Category: Accounting

  • “Financial Analysis of a Publicly-Traded Company: A Comprehensive Review of Financial Statements and Ratios”

    Instructions
    Write a research paper on the following. The assignment has two requirements:
    1.) Select a publicly-traded company that is traded on U.S. exchange. Locate the annual report for at least the last three fiscal years.
    Analyze the financial statements for the company and review for large movements in specific accounts from one year to the next. In addition, review the notes to the financial statements as these are an integral part of the financial reporting package. Evaluate the balance sheet to determine if there are large changes in the company’s assets, liabilities, or equity accounts. In addition, analyze the income statement and statement of cash flows.
    2.) At a minimum, calculate the following ratios for two years, the debt-to-equity ratio, current ratio, quick ratio, return on equity, and net profit margin. For each ratio, explain what the ratio tells you about the company. For this assignment you may NOT use the following companies: Microsoft, Amazon, Walmart, Tesla, Disney, NVIDIA or Apple. Submission of a paper using any of these companies will be an automatic zero. Please choose a publicly traded company OTHER than these, and utilize the three most recent years of data for your paper. The research paper must have a minimum of 2-3 pages (excluding the title and reference page) and be formatted in APA 7th edition
    Note that your attached paper will automatically be submitted to Turnitin, and an Originality Report should be sent back to the classroom within around 15 minutes. The Originality report does not actually recommend changes. It does point out where you may need to add a citation or quotation marks (if not already cited). Once you use it a few times, you will appreciate this tool, as it will assist you in improving quality and content, as well as avoid plagiarism. Your goal is to keep direct quotations to a minimum and to make sure that you do not just cut and paste material. Ensure that all your references are cited. A report with a similarity index less than 25% is acceptable for undergraduate-level work.
    Your paper will be evaluated according to the Writing Assignment Grading shown below. To maximize your grade, be sure to use the proper organization (intro, body, conclusion) and follow APA style. Your paper should have a title page and reference page, but you do not need an abstract for this assignment.
    GradeHomework Problems Grading Criteria
    90-100%
    Assigned exercises/problems are completed in full.
    Work demonstrates effective application of the concepts/principles covered in the chapter.
    Work thoroughly explains answers and calculations.
    Solutions are calculated with no errors or insignificant errors.
    80-89%
    Assigned exercises/problems are completed in full or are significantly complete.
    Work demonstrates effective application of most concepts/principles covered in the chapter.
    Work thoroughly explains most answers and calculations.
    Solutions are calculated with insignificant errors.
    70-79%
    Assigned exercises/problems are mostly complete.
    Work demonstrates effective application of some concepts/principles covered in the chapter.
    Work explains some answers and calculations.
    Solutions are calculated with significant errors.
    60-69%
    Assigned exercises/problems are fairly complete.
    Work demonstrates effective application of a few concepts/principles covered in the chapter.
    Work explains a few answers and calculations.
    Solutions are calculated with significant errors.
    0-59%
    Assigned exercises/problems are less than 50% complete.
    Work does not demonstrate effective application of the concepts covered in the chapter.
    Work submitted does not thoroughly explain answers and calculations.
    Solutions are not calculated or are calculated with significant errors.

  • Title: Reflection on Earning a Graduate Degree in Professional Management

    will be graduating as a colleague in professional management. Welcome to the small group of the population with a graduate degree; only 13.1% of the U.S. population over the age of 25 hold a master’s or professional degree.
    Number of People with Master’s Degrees and Doctoral Degrees Doubles since 2000.Links to an external site.
    Post a Response
    I do hope that we have fulfilled the promise that this course would be talking about what is right out of the business news.
    Reflect on the following:
    What did you learn?
    How did/will you apply it?
    Where did you struggle?
    How did you grow?

