Latest News - Accounting

Comprehensive Budget Project

Comprehensive Budget Project Budgeted Balance Sheet Balance Sheet December, 2025 November, 2025 Assets Assets Cash 233604 Cash         9,435 Accounts Receivable  $ 168,000 Accounts Receivable  ...

Percentage Completion

Percentage Completion Compute the equivalent cost per unit, assuming the ending inventory is 40 per cent complete. Ending inventory = $902,400/$9.45 = (95,492 – 5, 500) units = $89,992 The number of...

Law of Probability

Law of Probability Question 1 The law of probability – states that for all statements S, the probability of ‘S’ should be between 0 and 1, e.g. ( 0 =< P (s) =< 1 ) Actual profits are higher...

Personal Statement-Certified Public Accountant

Personal Statement-Certified Public Accountant My career goal is to become a Certified Public Accountant (CPA). I am working towards this goal by taking the necessary courses and working at an...

Personal Statement-Master of Accountancy Program

Personal Statement-Master of Accountancy Program My Interest in the Master of Accountancy Program My interest in obtaining a Master of Accountancy degree began when I started working in accounting....

The Proposed Absorption of PCAOB by SEC

The Proposed Absorption of PCAOB by SEC Trump’s administration intends to merge the Public Company Accounting Oversight Board (PCAOB) with the Securities Exchange Commission (SEC), citing...