You have recently been hired by Bugs Botanicals Inc. as the Manager of Financial Reporting: Advanced Accounting Case study, AU, Canada

University Athabasca University (AU)
Subject Advanced Accounting

You have recently been hired by Bugs Botanicals Inc. as the Manager of Financial Reporting. BugsBotanicalsIncJBBI)is known for its very popular flower arrangements that are genetically enhanced to produce colors that aren’t seen anywhere else in the world.

The flowers are primarily grown on farms and greenhouses owned by BBI near Muskoka, Ontario. BBI was originally started by a family of two sisters who wanted to disrupt the traditional flower market. The original shareholders still own 45% of the outstanding and issue data resofBBI.

Today is July 16, 2021. The CFO of BBI, Tweet E. Bird, just stopped by your office to give you a special assignment under the codename Project Jam. The tweet has advised you the assignment is confidential a should not be discussed with anyone, including other employees of BBI.

The tweet is expecting you to rely on research in order to assist in responding to the request. If she has time, she might be able to respond to questions on the confidential discussion board she setup for Project Jam. BBI is considering making an offer to acquire a successful garden and greenhouse operation located in Saskatchewan Da & Green Thumb (DGT).

DGT is a local expert and is quickly gaining global recognition from floriculturists. In particular, DGT has developed a highly coveted growing and preservation methods that allow for harvested flowers to live for an exceptionally long time. This process is a close lyguar dense Cretan significant value driver for the company.

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