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    Monitoring Methodology Monitoring methodology is a science of using tools and monitoring techniques to properly document or provide transparency into a set of problems. Monitoring is the process of observing, checking and documenting a process over a longitudinal period of time.With respect to Boca Raton Regional Hospital (BRRH) our group identified two maintain points of interest when looking at its current finances. The hospital’s days cash on hand is extremely low when benchmarked against…

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    GAP Case Study Essay

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    In the past year, the company GAP has seen a steady decrease in their stock prices which has been caused by a couple of different things. A change in management and poor communication within new management has caused sales to steadily decrease. One effect of this poor communication in management is that GAP’s inventory is not well organized, which hurts the net cash flow of the company. The old system used to order inventory was “by gauging the response [to the product], the management [was]…

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    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…

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    Gaap Vs Ifrs

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    In this paper I will be comparing and contrasting the key differences and similarities of the two the International Reporting Standards (IFRS) and Generally Accepted Accounting Principles also known as GAAP. According to AICPA International Reporting Standards can be defined as “a set of accounting standards developed by the International Accounting Standards Board (IASB) that is becoming the global standard for the preparation of public company financial statements.” International Financial…

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    Financial Fraud Case Study

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    Financial Statement Fraud Investigation Frisbey (2015) indicated that forensic accountants should be able to effectively communicate with the management and involved personnel as to the factors of the existence of fraud indicators, to be able to perform essential analytics and independent testing such as horizontal and vertical testing techniques to detect fraud or to examine the validity of evidence being investigated (p.8-9). Frisbey mentioned that forensic accountants should, for example,…

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    Learning Team A Global Business Financial Environment ACC/300 Brandy Havens Alesia Batiste GM Motors uses SEC filings (US Securities and Exchange Commissions). Available-for-sale securities are one type of investment a company can make. Available-for-sale securities are any security not classified as a trading security or held to maturity security. These can either be debt or equity securities, however, the accounting is the same for each. An accountant must properly account and report…

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    This aligns with the 1 day increase in the Average days sales uncollected (to 53.6) allowing customers more time to pay their bills. Likewise with Inventory turnover, Orica's inventory turnover increased by 2 days (to (XXX), it should be noted that compared to the industry average, Orica has a much shorter turnover rate, pointing to why they may not be as averse to relaxing their credit policy). This indicates that Orica needs to access its inventory to ensure it does not hold obsolete…

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    Importance Of HRM

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    How can employers increase staff retention through a responsible approach to the employee life-cycle in the field of social care, and what are the costs and benefits of doing so? Introduction. I have chosen to write on the above topic as I currently work as a deputy manager in a residential ch Premium 5737 Words 23 Pages Role of Corporate Leaders in Transforming Organisations The role of corporate leaders in transforming organizations Introduction Corporate leaders play a significant role…

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    a. A Balance Sheet statement presents the assets, liabilities, and equity of the entity as of the reporting date. The report format is structured so that the total of all assets equals the total of all liabilities and equity. A balance sheet lays out the ending balances in a company 's asset, liability, and equity accounts as of the date stated on the report. The most common use of the balance sheet is as the basis for ratio analysis, to determine the liquidity of a business. Liquidity is…

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    Wal-Mart will need to become acclimated to using new accounting assessments and definitions for specific balance sheet and income statements. In addition, Wal-Mart will need to comply with wider disclosure requirements and provide more comprehensive reporting on international segments. (Oracle, 2010) To help accommodate the newer reporting requirements, Wal-Mart…

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