Financial Accounting: Impairment

What are ‘some’ the main reasons that a company has for acquiring interests in other entities?  List at least five (5) and explain each one.

2.  Companies with ownership investments in partnerships choose one of several methods for reporting those investments, please list at least two (2) and explain them.

3.  What are the usefulness of consolidated financial statements?

4.  What are the limitations of consolidated financial statements?

Assignment Objectives

Describe the personal and professional qualities needed in the corporate work environment

Develop and present a career plan and professional portfolio

Explain current theories and developments in professional business development

Analyze changes in the labour market relative to skills needed by employers

Evaluate the role of lifelong learning and continuous professional development in career outcomes

Evaluate personal career readiness, decision-making, and self-marketing skills.

Develop a professional job search strategy incorporating research of companies or industries

 Discussion Board

Unit:  The Career Decision

 A substantial and intellectual discussion is required

This is a BBA in Business Administration as well as a BBA in Healthcare Management

This MUST be Plagiarism Free! All References & Citing’s if Need Be!

Find a listing of expenses by diagnosis or by procedure. The source of the list can be internal (within a healthcare facility of some type) or external (such as a published article, report or survey). Comment upon whether you believe the expense grouping used is appropriate. Would you have grouped the expenses in another way? 

Assignment 2: Discussion—Planet, People, Profit—Global Perspective

Corporate Social Responsibility (CSR) has gained in importance over the last decade. Companies are not only evaluated based on their financials, but also based on their activities related to the society in which they operate and the consequences of their operations on the environment.

Using the Argosy University online library resources, select an MNC that was recently recognized for its high CSR standards and practices, and an MNC recently involved in a social, environmental, or ethical dispute.

Next, do the following:

• Describe the practices of the MNC recognized for high CSR standards.
• Contrast its practices with those of the company that was identified as having poor CSR practices.
• Evaluate practices and consequences of both companies as related to CSR.

Beginning Wednesday, March 2, 2016, post your responses to the appropriate Discussion Area. Through Sunday, March 6, 2016, comment on at least two of your peers’ responses.

Write your initial response in 300–500 words. Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, and punctuation

Do the following when responding to your peers:

• Read your peers’ answers.
• Provide substantive comments by
  • contributing new, relevant information from course readings, Web sites, or other sources;
  • building on the remarks or questions of others; or
  • sharing practical examples of key concepts from your professional or personal experiences
• Respond to feedback on your posting and provide feedback to other students on their ideas.
• Make sure your writing
  • is clear, concise, and organized;
  • demonstrates ethical scholarship in accurate representation and attribution of sources; and
  • displays accurate spelling, grammar, and punctuation.

Grading Criteria

What are the efficiency ratios, and what do they measure?  Why, for some firms, is the total asset turnover more important than the fixed asset turnover?

List the profitability ratios and explain how they are related.

List the leverage ratios and explain how they are related.

What are common-size, or standardized, financial statements, and how are they prepared.

Why does it make sense to standardize financial statements?

List three ways a financial manager can choose a benchmark?

I need Power Point prestation 4 slides on Accounts Payable & Receivable and 

1. Blue Link ERP Software
2. The following types of licenses apply to any original work of authorship.
3. Question 4 options:

Unit VI Case Study

For this assignment, read the case study, “Crocs: Revolutionizing an Industry’s Supply Chain Model for Competitive Advantage” on pages 492-503 of your textbook.

Once you have read and reviewed the case scenario, respond to the following questions with thorough explanations and well-supported rationale:

1. What are Crocs’ core competencies?

2. How do they exploit these competencies in the future? Consider the following alternatives: a. further vertical integration into materials, b. growth by acquisition, and c. growth by product extension.

3. To what degree do the alternatives in question two fit the company’s core competencies, and to what degree do they defocus the company away from its core competencies?

4. How should Crocs plan its production and inventory? How do the company’s gross margins affect this decision?

Your response must be a minimum of three pages

Matt Holmes recently joined Klax Company as a staff accountant in the controller’s office. Klax Company provides warehousing services for companies in several midwestern cities.

The location in Dubuque, Iowa, has not been performing well due to increased competition and the loss of several customers that have recently gone out of business. Matt’s department manager suspects that the plant and equipment may be impaired and wonders whether those assets should be written down. Given the company’s prior success, this issue has never arisen in the past, and Matt has been asked to conduct some research on this issue.

Quoting FASB Codification, please answer the following questions

(a) What is the authoritative guidance for asset impairments? Briefly discuss the scope of the standard (i.e., explain the types of transactions to which the standard applies). (b) Give several examples of events that would cause an asset to be tested for impairment. Does it appear that lax should perform an impairment test? Explain. (c)What is the best evidence of fair value? Describe alternate methods of estimating fair value.

Refuting an opponent’s position involves providing that claim is absolutely false. True
False

The activity variance for revenue is favorable if the actual revenue for the period exceeds the revenue in the static planning budget. True or False . . .

Specifically, how will you use Financial Decision-Making tools and concepts in your professional and personal life. You must bispecific. Discuss a specific career occupation. You must discuss each concept specifically. You must demonstrate with numbers the use of each tool. . ..

Periodic, Fundraising and Continuous disclosure obligations for Directors in a publicly listed company

Outline the main Periodic, Fundraising and Continuous disclosure obligations for Directors in a publicly listed company

Assessment item 2: Research Assignment
Objective(s): Link to Objectives:
Using knowledge to report on corporate legal issues
Link to Graduate Attributes:
Legal Research and
Technological Literacy,
Spoken and Written
Communication
Weight: 30%
Due: Please submit to your lecturer/tutor in your first designated class in the first week back after the
mid semester break.
Length: 2,200 words
Task: This written assignment is worth 30% of the subject marks.
Outline the main Periodic, Fundraising and Continuous disclosure obligations for Directors in a
publicly listed company.
Discuss the ramifications for Directors of the 2 recent cases ASIC v Healey [2001] FCA 717 and
ASIC v Fortescue Metals Group Ltd [2011] FCAFC 19.

&nabs;

completed during the year. 4. Job Nos. 7638, 7639, and 7641 were sold on account for $588,300. 5. Manufacturing overhead incurred on account totaled $133,200. 6. Other manufacturing overhead consisted of indirect materials $15,540, indirect labor $19,980, and depreciation on factory machinery $8,880. . ..

Scenario: You have been asked to assist your organization’s marketing department to better understand how consumers make economic decisions.

Explain the objectives and characteristics of an internal accounting system. Include an explanation of the importance of this information to the company. Include an explanation of ethics in business and the managerial accountant’s role in upholding the code of ethics.

Your client is a new partnership, ARP Associates, which is an engineering consulting firm. Generally, ARP bills clients for services at the end of each month. Client billings are about $50,000 each month. On average, it takes 45 days to collect the receivables. ARP’s expenses are primarily for salary and rent. Salaries are paid on the last day of each month, and rent is paid on the first day of each month. The partnership has a line of credit with a bank, which requires monthly financial statements. These must be prepared using the accrual method. ARP’s managing partner, Amanda Sims, has suggested that the firm should also use the accrual method for tax purposes and thus reduce accounting fees by $600. Assume that the partners are in the 35% (combined Federal and state) marginal tax bracket. Write a letter to your client explaining why you believe it would be worthwhile for ARP to file its tax return on the cash basis even though its financial statements are prepared on the accrual basis. ARP’s address is 100 James Tower, Denver, CO 80208.