Category: Accounting

The company that has been selected for the assignment is Walmart. One of the things that I would like to change in the company is increasing their inventory. Secondly, I would like to adjust their sales by reducing the expenses and increasing units presented to the market for selling. There are several implications expected in…

Assessment 3 Use this template to record your answers to Parts 1–4 in Assessment 3, Section 1. Submit the completed template for your assessment. Part 1: Receivables Reporting Problem 1 825,000 x 2% = 16,500 – 3,500 = $13,000 Problem 2 Accounts Receivable – Accounts Uncollected = Net Realizable Value (NRV) 962,500 – 99,000 =…

Errors and Omission One of the errors and omissions on the Corporate Income Tax Return is Transportation. According to the IRS Standards, transportation errors occur when the value of two digits has been interchanged. Identification of the error is problematic in the books of accounts but worth fixing the balanced value and reducing fraud. One…

Week 2 (Leadership) Leadership plays a major role in impacting an organization’s performance, success, or failure. To be a successful leader, one must develop a style of leadership based on the personality, goals, and culture of the business. I believe I am a democratic leader. This leadership focuses on soliciting input from all team members,…

Accountability in Healthcare Organizations Introduction Organizational accountability involves defining an organization’s mission, values, and desired goals and employees’ roles and responsibilities towards achieving them effectively and successfully. As a result, it is about holding an organization’s executives and employees responsible for accomplishing desired goals and objectives, completing specific assignments and responsibilities, and most importantly, making…

Introduction As the healthcare sector remains one of the fastest-growing industries, it features different and important positions with unique educational needs. Therefore, the field of healthcare management provides both competitive salaries and, most importantly, job growth. As a result, it remains to be an attractive career choice. One of the most important management positions in…