Accounting

Imagine you are the assistant controller in charge of general ledger accounting at Linbarger Company. Your company has a large loan from an insurance company. The loan agreement requires that […]

Accounting

a) Maddow and Wells, Inc. purchased securities five years ago. The company classified the securities as available-for-sale at the time of purchase. Now, MW desires to reclassify the securities to […]

Accounting

Corporate governance scandals are still commonplace with Green Mountain Coffee, Chesapeake Energy, Wal-Mart, and Group on being among the latest examples since the enactment of the Sarbanes-Oxley Act of 2002. […]