How much should companies pay to motivate their employees after the pandemic crisis? Assume that the company was financially affected by the pandemic crisis; to what extent should the company provides benefits to their employees?

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Issues of compensation and benefits in Malaysia

Relate what have been discussed in the articles with the issues of compensation and
benefits in Malaysia.

b. Based on the article by NSTP, entitled ‘Extensive study to revamp employee benefits amid Covid-19 effects’, criticize;

i. How much should companies pay to motivate their employees after the pandemic crisis?
ii. Assume that the company was financially affected by the pandemic crisis; to what extent should the company provides benefits to their employees?

Article link : https://www.nst.com.my/business/2021/05/687400/extensive-study-revamp-employee-benefits-amid-covid-19-effects

Were the study participants representative of the U.S. population in current salary, when the Current Population Survey shows a median weekly wage/salary for adult full-time workers of $671?

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Mini project

Participants and Results

I. Background information and Directions:
Participants in a research study on jobs and wages were surveyed about their past and present salaries and their job experience. Your task is to analyze the data and report your findings using text, tables, and figures.

The SPSS data file miniproj_employee_data_f21.sav can be downloaded from the Blackboard.

Your response to this assignment should be in the form of a typewritten report in APA style. The text should be in a 12-point font such as Times New Roman or Calibri, double-spaced, with 1- inch margins. Figures and tables should be in APA format and placed at the end of your report, appropriately labeled, and printed clearly in black and white—no color. Figure and Table numbers should coincide with the references in your written narrative. Do not provide more tables and figures than required by the assignment; do NOT provide printouts of SPSS output. Consult your textbook and the Publication Manual of the American Psychological Association, 7th edition, on reserve at the Hunter College Library, for format/style guidance.

For APA written style, see examples in textbook. Online resources: Purdue OWL site (https://owl.english.purdue.edu/owl/section/2/10/)
APA style (http://www.apastyle.org/learn/index.aspx)

II. Report to be submitted with the following two sections:

Paragraph 1: Participants
Use appropriate variables from the file “miniproj_employee_data_f21.sav” to describe the participants in the sample. Report the following sample characteristics: sample size, number and percent minority, gender breakdown, job categories, age, and years of schooling. Be sure that you choose appropriate statistics (frequency tables, means, medians, modes, range, quartiles, variances, and/or standard deviations) based on the type of data you are describing.

Write one paragraph describing the participant group. Explain your choice of statistics where appropriate; e.g., if you choose to report the median instead of, or in addition to, the mean, explain why. Construct and refer to a figure that represents the values of one selected categorical variable. Construct and refer to a table that shows the frequencies and percent frequencies of a second selected categorical variable.

Paragraph 2: Results

Descriptive: Use appropriate statistics to describe participants’ survey results on four variables: initial salaries, current salaries, months since hire, and months of previous experience. Choose appropriate statistics to describe the central tendency and the variability of the sample on these variables, explaining your choice of statistics as needed. Write one paragraph that reports your findings on all four variables. Construct and refer to a table that presents descriptive statistics for at least two variables. Construct and refer to a figure that represents an aspect of a variable’s distribution that is important and can be expressed well through the selected graphic.

Inferential:
Research question: Were the study participants representative of the U.S. population in current salary, when the Current Population Survey shows a median weekly wage/salary for adult full-time workers of $671? To answer this question, you should run inferential statistics. You should run a comparison using SPSS. Then, you can write up your answer to this research question as a separate paragraph or as part of Paragraph 2.

NOTE: For running SPSS, you can work in groups of 2-3 people. However, the write-up of the report and construction of figures and/or tables should be done individually Please do not cut and paste tables from SPSS printout in your report. You need to select pertinent information from the printout and construct appropriate tables, graphs, and/or charts, according to APA formatting guidelines.

Discuss what Anglo American’s 2020 balance sheet would have looked like without the South African thermal coal operations. If you can quantify the impact, do so, and assume that any difference between the assets and liabilities to be removed in the demerger is applied to retained earnings. Discuss whether the loss of these assets and liabilities is material, and whether the financial position of the company is better or worse without them.

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Final Exam

Background:
In June 2021, Anglo American plc, one of the worlds largest mining companies, announced a “demerger” of its thermal coal operations in South Africa. In the company’s press release, the CEO said this move was “a responsible transition from thermal coal.”

As you know, a merger is when one company buys out the shareholders of another company and takes over its assets and liabilities. A demerger is when a subset of Company A’s assets and liabilities are transferred to a newly created Company B, and the shares of Company B are distributed proportionally to the shareholders of Company A.

