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Basic Accounting Principles, 2004.
An overview of basic accounting priniciples.
1,350 words (approx. 5.4 pages), 2 sources, MLA, $ 47.95
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Abstract
This paper focuses on some basic accounting priniciples. It also discusses the relationship of the Security and Exchange Commission, the Financial Accounting Standards Board and the Public Company Accounting Oversight Board.
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Forensic Accounting, 2005.
A look at how forensic accountants assess possible managerial fraud.
675 words (approx. 2.7 pages), 6 sources, MLA, $ 23.95
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Abstract
This paper addresses what forensic accountants look for in ferreting out who is committing managerial fraud and how. It discusses how auditing relies on tests of controls, risk analysis and sampling to make an honest assessment.
From the Paper
"As much as CPA's hate to admit it, auditing is an art not a science. It simply is not cost effective to verify every assertion in a set of financial statements with certainty. Instead, auditing relies on tests of controls, risk analysis and sampling to give the reasonable assurance that a set of financial statements are fairly presented in accordance with the applicable accounting standards. When that reasonable assurance is found to be misplaced, forensic accountants are called in. The definition of forensic accounting according..."
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Recognizing Revenue and Expenses, 2004.
A discussion of the best revenue recognition methods for a particular company.
678 words (approx. 2.7 pages), 4 sources, MLA, $ 23.95
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Abstract
This paper explains to a manufacturing company how each of the following recommendations for recognizing revenue and expenses will assist the organization in meeting its goals. The paper also explains why alternative revenue recognition methods were not chosen.
1) Revenue Recognition Methods
2) Expensing Recognition Methods
3) Expensing of Stock Options
From the Paper
"There are two different ways to recognize revenues. One way is the accrual accounting method. The other way to recognize revenues involves cash basis accounting. Al Rosen writes, in "Canadian Business", that under the accrual basis for accounting, revenue is recognized when either or both of the following conditions are met: the revenue is substantially earned or the revenue is realized or realizable. In other words, revenue is earned when products are delivered or services are provided. Under the accrual basis for accounting expenses must be..."
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Accounting Project, 2004.
A look at the financial health of American domestic airline company, Southwest Airlines.
904 words (approx. 3.6 pages), 4 sources, MLA, $ 31.95
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Abstract
This accounting paper analyzes and comments on the financial health of Southwest Airlines. It comments on earnings per share, its overall financial position, its capital structure and leverage, the short-term and long-term strategy of the company. The paper also presents an evaluation of the company's overall value.
From the Paper
"Southwest Airlines Co. is a domestic airline that provides predominantly short, haul high frequency, point-to-point, low-fare passenger airline service in the United States. Southwest Airlines has a number of internal strengths. Southwest is the largest airline in the United States based on total passengers and total passenger miles flown. Whatever Southwest may lack in amenities for frequent business travelers, it makes up in lower fares, convenient schedules and direct or point to point travel itineraries. An article in marketing suggests that there is likely..."
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Financial Statements, 2004.
Describes three types of financial statements and then poses financial questions about three major businesses.
1,356 words (approx. 5.4 pages), 3 sources, MLA, $ 47.95
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Abstract
This paper describes the balance sheet, the income statement and the statement of cash flows. It examines three companies, Exxon Mobil, Ford Motor Company and Microsoft, and asks and answers questions about their financial condition and future prospects
From the Paper
"A Balance Statement is a financial statement showing assets, liabilities and net worth at a specific time. Under generally accepted accounting principles (GAAP) the following rules apply to the creation of balance sheets: assets are to be defined as items of value both tangible and intangible that a company owns or controls; liabilities are debt sowed by an organization; equity is a residual account; equity equals assets minus liabilities; current assets are assets that will become cash in the ordinary course of business within one year..."
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Steinway: Case Study, 2004.
A look at a better method for determining manufacturing costs for the famous piano-maker company, Steinway.
678 words (approx. 2.7 pages), 0 sources, MLA, $ 23.95
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Abstract
This paper suggests ways in which notable piano-maker, Steinway, could benefit from activity-based costing instead of traditional cost accounting methods.
From the Paper
"In traditional cost accounting, all manufacturing costs are assigned to products while non-manufacturing costs, general administrative costs, sales and marketing costs etc., are grouped into overhead which are then allocated out to products based on either labor hours or machine hours. While this system is simple, it has inherent flaws, most significant of which include the inability to determine the true cost of producing and supporting a product. This inability in turn can lead to poor strategic decisions as some products that appear profitable by traditional cost accounting..."
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School Budgeting, 2005.
An overview of different budgeting methods for schools.
