Category: Accounting

  • Week 4: Case Study

    Full Case Study details are available in the document

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  • Personal Value Assessment

    The purpose of this assignment is to assess personal values and use them to establish a vision and a mission as a foundation to set and achieve significant personal or professional goals.

    Similar to the “MEGA Values, Mission, and Vision” assignment, for this assignment you should be thinking about these same items for yourself as well. In the same way that an organization performs with greater intention and cohesiveness when its employees and stakeholders are all working with a communal sense of purpose toward a shared goal, you will be able to better and more successfully shape your future when you have a clear idea of who you are and the value you offer to your customer relative to your competition. Your personal vision provides a tangible target for your goals by reflecting your aspirations for the individual you hope to become. And more concretely, your personal mission defines the areas in the industry where you compete or intend to compete and the customers you intend to serve that will assist you to fulfil your vision.

    Together, your vision and mission statements offer a foundational identity, defining who you intend to serve and in what capacity (your mission), and how those elements will help you shape your intended future (your vision).

    Based on what you have read in the topic Resources, including the “Mission and Vision Statement Guidance” and other mission and vision statement resources located in the Topic 1 Resources, think through the steps required to develop your personal vision and mission statements that flow from your values and will be attractive to your intended customers. Your goal may be related to your intended professional career path, or you may choose a hobby you are passionate about or another aspect of your life. What is important here is to know that in all cases, the strategic pursuit of a goal requires internal and external analysis, deep understanding of your stakeholders (including your customers) and a thoughtful plan based on robust research, analysis, and projections.

    Write a 1,000-1,250-word response that includes the following:

    1. Given where and how you intend to compete, what are the key elements required for you to develop a competitive advantage relative to your competitors? You will need to support this through industry and competitor research.
    2. Apply the concepts of competitive advantage, articulate your values. Based on your values and the competitive landscape (i.e., external, and internal analysis) state your personal vision and mission in terms that will both target and attract your ideal customer.
    3. Research SMART goals. Based on your understanding, list five SMART goals that you will need to pursue and achieve to reach your vision. Note: Each goal should meet the definition of SMART.
    4. Once established, how will you measure, monitor, and modify your plan to maximize the probability of success in achieving your outlined goals?

    Prepare this assignment using effective business writing style. Refer to the resource “Effective Business Writing,” located in the Class Resources, for specific guidelines and formatting requirements.

    This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

  • Governmental Reporting Presentation

    Hello, I have added a screen shot of the assignment details. Thank you for your help!

  • Payroll onboarding process analysis

    Overview For this project, you will focus on analyzing a payroll onboarding process. By using your knowledge of general accounting principles, you will determine what information you will need to perform the analysis. Consider how you review the onboarding documentation to verify it for payroll and determine what information must be input into the accounting information system (AIS) related to the payroll onboarding process. Scenario You have recently been hired as a business analyst for the chief financial officer (CFO) of a small direct-to-consumer organization. The company is growing and is looking for ways to gain efficiency by automating some processes. The CFO has asked you to perform an analysis of the current payroll onboarding function within the organization. Through this analysis of the current onboarding functions, you will determine the benefits and drawbacks of how employee information flows through an AIS and how using an AIS will improve the payroll onboarding process. Using what you have learned from your Milestone One assignment (flowchart) and with your knowledge of inputting data into an AIS, you will analyze the current new-hire procedures to identify areas for improvement and present this to the CFO. Directions After reviewing the Scenario and Supporting Materials sections, complete your analysis. Begin by reviewing the current new-hire procedures manual specific to the payroll onboarding process. Using Microsoft PowerPoint, create a presentation including speaker notes, and incorporate the illustration completed in Milestone One (flowchart). This is your opportunity to incorporate feedback you received from your instructor into your flowchart before adding it to your PowerPoint presentation. Remember, the goal of the PowerPoint presentation is to present any findings to the CFO. You will need to include a dialog of your findings (script) within the Speaker Notes section in your presentation. You will then need to download the Speaker Notes in the form of a PDF file to upload for your submission with the completed PowerPoint presentation. You will have two submissions for Project One: your presentation and your script. Review the PowerPoint Speaker Notes Tutorial in the Supporting Materials section for assistance. Specifically, you must address the following rubric criteria: Provide a high-level overview of the payroll onboarding process. Illustrate the payroll onboarding process in the form of a flowchart. Include the following details in your response: Post your flowchart within the presentation after incorporating feedback from your instructor on Milestone One. Describe which job function is responsible for performing each task. Explain how the payroll onboarding processes function within accounting information systems. Identify inputs and outputs of the payroll onboarding processes within an accounting information system. Identify how key transaction cycles are automated. Include the following details in your response: Identify steps in the payroll process from paper approval (timesheet) to automated employee paychecks. Identify at least two benefits of automating the payroll onboarding system. Explain your rationale why the identified benefits support automating the payroll onboarding system. Identify at least two drawbacks of automating the payroll onboarding system. Explain your rationale why the identified drawbacks do not support automating the payroll onboarding process. Summarize your findings of the payroll onboarding process. Include the following details in your response: Tasks within a payroll onboarding process Inputs and outputs in the payroll onboarding process Appropriate personnel performing tasks (role) Employee onboarding process documents Approval protocol Benefits and drawbacks of the payroll onboarding process Security protocol Appropriate computerized output with corresponding due dates What to Submit To complete this project, you must submit the following: Payroll Onboarding Presentation Submit your completed 1214 slide presentation using the Project One Template and Microsoft PowerPoint. Sources should be cited in APA style. Speaker Notes Include speaker notes with your presentation in the form of a PDF file. Sources should be cited in APA style.

