Q&A

Accounts-AW328 Online Services   1. What do you see that needs further questioning? Examples would be great. 2. What do you feel the risks/weaknesses are? 3. What do you feel the strengths are? 4. With the limited information, do you feel the loan opportunity would be recommendable? 5. Also feel free to provide any other comments   Scenario 1   ...

Accounts-AW325 Online Services   Questions   1) Briefly describe how the following fit into an overall regulatory framework that guides external audits: the Auditing Standards Board's (ASB's) 10 Generally Accepted Auditing Standards, SAS (The ASB's Statements of Auditing Standards), PCAOB rules, and ISA (International Standards on Auditing). By "fit int...

Accounts-AW330 Online Services   The stock of X is owned equally by two shareholders: Y (an individual with a stock basis of $100) and A (an individual with stock basis of $40). X uses the accrual method, A and Y use the cash method, and all use the calendar year. (Assume 1059 does not apply.) During the current year, X accrued income and expenses (X has alway...

Accounts-AW324 Online Services   Q.1. Ram borrowed $9000 at 7%. He pays $1100 in 2 months, $250 in 5 months, and $1300 in 7 months. What is the balance due in 10 months?   Q.2. Hari was supposed to pay $1460 to Sam on March 2. Some time later Hari paid Sam an equivalent payment of $1552.84, allowing for a time value of money of 3.9% compounded month...

Account-AW322 Online Services   Final Exam FIN 5530 Answer all questions and show all the work on excel.   1. The DEAR for a bank is $6,500. What is the VAR for an 8-day period? A 16-day period? Why is the VAR for a 16-day period not twice as much as that for a 8-day period?   2. Bank Y has an inventory of 14-year zero-coupon bonds with a face v...