Create a flowchart based on the following description of how Orlando University Bookstore orders textbooks. Identify the key elements in the process that will be needed to create financial reports. Mr. Stone has given you an Excel file detailing all of the textbooks from the Orlando University Bookstore sold in the previous month.

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Project Information:
As a new employee a local accounting firm, your first client is the Orlando University Bookstore. Jack Stone, the manager, would like some advice on several aspects of the bookstore’s accounting information system.

Create a flowchart based on the following description of how Orlando University Bookstore orders textbooks.

Identify the key elements in the process that will be needed to create financial reports. Mr. Stone has given you an Excel file detailing all of the textbooks from the Orlando University Bookstore sold in the previous month.

Analyze the data using IDEA. Identify any areas of concern along with the strengths and weaknesses you have identified.

Differentiate between the different approaches for Strategic Development. Apply the key strategic analysis models.

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STRATEGIC DEVELOPMENT

Learning outcomes and pass attainment level:

1. Differentiate between the different approaches for Strategic Development.
2. Apply the key strategic analysis models.

Differentiate between the different approaches for Strategic Development. Apply the key strategic analysis models.

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STRATEGIC DEVELOPMENT

Learning outcomes and pass attainment level:

1. Differentiate between the different approaches for Strategic Development.
2. Apply the key strategic analysis models.

The class is auditing and is a communication-intensive course (high-level writing). Write a four page paper about the HealthSouth Corporation Scandal (2003).

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The Health South Scandal of 2003

The class is auditing and is a communication-intensive course (high-level writing). Write a four page paper about the Health South Corporation Scandal (2003). Paper should be in memo format and be single-spaced but double-spaced between paragraphs. You can use Times New Roman, Arial, Garamond, or Comic Sans, but keep the font size to 12 point. Paper should contain introductory and concluding paragraphs. At least 3 academic or reliable resources must be cited. Cover page and works cited page NOT included in the 4 page total.

Discuss the need for an AIS including the benefits to the bookstore. Submit a 2 page report detailing the bookstore’s need for an AIS, the benefits of the system and how this data will be used to create financial reports.

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Week 1 writing

Writing, using software, and interpreting results is a large part of your learning experience. These assignments are designed to improve your use of technology and communication skills. Using proper business English and resources from the library you will comment and share your research with your classmates. Make sure you note your source in proper APA format.

Project Information:
As a new employee a local accounting firm, your first client is the Orlando University Bookstore. Jack Stone, the manager, would like some advice on several aspects of the bookstore’s accounting information system.

Week 1 Writing Assignment Part 1:
Discuss the need for an AIS including the benefits to the bookstore.
Submit a 2 page report detailing the bookstore’s need for an AIS, the benefits of the system and how this data will be used to create financial reports.

Using Excel create a small pivot table to analyze the data you downloaded. Provide a short explanation of why you decided to use those fields in your pivot table, what conclusion you can make about the data from the pivot table, and the impact this analysis may have on decision making within the organization.

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Week 1 data

Select any data set you find interesting to you on this site (be sure you are downloading the data). Using Excel create a small pivot table to analyze the data you downloaded. Provide a short explanation of why you decided to use those fields in your pivot table, what conclusion you can make about the data from the pivot table, and the impact this analysis may have on decision making within the organization. Provide a copy of your pivot table for others to view.

From the following information, prepare an Income Statement, Statement of Owner’s Equity, and Balance Sheet for the month of May of the current year.

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Balance Sheet

Assignment Details Assignment Description From the following information, prepare an Income Statement, Statement of Owner’s Equity, and Balance Sheet for the month of May of the current year.

My Work: Online Deliverables: Submissions
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Cash

Accounts Receivable

Equipment
Notes Payable
Accounts Payable
S. Jones, Capital
S. Jones, Drawing
Service Revenue

Telephone Expense

Rent Expense
Advertising Expense
$12,000
16,000
350
16,500
550
350
1,100
$13,000
12,000
18,000
6,000

$49,000

$49,000

Submit your assignment. For assistance with your assignment, please use your text, Web resources, and all course materials.

What was the original cost of Property, Plant and Equipment for each company? How much depreciation has been recorded over the life of the assets? Based on this information only, which company’s asset are most likely older?

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Audited financial statements

Instructions:
Meet with your group and answer the questions below. Use the audited financial statements and notes as your primary source documents. Show your work for any calculations. Be sure to check each other’s work and proofread.
1. Revise questions 1 – 16
2. Answer questions 17 – 20 below.

Questions 17 – 20:
17. Refer to the notes to the financial statements for each company for the most recent year. What was the original cost of Property, Plant and Equipment for each company? How much depreciation has been recorded over the life of the assets? Based on this information only, which company’s asset are most likely older? (8 points)

18. Calculate the current ratio for each company for the past two years. Which company has the stronger ratio? Are you concerned about liquidity at either company? Why? (6 points)

19. What is the par value per share of each company’s stock? How many shares were outstanding as of the most recent balance sheet date? Does either company show a balance for treasury stock? Where did you look to answer these questions? (7 points)
20. Which method, direct or indirect, does each company use to prepare the Operating Activities section? How can you tell? (4 points)

Why was nominal GDP (Table 1.1.5) greater than real GDP (Table 1.1.6) in each of the quarters shown? Calculate the percentage change in nominal GDP and real GDP for the most recent 2 quarters? One quarter to the next.

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Bureau of Economic Analysis

Visit the Bureau of Economic Analysis Web site, www.bea.gov (Links to an external site.), and access the BEA interactively by selecting:

  • Under “Principal Federal Economic Indicators,” select “Gross Domestic Product” and then
  • Select the orange button, “Explore Product View”
  • Scroll down and select “Interactive Data, then GDP and the National Income and Product Account (NIPA) Historical Tables.”
  • Select “Section 1- Domestic Product and Income”
  • Use Tables 1.1.5 and 1.1.6 to report nominal GDP and real GDP for the past four quarters.

Answer the following questions using the data you find:

  1. Submit quarterly data for nominal and real GDP for the last 4 quarters.
  2. Why was nominal GDP (Table 1.1.5) greater than real GDP (Table 1.1.6) in each of the quarters shown?
  3. Calculate the percentage change in nominal GDP and real GDP for the most recent 2 quarters? One quarter to the next.
  4. Click the tab at the top “NIPA Tables,” select Table 1.1.1, click the modify button, select 2012 as the first year, select 2021 as last year, click on annual, then select Refresh Table. Calculate the average growth rate (Just add them up and divide by 10.) across the ten years selected. How does that growth rate compare to our long run average growth rate of about 3%?

Expand the graphic organizer created in Topic 3 and analyze your collected data and report on the findings of your data collection.

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Analyzing Data

In order to plan for change, data collection and analysis need to take place in the research cycle. The analysis process helps a researcher plan for improvements by answering the vital question, “What does the data reveal?” Professionals may gain a deeper understanding of the learning environment when data is analyzed and combined with research investigations.

Expand the graphic organizer created in Topic 3 to analyze your collected data and report on the findings of your data collection.

Include the following in the expanded graphic organizer:

  • Themes or patterns found in the collected data
  • How the information is relevant to the research questions
  • Unexpected information revealed by the data, or additional research questions raised by the data
  • Actionable steps which may be implied or informed by the data
  • Support your work with 3-5 scholarly resources.