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You need to demonstrate that you have a firm grasp of your business, the accounting practices that impact your business, the controls needed to safeguard assets, and which accounting system will produce accurate and relevant financial information. Write a six to eight page business plan in which you: Describe the type of business you have created including: The product or service, and general staffing plan.
Provide a rationale for your plan.
The form of your business and the benefits it offers your particular business, A chart of accounts specific to your business, including a rationale as to the selection of each account. It should report the acc 557 – wiley plus homework chapter 1 resources that you will consume in your business fac simile curriculum vitae europeo da compilarethe sources of those resources liabilities and equitythe sources of revenue, and expenditures that you expect to incur to earn those revenues.
You may build a detailed chart that includes business units, divisions, product lines, etc. Suggest how you will incorporate any changes into your books and records. Prepare a pro forma balance sheet and income statement providing the assumptions made and support the valuations assigned.
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Safeguarding assets and protecting personal data are paramount to ensuring the viability of a business. Based on the internal control recommendations that you made, suggest how you will implement each essay on pollution for class 12 your business environment, indicating how challenges or resistances will be overcome.
Evaluate the impact of the regulatory environment, including the Sarbanes-Oxley Act and other regulatory requirements, on your business venture, giving considering to how you intend to comply with the requirements and the general impact to decision making within your business.
- Discuss how you arrived at your assessment.
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- Compute the expected ROI in for the Home Division, assuming the following independent changes to actual data.
- E Fuqua Company’s sales budget projects unit sales of part Z of 10, units in January, 12, units in February, and 13, units in March.
- Disclosure principles, uses of the balance sheet, financial flexibility..
- Reporting The basic accounting equation is in balance when the creditor and ownership claims against the business equal the assets.
Use at least four 4 quality academic resources in this assignment. Wikipedia and other Websites do not qualify as academic resources. Your assignment must follow these formatting requirements: Be typed, double spaced, using Times New Roman font size 12with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
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The cover page and the reference page are not included in the required assignment page length. The specific course learning outcomes scopes monkey trial research paper with this assignment are: Examine accounting principles and concepts used in businesses.
Assess appropriate internal controls, regulatory requirements according to the Sarbanes-Oxley Act, and fraud prevention and detection. Use technology and information resources to research issues in financial accounting. Write clearly and concisely about financial accounting using proper writing mechanics.