Anglo American transferred all the assets and liabilities related to its South African thermal coal operations, to a new company called Thungela Resources Limited. The shares of Thungela were given to the shareholders of Anglo American, who received one share in Thungela for every 10 Anglo American shares they owned.

Anglo American held onto all its other mining operations, including its metallurgical coal operations. Thermal coal is primarily burned in electrical power plants to produce steam which is then converted into electricity. Metallurgical coal is primarily used to heat blast furnaces in the steelmaking industry.

Scenario:
You work for an “green” investment firm with significant holdings in Anglo American. Because your firm tries to invest in environmentally friendly companies, senior management is excited about Anglo American’s move away from thermal coal. At an upcoming board meeting, the directors will be discussing the implications of Anglo American’s demerger. You have been asked to provide a briefing note to help the directors prepare properly for the meeting.

While the board is interested in knowing what the financial impact of the demerger will be on Anglo American, they also want to assess the quality of Anglo American’s financial disclosures. You have therefore been asked to base your note entirely on the most recent annual report of Anglo American, dating from six months before the demerger.

Requirements:
You have been instructed to address the following points in your briefing note. (The column of percentages indicates the weight of each section for grading purposes.)

1. Impact on Balance Sheet
Discuss what Anglo American’s 2020 balance sheet would have looked like without the South African thermal coal operations. If you can quantify the impact, do so, and assume that any difference between the assets and liabilities to be removed in the demerger is applied to retained earnings. Discuss whether the loss of these assets and liabilities is material, and whether the financial position of the company is better or worse without them.

25%

2. Impact on Income Statement
Discuss what Anglo American’s 2020 income statement would have looked like without the South African thermal coal operations. If you can quantify the impact, do so. Discuss whether the loss of these revenues and expenses is material, and whether the financial performance of the company is better or worse without them.

25%

3. Quality of Disclosures
Discuss the appropriateness and usefulness of Anglo American’s disclosures regarding its thermal coal operations. Specify what information is missing, if any, that would have made more accurate answers possible for points 1 and 2 above.

20%

4. Environmental Goals
Discuss, in general terms, the overall impact of this demerger on Anglo American’s environmental goal of making “a responsible transition from thermal coal.”

10%

5. Overall Evaluation
Evaluate the demerger decision overall, taking into account the above financial and environmental impacts. How does Anglo American benefit from this demerger? Was this a good decision? Justify your answer.
20%

What are some shortcomings of multi-product even analysis? How does demand and resource constraints affect this type of analysis.

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Cost value profit

Start with an introduction and end with a summary or conclusion. Use headings.

What are some shortcomings of multi-product even analysis?

How does demand and resource constraints affect this type of analysis.

Explain how the above-listed transactions would theoretically affect her sole proprietor business taxable income. Use tax provisions of the most recent Tax Reform Act.

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Accounting-Tax-Business Transactions Deductions Methods

Prepare a research paper on deduction methods. Your research should rely on the case below:

Zoe had the following events in her business in 2018. Her business locates, purchases, and refurbishes collectible assets for its clients. Zoe uses the accrual accounting method but does not maintain significant inventory.

1. Zoe received a contract to sell gadgets to the city, provided that tested samples functioned properly. In December 2018 that would be tested in February 2019 worth $24,000. The cost of these gadgets was $17,000.

2. Zoe paid $360 to entertain a client from out of town. The client did not discuss business with Zoe, but she would like to keep in touch and to encourage future business deals in the following years.

3. On November 1, 2018, Zoe paid $1,200 for $80,000 life insurance on her key executives over the next 12 months.

4. At the end of the year, the business reported $18,000 of accounts receivables with an estimated $4,000 of uncollectibles.

5. In December 2018, Zoe rented equipment to complete jobs and paid $6,000 for three months of rent required as a minimum by the leasing company or $2,000 per month. The job was competed before the end of the year, but the equipment was returned at the end of February 2019, the end of the lease.

6. Zoe hired a new marketer and send him to Atlanta for a week to contact out of state clients. The employee was reimbursed for the following expenses: $600 for airfare, $700 for lodging, and $500 for meals and entertainment. Each expense had adequate documentation to support the business purpose as an established policy.

7. Zoe usually uses her personal Mercedes-Benz to commute to her office. She uses the Lexus for business travel from the office. However, the Lexus broke down in one month, so she was forced to use her Mercedes to attend business functions and events in addition to commuting. She accumulated 240 miles for business purposes and 46 miles commuting from home to work and back (ignore other mileage for the year). Zoe uses the standard mileage rate to determine her auto-related business expenses.

