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Describe which organizations have authority over government and not-for-profit auditing standards.

Describe which organizations have authority over government and not-for-profit auditing standards. Part 1 review the NACUBO (Links to an external site.) website. Research the NACUBO organization. Describe in your own words the reason this organization exists, what impact it has on college and university financial reporting, and the authority it has over standard setting for financial reporting … Read more

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Discuss how can management control cash.

Discuss how can management control cash. Prior to beginning work on this discussion forum, read Chapter 6 in the course textbook, Using Financial Accounting Information: The Alternative to Debits and Credits. After reading Chapter 6 in the textbook, address the following: Discuss how can management control cash. Your discussion should include what tools management may … Read more

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There are multiple ways a company can control cash

There are multiple ways a company can control cash Rebecca Cline There are multiple ways a company can control cash. The tree methods are implementation of a cash budget, bank reconciliation, as well as petty cash funds. Petty cash is defined as cash or currency that is kept on site to be used for immediate … Read more

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Using your selected company’s financial statement, Calculate the average life, average age, and asset turnover ratios.

Using your selected company’s financial statement, Calculate the average life, average age, and asset turnover ratios. Prior to beginning work on this discussion forum, read Chapters 7 and 8 in the course textbook, Using Financial Accounting Information: The Alternative to Debits and Credits. You may consider using the same company and annual report that you … Read more

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Analyze Signet Jewelers. Signet Jewelers uses the straight-line deprecation method.

Analyze Signet Jewelers. Signet Jewelers uses the straight-line deprecation method. Rebecca Cline For this discussion, continue to analyze Signet Jewelers. Signet Jewelers uses the straight-line deprecation method. Average life = 741.9 /178 = 4.17 years Average age = 1064.7/178 = 5.98 years Asset turnover ratios = 2223.7/6299.1 = 35.3%(FY 2020 Annual Report, 2020)Signet Jewelers gets … Read more

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