Communications Memo Legal Obligations Amid the turmoil of a sudden resignation and rumors of inappropriate accounting practices, we cannot forget our legal obligations. The Securities and Exchange Commission(SEC) is investigating our situation and requesting documentation. The specifics of these requests lead us to believe that the questionable practices may involve revenue recognition. The SEC requires that we file the following information because we are a publicly held company (U.S. Securities
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Human Resource Accounting Human Resource Accounting (HRA) means to measure the cost and value of the people (i.e. of employees and managers) in the organisation. It measures the cost incurred to recruit, hire, train and develop employees and managers. HRA also finds out the present economic value of its employees and managers. After measuring the cost and value of its employees and managers, the organisation prepares a report. This report is called HRA Report. It is shown to the top level management
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Maxwell and Company: Staff Auditor Embezzlement at a Small Client 1. Anna Thomas committed a fraudulent act by making personal charges and cash withdrawals on Rusher Automotive’s credit card. The accounting profession believes there are three conditions necessary for fraudulent behavior. (See Statement on Auditing Standards No. 99, Consideration of Fraud in a Financial Statement Audit. For additional explanation, you may want to review Buckhoff [2001].) a. List the three elements and discuss
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Process of Accounting Standards 10 Auditing Standards 11 Full convergence with International Standards 11 Verification of Capital Contribution 13 Comparison of China’s old GAAP and IFRS 14 Accounting Education in China 15 The Chinese Institute of Certified Public Accountants 15 The CICPA Overview 15 The CICPA Examination 16 Accounting Student 18 China’s Cultural Influences on Accounting 19 Appendix 1. Comparison of CASs and ISAs (As of 2006) 22 Appendix 2. Accounting Firms in
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Accounting Information Systems Ethical Dilemma Homework Assignment Deliverable 4” x 6” index card, NO NAME Assignment 1. On one side of the card, explain a situation in which you faced an ethical dilemma. The situation could be from your personal life (with friends or relatives), from work experience, or from school. 2. On the reverse side of the card, explain how you handled the ethical dilemma. Did you seek advice from anyone? What actions did you consider? What action did
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Memo To: John Smith, Small Business Director From: Joan Jones, Accounting Associate Date: October 28, 2012 Subject: Funding for a Business Writing Course I am writing to request funding to participate in an upcoming class, Business Writing, held at Un known University. The class will focus on effective writing strategies in a business setting and how writing simpler, clearer, and being concise will enable a better understanding of written material by the readers. Also
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| | |INTERNATIONAL ISLAMIC UNIVERSITY MALAYSIA | |COURSE OUTLINE | |
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Pharmacy students, upon entering their institutions, have to abide by a code of conduct usually higher than other students following a different career path. Students specialising in law, marketing or accounting do not have to maintain the high standard of professionalism that pharmacy students have to demonstrate whilst in school. Students have deemed this set of rules unfair and professionals insist that it has to be maintained in order to fully understand the grasp of pharmacy as a profession
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Case Set Instructions Which cases do I complete, and when is each case set due? See the syllabus. How do I prepare the cases? Start with a cover page that provides class information (ACCT 4400, etc.) and the names of all team members. The cover page should also include the specific cases or parts of cases completed by each team member along with any reviewing responsibilities. The answers to the three cases in each case set must follow the order listed in the syllabus. All materials
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management skills and other skills which will benefit their daily life and future career. 2.0 ORGANIZATION BACKGROUND AND STRUCTURE Khairuddin Hasyudeen & Razi (KHR) is a member of the Malaysian Institute of Accountant. It is a chartered accounting firm that has established its practice since 1992. Its vision is ‘to be the preferred business advisor in enterprise value enhancement’ and holds a mission of ‘linking strategy to value’. The firm is a medium sized audit firm in Malaysia and
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