Category: Accounting

For your Research Paper, you will choose a topic that
deals with some aspect of theory related to topics covered in the course Use
the Liberty University Research Portal and other sources to search for journal articles
in professional accounting and business journals that pertain to your topic.
Then, you will write an 8–10-page research paper that
adheres to current APA7 format. It must include scholarly references from at
least 5 different sources, a title page, and a reference page, which will not
count toward the page requirement.

I would like you to follow the steps all together and look at the understanding points in the table, Ex ( LO1 , LO2) and I’ll be uploading a table as an example for task 2.

Files needed for input:
• #2 Inventory Process Narrative.docx
• #3 Inventory Control Listing.xlsx
IMPORTANT: So far, we have reiterated that sensitive client information is not to be uploaded to public instances of AI technology platforms. This may seem counterintuitive when we are uploading client business processes in this portion of the case. However, it is important to point out that most audit firmshave their own proprietary AI technology that is internally confined and monitored, allowing employees to ask more client-specific questions (subject to audit engagement letter allowable data use considerations). These are not to be posted to public instances.
As the tool does not have specific information about account balances, risk of material misstatements, industry factors, the client’s business environment, nor other risk and fraud factors, including those external to the company (i.e., industry-specific), auditors must exercise their professional judgment to determine the appropriate procedures.
Requirements (total 100): Please consider the following hypothetical situation: your engagement team was recently engaged to conduct the audit of a national manufacturing company, Keeping You Warm, LLC, that designs and manufactures cold-weather accessories including wool hats, gloves, and socks. You are an audit associate assigned to the inventory process for this year’s audit. You have just completed walk-through meetings with the client and are currently working through the initial risk assessment of the inventory process. Read through the Inventory Process Narrative.docx supplemental file received from the company’s key inventory contact.
1) [30 points] Use the company’s inventory process narrative in the LLM, along with the current list of inventory controls in place (Inventory Control Listing.xlsx). Where are there potential gaps identified in controls? Identify additional controls that can be added to each step of the process. Please list the LLM’s response below (10 points) and comment on the proposed controls. In your opinion, which are critical for the company to add (20 pints)? 2) [30 points] Based on the company’s current process narrative and controls already in place (not including the suggested controls in your response to #3), have the tool provide an initial risk assessment of the company’s current-year inventory process in the aggregate (not separated by subprocess) (10 points). Use your professional judgment to comment on any oversights within the tool’s response (20 points).
3) [15 points] As your team is finalizing its audit plan for the year, ask the LLM what substantive procedures it recommends performing over the various inventory account balances, given all the above information. What procedures does it recommend? 4) [15 points] Based on the recommended substantive procedures from the previous question, ask your LLM to generate an initial Prepared-by-Client (PBC) list to deliver to the client for interim and year-end procedures. A PBC list includes all of the various schedules, documents, or sample support needed in order to complete your audit procedures.

In its advertising, Ford Motor Company says “Quality is Job One.” Ford is indicating that good quality is the most important consideration for its customers. This would include customer satisfaction on delivery dates and specific areas of car performance, including properly closing doors, and defect rates. Explain how Activity Based Costing can help supply this information to Ford’s management. 

For this Activity, you will visit the virtual field link and select CPAs from at least two different categories and read about them.  Select one and write up a  1-page summary of what you discovered about their journey to becoming a CPA.  Add your personal analysis of their journey and how their experience might relate to you and your journey through college and a profession/career. Please make sure your file is a Word document
https://www.thiswaytocpa.com/profession/profiles/
for my personal analysis you can make it up. I go to college of dupage and northern illinois university. My career path is management and leadership

Directions:
Review the information in “DBA-820 Integrated Case Study” located in the Class Resources for this course. This includes narrative information as well as financial and supporting documentation.
Consider the questions presented in the case study, and formulate decisions based on the information and documentation in the case study. Support your decisions with appropriate current (within the last 3 years) or foundational, peer reviewed, and professional research as well as financial analysis including the instructor feedback from your Topic 2 assignment.
Write a paper (1,500-1,750 words) that addresses the case issues, expresses your decisions regarding the case questions, and integrates instructor feedback from your Topic 2 assignment. In your paper, include the following:
A summary of the current environment as presented in the case. (Note: Information from the case study does not require a reference note or in-text citation.)
A summary of the business issue, emphasizing the financial concerns, from the case. Integrate specific feedback from your instructor regarding your summary of the financial issue.
A review of at least two viable potential resolutions and the supporting research and financial analyses you presented in your Topic 2 assignment. Integrate specific feedback from your instructor regarding the proposed resolutions.
A research-supported discussion of the ethical implications of each option and the extent to which these ethical implications are influenced by the mission, vision, and core values of ABCTech. (Reinforces C.2.6: Incorporate ethical considerations when recommending complex business decisions.)
An overtly stated, research-supported recommendation for resolution chosen from the potential resolutions you described and a rationale for the recommended resolution. How does this influence the provided profit/loss statement and/or other financial criteria and statements? (Reinforces C.1.3: Develop, extend, modify, or apply theories for use in business.)A discussion of future research that you could conduct relative to these issues.

