Effect of Unethical Behavior Article Analysis ACC/291-Principles of Accounting II June 24, 2013 Dale Wilson Having the correct accounting information in a financial statement gives a business owner certain advantages, such as information on financial transactions. If a business owner has information on when the sales or expenses are increasing or decreasing, he can make decisions that can benefit the company’s bottom line. The same cannot be true if he does not have accurate, or reliable
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52 Current Ratio-Unaudited 2009 128,867/23,807= 5.41 2008 130,026/8,380= 15.52 I disagree with the annual report because the audited and unaudited amounts are different and do not match on the financial statement. Quick Ratio-Audited 2009 81,782/23,807= 3.44 2008 79,517/8,380= 9.49 Quick Ratio-Unaudited 2009 81,782/23,807= 3.44 2008 41,851/8,380= 9.49 I agree with the annual report because both the audited and the unaudited amounts remained the same with no negative amounts. Days
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from the bottom and rose to become the CEO. In her influential speech, she has disclosed the company’s annual report proving the employees and to the public that the company’s performance is changing for the better and the results from the worker's achievements. According to a previous class in Phoenix, Accounting, Generally Accepted Accounting Principles (GAAP) provides company annual reports to the public, but in some part of Asia these information are not public. Ching’s bold decision to make
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Assignment 1 Financial accountability and reporting journal report The article I choose is titled ‘ASIC get tough on financial reports’. It is about ASIC find some problems after reviewing the annual financial. There are three main problems appear in this article. First is value asset, due to the financial globe crisis impact Australia market, company have a low level of asset impairment, some company disclose the minor information which could mislead the investor’ decision making
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International Survey of Corporate Responsibility Reporting 2011. We believe that this report represents the largest and most comprehensive survey of CR reporting trends ever published. Thirty-four hundred companies representing the national leaders from 34 countries around the world, including the largest 250 global companies based on the Fortune Global 500 ranking, were included in our research. Since we published our first report in 1993, KPMG’s International Survey of Corporate Responsibility Reporting has
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independence and objectivity of auditing firms. Public companies require an audit of the financial statements useful for investment, tax purposes and financing. Independent accountants and auditing firms usually carry out an audit and their report is included in the annual report. The managing official, for example, the CEO is responsible for attesting that the financial statements are not misleading or untrue. They should also make sure that the financial statements expose those officials involved in any malpractice
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Assessment 2. Presentation Briefing Financial and Marketing Analysis of Company Submission The presentation will take place during normal seminar hours. Attendance is compulsory. You are required to use PowerPoint for the presentation. All group members must present on the day. In addition to doing the presentation in class all students must submit an electronic version of their presentation individually online by using a separate link on the Blackboard. All group members must submit the same
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affect cost and revenue of the supply chain. Operating leverage drives the strategic initiatives made by Wal-Mart. For the company to deliver on the actions outlined in its initiatives, they have to increase sales. Wal-Mart states in their 2014 Annual Report (Wal-Mart, 2014), that although they did increase sales by 1.6% from 2013, their operating income decreased by 3.1%. The decrease in operating income was the result of several increased expenses in 2013. These expenses included increased investments
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2015 This paper will discuss many topics to include describing one of the national planning approaches covered in the annual report. Also explaining how prevention, protection, mitigation, response, and recovery were integrated into the approach. Moving into describing the presence of the public or private sector in the annual public meeting. The annual plenary report for 2013 discussed many topics such as the critical infrastructure to include the technology sector. It also discusses on how
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revenue per user. All these measurements affected Facebook’s decision and its strategy in the future. 3. a. Brooke received the quarterly financial report and found out that The Coffee Pot was still losing money after installing new brewing machine. Besides, there were not enough funds to meet the monthly loan payment. The quarterly report lacked detail. Current manager have not achieved Brooke’s father’s goal. b. Negotiate with the shopping mall about The Coffee Pot’s overpaid lease.
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