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Format: · Research paper for this course should be written and saved as a Word document, and include a minimum of 1,000 words, (approximately full two pages), not to exceed 1,200 words. · Please use...

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Format:

· Research paper for this course should be written and saved as a Word document, and include a minimum of 1,000 words, (approximately full two pages), not to exceed 1,200 words.

· Please use 12-point Times New Roman font, single-spaced, with one-inch margins on all sides.

· Center the title of your paper followed by your name at the beginning of the first page, immediately followed by the main body of your paper.

· Please do not include a Title Page or Abstract for this assignment.

· A third page should be included for references.

References:

· Your paper should incorporate five (5) full-text Articles on your approved topic and reference to FASB Codification as appropriate.

· Out of the five required reference articles, a minimum of two should come from business or accounting journals(CPA Journal, Journal of Accountancy, Auditing: A Journal of Practice & Theory, The Tax Advisor, etc.).

· The library has subscriptions to these, and students can schedule appointments with librarians to receive help with their research if needed.

· Other references may include magazines (Forbes, Businessweek, The Economist, etc.), newspapers (The Wall Street Journal, Investor’s Business Daily, etc.), and online articles (investopedia.com, money.cnn.com, msn.money.com, etc.).

· Please limit your use of online articles (not published in hard copy) to two references.

· Note that Wikipedia is not an acceptable reference for this paper.

· Textbooks will not count toward the five required references.

· Please refer to the following sample research paper as an excellent example of formatting and content.

The assignment requires the use of the Library/Internet research to locate and study written articles on any topics on financial accounting that was covered in the class. The student is required to critique, analyze, and evaluate the articles as they relate to what was learned in class by writing a four to six-page paper (12 font, double spaced, APA format). The objective of this activity is for you to be aware of what is happening in the real world as it relates to financial accounting issues to make the study of accounting more meaningful, and to bridge the gap between theory and practice.

You will select any topic related to financial accounting that interests you. Your textbook is a good place to begin exploring options. Consider the information in each chapter. You may also choose a topic you are familiar with professionally or one that is interesting to you but not directly studied in this course. Examples include (this is not an exhaustive list): partnerships vs. corporations, accounting for inventory valuation, types of legal business entities, accounting for accounts receivable and uncollectible accounts, fair value accounting, IFRS, Sarbanes Oxley, ethics in accounting, the history and purpose of the cash flow statement, accounting for long-term liabilities, comparative evaluation of different depreciation methods, are just a few of the possible choices. It would be wonderful if you carefully considered the topics and what interests you. You are invited to think outside the box and suggest any potential topic.

Your paper should be aminimumof 4 typed pages, double spaced, one inch margins, 12 pt Times New Roman font. You should include aminimumof three qualitypeer reviewedacademic sources. Your references must be complete an in APA format.

Answered Same Day Jun 22, 2021

Solution

Khushboo answered on Jun 25 2021
140 Votes
Cash Flow Statement:
The statement of cash flows is the part of the final statements of the entity and it is considered as the interim part of the financial statement which shows the outflows and inflows of cash of an organization at the end of the particular period. “Statement of cash flows is the information related to the flows of cash of any organization, is valuable to assess the ability of a company for generating the cash equivalents & cash and the necessities of the organization to use the cash flows” (AASB, 2017). This cash flow report of an organization is very important for users to make many economic decisions. A statement related to the cash flows, when utilized in association with remainder of the financial statements, gives information that helps the clients to assess the adjustments in total asset of an organization, its structure related to finance and the capacity of the entity to influence the amount and timing of cash streams all together to adjust to change according to conditions and opportunities (AASB, 2017). The cash movement of the entity is analyzed into three types that are operating movements (activities), investing movement (activities) and financing movements (activities).
There are various people and other groups which are interested in this statement are accounting personnel who are required to analyze the cash availability to meet the expenses of the organization, creditors of the entity who wants to analyze the position of the company to pay its debt, investors are also interested in the statement to evaluate the position of the company, employees and the contractor of the entity are interested in this statement to assess the cash position of the company to evaluate whether their compensation can be paid or not and also the directors and the shareholders of the entity are also the potential users of the statement.
Purpose:
The statement of cash flows is a type of finance statement which determines the way the fluctuation in balance sheet and profit and loss account affects the cash and its equivalents. It is useful for the investor as it will allow the investor to have track of the movement of the cash in the particular accounting period and investor can easily analyze the source and use of the cash and with the help of such statement investor can also come to assess the ability of the company to pay the expenses related to the investment from the operating activities. A company capability to pay for its operations and growth is an indication to investors that the company is...
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