ACCT556- Kaddy Vei
Week 5 Problem
Cash Budget
Hale Company
Cash budget
Sales
Cash receipts
Sales for cash-20%
First month after sale-60%
Second month after sale-12%
Third month after sale-5%
Total cash receipts
Cash Disbursements
Cost of goods sold
Purcha
Definitions in Multinational capital budgeting:
Multinational capital budgeting, like traditional domestic capital budgeting, focuses on the
cash inflows and outflows associated with prospective long-term investment projects.
Important points in MNEs capi
ACCT556
Week 6 Problem
Proforma Statements
NOTE: It is expected that this problem will be completed using an Excel spreadsheet using formulas.
Please see the Excel Tutorial that is available under the course home tab.
The Duncan Company has just completed
The Duncan Company has just completed a number of budgets for the coming year. The cost of goods manufactured schedule, the proforma income statement and
the balance sheet still have to be completed. The following information is available: Prior year Bala
COURSE PROJECT-Kaddy Vei
a. A sales projection in units using the methods suggested.
*
Super Paint Volume Projection using Exponential Smoothing
Actual Sales in
Gallons
Weight
Year
2008
2009
2010
2011
2012
Weighted
sales
411,000
412,000
405,000
430,000
42
ACCT556
Budgeting Project
TO THE STUDENT
Fanciful, Inc. is a case study which allows you to incorporate numerous financial and managerial accounting
concepts into a single business setting. You will take the position of the company controller who will pre
Duncan Company
Cost of goods manufactured
Beginning WIP inventory
Direct material used
Direct labor used
Manufacturing overhead
Total manufacturing costs
Less: projected ending WIP inventory
Cost of good manufactured
25,000
495,000
400,000
380,000
1,300,0
ACCT556- Kaddy Vei
Week 5 Problem
Cash Budget
Hale Company
Cash budget
Sales
Cash receipts
Sales for cash-20%
First month after sale-60%
Second month after sale-12%
Third month after sale-5%
Total cash receipts
Cash Disbursements
Cost of goods sold
Purcha
ACCT556
Week 7 Problem
Benefits of Social Programs
NOTE: It is expected that this problem will be completed using an Excel spreadsheet using
formulas. Please see the Excel Tutorial that is available under the course home tab.
A community public works proj
1. Multiple Choice Question 133
Given the following data for Harder Company, compute cost of goods manufactured:
Direct materials used
Direct labor
Manufacturing overhead
Operating expenses
$120,000
200,000
150,000
175,000
Beginning work in process
Ending
Part B ACF5953 Assignment
Mirza Muhammad Faizan Hassan Barlas
ACF5953
Financial Accounting Assignment
Part B
Mirza Muhammad Faizan
Hassan Barlas
26152150
1|Page
Part B ACF5953 Assignment
Mirza Muhammad Faizan Hassan Barlas
1. Acquisition Analysis
$
$
$
Co
INTERPRETATION OF
FINANCIAL
REPORTING STANDARD
INT FRS 32
Intangible Assets - Web Site Costs
This version of INT FRS 32 does not include amendments
that are effective for annual periods beginning after 1 January 2014.
INT FRS 32
Interpretation of Financia
FINANCIAL
REPORTING STANDARD
FRS 113
Fair Value Measurement
Illustrative Examples
1
FRS 113 IE
CONTENTS
Paragraphs
HIGHEST AND BEST USE AND VALUATION PREMISE
IE2
Example 1Asset group
IE3
Example 2Land
IE7
Example 3Research and development project
IE9
USE
INTERPRETATION OF
FINANCIAL
REPORTING STANDARD
INT FRS 31
Revenue - Barter Transactions Involving
Advertising Services
This version of INT FRS 31 does not include amendments
that are effective for annual periods beginning after 1 January 2014.
INT FRS 31
INTERPRETATION OF
FINANCIAL
REPORTING STANDARD
INT FRS 25
Income Taxes - Changes in the Tax Status of an
Entity or its Shareholders
This version of INT FRS 25 does not include amendments
that are effective for annual periods beginning after 1 January 2014
FINANCIAL
REPORTING STANDARD
FRS 113
Fair Value Measurement
This version of FRS 113 does not include amendments
that are effective for annual periods beginning after 1 January 2014.
