BakFirn Corporation, accounting assignment help

The BakFirn Corporation, a publicly traded firm, has contracted with YOUCPA, your public accounting firm, for an audit. The BakFirn Corporation manufactures specialty construction tools. The tools are used in the unique construction of homes, warehouses, and multiunit dwellings. The prices range from $1,000 to $5,000 per unit.

During the audit, the audit team has determined the risk assessment of the client. Consequently, the audit has to respond to the assessed risks of material misstatement at the financial statement and assertion levels. The YOUCPA audit team has asked you, the auditor, to prepare a list of actions that you will take to assess the audit risk.

The following information is available in the year just finished:

  • The BakFirn Corporation end-of-year is 12/31/20XX.
  • Sales for the previous year were $10,000,000. Sales this year are coming in at $9,500,000.
  • The firm is in the construction machine industry, making specialty tools.
  • Account receivable days sales outstanding (DSO) has been averaging 90–120 days. The year before, it was 80–90 days.
  • Inventory turns have decreased from 3 to 2 per year.
  • Account receivable and inventory make up 80% of total assets.
  • Internal auditing has been reduced by one person to reduce costs.
  • An initial test of controls in cash receipt indicated a lack of following procedures.
  • The construction industry is in the third year of a downturn. It is forecasted to last two more years.
  • The audit team has defined materiality to be focused on account receivable and inventory with $3,000 being the initial threshold. Net income for last year was $1,000,000.
  • Inventory at the end of the year was $2,500,000.
  • Account receivable at the end of the year was $2,740,000, or 100 DSO.
  • The previous auditors did not disclose any fraud or any management issues at the meeting with BakFirn and YOUCPA. The reason for the auditor change was explained as a costs reduction program.

Assignment Guidelines:

  1. Audit Assessment Steps:
    1. What is the initial audit risk? High, medium or low?
    2. What factors made you decide on this level?
  2. Audit Plan Assertions
    1. What would you include in the audit plan, and why?
    2. Would you plan a test of controls or substantive tests? Why or why not?
    3. Would these tests make a difference in the nature, timing, and extent of audit procedures? If so, how?
  3. Audit Plan Evidence
    1. Would you plan to put reliance on prior-year evidence? Why, or why not?
    2. Would your evidence come from observation, analytical procedures, or other means? Explain your reasoning.
    3. Would the evidence prove or disprove an assertion on the reliance of a specific balance sheet account or financial statement account? Explain your reasoning

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Product or service selection, marketing homework help

Please use a minimum of 2 scholarly sources to complete a 2-page paper in which you:

*A note about scholarly and credible sources: Scholarly sources are peer reviewed or published in a recognized scholarly source, like a journal or a university publisher. You will find these through the Rasmussen Online Library. Credible sources are reliable, accurate, and trustworthy. These sources are written by authors respected in their fields of study (all scholarly sources are credible sources). You want to identify sources where the author of the article is listed, if they’ve referenced other information, the sources should be cited so that you can check for the accuracy of and support what they have written. Wikipedia is not considered a credible source. For more information on credible sources, please visit the Rasmussen Online Library.

  1. Discuss the product or service you plan to launch and explain why you selected it.
  2. Include a preliminary discussion of who the target audience is for the product/service.
  3. Outline the value that the selected product/service will deliver to the target consumer.
    • Please note that you will use the same product/service throughout the duration of the course project, so please choose wisely! Remember products will work better than services for this project. If you choose an existing product, it should be different, in some way, than the product already in the market.
    • Make sure to write your paper utilizing proper APA formatting guidelines, and to include an APA formatted title page. Use NoodleBib to document your sources and to complete your APA formatted reference page and in-text citations.
    • Tone and grammar are extremely important when writing. You will need to submit your letter to “Grammarly” which a free service for Rasmussen students, prior to submitting your paper to the drop box. Once you’ve made all of your suggested grammar corrections, submit your paper to the Drop Box, along with your Grammarly PDF report as a separate attachment. Your goal is to obtain a Grammarly score of 90 – 100%.

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Is a “Low-Cost” strategy the same as a “Low-Price” strategy?, discussion help

1. Is a “Low-Cost” strategy the same as a “Low-Price” strategy? State your opinion and give actual examples from companies to back up your position. DO NOT use the same examples that are cited in discussion threads before your posting

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2. What are the specific resources and capabilities that Disney might be able to share across the traditional family-oriented businesses and their new ventures? Internally, Disney executives view one of their dynamic capabilities as that of being the best at creating world-class entertainment within financial constraints. What are your thoughts on this view? As you think about Disney, and what you view as its resources and capabilities, what arenas should it consider for future diversification or diversification moves?

3. Select a real life example of how does globalization affected organization structure and explain.

Describe organizational solutions to the problems caused by dynamic environments? Give examples.

