Associate Professor Domingo, Vivien, DBA Submitted by Edward A. Almerol Zharmaine C. Cruz July 14, 2014 Part 1 PROPOSAL SUMMARY * BS1 General Ledger * Keywords General Ledger System, Income Statement, Balance Sheet, Trial Balance Report, General Ledger Report. * Abstract The General Ledger has been the basic bookkeeping tool of double-entry accounting since the Green Eyeshade days. It records financial transactions as both Credits and Debits in balance sheets, which before
Words: 3603 - Pages: 15
increased investor assurance of the accuracy of public financial filings through improving their reliability and breadth of disclosure (Botes, 2012). The following report shows how the Act has impacted outside independent audit firms, the accuracy of public company financial statements and the cost of capital for public companies. The report further discusses the main advantages and disadvantages of the law, what changes should be made to it, and why the legislation cannot guarantee the accuracy of public
Words: 2798 - Pages: 12
WRITING A FINANCIAL STATEMENT ANALYSIS REPORT FOR A POTENTIAL USER The financial analyst should research, analyse and evaluate the company’s consolidated financial results. He/she should then compare such analysis and evaluation with that of a competitor or more working in the same industry group. The competitor should have the similar size (measured by total assets, sales turnover, number of employees, and/or capital employed) of the main company. The competitor should also have the same legal
Words: 652 - Pages: 3
CPA Report ACCT 545 Deborah Asbury CPA Report Memo To: Outside CPAs From: Date: April 13, 2014 Re: CPA Report In response to the examination of the subsidiary that has been set up as a corporation, the explanations to the deferred tax methods, procedures for accounting changes and corrections, and the reasoning for setting up the corporation as a subsidiary will be addressed in the following memo. Deferred Tax Method Financial reporting and tax reporting create temporary differences
Words: 1054 - Pages: 5
[pic] John Sperling School of Business Course Design Guide ACC/280 Principles of Accounting Copyright Copyright © 2010, 2009, 2008 by University of Phoenix. All rights reserved. University of Phoenix® is a registered trademark of Apollo Group, Inc. in the United States and/or other countries
Words: 5472 - Pages: 22
Reporting Practices and Ethics This paper will include a summary of the four elements of financial management, a summary of the generally accepted accounting principles, and a summary of the general financial ethical standards. The four elements of financial management are controlling, planning, directing and organizing, and decision making. The generally accepted accounting principles are generally known as GAAP, and are the basic accounting principles and guidelines. A few articles will be examined
Words: 984 - Pages: 4
Business Analysis and Valuation Report Prepared By: Version # Updated on ------------------------------------------------- Acknowledgments ------------------------------------------------- If applicable, include acknowledgement to contributing individuals: ------------------------------------------------- ------------------------------------------------- Analyst’s Name | Number | E-Mail Address | | | | Document Name | | Date Created | | Milestone 1 date submitted
Words: 2600 - Pages: 11
The County of San Diego CAFR Analysis Introduction The first recorded history of San Diego started when San Diego Bay was first discovered by the Europeans in the present state of California. Native Americans tribe which is named “Kumeyaay” had been living in San Diego area for as long as 12,000 years before the Portuguese explorers discovered this area in 1542. After about 200 years, Father Junipero Serra established the first permanent European settlements in California, so that San Diego
Words: 3100 - Pages: 13
Media Summary II Daniel Andreas ACC/300 14 March 2016 September Foster Media Summary II In the week three materials for Accounting 300, one video was assigned for viewing by the students. Below is a summary of the videos. Balancing the Books: Understanding Financial Reporting The “Balancing the Books” video is a short introduction to the accounting process of financial reporting. In this video a spinoff of who wants to be a millionaire is created in which the
Words: 278 - Pages: 2
March 12, 2014 To: Bo Doddery From: Clayton Creech Subject: How to determine, you as the Owner of Fu Foods, your equity The Basic formula for determining owner’s equity To determine your owner’s equity, use the accounting formula of: Owner’s equity = Assets – liabilities I suggest to retrieve the balance sheet which provides an accurate picture of a corporation, sole proprietorship or a partnership assets, liabilities, and stockholders, sole owner or a partnership equity. Your assets
Words: 857 - Pages: 4
