Chartered Financial Analyst

INTRODUCTION This report aims to study the communication systems of a not-for-profit organisation in Victoria, named Victorian AIDS Council (VAC). In the first part, some background information, including an organisational chart, different channels of communication with the organisation’s key internal and external stakeholders and funding resources will be examined. In the second part, a SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis will be employed to examine the competitiveness…

Coffee Roasters. Starbucks collects its average accounts receivable more frequently than Green Mountain. Starbucks will collect their average accounts receivable in fewer days. Chapter 9: Financial Statement Case 9-1 on p. 601 1. The Starbucks Corporation is using straight-line depreciation for their financial statements and for their tax purposes I believe they use double declining depreciation. 2. 523.3 million is the amount of depreciation and amortization expense for the year ending October…

Interview an Accountant For this assignment, I was able to get in contact with a high school friend of mine that was an outstanding student athlete. The reason for reaching out to him was to follow up with a person I knew had a bright future and broke the sigma of the athlete stereotype when it comes to academics. Marcus Law works as a Business Account Manager (entertainment industry) for Chapnick Smukler & Chapnick in Encino, CA. He has worked in the position for a bit over 2 years.…

♣ to the audit committee, as in the GM case. NYSE requirements require the audit committee to discuss policies with respect to risk assessment and risk management. However, the NYSE commentary clarifies that the “audit committee is not required to be the sole body responsible for risks assessment and management” [See Part I, Exhibit C Rule 303A.07(b)(iii)(D)]. If the board allocates risk responsibilities to the audit committee, these responsibilities should be thoughtfully addressed in the…

Porter’s Five Forces is a strategic business plan used to assess the competitiveness of business to survive in a tough business market. The components of the Five Forces include the threat of new entrants, the bargaining power of suppliers, the bargaining power of customers, competitive rivalry, and availability of substitutes. The components of the Five Forces can be applicable to any business, but this paper will examine how the Five Forces apply to Wells Fargo. According to the Federal…

Office Depot compete against one another by selling similar products such as office and school supplies. The difference between these two companies may not be very noticeable when looking at them through a broad lens. However, after comparing the financial statements of these two companies, I found that the profitability, liquidity, and solvency of each is what distinguishes Staples from Office Depot. When comparing the profitability of these two companies at the end of the fiscal year, I…

Title IV focuses on enhancing financial disclosures. Section 401 requires all financial statements prepared in accordance with GAAP to reflect all material adjustments identified by the auditors. The section also required the SEC to establish standards to address off-balance sheet transactions. Result was rules for consolidation of variable interest entities. Section 402 prohibits personal loans to directors and executive officers. Section 404 requires that management acknowledge its…

To analyze the development and the legislative history of the Americans with Disabilities Act of 1990 (ADA), it is important to discover the definition of disability as enacted by the United States Congress. “When Senators Weicker and Larkin first introduced the Americans with Disabilities Act (ADA; Public Law No. 101–336 [1990]) in 1988, only 30 percent of people with disabilities in the United States were employed. Title I, the section of the ADA pertaining to employment discrimination, sought…

an essential part of auditor’s inherent risk assessment process. The risk assessment is to understand the entity, its environment, and internal control to identify and assess the risk of material misstatement whether due to fraud or error at the financial statement and relevant assertion levels (AU-C Section 315, 2015) 2. Identify and briefly describe the specific fraud risk factors present during the 2000 NextCard audit. How should these factors have affected the planning and execution of that…

1. Allstar captured an additional 16.5% of the cold product segment of the market. Accordingly, their market share of manufacturer sales of the OTC Cold product market increased from 23.8% to 39.1%. 2. Allround OTC cold medication maintained the leadership position at period 10. The brand awareness was not evaluated specifically each year and instead was monitored by sales. 3. Since the Allstar portfolio of products dominated the market it is reasonable to assume that Allstar’s share price is…