While working on a consulting engagement, a supervisor in your team has given you an assignment. The client is a regional trucking company. A new customer has approached the client with an opportunity that would require 120 trailers—20 more than the trucking company currently owns. The client is uncertain how long the relationship with the customer may last, but the deal has the potential for significant growth.
Your supervisor has asked you to research leases and lease structure issues on the Financial Accounting Standards Board (FASB) website, in particular the current practice and thought related to direct financing, sales type, and operating leases.
Write a 700- to 1,050-word memo addressed to your supervisor that summarizes your FASB research results. Keep the memo brief while exploring the issues. Remember that both the client and the supervisor have limited time, and you want to make a good impression. Recommend an approach that the client can use to evaluate and capitalize on this opportunity.
Format your paper consistent with APA guidelines, including appropriate citations and references. Run your paper through WritePointSM and Plagiarism Checker.
Business – Accounting
Individual Assignment: Response to Client Request I
Consider the following scenario: While working on a consulting engagement, a supervisor in your team has given you an assignment. The client is a regional trucking company. A new customer has approached the client with an opportunity that will require it to utilize 120 trailers—20 more than the trucking company currently owns. The client is unclear how long the relationship with the customer may last, but the deal has the potential for significant growth. Your supervisor has asked you to research issues in the FASB Ac…
The Essay on Princess Regional Trucking Company
Princess Regional Trucking Company has been approached by a client with an opportunity that would require 120 trailers which is about 20 more than we currently own. We are not sure how long the relationship with this customer will last but this deal has the potential for considerable growth. I have a great deal of information for you regarding lease options that Princess Regional Trucking Company ...
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Business – Accounting
Individual Assignment: Response to Client Request I
Consider the following scenario: While working on a consulting engagement, a supervisor in your team has given you an assignment. The client is a regional trucking company. A new customer has approached the client with an opportunity that will require it to utilize 120 trailers—20 more than the trucking company currently owns. The client is unclear how long the relationship with the customer may last, but the deal has the potential for significant growth. Your supervisor has asked you to research issues in the FASB Accounting Standards Codification Website relating to leases and lease structures, in particular the current practice and thought related to direct financing, sales type, and operating leases.
Write a 700- to 1,050-word memo addressing your supervisor that summarizes your FASB Accounting Standards Codification website research results. Keep the memo brief while exploring the issues. Remember, both the client and the supervisor have limited time, and you want to make a good impression. Recommend an approach the client can use to evaluate and capitalize on this opportunity.
Format your memo according to the example in the Center for Writing Excellence, including appropriate citations and references. Run your paper through WritePointSM and Plagiarism Checker.
