Week 3 Discussion

FINA425-1201A-01 Budgeting

Assignment Name:

Unit 3 Discussion Board

Deliverable Length:

4–5 paragraphs

Details:

For this assignment, you must write 4–5 paragraphs that you will deliver to the ICBI board (discussed in the IP 3 assignment) on the need for a budget contingency plan. Please think of 2 scenarios or events that could happen in which a budget contingency plan is needed. You must answer the following:
Explain the need for a budget contingency plan
Identify two (2) events or problems that could occur in which a budget contingency plan is needed.
Add three (3) budgeting guidelines to prevent the risks or problems you identified in question #2.

Objective:

? critically appraise budgeting operational plans, cost categories and budgeting guidelines.

ACCT315-1201A-01 Intermediate Accounting I

Assignment Name:

Unit 3 Discussion Board

Deliverable Length:

3–4 paragraphs

Details:

A friend of yours works at a large corporation and listens to the stock reports regularly. Your friend asks you, “I always hear about the SEC, but I don’t really know what it does or what it regulates. Can you explain it to me?”

Explain to your friend the following:
What are companies registered with the Securities & Exchange Commission (SEC) required to include with their financial reports?
What are SEC financials required to adhere to?
What additional information is required of SEC registrants that is not required of nonregistrants?
After visiting the SEC’s Web site (www.sec.gov) and reviewing a few financial statements submitted by an SEC registrant, list the types of information you found that are required of registrants by the SEC.

The following grading criteria will apply to this assignment:

Grading Criteria

What are companies registered with the Securities & Exchange Commission (SEC) required to include with their financial reports?

20%

What are SEC financials required to adhere to be compliant?

20%

What additional information is required of SEC registrants that is not required of nonregistrants?

15%

After visiting the SEC’s Web site (www.sec.gov) and reviewing a few financial statements submitted by an SEC registrant, list the types of information you found that are required of registrants by the SEC.

15%

Comment on at least one other posting.

15%

Good format, grammar and APA.

15%

TOTAL

100%

Objective:

? Classify the assets and liabilities of a balance sheet, explain the statement of changes in stockholders’ equity, and describe the Security and Exchange Commission (SEC) integrated disclosures and the major components of an income statement, compute income from continuing operations, and report the results from discontinued operations.

ACCT311-1201A-01 Principles of Financial Accounting

Assignment Name:

Unit 3 Discussion Board

Deliverable Length:

3-4 paragraphs

Details:

Consider the following scenario:

Jim’s Music Company uses LIFO for inventory, and the company’s profits are quite high this year. The cost of inventory has been steadily rising all year, and Jim is worried about his taxes. You are Jim’s accountant and you suggested that the company make a large purchase of inventory to be received during the last week in December. You explained to Jim that this would reduce his income significantly.
Jim still doesn’t understand the logic of your suggestion. Explain how the purchase would affect taxable income. (1 paragraph)
Is this ethical? Jim is uncertain about the appropriateness of this from a legal and ethical perspective. Give your opinion and explain the ethical implications of making the purchase. (1 to 2 paragraphs)

Objective:

? Argue the time value of money concept and appraise financial accounting concepts and their origin

? Improve research, oral and written communication skills within the financial management context

? Prioritize ethical and professional business conduct

Our Essay Format
  • Times New Roman, 12 pt
  • 1 Inch Margins
  • Double/ Single Spacing
  • 275/ 550 Words Per Page
  • MLA/ APA/ Turabian/ Chicago style, etc

A standard double-spaced page contains 275 words

Free Features
  • Hiring a preferred expert
  • Bibliography & cover page
  • Revisions within 14-30 days
  • 24/7 customer support
payments

Team of Professional Essay Writers

With our essay service, you'll find an essay writer for any task. Their rating is based on previous customer reviews and successful orders. Before you hire a writer, you can familiarize yourself with their track record in detail.