Purpose of Assignment This comprehensive case requires students to evaluate a static budget and prepare flexible budgets to meet managerial needs. Students are required to calculate and analyze variances and discuss how variances are critical to managerial decision making. Assignment Steps Resources: Generally Accepted Accounting Principles (GAAP), U.S. Securities and Exchange Committee (SEC), Green Pastures Static […]
Assignment 2: Discussion—Ensuring the Quality of a Financial Statement Financial statement fraud is common these days. Phrases like “earnings management,” “cookie jar accounting,” and “accounting hocus-pocus” have entered our vocabulary. There have been innumerable instances of financial statement fraud perpetrated by many well-known companies over the years. These frauds not only result in a company’s […]
Explain the difference between a capital expenditure and a revenue expenditure. Also, give an example of each and explain the difference in the method of accounting for each expenditure. Explain if there are times that it would be in management’s best interest to “shift” an expenditure from a capital expenditure to a revenue expenditure?
MS6010 Course Project Guidelines Your course project will consist of a 15–20-slide Microsoft PowerPoint presentation. These slides will help you present your investment idea to the President and CEO of the public company. As such, the slides must be well crafted to help convince the leader of the company of the need for the investment, […]
Assignment 1: Discussion—ABC or Activity-Based Costing In your readings this module, you were introduced to Activity-Based Costing or ABC. It is a method used to determine a reliable predetermined benchmark for the allocation of overhead costs to the products produced based on their activity levels. In this discussion, we will work a case study on […]
Assignment 1: Discussion—Case Study: General Machinery, Ltd Ratio analysis is a method used to analyze the financial reports of a company and interpret trends in the company’s performance. As a nonaccounting manager, you use numerous ratios to analyze your company’s performance year-by-year and benchmark the performance to industry averages, to an individual competitor’s performance, or […]
MS6010 Course Project Guidelines Your course project will consist of a 15–20-slide Microsoft PowerPoint presentation. These slides will help you present your investment idea to the President and CEO of the public company. As such, the slides must be well crafted to help convince the leader of the company of the need for the investment, […]
Pro Forma Income Statement (Excel Spreadsheets). · · Team Project – Pro Forma Income Statement (Excel Spreadsheets). A Pro Forma Income Statement is a projected income statement. For our purpose, your team is expected to project income for a 5-year period based Cases #21 and #22: SIRIUS/XM RADIO information. The cases end in Fiscal […]
TUTOR KIMBERLY Assignment M4 Assignment 1: Discussion—ABC or Activity-Based Costing In your readings this module, you were introduced to Activity-Based Costing or ABC. It is a method used to determine a reliable predetermined benchmark for the allocation of overhead costs to the products produced based on their activity levels. In this discussion, we will work […]
In a 1-2 page paper, please complete the following: Review the financial statements from the manufacturing company, “Ford Motor Company” you chose in week one. Discuss the importance of each type of budget (master, sales, production, direct materials, manufacturing overhead, sales and administrative). Give 1-2 examples describing how each budget can assist the company in improving […]