Business Commons^™

A Study Of The Utility And Validity Of Earnings Forecasts, Michael P. Howell

Honors Theses

According to William J. Casey, the past Chairman of the Securities and Exchange Commission, and recently appointed Under Secretary of State and Economic Affairs, forecasting should be the first and most important priority of all areas of management and public accounting. Only large institutional investment corporations have had access to such "useful" information when needed. Consequently, large investors are able to make more objective and intelligent investment decisions. A recent study determined that few investment corporations veritably have access to pertinent internal forecasting models. In fact, when interviewed, many executives claimed that even if they could procure such information, they …

A Look At Today's Stock Market, Beth Gladden

Honors Theses

Being interested in the stock market, certain stocks specifically, I decided to follow ten different companies for a period of 91 days. These stocks include some of my own, some I am interested in, and some of the most active stocks during the week I began my project, September 1, 1973. They are listed in the New York Stock Exchange, the American Stock Exchange, and Unlisted Stocks.

To begin my investigation I recorded the closing price every day of each company, in order to show increases, decreases, and fluctuations. By doing this I was constantly aware of what stock I …

The Auditor And Statistical Sampling Techniques, Marilyn Metcalf

Honors Theses

"The auditor's overall objective is to determine whether the accounting process is free from material error." To complete his objective, the auditor must thoroughly analyze all aspects of the financial statements used in the accounting process in order to satisfy himself that they fairly represent the results of activity for the period under audit and of the financial position at the end of that period. If the volume of the transactions is great, time and economic factors may keep the auditor from making a 100 percent examination. Since a complete examination cannot be made, the auditor must choose a portion …