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Select and compare the “organizational fit” using two different leaders, management homework help

The leaders that you are comparing has to be approed first

Select and compare the “organizational fit” using two different leaders: Charismatic style verses a transformational style  This should be done by finding appropriate case studies featuring each leader’s style (these cases can be from the textbook or other sources; however they can NOT be ones which were already used in other assignments).  By analyzing each case, determine and then explain in your paper if the leaser’s particular style is a good fit for the organization. 

For example, you may find that in some cases that the leader’s style was a good fit at one point in the organization’s history but over time the leader’s style no longer matches the organization because the leader’s style changed or the organization’s needs changed.  On the other hand, your research and analysis may uncover other things about the two leader’s styles.  Use good critical thinking techniques and do not just recite facts.  We are looking for cause and effect.

Also in your paper, you should address the characteristics of a charismatic leader and a transformational leader.  Explain what criteria you used to determine each leaders style based on the style characteristics shown in our textbook or other credible sources. 

Research Paper (LO-1)

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Ethics Paper, management homework help

Write a 700- to 900-word paper in which you do the following:

·  Explain the role of ethics and social responsibility in developing a strategic plan while considering stakeholder needs and agendas.

·  Include at least one example of a company overstepping ethical boundaries for stakeholder agendas, and what types of preventative measures could be taken to avoid this type of situation.

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what are epics, marketing assignment help

Epics are the way a culture explains itself to itself, and our culture has a billion-dollar story telling industry. choose a film or book which you believe qualifies as an “epic” and write an essay demonstrating how it addresses a universal human concern and reference “Gilgamesh” to show that this concern was already present at the dawn of recorded story telling. This should be an essay of at least 900 words, in standard five paragraph academic format.

I also need 3 sources

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identify three data collection tools, marketing homework help

Please identify three data collection tools (ex: mail/phone surveys, intercept/arranged interviews, focus groups, Internet cookies) that you could use to survey possible stakeholders. After choosing your data collection methods, please answer the following questions:

  1. Statistically speaking, does your data collection method have a high or low participation rate?
  2. What information would you like to uncover during this process?
  3. Does your survey instruments violate HIPAA or any other healthcare laws?
  4. How can it benefit your organization?
  5. Please list two questions that you will include on your survey or questionnaire.

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Economics 2.2

Use the information in the following table, which summarizes the payoffs (i.e., profit) to two firms that must decide between an average-quality and a high quality product, to answer the questions that follow:

    Firm 2  
    Average Quality High Quality
Firm 1 Average Quality 600, 600 400, 1100
  High Quality 1100, 400 900, 900

What is the Nash equilibrium strategy in this game? Is this an example of a prisoner’s dilemma game? Why or why not?

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Thinking, Reasoning, and Language, business and finance homework help

1. Click here to open the online library. 2. Locate and click on the database titled ABI/Inform Complete. 3. Then, search for the article by typing the following title into the search field (you must include the quotation marks): “Andersen implosion over Enron: an analysis of the contagion effect on Fortune 500 firms”. 4. Finally, locate and click on the link labeled Full text. After reading the article, draft a two-page paper by explaining what you learned about accounting and finance. You can include any reflections related to the article; however, address in paragraph form at least the following in your two-page paper:  What specific actions (or lack of) led to Enron’s bankruptcy?  What types of fundamental accounting and auditing practices eventually contributed to the fraud performed by Enron?  Briefly describe the ethical environment that led to the fraud.  How did Enron’s bankruptcy impact the financial markets for Enron’s competitors?  Briefly describe what you learned about the importance of the auditing process. Click here to download a template for this assignment. In APA Style, the template includes a title page and reference page. 

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Marry Anne Crouse Supreme Court Case of 1838, law homework help

: Please respond to each essay question/case scenario in typewritten form. Make sure to answer each and every component of the question set. You can use your textbook and any lecture notes that you have taken in responding to the questions/scenarios. It is expected that your responses be your own work and not the result of a collaborative effort.

