Financial statements

The mission statement for the organization is “Taking church to people”. Mission Arlington/ Mission Metroplex receives over 97% of its funding from contributions, gifts, and non-government grants. The remaining percentages are combined with federated campaigns and government…

Mission Statement Family and Paws lodging strives to provide lodging that includes children and four legged children alike. Family and Paws Lodging will provide excellent care for your pet if you are unable to include them in your daily activities. Family and Paws Lodging will eliminate the stress of leaving a pet behind when going on vacation to a thing of the past. Accommodations Family Paws and Lodging has 24 rooms, 12 of those rooms are pet friendly. All rooms have individual heat and AC,…

Mission Statement My motivation for my MSW degree goes all the way back to my teen years. I have always made myself available to help someone else by learning all I can, which if someone did not know how to get something done, and they knew that they could call on me. At the time, I did not know the name for being place to heed someone’s call until my adulthood. My family has always referred to an act of kindness as being a missionary worker, but I had to tell them that there is another name for…

According to AU-C 200 & AU-C230, GASS requires that the auditor should obtain a reasonable assurance “Not absolute assurance” about whether the financial statements are free from material misstatement. To reach that the auditor needs to collect evidences that have reasonable quantity and quality “sufficient appropriate audit evidence”. In AU-C 230, the objective of the auditor is to plan and perform the audit work in order to obtain sufficient appropriate audit evidence to reduce the audit risk.…

Elizabeth M. Snyder, CRCM, is a regulatory compliance specialist with more than 25 years of diverse industry and functional expertise. Elizabeth joined First Citizens Bank, a $35 billion Bank headquartered in Raleigh, North Carolina, in August 2017 as the Senior Vice President & Senior Manager, Compliance Governance and Exam Management. Her current responsibilities include executing the compliance department governance processes, coordinating complex regulatory exam issues and regulatory…

Reporting Intangible Assets Accurate financial reporting of an organization is very important in today’s modern business world. Intangible assets play a critical role in the valuation of an entity as they may bring significant value to the table. An intangible asset is an identifiable nonfinancial asset which lacks physical properties according to both the international community as well as the standards set by the United States. Intangible assets include items such as such as trademarks,…

There has been accounts of criticism towards Porter’s (1980) Five Forces framework, stating that it was designed too long ago when the business environment was different from the current, fast paced business environment and furthermore that it should include pressure from international markets but more importantly pressure from domestic rivalry and governments (Öz, 2002: 509). In a study by Van Den Bosch and Van Prooijen (1992: 174), they believe that Porter’s framework fails by stating that…

There is a common myth that consumers tend to believe. They believe that credit cards could help them build up their credit. Is this really true? According to Steve Repak, it is not true. Having a credit card does not actually boost someone’s credit. In his article, “The A to Z of Credit and Credit Cards”, Mr. Repak brings up some solid facts that support the claim that having a credit card does not necessarily mean that a consumer will have good credit. In the article, he describes the literal…

simply describes how the specific management must set order and professionalism towards the shareholders of the company. Therefore, Halliburton’s corporate governance was in need to keep honest financial calculations and information to their overall investors and shareholders. To begin with, Halliburton financial information didn’t meet the requirements nor follow GAAP. Having a set of rules and policies that doesn’t follow GAAP would then question the shareholders to rely on such a big company…

perspectives which are financial, customer, internal business processes and learning and growth. As to the evidence on which industries does well by implementing BSC, there will be a comparison between SMEs industry and banking industry. A company of SMEs industry has implemented BSC to measure its business performance based on the 4 perspective which are financial, customer, learning and growth and internal business processes. Firstly is financial where it measures the financial…