    Attached Files (PDF/DOCX): ACC 315 Project One New Hire Procedures.docx

    Note: Content extraction from these files is restricted, please review them manually.

  • Accounting

    Now that your cookie business is well underway, you are going to use the knowledge that you have gained in this course to evaluate the financial information for the company. You will be creating a series of reports and analyzing the results using the templates provided to guide you through the project. In this final project, you will do the following:

    1. Apply accounting concepts and standards to the creation of accounting information and reports.
    2. Analyze accounting information used to make strategic business decisions.
    3. Apply ethical behavior to accounting-related situations.
    4. Make business decisions based on analyzing accounting data.

    Length: Using the (see attached), prepare an eight-to-twelve-page written report (including spreadsheets).

    References: At least three peer-reviewed sources are required, any additional resources used are required to be scholarly/academic in nature. APA Style is required for citations and references.

    Details: First, start the paper with an abstract and introduction section, per the assignment template provided.

    Part 1: Based on the data presented in the Unit VII Spreadsheet Template in Excel (CM Breakeven tab):

    • Calculate the contribution margin (CM) for each of the three products sold at the cookie business.
    • Calculate the weighted average CM.
    • Calculate the breakeven point.

    Complete your calculations by filling in the highlighted cells; embed a copy of the completed spreadsheet into this report. Discuss the results based on your calculations as far as which type of cookie you think is the most profitable, which has the highest CM, and such.

    Part 2: Based on the data presented in the Unit VII Spreadsheet Template in Excel (Full Variable tab), complete the calculations listed below.

    • Calculate the value of ending inventory under full or absorption costing.
    • Calculate the value of ending inventory under variable costing.

    Complete your calculations by filling in the highlighted cells; embed a copy of the completed spreadsheet into this report. Discuss the results, and comment on which method you think is more helpful to managers and why.

    Part 3: Based on the data presented in the Unit VII Spreadsheet Template in Excel (Special Order tab), calculate the net increase or decrease in profit if they take the special order.

    Complete your calculations by filling in the highlighted cells; embed a copy of the completed spreadsheet into this report. Discuss the results and comment on if you think the cookie business should take on this special order of cookies for a wedding. Business has been slow the last few months, and the offer is less than the usual selling price for the cookies.

    As part of your discussion, include both quantitative (based on the numbers) and qualitative (not based on numbers) factors that would go into the decision to take on the special order, including pricing decisions.

    Part 4: Based on the data presented in the in Excel (IRR tab), calculate the internal rate of return (IRR) for the new equipment purchase.

    Complete your calculations by filling in the highlighted cells; embed a copy of the completed spreadsheet into this report. Note: the PV Annuity table is provided for you. Discuss if you think the cookie business should accept or reject the purchase of the new equipment and why.

    Additional information has come to your attention regarding the equipment purchase. One of the partner’s brothers owns the company that sells the equipment and insists the equipment is needed. Discuss any ethical concerns you see with this type of transaction.

    Part 5: Based on the data presented in the Unit VII Spreadsheet Template in Excel (Cash Budget tab), calculate the cash receipts for the first quarter of this year.

    Complete your calculations by filling in the highlighted cells; embed a copy of the completed spreadsheet into this report. Discuss your observations about the way cash is collected if the company needs $150,000 per month for expenses.

    Part 6: Based on the data presented in the Unit VII Spreadsheet Template in Excel (Variances tab), complete the following calculations.

    • Calculate the material variances.
    • Calculate the labor variances.

    Complete your calculations by filling in the highlighted cells; embed a copy of the completed spreadsheet into this report. Discuss your observations about the variances and ways to plan to improve any of the variances.

    End this paper with the key observations and present any future recommendations.

    Submission: Save the submission as a Word document and upload the document to Blackboard.

    Grading: The assignment will be reviewed in alignment with the grading rubric criteria. The assignment is worth 20% of your course grade.

