Activity: Your accounting firm, Pennypacker & Vandelay, LLC, has been asked by the Chairman of Harris Memorial Hospital and Harris Community Foundation to attend the annual board meeting to present th
Criteria | Ratings | Pts |
Type of Opinion Rendered view longer description | 20 pts Full Marks 20 pts Proficient Correct response to the opinion by the auditors. 15 pts Competent Incorrect response to the type of opinion rendered by the auditor 10 pts Novice Incorrect response to the type of opinion rendered by the auditors but response is supported with a rebuttal. 0 pts Incomplete No response to type of opinion rendered. 0 pts No Marks | 20 / 20 pts |
Ratio Analysis and Return on Equity calculation for comparative years. view longer description | 30 pts Full Marks 30 pts Proficient All ratios completed and correct for five categories of ratios. Return on equity calculation for comparative periods complete and correct. 25 pts Competent All ratios complete and correct for three out of five categories. Return on equity calculation for comparative periods complete and correct for one period. 20 pts Novice All ratios complete and correct for two out of five categories. Return on equity calculation for comparative periods complete and incorrect for both periods. 0 pts Incomplete No response to the calculations or less than two correct. 0 pts No Marks | 0 / 30 pts |
Analysis and Explanation of variances for comparative years view longer description | 30 pts Full Marks 30 pts Proficient Analysis and explanation of variances for comparative years completed for all five categories of ratios. 25 pts Competent Analysis and explanation of variances for comparative years complete for three out of five categories. 15 pts Novice Analysis and explanation of variances for comparative years complete for two out of the five categories. 0 pts Incomplete No response to analysis and explanation or less than two correct. 0 pts No Marks | 0 / 30 pts |
Conventions view longer description | 10 pts Full Marks 9 pts Proficient Post have no grammatical or spelling errors. APA format is used when appropriate with no errors. 5 pts Competent Post have few grammatical and spelling errors. APA format is used when appropriate or is used with more than four errors. 0 pts Incomplete Post have numerous grammatical or spelling errors. APA format is not utilized. 0 pts No Marks 0 pts Novice Post have many grammatical and or spelling errors. APA format is not used when appropriate or is used with more than four errors. | 10 / 10 pts |
Recommendations/Future Events view longer description | 10 pts Full Marks 9 pts Proficient Five recommendations and 5 future events identified and reported at the board meeting 5 pts Competent Four recommendations and four future events identified and reported at the board meeting. 3 pts Three recommendations and three future events identified and reported at the board meeting. 0 pts Incomplete No responses to recommendations and future events or less than three identified. 0 pts No Marks | 0 / 10 pts |
Total Points: 30 |