Estimating Cost Functions for Major Retailers For this Assignment, you use your assessment of cost function estimation methods in the context of the Netflix and Amazon Data Spreadsheet.
Estimating Cost Functions for Major Retailers
Then, you use this assessment, along with the ideas generated in this week’s Discussion, to develop cost function estimates for both Netflix, Inc., and Amazon.com, Inc. Use the following methods:
Account classification
High-low
Regression analysis methods. The inventory system under consideration consists of one central warehouse and a few non-identical retailers controlled by a continuous review inventory policy (R,Q).
The retailers face an independent Poisson demand. The inventory system under consideration consists of one central warehouse and a few non-identical retailers controlled by a continuous review inventory policy (R,Q).
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The previous chapter presented adjustments that might be needed at the end of each accounting period. These adjustments were necessary to bring a company’s books and records currently in anticipation of calculating and reporting income and financial position.
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Making Capital Budgeting Decisions Research Paper Why do we focus on cash flows rather than accounting profits in making our capital-budgeting decisions? As a financial manager, explain which types of cash flows you would consider in evaluating an investment and why.
Making Capital Budgeting Decisions Research Paper
Explain what is meant by options in capital budgeting and how they could influence a capital investment decision.
Search the internet for an academic or industry-related article. Select an article that relates to these concepts and explains how it relates to doing business in Saudi Arabia.
For your discussion post, your first step is to summarize the article in two paragraphs describing what you think are the most important points made by the authors (remember to cite the information, as appropriate).
For the second step, include the reference listing with a hyperlink to the article. Please note, do not copy the article into your post and limit your summary to two paragraphs. Let me know if you have any questions. Enjoy your search.
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The project must be an in-depth study of a topic associated with International Accounting, related to the syllabus of International Accounting. It may therefore be: A country study (ie the historical development of Accounting), or
A topic of international interest in the Accounting field.
If for international interest in accounting field would like to do about how technology use/apply in accounting service (eg. financial statement, big data, AI (may replace manpower in accounting field) etc.) Some information maybe useful is uploaded.
If for country study will be comparing the accounting standard and system between the UK and Japan or any other countries .
Coursework marking criteria:
80+ As below plus:
Outstanding work – contains accurate, relevant material, demonstrates understanding of complex subject matter & is able to view it in a wider context. Shows originality & confidence in analysing and criticizing assumptions, is aware of the limits of knowledge. Likely to add new insights to the topic & approaches the quality of published material
Evidence of extensive research, uses & presents references effectively
Outstanding quality in terms of organisation, structure, use & flow of language, grammar, spelling, format, presentation, diagrams, tables etc
70-79 As below plus:
Outstanding work – contains accurate, relevant material, demonstrates understanding of complex subject matter & is able to view it in a wider context. Shows originality & confidence in analysing and criticizing assumptions, is aware of the limits of knowledge
Evidence of extensive research, uses & presents references effectively
Excellent in terms of organisation, structure, use & flow of language
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Burwood Health is a small medical centre with five doctors (GPs). Dr Brown, the owner of the medical centre,will start his business in July this year. There will be five doctors and two receptionists in his medical centre. The consultation fees will be paid in three categories; bulk bill; patients pay in full amount or patients pays the gaps.
Dr Brown has requested your IT consulting team to set up a general ledger accounting package for Burwood Health. In this project, your team is asked to do the following tasks.
1. Write a proposal for Burwood Health accounting systems. In your proposal, you should include:
a. comparison of general ledger accounting packages,
b. the justifications of the selected package,
c. the cost of the selected general ledger accounting package,
d. technical requirements,
e. training strategy.
2. In your proposal, discuss the following features of the selected general ledger accounting package:
a. Ease of installation,
b. Flexibility in initial setup of the chart of accounts and during subsequent modifications,
c. Frequency of updates from subsystems (invoices, cash receipts, payrolls etc)
d. Report flexibility (how easy it is to design reports, etc)
3. Provide samples of statements of financial position, financial performance and a cash flow statement for which of these reports will be generated by your selected general ledger accounting package. List all these sample statements in the Appendix section of your proposal.
Marks will be allocated as below.
A. Proposal [8 marks]
B. Features Discussions [6 marks]
C. Financial Statements Samples listed in the appendixes [3 marks]
D. Use of academic and accounting discipline conventions and sources of evidence [3 marks]
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Variable Interest Entities Discussion and Analysis the FASB ASC Subtopic “Variable Interest Entities” affects thousands of business enterprises that now, as primary beneficiaries, consolidate entities that qualify as controlled VIEs.