  • Principles of Accounting II SEC 10-K Project: Milestone Writing Assignment

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    Instructions
    Milestone Writing Assignment: Principles of Accounting II SEC 10-K Project
    Objective: This milestone writing assignment aims to assess your progress and provide feedback on your SEC-10K project. By completing this milestone, you should have written sections on the statement of shareholders’ equity, income statement, and balance sheet for your selected publicly traded company.
    Instructions:
    Statement of Shareholders’ Equity:
    Provide a detailed analysis of your selected company’s statement of shareholders’ equity.
    Include explanations of any changes in equity accounts, such as common stock, retained earnings, and additional paid-in capital.
    Analyze any dividends paid or stock repurchases during the reporting period and their impact on shareholders’ equity.
    Discuss any significant events or transactions affecting shareholders’ equity, such as stock issuances, mergers, or acquisitions.
    Income Statement:
    Analyze a comprehensive income statement for your chosen company.
    Present revenue, expenses, gains, and losses for the reporting period.
    Analyze the company’s profitability by calculating key ratios such as gross profit margin, operating profit margin, and net profit margin.
    Discuss any unusual or non-recurring items that may impact the comparability of financial performance.
    Balance Sheet:
    Analyze a balance sheet reflecting the financial position of your selected company.
    Include current assets, non-current assets, current liabilities, and non-current liabilities.
    Analyze liquidity, solvency, and financial leverage ratios derived from the balance sheet.
    Identify any significant changes in asset or liability accounts and discuss their implications for the company’s financial health.
    Submission Guidelines:
    Format your submission according to APA guidelines.
    Use clear and concise language, avoiding jargon or technical terms without explanation.
    Provide supporting evidence and references where necessary.
    Ensure proper citation of sources if any external information is utilized.
    Submit your milestone assignment in Word format.
    Evaluation Criteria: Your milestone assignment will be evaluated based on the following criteria:
    Accuracy and completeness of analysis for the financial statements.
    Clarity and coherence of analysis are provided for each section.
    Depth of understanding demonstrated in the interpretation of financial data.
    Application of accounting principles and concepts relevant to the SEC-10K project.
    Adherence to submission guidelines and formatting standards.
    Link for my company – Kohl’s
    https://www.sec.gov/ix?doc=/Archives/edgar/data/885639/000095017024034691/kss-20240203.htm

  • Title: “Assessing the Impact of 2020 and 2021 Net Income on Two Accounting Periods”

    What is the impact on 2020 and 2021 net income and the impact on net income over the two accounting periods. Is part A2 to A4 and B2 and B3.

  • “Cost Estimation using Regression Analysis: A Case Study”

    Project 1- Regression Analysis 1. Develop scattergraphs, simple regression output tables, and multiple output table. 2. Develop cost estimation based on your regression analysis. 3. Analyze results and recommend the best approach for the cost estimation.   

  • “Tax Research Assignment: Deductibility of Penalty for Failure to File Tax Return”

    This assignment is an INDIVIDUAL assignment and due by the final day of the Module.  Submissions should be uploaded to the dropbox in the course. Research assignments should be in proper format of a Client Letter AND Memo.  Citations needed should only be IRS PRIMARY SOURCES.  Submissions that reference non primary sources cannot earn a passing score.
    Harold recently was notified by the IRS that he was being assessed a penalty for failure to file a tax return.  Harold was upset that he has to pay this penalty, but has come to you, a CPA for assistance to ensure he is tax compliant moving forward.  Harold believes that the penalty paid for failure to file the tax return is tax deductible.
    REQUIRED:
    As a staff accountant in the firm hired by Harold, use an official tax research service to research primary source material to determine if this penalty can be deducted.  Communicate your findings in both a work paper memo and client letter as to whether or not Harold can deduct the penalties.

  • Title: Understanding Accounting Systems and Variances in Financial Data

    Complete this template by replacing the bracketed text with the relevant information.
    Accounting System Questions
    1. How does an accounting system provide accurate calculations to prevent errors?
    [Insert text.]
    2. What are potential concerns related to data security?
    [Insert text.]
    3. How does an accounting system save time?
    [Insert text.]
    4. How does using an accounting system enable separation of duties?
    [Insert text.]
    5. What are the benefits of an ERP system?
    [Insert text.]
    6. What are the benefits of QuickBooks?
    [Insert text.]
    Variance and Anomalies Questions
    7. How can an accounting system help you find anomalies or variances in financial data?
    [Insert text.]
    8. Assume you calculated a financial ratio variance of 2x the usual balance for accounts receivable. Why did you calculate a financial ratio variance of 2x the usual balance?
    [Insert text.]
    9. You are a small company that calculates a normal current ratio at 1.95. This period the current ratio is only 1.45. Why has the ratio decreased?
    [Insert text.]
    References
    Include at least one reference used to complete this chart. This section is for the full citation. Sources should be cited using APA style.

  • “Choosing the Best Accounting Method for a Small Business: Cash Basis vs Accrual Basis” “Making the Right Choice: Evaluating Cash Basis and Accrual Basis Accounting for Small Businesses”

    If you were to open a small business with the knowledge and skills you have acquired to this point, would you prefer to keep your accounting records on the cash basis or the accrual basis? Reflect on the differences between cash basis and accrual basis accounting, and explain why you selected one option over the other.

