Internal Revenue Service

library.franklin.edu Committee of Sponsoring Organizations of the Treadway Commission (COSO, 2010). Fraudulent Financial Reporting (1998-2007). Retrieved from http://www.coso.org/documents/COSOFRAUDSTUDY2010_001.pdf Frisbey, E. B. (2015). Fraud on revenue recognition. Franklin University ACCT732 Forensic Accounting Research Paper, 1-19. Retrieved from www.library.franklin.edu Goel, S., & Gangolly, J. (2012). Beyond the numbers: Mining the annual reports for hidden cues indicative of financial…

ESSAYS: (4 QUESTIONS, EACH WORTH 5 POINTS) 1. Describe and discuss the Investment Pyramid including its financial foundation. A venture procedure in which a speculator enhances the danger of his/her portfolio while likewise leaving the likelihood for a substantial return. One does this by putting a large portion of the financial specialist's cash in generally safe speculation vehicles; this structures the "base" of the pyramid. The base (the widest part of the pyramid) would contain government…

Demand is the “total quantity customers are willing and able to purchase” (Shah, 2017)1, looking at the price elasticity of demand determines how much a product is priced and how responsive demand is to the change of that price. For example, 500 people will be willing to pay £15 for a concert ticket, however if the price of the ticket was increased to £25, then only 250 people would be willing to pay. This can be shown using a demand curve, which is based upon the principle that if the price of…

Utility Ethics Twillory is a menswear manufacturer that was founded in 1892. Despite such a long period of existence, a well-established brand image, and the net of loyal customers, the company remains small. Twillory’s estimated revenue is $5.4 million, while the current number of employees is forty-four (Twillory, 2017). The majority of its production is custom, which is why Twillory clothing can rarely be found in shopping malls. Its main marketing strategy is based on customer centricity as…

10-k Assignment The difference between a calendar year and a fiscal year is that a fiscal year is determined by a company's business cycle, whereas a calendar year is January through December. Starbucks, choose a 52- week fiscal year because it enables them to provide financial reports over periods lengths. Likewise, GMCR operates on a 52 week fiscal year in order to show sales and progress over lengths of time. It is stated on their SEC file including the balance sheet that they have a 52…

ACT 8-1 - Business Applications Case: Statistic versus flexible budget variances a) Did Atlantic increase unit sales by cutting prices or by using some other strategy? Atlantic did not increase sales by cutting prices for the actual sales price was higher than the budgeted price which is as follows: The budgeted sales price was $33,000,000/150,000 units = $220 per unit (Edmonds, Tsay, & Olds, 2011). Therefore, the actual sales price was $35,520,000/160,000 units = $222 per unit (Edmonds et…

Ganong Brothers is a small Canadian confectionary company, that was founded by two brothers in 1873. Although the company has built a name for itself in boxed chocolates, it has been struggling financially and is facing a downturn. After a board meeting looked at two consecutive years of financial losses on the company’s financial statements, David Ganong was given the task of developing a plan to restore the profitability of the Ganong Brothers. One of the factors that has impacted the…

medium-sized companies (Yoffie 4). The criteria that will be used to evaluate these group of buyers are whether: they buy a large portion of the selling firm’s total output, the selling firm is dependent on the buyers for a significant portion of its sales revenue, they can switch to another seller’s product with few switching costs, the selling industry’s products are undifferentiated or similar to a commodity, or they present a credible threat to integrate backward into the seller 's’…

waste will generate high amount of thermal value, therefore it has to be considered in designing of incineration facilities and energy recovery establishments in cities where the tourists' waste is several times of local people's waste, otherwise the internal wall of the incinerator furnaces will be destructed quickly and the various parts of the incinerator system will be…

Information system. Communications • Lack of a unified information system • Complexity of the entire information system 6. Corporate standards • A large number of acts that need to be met • Strict quality and security requirements for the service provided 7. Production • Inefficient operation of some…