Table of contents 1. Executive Summary .................................................................................................. 3 2. Service Policy and Disclaimers ................................................................................ 4 3. Family Profile ................................................................................................................. 6 4. Goals and Objectives
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Financial Accounting Business Folio Task 1 (Team Assignment) DUE DATE: Your tutorial in week 4 If you do not hand in your business folio to your tutor at your tutorial in the specified week, then 2 marks per day will be deducted from the available marks for this Task. This 2-mark- deduction applies to all submissions after your tutorial time, even if still on the same day of your tutorial. Business folios will be only handed back at tutorials. It is your responsibility to attend the tutorials
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bonds payable was 14%, the income tax was 40%, and the dividend per ordinary share was P0.75. The market value of the company’s ordinary share at the end of the year was P26. All of the company’s sales are on account. Butter Cookies Comparative Balance Sheet (pesos in thousands) This Year Last Year Assets Current assets: Cash P 1,080 P 1,210 Accounts Receivable, net 9,000 6,500 Inventory 12,000 10,600 Prepaid expenses 600
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Problem Statement In the case of Maple Leaf Hardware ltd, the evident problem arises from the owner of the company, Robert Patrick’s, request to increase his existing line of credit that he has with the Central Canadian Bank. With a goal of increasing the existing line of credit of $100,000 to $160,000, Stuart Foreman of the Bank has a big decision to make. With the company having an obvious inventory problem, the bank is cautious when looking at Maple Leaf’s financial statements as well as their
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Functions and powers of the FRC (s. 225 of ASIC Act )---Provide broad oversight of the process for setting accounting standards//Appoint members of the AASB//Approve and monitor the AASB’s priorities, business plan, budget and staffing//Give the AASB directions, advice or feedback on matters of general policy//No power to direct AASB regarding development of particular standards//No power to veto a standard//Powers expanded in 2003 to include overseeing the activities of AUASB (ASIC) is responsible
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LAWSONS James Sutherland January 29, 2014 J. Austin Davey COMM 1007-01 Table of Contents Executive Summary……………………………………………………………3 Problem Statement…………………………………………………………….4 Problems Main/Sub-Issues…………………………………………………….4 Analysis …………………………………………………………………………..4-6 Statement of Changes (Description)………………………………………….6 4 C’s of Credit……………………………………………………………………..6-7 Alternative Analysis………………………………………………………………6-8 Recommendation…………………………………………………………………..8 Exhibit 1……………………………………………………………………………
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Recent Activities at the FASB Presentation Transcript 1. Recent Activities at the FASB Corporate Reporting and Governance Conference California State University, Fullerton September 2005 Katherine Schipper, Financial Accounting Standards Board The views expressed in this presentation are my own, and do not represent positions of the Financial Accounting Standards Board. Positions of the Financial Accounting Standards Board are arrived at only after extensive due process and deliberation.
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Chapter 3 The Balance Sheet and Financial Disclosures Exercise 3–3 1. f Accrued interest payable 10. a Supplies 2. d Franchise 11. c Machinery 3. -c Accumulated depreciation 12. c Land, in use 4. a Prepaid insurance, for 2014 13. f Unearned revenue 5. g Bonds payable, due in 10 years 14. d Copyrights 6. f Current maturities of long-term debt 15. h Preferred stock
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Cash book The journals Trial balance trial balance as at December 30 2013 | | | | DR ($) | CR ($) | cash | 444,500 | | bank | 1,780,760 | | debtors: T. Mcbean | 40,300 | | T. Wright | 15,500 | | creditors: Tysoue ltd | | 71,200 | Car care ltd | | 42,880 | Good year
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12‐week study plan Week 1 – PMR Week 2 – PMR Week 3 – Assurance Week 4 – Week of review of previously covered material Week 5 – Assurance Week 6 – MDM Part Week 7 – Finance ; PMR Week 8 – Week of review of previously covered material Week 9 – Taxation Week 10 – Write and debrief Mock Exam #1 Week 11 – GSRM; PMR Week 12 – Write and debrief Mock Exam #2 and #3 Management Decision MakingPart 1 Intro 55 minPart 2 Various subjects 62 minPart 3 Various subjects 41 minPart 4
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