Finance

Notes to Financial Statement

Notes to Financial Statement

 

Access EDGAR | Company filings (Links to an external site.) and search for a company of your choice using “Company Name Search.” Once you are on the company’s current page, click on 10-K “Interactive Data.” Tell the class the name of the company you chose and discuss the information provided on their “Notes to Financial Statements” page. Choose a different company than your classmates.

Part 2

A number of software tools (such as Hitachi Xinba XBRL Reader and Analyzer, a Microsoft Excel add-in, Altova MapForce, Rivet Software’s Crossfire and CrossView, and Calcbench) that have been designed to fully exploit XBRL data. Supporters of extensible business reporting language (XBRL) have long touted its potential to transform financial data mining and analysis.

Provide an example of a publicly-traded company/investor/financial analyst that uses XBRL software. How has it aided data mining and analysis? Is it a worthwhile venture?

Requirements: 2 Pages

Part 1

Access EDGAR | Company filings (Links to an external site.) and search for a company of your choice using “Company Name Search.” Once you are on the company’s current page, click on 10-K “Interactive Data.” Tell the class the name of the company you chose and discuss the information provided on their “Notes to Financial Statements” page. Choose a different company than your classmates.

Part 2

A number of software tools (such as Hitachi Xinba XBRL Reader and Analyzer, a Microsoft Excel add-in, Altova MapForce, Rivet Software’s Crossfire and CrossView, and Calcbench) that have been designed to fully exploit XBRL data. Supporters of extensible business reporting language (XBRL) have long touted its potential to transform financial data mining and analysis.

Provide an example of a publicly-traded company/investor/financial analyst that uses XBRL software. How has it aided data mining and analysis? Is it a worthwhile venture?

Requirements: 2 Pages

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Describe the internal control principle of “Risk Assessment”

Describe the internal control principle of “Risk Assessment”

Part 1

Describe the internal control principle of “Risk Assessment” as presented in COSO’s 2013 Framework, SOX 2002 Sections 404 & 302, and PCAOB’s AS 5.

Compare the internal control effectiveness of the Internal Control-Integrated Framework issued by COSO, the Sarbanes-Oxley Act of 2002, Section 404 “Internal Control over Financial Reporting Requirements”, and PCAOB’s AS 5 “an Audit of Internal Control over Financial Reporting that is integrating with an Audit of Financial Statements.”

Part 2

Read the article “Sarbanes-Oxley and Public Reporting on Internal Control: Hasty Reaction or Delayed Action?”. Do you agree with the authors that the COSO 1992 Framework and SOX 2002 Section 404 succeeded in changing the ways companies thought of internal controls over risk assessment? Why or why not?

Requirements: 2 Pages

Please separate the two parts.1PAGE EACH

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Acquisitions

Discussion Question

Please respond to the following:

  • Using the Internet, research acquisitions that are currently underway and choose one of these acquisitions to discuss. Based on the firms‘ characteristics and experiences and the reasons cited to support the acquisition, do you feel it will result in increased strategic competitiveness for the acquiring firm? Why or why not?
  • Of the problems that affect the success of an acquisition, which one do you believe is the most critical in the global economy? Why? What should firms do to make certain that they do not experience such a problem when they use an acquisition strategy?

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Capstone week 6 discussion question.

Capstone week 6 discussion question.

** please answer each discussion question with citations and references, if capstone topic is needed, remember is Bariatric surgery, my mentors name is Veronica Ramirez, if it is needed to mention. Thanks *********

DQ one: After discussion with your mentor, name one financial aspect, one quality aspect, and one clinical aspect that need to be taken into account for developing the evidence-based practice project. Explain how your proposal will directly and indirectly impact each of the aspects.

DQ two: Now that you have completed a series of assignments that have led you into the active project planning and development stage for your project, briefly describe your proposed solution to address the problem, issue, suggestion, initiative, or educational need and how it has changed since you first envisioned it. What led to your current perspective and direction?

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Ratio Analysis

Ratio Analysis

Purpose of Assignment

This week’s focus is on the preparation of financial reports for internal users, such as managers. This case study applies the concepts of managerial accounting, through comparative and ratio analysis, and requires students to identify financial data needed by managers for decision making.

Resources
  • Ratio Analysis Grading Guide
  • Generally Accepted Accounting Principles (GAAP), U.S. Securities and Exchange Committee (SEC)
  • Scenario Worksheet Tutorial help on Excel and Word functions can be found on the Microsoft Office website. There are also additional tutorials via the web offering support for Office products.
Assignment Steps

Scenario: You are a loan officer for White Sands Bank of Taos. Paul Jason, president of P. Jason Corporation, has just left your office. He is interested in an 8-year loan to expand the company’s operations. The borrowed funds would be used to purchase new equipment. As evidence of the company’s debt-worthiness, Jason provided you with facts (available in the attached Scenario Worksheet). Jason is a very insistent (some would say pushy) man. When you told him you would need additional information before making your decision, he acted offended and said, “What more could you possibly want to know?” You responded you would, at minimum, need complete, audited financial statements.

Develop a minimum 700-word examination of the financial statements and include the following:

  • Explain why you would want the financial statements to be audited.
  • Discuss the implications of the ratios provided for the lending decision you are to make. That is, does the information paint a favorable picture? Are these ratios relevant to the decision? State why or why not.
  • Evaluate trends in the performance of P. Jason Corporation. Identify each performance measure as favorable or unfavorable and explain the significance of each.
  • List three other ratios you would want to calculate for P. Jason Corporation, and in your own words explain in detail why you would use each.
  • As the loan officer, what else would you do to gain a better understanding of Paul Jason’s, and the Corporation’s financial picture and why?
  • Based on your analysis of P. Jason Corporation, will you recommend approval for the requested loan? Provide specific details to support your decision.

Format the assignment according to APA guidelines.

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