Cost-volume-profit analysis

GET ANSWER – Explain why cost-volume-profit analysis is important for a company. What does the company need to understand about its costs to be able to perform CVP analysis (i.e., which cost classification?)? How might a company that has converted from a highly...

Internal Controls over Cash

Internal Controls over Cash The following are deficiencies in internal controls over cash. 1. When the cashier isn’t available, Amy prepares both the deposit and opens the mail. 2. The mail clerk may not prepare a remittance advice for the A/R department if a...

Data Analytics and Excel

Data Analytics and Excel Reference the Excel file containing financial information from footnote disclosures and substantive analytical procedures using data analytics from your instructor. PharmaCorp will be used as the main analytical procedure tasks you will want...

AICPA Professional Code of Conduct

AICPA Professional Code of Conduct The following scenarios might constitute a violation of the AICPA’s Code of Professional Conduct. Access the Code of Professional Conduct – https://us.aicpa.org/research/standards/codeofconduct Then select Table of...

Internal Controls over Cash

Internal Controls over Cash The following are deficiencies in internal controls over cash. 1. When the cashier isn’t available, Amy prepares both the deposit and opens the mail. 2. The mail clerk may not prepare a remittance advice for the A/R department if a...

Porter Gale Corporation

Porter Gale Corporation is a publicly-traded company. You are completing an audit at their headquarters and will conduct a test of controls over revenue recognition using attributes sampling. You will use the results as part of the evidence on which to base your...