8. Zoe visited her parents in Omaha over the Christmas holidays. While there, she spent $100 to attend a half-day business seminar. Zoe paid $400 for airfare, $100 for meals during the seminar, and $40 on Uber transportation to the seminar.

Requirements:

• Explain how the above-listed transactions would theoretically affect her sole proprietor business taxable income. Use tax provisions of the most recent Tax Reform Act.

• Determine the impact of each of these transactions on Zoe’s taxable income.

• Fill out the proper tax form that Zoe must complete to account for these transactions. Convert it to a Word document from a PDF or embed your PDF into the Word document.

Select a business process, describe the inputs and outputs, and define the job roles. Evaluate the current process effectiveness, estimate the cost of the process, and propose any improvements for management’s consideration.

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Unit VI Scholar Activity

Business Process Costing
For this assignment, you will explain managerial concepts as they pertain to business process costing. You will select a business process, describe the inputs and outputs, and define the job roles. In your paper, you will evaluate the current process effectiveness, estimate the cost of the process, and propose any improvements for management’s consideration. Be sure you have reviewed the assigned chapters and required unit resources on business process management.

Instructions:
Consider a business process using a firm with which you are familiar. Business processes include the following tasks:
Developing and managing products and services,
Marketing and selling products and services,
Managing customer service,
Developing and managing human capital,
Managing information technology.

Once you have identified the firm and business process, select, describe, and discuss the business process by elaborating on the following information:
What starts and what ends the process (inputs and outputs),
What roles (jobs) participate in the process (map them),
The effectiveness of the current process,
The cost of the process (document any assumptions),
Any improvements for management consideration.

Outline your reasons for considering the Sprott MAcc Program. Describe how your professional and personal experience has contributed to your interest in becoming a Chartered Professional Accountant.

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Statement of Intent

Your statement of Intent should be less than 1000 words. You are required to answer each of the three questions below in your statement.

1. Outline your reasons for considering the Sprott MAcc Program.

2. Describe how your professional and personal experience has contributed to your interest in becoming a Chartered Professional Accountant.

3. If you are ultimately admitted to the Sprott MAcc program, describe how you believe completing the Sprott MAcc will enhance your ability to achieve your career goals

Define the term “property rights” and explain why the lack of well-defined and enforceable property rights is detrimental to the smooth functioning of a market system.

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Property rights

Define the term “property rights” and explain why the lack of well-defined and enforceable property rights is detrimental to the smooth functioning of a market system.

Analyse and evaluation the influence economics, policies and government can have on accounting standards and financial reporting.

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International Financial Reporting

Analyse and evaluation the impact accounting and financial reporting have on society by considering appropriate stakeholders.

Analyse and evaluation the influence economics, policies and government can have on accounting standards and financial reporting.

 

What are the ethical considerations in this case? Who are the stakeholders that are harmed or benefited in this situation? Should Tiffany continue the practice started by Jay? Does she have any choice?

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Ethics role in business and in the accounting profession.

Ethics play a vital role in business and in the accounting profession. Here is an opportunity to connect your current learning about inventory with the profession’s commitment to ethics.

EC5: Tiffany Lyons was just hired as the assistant treasurer of Key West Stores, a specialty chain store with nine retail stores concentrated in one metropolitan area. Among other things, the payment of all invoices is centralized in one of the departments Tiffany will manage. Her primary responsibility is to maintain the company’s high credit rating by paying all bills when due and to take advantage of all cash discounts.

Jay Barnes, the former assistant treasurer who has been promoted to treasurer, is training Tiffany in her new duties. He instructs Tiffany that she is to continue the practice of preparing all checks “net of discount” and dating the checks for the last day of the discount period. “But,” Jay continues, “we always hold the checks at least 4 days beyond the discount period before mailing them. That way, we get another four days of interest on our money. Most of our creditors need our business and don’t complain. And, if they scream about missing the discount period, we blame it on the mailroom or the post office. We’ve only lost one discount out of every hundred we take that way. I think everybody does it. By the way, welcome to our team!”

Weygandt, J. J., Kimmel, P. D., & Kieso, D. E. (2021). Accounting principles (14th ed.). Hoboken, NJ: Wiley.

What are the ethical considerations in this case?
Who are the stakeholders that are harmed or benefited in this situation?
Should Tiffany continue the practice started by Jay? Does she have any choice?
Which Code of Conduct principle would you act on from the professional codes of conduct guiding ethical behavior in this field (Provide the name of the organization, and the code of conduct that pertains to why you act, and then provide the URL for your source)?
Based on your chosen code of conduct principle(s), what would you do (step-by-step) in order to act in accordance with your chosen principle to address this situation?