protocols include the following primary components: A control environment, Risk assessment, control activities, information and communication and monitoring. (Kimmell,337-38). Control activities are the main focus in establishing successful control. The cash controls that need to be established for LIB Company need to include, “establishment of responsibility, segregation of duties, documentation procedures, physical controls, independent internal verification, and human resource controls (Kimmell,338)
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prices also have fluctuated, as the world watches the Organization of Petroleum Countries work to maintain its targeted oil price band. Hedging is one strategy that independents use to try to lock in oil and gas prices as they strive for predictable cash flows to support exploration and development spending plans. "Companies have been doing more hedging on gas recently than they have done historically," said Robert Morris of Salomon Smith Barney. "Companies took advantage of high gas prices for two
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Dear Sir, Thank you for taking the time to meet with me today and discuss your concerns with internal controls and security. Going public is a big step in the development of a corporation, and you will come under great scrutiny as to your security principles and internal control mechanisms. My colleague has informed me of several examples of how your business operates and I have prepared a few remarks and recommendations for you to address before going public. Before I delve into the heart
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in time; if a company has bonds, the company will have expected cash in the future. b) What are some advantages to Chieftain from having this large cash balance? What is the disadvantage? b. One of the advantages is that the company has a high liquidity, and does not necessarily need to pay on account when pursuing transactions. Having a large cash balance indicates that the company has the ability to handle more cash transactions than a company that does not. It also indicates that
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Mr. Jones, A recent evaluation of Jones Electrical Distribution has occurred in request of a loan. An assessment of your financial health shows that your company is profitable. The shortage in cash flows regards managerial attention. Since Jones opened in 1999 the company has seen rapid growth in a highly competitive field. General contractors and electricians have preferred Jones for their business. The request for this loan also falls at the end of March, past patterns show that your company
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companies that show predictable cash flows, have good management teams in place, have well-developed niche markets, and are located in Texas and the Southwest. This strategy suits its position as a first-time fund because this geographic area is underserved by LBO firms. Additionally, the existence of dependable cash flow and management make it easier to acquire debt financing and increase leverage. GTT offered merits for both sellers and Brazos. It gave sellers a way to cash out if they desired, while
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10 | 4000 | 4 | 2300 | 11 | 4200 | 5 | 2500 | 12 | 4300 | 6 | 3200 | 13 | 4900 | 7 | 3600 | 14 | 5300 | Find the least square regression line for the data given. 5. Sulabh International is evaluating a project whose expected cash flows are as follows: Year | Cash Flow in Rupees | 0 | (1000,000) | 1 | 100,000 | 2 | 200,000 | 3 | 300,000 | 4 | 600,000 | 5 | 300,000 | a. What is the NPV of the project, if the discount rate is 14% for the entire period. b. What is the NPV of the project
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Internal Control for LJB Company Written by: Elson De Lemos Addressed to: The President of LJB Company August 08, 2013 Introduction 3 Internal Control Requirement 3 What LJB is Doing Right 5 Things to Improve and Recommendations 6 Conclusion 9 References 10 Introduction Mr. President as you have indicated you want to be informed about any new regulations required of your company in case you go public. This document will give you an overview of the Sarbanes-Oxley Act,
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ACC 504 Case Study 2 DeVry Keller School of Graduate Management Publicly Traded Companies Internal Control Requirements Becoming a publically traded company is a big decision. LBJ would have to weigh the cost versus the benefit. Investors want accurate records of the company’s earnings and finances. There are certain rules that a publically traded company must adhere to in order to be in compliance with the Sabarnes Oxley Act or (SOX). For smaller companies with less than 125,000,000 in revenue
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ASSIGNMENT CASH FLOW PREPARATION To purchase this visit here: http://www.activitymode.com/product/fin-200-week-1-assignment-cash-flow-preparation/ Contact us at: SUPPORT@ACTIVITYMODE.COM FIN 200 WEEK 1 ASSIGNMENT CASH FLOW PREPARATION Assignment: Cash Flow Preparation- Due on Sunday Complete Problems 27, 28, & 29 on pp. 51-53 of Foundations of Financial Management. Activity mode aims to provide quality study notes and tutorials to the students of FIN 200 Week 1 Assignment Cash Flow Preparation
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