How can predictive analytics be used by a public accounting firm to assess the risk of taking
Question:
How can predictive analytics be used by a public accounting firm to assess the risk of taking on a new client?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 33% (3 reviews)
A public accounting firm can use predictive an...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Managerial Accounting
ISBN: 9780137689453
1st Edition
Authors: Jennifer Cainas, Celina J. Jozsi, Kelly Richmond Pope
Question Posted:
Students also viewed these Business questions
-
You have joined a public accounting firm as a junior auditor and have been assigned to the audit team for one of your firms largest audit engagements, Cold Beverages Corp. (CB), a large public...
-
W&S Partners has just won the January 31, 2023, audit for Cloud 9. The audit team assigned to this client is: Partner, Jo Wadley Audit manager, Sharon Gallagher Audit senior, Josh Thomas IT audit...
-
Which of the following is not an example of a quality control procedure likely to be used by a public accounting firm to meet its professional responsibilities to auditees? a. Completion of...
-
A particular leadcadmium alloy is 8.0% cadmium by mass. What mass of this alloy, in grams, must you weigh out to obtain a sample containing 7.25 x 10 23 Cd atoms?
-
Sam and Theresa Daigle decided to build a home in Cameron Parish, Louisiana. To obtain financing, they contacted Trinity United Mortgage Company. At a meeting with Joe Diez on Trinity's behalf, on...
-
The Philbrick Company has two plants on opposite sides of the United States. Each of these plants produces the same two products and then sells them to wholesalers within its half of the country. The...
-
The two metal rods in Figure P27.22 are perpendicular to each other. Describe the magnetic force each rod exerts on the other, and then describe the torque caused by each force. Data from Figure...
-
The Kare Counseling Center was incorporated as a not-for-profit voluntary health and welfare organization 10 years ago. Its adjusted trial balance as of June 30, 2017, follows. 1. Salaries and fringe...
-
15. If y = 3x-4x+2 then slope at x = 1 is: (1) 1 (2) 2 (3) 4 (4) -2 16. sin240 = ? (1) - 2 (3) 3 1/2 17. Value of sin 2 is (4) (2) 12 (1) 23 (2) (3) 90 180 (4) 0 18. The rate of mass of the gas...
-
If overhead is overallocated, the actual overhead must be greater than the allocated overhead incurred. Do you agree? If you do not agree, explain why the statement is false.
-
Give examples of both internally and externally generated data that a company could analyze to determine possible production delays.
-
Rapid Grower, the supplier of plant food for Greens in Problem 12, has offered the following quantity discounts. If the nursery places orders of 60 bags or less, the cost per bag is $25. For orders...
-
We often assign our student groups to observe and gather information about other real-life groups. One of our groups observed another group of students working on a project for a marketing class....
-
Carla, our city councilwoman, chose to accept the group norm of meeting as long as it took to complete the groups work. However, there are pros and cons to that norm. Yes, the work was not permitted...
-
Assume you are on a student judicial committee charged with deciding the punishment of students who have violated your institutions rules and policies. Rob, the student whose case the committee is...
-
You and your group have been working on your panel presentation about the death penalty for several weeks, with one week to go before you are responsible for conducting the panel discussion in your...
-
According to Carl Hiaasen in Team Rodent: How Disney Devours the World,* Disneys venture in France, Euro-Disney, got off to a slow start when it opened in 1992. Disney executives decided to import...
-
Suppose you work for a survey research company. In a typical survey, you mail questionnaires to 150 companies. Of course, some of these companies might decide not to respond. Assume that the...
-
You are maintaining a subsidiary ledger account for Police-Training Expenditures for 2013. The following columns are used: Inventory purchases are initially recorded as expenditures. Record the...
-
Terri Ronsin had recently been transferred to the Home Security Systems Division of National Home Products. Shortly after taking over her new position as divisional controller, she was asked to...
-
Terri Ronsin had recently been transferred to the Home Security Systems Division of National Home Products. Shortly after taking over her new position as divisional controller, she was asked to...
-
Kelvin Aerospace, Inc., manufactures parts such as rudder hinges for the aerospace industry. The company uses a job-order costing system with a predetermined plantwide overhead rate based on direct...
-
Meet Daily Production Requirements: Ensure that the inventory is sufficient to meet the variable daily demand for each component. Inventory Management: Initial Inventory Levels are given. Purchases...
-
Cash Flow for ABC Hotel July August September Opening Balance $ 85,000 $ 94,450 ? Cash Incoming Sales $ 67,000 $ 64,399 $ 70,500 Asset Sales $ 1,200 $ - $ - Debtor Receipts $ 2,500 $ 2,800 $ 1,300...
-
Starbucks, the importer, is my client. Today, February 23, 2024, I call Starbucks and ask if they would like to purchase 37,500 pounds of coffee for December 2024 delivery. Starbucks agrees and we...
Study smarter with the SolutionInn App