You are looking at the following projects and need to decide how best to deploy an inheritance you received of $150,000. Using the information below, determine the following ratios. You may use an excel spreadsheet to complete a comprehensive review of each of the properties below. Once you have completed the ratios, you are to determine which property would be the best option. Support your answer in a report using appropriate ratios and any other relevant factors you deem necessary. • Gross Income Multiplier
• Net Income Multiplier
• Operating Ratio
• Break Even
• Debt Coverage Ratio
• Overall Cap Rate
• Equity Dividend Rate
• Cash on Cash Return
• Present Value of Cash Flows
• Net Present Value
• Profitability Index
• Investment Value
• Internal Rate of Return
Which option would you select given the following factors:
Annual Growth Rate: 4%
Required Rate of Return: 8%
Tax Rate: 15%
Equity Available: $150,000
Loan Rate: 4%
Holding Period: 12 Years
Annual Price Appreciation: 3.5% per year
*For this example, we will not consider the vacancy rate for now.

For this research paper, topics from Chapter 15 of the textbook may be chosen. You should have preselected your topic in Module 1 and had it approved by your instructor.  
Please note that all research papers will be run through Turnitin, which will provide results on both plagiarism and AI content.  Please write an original paper on a topic you have not written about before.
Your paper should incorporate five (5) full-text Articles on your approved topic and reference to FASB Codification as appropriate. Out of the five required reference articles, a minimum of two should come from business or accounting journals. (CPA Journal, Journal of Accountancy, Auditing: A Journal of Practice & Theory, The Tax Advisor, etc.). The library has subscriptions to these, and students can schedule appointments with librarians to receive help with their research if needed. Other references may include magazines (Forbes, Businessweek, The Economist, etc.), newspapers (The Wall Street Journal, Investor’s Business Daily, etc.), and online articles (investopedia.com, money.cnn.com, msn.money.com, etc.). Please limit your use of online articles (not published in hard copy) to two references. Note that Wikipedia is not an acceptable reference for this paper. The textbook will not count toward the five required references.
The research paper for this course should be written and saved as a Word document and include a minimum of 1,000 words (approximately two pages), not to exceed 1,200 words.
Please use single-spaced 12-point Times New Roman font with one-inch margins on all sides.
Center the title of your paper, followed by your name at the beginning of the first page, immediately followed by the main body of your essay. Please do not include a Title Page or Abstract for this assignment. A third page should be included for references. For citation purposes only, please follow the APA Citation Style. 

Instructions are provided in the attached files.
This assignment requires the following workbook tabs to be finished…..
Ledger Account
Income Statemet
Balance Sheet
Secondly there is a 3 page Analysis after workbook is completed. 
Double spaced in 12 point font with references.

Background
To enhance your professional expertise, you are tasked with diving into the Institute of Management Accountants (IMA), a worldwide association of accounting and financial professionals in business, government, and nonprofit organizations. This organization is recognized as a hub connecting financial professionals across diverse sectors. 
Instructions
This assignment offers a practical avenue to explore the Institute of Management Accountants (IMA’s) website, extract essential information, and craft a comprehensive three to four-page paper using Microsoft Word. Make sure to include the hyperlink of the related web page you are summarizing. 
To complete your Research Summary paper address the following:  
Who and what is the Institute of Management Accountants? 
What is the purpose (mission) of the organization? 
How is the organization structured?  (Management team, directors, etc.) 
How many members are there and, generally, where are they located? 
Identify the closest chapter to your home or place of business. 
Describe the CMA certification. 
What are some of the benefits of obtaining the CMA certification? 
What are the requirements of obtaining the CMA? 
Are there any continuing education requirements? 
What is the average salary advantage that CMAs have? 
What is your understanding of the difference between a CMA and a CPA certification? 
Length: This assignment must be 3 to 4 pages (excluding the title and reference page). 
Home | IMA (imanet.org)