    Attached Files (PDF/DOCX): UnitVII_Final_Project_Template.docx

    Note: Content extraction from these files is restricted, please review them manually.

  • Management Applications of Accounting

    You have been hired at ABC Manufacturing, and you have been asked to work on the budget for the upcoming year regarding labor costs and the number of employees needed. Complete the attached template for this assignment.

    APA Style is not required for this assignment.

    1. Review the data given, fill in the information in yellow cells to determine number of employees needed.

    2. Based on the calculations result and information given, address how this information can be useful for managers in terms of scheduling, planning, and control. Include ethical considerations in the budget process. Type your response in the box below.

    3. Brieftly address how regulatory and compliance requirements (e.g., minimum wage, benefits, safety, etc.) might impact labor costs and pricing decision. Type response in the below box.

  • DataProj1

    DO NOT ACCEPT IF YOU DO NOT HAVE ACCESS TO TABLEAU

    Project Comment:

    In this project, you will work with a fact table that provides denormalized data that is ready for analysis.

    Project Scenario:

    You are performing an analysis for the owner of Owl Games, and you need to communicate the results. The owner has asked you which customer has contributed the most total dollar amount of gross margin (sales less costs). The owner asks you to provide a column chart, showing gross margin for all customers. The owner asked for you to provide the analysis as a Tableau Packaged Workbook.

    Project Instructions:

    • Using the dataset included above, perform a Gross Margin Analysis. Use the instructions for Lab 2-2 on page 95 of your textbook as a guide. Your data is different and will not look like the screenshots in the textbook. You do not need to perform the Assessment Steps 1 and 2 described by your textbook on page 98. Instead you will be submitting your data analysis as a Tableau Packaged Workbook.
    • Create a Word document and draft a hypothetical email to the Owner. Since this is just an email, a single, short paragraph is sufficient. Your email should include a recap of the work that you performed (use the AMPS model to help you know what to write), including the following:
    • A: Restate the question that is being answered and the purpose of the analysis.
    • M: Describe how you transformed or used the data.
    • P: State analytics procedures you used.
    • S: Share the results. Answer the owner’s question in your email.
    • Submit two files: The TWBX file and the Word document.
  • Blockbuster-Bear Sterns Video

    Refer to the

    1. (PDF) from earlier in the week.Completely answer the 10 questions found on the first 2 pages of the reading (click the link to access the reading) providing numerical answers to support your conclusions.
    2. Answer the questions in an Excel spreadsheet. Be sure to show your work.

    Attached Files (PDF/DOCX): Blockbuster – Bear Sterns Case_revised.pdf

    Note: Content extraction from these files is restricted, please review them manually.

  • Unit 3 Assignment Directions: Identify Types of Receivables,…

    This is a one page Executive Summary and an Exel Spreadsheet. The company I selected in Stanley Black and Decker, Inc (SWK)

    Purpose

    Using your publicly traded manufacturing company, you will identify types of receivables, apply inventory costing methods, and calculate asset management ratios.

    Task

    1. Use your selected publicly traded manufacturing company.
    2. Identify the different types of receivables that the company has.
    3. Identify the following inventory costing methods based on the company’s selected inventory valuation found in the SEC 10-K report:
    • FIFO
    • LIFO
    1. Calculate the following asset management ratios for the company:
    • Current ratio
    • Quick ratio
    • Inventory turnover ratio
    • Total asset turnover ratio
    1. Create an to organize your data and calculations.
    2. Write a report summarizing your findings.

    Submission

    Report Outline:

    • Introduction
    • Company overview
    • Types of receivables
    • Inventory costing methods
    • Asset management ratios
    • Conclusion and recommendations

    Excel Spreadsheet:

    The Excel spreadsheet should include the following columns:

    • Company name
    • Type of receivable
    • Amount
    • Inventory costing method
    • Inventory value
    • Asset management ratio

    References

    Attached Files (PDF/DOCX): 105 Examine the Efficiency of Inventory Management Using Financial Ratios – Principles of Accounting Volume 1_ Financial Accounting _ OpenStax chap 105.pdf, 101 Describe and Demonstrate the Basic Inventory Valuation Methods and Their Cost Flow Assumptions – Principles of Accounting Volume 1_ Financial Accounting _ OpenStax chapt 10.pdf, 91 Explain the Revenue Recognition Principle and How It Relates to Current and Future Sales and Purchase Transactions – Principles of Accounting Volume 1_ Financial Accounting _ OpenStax chapter 9.pdf, Unit 3 Executive Summary Example.docx

    Note: Content extraction from these files is restricted, please review them manually.

  • Notes on Enduring Auditing PrinciplesaA

    A deep explanation on enduring audit princples and postulates of auditing

    Requirements: