Accounting Thesis Questions

B. Your task

• You are required to conduct a literature review of a topic area of your choice within this unit.

TOPIC: Income smoothing and Corporate Governance

· Each student is required to review five academic journal papers and prepare a report based on your review.

FIVE Academic Journal Papers:

1. Corporate governance and income smoothing in China

2. The impact of corporate governance mechanisms on EU banks’ income smoothing behavior

3. Corporate governance and performance of financial institutions

4. Income smoothing among European systemic and non-systemic banks

5. Accounting Income Smoothing, Hedging and Corporate Governance

Forensic accounting is a special area of accounting, which deals with the investigation of fraudulent activities within financial systems of any country. The services associated with this type of accounting are designed to enable attorneys and their clients to resolve financial disputes and be able to clearly and concisely communicate financial information in the courtroom (AL Abdullah, Alfadhl, Alfadhl & Rabi, 2013). Therefore, forensic accounting is one of the critical areas of accounting, which are fundamental in enhancing the success of corporate firms (Williams, 2014). Many international financial institutions have been facing financial challenges in the 21^st century due to mismanaged planning that has resulted in further financial crises (Dada, Owolabi & Okwu, 2013). Some of these financial institutions have experienced various forms of corruption and other fraudulent activities that have gone unnoticed.

The research Topic is:

The problems facing the Forensic accountants and its impact on their performance in court

i want you to write Literature Review about this topic ,9 studies related to the problem facing forensic accountant in the court

please make sure the study new from 2014 or 2013 it’s okay if you find study related to this topic older one

make sure it’s talks about problem related to the forensic accountant in court like with judges or problem with lawyers or with the low it’s self

In an application to the Administrative Appeals Tribunal or an appeal to the Federal Court, the taxpayer has the burden of proving that an assessment is excessive or otherwise incorrect and what the assessment should have been (see sections 14ZZK and 14ZZO of the Taxation Administration Act 1953 (CT)).Explain the burden of proof and what the taxpayer must do to discharge it by reference to case law and the rules of evidence (as applicable).

Entries and schedules for unfinished jobs and completed jobs

Tybee Industries Inc. uses a job order cost system. The following data summarize the operations related to production for January 2016, the first month of operations:

a. Materials purchased on account, $29,800.

b. Materials requisitioned and factory labor used:

c. Factory overhead costs incurred on account, $5,500.

d. Depreciation of machinery and equipment, $1,980.

e. The factory overhead rate is $54 per machine hour. Machine hours used:

f. Jobs completed: 301, 302, 303 and 305.

g. Jobs were shipped and customers were billed as follows: Job 301, $8,250; Job 302,

$11,200; Job 303, $15,000.

Instructions

1. Journalize the entries to record the summarized operations.

2. Post the appropriate entries to T accounts for Work in Process and Finished Goods, using the identifying letters as transaction codes. Insert memo account balances as of the end of the month.

3. Prepare a schedule of unfinished jobs to support the balance in the work in process account.

4. Prepare a schedule of completed jobs on hand to support the balance in the finished goods account

Rewrite the following sentences, making them shorter and more concise while maintaining their main points: a. For good reasons, the secretary may grant extensions of time in 30-day increments for filing of the lease and all required bonds, provided that additional extensions

Explain why a firm facing a negatively sloped demand curve would never produce in the inelastic portion of demand curve???

Dylan Howell and demons’ nickels have decided to form a partnership. they have agreed that Howell is to invest $50,000 and that nickels is to invest $75,000. Howell is to devote full time to the business and nickels is to devote one half time. the following plans for the division of income are being considered

Accounting ratios are mere guides but more reliance on them in decision making is suicidal

Society club question. There are 5 question about society club. The question required income and expenditure account. Balance sheet. Accumulated fund account.

Society club question. There are 5 question about society club. The question required income and expenditure account. Balance sheet. Accumulated fund account.

1. You are provided with the financial reports (2-year balance sheet and current year profit and loss in as a as a Microsoft® Excel) along with the supplemental information that provides the details required to prepare a tax return for your new tax client – Phoenix Medical, Inc.

2. Fill out pages 1 through 5 of Form 1120 – US Corporation Income Tax Return. Include as many details as you can. Utilize the PDF Form 1120 provided and consult the form instructions where needed.

3. Upload the completed tax return to the assignment tab.

High-tax Engineering Company Limited wishes to set flexible budgets for each of its operating departments. A separate maintenance department performs all routine and major repair works on the company’s equipment and facilities. The company has determined that maintenance department performs all routine and major repair works on the company’s equipment and facilities. The company has determined that maintenance cost is primarily a function of machine hours worked in the various production departments.

The maintenance cost incurred and the actual machine hours worked during the months of January, February, March and April 2003 were as follows:

Required:

a) Determine the cost estimation function using:

i High-low method. (2 marks)

ii Regression analysis (2 marks)

b) Using the regression function estimate:

The maintenance costs that would have been incurred if the machine hours were expected to be 900 in the month of May 2003.

The banquet manager in (d) above has already calculated that the other items included in this banquet menu will have increased in cost in six months from $2.00 to $2.11. What should the sales price per person be for this banquet if the desired cost percentage is 40 percent?

Sold merchandise on MasterCard, $108,000. The cost of the merchandise sold was $64,800

A brief overview of the standard IAS40: investment property-positive international critique with respect to the standard (perceived strength)-Negative international critique with respect to the standard (perceived weakness)-A summary of international recommendations as how the standard can be improved