Accounting

Describe the company you researched in 1–2 paragraphs. Discuss how an Activity-Based Costing (ABC) system can be implemented in the company you researched and the benefits that the use will yield to the business performance. Assess how using an ABC system can provide a competitive advantage to the company in the e-commerce marketplace for which it competes and the resulting impact to the business performance. Examine the potential impact of ABC costing on e-commerce activities compared to those provided through traditional channels, considering how this knowledge will impact decisions made by management about these services.

Compare and contrast the views of management and accountants regarding the changes required by the Sarbanes-Oxley Act on internal controls and how these changes have affected corporations, accounting firms, and investors. Your paper must be formatted according to APA 6th edition guidelines, and you need to use at least one external reference.

Objective: Analyze a bank’s financial statements. Each student must select a bank that you want to learn more about, and then download the financial statements of that bank. ? Report Type: Uniform Bank Performance Report (UBPR) Data: Download balance sheets and income statements for your bank for 2 recent consecutive quarters to have a meaningful discussion of your results. Requirements: 1. Describe the services your bank provides. 2. Provide an overview of the Balance Sheet and the Income Statement. a) Describe and analyze the components of both (you will also want to report the data as a percent of total assets). 3. Measure and evaluate the performance of your bank given different profitability ratios. Some important variables are: a) Net Interest Margin b) ROE c) ROA 4. Provide a breakdown of return on assets (ROE = ROA × Equity Multiplier) Write-up: Use font size 12, double-spacing, and 3-4 pages. Include a summary and conclusion section. Include Bank Balance Sheet/Income Statement, tables, and all calculations in an appendix, which could have any number of pages. Round your results to 2 decimal places, and where applicable show your results as a percent of assets. To Submit: Submit your write-up and presentation in the Dropbox folder on D2L. Presentations: Will take place during the last week of classes. Presentations should address topics such as Requirements 1-4. Plan for a 10-minute presentation.

Identify and Describe at Least Two Healthcare Related Managerial Issues with Solutions and Policies: Identify least two Healthcare related managerial issues related to your job role.  Provide the proposed solutions and the policies for addressing the healthcare-related managerial issues.   Exercise sound business and financial management principles in health care settings through process mapping and strategic planning. All assignments must target the content application while using two variables: the job choice and the case assigned by the faulty It is Monday morning. Your supervising manager just sent you an email saying that a consulting company will be compiling all the knowledge for the “Lessons Learned” session to be held at a later date. Due to this “Lesson Learned” session, you will need to develop 5-6 pages paper addressing the requirements for the report. Make sure to incorporate the appropriate references and citations, while editing the complete document for style and formatting. Utilize appropriate subheadings and transitional statements to develop a cohesive report. The report is due Tuesday by 11:30 PM EST in week 8 of the course.  Your report should include: (Note: This report should reflect the information learned throughout the course based on your job role, your collaborative team learning experience, and should be applied based upon the selected course’s case study. One could view this report as a detailed summary of the information learned that addresses each of the items below.)  The briefing paper format is explained at https://www.edu.gov.mb.ca/k12/cur/socstud/frame_found_sr2/tns/tn-21.pdf. Make sure to follow the sub-headers and remember to arrange the information appropriately. TIPS: 1. Make sure to incorporate the feedback that was received throughout the class. 2. Make sure to demonstrate critical thinking skills on the level of application and analysis (See Syllabus) 3. Follow the format and APA guidelines. Ensure a reference page with all the sources is provided and include APA formatting in-text citations throughout the briefing report.   4. Do not make general or common-sense statements. The information presented must be concise and targeting executive-level managers.  5. Anyone who reads the Briefing Report should be able to understand how the specific case was analyzed by the managerial team and what issues, solutions, etc. were targeted. (Remember! Do not recall the concepts. Apply them to the case from the position of your role.)

Discussion on the importance of managerial accounting as a “decision-making tool” in your organization. 

“IT Skills” Please respond to the following: 1. While it is understood that the CIO should set an example for the IT organization, determine the top three things that the head of IT should be doing to improve the skills of the IT staff. 2. Having staff with the proper skill sets is immensely important to accomplishing corporate objectives. List and support three best practices in staffing future organizational needs.

What are the steps of the accounting cycle? Describe each in your own words using specific examples. What are the outputs of the accounting cycle? Why are they important? Identify and explain the purpose of each financial statement, including how they are interrelated. Why is the accounting cycle important to a business? Evaluate the significance of the accounting cycle in terms of its practical relevance for businesses. In your response, be sure to give specific examples of why certain steps are necessary. Address at least three different steps in your evaluation.