900 words (approx. 3.6 pages), 3 sources, APA, $ 31.95
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Abstract
This paper looks at budgeting for schools, giving an overview of different methods, and how it should be approached. The paper explains the main purpose of budget development and its relation to overall management of the school.
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A Global Business Plan, 2004.
This paper is a global business plan including a budget and financial overview, a financial analysis in terms of currency risk management and financing.
2,025 words (approx. 8.1 pages), 2 sources, APA, $ 71.95
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Abstract
This paper discusses what financial organizations and resources would be used to achieve global expansion and evaluates the financial health of the UK. The author determines potential domestic and international sources of financing for project, establishes the investment levels within assumed time-frame, estimates budget percentages and relates profits and repatriation of funds. The paper outlines a most favorable financial structure.
From the Paper
"Determining the financial health of the United Kingdom, according to the "CIA World Factbook", the U. K., a leading trading power and financial center, is one of the quarter of trillion dollar economies of Western Europe. Over the past two decades, the government has greatly reduced public ownership and contained the growth of social welfare programs. Agriculture is intensive highly mechanized and efficient by European standards producing about .... of food needs with only .... of the labor force."
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Capital Management, 2004.
This paper relates the importance of cash flow management.
2,938 words (approx. 11.8 pages), 9 sources, APA, $ 103.95
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Abstract
This paper explains the process of cash flow management. The author discusses the proactive role that the company treasurer can take in managing the credit and collection function. The paper describes the job of various employees in financial management.
From the Paper
"According to Lucy Reuben writing in "Black Collegian" every organization, private or public, large or small, depends upon a management team that generates cash inflows sufficient to cover required cash outlays. Corporate financial management covers a diverse range of responsibilities related to the procurement and use of cash flows. These responsibilities are generally divided between a treasurer and a controller who both report to the vice-president of finance. The controller handles issues such as capital budgeting profit and loss analysis and working capital management. The treasurer's side ..."
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Case Study: Diversico Management Consulting, Inc., 2005.
This paper discusses the case of Diversico Management Consulting, Inc..
675 words (approx. 2.7 pages), 0 sources, APA, $ 23.95
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Abstract
This paper evaluates the advisability of employing someone for the position of Accounts Manager in the cases study of Diversico Management Consulting, Inc.. The author points out that the stated objective for this case is to justify the capacity of the Company to fund the salary for the new Accounts Manager position through more effective use of the Company's current assets.
From the Paper
"A proposal has been made at Diversico Management Consulting Inc to employ a person for the new position of Accounts Manager. The annual salary cost for the Accounts Manager position is projected to be ... . Before a person can be employed for the position of Accounts Manager, the company president has demands that the Accounting Department at Diversico Management Consulting, Inc. provide evidence that the Company can afford to pay an additional per year in salary for the new position. The stated objective for ..."
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The Sarbanes-Oxley Act, 2005.
This paper reviews the major provisions of the Sarbanes-Oxley Act.
1,350 words (approx. 5.4 pages), 6 sources, APA, $ 47.95
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Abstract
This paper discusses that the Sarbanes-Oxley Act of 2002 was enacted to protect investors. The author points out the advantages and disadvantages of the Act. The paper relates its implications and ethical considerations.
From the Paper
"The Sarbanes-Oxley Act of is a piece of legislation enacted in July ... with the intent to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to the securities laws. Specifically, this act comprises titles with multiple sections within each title, the major provisions include the certification of financial statements by CEOs and CFOs, prohibition of personal loans to officers and directors, rapid reporting of legal inside trades, public reporting of CEO and CFO compensation, whistleblower provisions and protections, significantly longer jail sentences and larger .."
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Stocks and bonds, 2005.
This paper discusses issue of the difficulty of valuating stocks and bonds.
675 words (approx. 2.7 pages), 1 source, APA, $ 23.95
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Abstract
This paper relates the characteristics of stocks that make them difficult to value. The author points out the characteristics of bonds that allow for a more precise valuation. The paper explains the terms involved in a discussion of long-term bonds.
From the Paper
"Stocks are difficult to value; to some extent their value is subjective. The value relates to the perceived strength of the company as measured by its financial condition management expertise distribution network market reputation effectiveness of its advertising campaign strength or weakness of its competitors product mix patents owned and future prospects. Most of these factors are highly subjective in nature and the way in which one investor views the combination of factors that go into determining the value of a ..."
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Capital Leasing, 2005.
This paper addresses under what circumstances is a capital lease a better alternative than buying an asset.
