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22 Cards in this Set
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ACC 497 Complete Class |
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ACC 497 Week 1 DQ 1 What is the FASB Codification System? What is the purpose of the FASB Codification System? How can it be used to make better accounting decisions? |
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ACC 497 Week 1 DQ 2 What are Generally Accepted Accounting Principles (GAAP)? How do GAAP affect financial reporting? How might GAAP need to change to accommodate today’s dynamic business environment? |
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ACC 497 Week 1 DQ 3 What tools can be used for financial statement analysis? What do these tools tell you about financial performance? What kinds of business decisions can be made using these tools? |
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ACC 497 Week 1 Individual FASB Codification System Orientation Paper Resources: FASB Codification System website accessible through the FASB Online link located on your student website Access the FASB Online website and familiarize yourself with the contents. Write a 350-word paper in which you answer the following questions: · What is the FASB Codification System? · What is the purpose of the FASB Codification System? · What are the nine content areas located in the FASB Codification System? What types of items are located under each content area? Format your paper consistent with APA guidelines. |
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ACC 497 Week 2 DQ 1 What are at least three International Accounting Standards? Are these standards the same as U.S. standards? Explain your response. Is it necessary to have global standards? Explain your response.
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ACC 497 Week 2 DQ 2 What are some nonfinancial performance measures? What do they tell us about the performance of an organization? Why is it important for managers to include nonfinancial performance standards in their analysis of their operations? |
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ACC 497 Week 2 DQ 3 What are some business decisions that managers could make? What tools will they use to make recommendations regarding these business decisions? Why would they use these tools? How will they measure the success of their recommendations? |
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ACC 497 Week 2 Individual Financial Statements Paper Part I Resources: Appendix A: The Home Depot, Inc. Annual Report in Fundamentals of Financial Accounting Write a 1,050- to 1,750-word paper in which you answer the following questions: · What does the Consolidated Statements of Earnings—the income statement—tell you about the company? Why is this statement important? What business decisions could be made using the income statement? · What does the balance sheet tell you about the company? Why is the balance sheet important? What business decisions could be made using the balance sheet? · What does the statement of cash flows tell you about the company? What business decisions could be made using the statement of cash flows? · What information is provided in the statements that will assist you in making these business decisions? What information is not provided that could assist in managerial decision making?
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ACC 497 Week 2 Learning Team Case Study Assignment Resources: Ch. 1 & 2 of Financial Accounting Theory and Analysis: Text and Cases Write a 350-word response for each of the following cases answering the questions located at the end of each case.
· Case 1-3 Politicalization of Accounting Standards in Ch. 1 · Case 1-4 Generally Accepted Accounting Principles in Ch. 1 . Case 2-2 The Theoretical Foundation of Accounting Principles in Ch. 2 |
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ACC 497 Week 3 DQ 1 What is tax research? What is the purpose of conducting tax research? Are results of tax research conclusive? Explain your response. |
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ACC 497 Week 3 Individual Assignment - Exercise 17 (E1-17) Resources: Ch. 1 of Managerial Accounting: Tools for Business Decision Making Prepare a written response to the following exercise:
Exercise 17 (E1-17) at the end of Ch. 1 |
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ACC 497 Week 3 Individual Financial Statements Paper Part II Resources: Appendix A, The Home Depot, Inc. Annual Report in Fundamentals of Financial Accounting Write a 1,050- to 1,750-word paper in which you address the following:
· Does management’s assessment of the financial condition agree with your assessment from the Financial Statements Paper Part I? Explain your response. Support your answer using trend analysis, vertical analysis, or ratio analysis.
· In the Annual Report, there are several concerns from management. Discuss these concerns, and identify other weaknesses not discussed by management. Then, recommend a course of action addressing these concerns.
Format your paper consistent with APA guidelines. |
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ACC 497 Week 3 Learning Team Assignment BYP1-2 Resources: Ch. 1 of Managerial Accounting: Tools for Business Decision Making Write responses to the following assignment: Broadening Your Perspective, Managerial Analysis (BYP1-2) at the end of Ch. 1 |
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ACC 497 Week 3 Learning Team Case Study Assignment Resources: Case 3-5: International versus U.S. Standards in Ch. 3 of Financial Accounting Theory and Analysis: Text and Cases Write a 350- to 700-word response to the questions located at the end of the case study. |
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ACC 497 Week 4 DQ 1 What are the risks and liability factors in an audit? What are the implications to the auditor? What are the implications to the organization? How can the auditor mitigate these risks and liability factors? |
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ACC 497 Week 4 DQ 2 What is the Sarbanes-Oxley Act? How does act affect the audits for the accounting firm and for the organization? Has the Sarbanes-Oxley Act improved the quality of the audit? Explain your response |
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ACC 497 Week 4 Individual Assignments From the Readings Resources: Ch. 1 of Prentice Hall’s Federal Taxation 2011: Individuals Respond to the following problems by conducting tax research and including tax-planning advice:
I:1-48 Tax Strategy Problem I:1-49 Case Study Problem |
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ACC 497 Week 4 Learning Team Assignments From the Readings Resources: Ch. 15 of Prentice Hall’s Federal Taxation 2011: Individuals Conduct tax research and formulate tax-planning advice in your response to the following problems I:15-61 Tax Strategy Problem I:15-62 Case Study Problem |
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ACC 497 Week 5 DQ 1 What are the differences in reporting guidance in a for-profit and not-for-profit organization? What are the similarities in reporting guidance in a for-profit and not-for-profit organization? How do these differences and similarities affect the comparability of financial reports? Should these reports be comparable? Explain your response. |
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ACC 497 Week 5 Individual Assignments From the Readings Resources: Ch. 4 & 5 of Modern Auditing Write answers to the following problems: · Learning Check 4–15 & 4–17 in Ch. 4 . Comprehensive Question 5 - 34 And 5 - 35 |
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ACC 497 Week 5 Learning Team Case Study Paper And Presentation Resources: Case 3: Charitable Contributions and Debt: A Comparison of St. Jude Children’s Research Hospital/ALSAC and Universal Health Services located on your student website in Ch. 5 of Mastery of the Financial Accounting Research System (FARS) Through Cases Write a 1,050- to 1,400-word response in which you address the following questions from the case study: · Questions from Requirement A · Questions from Requirement B · How would your answers to Requirements A and B differ if the government owned and operated the hospital? Format your paper consistent with APA guidelines.
Create 5- or 6-slide Microsoft® PowerPoint® presentation with speaker notes illustrating your findings to Case 3, Charitable Contributions and Debt: A Comparison of St. Jude Children’s Research Hospital/ALSAC and Universal Health Services in Ch. 5 of Mastery of the Financial Accounting Research System (FARS) Through Cases.
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