Category: Accounting

Access the company’s Form 10-K via www.sec.gov or the company’s investor relations webpage for the audit report.
Create an introduction with essential audit information and state the report’s objective.
Calculate materiality level and discuss method, calculation, and suitability for the audit.
Analyze financial statements using ratio analysis, comparing with available online analyses.
Review and discuss two applicable audit programs, stating procedures and relevance to audit objectives.
Conclude the report with reflections on the company’s risk level, strengths, and areas of concern.
7-9. Include a bibliography, citing all external sources used in the report. Use MLA, APA, ASA, or Chicago formatting, limited to 10 pages total.

fill out the Form 4562 and Form 5884.
The most important material is Ver. 1.1 Business return and research project

Objective: Craft a practitioner-focused article detailing how Power BI can be utilized to enhance accounting processes. The article should instruct on specific uses of Power BI to solve prevalent issues in the field, targeting professional accountants.
Instructions:
Topic Selection:Identify an accounting process or issue that can be optimized or resolved through data visualization tools like Power BI.
Research the context and importance of this issue within the field of accounting.
Article Development:Develop an instructional and insightful article that explains how Power BI can address the selected issue.
Provide a detailed walkthrough of the Power BI solution, including setup, dashboard creation, and data interpretation.
Use diagrams, screenshots, and visual examples to clearly convey your points.
Article Length: Target around 5 pages, adhering to the standards of a professional journal.To assist in this endeavor, the following articles have been provided as models to help guide your understanding of effective writing styles, article flow, technical detail, and submission requirements for such publications:”How Microsoft Power BI Can Provide More Insight Than Excel Alone” – Journal of AccountancyRead the articleLinks to an external site.
Focus on how the integration of software tools like Power BI enhances traditional Excel tasks.
“Testing Journal Entries with Excel: An Effective Audit Tool” – Journal of AccountancyRead the articleLinks to an external site.
Note the detailed explanation of procedural steps and the clarity of the audit-related content.

Improve your understanding of the relationships between the financial statements; increase your confidence in preparing and recording accounting entries; increase your ability to understand the preparation of formal financial statements.

I will attach the following instructions of the assignment on what to do and another attachment will be the company name please do the highlighted thank you

A typical organization loses a certain percentage of annual revenue to fraud. The potential for fraud occurs in all organizations, regardless of the industry in which it operates, financial structure, or size. Every organization is vulnerable to fraud. The risk of fraud should be reduced as much as possible to improve the longevity of the organization. Hence, preventing, deterring, and detecting fraud are crucial to the success of organizations. Deterring and preventing fraud can be more economical than detecting, investigating, and recovering from fraud after the fact. These anti-fraud measures must start at the top and must be communicated throughout the organization. They must go beyond internal controls yet consider the cost-benefit. 
Develop an anti-fraud program, or model, that can be implemented in any organization. In other words, don’t apply the model to a specific organization. The model, if applied correctly, must be efficient in preventing, detecting and deterring fraud. At minimum, your model must address the following factors:
Fraud risk assessment
Employees’ Code of Conduct
Policies and procedures to prevent, deter, and detect fraud
Technical tools to prevent, deter, and detect fraud (i.e. SQL, ODBC, Digital Analysis, etc.)
Cost-benefit analysis
Resources to consider:
AICPA. (n.d.). Managing the business risk of fraud: A practical guideLinks to an external site..
Protiviti. (n.d.) Evaluating your anti-fraud programLinks to an external site..
The Portfolio Project preliminary deliverables are as follows: 
Week 4: Submit a one-page outline of your paper, including references that demonstrates your initial research of components of a real-world anti-fraud program/model for approval by your instructor. 
Week 6: Submit the proposed final references section for your project.
Part 1: Requirements for the paper:
Demonstrate your comprehension of the course material.
Use professional business language.
10-12 pages in length (double-spaced), not including the cover and reference pages. Supporting documents (i.e. charts, graphics, etc.) should be included as addendums to your report and not in the body of the report.

For this text
contains Walmart’s January 31, 2021, Form 10-K. (see the file attach for the 10-K)
Read the management discussion and analysis
(MD&A), financial statements, and notes to the financial statements,
especially Note 1, “Summary of Significant Accounting Policies.”
Revenue
Recognition
·        
a. Does Walmart recognize all of its
revenue at a point in time? If not, how is it recognized?
Cost of
Sales and Inventory
·        
b. What costing method does Walmart use to determine
cost of sales and inventory?
·        
c. How does Walmart handle the
requirement to report inventory at lower-of-cost-or-market?
·        
d. Does Walmart have a large LIFO
reserve? If not, why?
·        
e. Walmart receives discounts
from suppliers because it purchases large volumes of merchandise. Is this
reported as other income or accounted for in another way?
Working
Capital
·        
f. Operations create working
capital accounts. Which of Walmart’s working capital accounts are the most financially
significant?
·        
g. Does Walmart’s working capital
management yield a positive or negative net investment in working capital? Is
this a good situation for Walmart’s profitability? Why?
Provide your opinion: By reviewing its MD&A, how does
Walmart integrate its financial performance with broader economic trends and
global influences? Submit your answer in word, excel,

Write about Excel and how it can be used for Cost Accounting (I started some of the assignment). For career application, I prefer the bank field so can try add something about that. I have 2 references already and the instructions for the essay are in the attached doc 🙂

There isn’t a page limit for this report.  It will vary but it will be over 12 companies. I have the excel assignments for the 12 companies to help getting the information for the report. Please follow the attached report instructions. I provlide the additional documents on the 12 companies later. 

On January 30, 2024, Chancellor Kathaleen McCormick of the Delaware Court of Chancery, struck down Elon Musk’s multibillion-dollar pay packageLinks to an external site. at Tesla (NASDAQ: TSLALinks to an external site.) after finding the process for securing its approval “deeply flawed.” New media used titles such as “Elon Musk’s $55.8 Billion Tesla Pay Package Struck Down by JudgeLinks to an external site.” when reporting on the lawsuit. Musk’s pay package in question, which consisted of 12 tranches of stock options, has fully vested, though he has yet to exercise any of those options. Shareholders voted overwhelmingly in favor of the package in 2018. For all the options to vest, Tesla—valued at less than $60 billion at the time—needed to reach a market capitalization of at least $650 billion while also hitting various revenue and profit targets. The company cleared the last of those hurdles in 2022.
Equity securities such as stocks and stock options have been used in executive compensation packages for a long time in the U.S. Before FASB revised SFAS 123R in 2004, stock options were usually measured at intrinsic value, which resulted in very little to no compensation expense recognized in the company’s financial statements. SFAS 123R required companies to use fair value to measure options and recognize compensation expense during the service period.
https://cases.justia.com/delaware/court-of-chancery/2024-c-a-no-2018-0408-ksjm.pdf?ts=1706652091
https://finance.yahoo.com/quote/TSLA?.tsrc=fin-srch&guccounter=1
https://www.wsj.com/business/elon-musks-55-billion-tesla-pay-package-struck-down-by-judge-3e619f53