. Identify at least 5 ways how the COVID-19 pandemic will change the way we work. b. What will be the impact of the COVID-19 pandemic on Accounting? Minimum 4 examples – well explained.
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a. Identify at least 5 ways how the COVID-19 pandemic will change the way we work.
b. What will be the impact of the COVID-19 pandemic on Accounting? Minimum 4 examples – well explained.
.
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- Which of the following are the characteristics of the Pension Benefit Guaranty Corporation (PBGC)? Check all that apply. Has no regulatory powers May act as the pension fund manager Affected by economic conditions Has vast regulatory powersWhat is the right choice for the manager to make? Why did the ethical dilemma arise? Is there any way to redesign the accounting reporting system to discourage the type of behavior that the manager is contemplating?In the Lehman Brothers Fruad Case, what are the Impact or the effects of the fraud on the institution and give recommendations or remidal measures that the institutions could take to prevent this fraud.
- How might an executive’s comments to Wall Street analystsaffect demand forecasts, and what are the consequences ofdoing so?2.How do the three key activities of the financial manager relate? 3.What is the main goal of the financial manager? How does the risk-return trade-off relate to the financial managers main goal?1.How might you prevent or reduce the probability of being victimized by perpetrators of healthcare fraudulent schemes. 2. How might you prevent or reduce the probability of being victimized by perpetrators of fraudulent tax schemes.
- H1. Account Newspaper headlines frequently highlight instances where business professionals are accused of engaging in unethical behavior. Are ethics important to the conduct of management accountants? Why or why not?7 In June 2005, IESBA issued a revised Code of Ethics for Professional Accountants. What does the term IESBA stands for? a. Internal Ethics Standards Board for Auditor b. Institutional Ethics Standards Board for Auditor c. Integrity and Ethics Standards Board for Accountants d. International Ethics Standards Board for Accountants Clear my choiceUsing the information given in the question identify THREE high risk areas for the auditand explain why they are high risk areas. For each high risk area identified, describe one audit procedure you would perform inresponse to those risks.
- Provide a brief definition or explanation of each of the following terms within the context offinancial business management, together with a comprehensive example. 4 - Zero-base budgeting.5 - Trade credit.1. Borrowing costs can be capitalized as part of the asset when (a) They are a qualifying asset and the entity has opted for the benchmark treatment under IAS 23. (b) They are a qualifying asset; the entity has opted for the allowed alternative treatment under IAS 23, but it is not probable that they will result in future economic benefits to the entity. (c) They are a qualifying asset; the entity has opted for the allowed alternative treatment under IAS 23, and it is probable that they will result in future economic benefits to the entity, but the costs cannot be measured reliably. (d) They are a qualifying asset; the entity has opted for the allowed alternative treatment under IAS 23, and it is probable that they will result in future economic benefits to the entity, but the costs cannot be measured reliably. 2. Which of the following may not be considered a "qualifying asset" under IAS 23? (a) A power generation plant that normally takes two years to construct. (b) An expensive…Answer briefly for each questions. Thank you. 1. Differentiate General Annuity and General Ordinary Annuity? 2. What is a General Ordinary Annuity? 3. Express the process in finding the Present and future value of General ordinary annuity. 4. What is the formula in finding the Fair Market Value? 5. Express the process in finding the Fair Market Value.