Financial Accounting

You are a loan officer for First Benevolent Bank. You have an uneasy feeling as

You are a loan officer for First Benevolent Bank. You have an uneasy feeling as you examine a loan application from Daring Corporation. The application included the following fina…

You are a management accountant for Baker Company. Christy Reelitz, the sales re

You are a management accountant for Baker Company. Christy Reelitz, the sales representative for one of Baker's suppliers, invited you to attend a professional sporting event. Bec…

You are a manager at PopUp Company, who manufactures toaster ovens. Your company

You are a manager at PopUp Company, who manufactures toaster ovens. Your company produces two types of toaster ovens: basic and deluxe.  PopUp Company currently uses a traditional…

You are a manager at a pharmaceutical company, and one of your scientists has de

You are a manager at a pharmaceutical company, and one of your scientists has developed a new statin that has no side effects. The initial cost to launch the drug will be $1,000,0…

You are a manager for a pet supplies manufacturer. This responsibility requires

You are a manager for a pet supplies manufacturer. This responsibility requires you to create budgets, make pricing decisions, and analyze the results of operations to determine i…

You are a manager for a pet supplies manufacturer. This responsibility requires

You are a manager for a pet supplies manufacturer. This responsibility requires you to create budgets, make pricing decisions, and analyze the results of operations to determine i…

You are a manager in a fictitious company of your choice. Your director has aske

You are a manager in a fictitious company of your choice. Your director has asked you to explain to the department staff the different types of budgets and techniques in order to …

You are a manager in a fictitious company of your choice. Your director has aske

You are a manager in a fictitious company of your choice. Your director has asked you to explain to the department staff the different types of budgets and techniques in order to …

You are a manager in the audit division at Miller Yates Howarth (MYH), an accoun

You are a manager in the audit division at Miller Yates Howarth (MYH), an accounting firm with offices throughout the major regional centres of NSW and Queensland. Although a medi…

You are a manager working in the Technical Department of GPKM, a large partnersh

You are a manager working in the Technical Department of GPKM, a large partnership which offers audit and other financial services. Jade Frances has been referred to you, as she r…

You are a managing partner of a prestigious investment counseling firm that spec

You are a managing partner of a prestigious investment counseling firm that specializes in individual rather than institutional accounts. The firm has developed a national reputat…

You are a mid-level manager for a large firm. Your task is to hire 20 new employ

You are a mid-level manager for a large firm. Your task is to hire 20 new employees for a new production line. Prior to execution, you must report to your district manager on what…

You are a new cost accountant for EAON Corp. Your first project is a capital inv

You are a new cost accountant for EAON Corp. Your first project is a capital investment proposal to purchase state of the art hardware and software for engineering's new product. …

You are a new employee with the Metro Daily Planet. The Planet offers three diff

You are a new employee with the Metro Daily Planet. The Planet offers three different retirement plans. Plan1 starts the first day of work and puts $1,500 away in your retirement …

You are a new financial analyst at Allister Corp, a large manufacturing firm tha

You are a new financial analyst at Allister Corp, a large manufacturing firm that is currently looking into diversification opportunities. The vice president of marketing is parti…

You are a new manager to a company in the automotive industry. You are asked to

You are a new manager to a company in the automotive industry. You are asked to review the monthly management reports that are presented to the owner each month. The previous mana…

You are a new tax staff at Hutchens CPA Firm. You have been asked to draft a tax

You are a new tax staff at Hutchens CPA Firm. You have been asked to draft a tax memorandum for one of the firm’s new clients, Ms. Kendra Jones. Ms. Jones has a number of unique t…

You are a newly hired associate auditor for Praxo & Hanks, CPAs, a professional

You are a newly hired associate auditor for Praxo & Hanks, CPAs, a professional services firm that provides financial audits, integrated audits, and tax work for a variety of …

You are a newly hired business analyst with an engineering background. You’ve be

You are a newly hired business analyst with an engineering background. You’ve been told to look at a company called Heritage Crystal Clean. To do so, please look at their 2012 Ann…

You are a newly qualified accountant who works for the audit firm Harrison Ford

You are a newly qualified accountant who works for the audit firm Harrison Ford & Co. You have been approached by a potential new client, Calista Electronics Pty Ltd, who is l…

You are a newly qualified accountant who works for the audit firm Harrison Ford

You are a newly qualified accountant who works for the audit firm Harrison Ford & Co. You have been approached by a potential new client, Calista Electronics Pty Ltd, who is l…

You are a newspaper publisher. You are in the middle of a one-year rental contra

You are a newspaper publisher. You are in the middle of a one-year rental contract for your factory that requires you to pay $500, 000 per month, and you have contractual labor ob…

You are a newspaper publisher. You are in the middle of a one-year rental contra

You are a newspaper publisher. You are in the middle of a one-year rental contract for your factory that requires you to pay $600, 000 per month, and you have contractual labor ob…

You are a partner in a local accounting firm and have been engaged by Andy Taylo

You are a partner in a local accounting firm and have been engaged by Andy Taylor and Floyd Barber to assist them in starting a new business. This business will sell new and used …

You are a partner in the Denver office of a national public accounting firm. Dur

You are a partner in the Denver office of a national public accounting firm. During the audit of Mountain Resources, you learn that this audit client is negotiating to sell some o…

