ACCOUNTING ISSUES RESEARCH AND MEMO

Accounting Issues research and Memo - Accounting
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Do the research for an accounting issue and write a Memo. Please use US GAAP codification for your support discussion and conclusion from FASB org website. Please do not use other codification such as IFRS. Accounting Issues research and Memo is for Use of Present Value in Accounting Measurements     The deadline is March 5th end of the day,  est time zoneAccounting Issues research and Memo Use of Present Value in Accounting Measurements You are the Accounting Manager in the Financial Reporting Department at a mid-sized manufacturing company on Long Island. Yesterday, you attended a meeting between your Controller, John Harrison, and the external auditing firm. During the meeting, a discussion developed regarding the use of present value to measure certain assets and liabilities in the company’s financial statements. During the meeting, it was evident that the Controller was very knowledgeable about the “traditional” PV methodology that he had learned in his finance classes. The external auditors began to discuss the “expected present value” technique that is introduced in Statement of Financial Accounting Concepts No. 7, Using Cash Flow Information and Present Value in Accounting Measurements (Concepts Statement 7). Unfortunately, the Controller was unfamiliar with this present value technique and how it is presently employed in existing GAAP. You were unfamiliar with it also, so you kept quiet. After the meeting, John asked you to write a memorandum to him, in good form, that addresses the following questions: 1. According to Concepts Statement 7, what is the objective of using present value in accounting measurement? Also explain in your own words. 2. According to Concepts Statement 7, when would a company need and not need to use present value when making the initial measurement of an asset or liability? Also explain in your own words. 3. Using the ASC, identify and briefly describe three accounting areas where the expected present value methodology discussed in Concepts Statement 7 is specifically cited as the basis of measurement of an asset or liability (or where the literature recommends it as the basis of measurement). Include the proper ASC references and a brief discussion of each in your answer. 4. Based on the above information, what other actions do you believe might be advisable at this time. Include them in the memo. Instruction: Prepare your accounting issues memorandum following the formats in the text and your prior memos. Be sure to incorporate edits and suggestions (format, etc.) Your memo must be at lease 1 ½ pages, single spaced. Make sure that your conclusion is supported by research. The quality of your memo should be the same as if you were handing it to your boss. Make sure that your conclusion is supported by research. Use US GAAP codification for your discussion and conclusion. Please do not use other codification such as IFRS. Deadline is March 5th end of the day East Time You need: 1. A reference from a CPA firm. 2. Pre-codification reference.
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Your assignment may be more than 5 paragraphs but not less. INSTRUCTIONS:  To access the FNU Online Library for journals and articles you can go the FNU library link here:  https://www.fnu.edu/library/ In order to n that draws upon the theoretical reading to explain and contextualize the design choices. Be sure to directly quote or paraphrase the reading ce to the vaccine. Your campaign must educate and inform the audience on the benefits but also create for safe and open dialogue. A key metric of your campaign will be the direct increase in numbers.  Key outcomes: The approach that you take must be clear Mechanical Engineering Organic chemistry Geometry nment Topic You will need to pick one topic for your project (5 pts) Literature search You will need to perform a literature search for your topic Geophysics you been involved with a company doing a redesign of business processes Communication on Customer Relations. 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Furman was originally sentenced to death because of a murder he committed in Georgia but the court debated whether or not this was a violation of his 8th amend One of the first conflicts that would need to be investigated would be whether the human service professional followed the responsibility to client ethical standard.  While developing a relationship with client it is important to clarify that if danger or Ethical behavior is a critical topic in the workplace because the impact of it can make or break a business No matter which type of health care organization With a direct sale During the pandemic Computers are being used to monitor the spread of outbreaks in different areas of the world and with this record 3. Furman v. Georgia is a U.S Supreme Court case that resolves around the Eighth Amendments ban on cruel and unsual punishment in death penalty cases. The Furman v. Georgia case was based on Furman being convicted of murder in Georgia. Furman was caught i One major ethical conflict that may arise in my investigation is the Responsibility to Client in both Standard 3 and Standard 4 of the Ethical Standards for Human Service Professionals (2015).  Making sure we do not disclose information without consent ev 4. Identify two examples of real world problems that you have observed in your personal Summary & Evaluation: Reference & 188. Academic Search Ultimate Ethics We can mention at least one example of how the violation of ethical standards can be prevented. Many organizations promote ethical self-regulation by creating moral codes to help direct their business activities *DDB is used for the first three years For example The inbound logistics for William Instrument refer to purchase components from various electronic firms. During the purchase process William need to consider the quality and price of the components. In this case 4. A U.S. Supreme Court case known as Furman v. 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The team is currently using an I would start off with Linda on repeating her options for the child and going over what she is feeling with each option.  I would want to find out what she is afraid of.  I would avoid asking her any “why” questions because I want her to be in the here an Summarize the advantages and disadvantages of using an Internet site as means of collecting data for psychological research (Comp 2.1) 25.0\% Summarization of the advantages and disadvantages of using an Internet site as means of collecting data for psych Identify the type of research used in a chosen study Compose a 1 Optics effect relationship becomes more difficult—as the researcher cannot enact total control of another person even in an experimental environment. Social workers serve clients in highly complex real-world environments. 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