Accounting

With the recent worldwide pandemic leading to people working remotely, this presents an opportunity to change how work is performed. Something to consider is potential taxation issues. Whether people move around domestically, or internationally, what do you think are some tax considerations people should take if they are able to work remotely?

In prior weeks, you learned about finance and financial analysis. This week you will put it all together. Using the Walmart Case Study and your selected country, you will complete a comprehensive recommendation to Walmart executives either recommending or forgoing expansion into your selected country. In your paper, Summarize the culture and financial climate of the country and why it would be favorable or unfavorable for Walmart to expand in that region. Describe your country’s foreign exchange rates and how those rates could impact Walmart’s future financial performance. Be sure to address: interest rates, balance of payments, government policies, and other factors such as taxes and tariffs. Describe how Walmart needs to manage foreign exchange risk. Analyze any potential political risk and its impact to the financials. Propose how Walmart should fund this new expansion. The Walmart International Expansion Recommendation Final Paper Must be 10 to 12 double-spaced pages in length (not including title and references pages) and formatted according to APA Prior to beginning work on this assignment, Watch the Week 6 Final Paper video above with Dr. Kevin Kuznia, Academic Department Chair. Review the Walmart Case Study interactive below. Review the current financial statements of Walmart. Option 1: Yahoo! Finance (Links to an external site.) web page Enter the stock symbol of Walmart, Inc. (WMT) in the search bar Click on the “Financials” tab Option 2: EDGAR | Company Filings (Links to an external site.) database Enter “Walmart Inc.” in the search barStyle as outlined in the Ashford Writing Center’s APA Style (Links to an external site.) resource. Must include a separate title page with the following: Title of paper Student’s name Course name and number Instructor’s name Date submitted For further assistance with the formatting and the title page, refer to APA Formatting for Word 2013 (Links to an external site.). Must utilize academic voice. See the Academic Voice (Links to an external site.) resource for additional guidance. Must include an introduction and conclusion paragraph. Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper. as well as Writing a Thesis Statement Must use at least three scholarly, peer-reviewed, or credible sources in addition to the course text. The Scholarly, Peer-Reviewed, and Other Credible Sources (Links to an external site.) table offers additional guidance on appropriate source types. Must document any information used from sources in APA Style Must include a separate references page that is formatted according to APA Style

You are an accountant in the budgetary, projections, and special projects department of Fernetti Conductor, Inc., a large manufacturing company. The president, Richard Brown, asks you on very short notice to prepare some sales and income projections covering the next 2 years of the company’s much-heralded new product lines. He wants these projections for a series of speeches he is making while on a 2-week trip to eight East Coast brokerage firms. The president hopes to bolster Fernetti’s stock sales and price.  You work 23 hours in 2 days to compile the projections, hand-deliver them to the president, and are swiftly but graciously thanked as he departs. A week later, you find time to go over some of your computations and discover a miscalculation that makes the projections grossly overstated. You quickly inquire about the president’s itinerary and learn that he has made half of his speeches and has half yet to make. You are in a quandary as to what to do.a. What are the consequences of telling the president of your gross miscalculations?b. What are the consequences of not telling the president of your gross miscalculations? c. What are the ethical considerations to you and the president in this situation? For more information read this: https://en.wikipedia.org/wiki/Sales_(accounting)

https://www.ted.com/talks/chris_mcknett_the_investment_logic_for_sustainability?source=email#.VGS_pxLLkKF.email Watch the Investment Logic for Sustainability video. Then perform a few internet searches on terms such as the following: Sustainable funds Socially responsible investing ESG Environmental, social, and corporate governance Using resources found in your internet searches, as well as your module resources, respond to the following questions: What is sustainable investing? Do you think investors should be concerned with ESG? Do you think ESG investments can perform better than non-ESG investments? Why or why not? What type of socially responsible fund would you invest in? Why? When replying to your classmates, you may disagree with them, but it must be done in a respectful and polite manner. Use APA-style citations.

One of the primary duties of an accountant is to prepare written reports. Accountants today must be able to research, interpret, and communicate complex accounting subjects in an easy-to-understand manner. The subject of your research may be any auditing, financial reporting, or tax-related issue that you can research in the FASB Codification database. Your final paper should meet the following requirements: seven (7) page minimum length (including cover page and references page) body of the paper (content) must be a minimum of 5 pages, double spaced utilize and cite AT LEAST two outside sources (other than the course text) include citations using APA guidelines include a cover page and a bibliography page (not included in the content minimum) VeriCite score of 25% or fewer Submissions will be checked for authenticity using VeriCite. VeriCite generates a similarity score comparing your writing to online resources and the work of other students.

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.

mike, one of the marketing strategists on your team, stops at your office door wanting to talk. “We use fabrics that are made domestically; however, there are issues with using these same fabrics globally. There are laws and regulations that prevent us from shipping these fabrics to other countries. This is a huge concern. One of our primary selling points is the consistency of the quality of our product.” You confirm Mike’s concern, “That’s an excellent point,” you say. “Now you’ve just given yourself and our team more work for the presentation. I’m sure that will come up. One of the board members used to run a textile plant in China.” Mike nods his head in agreement. “I imagine textiles will not be the only resource concern,” he says. Consider the following in your response: Why should resources be a concern in a global strategy? What resources may be a concern in the country you selected? How will this impact the decision to move to the country that you selected? How will this impact your competitive strategy in your global market? Review the reference materials on global strategy as there is information that may assist with the assignment.

Jordan Corporation is considering dropping product W22T. Data from the company’s accounting system appear below: Sales, Variable expenses,$650,000 $234,000 $206,000 Fixed manufacturing expenses, Fixed selling and administrative expenses $170,000. All fixed expenses of the company are fully allocated to products in the company’s accounting system. Further investigation has revealed that $125,000 of the fixed manufacturing expenses and $114,000 of the fixed selling and administrative expenses are avoidable if product W22T is discontinued. What would be the effect on the company’s overall net operating income of dropping product W22T? 

Question 3: Explain why net income is different from the net cash provided by operations. (10 points)RubricsDescriptor 9-10 The student demonstrates an excellent understanding of theconcepts. 8-8.9 The student demonstrates a good understanding of the concepts. 7-7.9 The student demonstrates a fair understanding of the concepts. 6-6.9 The student demonstrates some, but insufficient understanding of theconcepts. 3-5.9 The student demonstrates insufficient understanding of the concepts.They may mention some relevant ideas or concepts, although it is clear that the relationship between them is not understood by the student.1-2.9 The student demonstrates insufficient understanding of the concepts and does not mention any relevant ideas or concepts.0 The student leaves the question blank or cheats.95% of the grade based on the approach, calculations and comments, and 5% based on the presentation and look & field of the spreadsheet. Points are at the end of each question.

     Begin your paper with a brief introduction on the importance of cost controls. A good introduction will sufficiently introduce the reader to the topics of your paper as well as the purpose of your paper. An introductory paragraph is at least three to five sentences in length. Cost Controls – Back of the House             In a minimum 250 word overview in a Word document following MLA format, outline a minimum of five different procedures and strategies that will be implemented to control costs in the back of the house for your business concept. Here are some areas to consider: planning, ordering, purchasing, receiving, storage and product rotation, inventory, food specifications, portion control, recipe standardization and costing, and waste accountability. Conclusion             Your last paragraph of every MLA formatted report is a concluding paragraph. This last paragraph emphasizes the main topics of the paper. Some conclusions may also provide a forward looking approach or a question to ponder. Most importantly, the concluding paragraphs will wrap-up the key points of the essay.