A2-55 Ethics involved with assigning costs to inventory (Learning Objectives 4 & 5) ETHICS Brandon is the production manager of a large manufacturing firm. He is worried about the prospect of bonuses for the upcoming year. The company has paid out bonuses for the past ten years, so Brandon has been counting on the bonus to help pay some debts he has accumulated over the year. In addition, Brandon and his wife are expecting their first baby in two months. Due to the unexpected downturn in sales, bonuses appear to be unlikely this year. Ryan is the accounting manager for the company. He and Brandon are good friends. Over lunch one day, Brandon confides in Ryan about his financial difficulties. He is stressed out over the bills and the baby on the way. He really needs that bonus. Ryan wants to help Brandon. Ryan has been with the company for many years and knows that fundamentally the company is strong. This year is just an unusual year. He thinks about ways that he can help Brandon. Brandon is a good employee, and the company does not want to lose him if he were to go to work for a competitor. Ryan thinks about how he can best help Brandon. He thinks about a few different options, including the following: Option #1: Ryan could increase income for the year by adding sales commission costs and advertising costs to the products. If he does this, the product cost will be higher. However, there is still a large inventory of units on hand. The units that are still in ending inventory will shield these costs from decreasing net income until the units are sold in a future year. Option #2: Ryan could quietly make Brandon a loan from the company to help him get back on his feet. The company does not have a policy prohibiting loans to employees, but neither does it have a policy of allowing such loans to employees. Ryan does not know what to do. Requirements Using the IMA Statement of Ethical Professional Practice as an ethical framework, answer the following questions: A. If Ryan were to increase income by adding sales commission costs and advertising costs to product costs as described in Option #1, what ethical principles would be violated? B. If Ryan were to make a company loan to Brandon (Option #2), what, if any, ethical principles would be violated? C. What do you think Ryan should do in this situation?

1. Why do economists and statisticians use samples to draw inferences from data? 2. What roles do variation and sampling error play in determining statistical significance? 3. Provide an example of how these concepts can be applied in the real world.  4. How could or should the biblical passages alter our worldview as students of business?

Reply to the Management’s Discussion and Analysis of the 2019 State of Texas CAFR Report below. The Comprehensive Annual Financial Report published by state and local governments each year is an overall look at the financial condition of the government in question. This report has many uses and is looked at as essential information by government workers, voters, and investors alike. The report indicates, over time, the increases and decreases in net positions and measures whether the State’s financial position is improving or deteriorating” (The Bond Buyer, 2018). The CAFR for the State of Texas is no exception.     The Management’s Discussion and Analysis section of CAFRs is valuable in conducting research and formulating forecasts that rely upon historical information. Also, bond rating agencies and bond buyers use CAFRs to evaluate a local government’s financial situation (Berman, 2014). The State of Texas discloses some very important information in it is Management Discussion and Analysis section that indicate the financial health of the State and how it has managed public funds, debts, and overall economic growth. Four of the points indicated in this section were highlighted as particularly important.     The first point is that in the government and business-type activities sections, capital assets and total liabilities went up compared to the previous year of 2018. Capital assets did rise at a faster than the liabilities side, so the overall debt to asset ratio improved in 2019. The second point of interest is that total program revenues were lower in 2019 due to the business-type activities according to the report’s Changes in Net Position section. This is important since total revenues only increased approximately $1,000,000,000 while total expenses increased almost $10,5000,000,000, and this information offsets the positive report on the State’s debt to asset ratio.   The third point of interest is that the State of Texas’ outstanding bond debt rose by $2,500,000,000 during the year of 2019. This information is concerning when considering that 2019 was a solid economic year for the State generally. This trend must be watched to ensure a deficit does not remain the State’s default annual, financial outcome. And the final point is that of the overall economic condition of the State of Texas at the end of 2019. The best indicators of economic growth for the State are the job creation numbers, which were up over 336,000. This number was higher than another other State in the same period, and the unemployment rate fell to the third lowest rate among the top ten most populous states. The information from these four points combined indicate a slightly improved economic position for the State of Texas in the year 2019 with several point of concern in the debt obligation and revenue departments.     As Christians, government account should be extremely important to everyone. Romans 14:7-8, 12 NASB says “For not one of us lives for himself, and not one dies for himself. For if we live, we live for the Lord, or if we die, we die for the Lord; therefore whether we live or die, we are the Lord’s. So then each one of us will give an account of himself to God.” In the United States of America, we are blessed with a democratic republican system of government. This means a government that should serve the needs of the people it represents. This means that every person ought to desire accurate and detailed financial reporting for each area of government. Every citizen has a stake in governmental accountability, and the CAFR is an important component in said accountability.