Chapter 1, Problem 8EYCT

From the SEC’s websiteLinks to an external site., access any company’s recent 10-K (within the last two years) and review the Management & Discussion Analysis (MD&A) and the Auditor’s Report (Report of Independent Registered Public Accounting Firm).  Share the following: Discuss one item from the Management & Discussion Analysis (MD&A) that you found interesting. From the Auditor’s Report, share your thoughts on the information provided in the report. Do you have any concerns?

If you were given the task of creating a Corporate Code of Ethics.  What are some of the items that you would include?  Feel free to research corporate websites and view existing corporate code of ethic's reports.  Required: Please respond by including at least five items that you would include in your new Corporate code of Ethics.

The annual report is a regular activity of public firms and is sent to current owners (shareholders) and the SEC, and is also made available to prospective owners, financial analysts, and others interested in a company’s performance. Name four of the major sections contained. Please discuss the benefits and limitations of the information provided in this report.

The following are relevant information pertaining to the results of the business operations for Maisarah Islamic Window for the year 2020: Income from Operations 3600000 Expenses from Operations 1300000 Indirect Income (Fee Based) 200000 Indirect Expenses 360000 The above profit from operation is prior to the distribution of profit to mudharabah depositors. The agreed profit sharing ratio between the Bank and mudharabah depositors is 60:40 respectively. Required Assuming that the pooling Method is used, calculate the net profit/loss to the Islamic Bank (Before Tax and Zakat)

The CSR is a concept whereby companies integrate social & environmental concerns into their business operations and in their interaction with their shareholders on a voluntary basis (European Commission, 2001). Required: Based on your view, discuss FOUR (4) benefits of CSR.    A study conducted by Thompson & Zakaria (2004) addressed that 209 out of 257 companies in Malaysia have made some form of CSR disclosure. Required: Based on the findings in the above articles, justify FOUR (4) reasons of some companies for NOT reporting the CSR.

Chapter 7 of the textbook presents some concerns regarding the current accounting standards for research and development expenditures. Instructions: For this discussion, you will be divided into two groups: Group B: You are assigned to Group B if you have a last name beginning with N-Z.  Assume that you are the FASB member. Write a memo defending the current standards regarding research and development. For both groups, your memo should address the following questions: By requiring expensing of R&D, do you think companies will spend less on R&D? Why or why not? What are the possible implications for the competitiveness of U.S. companies? If a company makes a commitment to spend money for R&D, it must believe it has future benefits. Shouldn't these costs therefore be capitalized just like the purchase of any long-lived asset that you believe will have future benefits? Explain your answer. For your initial post, indicate in the subject line which group you are in (Group A…

Tana Thorne works in a public accounting firm and hopes to eventually be a partner. The management of Allnet Company invites Thorne to prepare a bid to audit Allnet’s financial statements. In discussing the audit fee, Allnet’s management suggests a fee range in which the amount depends on the reported profit of Allnet. The higher its profit, the higher will be the audit fee paid to Thorne’s firm. Describe some ethical considerations guiding your recommendation.

https://thewaltdisneycompany.com/app/uploads/2022/01/2021-Annual-Report.pdfThe above link pertains to 2021 annual report for the Walt Disney Company. Use theinformation contained in this document and other necessary research to complete PART I ofthis group assignment.If you are unable to provide precise answers from the document being reviewed for anyapplicable questions then for each such question, make a disclosure comment on theappropriateness of the level of detail presented in the company’s annual report.All figures are in millions, ensure you reflect your notation accurately. Identify the largest dollar amount item in the Operating Activity section of the company’s Statement of Cash Flows. Explain precisely what is represented by this item. 2. IFRS allows some flexibility regarding the classification of interest, dividends, and taxes.Explain fully what this flexibility entails. How have these items basically been classified in the SCF for this company? 3.Calculate and interpret…

TUTORIAL QUESTIONS b) The CSR is a concept whereby companies integrate social & environmental concerns into their business operations and in their interaction with their shareholders on a voluntary basis (European Commission, 2001). Required: Based on your view, discuss FOUR (4) benefits of CSR. c) A study conducted by Thompson & Zakaria (2004) addressed that 209 out of 257 companies in Malaysia have made some form of CSR disclosure. Required: Based on the findings in the above articles, justify FOUR (4) reasons of some companies for NOT reporting the CSR.