Discuss the purpose of accounting in government.

Essay on Governmental Accounting and Reporting: Discuss the purpose of accounting in government. State the basic accounting equation used in government and define each item in the equation. What are the components of government-wide financial statements and fund financial statements, and how do they relate to the accounting equation? Identify the three categories of funds in governmental accounting, the types […]

Explain the objectives and characteristics of an internal accounting system.

You are the manager of an accounting department and would like to hire another managerial accountant to focus on internal accounting. The CEO is not convinced that a managing accountant position is needed. Prepare a 1-2 page memo for the CEO on the following: * Explain the objectives and characteristics of an internal accounting system. * Include an explanation of […]

what aspects of clients’ accounting information systems must be understood by auditing professionals?

Requirements for SAS-109 Analysis: 1. Read Statement on Auditing Standards (SAS) No. 109 in the attached file. 2. Highlight the paragraphs with any occurrences of "information systems" or "information technology", and use the highlighted paragraphs as a guide to create your own document that describes: what aspects of clients’ accounting information systems must be understood by auditing professionals how auditing […]

How can the concept of unit-level activities (from accounting principle) be applied to an airline?

Project: JetBlue Airways: The questions in this assignment are based on JetBlue Airways Corporation. To answer the question, you will need to download JetBlue’s 2008 10-K (annual report at ⦁ www.hoovers.com. Click on the link, do a search for JetBlue Airways then click on the link called SEC filings. Download the 2008 10-K (filed on 2/13/2009) and answer the following […]