FRS 113
CONTENTS
Paragraphs
INTRODUCTION
IN1
OBJECTIVE
1
SCOPE
5
MEASUREM
INTERPRETATION OF
FINANCIAL
REPORTING STANDARD
INT FRS 29
Service Concession Arrangements:
Disclosures
This version of INT FRS 29 does not include amendments
that are effective for annual periods beginning after 1 January 2014.
INT FRS 29
Interpretation o
INTERPRETATION OF
FINANCIAL
REPORTING STANDARD
INT FRS 27
Evaluating the Substance of Transactions
Involving the Legal Form of a Lease
This version of INT FRS 27 does not include amendments
that are effective for annual periods beginning after 1 January 2
INTERPRETATION OF
FINANCIAL REPORTING
STANDARD
INT FRS 27
Guidance on Implementing
Evaluating the Substance of Transactions
Involving the Legal Form of a Lease
INT FRS 27 IG
Guidance on implementing INT FRS 27
This guidance accompanies, but is not part of
FINANCIAL
REPORTING STANDARD
FRS 110
Consolidated Financial Statements
This version of FRS 110 does not include amendments
that are effective for annual periods beginning after 1 January 2014.
FRS 110
CONTENTS
Paragraphs
INTRODUCTION
IN1
OBJECTIVE
1
Meeti
INTERPRETATION OF
FINANCIAL
REPORTING STANDARD
INT FRS 15
Operating Leases Incentives
This version of INT FRS 15 does not include amendments
that are effective for annual periods beginning after 1 January 2014.
INT FRS 15
Interpretation of Financial Repor
INTERPRETATION OF
FINANCIAL
REPORTING STANDARD
INT FRS 15
Operating Leases Incentives
Illustrative Examples
INT FRS 15 IE
Illustrative examples
These examples accompany, but are not part of, INT FRS 15.
Example application of INT FRS 15
Example 1
An entit
INTERPRETATION OF
FINANCIAL
REPORTING STANDARD
INT FRS 10
Government Assistance - No Specific Relation
to Operating Activities
This version of INT FRS 10 does not include amendments
that are effective for annual periods beginning after 1 January 2014.
INT
INTERPRETATION OF
FINANCIAL
REPORTING STANDARD
INT FRS 7
Introduction of the Euro
This version of INT FRS 7 does not include amendments
that are effective for annual periods beginning after 1 January 2014.
INT FRS 7
Interpretation of Financial Reporting S
FINANCIAL
REPORTING STANDARD
FRS 112
Disclosure of Interests in Other Entities
This version of FRS 112 does not include amendments
that are effective for annual periods beginning after 1 January 2014.
FRS 112
CONTENTS
Paragraphs
INTRODUCTION
IN1
OBJECTIVE
FINANCIAL
REPORTING STANDARD
FRS 111
Joint Arrangements
This version of FRS 111 does not include amendments
that are effective for annual periods beginning after 1 January 2014.
FRS 111
CONTENTS
Paragraphs
INTRODUCTION
IN1
OBJECTIVE
1
Meeting the objectiv
FINANCIAL
REPORTING STANDARD
Joint Arrangements
Illustrative Examples
FRS 111
FRS 111 IE
CONTENTS
Paragraphs
1 CONSTRUCTION SERVICES
IE2
2 SHOPPING CENTRE OPERATED JOINTLY
IE9
3 JOINT MANUFACTURING AND DISTRIBUTION OF A PRODUCT
IE14
4 BANK OPERATED JOINTL
FINANCIAL
REPORTING STANDARD
FRS 110
Consolidated Financial Statements
Illustrative Examples
FRS 110 IE
Illustrative examples
These examples accompany, but are not part of, FRS 110.
Example 1
IE1
An entity, Limited Partnership, is formed in 20X1 as a limi