What is the difference between audit, attestation, and assurance services?

What are the benefits of assessing the effectiveness of internal controls over financial statements ICFR to the audit process, other than being a requirement of PCAOB? Acct auditing Assignment Question(s): IMPORTANT NOTES: Answer in your OWN words, DO NOT COPY from slides, fellow students, or internet sources without proper citation. Q1. What is the difference … Read more

Select a listed company of your choice from Muscat Stock Exchange.

AUDIT AND ASSURANCE. (Oman arab bank) Select a listed company of your choice from Muscat Stock Exchange. THE COMPANY NAME (Oman arab bank) Download the corporate governance report, annual report, company news and other data (relating to the year 2021) that you require for preparing this report. Write a report of 1000 to 1200 words … Read more

If the annual dividend on preferred stock is $36,000, what is the dividend rate on preferred stock?

How many shares of common stock are outstanding MAISTYLE CORPORATION Balance Sheet (partial) Stockholders’ equity Paid-in capital Preferred stock, cumulative, 10,000 shares authorized, 6,000 shares issued and outstanding $900,000 Common stock, no par; 750,000 shares authorized, 600,000 shares issued 1,800,000 Total paid-in capital 2,700,000 Retained earnings 1,158,000 Total paid-in capital and retained earnings 3,858,000 Less: … Read more

Briefly explain the reasons for choosing the companies as your portfolio of investment

 ANALYSIS OF PERFORMANCE Choose THREE companies to form a portfolio of The companies can be diversified across different industries or from a single industry. Before making any selection, based from the fundamental information that you gathered from the search (for example the companies’ earnings, stock price historical performance, dividends, earnings per share (EPS), beta etc) … Read more

Write Statement of Comprehensive Income for the year ended 31st March 2022

Financial statement Assignment 2 On 31st March, 2022 the following Trial Balance was extracted from the books of Mr. Ben. Debit Balances Rs Credit Balances Rs. Sundry Debtors 20,100 Capital 28,000 Drawings   3,000 Loan on Mortgage   9,500 Bills receivables   6,882 Rent received   250 Interest on Loan 300 Bill Payable 2,614 Cash … Read more

Discuss the similarities and differences between the American Opportunity and Lifetime Learning credits

Taxes question The exam consists of ten questions. Each question is worth fifteen points. show all work on your answer sheets and record your name on your test and all answer sheets. To receive partial credit for incorrect answers your computations must be included with your exam. Mr. Smith (age 52) is a single individual … Read more

How should the annual appreciation in the maturity value of this bond be accounted for?

Do you have to do any research to perform your task properly 14th Ethics HW Answer the following questions in 4 sentences max. While acting as a fiduciary, you recommended that your client buy a particular brand of refueling station to charge her new, electricity- powered car. You told your client that she would be … Read more

Determine the Amount of Goodwill or Bargain Purchase.

Assume Large Corporation Invested $ 600,000 for Small Corporation and the estimated Fair Market Values of Assets, Liabilities and Equity Accounts are as follows:           Assets Amount $ Liabilities Amount $ Account Receivable Inventory LT Marketable Securities PP & E 125,000 50,000 55,000 170,000 400,000   Account Payables Retained Earnings Commons … Read more

How can auditors effectively plan an audit in a dynamic and uncertain environment?

What are the benefits of assessing the effectiveness of internal controls over financial statements ICFR to the audit process, other than being a requirement of PCAOB Auditing Principles and Procedures Assignment Question(s):  (Marks 15) IMPORTANT NOTES: Answer in your OWN words, DO NOT COPY from slides, fellow students, or internet sources without proper citation. Q1. … Read more