Financial account Milestone 1-4

Please help with multiple choice questions.

Need help with question 9 & 10 only. Question 8 already answered

Hello! I have to fill in this comparison table between three types of enterprises. I filled in the parts of LLC an JSC, and I need to fill in the individual entrepreneur characteristics. please let me know if there are any mistakes in the parts I filled in. Thanks a lot!

Subject - account  Please help me.  Thankyou.  The Dodd-Frank Act (2010) includes a variety of new regulations, including the creation of: Multiple Choice O O The Financial Services Industry Control Commission. The Consumer Financial Protection Bureau. The Cost Accounting Standards Board. The Executive Compensation Review Board. 2

14 Which of the following is an example of a direct engagement?  Group of answer choices  a. Omega Company hired Manjean to express an opinion on the financial statements of Omega Company which was prepared by another firm on behalf of Omega Company.  b. Butters, CPA was hired to issue an assurance report on sustainability practices of Blacklist Corporation. Butters will evaluate the sustainability practices of Blacklist Corporation and issue a report on it.  c. Mara was engaged to issue an opinion on the financial statements prepared by Onic Corporation.  d. Chantelle is engaged to provide assurance on the total proven reserves of an oil company. The company measures its reserves and prepares a report available to intended users.

Consider yourself the financial controller of Alpha. The managing director, who is not an accountant, has recently attended a seminar and has raised the following questions for you concerning issues discussed at the seminar: The notes to the financial statements say that plant and equipment is held under the ‘cost model’. However, property which is owner occupied is revalued annually to fair value. Changes in fair value are sometimes reported in profit or loss but usually in ‘other comprehensive income’. Please explain how all these treatments comply with relevant reporting standards. The manager director also added “I wonder how the revaluation model can affect the information relevancy and reliability”. Required: Provide answers to the queries raised. You should justify your answers with reference to relevant IFRS Standards and academic literature.

Consider yourself the financial controller of Alpha. The managing director, who is not an accountant, has recently attended a seminar and has raised the following questions for you concerning issues discussed at the seminar: The notes to the financial statements say that plant and equipment is held under the ‘cost model’. However, property which is owner occupied is revalued annually to fair value. Changes in fair value are sometimes reported in profit or loss but usually in ‘other comprehensive income’. Please explain how all these treatments comply with relevant reporting standards. The manager director also added “I wonder how the revaluation model can affect the information relevancy and reliability”.

Consider yourself the financial controller of Alpha. The managing director, who is not an accountant, has recently attended a seminar and has raised the following questions for you concerning issues discussed at the seminar:The notes to the financial statements say that plant and equipment is held under the ‘cost model’. However, property which is owner occupied is revalued annually to fair value. Changes in fair value are sometimes reported in profit or loss but usually in ‘other comprehensive income’. Please explain how all these treatments comply with relevant reporting standards. The manager director also added “I wonder how the revaluation model can affect the information relevancy and reliability”

need help with question 9 & 10 only. Ouestion 8 already answered

2. Consider yourself the financial controller of Alpha. The managing director, who is not an accountant, has recently attended a seminar and has raised the following questions for you concerning issues discussed at the seminar:   The notes to the financial statements say that plant and equipment is held under the ‘cost model’. However, property which is owner occupied is revalued annually to fair value. Changes in fair value are sometimes reported in profit or loss but usually in ‘other comprehensive income’. Please explain how all these treatments comply with relevant reporting standards. The manager director also added “I wonder how the revaluation model can affect the information relevancy and reliability”.   “When I looked at the note detailing the intangible assets we include in our consolidated statement of financial position, I noticed that several brand names associated with subsidiaries we acquired recently were included in this figure. Therefore, I also expected to see a…

Please help me.  Thankyou.

Imagine that you are a manager in a large entity and need to make a recommendation to the CEO on which tender to accept. The job being put out to tender by the entity is worth millions of dollars, and you have a significant ownership share in one of the companies tendering. Outline the ethical issues to be considered

Which of the following best describes a non-profit organization? One in which the leadership is governed by a board of directors O One in which the workforce is made up of volunteers O One that reinvests profit into the organization instead of distributing it to owners One that relies solely on private donations for the organization's financial needs plz do in 30 minutes

Need help with question 9 & 10 only

You are finance director in a public sector organization that has experienced difficulty attracting and retaining skilled staff. To assist in overcoming this problem, the board has engaged a consultant to recommend an improved benefits structure, to apply to all staff. The consultant has produced his report, and you have been asked to consider the proposed staff benefits structure, and make appropriate recommendations to the board.  You study the report, conduct appropriate research, and assess the costs involved. You conclude that it will be necessary to increase staff costs, but you believe these will be offset by the efficiencies brought about by recruiting and retaining high-quality staff. The report contains the following recommendations:  Benefits should be related to the length of service of members of staff.  After one year of continuous employment, a member of staff will qualify for private health insurance.  Private health insurance should cover the member of staff and his or…

You are finance director in a public sector organization that has experienced difficulty attracting and retaining skilled staff. To assist in overcoming this problem, the board has engaged a consultant to recommend an improved benefits structure, to apply to all staff. The consultant has produced his report, and you have been asked to consider the proposed staff benefits structure, and make appropriate recommendations to the board.  You study the report, conduct appropriate research, and assess the costs involved. You conclude that it will be necessary to increase staff costs, but you believe these will be offset by the efficiencies brought about by recruiting and retaining high-quality staff. The report contains the following recommendations:  Benefits should be related to the length of service of members of staff.  After one year of continuous employment, a member of staff will qualify for private health insurance.  Private health insurance should cover the member of staff and his or…

Goodwill Industries Accounting in a Nonprofit Organization Please answer the following questions: 1. What are some similarities between accounting performed at Goodwill and for-profit companies? 2. What are some differences between accounting performed at Goodwill and for-profit companies? 3. How can Goodwill use ratio analysis to improve its operations?

Which of the following statements about corporate social responsibility (CSR) is false? O a. CSR describes the efforts of companies to take responsibility for improving social well-being within and outside of the firm. b. Companies are taking a more active role in recent years in focusing and reporting on their own CSR initiatives. c. CSR describes the efforts of companies to take responsibility for the impact their operations have on society. d. CSR activities may include waste and pollution minimization but do not include agricultural initiatives within farming and ranching.

Which of the following best describes a non-profit organization? One in which the leadership is governed by a board of directors O One in which the workforce is made up of volunteers O One that reinvests profit into the organization instead of distributing it to owners One that relies solely on private donations for the organization's financial needs do in 30 minutes

Chapter 7 of the textbook presents some concerns regarding the current accounting standards for research and development expenditures. Instructions: For this discussion, you will be divided into two groups: Group B: You are assigned to Group B if you have a last name beginning with N-Z.  Assume that you are the FASB member. Write a memo defending the current standards regarding research and development. For both groups, your memo should address the following questions: By requiring expensing of R&D, do you think companies will spend less on R&D? Why or why not? What are the possible implications for the competitiveness of U.S. companies? If a company makes a commitment to spend money for R&D, it must believe it has future benefits. Shouldn't these costs therefore be capitalized just like the purchase of any long-lived asset that you believe will have future benefits? Explain your answer. For your initial post, indicate in the subject line which group you are in (Group A…