You are a partner of Audit firm currently auditing Wellington Milk Products Ltd,

You are a partner of Audit firm currently auditing Wellington Milk Products Ltd, a fast growing small size com you became aware that staff sold 500 kg milk chocolate and did not r…

You are a plant accountant for Kelly Corp. You have been asked to draft a brief

You are a plant accountant for Kelly Corp. You have been asked to draft a brief (1- to 1.5 page) issues memo ("to the files") documenting the accounting for the following issue. K…

You are a project manager for the development of Motorola\'s new 4G, HD, Touch S

You are a project manager for the development of Motorola's new 4G, HD, Touch Screen Cell Phone which is supposed to take the cell phone industry by storm. Listed below are the in…

You are a prosecutor who thinks it is possible that Louisa, in her role as CEO o

You are a prosecutor who thinks it is possible that Louisa, in her role as CEO of a brokerage firm, has stolen money from her customers, many of whom are not well off. If you char…

You are a recently appointed audit partner in KAP Chandra,, Iman,, and Rekan,, a

You are a recently appointed audit partner in KAP Chandra,, Iman,, and Rekan,, a large local independent firm of accountants (tthe firm)).. You are delighted that you are now a pa…

You are a recently-hired accountant at Greenwood Company, a small corporation th

You are a recently-hired accountant at Greenwood Company, a small corporation that does a seasonal business of selling snow removal equipment, with most of its sales to retailers …

You are a relatively recent hire to Hartz & Co., a local manufacturer of plumbin

You are a relatively recent hire to Hartz & Co., a local manufacturer of plumbing supply products. You have been asked to prepare, for a presentation to the company's manageme…

You are a retired landowner whose Conservation Reserve Program (CRP) contract fo

You are a retired landowner whose Conservation Reserve Program (CRP) contract for 100 acres will expire next year. You can renew your contract for another ten years and receive a …

You are a staff accountant in a CPA firm. Your manager has asked you to provide

You are a staff accountant in a CPA firm. Your manager has asked you to provide a report containing accounting information on the following client: Global Inc. purchased a machine…

You are a staff auditor involved in the audit of the Human Resources Department

You are a staff auditor involved in the audit of the Human Resources Department of a large corporation. The senior auditor assigns you to review the department budgets and copies …

You are a staff auditor involved in the audit of the Human Resources Department

You are a staff auditor involved in the audit of the Human Resources Department of a large corporation. The senior auditor assigns you to review the department budgets and copies …

You are a student preparing for a job interview with a fortune 100 consumer prod

You are a student preparing for a job interview with a fortune 100 consumer products manufacturer. You are applying for a job in the finance department. Calculate the materials ef…

You are a summer interm at Webster Enterprises. You werea April the department m

You are a summer interm at Webster Enterprises. You werea April the department manager forwarded the following infomation: signed to the Mixing Department (one of fou processes an…

You are a summer interm at Webster Enterprises. You werea April the department m

You are a summer interm at Webster Enterprises. You werea April the department manager forwarded the following infomation: signed to the Mixing Department (one of fou processes an…

You are about to issue a report on the compiled financial statements of ABC Comp

You are about to issue a report on the compiled financial statements of ABC Company. However, you feel you lack independence because you are an officer and 20% stockholder in the …

You are about to issue a report on the compiled financial statements of ABC Comp

You are about to issue a report on the compiled financial statements of ABC Company. However, you feel you lack independence because you are an officer and 20% stockholder in the …

You are also given the following data on the three dvisions Raphael Hotel & Casi

You are also given the following data on the three dvisions Raphael Hotel & Casino is situated on beautiful Lake Tahoe in Nevada. The complex includes a 300-room hotel, a casi…

You are an Audit Senior currently planning the 30 June 20X8 audit of Forest Limi

You are an Audit Senior currently planning the 30 June 20X8 audit of Forest Limited, an Australian-owned company that produces and exports woodchips to Japan. Forest’s operations …

You are an Audit Senior currently planning the 30 June 20X8 audit of Forest Limi

You are an Audit Senior currently planning the 30 June 20X8 audit of Forest Limited, an Australian-owned company that produces and exports woodchips to Japan. Forest’s operations …

You are an Audit Senior currently planning the 30 June 20X8 audit of Steel Limit

You are an Audit Senior currently planning the 30 June 20X8 audit of Steel Limited, an Australian-owned company that produces and exports steel to India. At a recent planning meet…

You are an \"up-and-coming\" analyst at a local manufacturing company that upper

You are an "up-and-coming" analyst at a local manufacturing company that upper management has been considering for a management position. Your company and the current management a…

You are an accountant and have two clients youll be dealing with during this ass

                    You are an accountant and have two clients youll be dealing with during this assignment. JumpinJehosaPhats is a haberdashery (Google it!),                     …

You are an accountant and just opened up your practice at an exclusive Beverly H

You are an accountant and just opened up your practice at an exclusive Beverly Hills plaza. George Clooney and his wife, Amal Clooney come to you for tax advice. George is a self-…

You are an accountant and just opened up your practice at an exclusive Beverly H

You are an accountant and just opened up your practice at an exclusive Beverly Hills plaza. George Clooney and his wife, Amal Clooney come to you for tax advice. George is a self-…

You are an accountant at Lofty Dreams, CPA (the “Firm”), a public accounting fir

You are an accountant at Lofty Dreams, CPA (the “Firm”), a public accounting firm.  Tory Burch , one of the Firm’s senior audit partners, called you into his office.  He explained…