675 words (approx. 2.7 pages), 2 sources, APA, $ 23.95
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Abstract
This paper explains how a capital lease and buying an asset work. The author points out the differences between the two methods.
From the Paper
" According to Warren Fees in his book "Accounting", a lease is a contract for the use of an asset for a stated or fixed period of time. The two parties to a lease are the lessor and the lessee. The lessor is the party that owns the asset. The lessee is the party to whom the right to control and used the asset are granted by the lessor. In return the lessee is obligated to make periodic payments to ..."
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Auditing, 2005.
This paper describes the importance of internal control programs in the process of auditing.
900 words (approx. 3.6 pages), 3 sources, APA, $ 31.95
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Abstract
This paper identifies effective internal control techniques used in conducting an audit. The author points out the relationship between ethics and internal control techniques. The paper discusses the importance of the Sarbanes-Oxley Act.
From the Paper
"There are a number of objectives in conducting an audit. One of the most important involves determining whether the organization's overall internal control system and management controls are adequate effective and efficient. This is necessary to understand the reliability and adequacy of the accounting financial and reporting systems and procedures. The importance of internal control programs involves a number of interrelated factors. One is to determine the extent to which the organization's assets are safeguarded from losses theft embezzlement and misappropriation. An effective internal control procedure will help ..."
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The Internal Accounting Consultancy Model, 2004.
This paper discusses the use of the internal accounting consultancy model at Marmon, a privately held company.
675 words (approx. 2.7 pages), 1 source, APA, $ 23.95
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Abstract
This paper explores the kind of background and knowledge an accountant requires to be an effective internal consultant. The author explains that data gathered by accountants is not only used internally but also externally. The paper relates the ways in which information gathered by accountants at Marmon and other corporations is used by individuals and organizations outside of the company.
From the Paper
"There is still a role for external consultants as they provide flexible resource of manpower and specialist expertise that an organization often lacks. Internal consulting offers a new model for many highly skilled accountants whose abilities are under-utilized. A common failure of internal auditors becoming internal consultants is that the company and the consultants both expect their job duties to be driven by functional department manager they are assisting. However, successful consulting demands a proactive approach where the relationship is between equals. Consultants often must challenge the d
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Accounting for Goodwill, 2004.
This paper discusses the proper accounting treatment for goodwill under GAAP.
900 words (approx. 3.6 pages), 3 sources, APA, $ 31.95
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Abstract
This paper discusses the proper accounting treatment for goodwill under GAAP, and specifically under the Financial Accounting Standards Board's FASB 142. The author addresses the views of the FASB as well as the SEC and the AICPA about this new method of accounting for intangible assets. The paper states that goodwill and other intangible assets may no longer be amortized over a specified hypothetical useful life or using straight line amortization.
From the Paper
"The Financial Accounting Standards Board FASB statement on goodwill and other intangible assets addresses how intangible assets that are acquired individually or with a group of other assets should be accounted for in the acquiring company's financial statements subsequent to their initial recognition. Under FAS, goodwill and certain intangible assets will no longer be amortized over a specified hypothetical useful life. In addition, goodwill and other intangible assets will no longer be amortized using straight line amortization meaning the amount of amortization will probably not be ..."
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The Enron Case, 2004.
This paper reviews a journal article about the Enron case.
900 words (approx. 3.6 pages), 3 sources, APA, $ 31.95
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Abstract
This paper discusses the importance of organizational ethics. The author points out the difference between ethical principles and ethical rules. The paper relates the effect of moral development and auditor independence and applies the relevancy of the article to the writer's organization.
From the Paper
"The Enron case was a daily staple of television news for several weeks in ... . The Enron-story both started earlier and lasted longer in the print media. Further the ethical and accounting scandal that involved Enron was a corporate disease that spread far beyond the confines of Enron. In the summer of ..., however, one only infrequently hears about Enron in media reports and even less is heard about ethical accounting practices The reasons for ... "
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Accounting in the Oil and Gas Industry, 2004.
This paper discusses financial accounting for the oil and gas industry in the Middle East.
4,972 words (approx. 19.9 pages), 8 sources, APA, $ 135.95
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Abstract
This paper reviews the oil and gas industry in the Middle East, specifically Oman. The author applies accounting for the industry.
From the Paper
"The focus of this paper is financial accounting for the oil and gas industry. While accounting in the oil and gas industry generally is discussed in this paper where appropriate and feasible certain perspectives are provides added emphasis. The first of these perspective sis the Sultanate of Oman. Where conditions or characteristics of either the oil and gas industry or the application of financial accounting in that industry differs markedly between the general industry and the industry in Oman such variations are identified ..."
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