To continue growth and remain competitive in the global market, Henry Inc., should expand its business into Canada. The country is financially stable with positive business trends and trade agreements with the U.S. Oil and energy competitors of Henry Inc. in Canada are doing very well due to the high demand for oil and energy products. Henry Inc. can compete with them in the United States, I am confident that Henry Inc. will be able to compete with them in the Canadian market. The research I have done for this report indicates the expansion will be profitable because Canada’s economy is growing and will continue to grow in the following years.…
1. Why did Congress enact the Sarbanes-Oxley Act? What are the major provisions and benefits of the Act? Congress enacted the Sarbanes-Oxley Act in order to protect investors. This was done by improving the accuracy and reliability of corporate disclosures made by in accordance with the securities laws.…
On 10/10/2015, at approximately 0243 hours, your affiant was on routine patrol in a marked patrol vehicle. Your affiant observed a red Ford pick-up truck travelling west in the 700 block of West Centre street (State Route 54). The truck had numerous cracks throughout the entire length of the windshield impairing the operator's visibility. The truck turned right into the parking lot of Boyer's Market. The operator stopped the truck next to vacant parking stales and was blocking the travel lane.…
Not many cases are reviewed by the Supreme Court, but those that do often pertain to the Incorporation Doctrine, a unique concept that has many reeling with contradicting opinions. One in particular dealt with a certain amendment which, to this day, is only partially incorporated into this said concept. Benton v. Maryland was a Supreme Court decision that included the Fourteenth Amendment, often referred to as the Incorporation Doctrine. The case included a man named John Benton, and in 1965, Benton was in a state court of Maryland, facing trial for burglary and larceny. The State Court established that he was “innocent of larceny” (Benton v. Maryland - Significance) but guilty if burglary.…
The reporting party (RP) she received a call from her son foster youth Omari Nairobi Brown DOB: 8/7/99 on 2/15/17. Omar disclosed he was attacked by two staff members. According to Omari on 2/12/17 he was asked to give up his tablet and he refused. He stated on staff member restrained him by the neck to prevent him from getting up causing his neck to become sore. While the RP was speaking with Omari on the telephone, she could hear a staff member yelling at him to get off the phone in order to complete his chores.…
(TCO F) Answer completely all of the following questions: Why do state and local governments go into debt? What is a municipal bond? How does a municipal bond differ from a corporate bond? What is Net Interest Cost (NIC) and how does it differ from True Interest Cost (TIC)?…
Essay Question 1— Sarah and John have filed timely tax returns for the tax years 2010-2015 as married filing jointly. In November 2016, Sarah has engaged me for some tax advice. She tells me that in January 2014, she discovered that her husband was running an illegal side business and that he has intentionally not reported the extra income on any of his tax returns. She is scared because they have received a notice that the IRS will audit their 2015 return. She wants to know how far they can go back and audit, and if she can get any relief for not knowing about the illegal ops.…
The Phoenix Suns organization will be conducting a financial audit throughout the organization. This audit will be conducted by Deloitte. Deloitte is an independent auditing firm specializing in the sport industry. This firm provides financial services in accounting, process improvement, data analytics and risk advisory (Deloitte, 2016). The financial audit will cover the records of the Phoenix Suns’ previous seven fiscal years.…
There is an important relationship between government and markets, with the government playing an essential role in a market economy. The government has three general market functions: market creation, market protection, and market adjustment. The Pay Ratio Disclosure Rule is justified under both the market protection and the market adjustment functions of government, which are discussed in more detail below. Both of these functions help the SEC and federal securities laws achieve their mission and purpose of ensuring efficient and fair capital markets. A. Efficient Capital Markets, the SEC, and Federal Securities Laws Before defending the Pay Ratio Disclosure Rule under the government’s market protection and market adjustment functions,…
Week Four: Strategic Financial Planning Post by Day 4 a brief description of the government or non-profit organization you selected. Then, explain the internal and external factors that might impede the development of a successful financial strategic plan. Provide examples of at least two internal factors and one external factor, and explain how they could impact the organization. Then, identify how these obstacles may be overcome. Introduction…
Apple is a Public Limited Company, found by Steve Jobs and Steve Wozniak in 1976, which design, develop and sell their goods worldwide and operate in telecom and technology industry. Their headquarters are located in Cupertino, California, USA Apple, being a successful technology and telecom company in the secondary sector who have lots of capital, have chosen to be a Public Limited Company because companies usually become public because they get more capital by selling their shares to shareholders, who own parts of the company. They are also able to get limited liability, which is an advantage where if the company goes bankrupt or fails, the owners will not be fully liable to debt. They’re also able to have continuity, which helps improve…
Abstract This paper describes two different employees at two different levels of their career field and what ethical dilemma they each fall. The ethical dilemmas, however, are different in their definitions due to the circumstances of each employee at different levels of current career at the time. Fraedrich, Ferrell, and Ferrell (2011) portray the baseline of the employees and their relationship with one another at Aker & Aker Accounting (A&A).…
a. What is accounting and how does it help you manage your personal finance? b. Describe the three products of accounting and bookkeeping procedures that are most useful in personal financial planning. C. How could personal financial software assist you in your personal financial decisions? Accounting is one of those tools that make complex things like a huge sum and its breaking down through somehow diverse and seemingly unrelated activities look relatively easy to grasp to us as we strive to follow it basics principles before we get to its most difficult parts as people who stepped on the earth centuries before tried to do and as our descendants will testify about us and just as like we are doing right now . Investopedia defines accounting…
Financial Accounting and Managerial Accounting Financial accounting and managerial accounting are both used to deliver facts about the organization to a decision maker. Managerial accounting is often mentioned as “cost accounting”. This is the method of categorizing, calculating, investigating, understanding, and connecting data for determining the businesses goals. Managerial accounting and financial accounting vary in significant ways, managerial accounting is designed to assist managers in the business to make assessments, and financial accounting gives information to outside groups (“Managerial Accounting Definition | Investopedia,” n.d.).…
Upon the completion of this course I have come across topics that have interested me and increased my knowledge especially in the financial and accounting aspect. This course has introduced me to understanding the relationship between financial and accounting in making an effective strategic decision. In as much they sound alike they are different and used in different purposes, both accounts are important to the business but are used for different purposes. Financial statements are requirement for any organisation and are published at the end of a financial period for its stakeholder, shareholder and customers to see, they show reports of performance on a historic basis and what has been achieved over the years. At the time the statement is…