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A. Be aware of where you want to end up in 1. First of all you should be specific. And by specific I mean, develop a list of companies you would like to apply for, this means, don’t just go and say you would like to work as a journalist or you want to be a business man. The most important thing is to put in mind the name of the company you want to work for and keep it there. 2. Know your strength, in which you know exactly what area you are best at. You should be clear about what you can do best…

Tangibility: Tangibility represents a firm’s investment in fixed asset as a component of total asset. Tangible assets are broadly accepted determinants of capital structure because fixed assets provide security to the capital provider by directing a claim against capital erosion. Information asymmetry between borrowers and firms increases the agency cost of debt which can be reduced by using adequate tangible assets that may serve as collateral to issue debt (Jensen & Meckling, 1976). This is…

of a reconciliation of the conflicts of interest between the creditors, the managers and the shareholders of the firm. A lot of effort has been made so far to identify the determinants of the capital structure, but still there is not a generally accepted view. Furthermore, the stability of the capital structure is another important issue that concerns modern finance theory (DeAngelo and Roll 2015) The purposes of this paper are firstly to provide some insight on the determinants of the…

This type of pay arrangement is generally reserved for top executives and employees in managerial positions, and can have advantageous tax implications. Learning how to account for deferred compensation requires an understanding of the Generally Accepted Accounting Principles (GAAP) underlying the treatment, as well as the portion of the Internal Revenue Code (IRC) that…

1. A. Name Of Fallacy: Ad Hominem B. Fallacy: “[Alger] murmur at the garbage remaining defenders, illiterate who stupidify academics. Often, they live in an alternate reality, making them the last ones to truly learn. C. Explanation: Ad Hominem deals with the association of a person and not of a text, which is what the quotation is exactly doing. In the quotation, the author directly attacks the people in question by being abusive in their name calling and condescending their intelligence. The…

Introduction Best Buy Co., Inc. is a publically traded company on the New York Stock Exchange, represented by their stock symbol: BBY.N. As a publically traded company, Best Buy is required to prepare and file an annual 10K report. It is important to note that some information may be biased toward Best Buy because their management files the financial reports. For this reason, it is crucial to analyze the given information thoroughly and completely. The information was analyzed to provide…

The article titled “The Going Concern Assumption: Critical Issues for Auditors” written by Bor-Yi Tsay and Sean Chen found in the CPA Journal talk about the going concern issue to how it affects auditors and the challenges that auditors risk in issuing a going concern or not. As Bor-Yi and Sean Chen focus on this article “is to present the relevant issues surrounding the topic of the going concern assumption in financial reporting and auditing.” Bor-Yi and Sean Chen started their article by…

1. Introduction The financial statements prepared by a firm must be based on certain concept. Accounting concept is a guideline or regulation standards have been generally accepted and recognized in the processing and presentation of accounting data. The aim of concept is to ensure that financial reports were made honestly and fairly and to avoid distortion in the practice of accounting. Thus, the concept must be known to understand the accounting process. We want to discuss about meaning,…

product than they would have without this bribery scheme. The doctors benefitted by getting incentives to prescribe the drugs. Part of the bribery scheme was they offered free vacations and various valuable electronic products. For example, they accepted the free paid vacations and the money for their vacation expenses, along with IPads, laptops etc. The traveling agency C.C.T bribed Mark Reilly with sex to acquire more business to gain (Barboza, New York Times, 2016). Since the whistleblower…

paper breaks down an article into pieces, and explains how the article informs to the audiences. This article written under business is report with misleading over the proliferation of various Non-GAAP and GAAP in the company. GAAP stands for General Accepted Accounting Principles and the purpose in this article is to point out what is wrong with financial reporting, and the authors want all people are doing business have to usefully describe the truth, and nothing with the truth in financial…