  1. Summarize the Marry Anne Crouse Supreme Court Case of 1838. Describe the events that precipitated the case. Delineate the verdict of the case. Then discuss the case’s impact on and significance for juvenile justice’s philosophy, protocols, and practices. What did the case mean for parental rights? What did this case mean for the rights of children in the juvenile justice system? How long did this verdict stand? Why would this case be troublesome to an individual right’s advocate? (7 points)
  1. Explain the differences between retributive approaches to juvenile justice and restorative approaches to juvenile justice. In your view, which of the two approaches is most congruent with the historical philosophy of parens patriae? Explain. In your view, which of the two approaches provides more justice for victims? Explain. (7 points)
  1. Jerry Roberts, a 15 year-old boy, developed a crush on his teacher who was single and lived alone. Jerry began asking the teacher if she would go on a date with him. The teacher told the boy repeatedly that he was being inappropriate. The boy then approached the teacher and tried to kiss her. He was immediately sent to the principle’s office. After that incident, the boy became reserved in class. A few nights later, the doorbell rings at the teacher’s house. She answers and sees Jerry at the door. She states, “Jerry you must go home, it is not right for you to be here.” Jerry pulls out a hunting knife and says, “You had no right to turn me away @#$%. Now you’re going to make Jerry happy.” He forced her into the house and raped her five separate times throughout the night. He then choked her until she fell unconscious. He then slit her wrists and placed her in the bathtub. The teacher’s mother stopped by the next day because they always went to breakfast in the morning. She had a key to her daughter’s house. When her daughter did not answer she went in. She discovered her daughter and called 911. The teacher was taken to the hospital and remarkably survived. She conveyed all of the details of the crime to the police. Because of the boy’s age, he was referred to the juvenile court. The judge was outraged by the brutality of the case. The parents demanded to know what their son, Jerry, was being charged with. The judge and juvenile court complied with their request verbally via telephone. At the end of the adjudicatory hearing, finding Jerry guilty by a preponderance of the evidence, the juvenile court judge sentenced Jerry to a secure detention facility until the age of 21. Jerry spent two weeks in the facility. After extensive evaluation, the juvenile detention administrators wrote the judge telling him that the boy lacked remorse and was beyond rehabilitation. Upon hearing the report, the judge ordered that Jerry be released from the detention facility and then unilaterally without a hearing remanded him to adult court. The adult court convicted Jerry of 5 counts of aggravated rape and attempted murder. The judge ordered that Jerry serve two life terms in Colorado’s maximum-security prison.

You have been retained by Jerry Roberts to represent him in filing appeals. The lower appellate court is willing to hear your case. On what grounds would you appeal Jerry Robert’s conviction? In your appeal, be sure to identify any and all applicable procedural requirements, court precedents, and/or judicial rulings that would support your appeal. Do you believe you will win the appeal? Why or why not? (7 points)

  1. Julia Schaeffer, a 13 year-old girl, was caught by her coach abusing prescription drugs in the locker room at her school. Upon reviewing the details of the incident, the principal of the school referred Julia to the juvenile court despite her parent’s pleas not to. Once before the juvenile court judge, the parents requested to know for what their daughter was being adjudicated. The judge rebuked the parents saying, “You should already know what your daughter is doing, and if you don’t then your indifference disqualifies you from knowing the charges.” Without a hearing, the juvenile judge immediately and unilaterally ruled that Julia serve two years in a juvenile detention center as punishment for her offense. The parents objected to the ruling demanding that their daughter receive a jury trial. The judge responded, “I don’t need to provide a jury trial in my state.” The parents also told the judge that their daughter should have been provided counsel when she was referred to the juvenile court. The judge replied, “Your daughter did receive counsel. She was assigned an officer from the probation department to represent her when she was referred to the court.”

The parents, infuriated, call your law office. They retain you as counsel to file appeals on their daughter’s behalf. The lower appellate court agrees to hear the case. In presenting your case to the appellate court, on what grounds would you make your appeal? In your client’s defense, be sure to identify any and all applicable procedural requirements, court precedents, and/or judicial rulings that would support your appeal. Do you believe you will win the appeal? Why or why not? (7 points)

  1. Ted Thompson was a 13 year-old boy who was caught vandalizing, painting gang graffiti on residential houses. He was brought before the juvenile court. Ted and his parents were notified, in writing, of the charges being levied against Ted. After a review of the boy’s social history, it was discovered that both his parents were drug addicts and that Ted had turned to gangs as a replacement family. He had dropped out of school and regularly drank and used drugs. The judge determined that Ted was likely to one day become a hardened criminal who would likely pose a “serious risk” and a “danger” to the community in the future. The judge proceeded to send Ted Thompson, his family, and his attorney written notification that a detention hearing was going to be held. The judge then held the detention hearing at which it was determined that Ted Thompson should be detained until his involvement in the offense can be determined at an adjudicatory hearing. The judge proceeded to send Ted, his family, and his counsel written documentation of his decision. Two weeks later, the judge held an adjudicatory hearing to decide whether Ted Thompson was involved in the offense with which he was charged. Ted was found to be involved. The judge then ordered a dispositional hearing to determine if Ted should be placed in juvenile detention until rehabilitated. The hearing was held and the judge ordered that Ted be placed in a juvenile detention facility for treatment. The judge then submitted into the court record a written delineation of the reasons for his dispositional decision.

Ted retains you as his attorney to file appeals on his behalf. The lower courts refuse to overturn the conviction. The case is accepted by the Supreme Court for review. On what basis would you appeal Ted Thompson’s conviction? In your defense, be sure to identify any and all applicable procedural requirements, court precedents, and/or judicial rulings that would support your appeal. Do you believe you will win the appeal? Why or why not? (7 points)

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