest as part of the cost of the asset. SFAS No. 144 addresses the reporting and accounting for the impairment of the disposal of long-lived assets (Federal Accounting Standards Advisory Board, n.d.). New rules for the accounting for goodwill has been addressed in SFAS No. 142. I will be explaining each of these items in full detail. I will include the accounting principles and practices in hopes of improving your organization's practices and knowledge from this analysis. Adjusting lower cost of market inventory on valuation The lower-of-cost or market (LCM) is defined by “a basis whereby inventory is stated at the lower...
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...|[pic] |Syllabus | | |College of Humanities | | |GEN/105 Version 10 | | |Skills for Learning in an Information Age | Copyright © 2012, 2011, 2010, 2009, 2007, 2006 by University of Phoenix. All rights reserved. Course Description This course introduces students to learning in an information-rich society. Students develop strategies for successful distance learning, time management, and for managing the abundance of information available in today’s society. Students also explore the appropriate use of information in an academic environment. Specific topics for the course include computing skills for distance learning, online library use, academic honesty, and the development of effective study skills. Policies Faculty and students will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted...
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...May 2007 Accreditation Statement University of Phoenix is accredited by The Higher Learning Commission and is a member of the North Central Association of Colleges and Schools: 30 North LaSalle Street, Suite 2400 Chicago, IL 60602 (312) 263-0456 www.ncahigherlearningcommission.org ©2007 University of Phoenix. ALL RIGHTS RESERVED The text of this publication, or any part thereof, may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, storage in an information retrieval system, or otherwise, without prior permission of University of Phoenix. Edited in accordance with The Apollo Group editorial standards and practices Revised: May 2007 2 Table of Contents INTRODUCTION .......................................................................................................................... 5 CHAPTER 1: FORM AND APPEARANCE ................................................................................. 6 Font Styles ................................................................................................................................. 6 Margins. ...................................................................................................................................... 6 Spacing........................................................................................................................................ 6 Page Numbers and Headers ......................................
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...Writing Style Handbook May 2007 Accreditation Statement University of Phoenix is accredited by The Higher Learning Commission and is a member of the North Central Association of Colleges and Schools: 30 North LaSalle Street, Suite 2400 Chicago, IL 60602 (312) 263-0456 www.ncahigherlearningcommission.org ©2007 University of Phoenix. ALL RIGHTS RESERVED The text of this publication, or any part thereof, may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, storage in an information retrieval system, or otherwise, without prior permission of University of Phoenix. Edited in accordance with The Apollo Group editorial standards and practices Revised: May 2007 2 Table of Contents INTRODUCTION .......................................................................................................................... 5 CHAPTER 1: FORM AND APPEARANCE ................................................................................. 6 Font Styles ................................................................................................................................. 6 Margins. ...................................................................................................................................... 6 Spacing........................................................................................................................................ 6 Page Numbers and Headers ..........................
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... |Course Syllabus | | |College of Natural Sciences | | |HCS/325 Version 1 | | |Health Care Management | | |April 10, 2012 – May 14, 2012 | Copyright © 2010 by University of Phoenix. All rights reserved. Course Description The course explores fundamental concepts of management theory as applied to health care. Students will examine the organizational structure of the health care delivery system and administrative processes such as planning, problem solving, decision making, and quality productivity improvement. Emphasis will also be placed on the major issues and problem areas confronting health service administrators. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document...
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