Multi National Companies Auditing Issues What are the main differences between the OECD Principles of Corporate Governance issued in 1999 and the revised version issued in 2004?
Multi National Companies Auditing Issues
What are the provisions in the Sarbanes-Oxley Act 2002 and the New York Stock Exchange listing requirements that are aimed at improving corporate governance and are directly related to audit committees?
Multi National Companies Auditing Issues Essay
What determines the primary role of external auditing in a particular country? What is the PCAOB? What is its role in audit regulation?
What is the PIOB? What is its role in audit regulation?
What was the impact of the European Union’s Eighth Directive on the regulation of auditing in the United Kingdom?
International act and the International Accounting Compare current reporting practices between a company that reports under IFRS in the United States and a U.S. GAAP company that also files in the U.S.
International act and the International Accounting
I would like each group to find one company that files IFRS based financial statements with the SEC. You are suggested the following search strategies:
1. Searching the public press for any talk about filing IFRS financial in the U.S.
2. Identify a handful of foreign companies who do business in the United States and see if they report to the SEC by going to www.SEC.gov and searching the company database for the company of interest. Download their 10-K filing and examine footnote 1 on accounting policies. I expect that footnote to identify what form of accounting method is used. (The audit opinion will likely also state the method.)
3. Compare the company performance through the market/industry index in (10, 5 and 1 year).
Based on the financial reports and other disclosures found at the SEC web-site or the web-sites of companies in the following industries, each assigned group should choose one of the IFRS companies listed and then find another company that files under U.S. GAAP in the same industry for review. You may use Compact Disclosure in the Business Library or yahoo.com to find other companies in the same industry.
Groups Companies
Walmart / Tesco PLC
Merck/ GlaxoSmithKline
Motorola/Nokia
Hershey / Cadbury
Royal Dutch Shell / Exxon
Daimler AG / Ford
Required:
The companies’ reporting practices should be compared and contrasted paying specific attention to at least two areas where US GAAP and IFRS potentially differ for the two companies. You may also want to observe interesting industry reporting practices in general (e.g., use of leases, importance of R&D, intangible assets, fair values, etc.) Also, feel free to document or comment on any reporting practices that you feel are innovative and/or deficient. Ideally, you should form some type of opinion about the relative reporting quality of the two companies in comparison to each other.
Report format:
1- executive summery
2- introduction ( what is the paper about, main objective of the paper , company background, some history of company, organizational structure and its industry and market descriptions) around 2 pages
3-lit review ( the usage of wall mart Gaap and IFRS )
4-interpertation / analysis the main thing (comparisons)
5- conclusion
6- references
Issue Equity or Debt as a Corporate Issuer As a corporate issuer, how would you decide to either issue new stock or to borrow by issuing debt? What would the advantages of either be?
Issue Equity or Debt as a Corporate Issuer
The successful post will clearly and concisely describe the advantages and disadvantages of issuing equity vs debt.
You are a training officer with your local law enforcement agency. You are responsible for developing training materials and training opportunities for the officers in your agency.
Your superior has assigned you an unusual task in anticipation of an in-house training and development program. This task is focused on civil rights, but you have been asked to play devil’s advocate for a day. Your task is to present a memo that will be distributed to everyone at the training as required reading.
Your memo will be on the topic of how the criminal justice system might look and function if civil rights and civil liberties were not valued.
Your answer to the following question can assist you in developing your memo:
If the criminal justice system employed a true public-order approach to fighting crime, what would agencies do differently right now?
Assignment Guidelines
Use your course materials, the library, and relevant Internet research options to research major Supreme Court cases that have impacted criminal justice agency policy decisions. For example, Miranda v. Arizona and its progeny changed custodial interrogations, and Terry v. Ohio changed stop-and-frisk situations.
Address the following in 750–1,000 words:
What landmark U.S. Supreme Court case have you chosen, and what criminal justice policy changed as a result of that case? Explain.
This is the starting point for this assignment. Once you understand how that case changed policy, then you can start to work on identifying how the criminal justice system might change its function if the rule of law established in that case was no longer a requirement.
Do the decisions of the U.S. Supreme Court impact criminal justice policy decisions? Why or why not? Explain in detail.
How might the affected criminal justice agencies perform differently if the rule of law in your chosen U.S. Supreme Court case was no longer a requirement? Explain in detail.
Be sure to reference all sources using APA style.
Public Economics and the Price Elasticity of Demand The price elasticity of demand for wine is estimated to be -1 at all possible quantities.
Public Economics and the Price Elasticity of Demand
Currently, 200 million gallons of wine are sold per year and the price averages $6 per bottle.
