Explain the treatment of non-controlling interest in the consolidated Statement of Comprehensive Inc
In: Accounting
What are the similarities of non-current assets and depreciation between GAAP and IFRS ?
In: Accounting
How do write a proposed funding for non-profit. Are there any examples?
In: Economics
20 idea development social entrepreneurship (non profit ) for poor people
In: Accounting
What are the similarities and the differences between directive and non- directive play therapy ?
In: Psychology
What is transposition and what are the differences between replicative and non replicative transposition?
In: Biology
Distinguish between probability and non-probability sampling, discuss their types with examples.
In: Operations Management
In: Psychology
Describe a non-deliverable forward and provide a business scenario for its use.
In: Finance
Analyze the income statement for any potential risk factors and compliance issues with Generally Accepted Accounting Principles (GAAP) or International Financial Recording Standards (IFRS). B. Analyze the risk factors and compliance issues with GAAP or IFRS on the balance sheet. C. Using the internal control, analyze the cash and revenue for potential risk factors.
1. What risks need to be documented?
2. How does this information compare to the company or industry averages, or the company’s past performance?
D. Explain the audit universe and how you identified it.
E. Based on your analysis of risk, devise a sampling program for the audit universe.
F. Choose the most preferable audit testing procedures that could be used in the field, based on the audit universe items sampled in this situation.
ncome Statement
All numbers in thousands
| Revenue | 1/31/2018 | 1/31/2017 | 1/31/2016 | 1/31/2015 |
| Total Revenue | 500,343,000 | 485,873,000 | 482,130,000 | 485,651,000 |
| Cost of Revenue | 373,396,000 | 361,256,000 | 360,984,000 | 365,086,000 |
| Gross Profit | 126,947,000 | 124,617,000 | 121,146,000 | 120,565,000 |
| Operating Expenses | ||||
| Research Development | - | - | - | - |
| Selling General and Administrative | 104,698,000 | 101,853,000 | 97,041,000 | 93,418,000 |
| Non Recurring | - | - | - | - |
| Others | - | - | - | - |
| Total Operating Expenses | 478,094,000 | 463,109,000 | 458,025,000 | 458,504,000 |
| Operating Income or Loss | 22,249,000 | 22,764,000 | 24,105,000 | 27,147,000 |
| Income from Continuing Operations | ||||
| Total Other Income/Expenses Net | -7,126,000 | -2,267,000 | -2,467,000 | -2,348,000 |
| Earnings Before Interest and Taxes | 22,249,000 | 22,764,000 | 24,105,000 | 27,147,000 |
| Interest Expense | -2,330,000 | -2,367,000 | -2,548,000 | -2,461,000 |
| Income Before Tax | 15,123,000 | 20,497,000 | 21,638,000 | 24,799,000 |
| Income Tax Expense | 4,600,000 | 6,204,000 | 6,558,000 | 7,985,000 |
| Minority Interest | 2,953,000 | 2,737,000 | 3,065,000 | 4,543,000 |
| Net Income From Continuing Ops | 10,523,000 | 14,293,000 | 15,080,000 | 16,814,000 |
| Non-recurring Events | ||||
| Discontinued Operations | - | - | - | 285,000 |
| Extraordinary Items | - | - | - | - |
| Effect Of Accounting Changes | - | - | - | - |
| Other Items | - | - | - | - |
| Net Income | ||||
| Net Income | 9,862,000 | 13,643,000 | 14,694,000 | 16,363,000 |
| Preferred Stock And Other Adjustments | - | - | - | - |
| Net Income Applicable To Common Shares | 9,862,000 | 13,643,000 | 14,694,000 | 16,363,000 |
In: Accounting