ACCO 4400 - 3008 2.1

Need help with Part 1 and 2 please.

ase Study Research: Your team has been hired to conduct academic research on a financial institution (banking) that operates within the Caribbean region or Europe.  They have outlined critical areas within the organization that they would like you to examine.   Instructions: Case Study Requirements      Select a financial institution that operates within either region      The team needs to describe and assess three banking services that the entity offers and also examine how its operations has managed within the dynamic global environment over the past three years.       Once the review has been completed, your team has been mandated to provide at least five recommendations to improve operations and/or banking services for the period 2024-2026. The recommendations should include but is not limited to, a comprehensive review of the banking services currently offered and how to address any internal or external challenges that may have been identified, along with strengths, weaknesses…

Conduct an in-depth analysis of the Bank of St. Vincent and the Grenadines Ltd financial reporting practices and asset management strategies. Here is the report:  BOSVG-Audited-Consolidated-Financial-Statements-FYE-December-31-2022.pdf (ecseonline.com) Using the report evaluate the following: Property, Plant, and Equipment (PPE) Assessment: This is more specific and is a very good questiona) Describe the company’s PPE section in the balance sheet relative to the total fixed assets of the company’s industry (use quantitative and qualitative summaries to support your description). b) Analyze the accounting treatment of PPE, including depreciation methods employed and any impairments recognized, include a brief summary of the accounting standards and principles included in the decision (reference the Notes that inform your summary). c) Discuss the significance of PPE in the company’s operations and its impact on financial performance and reporting.

E 19-3 Multiple choice Which of the following is considered an exchange transaction under GASB 33? A city receives a federal grant A bus driver collects bus fare from a rider Property taxes are collected from a homeowner An employer withholds state income tax from employee paychecks One would not expect to find fixed asset accounts in the Governmental fund financial statements Proprietary fund financial statements Government-wide financial statements Financial statements of a governmental entity The cash received from the sale of vehicles used by the sheriff’s office should be recorded in The general fund The general fixed assets account group A capital projects fund A debt service fund Which fund follows the modified accrual basis of accounting? General fund Special revenue fund Debt service fund All of the above The simplified governmental fund accounting model is as follows: Assets = Liabilities + Fund BalanceAssets =…

Summarize the impact of foreign exchange rates on the company’s financial statements. What risks do foreign exchange rates pose? Provide academically supported example(s) in your response. What are the two methods used to translate financial statements and how does the functional currency play a role in determining which method is used? Provide academic support in your response. Compose a hypothetical example to demonstrate the translation process using the two methods. Ensure all information is entered accurately.

47. The entry in the books of a government agency with foreign service post to record the receipt of disbursement authority called the Cash Disbursement Ceiling (CDC) includes Debit to Cash-Modified Disbursement System (MDS) Credit to Subsidy from National Government Credit to Cash-Constructive Income Remittance Debit to Subsidy from National Government

67. The accounting division of a government entity uses this record and monitor the movements and balances of inventories. Stock card Stock ledger card Journal entry Special journal

[Choose] a worldwide hypermedia system storing, retrieving, and protecting records permanent storage place for records uses of records for documenting operating funds or other financial purposes a firm's articles of incorporation

What is National Savings Certificate? A. Short-term U.S. government debt obligation B. A fixed - income investment scheme C. A financial product commonly sold by banks, thrift institutions, and credit unions D. An unsecured money market instrument

Matching Federal Debt Collection Practice Act (FDCPA) Federal Credit Billing Act (FCBA) Federal Trade Commission (FTC) Equal Credit Opportunity Act (ECOA) Federal Credit Reporting Act (FCRA) [Choose ] [Choose ] [Choose ] [Choose ] [Choose ] prohibits credit discrimination on basis of sex, race, marital status, religion, national origin, age or receipt of public assistance promotes the accuracy and privacy of information in the files of the nations credit reporting companies enforces the credit laws that protect your right to get, use and maintain credit. establish procedures for resolving mistakes on credit bills and electronic fund account statement applies to personal, family and household debts; prohibits debts collectors from engaging in unfair, deceptive or abusive practices