Retrieve the annual reports for the Walt Disney Company which consolidates VIEs: in one paragraph for each answer the following:
Variable Interest Entities Discussion and Analysis
Describe
The reasons for the consolidation of the company’s VIE(s).
The effect of the consolidation of the VIE(s) on the company’s financial statements.
The link to the is annual reports in 2018 for the Walt Disney Company.
A variable interest entity (VIE) refers to a legal business structure in which an investor has a controlling interest despite not having a majority of voting rights; or, it may refer to an accounting structure involving equity investors that do not have sufficient resources to support the ongoing operating needs of the business.
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Activity Based Costing Concept and Model Discuss briefly the activity-based costing (ABC) concept and explain how ABC can differ from traditional costing approaches?
Activity Based Costing Concept and Model
Consider a healthcare organization with which you are familiar that uses an ABC model.
Activity-based costing (ABC) is an accounting method that identifies and assigns costs to overhead activities and then assigns those costs to products.
An activity-based costing (ABC) system recognizes the relationship between costs, overhead activities, and manufactured products, and, through this relationship, it assigns indirect costs to products less arbitrarily than traditional methods. Some costs are difficult to assign through this method of cost accounting.
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Subject Matter: Description, discussion, and analysis of any fraud related matter that encompasses an accounting, auditing, and/or financial related issue. The matter needs to have a forensic posture (some type of fraud examination by an interested party or authority) so that the suggested discussion areas below can be addressed.
Your research will not likely undercover all of the steps and issues which occurred during an internal, regulatory, civil and/or criminal investigation.
To the extent your research does not reveal all of the logical steps that likely occurred, identify what the steps you believe might have occurred and how you would have addressed them.
Be sure to explicitly delineate between what your research reveals and what your own thoughts and recommendations might be.
The purpose of this research is to describe a fraud related matter; understand the forensic accountants and/or other professionals with an investigative interest and the parties they represent; dissect the fraud; discuss the investigative steps; describe the resolution of the issues; and be able to communicate preventive measures.
Do write your paper in outline form. Clearly label each section of your paper as shown below.
I. Facts: Description of the Fraud
II. Classify the fraud using the ACFE’s Fraud Tree.
III. How was the fraud detected?
Copyright 2019 Victor E. Hartman
A. Whistleblower
B. Internal / External Audit
C. Regulatory body
D. Self-reporting
E. Law enforcement
F. Lawsuit
G. Other
IV. Forensic Posture: What facts, analysis, opinion, and conclusions are being sought and by whom?
A. Internal Proceedings
B. Regulatory
C. Civil
D. Criminal
E. Other
V. Analysis of the fraud:
A. How was the fraud perpetrated? Explain in detail.
B. What was the motivation of the subject?
C. Were controls overridden?
D. Economic impact, if any, on the entity.
E. Economic gain, if any, to the subject.
VI. Internal Investigation:
A. Who comprised the internal investigation, if known and if there was one?
B. If an internal investigation is merited, who would be the best party to lead?
1. Internal component
2. External component
3. Let the Civil / Criminal Authorities resolve
4. Other
5. Provide your opinion here
VII. Investigative Steps:
A. Strategy and sequencing of investigative steps.
B. Information obtained from individuals.
1. Interviews of critical witnesses or subjects
2. Depositions
C. Documents Needed:
1. Internal
2. External
3. Public records
Copyright 2019 Victor E. Hartman
D. Computer forensics.
E. Undisclosed Participation or Undercover Technique Possible
VIII. Conclusions and resolutions reached by interested parties, lawsuits, etc.
IX. Recommendations:
A. Can this be prevented in the future?
B. Internal controls
C. Fraud prevention recommendations
Cost and Time Estimations for Three Processes Do cost and time estimations for 3 processes according to credible resources Give a brief reason for your estimations.
Cost and Time Estimations for Three Processes
Two key features of a project are on-time and on-budget delivery. The project manager can only fulfill these objectives if the estimates leading to the project schedule and budget are accurate. Methods for estimating project times and costs focus on simplifying the process and breaking it down into little steps. Such methods allow project managers to estimate the cost and duration of small tasks more reliably. Estimates of many small tasks will be both high and low, and some will cancel out, reducing the overall error.
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