Chapter 12, Problem 12.18P

Retrieve a copy of The State of New Jersey's Comprehensive Annual Financial Report Fiscal Year Ended June 30, 2019 (CAFR). This may commonly be obtained online. It would be best, but not absolutely necessary, to use a CAFR that has a Certificate of Excellence in Financial Reporting from the Government Finance Officers Association. Answer the following questions related to your CAFR (include page numbers for reference).   (A) What are the inclusive dates of the fiscal year? (B) Identify the name and address of the independent auditor. Is the auditor's opinion unmodified? If not, describe the modification. Is the opinion limited to the basic financial statements, or does the opinion include combining and individual fund statements? (C) Does the report contain an organization chart? A table of contents? A list of principal officials? A letter of transmittal? Is the letter of transmittal dated and signed by the chief financial officer? List the major items of discussion in the letter of…

List the minimum disclosure requirements for interim financial reports.

Comprehensive Byrd Companys Contributed Capital section of its January 1, 2019, balance sheet is as follows: During 2019, Byrd entered into the following transactions: Required: 1. Prepare memorandum and journal entries to record the preceding transactions. 2. Prepare the Contributed Capital section of Byrds December 31, 2019, balance sheet.

In your opinion, is it important that an organization set standards and measure them monthly? Why or why not?

Subject: acounting

Question Content Area ERISA (Pension Reform Act of 1974) provides guidance for actual return on plan assets minimum funding during the year accumulated benefit obligation projected benefit obligations

Refer to the information in RE14-1. Assume Canglon uses the effective interest method to amortize the discount. Prepare the journal entry to record the first interest payment on June 30, 2019.

explain in Full detail.

Discuss how much they should contribute to superannuation (develop a contribution schedule), providing information about the contribution rules, including contribution caps and eligibility to make concessional and non-concessional contributions, where appropriate.