  • “Excel Analysis of Parker and Suffolk PLC: Maximizing Profits and Minimizing Costs”

    Please complete the case Excel and Analysis Case – Parker and Suffolk PLC, page 534, in good form, using Excel. The case includes Part I a-d, and Parts II – IV. Students are to complete Part I a-d only. The case will be submitted as one workbook; enter part I a-d on separate worksheet tabs.
    I’ve attached photos of the case.

  • Financial Reporting Review of Local Government: Examining Budget Types, Fiscal Compliance, and Legal Requirements “Analyzing Budgetary and Fiscal Compliance in Local Government ACFRs” “Analyzing Revenue Rates and Trends in Governmental and Enterprise Funds”

    OverviewThe Governmental Accounting Standards Board (GASB) has established accountability as the cornerstone of financial reporting for governments. Accountability, as defined by GASB, includes budgetary and fiscal compliance. In this assignment, you will explore a local government’s Annual Comprehensive Financial Report (ACFR) for the elements of the ACFR and how those elements are incorporated by a local government.
    Your professor will assign a local government ACFR for use in this assignment.
    InstructionsWrite a 3-5 page paper in which you address the following:
    Analyze the local government ACFR for the types of budgets the local government maintains. Provide at least three different budget types maintained by the local government and an example of what each controls.
    Analyze the Management Discussion and Analysis for at least three assertions made by management as to their budgetary and fiscal compliance. Provide an example of each of the three assertions you analyzed.
    Analyze the Budget-to-Actual reports in the local government ACFR for at least three indications of budgetary and fiscal compliance, such as significant or non-significant variances. Provide the implication for the local government of each of the three indications.
    Analyze the local government ACFR for at least three local government finance-related legal or contractual requirements. Provide an example of each of the three requirements.
    Use at least three quality sources to support your writing. Choose sources that are credible, relevant, and appropriate. Cite each source listed on your source page at least one time within your assignment. For help with research, writing, and citation, access the library or review library guides.
    This course requires the use of Strayer Writing Standards (SWS). The library is your home for SWS assistance, including citations and formatting. Please refer to the Library site for all support. Check with your professor for any additional instructions.
    The specific course learning outcome associated with this assignment:
    Analyze the financial reporting of a local government for specific indications of budgetary and fiscal compliance.
    View Rubric
    Week 4 Assignment – Week 4 – Assignment: Financial Reporting Review of Local Government
    Week 4 Assignment – Week 4 – Assignment: Financial Reporting Review of Local Government
    CriteriaRatingsPts
    Analyze the local government ACFR for the types of budgets the local government maintains. Provide at least three different budget types maintained by the local government and an example of what each controls.26 to >23.4 pts
    Exemplary
    Analyzed the local government ACFR for the types of budgets they maintain. Identified three different budget types maintained and provided an example of what each control.23.4 to >20.8 pts
    Competent
    Analyzed the local government ACFR for the types of budgets they maintain. Identified three different budget types they maintained and provided an example of what two of the identified types control.20.8 to >18.2 pts
    Satisfactory
    Analyzed the local government ACFR for the types of budgets they maintain. Identified three different budget types they maintained. Response contains at least one example of what a budget type controls.18.2 to >15.6 pts
    Needs Improvement
    Analyzed the local government ACFR for the types of budgets they maintain. Identified two different budget types they maintained and an example of at least one of the budgets identified controls.15.6 to >0 pts
    Unacceptable
    Did not submit or submission contains no evidence or identification of the type of budgets maintained or identification of examples of what they control./ 26 pts
    Analyze the Management Discussion and Analysis for at least three assertions made by management as to their budgetary and fiscal compliance. Provide an example of each of the three assertions you analyzed.
    26 to >23.4 pts
    Exemplary
    Analyzed the Management Discussion and Analysis for at least three assertions made by management as to their budgetary and fiscal compliance. Provided an example of each of the three analyzed assertions.23.4 to >20.8 pts
    Competent
    Analyzed the Management Discussion and Analysis for at least three assertions made by management as to their budgetary and fiscal compliance. Provided an example of two of the analyzed assertions.20.8 to >18.2 pts
    Satisfactory
    Analyzed the Management Discussion and Analysis for at least three assertions made by management as to their budgetary and fiscal compliance. Provided an example of one of the analyzed assertions.18.2 to >15.6 pts
    Needs Improvement
    Analyzed the Management Discussion and Analysis for at least three assertions made by management as to their budgetary and fiscal compliance. Provided an incomplete example of one management assertion.15.6 to >0 pts
    Unacceptable
    Did not submit or submission contains no evidence of analysis of management assertions or examples of any assertions./ 26 pts
