The object of this essay is to teach you to be an informed citizen and taxpayer. We will examine just how to go through your local city, municipal, county, school district, and state government’s Comprehensive Annual Financial Report (CAFR) and come out the other side with millions if not billions of wealth and investments hidden by your government. I was inspired to write this due to the several requests for myself to help others research and pinpoint their own government’s corruption and hidden wealth. So here, now, I present to you the CAFR for the city of Aurora, Colorado, a municipal corporation… First, understand that this report is basically the standard set-up and protocol for the structure of the Annual Reporting system. Therefore,
Despite CanGo’s initial success, however, the organization is not without its fair share of concerns. The primary issue with CanGo is that it lacks a formal strategic business plan. The company has also failed to clearly define what its short-term goals and long-term goals are and how it plans to go about realizing those goals. The company also has problems with its current organizational structure. Although roles are clearly defined, CanGo often succumbs to a centralized form of decision-making, with Elizabeth Bennett micromanaging to such a degree that the decision-making process almost becomes paralyzed.
These income statements are also useful for outside users such as investors, creditors and the government. Investors generally check the income statements of the company to verify the past financial performance of the business to evaluate their ability of producing future cash flows. Creditors also use the income statements to check and see if the business has enough revenue to pay its bills on time. Lastly, the government needs these statements to calculate the taxes which the corporation needs to pay regarding the profits earned over
Claudia Correa Week 4 Individual Assignment CIS/319 Earl Sortor August 18, 2008 Memorandum To: Earl Sortor From: Claudia Correa Date: August 18, 2008 Subject: Database Use The Bank of New York, asset servicing group, provides clients with various products. These products consist of data management such as transaction history, trade activity, and most important; reports. These client services are conducted with the help of various databases that work together to fulfill a client’s need. The Bank of New York seek ways to improve services that help stay abroad the competition by focusing in technology and its applications. One of the main sources of fulfilling the client’s request is with the help of Microsoft
(REFERENCE TOOL ONLY) Assessed Discussion Question Concentration Consideration October 12, 2008 As I review Kudler Fine Foods and the areas of business covered this week and last week, the concentration of Finance seems more and more appealing because it helps to predict and analyze short-term and long-term money flows to and from the business. Optimization creates profit and helps the business overall to make good use of that money that is acquired. Control and acquisition both interest me because as a business manager it is important to be top of the game and realize what comes and out of the business. The financial planning analysis is interesting to consider which consists of three steps:
The accounting department supervisor independently reconciles the accounts receivable subsidiary ledger to the accounts receivable control account monthly. C. The accounting department supervisor controls the mailing of monthly statements to customers and investigates any differences reported by customers. D. The billing department supervisor matches prenumbered shipping documents with entries in the sales journal. AICPA AACSB: Analytic AICPA BB: Critical Thinking AICPA FN: Risk Analysis Bloom's: Application Difficulty: Hard 32. Which of the following internal control activities most likely would assure that all billed sales are correctly posted to the accounts receivable ledger?
January 23, 2014 1. Prepared a defensible strategy for the client by using the six (6) steps in the tax research process. Propose how each of the steps provides support for the client’s position. 1. Determine the facts: I will have the IRS examiner run an audit report for my client showing the additional tax, penalties, and interest that he/she is proposing.
Running head: SARBANES-OXLEY LAW Sarbanes-Oxley Law Alexandria B. Lover Liberty University ACCT 302-B03 Abstract Since 2002, the Sarbanes-Oxley Act has been in place to not only raise awareness for employees and investors but also improve the management of internal controls in public corporations. Under the law, CEOs and CFOs are solely responsible for the accuracy of the financial reporting by their companies as well as the internal control structure to include fines and criminal prosecution if consciously falsified. The Sarbanes-Oxley Act was passed as a response to the Enron fiasco in an attempt to protect investors from corporate accounting fraud. The Act, which is officially known as Public Company
You want to provide a more detailed description of the problem. 2. So was good interpersonal relationships lacking in the firm? 3. So were these 3 components missing in the firm?
There are many reasons to why George Miller gave every one a 3 rating, and one of them being he didn’t take the time to actual do the performance appraisal by noticing what his employee’s strength and weakness are. Another reason is that George Miller probably didn’t understand the rating the system, therefore, wasn’t able to utilize the system affectively which can cause some problem with his employee’s. George Miller could be one of those managers that don’t like confrontation or arguments, and he did what was best for his personality and gave everyone a rating of a 3 to avoid the problem of having a disagreement at the work place. For example, I had a manager that always wanted to be liked, and she never wanted any of her employees to be upset with her even when she knew the employee did something wrong. When it came to bonus at the end of every quarter she would pretty much give everyone the same quarterly bonus.