Accounting

ACL and Teammate software  http://www.acl.com/ http://www.teammatesolutions.com/home.aspx describe the purpose of the audit software and describe its capabilities.  Provide at least two examples of how companies have used the software as it relates to audit capacity.  Discuss the benefits of using the software.  Discuss disadvantages from using the software if any.

You are required to appraise and discuss the relationship between health care costs and health care outcomes placing those within the context of the political environment in the U.S.

In Discussion Forum 4, post your response to the following discussion activity. Reply to at least two classmates’ responses by the date indicated in the Course Calendar. Note: The discussion activity is based on Case 22.1, Allocating Fixed Costs to Responsibility Centers, on page 990 in the textbook. Read the case information given below, and then follow the instructions for completing the discussion activity. Case 22.1, Allocating Fixed Costs to Responsibility Centers You have just been hired as the controller of Land’s End Hotel. The hotel prepares monthly responsibility income statements in which all fixed costs are allocated among the various profit centers in the hotel, based on the relative amounts of revenue generated by each profit center. Robert Chamberlain, manager of the hotel dining room, argues that this approach understates the profitability of his department. “Through developing a reputation as a fine restaurant, the dining room has significantly increased its revenue. Yet the more revenue we earn, the larger the percentage of the hotel’s operating costs that are charged against our department. Also, whenever vacancies go up, rental revenue goes down, and the dining room is charged with a still greater percentage of overall operating costs. Our strong performance is concealed by poor performance in departments responsible for keeping occupancy rates up.” Chamberlain suggests that fixed costs relating to the hotel should be allocated among the profit centers based on the number of square feet occupied by each department. Debra Mettenburg, manager of the Sunset Lounge, objects to Chamberlain’s proposal. She points out that the lounge is very big, because it is designed for hotel guests to read, relax, and watch the sunset. Although the lounge does serve drinks, the revenue earned in the lounge is small in relation to its square footage. Many guests just come to the lounge for the free hors d’oeuvres and don’t even order a drink. Chamberlain’s proposal would cause the lounge to appear unprofitable; yet a hotel must have some “open space” for its guests to sit and relax. In Discussion Forum 4, post your response to the following questions. Please title your posting “Case 22.1/[Your Name].” Read and comment on your classmates’ postings. Separately evaluate the points raised by each of the two managers. Suggest your own approach to allocating the hotel’s fixed costs among the various profit centers.

Instructions Multicultural Team This course has major project assignments due in Week 3 and Week 5. It will take more than a week’s effort to adequately complete them. Plan time to start the research and work on those assignments earlier than the week in which they are due. Recently, you have been assigned the task of assembling a multicultural, team in your organization. The purpose of the team is to design and implement a leadership development and succession process for the organization.  Based on research using the course text and other scholarly materials: Analyze the stages of group development the teams should expect to experience. At each stage, make recommendations that will help move the team into the next stage. Multicultural project teams often face problems with communication, expectations, and values. How do you think some of these challenges can be overcome? Explain some of the group decision-making challenges the team may experience and recommend ways to overcome them. Discuss at least three recommendations to help make these teams effective.

Summarize this website and write a one page paper on the website. https://nimbleproperty.net/blog/2020/01/23/what-is-hotel-accounting-why-is-it-important/

Audit Planning and Control It is common industry knowledge that an audit plan provides the specific guidelines auditors must follow when conducting an external audit. External public accounting firms conduct external audits to ensure outside stakeholders that the company’s financial statements are prepared in accordance with generally accepted accounting principles (GAAP) or International Financial Reporting Standards (IFRS).  Use the Internet to select a public company that appeals to you. Imagine that you are a senior partner in a public accounting firm hired to complete an audit for the chosen public company. Write a 4–6 page paper in which you: 1.      Outline the critical steps inherent in planning an audit and designing an effective audit program. Based upon the type of company selected, provide specific details of the actions that the company should undertake during planning and designing the audit program. 2.      Examine at least two performance ratios that you would use in order to determine which analytical tests to perform. Identify the accounts that you would test, and select at least three analytical procedures that you would use in your audit. 3.      Analyze the balance sheet and income statement of the company that you have selected and outline your method for evidence collection which should include, but not be limited to, the type of evidence to collect and the manner in which you would determine the sufficiency of the evidence. 4.      Discuss the audit risk model and ascertain which sampling or non-sampling techniques you would use in order to establish your preliminary judgment about materiality. Justify your response. 5.      Assuming that the end result is an unqualified audit report, outline the primary responsibilities of the audit firm after it issues the report in question. 6.      Use at least two quality academic resources in this assignment. Note: Wikipedia and other similar websites do not qualify as academic resources. Your assignment must follow these formatting requirements: ·        Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow SWS or school-specific format. Check with your professor for any additional instructions. ·        Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

You will produce a research paper between 8–10 pages on a topic pertaining to Accounting Information Systems. A title page in 7th edition APA, running head, abstract, and reference list must be included with the paper. This paper must contain at least 8 sources. Submit this assignment through the Assignment submission link in the assigned module/week in order for it to be checked for plagiarism.

This assignment is adapted from CT9-4, A, B, and C in Survey of Accounting.) Conduct research and compare two companies’ financial statements using the process specified below and write a 750-1,000-word report that provides an evaluation of the liquidity, solvency, and profitability for each company, relative to each other and to industry averages. Choose a pair of two competing companies from the following list: Coca-Cola and PepsiCo, Home Depot and Lowe’s, Walmart and Target, or Nike and Adidas. Go to the address: https://www.msn.com/en-us/money Type in the first company’s stock symbol or name. (Use “symbol lookup.”) Under the “Fundamentals” heading, use the Growth, Profitability, Financial Health, Price Ratios, and Management Effectiveness tabs to complete this assignment. Enter the second company’s stock symbol or name, and repeat the process. Be sure to cite three to five relevant sources in support of your content. Utilize the GCU Library and external sources for your research. Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required. This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion. You are required to submit this assignment to LopesWrite. Refer to the LopesWrite Technical Support articles for assistance. Benchmark Information This benchmark assignment assesses the following programmatic competencies: BS Applied Management 1.2: Utilize financial statements to measure the fiscal performance of an organization.

For this assignment, begin by reviewing the Brief Case #1 in the Weekly Resources and Assignments.   Jackson Enterprises does business in the United States and Venezuela. The Venezuela facility is located in Mariara, and the Mayor of the city is Diego Ledezma. Review the summary table, and assume this is the result of your data analytics examination related to the A/P vendor disbursements. The annual disbursements are greater than $400,000. After evaluating the data provided, be sure to address the following: What is the TI Corruption Index for Venezuela? Why is the TI Corruption Index useful in this case? Given this fact pattern, identify any anomalies that might be consistent with a red flag associated with FCPA, if any, and describe your rationale. If the company’s owners were considering transferring parts of the operation to the UK, what concerns if any, would you discuss? Length: 6-7 pages References: Include a minimum of 5 scholarly resources

explain the difference between the cash basis and the accrual basis of accounting? Why is the accrual basis of accounting generally preferred over the cash basis?