brandonwalls

brandonwalls

Brandon leads Essay Embassy's Business Operations, Customer Operations, and Finance teams. He specializes in helping high-growth companies scale and prosper, as well as driving strategy, operational efficiencies, and business organization evolution. Brandon spends his free time with his family and loves sailing, traveling, organic gardening, and building stuff out of wood. Brandon holds a BA in history and Asian studies from Dartmouth College, an MA in international policy studies from Stanford University, and an MBA from the Stanford University Graduate School of Business. His favorite books are history and biographies. Next on the list is Washington by Ron Chernow.

Acts Discreditable Rule: AICPA Guidelines

Acts Discreditable Rule

Which statement best describes the “ Acts Discreditable Rule”? The rule applies to all AICPA members and relates to conduct that diminishes the accounting profession’s reputation. Violation of the rule must be disclosed to all of the member’s future clients and…

Analyzing Ruston Company’s Cash Flows

Net Cash Flow from Operating Activities

Suppose Ruston Company has the following results related to cash flows for 2022: Net Income of $6,700,000Increase in Accounts Payable of $300,000Decrease in Accounts Receivable of $500,000Increase in Inventory of $800,000 Assuming no other cash flow adjustments than those listed…

Stacey was paid a retiring allowance of $25,000.00 when her employment was terminated in July 2023. Stacey started with the organization in December 1985 and became a fully vested member of the company pension plan in December 1986. Calculate the portion of Stacey’s retiring allowance that will be eligible to transfer to a Registered Retirement Savings Plan.

Solution:- Retiring allowances, also known as severance pay, are amounts paid to officers or employees when or after they retire from an office or employment, in recognition of long service or for the loss of office or employment. Explanation: In…

Chapter R, Section R.1, Concepts and Vocabulary, Exercise 2

Explanation Use the order of operations (PEMDAS = Parenthesis →→ Exponent →→ Multiplication →→ Division →→ Addition →→ Subtraction) and perform the calculations in that order from left to right. 4+5∗6−3 Perform the multiplication first. 4+30−3 Now perform the addition. 34−3 Finally, perform the subtraction. 34−3=31 Verified Solution ✅ 31