Forensic Accounting – Employee Fraud – Stealing Inventory
Please explain why “stealing inventory” is one of the most interesting fraud schemes committed by an employee. Provide a short explanation as to what it is and why you find it interesting.
Accounting for the iPhone at Apple Inc.
INSTRUCTIONS:
You receive a call from an Apple investor who asks you the following questions:
1) Why does Steve Jobs believe that the non-GAAP revenue numbers reported by
Apple are a better measure of its iPhone sales than the revenues reported under
U.S. Generally Accepted Accounting Principles (GAAP)? Ensure you explain the
differences in the measurement of Apple’s revenue under GAAP vs non-GAAP as
proposed by the company.
2) Does it matter in assessing the performance of Apple if how revenue is
recognized under GAAP for the sale of smartphones changes to reflect what the
company proposes? Why or why not?
3) Beyond earnings what would be appropriate accounting metrics or measures to
analyze and assess the performance of Apple in comparison to similar companies?
In making this assessment, you are only expected to use the concepts we have
discussed in the course.
You are to prepare a report to address these three questions. Please see the instructions
below regarding this report.
Materials to use (only the ones provided in the files, please do NOT use outside resources to answer the following questions).
The assignment case is: Accounting for the iPhone at Apple Inc. The rest are other materials to be used when referring to it.
For question 3, I want to examine ratio analysis (ROE, protift martin, debt to equity ratio), amongst others you think are appropriate to measure.
please follow all instructions.
You may access only materials from this course for the purpose of this report.
Your report should be no longer than 1,000 words excluding exhibits. The word count limit includes
the entire content of your document (including headings and titles) but excludes exhibits.
The penalty for exceeding the word count limit is 1% for every 50 words (or portion thereof)
over the word limit.
Writer’s Choice
Select one of the following foreign countries: China, Germany, Japan, Mexico or the United Kingdom, and provide a country profile discussing the topics outlined below. In addition, using EDGAR (http://www.sec.gov/edgar.shtml), find the non-U.S. GAAP financial statements for a company from that country.
Prepare a 4-5 page analysis of the country you chose discussing the following:
Compare the accounting profession in your selected country including professional conduct rules.
Identify how the accounting standard are set in that country.
Identify two financial reporting standards that differ from those of U.S. GAAP.
Identify national characteristics unique to the country that influence accounting.
For the two financial reporting standards identified in your paper, use Excel to create an applicable supporting schedule that provides an example of the adjustments that would need to be made to your foreign company’s financial statements for it to comply with U.S. GAAP. Cite all sources using APA Format.
Case study help
I would need a person who knows about this book “Foundations of Strategy (Grant & Jordan) – Wiley”
And answer only from this book (not a copy paste) , it will be a case study with multiple questions below the idea is to apply any suitable principle from the book in order to solve the case study question during 3h. Case study can be 3 pages to read and answers doesnt need to be long, to mention the keywords, explain them and apply them to the answer of the questions
Accounting Fraud Case
Locate a case study, court case, YouTube video, or newspaper article that presents an accounting fraud case in which the employee’s rights were violated during an interrogation, either by law enforcement or by the employer.
In a 2 to 3-page paper, explain (1) what happened and (2) what should have happened.
Be sure to identify and explain which of the employee’s constitutional rights were violated during the interview(s). Include your sources in proper APA format.
Estate Planning
Please answer the following questions
Estate Planning
A. In terms of minimizing tax liability, how would estate planning differ from a partnership to a corporation?
B. For estate planning purposes, what are the advantages of setting your business up as a corporation versus a partnership? Defend your response.
C. Describe your company’s succession plan and whether it aligns with your company’s vision.
D. Based on your responses, what estate planning strategy would be most effective in minimizing tax liability? Why?
Guidelines for Submission: Your paper must be submitted as a 2- to 3-page Word document (excluding the title and reference pages). Use double spacing, 12-
point Times New Roman font, and one-inch margins. For references, use at least one outside source other than the textbook. Sources should be cited using the
latest APA style guidelines.