    Analyze the Budget-to-Actual reports in the local government ACFR for at least three indications of budgetary and fiscal compliance, such as significant or non-significant variances. Provide the implication for the local government of each of the three indications. 26 to >23.4 pts
    Exemplary
    Analyzed the local government methods used in preparation of the Budget-to-Actual reports in the ACFR, including the basis of accounting used, significant variances, and other local government finance-related legal or contractual requirements.23.4 to >20.8 pts
    Competent
    Analyzed the local government methods used in preparation of the Budget-to-Actual reports in the ACFR, including at least two analysis factors – the basis of accounting used, significant variances, or other local government finance-related legal or contractual requirements.20.8 to >18.2 pts
    Satisfactory
    Analyzed the local government methods used in preparation of the Budget-to-Actual reports in the ACFR, including at least one analysis factor – the basis of accounting used, significant variances, or other local government finance-related legal or contractual requirements.18.2 to >15.6 pts
    Needs Improvement
    Analyzed the local government methods used in preparation of the Budget-to-Actual reports in the ACFR, but submission includes only partial inclusion of analysis factors – basis or accounting used, significant variances, or other local government finance-related legal or contractual requirements.15.6 to >0 pts
    u
    Did not submit or submission contains no evidence of analysis of local government methods used in preparation of the Budget-to-Actual reports in the ACFR and did not include any analysis factors – basis of accounting used, significant variances, or other local government finance-related legal or contractual requirements./ 26 pts
    Analyze the local government ACFR for three local government finance-related legal or contractual requirements. Provide an example of each of the three requirements.
    26 to >23.4 pts
    Exemplary
    Analyzed the local government ACFR for three local government finance-related legal or contractual requirements. Provided an example of each of the three requirements.23.4 to >20.8 pts
    Competent
    Analyzed the local government ACFR for three local government finance-related legal or contractual requirements. Provided an example of two of the three requirements.20.8 to >18.2 pts
    Satisfactory
    Analyzed the local government ACFR for three local government finance-related legal or contractual requirements. Provided at least one example of such a contractual requirement, however, the remainder of the submission does not contain suitable examples.18.2 to >15.6 pts
    Needs Improvement
    Analyzed the local government ACFR for three local government finance-related legal or contractual requirements. Provided a partial example of only one of the identified requirements.15.6 to >0 pts
    Unacceptable
    Did not submit or submission contains no evidence of analysis of the local government ACFR, with no identification of primary revenue sources from both governmental and enterprise funds or any analysis of the following factors – revenue rates, revenue trends, or whether there was any delay in the recognition of revenue./ 26 pts
    Use at least three quality sources to support your writing. Choose sources that are credible, relevant, and appropriate. Cite each source listed on your source page at least one time within your assignment.
    13 to >11.7 pts
    Exemplary
    Cited at least three credible, relevant and appropriate sources; each source was cited within the assignment.11.7 to >10.4 pts
    Competent
    Cited required number of sources but not all sources were credible, relevant or appropriate; or sources were not cited within the assignment.10.4 to >9.1 pts
    Satisfactory
    Cited required number of sources but sources were not credible, relevant or appropriate.9.1 to >7.8 pts
    Needs Improvement
    Did not cite the required number of sources and one or more sources were not credible, relevant or appropriate.7.8 to >0 pts
    Unacceptable
    Did not cite any sources./ 13 pts
    Produce writing that contains accurate grammar, mechanics, and spelling in accordance with SWS style.
    13 to >11.7 pts
    Exemplary
    Produced writing that is clear and well organized and applies appropriate SWS style. Writing contains accurate grammar, mechanics, and spelling with no errors.11.7 to >10.4 pts
    Competent
    Produced writing that attempts to be clear and well organized and to apply appropriate SWS style. Writing contains some errors in grammar, mechanics, and spelling. There may be occasional errors (1–2), but they do not impact the ability of the reader to understand the writing.10.4 to >9.1 pts
    Satisfactory
    Produced writing that attempts to be clear and well organized and to apply appropriate SWS style. Writing contains some errors in grammar, mechanics, and spelling. There are multiple errors (3–4) that distract from the reader’s ability to understand the writing.9.1 to >7.8 pts
    Needs Improvement
    Produced writing that has noticeable issues with clarity, organization, and the application of SWS style. Errors in grammar, mechanics, and spelling detract from readability. Overall, there were frequent errors (5–6) and have a definite impact on the ability of the reader to understand the writing.7.8 to >0 pts
    Unacceptable
    Produced writing that lacks clarity, organization, or does not apply SWS style. There are significant issues with grammar, mechanics, and spelling. Overall, errors are significant in number (7 or more), and the reader will have difficulty understanding the writing.