Public Economics and the Price Elasticity of Demand Answers
What is the excess burden associated with a tax of 10% on wine?
What is the excess burden associated with a tax of 20% on wine?
Using your answers in a. and b., what is the relationship between the tax rate and the excess burdens?
Under what circumstances can a doubling of the tax on wine actually improve efficiency? (you will need to remember course material from before the midterm).
Economic Position and Monetary Policies Coursework
What should the monetary and fiscal authorities be doing over the next year or so?”
Economic Position and Monetary Policies Coursework Discussion
Choose any one country, assess its current macroeconomic position and discuss what policies have been adopted by the monetary and fiscal authorities in the past year. What should the monetary and fiscal authorities be doing over the next year or so?”Choose any one country, assess its current macroeconomic position and discuss what policies have been adopted by the monetary and fiscal authorities in the past year. What should the monetary and fiscal authorities be doing over the next year or so?”Choose any one country, assess its current macroeconomic position and discuss what policies have been adopted by the monetary and fiscal authorities in the past year. What should the monetary and fiscal authorities be doing over the next year or so?”Choose any one country, assess its current macroeconomic position and discuss what policies have been adopted by the monetary and fiscal authorities in the past year.
Economic Position and Monetary Policies Coursework and the Future Activities of Fiscal Authorities
What should the monetary and fiscal authorities be doing over the next year or so?”Choose any one country, assess its current macroeconomic position and discuss what policies have been adopted by the monetary and fiscal authorities in the past year. What should the monetary and fiscal authorities be doing over the next year or so?” Economic Position and Monetary Policies Coursework Choose any one country, assess its current macroeconomic position and discuss what policies have been adopted by the monetary and fiscal authorities in the past year. What should the monetary and fiscal authorities be doing over the next year or so?”Choose any one country, assess its current macroeconomic position and discuss what policies have been adopted by the monetary and fiscal authorities in the past year. Economic Position and Monetary Policies Coursework What should the monetary and fiscal authorities be doing over the next year or so?’
Debt and Deleveraging Progress on the Path to Growth General Instructions:
You need to follow the instructions in your syllabus as well as in Angel before starting this assignment.
Debt and Deleveraging Progress on the Path to Growth
They can take 2 or more days at times to respond to customer service requests so plan ahead to account for these problems. Debt and Deleveraging Progress on the Path to Growth
Your assignment is not complete until you submit it to NetTutor. If you turn in the assignment to the instructor for whatever reason it will be treated as incomplete and you will get a zero grade for this assignment.
Debt and Deleveraging Progress on the Path to Growth Grading Rubric
Each submission will be graded on a scale of 1-4 and the feedback provided in your NetTutor account (under Paper Center).
Carefully consider the following problems and answer the accompanying questions after reading the report and referring to the relevant chapter of your textbook (also see Grading Rubric on the last page).
In January, 2012, the McKinsey Global Institute published
“Debt and deleveraging: Uneven progress on the path to growth.” In the executive summary, the following observations were made about the state of investment spending in the United States (and the U.K.):
“Today, annual private investment in the United States and the United Kingdom is equal to roughly 12 percent of GDP, approximately 5 percentage points below pre-crisis peaks. Both business investment and residential real estate investment declined sharply during the credit crisis and the ensuing recession.”
The authors identify six ‘markers’ of successful recovery from a financial crisis. One of those markers is a credible plan for balancing the government’s budget in the long-run. Debt and Deleveraging Progress on the Path to Growth In their words, we need “long-term fiscal sustainability.” Long-term fiscal sustainability is important for today’s economic growth.
1. Define economic growth and identify what is the single biggest factor responsible for long-run economic growth. In your answer you need to define that single biggest factor responsible for long-run economic growth.
2. Explain how interest rates influence the incentive to invest. Why does an increase in the market interest rate reduce the incentive to invest? This paragraph should comprise the bulk of your paper.
3. Explain how large government budget deficits year after year will have an impact on the equilibrium interest rate
using the Loanable Funds model. Debt and Deleveraging Progress on the Path to Growth
4. Summarize in a concluding paragraph – why did the McKinsey Global Institute conclude that long-term fiscal sustainability is important for economic growth?
Financial Analysis ReceivablesTurnover Efficiency Ratio Be sure to read the information under the Course Home Financial Analysis link, go through the tutorial videos listed on the page, and download the transcripts for each video to use as references
when completing the financial analysis assignment.
Financial Analysis Receivables Turnover Efficiency Ratio
These tutorials and transcripts will give you most, if not all, of the instructions you need to make your analysis. One tip – total assets and
current assets are different figures.
