This file of RES 351 Week 3 Discussion Questions and Summary shows the solutions to the following problems: DQ 1: Differentiate between the scientific method and applied research. Which one is most often used in business? Provide an example of either that might be appropriate from your current or previous place of employment DQ 2: You are the manager of a hotel. There have been several complaints from guests relating to employee attitude. Provide a description of three different types
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Summary Soon after completing his college degree Nick was hired in the accounting department as a junior auditor for his aunt’s software company, O’Brian Software. His aunt Amelia holds the CEO position but does not have enough accounting knowledge of the company. The started as a small family firm and then went public. Going over financial statements and reviewing the company’s software revenue data, Nick noticed that revenue estimates were too conservative compare to the actual
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products. The purpose of this paper is to evaluate the design elements of the data tables from an accounting perspective and to recommend improvements to the existing data tables. The paper will also explain how the information in the pivot table may improve decision making for management at KFF. When glancing at KFF’s data tables they seem to be easy to understand by someone with or without an accounting background. The inventory table consists of the components that make up an inventory item. This
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Such kinds of year-to-year fluctuations pose the question of what type of audit report external auditors issued. Ernst and Young LLP (EY) conducted the financial audit of Pier 1 Imports and issued a standard unqualified audit report. Based on audit procedures EY performed, this independent registered public accounting firm has issued a reasonable assurance that the financial statements Pier 1 Imports has prepared for all external users is free of
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| | | | |Subject Name: |Accounting Theory | | | | |Location & Campus (SGS or HN) where you study:
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Chartered Accountant The main activities of the firm are preparing accounting, taxation, financial licensing management and company secretarial services. The firm is consist of four (4) fixed staffs and monitored by the owner of the firm, En. Ridzwan Bin Hj Abdullah. There is also an account manager, Pn. Yuraini Bt Yusoff. The company uses UBS system records and processes accounting transactions. UBS is one of the accounting software that being used in many corporations. Ridzwan & co have more
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Headings and sub-headings Quantitative information Recommendations Letter writing for accountants Claim letter Letter of advice Letter of engagement Letter of enquiry Letter of refusal Management letter Memos E-mails Research Essays, Reports and Resumés Research essays Reports Resumés References and Bibliographies iii v 1 1 2 2 7 8 8 9 9 10 10 10 11 11 11 12 12 12 12 12 13 14 16 17 19 21 22 23 24 26 27 27 31 40 41 iv Preface Writing for Accountants is a brief guide to the types of writing
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Summary Report for Competition Bikes Inc., Horizontal Analysis The income statement from year 6 to year 7 sales went up by 33% while product costs, went up only by 31%. Selling expense (33%) and general operating expense (20%) both increased from year 6 to year 7. These increases did not offset the increase in sales, but help contribute to having greater profits in year 7 than the prior year. Net income grows by 313%. The balance sheets also show a growth in assets, with total
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multiple reports available to their investors through their websites. Not only does these companies make their financial information available to the public, they must also send in detailed reports to the SEC. In this paper, we will be examining a world-wide publicly traded company, American Eagle Outfitters. We will be looking at the financial information that the company has made available for the public to see, as well as the annual form, or 10-K, that is filed with the SEC. FINANCIAL REPORTS AND
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Hines’ On Valuing Nature Summary The Rubber Tree in Hines’ garden kindles his concern about the impersonal side of accounting for nature. Accounting quantifies. It puts mere monetary values on the environment. Hines explains why he keeps the Rubber Tree as a friend and analyzes the trade-off between personal interests in nature’s beauty and the commercial interests of sacrificing the environment in the name of accounting. Q1 The main message of the article by Hines ‘on valuing nature’ is
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