1. Long-term Liability Transactions Following are a number of unrelated transactions for the Village of Centerville, some of which affect governmental activities at the government-wide level. None of the transactions have been recorded yet.   The General Fund collected and transferred $750,000 in tax collections to the debt service fund; $600,000 of this amount was […]

1. Operating Transactions, Special Topics, and Financial Statements The City of Hinton’s General Fund had the following post-closing trial balance at April 30, 2016, the end of its fiscal year:   During the year ended April 30, 2017, the following transactions, in summary form, with subsidiary ledger detail omitted, occurred:   The budget for Fiscal […]

Research Case – GASB Examine the Governmental Accounting Standards Board’s website (www.GASB.org) and prepare a brief report about its mission, standard setting process, board composition, and the role of Governmental Accounting Standards Advisory Council. Can you determine how to obtain a copy of the most recent Codification of Governmental Accounting and Financial Reporting Standards? What […]

The Financial Accounting Standards Board is the primary source of generally accepted accounting principles (GAAP) for all health care organizations. Do you agree with this statement? Why or why not? Reference this week’s lecture to support your post.   DQ2 Federal Agencies [CLO: 3]. 1st Post Due by Day 3. Discuss the conceptual framework of […]

Select and research a local not-for-profit organization and a for-profit business. Document these two entities, discussing differences between the two organization types. Reference this week’s lecture to support your post.   DQ2 University Effectiveness [CLO: 3]. 1st Post Due by Day 3. Review the organization and financials of a chosen university. Describe some performance measures […]

Complying with Fair Disclosure [CLOs: 1, 4]. 1st Post Due by Day 3. Read the Seligman (2000) article, “24-7 Accounting.” Based on the content presented in the article, in conjunction with this week’s lecture and other readings, discuss the U.S. Securities and Exachange Commission (SEC) fair disclosure regulation and how an organization complies with this […]

An Analysis of a Corporate Governance Report  Pre-Assignment Instructions: Download the annual report of a company that has substantial foreign operations.   Assignment Instructions: The Final Project will involve applying the concepts learned in class to an analysis of a company using corporate governance information from their annual report. Using the concepts gleaned from this […]

Access the financial statements from the most recent annual report of a foreign company and a domestic company with which you are familiar to complete this assignment.   Determine the accounting principles (GAAP) the foreign and domestic companies use to prepare financial statements. Determine whether the foreign or domestic companies provide a set of financial […]

Access the International Federation of Accountants Web site at: http://www.ifac.org/auditing-assurance/   In what ways do company audit reports vary in different countries? Select a country and discuss at least three ways that auditing is different than U.S. auditing standards.   Develop a 200 – 300 word explanation supporting your findings. Respond to at least two […]

What is the purpose of a “convenience translation”? How are they used in financial analysis? What are some features of financial statements that a company might translate in a convenience translation?   DQ2 Transfer Pricing [CLOs: 2, 4, 5, 6]. 1st Post Due by Day 3. Describe in detail one possible transfer pricing tactic that […]