Ethical Guidelines: Accounting
Use at least one (1) quality academic resource (in addition to your textbook) for this assignment. Note: Wikipedia and similar websites do not qualify as academic resources. You have access to Strayer University’s Online Library at https://research(dot)strayer(dot)edu and the iCampus University Library Research page at https://icampus(dot)strayer(dot)edu/library/research.
Your assignment must follow these formatting requirements:
Your paper should be double spaced (Arial or Times Roman 12 pt font) and follow general Strayer Writing Standards (SWS) as they relate to references and citations. Please take a moment to review the SWS documentation for details (more information and an example is included in the Strayer Writing Standards menu link located in your Blackboard).
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
Case Analysis
Your Name
Subject and Section
Professor’s Name
September 8, 2020
1 The main reason why the $180,000 uncollectible allowance is calculated through the calculations/process ratio is in line with the ethical guidelines in accounting. Since this method provides for allowance by accounting for any negative debt expenses incurred by the company, the organization’s revenue and expenses become more balanced. Additionally, since this process wherein the uncollectible allowance is taken into account, the balance sheet’s receivables could serve as a more accurate representation of what the company and its stakeholders could expect to receive in cash. In general, the addition of the $180,000 uncollectible allowance makes the balance sheet more relevant and accurate for the benefit of both the company and the stakeholders.
Additionally, it must be noted that this method also increases the relevance of the organization’s income stat...
👀 Other Visitors are Viewing These APA Essay Samples:
- American Airlines Financial Assessment and Analysis2 pages/≈550 words | 2 Sources | APA | Accounting, Finance, SPSS | Essay |
- FIN400 Discussion. Article by Zoe Wood and Julia Kollewe. Finace Essay1 page/≈275 words | 1 Source | APA | Accounting, Finance, SPSS | Essay |
- After a Wild and Profitable Ride, Bonds Can Still Provide Safety: A Bond Valuation2 pages/≈550 words | APA | Accounting, Finance, SPSS | Essay |
- FIN Critical Thinking. Progressive Tax System.Accounting Finance Essay5 pages/≈1375 words | 3 Sources | APA | Accounting, Finance, SPSS | Essay |
- Why Are Branded And Designer Goods So Expensive?1 page/≈275 words | No Sources | APA | Accounting, Finance, SPSS | Essay |
- Money and Banking: FOMC Meeting 2 pages/≈550 words | No Sources | APA | Accounting, Finance, SPSS | Essay |
- Financial Statement / Audit Report Review4 pages/≈1100 words | 2 Sources | APA | Accounting, Finance, SPSS | Essay |