Financial Analysis Receivables Turnover Efficiency Ratio Tutorial
To give you a brief recap of this task:
You are using your financial expertise to analyze CanGo’s financial situation. Looking at the first line of the spreadsheet, the first line is “Efficiency Ratio: Receivables Turnover.” The tutorial
videos will explain what the Receivables Turnover Efficiency Ratio is and why it is important. This detail is what you will put in the column “Explanation of why ratio is important.”
The tutorial videos will also give you the formula for “Receivables Turnover,” and this is what you will put in the column “Formula (express the ratio in words).”
I recommend that you review the video tutorials and complete the two columns described above first so that you will understand what needs to be done next, which is that you will review the CanGo
financial information and calculate the “Receivables Turnover” using CanGo financial information and the formula that you already identified.
Financial Analysis Receivables Turnover Efficiency Ratio Detailed Calculation
This information will be placed in the column “Detailed
calculation (actual numbers from financial statements used for the calculation).”
The results of your calculation for CanGo will be placed in the column “Final number (final result of the detailed calculation).”
You do not need to put the CanGo financials as a reference, but you do need to list any sources that you used to understand and describe the ratios.
This assignment is worth 96 points, with each box that needs to be completed on the form worth 3 points.
The CanGo financial information can be found on the CanGo Intranet; the link is available at the bottom of the Course Home Report Guide page. Financial Analysis Receivables Turnover Efficiency Ratio
I would like to give you a few tips to hopefully help you avoid mistakes that many students make with this assignment. As I recommended in a previous announcement, your first step should be to complete the formula column for the specific ratio. You can find the formulas in the videos or transcripts under Financial Analysis link. I recommend looking there first. If it still seems
confusing, I am listing some websites below that some students have found helpful.
After you have the formula, look for the matching figure on the CanGo financial statement. Don’t make this harder than it has to be! Some of the formula components are line items on the financial
statement and some of the exact figures you need are on the financial statement, without requiring that you perform calculations. You will need to calculate some of the amounts, but not all of them. Financial Analysis Receivables Turnover Efficiency Ratio
For example, the Cost of Goods Sold is a line on the Income Statement. Cost of Goods Sold is not any type of income, however, this figure is used in an area of the Income Statement for calculating
Gross Profit. Net Income is also a line on the Income Statement, and the figure is there for you. My recommendation is that after entering your formula in words in the Formula column, look for the
matching line item in the financial statement to get the figure that you need to use in the Detailed Calculation column. Financial Analysis Receivables Turnover Efficiency Ratio
Financial Analysis Receivables Turnover Efficiency Ratio Link Information
If you do not find a matching line item, then you will need to determine which
figures you need to make the appropriate calculation.Another tip, “Current” assets and “Current”
liabilities are different from “Total” assets and “total” liabilities or total debt. Keep in mind that “current” is not the same as “total.” Total Assets is not the same as Total Equity. Financial Analysis Receivables Turnover Efficiency Ratio
I hope this information helps. The following websites might help in addition to the tutorial videos and transcripts available in the course under the Financial Analysis link information.
http://accountingexplained.com/financial/ratios/
http://www.netmba.com/finance/financial/ratios/
http://beginnersinvest.about.com/od/financialratio/Financial_Ratios.htm
http://www.accountingcoach.com/online-accounting-course/03Xpg01.html Financial Analysis Receivables Turnover Efficiency Ratio
Audit Quality on What CFOs Perceive as Important Succinctly summarizes and articulates the key features of the research. Makes appropriate criticisms and constructive suggestions.
Audit Quality on What CFOs Perceive as Important
Reflects understanding or knowledge of the related literature. It is rare (if ever) that you can pick up a paper and read it in isolation without reference to related works. Provides a comprehensive inclusion of related work, including their assessment of the piece, and including a full list of references. Also, read the attachment clearly and fallow the instructor.
This is an easy task. You only need to write a review for one journal.
But you need to read the journal Thoroughly.
Reducing Auditing Risk for Havelock Eropa Company. Followed the audit topic.No introduction and no conclusion.
Reducing Auditing Risk for Havelock Eropa Company
The main company we talked about is Havelock Eropa. You should answer the question on the audit topic. The tenet about this 1000 words is to find ONE area identify, and explain the reasons for, the detailed audit procedures you would carry out in attempting to reduce audit risk to an acceptably low level. This is the most important one. Do you know why an internal audit is important for your business? Many entrepreneurs don’t understand what an internal audit is or why it’s a good investment for them.
