Read the Notes to the Financial Statements (FS) for your SEC 10-K company. These
"notes" are displayed after the financial statements.
Note 1 includes accounting information. What is the fiscal year for your SEC 10-K
Company? This may be June 30 each ye
There are three problems this week involving asset accounting. Click on the tabs at the bottom of the
spreadsheet to go to each problem.
Ace Specialties bought a delivery truck for $40,000 cash. The expected useful life is 5 years and the sal
Fraud Detection and Deterrence
Fraud detection focuses on the reactive response to the misappropriation/misuse of an
organization's asset while fraud deterrence deals with the proactive
Using the SEC 10-K for your company, answer the following questions:
Reading the notes to the financial statements, as well as the balance sheet, post
information about the Accounts Receivable for your company. Who owes the
Read the prompt below and click the title above to respond.
What is the name of the auditor? Viewing their signature, what city do you see?
Ernst & Young LLP
San Jose, California
The first page of the SEC 10-K is very standard and lists two key locations.
There are two problems this week. Click on the tab at the bottom of the spreadsheet to see problem 2.
Compute the ending inventory using the FIFO and the weighted average method below. Use the perpetual method for both. These are the same transactions use
Week 8 HW 3Papers
For the Week 8 homework assignment, you will create, save, and submit a Microsoft
Word document that covers the topics listed below and consists of one page for
each topic. Always include your name and a descriptive title in the fi
There are 3 problems this week. Click on the tabs at the bottom of the spreadsheet to view each problem.
Prepare the journal entries for the eight following transactions. Use dates but descriptions are not required.
On 10/1/15, Equipment was purchased for
Apple; NASDAQ: APPL
* What is the Description and Dollar Value of the first line on the Income Statement
(it may be net sales)?
Net Sales for year-end September 26, 2015: $233,715 million
* What are the names of the assets and their values (if more than f
. SEC 10-K Power Point Presentation
24. You will also be required to prepare a brief power point file of no more than
10 slides. Post the power point presentation in the discussion area for
comments by other students.
25. After you read the comments you m
Review the unadjusted trial balance below and prepare adjusting journal entries to record the various described
below. Record in the space provided at the bottom of this spreadsheet. After completing journal entries, compl
adjusted trial balance b
There are two problems on this assignment. Page down further after you complete problem 1.
Record the following journal entries below. The first two are done for you as examples.
1/2/2016 Amanda Smith invested $20,000 cash in capital
Data Exercise One
Part 1 Expenditures Approach to Calculating GDP
1. Nominal GDP versus Real GDP
Data Exercise O
Select a publicly traded U.S. corporation you would like to study this semester and ask the professor for permission by posting a response
here. You may search for the name of your company and Investor Relations and look for SEC Filings
Participating in the Peer Review process serves four purposes:
1) Each student has an opportunity to learn about another corporation.
2) Providing detailed and constructive feedback results in higher grades for all
3) Seeing how other s
The end of the semester is a good time to think about your math, accounting, and Excel
Take a moment to think about, and then comment on, the following questions:
1. What has been your experience in this class using Excel to solve math prob
Some ideas to consider:
1. Do you receive a form 1099? Why should you receive a higher hourly rate than if you
were issued a W-2 Form (this relates to the self employment tax of 14.3% based on
7.65% as the withholding from the employee and the match paid
SEC 10-K Paper
You will be asked to select a company that is publically traded. You must
research and secure the SEC 10-K Annual Report for the most recent year. This
is often available at the company web site. Look
There are two homework problems this week. The first is below and the second one is on the second tab at the bottom left of
Below you will see an unadjusted trial balance run at year end followed by information needed to make adjusting entries.