Manager Infrastructure + Finance

Essay specific features

 

Issue:

Business

 

Written by:

Pamela C

 

Date added:

July 31, 2011

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 1013

 

Was viewed:

10235 times

 

Rating of current essay:

 
Essay content:

Kitscha has assumed that all financial reporting should follow Canadian GAAP. It is Kitscha’s understanding that YSSB’s financial statements will serve at least two purposes: 1) Being used by YSSB’s owners to determine the bonus amounts, if any, to distribute to employees; and 2) Potentially being provided to the Morgan Bank (the “Bank), in satisfaction of a condition pursuant to a line of credit (“LOC”) provided by the Bank in favor of YSSB...
displayed 300 characters

Custom written essay

All essays are written from scratch by professional writers according to your instructions and delivered to your email on time. Prices start from $10.99/page

Order custom paper

Full essays database

You get access to all the essays and can view as many of them as you like for as little as $28.95/month

Buy database access

Order custom writing paper now!

  • Your research paper is written
    by certified writers
  • Your requirements and targets are
    always met
  • You are able to control the progress
    of your writing assignment
  • You get a chance to become an
    excellent student!

Get a price guote

 
 

Without having reviewed the terms of the LOC, Kitscha has been advised that the LOC has two the additional requirements, being: i) YSSB’s debt-to-equity ratio may not exceed 1.00; and ii) the Bank must approve all dividend distributions and profit sharing amongst the owners. This letter provides Kitscha’s professional opinion regarding the following items: 1) the general form of the financial statements; 2) the obligations to the Bank; 3) revenue recognition; 4) collection of life insurance premiums; and 5) a newly developed legal claim against YSSB...
displayed 300 characters

General issues of this essay:

Related essays:

x
Services