Accounting Essays

Robert J. Kueppers is deputy CEO of Deloitte LLP and has 35 years of professional experience. As deputy CEO, he works closely with the CEO of Deloitte LLP and is responsible for regulatory and public policy matters. Mr Kueppers also provides direction for quality, risk and legal affairs. He is …

When trying to figure out which valuation method to use to value a stock for the first time, most investors will quickly discover the overwhelming number of valuation techniques available to them today. There are the simple to use ones, such as the comparable method, and there are the more …

Two former Singapore Land Authority (SLA) officers, Former deputy director of technology and infrastructure, Koh Seah Wee, 41, was sentenced to 22 years in jail, and his subordinate, former manager Lim Chai Meng, 38, was sentenced to 15 years for being involved in a $12 million fraud case. With the …

The biweekly taxable wages for the employees of Rite-Shop follow. 3-8A Ralph Henwood was paid salary of $64,600 during 2012 by Odesto Company. In addition, during the year Henwood started his own business as a public accountant and reported a net business income of $48,000 on his income tax return …

Investment in Assets and required returns ·Cash flow determination ·Non-DCF and DCF techniques Case: Investment analysis and Lockheed Tri Star Assignment Questions 1.Compute the payback, net present value (NPV), and internal rate of return (IRR) for this machine. Should Rainbow purchase it? Assume that all cash flows (except the initial …

Late on October 9, 2003, David Maris, an analyst at Banc of America Securities (BAS), was trying to interpret the shocking events of the previous few days and finish the write-up of his first report on the Canadian pharmaceutical firm, Biovail Corporation. Maris didn’t like what he saw at the …

As Dr. Stephanie White prepares to cope with the a steep reduction in the budgetary allocation to the Uptown Clinic she must carefully determine which areas to cut while striving to maintain current levels of service. This essay will offer advice Dr. White on preparing for budget cuts. It will …

Mr. Sami is employee of a private company with following emoluments’. * Basic salary 60,000 PM * Medical allowance 8,000 PM * House rent allowance 12,000PM * Dearness allowance6,000 PM * Company has given a car for his personal use having cost Rs. 700,000. * He is the owner of …

1. Inventories are properly stated at the lower of cost or market. 2. Inventories included in the balance sheet are present in the warehouse on the balance sheet date. 3. Inventory quantities include all products, materials, and supplies on hand. 4. Liens on the inventories are properly disclosed in notes …

Note: This is an article particularly for the students of Accountancy i.e. those who are taking up CA, ICMA, ACCA or any other relevant exam. However, the techniques explained here can be used by candidates for exams other than accountancy as well. 7 tips to pass exams Being a qualified …